Man owns $10 silver certificate valued at $500,000
ROYERSFORD, Pa. (AP) - October 24, 2013 (WPVI) -- A suburban Philadelphia man has perhaps the most valuable ten-spot you'll ever see.
Thirty-nine-year-old Billy Baeder, of Royersford, owns a 1933 $10 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 said 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."
Baeder says he's already turned down a $300,000 offer.
pennsylvania news, money, trending
- Lockdown at high school in Bethlehem
- Lots of sun, chilly today
- Get the 6abc StormTracker app
- WATCH: Action News Online
- Mom sought after daughter, 11, shot and killed 41 min ago
- Boy dies after Mayfair drowning incident
- Search for missing teenager in Camden
- Chestnut Hill College student found dead 29 min ago
- DA: Montco man gave alcohol at 'Sweet 16' party 5 min ago
- Minivan, car collide head-on in Paoli 42 min ago
- Violent Chester police confrontation caught on video
- Elderly woman hurt in East Windsor apartment fire
- Made In America Festival in Philly and LA
- Free coffee as Wawa celebrates 50th
Press Your Luck
Most Viewed StoriesMost Viewed Photos