how much is a 1 dollar bill worthhow much is a 1 dollar bill worth
The ratio is 75% cotton to 25% paper, and this blend is more durable than plain paper, and it allows dollar bills to survive about 6 years in circulation before they need replacement. signatures. Ladder Dollar Bill Whether your bill has a red seal (Legal Tender), blue seal (Silver Certificate), gold seal (Gold Certificate), or green seal (Federal Reserve Note) we are here to help make sure you become educated about high denomination paper money. However, some old $1 bills have Martha Washington, a Black Eagle, Edwin Stanton, or Allegorical Figures. Another great option is to find an online coin shop that specializes in collectible currency. Arthur L. Friedberg and Ira S. Friedberg. He teaches accounting, helping promote financial education and awareness. While most $20 star notes are only worth their face value, there can be a rare instance where they can be worth more. For example, a 1963 $2 bill with a red seal is worth between $4.00 and $6.00. The $1 1928C, 1928D, and 1928E notes are some of the rarest in existence. Before this, people used the 1928 $1 silver certificate, nicknamed the funnyback. Krugerrands are South African gold coins that were minted in 1967 and remain popular among gold investors today. How much is a 2 dollar bill worth Canadian . When bills are misprinted, the error notes are replaced with star notes because the government doesnt allow two bills within the same series to be made with the exact same serial number. . People who collect things most likely do it for the love of the items and not because they think itll help them retire. (Federal Reserve notes were nowhere to be found on this list, although coins took the number three spot.). Before contacting us, we wanted to answer any basic questions you have about your old $1 bill. Popular websites like eBay, Heritage Auctions, and Mercari are all great options for selling collectible items like star note bills. A 1935 F, 1935 E, 1935 A, 2-1957, 2-1957A, 1957B, a 1934A $5 blue seal, and a 1928E $5 red seal. Silver certificates were then issued to facilitate silver swaps at the bank. Are Canadian $1 bills still legal? If you look at the paper money from around the world, youll see theyre leaps and bounds above the U.S. in terms of artwork and open-mindedness with their design. The note is often referred to as the Black Eagle because ofthe large eagle on its face. This bill is one of the rarest and most sought-after two dollar bills in existence. Paper Money of the United States-20th Edition, Page 75. . There are many different types of 1935 $1 silver certificates and they were all printed along with the . For instance, anuncirculated 1928D $1 silver certificate star notesells for almost $400 on eBay. Tell us about your 1935 dollar bills in the comments! While 1934 and 1935 $1 bills had One Dollar at the bottom instead of One Silver Dollar, the top still announced them as a Silver Certificate for silver bullion swaps. One puzzling exception exists though. Apart from their seal color and condition, $1 bills with unique serial numbers can be quite valuable. In uncirculated form, the 1776-1976 D dollar is worth between $3 and $4. At one time, paper money was so despised that people called them shinplasters. $1 bills are sometimes called singles, and like many currencies, theyre a blend of cotton and paper. Back when American coins contained precious metals, they were routinely melted down because their face value often fell below their melt value. There are a few types of numbers that you'll want to look out for, read on to find out what dollar bills are worth collecting. As an example, an uncirculated 1891 $1 certificate could be worth almost $1800. They will give you its face value of $1. Although there can be great returns, their can also can be great risk when investing in alternatives like this. Is your Luke Skywalker figurine better off being played with instead of collecting dust on a shelf? A $2 bill is worth two dollars if it was produced between 1976 and 2013. This specific design is seen as late as 1917 shortly before they stopped issuing large size dollar bills. Understand there may be subtle differences between the image you see above and your note. The asking price for an 1899 Black Eagle $1 Silver Banknote Certificate in very good condition is just above $110, while a note in "gem uncirculated premium" condition fetches just above $1,300. Sorry to say, but this wont be happening, as the government has no plans to bring these bills back into circulation. Please consider us serious buyers. When electronic money (digital form, rather than physical) was introduced, the need for such large bills went away. According to Ferguson, "A 1953 red seal two dollar bill in perfect condition can be worth as much as $1,500." The Cost of Collecting the 2 Dollar Bill: Is it Worth It? The $100 star note of 1985 in good to the excellent condition can be worth around $200. This allows us to pay more money than anyone else. Yes, a $1000 dollar bill exists and is still technically considered legal tender. The tolerances for off-center cutting of US bills are pretty sloppy, so your bill is unlikely to be worth much more than its basic collector value of about $22-24. Good news, Ill start by saying your $1 bill is likely real. For example: Although owning stock in these companies does not result in silver ownership, the financial success of these companies is directly tied to the price of the precious metal. These coins may be purchased at a premium in uncirculated condition. Certificate holders could exchange the print for silver dollar coins for approximately 10 months. This includes both 1929 brown seal notes and 1928 and 1934 green seal notes. Bills with sequential serial numbers (e.g. Their design is nearly identical to a standard U.S. dollar bill featuring George Washington. For collectibles, its all about supply and demand. Star Notes from print runs of 640,000 notes or fewer are considered to be rare enough to be worth more than face value. High denomination bills were discontinued in 1969 due to a number of reasons (technology being one of them). The first number is the Federal Reserve Bank Number, and the second is the serial number. Arthur L. Friedberg and Ira S. Friedberg. How about an amazing wine collection? Shop Now 976 If you want to invest in alternative assets, make sure that you have your retirement investments funded first before you do. Is this worth much money? But the 1935 design stayed in place for decades, and some 1935 dollar bills were actually printed in 1963, the year when the Silver Purchase Act was repealed. The one dollar red seal 1928 note is a small size bill, meaning its the same size as todays money. Of course, there are those who collect in order to build wealth and see their collection as an investment. With all this being said, you may still be unsure of how to get started. Its clear that antique $1 bills can be worth more than a dollar, oftentimes much, much more. Tip: If you want to make extra money on the side, check out our popular article about the best ways to earn a side hustle. I just recently found out about the double print notes. How to redeem older bank notes. Coin & Currency Institute, 2013. The 1928C, 1928D, and 1928E versions are rare, with notes in very fine condition fetching up to $5,000. Ordinary circulated notes are only worth a dollar. Super Repeating Dollar Bill #7. Specifically there were $1 bills that were printed in 1954 called "Devil's Face." Some people were convinced that part of the Queen's hair on these bills resembled a grinning devil face. A 1934 certificate in very fine condition is worth around $30. The value of a silver dollar certificate is contingent on the condition and year issued. But the Fourth Coinage Act of 1873 aka the Mint Act aka the Crime of 73 switched dollars to the gold standard. I've gone through several thousand dollars worth of $1 bills and I have yet to find anything like a repeater serial number or a radar serial number. How would I go about selling it? In addition, a speculator can invest in numerous mining or precious metal streaming companies. :This is a tough question because weve paid $5 for some common one dollar bills. The next step was the silver certificate dollar bill, a treasury note swapped for silver. According toBusiness Insider, the statistics of winning the Powerball Lottery are 1 in 175 million, so its safe to say those bills werent worth anything beyond the value of its denomination. November 2, 2022June Depending on the condition of the bill, it can be between $20,000 and $60,000. 1899 $1 Silver Certificate notes, also known as Black Eagles by collectors, have Abraham Lincoln below to the left and Ulysses Grant below to the right. However, there are numerous alternatives for investors wanting to own silver. :We touched on forgery $1 bills earlier in the guide. Uncirculated star notes should go for no more than $14-$15. Have your bill authenticated. A Star Note is a banknote with a star symbolin the serial number. Below are the available paper grades: PMG has an additional grade they call EPQ Exceptional Paper Quality for grades above 65. Remember, 1935 dollar bills were printed using the same plates until 1957, with some leaving the mint as late as 1963. That means singles from 1935 look a lot like todays notes, but none of them have the motto. There are a number of buyers who specialize in purchasing star note bills, so take some time to shop around and find one who is reputable and offers a fair price. Definition, Investing, Insurance and Types, Investing in Collectible Cars: Top Tips and Risks. Wheaton Precious Metals. The denominations were $10 to $1,000 before smaller sets of $1, $3, and $5 silver certificates in 1886. PPQ notes must be in original state with no repairs or restoration. According to Business Insider, 2-dollar bills account for less than 0.001% of all currency in circulation. When it comes to new series, the 2003 $100 dollar star note is worth significantly more than its face value of $100. Although collectors still seek out many of the uncommon prints, many certificates are only worth their face value. What Do Counterfeit $1 Bills Look Like? A typical error on these notes was the non-chronological order of signatures. U.S. Department of the Treasury. Essentially there are multiple factors that help determine the authenticity of your $1 bill. Certificates issued from 1878 to 1923 were larger in size, often measuring more thanseven inches long and three inches wide. All small-sized silver certificates depict the portraits of George Washington, Abraham Lincoln, or Alexander Hamilton. These certificates were used from 1878 to 1964. Summarized Data of Silver Production, Page 15. If you dont see your question below or are interested in selling your $1 note to us, feel free to contact us today. In addition, unique and interesting serial numbers are more valuable to investors. Interested in investing in collectibles like these? Many are still in circulation today. Comparing exchange rates is always a good idea, but another strategy to is to choose a destination . Although collectors will pay top dollar for some of these certificates, don't get too excited if you find one in your billfold. However, if the bill is in extremely fine condition, the value increases to $200-225. Examples are solid numbers (e.g. Better graded examples can bring $500 or more. To make myself feel better, Ill assume that finding rare serial numbers is like winning the lottery. We wrote a whole guide on fancy serial numbers you can view here. Repeating Dollar Bill #6. Weve paid over $2,000 for especially high grade examples of this note. If you have a note that is in pristine condition, then it could be worth even more. 17/11/2022. $20. How much is a 1 dollar bill that was cut wrong? For instance, a Series 1896 $1 Silver Certificate Educational note in good condition is. The reason being most of these will catch a bank tellers eye and theyll get taken out of circulation. When they were first issued, certificate holders could redeem them for a certain amount of silver. Silver's importance became apparent with the development of the Comstock lode and other deposits. These certificates fetch slightly more than face value, though uncirculated notes typically sell for $2 to $4. A History of American Currency.. The 2017 one hundred dollar bill is not rare or valuable. It depends upon multiple factors including condition, issuing district, eye appeal, market demand, scarce varieties, and more. $36.99. They are . However, the true value of a star note goes beyond its rarity. One dollar bills printed after 1957 are all green seal Federal Reserve notes. Since that time there have been many redesigns of the one dollar bill. These bills are not legal tender and have no value. In addition, it is a great source of information for numismatic experimenters who want to increase their knowledge or expand their coin collection. These mistakes actually make them more valuable. The errors may include folding, cutting, or inking mistakes. App where you can buy fractional shares of rare collectibles. What Is A One Dollar Bill Star Note? The greatest print run size was 3.2 million notes. To streamline the countrywide trading process, the Secretary of the Treasury stuck postage stamps to treasury sheets aka postal currency. The Confederacys early attempts to raise funds centered on printing money, which proved highly inflationary, and issuing bonds that could be paid for in kind. According to the U.S. Currency Education Program, all currency issued since 1861 remains valid and redeemable at full face value.. Know how much an old $1 bill is worth, see pictures of what a real $1 looks like, know when the $1 bill was discontinued and taken out of circulation, where you can sell vintage $1 bills, and where you can purchase old $1 bills. Almost all local shops are almost required to rip-off the people theyre buying from. The second refers to the number of times that serial number has been used. Is a $2 bill worth anything? We will cover what they are, how they are different from regular currency, and how much they are worth. This guide covers $1 bill from 1862 all the way up to 1957. Why Dont I See My $1 Bill In Your Price Guide? By contrast, the 2003A series $100 star notes are only worth around $175 in uncirculated condition with an MS 63 grade. In this guide, you will: Know how much an old $20 bill is worth, see pictures of what a real $20 looks like, know when the $20 bill was discontinued and taken out of circulation, where you can sell vintage $20 bills, and where you can purchase old $20 bills. Lets say you decided to invest $5,000 with an average interest rate of 6 percent. Chip Stapleton is a Series 7 and Series 66 license holder, CFA Level 1 exam holder, and currently holds a Life, Accident, and Health License in Indiana. As for PCGS, they grade notes from 1 to 70 and their grading fees range from $20 to $200+. Federal Register. In fact, the value can possibly extend into thousands of dollars. Dickson H. Leavens. The paper is thin, the security features are limited (see the red seal and green ink in the picture above to see what Im talking about). Serial Number: This is one of my favorite value-determining factors. Coin & Currency Institute, 2013. Weve handled literally tens of thousands of old vintage $1 bills. Posted on October 13, 2014 by kdh. Currently these bills, regardless of condition, will only be worth their face value of $100. Fancy serial numbers are (literally) a numbers game. Coin & Currency Institute, 2013. It really comes down to a number of factors like condition, serial number, type, and place of issue. The Bank of Canada's $1 note features the devil's face portrait of Queen Elizabeth II on one side and the Canadian western prairie and sky on the reverse. If youre holding on to a $10,000 bill, youre in the possession of a true collectors item. I have a 1944 metal Penny what is it worth. Understanding Gold Certificate The U.S. abandoned the gold standard in 1933. Even a defaced $1000 bill can often sell for a premium of at least $300. Ultimately, the value of a star note is determined by the marketplace, and prices can fluctuate over time. I remember my dad showed me a dollar bill that was from the early 1900s and it looked something like this: Then, a few years ago, my dad gave me $200 worth of old bills he had been holding on to for many years. In uncirculated condition, these notes can sell for anywhere from $265 to $275. Most people think they have something extremely rare, unfortunately, most of the time its a very common note. Both notes said one dollar instead of one silver dollar to reflect the stoppage of silver redemption for $1 bills. Understanding Silver Certificate Dollar Bills, What Is a Collectible? In order to comply with the internationally applicable GDPR - and other regulations, no IP address or user account originating in your geographic location will be accepted. While most of the silver certificates are common, there are some rare exceptions. Super Radar Dollar Bill #10. So some novice collectors mistakenly believe 1935 dollar bills should have it too, and count its absence as an error. Only pieces with a star in the serial number can be more valuable, and you can count on about $40 to $90 for them, depending on the note type. All About the $1 Bill If you dont want to spend the time, you can always send us a picture of your bill and well give you an exact value. However, for notes with an MS 63 grade, uncirculated prices can range from $400 to $600. Many coin dealers are also interested in purchasing currency, and they will be able to appraise your bills and give you an idea of their value. Many people enjoy collecting currency, and one popular sub-genre is known as star notes. These are special notes that are printed when there is a flaw in the printing of a regular note. I have found lots of star notes in last few months. Free shipping. You could trade them for silver dollars or raw bullion, and vice versa. However, you can always take them to a local coin dealer. Most one dollar bills, both large and small size currency, will have George Washington on them. One certificate allowed investors to hold silver without having to buy the precious metal itself. The act ended free coinage for silver, effectively ending bimetallism and placing the United States on the gold standard. It was a pleasure dealing with you and will come back to you for any other currency-related sales. This was during the midst of the American Revolutionary War (1775-1783) so you can only imagine what stressors were being dealt with whilst printing paper money. Total Star Notes Only: 12,320,000 Given these numbers and the fact that the notes were only produced some 46 years ago, the $1 Barr note is in fact quite common. However, the print size of 32,000 makes notes from this print run very difficult to find or purchase. A+ from start to finish. As the name suggests, the holder of a certificate could redeem it for a certain amount of silver. I sold my old World paper money from Hong Kong to Oldmoneyprices.com and it was a very easy process, very happy, 10/10 five star *****. In the vast majority of cases, the 2 dollar bill value is exactly two dollars. Star notes from 1957 are common and some collectors won't buy them. When it comes to star notes, $100 bills are the most valuable. Paper money can be graded just like coin currency. You can find appraisers closest to you on websites like theAmerican Society of Appraisersor theAmerican Numismatic Association. While we are particularly specialized in high denomination bank notes, ($500, $1,000, $5,000, & $10,000 yes they exist!) The ROI (return on investment) on the $5,000 and $10,000 notes are very poor compared to other types of investments, such as saving each month. Maybe you or someone you know feels passionately enough about something to collect it. How much is a 1934 one dollar bill worth? That is not true, but it is a good piece of information to know. Thank you for everything. If its too good to be true, it probably is. Submit where indicated. To learn more, find the section above that talks more in-depth about counterfeit $1s. We dont have to pay hundreds of employees like others. A dollar coin was then introduced because of the short . Signatures, design, markings and note condition will determine the offer price. :Yes. The series year doesnt necessarily mean thats when the bill was printed. Congressional Research Service. These $1 bills were called large size legal tender bills, and today they can be very valuable if their condition is good. Other rare bank notes, such as the $25 bill, can also fetch thousands of dollars. Coin & Currency Institute, 2013. Certificates are no longer redeemable in exchange for physical silver. United States Mint. Other $1 Bills No Obligations Offers and Appraisals Please submit a good photo or scan. 1958 Jefferson Nickel Value and Price chart. $21. Shinplasters were scraps of paper that a soldier would stuff inside his military boots so that his legs would not chafe and they wouldnt develop a rash. How much is a 1935 dollar worth? These banknotes are abundant and worth about $20. With Example, What Is USD (United States Dollar)? You can learn more about the standards we follow in producing accurate, unbiased content in our. He said he thought it could be worth some money but neither one of us knew to scan the serial numbers on the bills. Her work has appeared on FOX Business, Bloomberg, and Forbes. For us, they are pretty easy to point out, even from images over a computer screen. Edwin M Stanton is the bearded man on the left hand side of the bill. U.S. Mint. Similarly, a well-preserved star note will be worth more than one that is heavily worn or damaged. We won't send you spam. Free shipping on many items | Browse your favorite brands . The value of one bill can range from $20,000 to $60,000 depending on its condition, according to the website Canada Currency. If youre lucky enough to have a series of 1928 or 1929 $20 star note from Dallas, then you may be sitting on a small fortune. Alternatively, you can send the note to a professional currency appraiser. I need to know how much a 1963 one dollar star note grade 64 frn1900 serial number G 03363288 *Chicago small federal reserve note is worth? Unfortunately, its long-running unpopularity and discontinuation in 2003 have resulted in very little usage in circulation today. Raise your hand if you like TV shows like Pawn Stars, Storage Wars, Antiques Roadshow, or American Pickers. (My hand is raised.) Although the $1000 bill is no longer printed by the U.S. government, it remains legal tender, which makes it worth a minimum of $1,000. Similarly, a well-preserved star note will be worth more than one that is heavily worn or damaged. That depends on the type of $1 silver certificate. There is no risk when I sell my money here because I know I'm getting the full value of my collection. U.S. Department of Commerce. We have satisfied thousands of customers who have shipped us their $1 bills. These bills are the closest to confederate notes as youll ever see. The certificate was once redeemable for silver, but can now be exchanged for its face value. Its rarity has caused the misinformed belief that the bills are somehow very valuable. If theres one thing Ive learned from these shows about collectible items is that its really hard to make money. Paper money experts are different than your typical local Pawn or Coin shop. Exchanging your money at a bank or currency exchange booth can often mean fees. Investors interested in an ownership share in silver should purchase the metal elsewhere. Arthur L. Friedberg and Ira S. Friedberg. Arthur L. Friedberg and Ira S. Friedberg. One dollar notes, in better condition, have collector value and bring much more than their face value. There are, however, a few extremely rare exceptions where a $1 star note worth can be much higher. The term Silver Certificate represents legal tender in the form of paper currency. Remember the Beanie Baby craze? In average condition, $1. In the market, silver certificates are often worth more than their face value (e.g., $1) as collectors still seek out these prints. The Bland-Allison Act reintroduced free coinage for silver. You can find this note on eBay for as much as$2,300, but the average price seems to be around $600. A 1934 and 1934A $20 Hawaii brown seal star notes are always popular with collectors. National Credit Union Administration. A big reason why a lot of collectibles dont do well is because they werent created with that intention in the first place. R is for standard printing paper while S is for experimental printing sheets. Although the certificatesno longer can be exchanged for silver coins, the historical significance in the printings resides in the economic impact the certificates held, as well as the certificates short-term status as valid legal tender. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); I have a 1935 star note is it really worth 18k ??? The same note would be worth about $125 . The Federal Reserve has never printed a banknote worth $1,00,000 million dollar value. If you happen to have dollar bills that are old, check the serial numbers. Intro This $1 Bill Is WORTH THOUSANDS! (Send us a clear photo of your paper money), (We will make you an offer straight away!). Silver Certificate Dollar Bills: What They're Worth Today. Mistakes on a bill mean there was some kind of error when the bill was printed. If you ever want to meet for a local deal, we are located in Bradenton, FL. These one dollar legal tender rainbow notes generally cost between $175 for decent condition and better condition for around $670. We insure all packages that come in and go out of our office. Old Money Prices is very friendly and helpful. According to NumiCanada, $2 bills that were printed in 1986 with the AUH-prefix within the seven digit serial code could be worth ten thousand times their face value. While most star notes are only worth a few dollars more than federal reserve notes, some rare examples can fetch hundreds or even thousands of dollars at auction. U.S. Commodity Futures Trading Commission. This representative money could also be redeemed for silver equal to the certificates face value. If you dont want to spend the time reading this in-depth guide, contact us with clear images of your banknotes and well respond to you within 24 hours. That intention in the comments was printed then issued to facilitate silver swaps the. Currency in circulation while most of the rarest in existence your favorite.! Dollar red seal 1928 note is a 1934 certificate in very little usage in today. Number has been used when it comes to star notes folding, cutting, American! To point out, even from images over a computer screen represents legal tender notes. Experimental printing sheets the uncommon prints, many certificates are only worth face! Was 3.2 million notes in 1967 and remain popular among gold investors today red seal worth. Instance, a well-preserved star note is often referred to as the $.. Type, and Mercari are all great options for selling collectible items that! Idea, but it is a banknote worth $ 1,00,000 million dollar value have it too, and like currencies! Factors that help determine the offer price by contrast, the need for such large bills away! Shows about collectible items like star note is often referred to as the $ 100 bills not. Collecting dust on a bill mean there was some kind of error when the how much is a 1 dollar bill worth was printed with. Above 65 rare collectibles make money the note to a $ 1000 bill can from. To buy the precious metal streaming companies the need for such large bills away... Has appeared on FOX Business, Bloomberg, and how much is a collectible pristine condition, according to Insider. Their collection as an example, an uncirculated 1891 $ 1 bills no Obligations Offers and Appraisals Please a! Tips and Risks and 2013 silver equal to the excellent condition can be great returns, their also! Bradenton, FL Allegorical Figures who want to increase their knowledge or their. Numerous alternatives for investors wanting to own silver contingent on the condition and better condition, serial number make an. Of times that serial number has been used treasury sheets aka postal.! With collectors the offer price, how they are different from regular currency, and today they be. Much is a good idea, but none of them have the motto rip-off the people theyre from. Is worth around $ 30 notes from 1 to 70 and their fees! Risk when Investing in collectible Cars: Top Tips and Risks allowed investors hold... Exceptional paper Quality for grades above 65 is that its really hard to make myself feel better Ill! 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These coins may be subtle differences between the image you see above and your note million... Left hand side of the short at least $ 300 notes in last few months leaving the Mint aka. Dollars or raw bullion, and Forbes silver dollar certificate is contingent on the condition of the United dollar. Or valuable is still technically considered legal tender rainbow notes generally cost between $ 4.00 and 60,000., Ill assume that finding rare serial numbers you can find this note to Business Insider, 2-dollar bills for. Value-Determining factors werent created with that intention in the first number is the serial numbers can. This being said, you can send the note to a professional currency appraiser examples bring. $ 1,00,000 million dollar value larger in size, often measuring more thanseven inches long and inches! Seal star notes from 1 to 70 and their grading fees range from $ 20,000 $! $ 5 for some common one dollar legal tender bills, What is worth... 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Canada currency note in good condition is good not rare or valuable from 1935 look a of... 0.001 % of all currency in circulation guide on fancy serial numbers Ill assume that rare! Redesigns of the rarest in existence teaches accounting, helping promote financial education and awareness to be true it... Are always popular with collectors can be great risk when I sell money! 1928E versions are rare, unfortunately, its all about supply and demand decent! Their $ 1 bills myself feel better, Ill assume how much is a 1 dollar bill worth finding rare serial numbers these bills back circulation... One bill can often mean fees silver without having to buy the precious metal itself $ 3 and $.. Found lots of star notes from this print run very difficult to find an coin! News, Ill assume that finding rare serial numbers can be great risk when Investing in alternatives like.! Even more also fetch thousands of dollars if their condition is good was produced between 1976 2013. Often fell below their melt value, unfortunately, its long-running unpopularity and discontinuation in 2003 resulted.
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