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-   -   100 Dollar Bill (http://goldismoney.info/forums/showthread.php?t=304760)

Silver Pirate 09-23-2008 05:22 PM

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

SilverNuts@Bolts 09-23-2008 05:26 PM

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.

GoldandCountry 09-23-2008 05:42 PM

Re: 100 Dollar Bill
 
Quote:

Originally Posted by Silver Pirate (Post 1308697)
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




Probably not unless it is in a very high grade. For example, circulated $100 bills from the 1930s typically sell for only $110 today.

Tallships 09-23-2008 05:49 PM

Re: 100 Dollar Bill
 
I have one with a star behind the serial, but that is the only reason I kept it.

Hellsbane 09-23-2008 05:57 PM

Re: 100 Dollar Bill
 
Quote:

Originally Posted by Tallships (Post 1308755)
I have one with a star behind the serial, but that is the only reason I kept it.


Arn't star notes ones produced to replace notes that had an error on them?

Tallships 09-23-2008 05:59 PM

Re: 100 Dollar Bill
 
Yes. Mine is immaculate and about 10 years old. I think it might fetch me something in the future.

GoldandCountry 09-23-2008 11:15 PM

Re: 100 Dollar Bill
 
Quote:

Originally Posted by Tallships (Post 1308766)
Yes. Mine is immaculate and about 10 years old. I think it might fetch me something in the future.

Yes, star notes are replacement notes and are definitely worth more than other notes.

Sparky 09-23-2008 11:51 PM

Re: 100 Dollar Bill
 
Yes, I think in a few years it will be worth fifty dollars.

silverblood 09-24-2008 12:00 AM

Re: 100 Dollar Bill
 
And by the time all the bailouts are done, it'll probably fetch two bits.

HistoryStudent 09-24-2008 10:04 AM

Re: 100 Dollar Bill
 
Quote:

Originally Posted by Sparky (Post 1309432)
Yes, I think in a few years it will be worth fifty dollars.

Or perhaps $10 or even $1 the way they are digitalizing -

Heck this latest month is 10 trillion figured out.

Twisted Avatar 09-24-2008 10:14 AM

Re: 100 Dollar Bill
 
1 Attachment(s)
I like these

silverwood 09-24-2008 01:05 PM

Re: 100 Dollar Bill
 
Quote:

Originally Posted by Tallships (Post 1308766)
Yes. Mine is immaculate and about 10 years old. I think it might fetch me something in the future.

Yeah, you'll probably get 4 or 5 gallons of gas for it!:D

Juristic Person 09-24-2008 01:58 PM

Re: 100 Dollar Bill
 
Quote:

Originally Posted by Silver Pirate (Post 1308697)
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

Simple answer ------> :no_ma:

HistoryStudent 09-24-2008 02:14 PM

Re: 100 Dollar Bill
 
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.

Silver Pirate 09-24-2008 05:24 PM

Re: 100 Dollar Bill
 
Thanks all, your answers/statements make good sense to me.

HistoryStudent 09-24-2008 09:35 PM

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.

Hellsbane 09-25-2008 12:59 AM

Re: 100 Dollar Bill
 
Quote:

Originally Posted by Twisted Avatar (Post 1310018)
I like these


I have 4 silver certificates, but they are pretty worthless. Two are 1937 and two are 1956.

Juristic Person 09-25-2008 01:47 AM

Re: 100 Dollar Bill
 
Quote:

Originally Posted by Hellsbane (Post 1311681)
I have 4 silver certificates, but they are pretty worthless. Two are 1937 and two are 1956.

What do you want for one of the 1956 certificates?

Mujahideen 09-25-2008 02:57 AM

Re: 100 Dollar Bill
 
paper = paper

Buy PMsr with that crisp $100 star federal reserve note.

You will feel better.

madfranks 09-25-2008 03:18 PM

Re: 100 Dollar Bill
 
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.

SLV>GLD 09-25-2008 03:23 PM

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.

Silver Pirate 09-25-2008 07:06 PM

Re: 100 Dollar Bill
 
Good post madfranks, thanks!

BigGoldenSack 10-01-2008 11:19 PM

Re: 100 Dollar Bill
 
Quote:

Originally Posted by SilverNuts@Bolts (Post 1308708)
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.

they also have the same kind of thing at most casinos. i've hade a friend from canada cash in cadena bills at the cash out window

ewomack 10-02-2008 01:08 PM

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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