Have you ever heard of the gold $100 Federal Reserve Banknote? If not, you will definitely want to check this out! You are in for a real treat.
More specifically, it is a 24k gold 100 dollar bill that is intriguing to collectors and the average person alike. Not only is it a bit of a novelty to own a 100 dollar bill that is made of 24k gold, it is also worth some money.
In this article, we will discuss the history of this banknote type, its condition and errors that can affect its worth, as well as how to assess the 24k gold 100 dollar bill value for potential buyers or sellers. We hope you find this guide useful in navigating through the world of collecting these historic pieces!
Ready to dig in? All right then, let’s go.
24k Gold 100 Dollar Bill Details
- Category: banknote/dollar bills
- Year: n/a
- Size: size of original banknote (6.14 inches by 2.61 inches)
- Composition: 99.9% Pure 24K Gold Leaf
- Designers: Brian Thompson and William Fleishell
- Weight: 1 gram (2.7 ounces)
The 24k gold 100 dollar bill is a Federal Reserve Banknote Type 1 from the United States, and it stands to replicate the actual 100 dollar bill, only in 99.9% pure gold-plated over PET. While not circulated as an official US currency, these banknotes were made basically as collector’s items.
Their size and design remain consistent with the original Federal Reserve Banknote Type 1. This size is 6.14 inches by 2.61 inches, and these gold banknotes weigh 1 gram (2.7 ounces).
Interestingly, these 24k gold 100 dollar bills come with a serial number, hologram seal, and their own unique watermark. On the front side, there is an image of Benjamin Franklin, just like there is on the front of actual 100 dollar bills. The backside features an exact reproduction of the backside of the actual 100 dollar bill as well.
The design for the latest actual 100 dollar bill was designed by a designer named Brian Thompson at the U.S. Bureau of Engraving and Printing in Washington D.C. The design was then engraved for the printing process by William Fleishell. While they did not work on the 24k gold 100 dollar bill, per se, they did create the actual 100 dollar bill, of which this is an exact replica.
24k Gold 100 Dollar Bill Value Chart
|1934 24k Gold 100 Dollar Bill||/||/||/||$25 – $35|
|2013 24k Gold 100 Dollar Bill||/||/||/||$10 – $20|
24k Gold 100 Dollar Bill Value and Varieties
When evaluating the 24k gold 100 dollar bill value, its condition is one of the most important factors that need to be taken into account. The money grade system is used in the US, and it assigns a numerical value to each banknote based on its condition. However, with these being replica bills, they are not necessarily held to the exact same grading scale – that being said, “Uncirculated” bills are still considered “Uncirculated,” even if they are replicas.
There are several of these bills from over the years. Let’s look at a few.
1934 24k Gold 100 Dollar Bill
This bill is considered to be one of the hardest to find 24k gold 100 dollar bills. Its condition and rarity make it worth a good amount – in fact, they are worth about $25 to $35 on average.
2013 24k Gold 100 Dollar Bill
Being the more recent 24k gold 100 dollar bill, this one is sought after. It is still considered to be in “Uncirculated” condition and thus valuable – as it is a bit easier to find on the marketplace, one of these gold bills can fetch a price of up to between $10 and $20.
History of the 24k Gold 100 Dollar Bill
The 24k gold 100 dollar bill was first released not too many years ago, and since then, it has been a popular item among collectors and enthusiasts alike. While not officially circulated, these banknotes are highly sought after as they stand to replicate the actual US currency – only in pure gold!
As mentioned before, the designers of the actual 100 dollar bill, Brian Thompson and William Fleishell, had nothing to do with this 24k gold version. This is why it has its own unique watermark and hologram seal – not to mention the fact that it is made of pure 24k gold! However, it is very interesting how distinctly they were able to replicate the design onto gold leaf – right down to what appears like the 3D blue security strip and green ID numbers.
The man who is on the 100 dollar bill, Benjamin Franklin, is one of the Founding Fathers of the United States and was a great leader in the early years of this country. He was an inventor, scientist, writer, and diplomat – he had his hands in many facets of life during his time.
The reason he was selected to be the face of the actual 100 dollar bill, and ultimately this 24k gold version, was because he had a legacy of integrity and frugality. The government thought that these attributes were perfect for someone who would grace United States currency – thus, Benjamin Franklin became the symbol of worth on these bills.
24k Gold 100 Dollar Bill Grading
The grading and worth of the 24k gold 100 dollar bill can vary widely. While this is a replica bill, you can grade paper money in a similar way. Generally, “Uncirculated” condition is considered to be the highest quality and thus worth more – up to about $25-$35 or $10 to $20 for the 24k Gold 100 dollar bill, depending on the year that is replicated.
If you were to grade dollar bills, you would look at the serial number, watermark, and security strip to determine the condition. The higher quality of these elements, the more valuable it is as a collector’s item – and thus, worth more money.
They also go into different conditions, depending on the wear and tear of the bill. Let’s look at each one in a little more detail.
Sometimes 24k 100 dollar bills can be in “Good” condition. To determine the grade for this, you need to look at the wear and tear on the note – if there are folds, creases, or tears in any of the elements (such as the security strip or watermark), then it would be considered “Good” condition.
24k 100 dollar bills in “Fine” condition can fetch a little higher price than those in “Good” condition. The note should still be in relatively good shape, with only minor wear and tear that does not affect the overall design or elements of the note. Like those in “Good” condition, they are likely easier to find than those in higher conditions.
“Extremely Fine” Condition
Next, there are 24k 100 dollar bills which are in “Extremely Fine” condition. Here, the note should still be in almost perfect condition – no folds or tears and very minor wear. There should not be any creases, and it should still be in nearly mint condition.
Lastly, there are 24k 100 dollar bills in “Uncirculated” condition. These notes should be in perfect condition with no wear, folds, tears, discoloration, or creases whatsoever. They should be in the same condition as they were when they first left the factory – and thus, can fetch a much higher price than those in other conditions.
24k Gold 100 Dollar Bill Errors
It is possible that these 24k gold 100 dollar bills could have errors and be more valuable than the average collector’s item. Look for things like double printed images, wrong dates, or other misprints to determine if you have an error bill in your hands.
While there are no known errors for the 24k gold 100 dollar bill, keep your eyes peeled because you just never know what you will find out there!
24k Gold 100 Dollar Bill Frequently Asked Questions
Now that we have talked about the 24k gold 100 dollar bill and its condition, grading, value, and errors, here are a few frequently asked questions to help.
How Much is a 24k Gold 100 Dollar Bill Worth?
The value of a 24k gold 100 dollar bill will vary widely depending on the year, condition and any errors present. Generally, “Uncirculated” bills are worth between $25 to $35 or $10 to $20 depending on the year.
You may find other prices depending on the condition and any errors present. Plus, each store or dealer will have different prices based on demand, so it is best to shop around for the best deal. You never know what you will find out there.
Is a 24k Gold 100 Dollar Bill Real Money?
No, the 24k gold 100 dollar bill is a replica bill, not official currency. It is produced as a collector’s item or for decoration but does not carry any legal tender value. As such, it cannot be used to purchase goods and services or exchanged for legal tender.
There is, however, actual gold located on these 24k gold 100 dollar bills, so they are indeed worth something. You just can’t take it down to the gas station and buy yourself a snack with it.
What is the 24k Gold 100 Dollar Bill Made of?
The 24k gold 100 dollar bill is made from pure 24k gold leaf. They are glittering and shiny like a bar of gold bouillon, but with the classic design of a hundred dollar bill. The gold leaf is meticulously applied to the bill, creating an eye-catching representation of one of America’s most iconic pieces of currency.
It includes a unique watermark, hologram seal, and identification numbers, among other things. As we have mentioned, this bill is a replica of the actual US currency, except that it is not made of paper – only made from pure gold covering a slip of PET! Even though it is not officially circulated, it is highly sought after by collectors.
Are There Errors with the 24k Gold 100 Dollar Bill?
Even though no errors are known to exist on this specific bill, there is always potential for something new to surface – so keep a sharp lookout! You just never know what you will find out there, with a little persistence on your part. Watch for misprints, incorrect dates, or double printed images that could indicate an error.
Where Can I Find 24k Gold 100 Dollar Bills to Purchase?
You can find 24k gold 100 dollar bills from specialized dealerships and online resources. This could include (but is not limited to) stores like Amazon, eBay, Etsy, and other online retailers. Plus, there are always collectors and other individuals who might have 24k gold 100 dollar bills for sale from their own collections – prices will vary depending on the condition and collectors’ personal preferences.
Keep in mind that another thing that affects the value of these bills is their condition and age. Make sure to investigate all of your options before purchasing one of these magnificent pieces of replica currency, as they can be quite pricey if bought from a specialty dealer or an individual who is willing to wait for a hasty buyer in order to sell.
All in all, the 24k gold 100 dollar bill has been a fascinating collector’s item ever since its initial release, with a great amount of novelty to it. The condition, grading, potential errors, and worth can all have an effect on the item, so it is important to do your research and make sure you are getting the quality you desire.
Not only that, but they are strikingly beautiful and an amazing replica of the real 100 dollar bill. They are one of the most beautiful collector’s items you will ever stumble upon. With its intricate design replicated gracefully onto pure 24K Gold Leaf, this item is truly something to behold.
Have you ever seen a 24k gold 100 dollar bill? What did you think of it? Let us know in the comments – we would love to hear your thoughts.