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Just found out some old $5 bills are worth serious money if you know what to look for. Turns out the 5 dollar bill value can swing wildly depending on rarity and condition. Been down a rabbit hole on this lately.
So apparently the earliest ones from 1861 are the real prize. There's this 1861 Demand Note that sold for over $38k because it was in pristine condition and used that rare steel plate printing process. The front has Alexander Hamilton and this freedom statue image. Pretty wild for a piece of paper, right?
Then you've got the 1869 redesigns with Andrew Jackson that collectors call Rainbow Notes. Average ones go for around $400, but if you find an uncirculated example, you're looking at maybe $1,400. Even the 1914 ones, which were massive (they called them horseblankets because of the size), are still collectible.
The 1934 series is where it gets interesting though. That's when they shrunk the size down and started using different colored seals. The Hawaii brown seal ones? Up to $6,000. North Africa yellow seals around $1,850. Even regular blue seals hit $425 depending on the series.
The key thing is condition matters as much as the 5 dollar bill value itself. You need both rarity AND pristine condition to actually get those high prices. Most people probably have bills worth way more than face value sitting in a drawer somewhere without even knowing it.