Could your $20 note secretly be worth $4750? Here's how to spot a rare note!
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We all love a good treasure hunt, don't we? Searching for hidden gems and valuable items can be an enjoyable and even profitable pastime. But did you know one such treasure could be hiding in your wallet?
Yes, you read that correctly! Some rare $20 notes could be worth a staggering $4750. Talk about a windfall!
Perth-based numismatist (a person who studies and collects coins, banknotes, and other forms of currency) Joel Kandiah recently shared a video on his social media account, ‘The History of Money’, revealing the secret to identifying these valuable $20 notes that might be sitting in our wallets, purses, or drawers.
'Here’s a $20 note that can fetch you between $1750 and $4750,' Kandiah said. 'Look for a Fraser/Evans signature combination and a serial number starting with PE 94.'
Kandiah reassured followers that there are 'still a lot' of these rare notes in circulation. 'Happy hunting!' he said, encouraging us to look closer at our money.
Since being posted, Kandiah's video has garnered over 1.3 million views and hundreds of comments from surprised Aussies.
‘Not me instantly checking my wallet…' one person wrote.
'Check your notes, everyone!' another added.
Now you might be wondering: what makes these notes so special? Well, avid money collectors are always looking for banknotes with unique features that make them rare and valuable. The factors determining a banknote's value include the date, condition, serial number, and signature.
In the case of the $20 note highlighted by Kandiah, the Fraser/Evans signature combination and the serial number beginning with PE 94 make these notes highly desirable to collectors, who are willing to pay thousands of dollars more than the face value to add them to their collection.
It's important, however, to note that the condition of the note can significantly influence its worth – a pristine banknote is more valuable than a tattered one.
If this has sparked your interest in numismatics, the study of currency and coins, you're not alone! Many others have taken up the fascinating hobby of money collecting, visiting auctions, antique shops, and coin fairs to look for their next valuable piece.
Next time you come across some loose change or reach into your wallet to pull out a $20 bill, take a moment to examine the signatures and serial numbers on it. Who knows? You might be pleasantly surprised to discover that you're holding a small fortune right in your hands!
We wish you all the best in your treasure hunt, dear members. May we all stumble upon our hidden gems, whether they come in valuable currency or the pure delight of a newfound hobby.
Are you intrigued enough to try coin or note hunting? Or do you have other hobbies you'd like to share with the rest of us? Feel free to comment in the section below; we're eager to hear from you!
Yes, you read that correctly! Some rare $20 notes could be worth a staggering $4750. Talk about a windfall!
Perth-based numismatist (a person who studies and collects coins, banknotes, and other forms of currency) Joel Kandiah recently shared a video on his social media account, ‘The History of Money’, revealing the secret to identifying these valuable $20 notes that might be sitting in our wallets, purses, or drawers.
'Here’s a $20 note that can fetch you between $1750 and $4750,' Kandiah said. 'Look for a Fraser/Evans signature combination and a serial number starting with PE 94.'
Joel Kandiah said Aussies could unknowingly be sitting on a small fortune. Credit: TikTok/thehistoryofmoney.
Kandiah reassured followers that there are 'still a lot' of these rare notes in circulation. 'Happy hunting!' he said, encouraging us to look closer at our money.
Since being posted, Kandiah's video has garnered over 1.3 million views and hundreds of comments from surprised Aussies.
‘Not me instantly checking my wallet…' one person wrote.
'Check your notes, everyone!' another added.
Now you might be wondering: what makes these notes so special? Well, avid money collectors are always looking for banknotes with unique features that make them rare and valuable. The factors determining a banknote's value include the date, condition, serial number, and signature.
In the case of the $20 note highlighted by Kandiah, the Fraser/Evans signature combination and the serial number beginning with PE 94 make these notes highly desirable to collectors, who are willing to pay thousands of dollars more than the face value to add them to their collection.
It's important, however, to note that the condition of the note can significantly influence its worth – a pristine banknote is more valuable than a tattered one.
If this has sparked your interest in numismatics, the study of currency and coins, you're not alone! Many others have taken up the fascinating hobby of money collecting, visiting auctions, antique shops, and coin fairs to look for their next valuable piece.
Next time you come across some loose change or reach into your wallet to pull out a $20 bill, take a moment to examine the signatures and serial numbers on it. Who knows? You might be pleasantly surprised to discover that you're holding a small fortune right in your hands!
We wish you all the best in your treasure hunt, dear members. May we all stumble upon our hidden gems, whether they come in valuable currency or the pure delight of a newfound hobby.
Are you intrigued enough to try coin or note hunting? Or do you have other hobbies you'd like to share with the rest of us? Feel free to comment in the section below; we're eager to hear from you!
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