Check your cash: 'Fancy' serial numbers worth huge dollars

* Attached video: Parents shaken by advanced fraud call simulating child's voice, requiring ransom

JOPLIN, Mo. (KSNF)-- That $1, $5, or $10 bill in your wallet may be worth method more than its face value.

Knowing what your paper money may be worth is all in the serial number. Serial numbers are found on the front of U.S. currency and are always printed twice.

One of the most valuable serial number variations is called a "ladder," and might be worth anywhere from $9 to $100,000, according to monetary news outlet The Penny Hoarder. When the identification number ascends (example: 12345678) or comes down (example: 8765431) in order, currency collectors/dealers call it a ladder.

Eric Gerner, owner of Gold and Silver of Joplin, LLC., stated the worth of a modern-day bill depends on its serial number and how unusual it is. Gerner said currency collectors try to find several different kinds of fancy identification numbers that stand apart from the crowd.

" There's a whole family of collectors notes when it comes to looking at the serial number. There's what we call bookends, where you have the first four numbers that match. One method is by going to a site such as Fancy Serial Number Checker and typing in the eight-digit series of numbers.

Four dead after regional mobile home shooting

Another way to figure out the worth of U.S. paper money based on the identification number is to have it analyzed by a credible currency dealer/collector.

" If you have a question about the worth of collectible currency, have it took a look at by a professional? Having it took a look at by someone who's been in business as long as I have is always a great concept. That's the best way to ensure the currency you have is authentic. I inform individuals every day, ‘‘ You don't need to sell your things when you bring it here.' We're here to provide details and to assist inform the general public," stated Gerner.

Many Buffalo Nickels worth more than 5 cents

For those who are brand-new to currency gathering, Gerner says a terrific location to start is with your own wallet-- by glancing at the identification numbers printed on each expense.

" One thing you need to keep in mind with currency gathering-- whatever serial number you discover that you like, whether it's a birthday note, or a repeater, or a ladder, or whatever-- you require to comprehend that you're holding the only one that's offered," said Gerner. "The only one that exists."