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World’s most Expensive Banknote: $3.29 million

2016-01-07 Thu

The 1980 Grand Watermelon banknote sold for a whopping $ 3.29 million at Orlando auctions in 2006!

It was sold for more than double the previous record for antique currency.

The bill is only one of two known to still be around, and it’s the only available bill for collectors. The other is at the Federal Reserve Bank of San Francisco. The red seal Grand Watermelon note got its nickname for the appearance of stripes of green lines in the denomination number making it resemble the pattern of a watermelon and also due to the size of the zeroes on the back of the bill.

It had been estimated to go for $2 million. The last time it was sold, in 1970, it sold for a mere $11,000.