Most 1988 one dollar bills are not rare or valuable. Therefore most of these bills will not be worth much more than face value. However there are star note varieties and web note varieties which are more valuable than the standard notes. Continue reading to learn more about these bills.
|Federal Reserve Note
|Two: 1988, 1988A
Most of these bills in circulated condition will only be worth their face value of $1. The standard bills that are in uncirculated condition can sell for a premium. Star notes and web notes will also sell for a premium.
The 1988 series $1 bills are worth around $7 in uncirculated condition with an MS 63 grade.
The 1988A series $1 bills are worth around $4.50 in uncirculated condition with an MS 63 grade.
Star notes are replacement bills that the United States Federal Reserve printed. These star notes are more rare and thus more valuable. You can tell if you have a star note by looking to see if there is a star symbol at the end of the serial number.
Most 1988 series $1 star notes are worth around $4.50 in very fine condition. In uncirculated condition most notes with an MS 63 grade will sell for around $15. Star notes issued from the Federal Reserve Bank of Atlanta are much more valuable. Each bill is worth around $700 in very fine condition. Uncirculated bills with a grade of MS 63 can sell for around $1,100.
Most 1988A series $1 star notes are worth around $3 in very fine condition. In uncirculated condition the price is around $7.50 for notes with an MS 63 grade.
Web notes are bills that were printed on a web-fed press. The web-fed press method allowed printing on continuous rolls of currency paper, similar to the way newspapers are printed. The government tried out this printing method for a few select years before abandoning it. Web-fed press notes are more rare and thus more valuable.
The easiest way to identify a web note is to look for a small number to the right of the "IN GOD WE TRUST" motto. See the image below for reference.
Most 1988A series $1 web notes are worth around $10 in very fine condition. In uncirculated condition the price is around $37.50 for notes with an MS 63 grade.
The 1988A series $1 web note star notes are worth around $300 in very fine condition. In uncirculated condition the price is around $1,450 for notes with an MS 63 grade.
Very fine- A note that has been in circulation but not for a long time. The note is still relatively crisp. There may be some creases, folds, or light smudges.
MS 63 choice uncirculated- A note that shows no signs of ever having been in circulation. The note still has its original crispness. The note is also well-centered.
A Guide Book of United States Paper Money