Is it a counterfeit?

I have seen a bill with serial number 99999999 on Youtube. It's a series 2003A $1 bill. I don't understand why its serial number can reach 99999999. According to BEP's website, let take the series 2003A $1 bill as example, serial numbers above 96000000 are not used. Is it possible that this bill comes from the uncut sheet? If it is the case, this 99999999 note, is it as valuable as those solid 9's appearing on some old notes?

 

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@SteveInTampa You are the resident expert IMO. It is an interesting note. What say you?

 

I have no idea since I am not very experienced in bills, but I am putting my comment here to hear what others say. Interesting topic.

 

Just above chart it say, uncut sheets with higher serials were released for this series.
http://www.uspapermoney.info/serials/f2003as.html

 

I wanna know too!

 

I'm onboard too.

 

Welcome to Coin Talk. Interesting post. I have no info, just following this thread.

 

Definitely from a sheet. It sold a couple of years ago in 2018 for $12K. Awesome note and definitely not a counterfeit.

 

Thanks @SteveInTampa Now I can go to bed. Night all.

 

Thank you for your information.

 

Neat!

I think that if I had that uncut sheet I would have kept it intact, but that's just me.

 

If this bill was cut from a sheet, does that somehow affect its value? It was not issued from the BEP that way! Has it been “altered”?

 

Good question! I also want to know.

 

I believe I would do the same way.

 

A lot of notes are cut from collector sheets with no penalty whatsoever. If the BEP prints them, and they’re legal tender, game on. All of the series 2004A $10 Atlanta stars that you see as individual notes were cut from collector sheets. 100% of them.

 

Those higher numbers are reserved for the BEP uncut sheets. It makes the bill easily identifiable. Yes it's real.

 

Welcome to CT you lucky devil...

 

You have to do your homework though. Times are a changing down at the BEP. The new $1 50-subject collector sheets can be random serial numbers, as seen on this chart.

 

You need a steady hand and good eye in the cutter. Obviously it was downgraded due to margin alignment.

 

I am surprised that cutting it would not result in any "details" grade if there is an equivalent in bills. Wouldn't that sheet be much more valuable left in-tact with many high serial bills? To me, cutting out a bill sounds like removing a mintmark, or peeling off a retained lamination, clamshell lamination, or breaking a cracked planchet to make a "mated pair." But, I'm not the expert, so maybe it's acceptable despite the anthropogenic interference!

Well that's really interesting. Can you find them in circulation sometimes? Bills cut out of sheets kind of sound like the paper money equivalent of proof coins in circulation. Interesting.