Why are 2007 American dollar bills worth more than 2006 American dollar bills?

Answer 1

surely they are both worth one US dollar??

Answer 2

If you're talking about the collectors value, the 2007 paper dollar bill would be worth more because there should not be a 2007 dated bill issued. The design change occurs everytime there is a new Secretary of the Treasury or a new Teasurer of the United States. Both have their signatures affixed to every bill in circulation. Since there has been no change since 2006, there will be no 2007 version until there is a change. If you have a 2007, it would be a rarity. There has not been a change since June 2006. NOTE: higher demonimation change their design more often, which causes the date to change more often.

Henry M. Paulson, Jr.
Secretary of the Treasury June 2006

Anna Escobedo Cabral
Treasurer July 2004

Answer 3

Hello,

(ANS) The most obvious answer is because the "value" of the dollar itself has changed during the last twelve months.

The value of a given currency (in this case the US $) changes value due to global markets, and due to global economic trends too. These trends mean that not only share prices change daily but also the currency exchange rates change.

**What your $ bought you yesturday wont be the same as in six months or one years time.

**Right now the value of the $ to the UK sterling pound £ is at an all time high meaning £1 is now worth almost $1.99. Which is great if your a visitor to the USA but terrible if your American coming to the UK.

IR

Answer 4

You just have to be an american, right?

Which is heavier - a tonne of coal or a tonne of feathers?

Answer 5

I didn't know they were.