$500 bill

Not on a $500. A serial starting with 000xxxxx isn't very impressive when the printing only got up to 001xxxxx.

(Okay, some other districts actually reached 005xxxxx. But still, when there are well under a million notes printed, and they're pricey to begin with because of the high face value, it takes a *really* low number to be worth any premium as a low number. Even five zeroes might not do it.)

 

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Do they still print 2$ bills

 

Yes. The latest $2’s printed were in November 2018.
The BEP hasn’t announced monthly production figures since January 2019....so theoretically more could have been printed since then.

 

Yes they do.

 

Thank you.

 

There is a very good chance it is a true story. When I buy collections I often hear the seller say "should I just take these to the bank and deposit them"...

 

It's not a radar because it's not the same on each end.
It's not a repeater because the numbers don't repeat properly.
It's not a flip because the 2 won't flip.
It's not a low serial number because as others have pointed out, the three zeros are not low enough.
It might be considered a Birthday Note because of 01-12-99.

Any other thoughts or considerations?

Here's the link for the full list :
CoolSerialNumbers.com - Fancy Serial Numbers