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 Replies: 27 / Views: 3,630 |
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Bedrock of the Community
United States
94367 Posts |
Out of circulation, I just don't see any possible upside here.
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Pillar of the Community
United States
800 Posts |
congrats  |
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Valued Member
 Korea, Republic Of
489 Posts |
Quote:
Out of circulation, I just don't see any possible upside here. What do you mean? |
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Bedrock of the Community
United States
12477 Posts |
I also don't know what that means. Whether it's a keeper or not, like any other $100 note, it's still worth $100, right? It looks to be in excellent condition. I have $100 worth of average nickels that I haven't cashed in yet but, they aren't burning a hole in my pocket, per se. Oh, and by the way, Congrats on the radar!  In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
Edited by spru
04/03/2017 03:31 am
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Pillar of the Community
 United States
3058 Posts |
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Valued Member
Korea, Republic Of
489 Posts |
Quote:
It looks to be in excellent condition. It was pulled straight out of the new stack at the bank, so it is in really good condition. I made sure when I pulled it out that it was super safe and went straight to my book. |
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Bedrock of the Community
United States
12848 Posts |
It's $100, a lot of money to tie up that could be spent on other numismatic interests that are not as speculative as notes with cool serial numbers when it comes to value. You might be able to sell it on ebay for a premium but you'd return much of your profits in fees. It's still very cool and if it makes you happy, great! Collect how and what you like. Edited by CelticKnot
04/03/2017 9:50 pm
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Valued Member
Korea, Republic Of
489 Posts |
Quote:It's $100, a lot of money to tie up that could be spent on other numismatic interests that are not as speculative as notes with cool serial numbers when it comes to value. You might be able to sell it on ebay for a premium but you'd return much of your profits in fees. That makes a lot of sense, but I am by no means pinching pennies to collect stuff. Truthfully, yes, I could sell this and buy other coins, but I have been looking for one of these in the wild for a while. :) I like it a lot and won't be getting rid of it.  |
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Pillar of the Community
United States
2917 Posts |
Cool find!
CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
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Bedrock of the Community
United States
12477 Posts |
So what's the obvious downside, Coinfrog? I'm still trying to figure out the comment.  In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
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Valued Member
Korea, Republic Of
489 Posts |
I think he meant "Out of circulation, I just don't see any possible downside here" because he points out that its out of circulation, which makes it a luckier pick. :P
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Bedrock of the Community
United States
94367 Posts |
spreuett - the downside is the opportunity cost of a hundred bucks sitting idle indefinitely when it might be spent on something with more upside potential. Put differently, this note will unlikely be worth more than $100 ten years from now. But if you invest it now in something truly scarce (which this is not), you'll likely show a nice gain over the same span.  Edited by Coinfrog
04/05/2017 7:32 pm
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Bedrock of the Community
United States
12848 Posts |
 totally with that statement. I also have more than a few things in my collection fall into that category (wrinkly star notes, jars of circulated Kennedys, etc.).  To each their own! |
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Pillar of the Community
United States
2850 Posts |
I agree with Frog on this one. If I had the option to hold this bill or buy something really scarce or a nice piece with it, 10 out of 10 times I'd spend it.
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Valued Member
Korea, Republic Of
489 Posts |
Frog (and anyone), what would you buy with this? I see what you mean. I may just sell it and then use the money to get something sweet. Lets say I sell it and it sells for $140-150; what would you all buy?
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Posted 04/02/2017 9:28 pm
