Low Serial Numbers
Discover why the lowest-numbered bills are among the most sought-after by collectors.
Low serial numbers are notes numbered from 00000001 through 00001000 (and some collectors extend this to 00010000). These notes are highly sought because they were printed first in each production run and represent the beginning of a series.
The Prestige of Low Numbers
Low serials appeal to collectors for several psychological and practical reasons:
- First-in-run status – These notes were literally the first printed in a new series or district run
- Historical significance – Lowest numbers connect to production history
- Bragging rights – Owning a single-digit or double-digit note is a badge of honor in collecting circles
- Natural rarity – Only 1,000 low serials exist per denomination per series year per district per suffix combination
Tiered Rarity Within Low Serials
Not all low serials are equally valuable. The lower the number, the rarer and more valuable it is:
00000001– The absolute holy grail; theoretically one exists per denomination per series per district per suffix. Asking prices can exceed $10,000.00000002through00000009– Extremely rare, worth $1,000-$5,000+ each00000010through00000099– Very rare, worth $500-$2,00000000100through00001000– Rare but more accessible, worth $50-$500
Finding Low Serials in Circulation
The primary challenge in collecting low serials is that they were among the first notes printed decades ago. Most are not in circulation anymore—they've been spent, lost, damaged, or preserved in collections. Serious low serial collectors:
- Check all currency they receive in change (unlikely but possible)
- Purchase from specialized currency dealers
- Participate in auction houses like Heritage Auctions or Stack's Bowers
- Attend currency shows and conventions
Condition Premium
Condition dramatically affects the value of low serials. A circulated 00000001 $1 bill might be worth $2,000-$4,000, while the same note in uncirculated condition could be worth $10,000 or more. Professionally graded, uncirculated single-digits from desirable years can exceed $15,000.
Print Year Significance
Low serials from certain years command higher premiums. Older series (pre-1990) are valued more highly because fewer survive in decent condition. Low serials from recent print years are more available but still carry significant premiums.
Ready to put this to use?
Bill Bounty hunts involve real circulating U.S. currency. Apply what you've learned to spot target bills in the wild.
More in Fancy Serial Numbers
Fancy Serial Numbers Overview
Introduction to the collector hobby of seeking notes with interesting and rare serial number patterns.
Radar Notes
Explore palindromic serial numbers that read the same forwards and backwards.
Repeater Notes
Learn about notes where the first four digits repeat as the last four digits.