Here's a $1 bill that might actually be worth thousands of dollars

It’s hard to imagine that the money we are carrying in our wallet might be worth more than what is printed on the bill. But it may be true if any of those bills have a specific eight-digit serial number on them.

According to The Penny Hoarder, collectors are willing to pay big bucks to anyone who possesses a bill with a unique serial number. Owners of those bills are more likely to make a big profit off a $1 bill with an unusual serial number on it.

That’s why there are many bills in circulation that could actually be worth a lot more than the face value of those bills.

To figure out whether or not one’s bill is one of these prized and much-sought-after bills, one can simply check the serial number on the bill. There is a long list of sought-after $1 notes on CoolSerialNumers.com.

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The elaborative list presents all kinds of notes with different types of serial numbers for which the currency collectors are willing to pay a large sum of money. The fans of collecting can also get in touch with one another through the site.

The website has over 90 unique combinations of serial numbers that interest collectors. Usually, collectors are willing to possess a bill with an unusual number pattern or a specific sequence.

One of the serial numbers with the highest worth is seven repeating digits in a row including 17777777 or 65555555 on $1 Federal Reserve notes.

Seven numbers of the same kind, regardless of their order, also has a high value listed on the website. The unique pattern could also be super repeaters on $1 notes such as 898989898 or any other variation of the similar kind.

Radar numbers are another favorite sequence of the collectors and, naturally, boasts a high value. These are normally the numerical variations of a palindrome, words that read the same backward and forwards. A serial such as 02233220 is a radar number as it reads the same way from either side.

Then there are super radar numbers that contain the same interior six digits such as 10000001 or 01111110.

Another sequence is ladder numbers, in which every number is either lower or higher than the previous digit. Examples include 12345678 or 98765432.

Double-quad numbers are also a high-paying sequence. Under this pattern, four repeating numbers are followed by another set of four repeating digits. Examples include 44440000 or 11110000.

CoolSerialNumbers.com was brought to life by Nashville-based musician and currency collector, Dave Undis, by bringing together like-minded people who share a passion for collecting currencies.

Meanwhile, the website mentioned that previously a $1 bill with the serial number 00000002 was listed for $2,500. Another $5 bill went for $13,000.

Here is another report about the old coins that may be lying around in your wallet without much use, but if you have the right penny, it may bring you fortunes.