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Replies: 22 / Views: 4,032 |
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Bedrock of the Community
United States
94367 Posts |
I have a couple of higher grade examples, and they are still reasonably priced.
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Pillar of the Community
United States
4809 Posts |
A fun find for sure. I found a 1934 $20 in my paper route money many moons ago. I think it's worth around $22.
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Bedrock of the Community
United States
94367 Posts |
If you sell it, please report the gain to the IRS. 
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Valued Member
United States
177 Posts |
Quote: If you sell it, please report the gain to the IRS. He'll probably have to declare a loss. It isn't worth what it was in 1928, and it's no longer redeemable in gold... 
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Bedrock of the Community
United States
94367 Posts |
Sorry, all of this sounds inspiring, but under the current tax code, he would still be liable for the tax on two bucks - less expenses! 
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Rest in Peace
United States
2668 Posts |
I love the distinction between the U.S. Treasury and the Federal Reserve. I need to get one of these and frame it. 
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Valued Member
United States
177 Posts |
Quote: I love the distinction between the U.S. Treasury and the Federal Reserve. Don't get me started....
Edited by Aahz 08/01/2015 8:48 pm
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Valued Member
United States
100 Posts |
I work as a teller at 5/3 Bank in Chicago. I have found countless '34s, a couple of silver certificates, several US notes and been able to complete rolls of silver halfs (40 and 90) quarters and dimes. This is really cool though! Wish I found a '28. My fiance pulled a '28 $20 from her Walgreens register though...anyways....really cool find!
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Bedrock of the Community
United States
94367 Posts |
Aside from the silver, do you keep any of the notes?
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Valued Member
United States
100 Posts |
Anything 1950 or older (where it has the "pay to the bearer clause") I buy for my collection along with US notes and silver certs. I figure they are over 50 years old and don't deserve to be destroyed. Before I got there any small head notes were automatically pulled to be sent to the FED for destruction. They have since just let me buy them. The non-clause notes 63+ I buy if they are CU. I have gotten a couple of $20s and $50s this way. I am hoping for the day someone comes in with a gold certificate...however ratty it might be. A man can hope haha
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Bedrock of the Community
United States
94367 Posts |
It could happen! Someone I know received a FRBN brown seal (actually not that beat up) a year or so ago.
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Valued Member
United States
100 Posts |
That's funny you say that, about 6 months ago one of my other tellers got a $100 FRBN from Chicago in a BRINKS cash shipment...
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Bedrock of the Community
United States
94367 Posts |
His was a Boston $10, sort of mid-VF. I sold it for him on the local bid board for, I think, $22.
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Valued Member
United States
171 Posts |
I was a teller in the past... the oldest find was a 1928 $100 Note. Looked up the price, but at the time was only worth $5 or so more... wasn't enough justification to buy it.
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Bedrock of the Community
United States
94367 Posts |
Still always great to hold one of these old numericals in hand!
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Replies: 22 / Views: 4,032 |
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