Expert: Brad Swain - 6/7/2010

Question
My grandmother left me an ungraded $500.00 richmond dollor bill. I was woundering if you could tell me what its worth. THANKS

Answer
Hi Dave, Collector value of a note depends on date, denomination (face value), series letter or signature and condition, including amount of wear, any folds, tears or stains as well as collector demand.
It may be worth $600-$650 with wear to maybe $800 if uncirculated (no wear).
You might take it by a local coin shop for a first hand opinion: http://find.mapmuse.com/interest/coin_dealers .
U.S. small size paper money values can be found here:
http://coinsite.com/html/uspapermoneyprices(sm).asp
and
http://www.bestcoin.com/U-S-Currency-FAQ-Values.htm
Brad