The name of the bill comes from the design and denomination of the bill. But don’t mistake the funny name for something that isn’t a serious collector’s item. Now, I know, how can you take a banknote known as the grand watermelon seriously. The only other banknote to sell higher than this is the one listed at No. This banknote previously held the record of highest value sold at auction when it was sold at $2.5 million. This banknote, like the gold certificate listed above is another one of the lottery level rarities in banknote collecting since only two are known to exist and the last time one came up for auction was in 1944. Not surprising since the only other known to exist is in the Federal Reserve exhibit in the Smithsonian. After going to auction, this certificate sold for $2.7 million. Crazy how these bills survived 130 years in mint condition stuffed at the back of a cash drawer. The note was discovered after the execution of a turn of the century banker’s will which lead to the discovery of the near mint collection of bank notes, with notes (including this one) dating back to the civil war. This banknote was one of the first banknotes printed in the US and was part of one of the craziest discoveries of old banknotes that I’ve heard of. Not too bad of a return for a bill that was technically illegal to own until the 1970s. The most recent one that came up for auction sold for over $120,000. Only a dozen of the $50 gold certificates survived in collector’s hands after FDR’s famous gold recall in 1933. This gold certificate holds almost the same mythical collecting status as the Saint Gauden’s Double Eagle. However, depending on serial number and date issued, they can go for almost ten times the face value of the bill! No.4 – 1928 $50 Gold Certificate 150 copies of this bill are known to still exist. Valued at a cool $7,000 on the episode, the reason why this rarity was valued so low is because there are so many of them known to still exist in comparison to the others on this list. The first banknote on our list made it’s acting debut on an episode of Pawn Stars. 5 – 1918 Alexander Hamilton $1000 Banknote These are the MVPs of collectible bank notes, and some versions of them are even sitting in museums. While we’ve talked about some of the most valuable coins and some of the most sought after pennies, one thing that hasn’t crossed our blog yet, is what are the top 5 most valuable US bank notes.
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