Investing in historic banknotes can be a rewarding venture, combining historical significance with potential financial gain. Here are ten notable historic banknotes that collectors might consider adding:
1. 1891 $1,000 Treasury Note (“Grand Watermelon”) – United States
This note is renowned for its large, ornate zeroes on the reverse, earning it the nickname “Grand Watermelon.” Issued during the 1890s, it’s one of the most valuable pieces of U.S. paper currency. Only a few are known to exist, and those in good condition can command millions at auction. CGAA+1Investopedia+1Investopedia
2. Ming Dynasty Banknote – China (circa 1350)
Dating back to the 14th century, this banknote from the Ming Dynasty is among the oldest known. Its rarity and age make it a prized possession for collectors. One such note was sold for over $35,000 at auction. Banknote World
3. Series 1896 $1 Silver Certificate – United States
Known as the “Educational Series,” this note features allegorical representations of History and Science. Its unique design and limited print run make it highly sought after. In pristine condition, it can fetch several thousand dollars. Investopedia
4. 1935 £1 Banknote – United Kingdom (White £1 Note)
This note is the last £1 bill issued before the UK adopted the £1 coin. Its historical significance and limited availability contribute to its value. Collectors often seek notes in excellent condition.
5. 1948 £5 Banknote – United Kingdom (First Post-War Issue)
Issued shortly after World War II, this note features a portrait of King George VI. Its rarity and historical context make it a valuable collector’s item. Well-preserved notes can command high prices.
6. 1928 $500 Bill – United States
Featuring a portrait of President William McKinley, this note was discontinued in 1969. Its scarcity and the high denomination contribute to its value. Collectors prize notes in good condition.Noteshobby
7. 1918 $500 Treasury Note – United States
This note features a portrait of President William McKinley and was issued during World War I. Its high denomination and limited circulation make it a valuable collector’s item.
8. 1928 $1,000 Bill – United States
Featuring a portrait of President Grover Cleveland, this note was discontinued in 1969. Its rarity and high denomination contribute to its value. Collectors often seek notes in excellent condition.
9. 1907 $10,000 Bill – United States
Featuring a portrait of Salmon P. Chase, this note was used for large transactions between banks. Its rarity and high denomination make it a prized possession for collectors.CGAA+1Banknote World+1
10. 1954 $100,000 Bill – United States
Featuring a portrait of Woodrow Wilson, this note was used only for transactions between Federal Reserve Banks. Its rarity and historical significance make it a valuable collector’s item.