Last Updated on October 2, 2022
Are you trying to determine how much your 1993 20-dollar bill is valued?
You’re in luck!
You’ve reached the ultimate guide to assessing the value of your 1993 20-dollar bill.
It is time to have all your questions answered.
How Much Is A 1993 20 Dollar Bill Worth?
Depicting a portrait of President Andrew Jackson, the 1993 20-dollar note can be worth considerably more than the face value of the bill.
This bill can range in value from $20 to $60 in value. When determining the value of any $20 bill, the best place to start is to understand the grading system. The grading system is used to assign value to dollar bills.
If your 1993 20-dollar bill has been heavily circulated and isn’t in very good condition, it won’t be worth far more than the $20 face value. If your 20-dollar note is in uncirculated condition and has been well maintained- it could be worth much more!
We’ll start this guide by covering the grading system used to determine the value of paper money. Next, we’ll explore other bill features and errors that can significantly increase the value of your 1993 20-dollar bill.
This paper money guide and chart below can help you decisively decide where your $20 bills values.
Most 20-dollar bills that have been in circulation will fall between fair and extremely fine quality. The higher quality a bill’s condition is, the more valuable the bill. Let’s cover the grading system:
|Soiled and showing wear and tear, corners may be missing
|Dirty and obviously creased or folded, no missing pieces
|Folded and creased, most of the crispness is gone, some fading
|Attractive, but signs of circulation, some soiling but no tears
|Clean and bright, lightly handled, no tears or staining present
|Slight signs of being handled, minor folds possible, crisp and original sheen present
|Not released into circulation, firm and crisp without any signs of folding, soil, or handling
Approximating The Value of Your 1993 20-Dollar Bill
Once you have determined the grade of your 20-dollar bill, you are ready to estimate the value of your note. Use the handy chart below to make this process easier.
|1993 $20 Dollar Bill Values
Special Features That Increase Value
When uncovering the value of your $20 bill, you’ll also want to be on the lookout for any possible features that are uniquely special. Errors, misprints, and star notes can increase the value in a very big way.
During the production of 1993 20-dollar bills, the production process included a 10-digit serial number on the front of the bill. Since 1996, 20-dollar bills contain an 11-digit serial number instead. These serial numbers contain the following:
- A letter at the beginning that represents the series that the bill belongs to. Each series represents the bill’s design year. Dollar bills are not redesigned every year. Instead, when a portrait is redone, or there is a new Secretary of Treasury- the bill will need a new redesign.
- The second letter in the serial number correlates to the bank of distribution. There are a total of 12 banks that release these bills, and each bank is assigned to a letter.
- The following 8 digits in the serial number are the bill’s unique identification number. (Lower numbers are worth more than higher numbers, most of the time.)
- The final number denotes when it is necessary to raise the number beyond 999,999. (This allows for 2,499,999,975 possible serial numbers for each bank!)
When a printing error happens during production, a star goes next to the serial number. These stars show that the bill is a replacement note. For every 100,000 U.S. bills printed, there is about one bill printed with an error.
When printing errors happen, a set of bills become unusable. Replacement notes are then printed to replace the bills that have errors. These dollar bills have a star as their final digit. In theory, this allows banks to have 99,999,999 possible replacement notes.
1993 20-dollar bills containing a star may not be worth much more than a regular 20-dollar bill. Be on the lookout for extraordinary numbers! If the replacement note contains an interesting number, you very well may have a collector item.
Interesting serial numbers hold more value. Serial numbers that contain consecutive numbers (1234…) or repeated numbers (0000…) are special. If a series of numbers contain an important date or birthday, they can also be of more value.
If a 1993 20-dollar star bill is in extremely fine condition but holds no other special qualities, it is typically worth around $40-$50.