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100 Dollar Bill
From a numismatics side, would an old 100 dollar US bill be worth anything in the future? Not real old, like 1995. I know for awhile there (and maybe still) they were changing the bills a couple of times to try to stop counterfeiting.
And I don't mean, would a 100 dollar bill be worth anything because of the paper, ink, etc. I mean for collector's purposes would it be worth anything? Kind of like how you can buy old paper money on Apmex for a lot more than the bills listed dollar amount. I ask because I have a couple old "mint" condition hundred dollar bills that I saved in the 90s because I thought maybe they would be worth something to a collector some day. What makes some money more valuable than others? Like the old buffalo nickels, are they worth more because of a low mintage? Do you think there are so many 1990's 100 dollar bills out there that they probably wouldn't ever be a collector's item? I know this all may be unanswerable. Or, maybe it would take a couple hundred years before it would become a collector's item. Just curious what your thoughts are! Thanks |
Re: 100 Dollar Bill
Not really. I had a Canadian 100$ bill, that was almost 100 years old. The bank didn't want to take it back and only after they checked the book of bills [didn't know they had those] did they give me new bills. A collector might have given me extra; enough for postage.
I have Roman coins, also not worth much. |
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Probably not unless it is in a very high grade. For example, circulated $100 bills from the 1930s typically sell for only $110 today. |
Re: 100 Dollar Bill
I have one with a star behind the serial, but that is the only reason I kept it.
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Arn't star notes ones produced to replace notes that had an error on them? |
Re: 100 Dollar Bill
Yes. Mine is immaculate and about 10 years old. I think it might fetch me something in the future.
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Yes, I think in a few years it will be worth fifty dollars.
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And by the time all the bailouts are done, it'll probably fetch two bits.
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Heck this latest month is 10 trillion figured out. |
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I like these
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It will rhyme with this:
http://en.wikipedia.org/wiki/Hyperinflation Except times 10! Because we are adding 15 trillion to the debt last month PLUS we are stuck with 60 trillion in liabilities. Not to mention the deficits in trade, current accounts, and domestic; and to make matters worse we are the largest debtor nation in HISTORY with no real savings. All the Liberals touted the "borrow you sweet A$$ to wealth;" and the FOOLS thinking themselves wise did exactly that - only they signed their own FINANCIAL DEATH WARRANTS - in blood - their own. |
Re: 100 Dollar Bill
Thanks all, your answers/statements make good sense to me.
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Re: 100 Dollar Bill
PS I collect all precious metal coins. They have some inherent PM value - I buy as close to that as I can. That said, I do buy MS65 Saints.
Heck last year I bought a 1922 $20 Saint for $1,700.00 it retails out now at $5,300 PCGS. Gold was cheap - the coin was cheap on http://www.gainesvillecoins.com/ I never touch paper anything. Anybody can copy anything paper and some real sharp copy machines can do better than a COUNTERFEIT one. Study 40 hours before you buy your first NUMISMATIC coin - period. |
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I have 4 silver certificates, but they are pretty worthless. Two are 1937 and two are 1956. |
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paper = paper
Buy PMsr with that crisp $100 star federal reserve note. You will feel better. |
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I ran into just this exact problem a couple of months ago. My journey into PMs started in numismatics. I have a nice collection of coins and HAD a nice collection of bills. I noticed over the years that my coins (silver and gold ones) were appreciating way faster and higher than the paper bills were. I decided it was time to trade the paper for the AU/AG. I took them to a coin show and found the best table where the guy was basically a paper money dealer. I showed him all of my bills and as for the pristine, perfect examples of FRNs, even going back to the 50's and earlier, he told me they were only worth face value, that nobody would think of paying more for them. I was sort of blown away, I thought for sure there would be some collectable value in a crisp $100 old style FRN. It is still too new for it to be collectable. You need some old school large style notes or silver/gold certificates or notes issued from state banks before you'll see the collectable value overshadow the face value.
My advice, trade the paper for silver now, and in a couple years look back and see what the $100 FRN would have been worth versus the silver you have now. |
Re: 100 Dollar Bill
My adventures in PMs began with a bunch of paper notes and V-nickels someone gave me. I was glad to be able to trade the notes at face and some even brought a premium. Too bad that metal has significantly depreciated since. I have faith.
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Good post madfranks, thanks!
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Re: 100 Dollar Bill
Most pocket change (especially today's) doesn't accrue value unless its in immaculate shape and over 100 years old. Same with bills. As said on other forums: don't buy old money for an investment, buy it for pleasure.
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