Man’s silver note valued at $500K
ROYERSFORD, Pa. (AP) — A suburban Philadelphia man has perhaps the most valuable ten-spot you’ll ever see.
Thirty-nine-year-old Billy Baeder, of Royersford, owns a 1933 $10 silver certificate that an auctioneer says is worth at least a half-million dollars.
The bill bears an unusual inscription, “Payable in silver coin to bearer on demand,” and has the serial number “A00000001A.” It is perhaps the most valuable bill printed since 1929, when bills were shrunk to their current size.
Baeder said his late father, also a collector, bought the bill two dozen years ago for about the price of a compact car.
Matthew Quinn, assistant director of currency for auction house Stack’s Bowers, says the bill “would easily be worth about $500,000 and up.”
Baeder says he’s already turned down a $300,000 offer.
Rules for posting comments
Comments posted below are from readers. In no way do they represent the view of Oahu Publishing Inc. or this newspaper. This is a public forum.
Comments may be monitored for inappropriate content but the newspaper is under no obligation to do so. Comment posters are solely responsible under the Communications Decency Act for comments posted on this Web site. Oahu Publishing Inc. is not liable for messages from third parties.
IP and email addresses of persons who post are not treated as confidential records and will be disclosed in response to valid legal process.
Do not post:
- Potentially libelous statements or damaging innuendo.
- Obscene, explicit, or racist language.
- Copyrighted materials of any sort without the express permission of the copyright holder.
- Personal attacks, insults or threats.
- The use of another person's real name to disguise your identity.
- Comments unrelated to the story.
If you believe that a commenter has not followed these guidelines, please click the FLAG icon below the comment.