Introduction
Twenty dollar bills issued in 1985 hold a special place in the world of currency collection, with some variants commanding significant premiums over their face value. This comprehensive guide will delve into the fascinating history, rarity, and value of these iconic notes.
Historical Background
The 1985 twenty dollar bill was part of the Series 1985, which introduced a host of new security features to combat counterfeiting. These included the inclusion of a security thread, microprinting, and a watermark of Thomas Jefferson.
Rarity and Value
The rarity and value of 1985 twenty dollar bills depend on several factors, including:
- Series: Series 1985 bills with the prefix “A” or “B” are considered more common than those with prefixes “C” or “D.”
- Condition: Uncirculated or near-uncirculated bills are more valuable than worn or damaged ones.
- Errors: Misprints and other errors can increase the value of a bill significantly.
Key Rarities and Values
The following table lists some of the most valuable 1985 twenty dollar bills, along with their estimated values according to the Numismatic Guaranty Corporation (NGC):
| Grade | Prefix | Estimated Value |
|---|---|---|
| MS 65 | B | $375 – $550 |
| MS 65 | D | $475 – $700 |
| MS 66 | A | $600 – $900 |
| MS 66 | B | $750 – $1,100 |
| MS 67 | A | $1,200 – $1,800 |
| MS 67 | B | $1,500 – $2,250 |
| MS 68 | A | $2,500 – $3,750 |
| MS 68 | B | $3,500 – $5,250 |
Star Notes and Gem Notes
Star notes, denoted by a star (*) before the serial number, are considered more collectible than regular notes. Gem notes, which are graded MS 69 or higher, are the most valuable.
Common Mistakes to Avoid
To avoid making costly mistakes when collecting 1985 twenty dollar bills, it is important to:
- Authenticate the bills before purchasing them.
- Purchase from reputable dealers or auction houses.
- Be aware of the estimated values and do your research.
- Store the bills properly to protect them from damage.
Applications in Today’s World
While 1985 twenty dollar bills are primarily considered collectibles, they can still be used for financial transactions. They are legal tender and can be exchanged for goods and services.
Conclusion
The 1985 twenty dollar bill is an iconic piece of American currency with a fascinating history and significant value. By understanding the factors that influence their rarity and value, collectors and enthusiasts can make informed decisions when acquiring and preserving these remarkable notes.