Wells Fargo

NOTICE:  We regret that inspection and authentication of Wells Fargo notes can no longer be done inside any bank in the Philippines.  As always, payments can still be made bank-to-bank or account-to-account.

So-called "Wells Fargo" is old US money, usually series 1934. You may see some Series 1933 $10 and 1935 $1. We buy anything from $1 to $1000 notes. We do not buy anything over $1000 denomination.  The following designations are valid: 


Genuine US currency, no matter how old, is perfectly legal to own, possess, and sell.  Examples are commonly seen in antique shops and coin dealerships all over the Philippines.  Anyone can walk into such a store and purchase samples without even being asked for identification.  No license or permit is required to buy or sell them.

Wells Fargo $500 Bundle - Series 1934

The basic rule of thumb in identifying obvious fakers and swindlers is to reject any offer of any notes and/or bonds denominated $5000 or more.  Here’s why:

  • $100,000 was the highest denomination US currency ever printed.
  • Only six (6) of the $100,000 notes remain today and are owned by the US Government.
  • Only 334 of the $10,000 notes remain today, mostly in documented collections.
  • Only 340 of the $5,000 notes remain today, mostly in documented collections.

Historically, Wells Fargo notes were shipped over to the Philippines in the mid-1930s as it was evident by this time that Japan intended to eventually invade.  The money was necessary to purchase certain goods and services from Filipino merchants; for example, horses and feed for cavalry.  The money would also be used to pay soldiers.  Wells Fargo Bank & Union Trust Company (who shortened their name to Wells Fargo Bank in 1954) donated several safes to the US Government for the funding project.  The bank itself had no business in the Philippines.  The safes were sealed for long-term storage.  Nitrogen in rubber bladders were used to prevent moisture, mold, mildew, and fire. Therer are no poisonous gases within the bladders.  These were safes of $25 million, $50 million, and $75 million each.

We pay Holders same day for all Wells Fargo here in the Philippines.  The US Treasury eventually pays us 100% of Face Value for these, but it is a long, complex, slow process.  By US Law, the US must accept any old US money (assuming it is genuine) and pay the Authorized Owner (our man who is of nobility in Europe) full Face Value for them.  The US never pays more than Face Value, as some scammers suggest. The notes are destroyed and replaced with new money.  The US Treasury will not redeem or receive them in the Philippines. There is no official authentication, counting, or demolition equipment in the Philippines.  In fact, there is not even a full-time US Treasury agent in the Philippines.  Much is required to redeem them (licensing, insurance, shipping, banking fees, taxes), so the Buyer requires a discount.  After these expenses, the Buyer may only profit about 5%, but a positive profit is certain (as long as there is a United States Government).  Therefore, the Group will contract to purchase all WF that a seller may have or represent.  Even trillions of dollars are no problem.  There is absolutely no limit.  Want “proof of funds”?  Ask the United States Government. 

This table shows the signature combinations you may encounter:

Series Begin Date End Date Treasurer of the
United States
Secretary of
the Treasury
1933 June 1933 Dec 1933 William Alexander Julian William Hartman Woodin
33A,34,34A, 35,35A Jan 1934 July 1945 William Alexander Julian Henry Morgenthau, Jr.
1934B,35B July 1945 July 1946 William Alexander Julian Frederick Moore Vinson

Pointe Group pays 70% of face value (FV) for Wells Fargo.  Brokers must negotiate their fees with Owners.  For example, if an Owner is happy with 65% of FV, then brokers will split 5% of FV.  Pointe Group can pay all 70% of FV to Owners or distribute negotiated Broker commissions as a free service.  The remaining 30% of FV (often called the Buyer's Discount) covers expenses such as the eventual shipping, insurance, banking, taxes, legal fees, staff salaries, and facilitator's profits.

The financial facilitator is a nobleman (a Duke by title) of the United Kingdom whose hereditary Peerage has held a contract with the United States Government regarding the repatriation of old US currency since 6 June 1997.  This is an exclusive contract.

The normal minimum Test Buy for Wells Fargo is $1 million FV or more in Makati ONLY.  We prefer a Test Buy of about $25 million FV.  Initially, we can buy about 250,000 notes (2,500 bundles) per day.  This is $25,000,000 per day in $100 notes.  Within a few days, if supply is evident, we can buy up to about 1.5 million notes per day.  This is 1500 kilograms (1.768 cubic meters) daily, or $150,000,000 per day of the $100 notes.  The only limitation is in the physical acts of authenticating and counting.   Everyone is paid at the same time per transaction.  

A preliminary "courtesy buy" of up to $50,000 FV daily can be made in Metro Manila to assist with transportation costs.  Upon accumulation the minimum Test Buy of $1 million FV, a team of authenticators will fly to the Philippines. 

To our knowledge, we are the only group currently in the Philippines who can transact large volumes of WF successfully.  There is NO LIMIT to the total amount you may wish to sell.  The ultimate buyer is the US Treasury and, by law, they make no profit in the process.

No product is transferred before payment.  No payment is transferred before product.  Standard, safe banking procedures apply.