![]() Here’s what you should look at when evaluating a $100 bill: Evaluating $100 BillsĮven if you don’t plan to become a grading expert, it is imperative to know how to properly evaluate a $100 bill for its value as a collectible. Bigger denominations, such as the $500 and $1,000 bills, were discontinued in 1969 due to lack of use. That alone shows the potential for collecting vintage currency to hold its worth over time.įun fact: The $100 bill is the largest denomination currently in circulation. If you adjust the value for inflation, a $100 bill released in 1913 would be worth $$2,998.06 today, as the cumulative inflation rate has grown to 2898.1% since then. The two bills hold the same nominal value, but large size notes may hold more value for collectors due to their rarity. Large size notes have been printed from 1862 to 1928, while small size notes were printed from 1928 until present day. ![]() One interesting thing to note is that the $100 bill comes in two sizes: large and small. The most recent design was unveiled in 2013, featuring a portrait of Benjamin Franklin and updated security features. The reason for this switch was to reduce printing costs and make the bills easier to handle. In 1928, a small size note was introduced, which is still in circulation today. ![]() The note featured a portrait of Benjamin Franklin on the front and Independence Hall on the back. Here are some of the most notable ones:ġ914 was the year that saw the first $100 printed by the Federal Reserve. The $100 bill has undergone a few design changes over the years. Over the years, various amendments were made to the design – including adding security measures such as a watermark and color-shifting ink. It featured a portrait of General Winfield Scott on the front and an image of the United States Capitol building on the back. The first version of the $100 bill was issued in 1862, during the Civil War. We will also see some examples of bills that fetched a high price in recent auctions. In this article, you are going to learn about the history of the $100 bill, and learn how to best evaluate one. Unlike smaller bills, $100 bills are not frequently used in everyday transactions, leading to a decrease in circulation and therefore an increase in value for collectors. Additionally, certain years or editions may hold historical significance for collectors. The rarity of these features drives up the value of the bill. These vintage $100 bills can be worth significantly more than face value, and their value only increases as they age.Ĭollectors seek out specific serial numbers, unique markings, and even mistakes made during printing. You shouldn’t think of these bills as money, but as collectible items. There is an entire world, however, that values and collects old currency for its unique history and rarity. Inflation does make us realize that money’s value goes beyond what’s written on the bill, but usually we don’t inquire much further. We operate under the assumption that $1 = $1. We don’t stop to think about the real value of money in our daily lives.
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