One Dollar Federal Reserve Note Value Guide

2009 $1 Dollar Bill US Bank Note Year Date Kids Birthday 4828 2008 Fancy Serial# | eBay
One Dollar Federal Reserve Note
Estimated Value
$2 – $10
Period
1963
Origin
United States
Materials
Cotton, linen
Category
Us currency

The 1963 One Dollar Federal Reserve Note is a landmark piece of American currency, representing the first series to include the motto 'IN GOD WE TRUST' on the reverse. This transition from United States Notes to Federal Reserve Notes marked a pivotal shift in the management of the nation's monetary system.

What Is One Dollar Federal Reserve Note Worth?

The typical price range for One Dollar Federal Reserve Note is $2 - $10 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

  • The physical condition of the bill, with uncirculated notes commanding the highest prices up to $10.
  • The presence of unique serial numbers, such as low numbers or 'star' notes.
  • Centering of the print and the crispness of the paper quality.
  • Ink vibrancy and the absence of heavy folds or stains.

How to Identify One Dollar Federal Reserve Note?

  • Check for the 'Series 1963' designation printed on the face of the note.
  • Verify the presence of the motto 'IN GOD WE TRUST' on the reverse side.
  • Locate the 'D' inside the Federal Reserve seal to identify issuance from the Federal Reserve Bank of Cleveland.
  • Confirm the material is the standard United States currency blend of cotton and linen.

History of One Dollar Federal Reserve Note

The one-dollar bill, featuring George Washington, is the most common denomination of US currency. The 1963 series of Federal Reserve Notes marked a significant shift, as it was the first series to feature the motto 'IN GOD WE TRUST' on the reverse side. This addition was mandated by a 1955 law and was gradually incorporated into all US currency. These notes also transitioned from 'United States Note' to 'Federal Reserve Note,' reflecting the changing landscape of currency issuance and management by the Federal Reserve System. The D in the seal indicates it was issued by the Federal Reserve Bank of Cleveland.

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