US Banknotes

There is no such thing as a "24K silver certificate" instead what you have most likely is a genuine US silver certificate that has been layered with a tiny amount of 24K gold.

These bills are merely novelties and are not seriously collected by currency collectors (instead collectors view these bills as damaged). I'd say it might be worth about $2-3 as a curiosity.

Ulysses S. Grant is on the $50 dollar bill. This bill weighs about 1 gram, has an identifying watermark, and is printed on cotton and linen. It was first printed in 1861.

Two things. First, the U.S. has never printed a $1 million dollar bill, ever. Second, no genuine U.S. currency is printed in China.

1966, but they were reintroduced ten years later. They're still printed today, but in much smaller numbers than other denominations.

There is no mint mark on currency because paper money isn't printed at the U.S. Mint. It's printed by the Bureau of Engraving and Printing, either in Washington DC or Fort Worth, TX. The Fort Worth facility opened in 1991, so anything before that was printed in DC. For modern bills, to determine where they were printed, look near the edge for a small letter and number, such as FW E 228 or G 78. These numbers indicate the plate position of the bill during printing. If it has the FW, it means Fort Worth.

Condition is everything when it comes to bills.

If your bill is wrinkled, torn or has a large crease, it is likely to just be worth face value. On the other hand crisp, uncirculated bills do have a modest premium over face value ranging from $30-40 or so.

No. Security strips weren't introduced until 1991.

That's called a star note. The star at the end of the serial number indicates that the original bill was damaged during printing and was then replaced.

It depends on how dramatic the error is. For minor errors, they might add next to no value, but for dramatic off center errors they might be worth much much more. If all of the bill is still readable, its likely to not increase the value a whole lot but if part of the bill is missing, the values increase. Have it checked out by a coin dealer if you think it might be valuable and he should be able to estimate a value if he sees it in person.

Treasury bills are a low-risk investment. Like any good investment, the investor receives more money than was initially spent. Treasury bills offer meager profit compared to other investments, but are very low-risk. They also mature (pay out) quickly, so the investor's money is not locked away for too long.

To find the date on a red seal two-dollar bill, look at the front of the bill, specifically on the right side, near the portrait of Thomas Jefferson. The date is printed in small text, typically below the series designation, which indicates the year the bill was issued. Red seal two-dollar bills were primarily issued in 1928, 1953, and 1963. If you see a red seal and a date from those years, you have identified its issuance year.

It's still worth exactly $50.

The last year that they printed any high denomination currency was in 1945 (with the series of 1934). They started being actively removed from circulation starting in 1969 (although in practice most had vanished earlier) and today they are worth more than face to collectors of currency (especially the 10,000 bill!)

A person can exchange their old dollar bills at their local baking establishment. They may also exchange the bills for cash through a collector or dealer.

$100 bills were printed regularly throughout the decade, but because US bills carry a series date rather than a printing date it's very difficult to tell the exact year when a specific bill was printed. The 1928A series continued until 1934 when a new series was introduced. The 1934 series was printed until 1950.

There were no ten dollar bills issued in the year 1935. If one is presented with one, it will be counterfeit and therefore has little to no value at all.

The general nickname is "greenbacks" because green ink is used for most of the image on each denomination's reverse side.

In common speech, most individual denominations are simply referred to by their value - a one, a five, a ten, etc. Nicknames for specific denominations aren't commonly used, with one exception - the $100 bill is often called a "Benjamin" because it carries a picture of statesman, inventor, and Founding Father Benjamin Franklin.

These other nicknames exist but most are very old-fashioned and are rarely used:

$2: deuce

$5: fin

$10: sawbuck (from a very old design with the Roman numeral X, resembling a crossbuck)

$100: C-note (again, from a Roman numeral)

No. The U.S. has never printed a $1,000,000 bill. Any you might find are simply novelties.

The largest U.S. bill ever printed was a $100,000 gold certificate, and it was never put into general circulation.

It will still be worth at least two dollars. While they aren't printed in the same numbers as other denominations, they also aren't rare enough to have additional value.

Both the $1 and $2 bill lack security features such as watermarks and threads because the denominations are so low that counterfeiting isn't a concern. No one prints fake $1 bills.

A standard currency bundle larger than $1.00 bills contains 100 bills.

Uncommon, yes. Rare, no. About 134.4 million Series 2009 bills have been printed so far which by itself is a large number, but that's still only about 1% of all denominations.

The US only 42,000 $100,000 for internal government use. They were never circulated and it's illegal to own one privately, so it's impossible to determine a collector value. All but a couple of them were later destroyed. One sample is in the Smithsonian.

OTOH, the bills were gold certificates so in purchasing power they would be worth ~4.6 million dollars if converted to gold in 1934 and sold at today's gold price.

4654830.1329394387$ = (100,000$ / 33.85$ (1934 gold price)) = 2954.20974 oz * 1575.73$ (current gold price 17 may 2012)