US Banknotes

As of 02/2012 it's only worth face value if it has any wear. A crisp uncirculated one might retail for all of $22. Most dealers have all they need and won't pay extra.

No, there were no $10,000 silver certificates Moreover, silver certificates were never issued by the Federal Reserve System. They were issued directly by the US Treasury.

The banner across its top and the blue seal indicate it's a silver certificate, a form of paper money that was discontinued in the 1960s.

Please see the question "What is the value of a 1935 D US 1 dollar silver certificate?" for detailed information.

The reverse-side image on US $2 bills was changed in 1976, which means your bill is a current-series Federal Reserve Note. In circulated condition it has no added value. A nice uncirculated one might retail for all of $3 to $4.

it's pretty rare and some collectors will pay you good money for it ;)

The bank

Please post a new, separate question with the bill's denomination. 1934 A FRN's were printed in over half a dozen different denominations.

Please check again and post a new question. There are no US $5 bills with that date

1985 bills don't have security strips. They were first used in 1990.

Average Bill Value = Total Sale / Number of Bills

Security strips were introduced along with the 1990 redesign.

About the only significant anti-counterfeiting feature in a 1950 bill would be tiny blue and red fibers embedded in its paper. There are no watermarks, microprinting, or yellow "20" overprints as there are on modern bills.

Your bill was actually printed in Washington for use in Hawaii during WWII. Please see the question "What is the value of a 1934 US 5 dollar bill with HAWAII on it?" for much more information.

worthless site wastes time

It will have the date "1950" at roughly the 5:00 position of Hamilton's portrait.

No, the highest denomination the US printed was a $100,000 bill, for use only between Federal Reserve Banks. Currently the largest bill in circulation is the $10,000 bill, all of which are in the hands of collectors.

There are several reasons, some good, some not so good.

First, the US has a large and dynamic economy. High levels of economic activity produce many transactions using electronic payment methods, checks, and currency. The volume of electronic transactions is essentially invisible to the ordinary consumer, and checks usually disappear into a single slot or even under the cash drawer in a register, while bill usage is pretty obvious to anyone standing in line in a store, at an ATM, etc.

Second, that "obviousness" of cash makes it helpful for some people to budget their spending. It's all too easy to add extra dollars here and there on a credit-card balance and checkbooks have to be reconciled. However if a person starts each week/month/etc. with a fixed amount of cash in hand they can be absolutely certain at any point how much they've spent and how much remains.

Third, some people use cash because it's relatively anonymous. They're concerned about the ability of both financial institutions and the government to track other forms of payment and don't wish to have their spending habits profiled.

Finally, the most unusual reason that the US prints so much paper money is that, unlike nearly every other major industrialized country, its banknote denominations haven't been revised in nearly three-quarters of a century. Those countries have all replaced their low-denomination bills with coins, but for political reasons the US both continues to print $1 bills and does not have a widely-circulated $2 denomination. As a result enormous numbers of $1 bills are needed for making change, to the point where they account for almost half of all bills printed each year.

It's in roughly the same place where the date would be on a modern dollar bill

Fairly valuable if in uncirculated condition.

Send a scan, I appraise for free: support@papermoneysite.us and will buy notes too.

There are a few things to consider:

1. Signatures on the bill

2. Condition of the bill

3. Bill sub-variety (meaning there are various varieties of 1862 $1 bills)

Send a scan, I appraise for free: support@papermoneysite.us and will buy notes too.

The value of a Henry Morgenthau Jr Silver Certificate depends on its condition, rarity, and demand among collectors. Generally, these certificates can fetch anywhere from a few dollars to several hundred dollars at auction or through currency dealers. It is recommended to have the certificate appraised by a professional to determine its exact value.