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Valued Member
United States
77 Posts
 Posted 09/07/2013  5:44 pm  Show Profile   Bookmark this reply Add Beckals to your friends list Get a Link to this Reply
I've held on to them simply because you don't find decent condition older bills being circulated anymore. As a teller at a credit union, I can say that I have seen A LOT more old style 100s coming through than previously, but none in crisp condition. I hope it's not a sign that the economy is sucking people so dry that they're pulling out their 'shoe box' stashes of cash just to survive.

But.. all of that aside, I think they're prettier than the rest I've seen. As I find better condition bills, I switch out the ones I already have. Being able to pay face value works out better for me that to pay a premium price for a note I couldn't get the same amount out of as spending cash. The $300 I've got tied up in bills is a pretty decent amount of cash for me to have set aside.
Valued Member
The Bill Collector's Avatar
United States
486 Posts
 Posted 09/07/2013  6:17 pm  Show Profile   Bookmark this reply Add The Bill Collector to your friends list Get a Link to this Reply
Well Beckals,
I agree that $ 300.00 is a pretty decent amount of cash for anyone to set aside, especially the way the country is going, a year from now your $ 300.00 in cash may only buy you $ 250.00 in food etc. as most know the buying power of the dollar is going down, not up, seeing the way things are working out you may be better off putting something aside that will grow in $$$, not go down in value. That is the reason I was asking why guys are saving notes like that. It's very possible to take that same $ 300.00, invest in stuff like real collector notes and maybe in a years time it could be worth a few more dollars or even more than a few $$$
Bill Collector

Edited by The Bill Collector
09/07/2013 6:20 pm
New Member
United States
2 Posts
 Posted 09/09/2013  3:25 pm  Show Profile   Bookmark this reply Add TommyCoins to your friends list Get a Link to this Reply
Interesting points, Bill Collector. I tend to save old bills I come across, like the above. I guess every time I do that, I'm making an unconscious decision to NOT spend that cash on more desirable collectable notes. You're probably right - that money, if not spent on everyday things, can be better put to use elsewhere.
Pillar of the Community
CoinsKelly's Avatar
United States
3453 Posts
 Posted 09/09/2013  5:01 pm  Show Profile   Bookmark this reply Add CoinsKelly to your friends list Get a Link to this Reply

Quote:
I"m going to dissent and say spend them, but that's only because I'm a grumpy old man who can't believe that people think the bills I've spent most of my life are suddenly collectible now...


Great response barryg !
Valued Member
United States
77 Posts
 Posted 09/09/2013  8:49 pm  Show Profile   Bookmark this reply Add Beckals to your friends list Get a Link to this Reply
Any examples of bills I could buy for $200 (assuming I keep the 100*note) that may pay me more in a years time? Or in 2 years time? I am yet to search for things to collect, and have only been collecting things I find for the last couple years or so.
Valued Member
The Bill Collector's Avatar
United States
486 Posts
 Posted 09/10/2013  10:48 pm  Show Profile   Bookmark this reply Add The Bill Collector to your friends list Get a Link to this Reply
Beckals,
If any of us knew what was going to go up in value we would all be rich. But collecting is not all about how much money can be made off a collection, really, that's not what collecting is all about.

Try an have a positive road to travel, pick some way to collect, have a goal to try an complete some kind of a collection. Collecting hit or miss is not the way to go. Build a collection of some type. If it turns out your collection is worth something in the future that's great, if not so what, you will have a lot of fun along the way. Letting your money set doing nothing is not a good thing to do, investing hit or miss is also not a good thing to do in this day and age.
Bill Collector
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