What exactly IS a Low Serial Number?

Discussion in 'Paper Money' started by killswitch95, Mar 1, 2022.

  1. killswitch95

    killswitch95 Member

    As the title asks, because I'm getting various responses from around the way, things such as "You need 5-6 0's in front of the number" or "Anything under A00010000A" or "If it's under 4000 it's from the first printed block, and therefore low"

    I ask because I've got two things, a 2017A $20 with PE00006307B

    And just today at work counting the $500 in 1's from Loomis for our store change, I buy this out the lot:

    [​IMG]

    Is it considered a Low Serial? Is the $20 even considered as well? Either way finding notes with 4 forward 0's for me is very rare so I'm keeping it, but I'd just like to know...
     
    Pennybaby75 likes this.
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  3. Oldhoopster

    Oldhoopster Member of the ANA since 1982

    Simple answer is a low serial number is one that a collector is willing to buy at a premium. Historically, this has been 5 leading zeros. Sometimes, you can get lucky on ebay and somebody may bid a few bucks on 4 leading zeros, but that's more of an exception.

    Nothing wrong with saving the dollar you posted. I would. However, I would be hesitant to save higher denominations with 4 zeros. Not worth tying up the funds IMO
     
    Mountain Man and SteveInTampa like this.
  4. Collecting Nut

    Collecting Nut Borderline Hoarder

    The majority of collectors of these types consider a serial number to be low if there are 5 leading zeros. The lower, the better. Your bill is a little bit high but given the condition I’d keep it.
     
  5. SteveInTampa

    SteveInTampa Always Learning

  6. Notaphylic_C

    Notaphylic_C Well-Known Member

    I would go with Steve's answer.

    Other serial numbers you mentioned (like 00001000, 00002000, or 00010000, 00020000) are thousand & ten thousand # notes (respectively) & would definitely demand a premium (but they're not technically considered low #).
     
  7. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    I agree with @SteveInTampa with <999.
    Some serious note collectors won't touch it unless it's below 6 leading zeros, <99.
     
  8. Mountain Man

    Mountain Man Well-Known Member

    If you like it (I do too) then keep it, that's what collecting is about and it's only a dollar.
     
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