Graceful
Jr. Member
- Jan 1, 2013
- 84
- 9
- Primary Interest:
- All Treasure Hunting
I just got a few of these new $100s! Yay! They look really neat! But now that I have them, I don't think i'll try to resale on ebay or anything.
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How in the WORLD can you get a serial number like 88363087 (Plus and minus) already? They were talking about how some of these will have serial numbers 1, 2, 3, etc. I figure maybe 10,000, but 88 MILLION already?? Makes my hopes of a low serial number feel pretty dashed.
They have actually printed MANY MANY MANY more then 88 million. Because the serial number is 8 digits long, the max amount would be 999999999, but the Bureau of Engraving and Printing does not use serial numbers over 99200000. Even that is not enough though. To explain, I have to go into some detail about the letters that you see in the serial number. (This does not apply to one or two dollar bills)
The first letter in the serial number corresponds to the series of the bill. They started using this first letter to denote what series the bill is from in 1996. All series 1996 bills start with A, the next series, 1999 starts with B. (They only change the series when either of the two signatures on the bill changes, that's why the series year is not a sure way to determine the year the bill was printed in.) For series 2009A, which is the current series for the new $100s, the serial number will always start with the letter L.
The second letter in the serial number corresponds to which Federal Reserve Bank the bill was first issued to.
Here's the breakdown.
A=Boston
B=New York
C=Philadelphia
D=Cleveland
E=Richmond
F=Atlanta
G=Chicago
H=St. Louis
I=Minneapolis
J=Kansas City
K=Dallas
L=San Francisco
The last letter in the serial number is the block letter. This is key for determining how many bills have been printed. Each actual number can actually be used many many times.
For example, lets use one of Omega's serial numbers, LL88363087A. The first letter, L, denotes that this bill is part of series 2009A. The second letter, L, denotes that this bill was first issued to the Federal Reserve Bank of San Francisco. The last letter, A, denotes that this bill was part of the "A" block. Now that you know what all the letters in the serial mean, you should have an easier time undesrtaning what I explain next.
The number in Omega's serial number, 88363087, can actually be used lots of times. For example, there is a bill with that same number, that is part of San Francisco's "B" block. That bill would have a serial number of LL88363087B, there is also a bill with that same serial number for every other Federal Reserve Bank. That means that LA88363087A, LB88363087A, LC88363087A, LD88363087A, LE88363087A, LF88363087A, LG88363087A, LH88363087A, LI88363087A, LJ88363087A, LK88363087A, as well as Omega's bill, LL88363087A all exist. They are all out there, somewhere.
Now we get into block letters. Not all districts get the same number of block letters, because all of the districts have different needs for the amount of currency they require. The New York and San Francisco districts usually get the most bills printed. But, the San Francisco district is currently up to block letter E on the new hundreds. That means that a bill with the same exact digits in the serial number as Omega's bill, LL88363087A, exists with LL88363087B, LL88363087C, LL88363087D, and LL88363087E. The New York district is currently at block letter K. That means that LB88363087A, LB88363087B, LB88363087C, LB88363087D, LB88363087E, LB88363087F, LB88363087G, LB88363087H, LB88363087I, LB88363087J , and LB88363087K all exist.
Now to the topic of low serial numbers. Each block starts off at 00000001, and there are many blocks printed, also, there are twelve federal reserve districts, all of which use the same block letters, the way the bills are differentiated is the second letter of the bill, which denotes which federal reserve district the bill was issued to. So there will actually be lots of new hundreds printed with the number in the serial number showing up as 00000001, but the letters before and after the number will be different.
The website where I have found out all of this information is USPaperMoney.Info: Series 2009A $100 This website shows all the blocks of bills that have been printed, and the months they were printed. (Using public information from the Bureau of Engraving and Printing, available here: U.S. Bureau of Engraving and Printing - Monthly Production Reports)
So, I can now calculate the number of bills with the serial number 00000001 for you. Looking at the production tables, I can bring you this information.
A district is up to block B=2 Blocks
B district is up to block K=11 Blocks
C district is up to block B=2 Blocks
D district is up to block D=4 Blocks
E district is up to block C=3 Blocks
F district is up to block H=8 Blocks
G district is up to block C=3 Blocks
H district is up to block C=3 Blocks
I district is up to block A=1 Block
J district is up to block B=2 Blocks
K district is up to block C=3 Blocks
L district is up to block E=5 Blocks
Now for the final answer, how many new hundred dollar bills have been printed with the serial number 00000001. We add up the total number of blocks that have been printed and we get 47. That means that there currently, as of September 2013 are a total of 47 new hundred dollar bills with the serial number L[Fed District]00000001[Block Letter]. And there are also currently 47 bills with Omega's serial, 88363087.
To anyone that has actually read the whole thing, I hope you have learned something about how our money is serial numbere'd (is that a even a word? lol.) And if you have any questions or need clarification, feel free to ask.
Omega - in what packaging do you plan to ship the $100 bills? And did you add tracking, signature, or anything extra for shipping.
Got my first handful today- ill throw them up on the local classifieds and see if I get any bites for $115 each or $150 for all 4
if not then they go back into circulation
Not going to tie up my crh funds for too long
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just keep stacking, just keep stacking, stacking stacking stacking
I'll give you 150 for all 4 o.O
Iamrussell, let us know if yours sell locally! I'm wondering if local people would buy them in a place that local banks already have them....unless the people did not know about the banks!