Ladder notes are among the rarest fancy serial patterns — rarer than radars, more dramatic than repeaters. The serial number marches perfectly up or down in sequence, like the rungs of a ladder.

The only two ladders on an 8-digit note: 12345678 (ascending) and 87654321 (descending). Two notes out of 99,999,999 possible serials.

Ladder Note Values

DenominationValue Range
$1 US Dollar$200 - $600
$5-$20 US Dollar$400 - $1,200
$50-$100 US Dollar$800 - $2,500+
British Pound (any)GBP100 - GBP1,000+
Australian DollarA$150 - A$1,500+

What to Do If You Find One

Ladder notes are so rare that most collectors never find one in circulation. If you do, minimise handling, sleeve it immediately, and consider PMG grading before selling. The grading premium on a ladder note is substantial.

Confirm your serial number instantly with our free checker — it detects ladders and eight other patterns in seconds.

Ladder NoteFancy SerialSequentialRare Banknotes

Frequently Asked Questions

What is a ladder note?
A ladder note has a serial number that runs sequentially up or down — for example 12345678 or 87654321.
How much is a ladder note worth?
Ladder notes typically sell for $200 to $2,000 depending on denomination and condition. A $100 ladder has sold for over $2,000.
How rare is a ladder note?
There are only two possible ladder serials per denomination — 12345678 and 87654321. Vanishingly rare.
Is a descending ladder worth more than ascending?
Both are equally rare and similarly valued. Personal collector preference drives any price difference.