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Man owns $10 silver certificate valued at $500,000

October 23, 2013

ROYERSFORD, Pennsylvania (AP) — A U.S. man has perhaps the most valuable $10 certificate you’ll ever see.

Billy Baeder owns the 1933 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 told Philly.com that 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.”