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The error you have is called a "gutter fold". While many printing errors can be worth hundreds, gutter folds are relatively common and worth $30 to $60 depending on the bill's condition.

FWIW, most likely the paper was already folded before the bill was printed. Blocks of bills are printed on plate presses which means the chances of a fold happening at the time of printing are quite low.

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Q: What is the value of a 1 dollar bill that was folded when it was printed. When you pull it from each end it has a white line going through it when it goes back together the letters and numbers line up?
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