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  Million dollar bill by ABNCo  

These items are greatly off-topic for me. I do not track prices. I built this page after receiving large numbers of inquiries about million dollar notes printed by American Bank Note Company.

I receive frequent inquiries from people who wonder how they can redeem their $1,000,000 bills printed by the American Bank Note Company.

Front of American Bank Note Company miilion dollar bill
Front

Back of American Bank Note Company miilion dollar bill
Back

Here are the facts.

Million dollar notes are NOT redeemable.
Million dollar notes are NOT worth a million dollars.
Million dollar notes are NOT legitimate currency.
Million dollar notes ARE fantasy notes.
Million dollar notes ARE strictly souvenirs.

The note shown above was printed on intaglio presses and is incredibly well-engraved. This particular note first came to my attention in 1988. It was engraved by American Bank Note Company for the International Association of Millionaires (IAM). When initially released, IAM sold "million dollar" notes for around $20 to $25 each.

The International Association of Millionaires still exists and can be found on the web. As of mid-2012, IAM offered single examples of its million dollar note for about $75. It also offered additional discounts for quantity purchases.

1988 promo material for American Bank Note Company miilion dollar billIn 1988, the note shown above was accompanied by a four-color brochure that explained the note's security features. Additional promotional materials included a "Certificate of Authenticity."

Certificate of authenticity for American Bank Note Company miilion dollar bill

Since 1988, several hundred varieties of new "million dollar bills" have appeared. All examples I've encountered were printed on ordinary paper with ordinary offset presses. All imitate U.S. currency to some degree. None should fool anyone.

All examples are dramatically lower quality than ABNCo notes. When I last checked in mid-2012, ordinary million dollar bills could be purchased for as little as 8 cents each in quantities of 1,000. You may see examples those ordinary million dollar bills here.

The vast majority of the 3,500 people who come to this page throughout the year have one of the high-quality notes printed by ABNCo. They are the same size as modern U.S. currency. The engraving and printing is the same quality as U.S. currency and the paper is somewhat similar.

The printing is such high quality that people get confused.

If you came to this page because of the million dollar note shown at the top of this page, examine your note closely. You will find text explaining that your "million dollar" bill is worthless. It says:

  • This certificate of wealth is not a representation or facsimile of any past or present U.S. financial obligation. (front)
  • Non-negotiable. (back)
  • This certificate is backed and secured only by confidence in the American dream. (back)

People often wonder whether their notes are salable. Yes, there is a small secondary market for the American Bank Company note illustrated here.

If you want to learn more, please contact some of the many fine dealers who sell these souvenirs. You may find them on the web by searching for "million dollar bill" (with quotes). Please do not contact me concerning value or resale.

Send an email message with corrections or comments about this page.

I'm sorry, but I will NOT answer questions concerning redemption of these notes. You CANNOT redeem these notes for a million dollars.

I will not answer questions about collectible values because I have no information. Please check eBay or contact some of the many fine dealers in paper money.

(Last updated Sep 27, 2012)

 
 
 

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