Michael O. writes:Â I have a 1963 1 dollar bill, what is it worth?
The 1963 Federal Reserve note is the the first year of the small size one dollar Federal Reserve notes. U.S. Currency is not dated like coins. A series will be printed regardless of series date until the signatories change or the there is a change in design. When a new Treasurer or Secretary is appointed the series takes on a letter next to the date. For example the 1963 one dollar FRN has the signature combination of Granahan-Dillon. The 1963A series shows Granahan-Fowler and the 1963B series shows Granahan-Barr. In 1969 the wording in the Green Treasury seal was changed from Latin to English prompting a new series date.
The value of any collectible paper money depends on the criteria that the market dictates. For example, for some series, there may be large numbers of notes that are in heavily circulated condition but only a small number remaining in crisp new condition. Since collectors value quality, the fewer crisp notes may be scarce enough to drive up the price. Though modern notes are mostly face value, they are a good place to start a collection. Attrition alone will almost guarantee that someday a future collector will pay a premium for today’s notes.
