To clear things up, Joseph W. Barr was Secretary of the Treasury for more than one day. He served in the Johnson Administration from December 1968 through January 1969, when Richard Nixon was inaugurated. While his remains the shortest tenure of any Treasury Secretary up to this writing, it was far longer than 24 hours.
Because $1 bills are so heavily used and wear out faster than other denominations, the Treasury had to print new ones during Barr's tenure. There was a lot of guessing that those bills would be rare but instead the Treasury kept printing them long after Barr left office. Nearly half a billion $1 bills with his signature were made, short-circuiting attempts by speculators to profit by hoarding them. However many people were (and still are) unaware that so many "Barr notes" were printed and keep any that they might find.
After leaving office, Barr served in leadership positions (chairman, president, etc.) at various banks until his retirement. He died in 1996 at the age of 78.
Those are known as Barr notes. In circulated condition they might be worth $1.25 to someone. They sell for about $3 in perfect condition.
1963 was the first year the dollar bill became a Federal Reserve Note. B standing for "Barr Dollars". Joseph Barr was the shortest serving Treasury Secretary. Since he only served about a month in office, most people thought that $1 notes bearing his name would increase in value. A note with his signature ranges from $2 in F - $15 in CH CU. However, if the note is a star, I would double the price for the lower grades and triple in higher grades. Otherwise, the notes are not as rare as originally believed, although they ARE over 35 years old and no one knows how many are still in circulation.
For one in mint condition the right collector might pay around $5 or so. If its a star series maybe slightly more. The bills arent really that rare due to folks hoarding them because of the Barr signature ( Often called a Barr note)
There are two versions of the 1963 $2 bill each with a different secretary name, in uncirculated condition, they are worth; P382a : Henry H. Fowler. $10.00 P382b : Joseph W. Barr. $13.00 At any quality other than uncirculated, they are worth face value ($2).
All 1963-series $1 bills, including the often-misunderstood "Barr notes", are common among collectors. As of 01/2010 they sell for about $1.25 if circulated, $2 to $2.50 uncirculated.
I asked you first
Please check your bill again. There are no 1968-date $1 bills. "Barr notes" are dated 1963.There's more information the at question "What is the value of a US 1 dollar bill signed by Secretary Joseph Barr?"
Internet frenzies to the contrary, "Barr dollars" are neither rare nor valuable.Please see "What is the value of a US 1 dollar bill signed by Joseph Barr?" for more information.
Joseph W. Barr died on 1996-02-23.
Joseph W. Barr was born on 1918-01-17.
Joseph M. Barr died on 1982-08-26.
Joseph M. Barr was born on 1906-05-28.
Joseph Landon has written: 'The Barr Beacon beds' -- subject(s): Geology
"Barr notes" have an undeserved reputation for rarity because Joseph Barr served as Treasury Secretary for only about a month at the end of the Johnson administration. However, notes bearing his signature were printed in large quantities before new ones were prepared for Nixon's administration. As a result Barr notes are common among collectors. As of 02/2009 U.S. Currency Auctions lists a fair market value of an uncirculated Barr note at only $2.00. Many sellers on eBay are under the mistaken impression that these bills are rare - or are trying to play off others' lack of knowledge - and are attempting to charge highly inflated prices.
"Barr notes" are assumed to be more valuable than others because Joseph Barr only served as Treasury Secretary for about a month at the end of the Johnson Administration. However nearly half a billion bills with his signature were printed so they only command a slight premium over others from the same era. As of 02/2009 U.S. Currency Auctions lists a fair market value of an uncirculated Barr note at only $2.00. Many sellers on eBay are under the mistaken impression that these bills are rare - or are trying to play off others' lack of knowledge - and are attempting to charge highly inflated prices.
Please check your bill again. The last US $100 silver certificates were dated 1891, and the last silver certificates of any denomination were dated 1957. Joseph Barr was Treasury Secretary at the end of the Lyndon Johnson Administration so his signature could not be on a bill for either of those dates.
You could be referring to a variety of the 1890 CC Morgan dollar which has a "bar" connecting the wreath to the eagle's tail feathers. This was caused by a damaged die. Another possibility is that you're thinking of BARR dollars, which are $1 bills dated 1963B and signed by Treasury Secretary Joseph Barr. Barr only served for one month so many people erroneously think that very few bills were printed and any you find are valuable. However, so-called "Barr notes" were actually printed for nearly a year and they're quite common - in fact, nearly a half-billion were put into circulation. Please determine which item you're interested in and post a new, separate question.