1934 $100 Bill Value
A 1934 $100 bill carries Franklin on the face and Independence Hall on the back, with a green Treasury seal. Four series letters were printed, 1934 through 1934D, across all twelve Federal Reserve districts.
Because the face value is already high, the collector premium looks small in percentage terms even when it is large in dollars. A worn note is worth a bit over face. An uncirculated one can be several times face, and scarce districts go further.
Quick facts
- Type
- Federal Reserve Note
- Series
- 1934, 1934A, 1934B, 1934C, 1934D
- Seal and serials
- Green
- Portrait
- Benjamin Franklin
- Back
- Independence Hall
1934 $100 Bill value by condition
| Condition | Estimated value | Notes |
|---|---|---|
| Well worn | $115 to $140 | |
| Lightly circulated | $140 to $190 | |
| About uncirculated | $220 to $350 | |
| Crisp uncirculated | $350 to $900 | District dependent |
| Star note, circulated | $200 to $600 | |
| Star note, uncirculated | $800 to $4,000+ |
Minneapolis, Kansas City, Dallas, and Richmond printings are consistently harder to find than New York or Chicago in the same grade.
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District matters more than series letter here
For the 1934 hundred, the Federal Reserve district drives scarcity more than the series letter does. The large eastern districts printed heavily; the smaller western and southern districts printed a fraction as much.
The district is identified by the letter and name inside the black seal to the left of Franklin. Note it before pricing, because the spread between a New York note and a Minneapolis note in the same grade can be several hundred dollars at the uncirculated level.
Why so many were redeemed
A hundred dollars in 1934 was serious money, close to a month of wages for many workers. Notes of that size were used for large transactions and returned to banks quickly, where worn examples were destroyed and replaced.
That constant attrition is why uncirculated survivors are worth a real multiple of face while worn ones are not. Very few people had the means to set one aside untouched.
Frequently asked questions
Is an old 1934 $100 bill worth more than $100?
Yes, but the premium on a worn note is small. Expect $120 to $175 circulated. Uncirculated examples and scarce districts are where the value climbs.
Can I still deposit a 1934 $100 bill at a bank?
Yes, it is legal tender at face value. In most cases that would be a mistake, since a collector will pay more than $100 for it.
What makes some 1934 $100 bills much more valuable?
A scarce Federal Reserve district, a star in the serial number, uncirculated condition, or a printing error. Any of those can multiply the price.