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Sell and Find the Value of your US Old Paper Notes
Wondering if you can sell old banknotes or paper money for top dollars today?
It sounds strange, sell old US dollars to get new US dollars. But, this is perfectly normal in the old money collectible market.
This is an opportunity for you to make extra money with your old bank paper notes, once you find out who buys old money.
Printed paper money goes thru design and time changes. The colors, denominations, serial features and now digital currency too.
The money that gets cut out of circulation often is bought and sold in the collectible market.
Antique paper money and notes have been collected for hobby or as investment since the beginning of money.
For this reason you can sell old paper notes, bank notes and silver certificates to convert them into todays’ new money.
There is still a lot of old paper money and banknotes circulating, enough that there is a large secondary market for them.
If you have some of this antique and rare money or an entire collection, you may be asking yourself where can you sell it. And, for how much?
These are some types of old and rare paper money in collections.
- Old US dollar Bills
- Low serial numbers
- Old $2 Dollar Bills
- Old US 100 Dollar Bills
- Old paper notes and currency
- Obsolete Currency
- Large Size Notes
- Errors Currency
- Small Size Notes
These are some of the specific high valued old currency;
- 2006 misprint dollar bill
- Solid serial number bills: valued up to $4,500
- Low serial number bills: valued up to $15,000
- 1933 $10 silver certificate bill: up to $70,500
- 2004 Del Monte $20 bill estimated at $396,000
In this post you’ll find out where to sell old bank notes and paper money. Also, ways to estimate their value before releasing them for sale.
Where to sell old paper money?
Find the Old currency Features and Value
New paper currency is mostly worth the face value printed on them. However, older paper currency are highly collectible and generally will be valued higher than face value when in good condition.
This premium (collectible value-face value) is the old currency’s appreciation due to time, rarity and other unique features.
Before embarking on selling your rare money, find out the features to find out its value.
Things like year of print, color, face value, condition and serial number are unique traits to consider.
Find out your old currency features to describe it for sale and to get estimate value.
For example, here are some description of vintage and rare paper notes you may find useful;
- 1890 Grand Watermelon Bill
- US Paper Currency 1928 $2 Red Seal Bills $2 Dollar Notes Red Seal Old US Paper
- $10 1934 “STAR” $10 “STAR” (SILVER CERTIFICATE) Good
- 1934 UNITED STATES PAPER MONEY – 100 Dollars Banknotes
Describing your collectible money in this way you can start to ask for estimated value.
You can also use a Banknote serial number checkers or Star note value checker to get a preliminary estimate. Banknotesserialchecker.com is one of them.
Use the American Numismatic Association (ANA) Website
The American Numismatic Association is an organization devoted to educating people to study and to collect coins and old currency money.
The Association serves collectors and the general public with an interest in the study of old money.
The ANA maintains a database of authorized dealers in antique and old paper money.
This organization also organizes exhibitions for vintage and old collections of coins, old banknotes and paper currency.
You can search for antique money dealers near you in the money.org website, which is the ANA site.
Locate a paper currency dealer and arrange a physical visit for an appraisal or get an estimate thru the internet.
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Check Out eBay to Sell Old Paper Currency
You can sell your old paper notes and currency auction style on eBay. Selling old paper money on eBay requires that you open a seller account.
Check out the rules and fees that apply for selling old money and coins on the platform.
Before putting your rare paper notes or old paper money for sale estimate its value.
Do some research on eBay to see what others similar notes are selling for. Also, visit Etsy and local dealers to estimate your old paper currency value.
Some online old money dealers provide estimates. You can contact some of these and follow their procedures, usually you can get an estimate by sending a picture of the old paper notes or bank note.
Once you decide to sell your vintage or old money on eBay, take pictures, write a description and set a starting auction price.
Try Popular Online Coins and Currency Auctions
There are a few large and popular online auctions to sell or consign old and rare currency.
Contact some of these Auctions to appraise and possibly sell your US paper currency.
Heritage Auctions, Great Collections and Stacks Bowers are examples of these auction houses.
Try Selling Old Money on Etsy
Etsy is well-known for the sale of craft and handmade items, but there are some collectibles sold on this platform too. Old paper money are sold on Etsy for their collectible or investment value.
If you think you have a highly desirable old bank notes or other rare money, Etsy may not be the best place to sell it. So, find out what you have before placing it for sale there.
Collectible money of lower price and value are sold on Etsy at a fixed priced, not auction style.
Just like on eBay, you need to set up a shop on Etsy. Take pictures and price your items for sale.
Participate in Conventions and Exhibitions
Conventions sponsored by the ANA and by local dealers can be a source for selling your old currency and networking with other collectors.
At conventions you can visit various booths to get an estimate sale value for your old paper currency.
Use the ANA website to find out conventions dates or search for local old money conventions and exhibits.
You may be in the hobby of collecting old money or may just have come into one of these by chance. If you want to cash out your old money, these are some of the places to start looking into.
You can start on the internet right from your home to find out if you really want to sell your old paper currency and to who.
Selling over the internet you should always insure the value of your items before shipping.