I heard that one person got $10,000 for their silver certificate, why?

Question

I heard that one person got $10,000 for their silver certificate, why?

Answer 1

micki! right here :)

http://www.trilulilu.ro/mitipiti/d44ac5e...

Answer 2

Collectors particularly like certain collectable items.  This bill is no doubt a rather desirable item among collectors.  I had not heard of the transaction, but it does not supprise me.  In times of inflation, which we are in, collectables become very desirable as they represent a store of relative value.  But I would remind you of the tulip bulb craze and the extremely high prices they commanded until the bubble burst.  And then there was the realestate boom of a couple of years ago driven by house flippers and low interest rates.

These things do tend to get out of hand every now and then.

Answer 3

The Silver Certificate was probably uncirculated(brand new) and very old.