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 Replies: 1,360 / Views: 314,782 |
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Valued Member
United States
196 Posts |
got a 1934 (New York) $100 Bill.
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Rest in Peace
United States
9104 Posts |
Quote:
Quote:
Does anyone else have a thing that looks like a checkbook, but instead there are one dollar bills?
Make your own. - Cut a piece of codbod to bill size, taper the sides.
- Square it up with a stack of crisp bills.
- Clamp together.
- Rubber cement the long edge overnight.
I did this with $2 bills when they first released them in 1976. |
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Pillar of the Community
United States
1227 Posts |
I work at a gas station, the other day had this guy come in and say "I need $10 on pump [whatever, I quickly forgot the number for understandable reasons!]." Handed me a small stack of bills. I barely glanced at the first one; it was going-on-brown and my first thought was "great, somebody's construction-project money." Then, as my coworker (on whose register I was working) came back, I glanced down and went "Hey, I want this!" and lifted it off the stack . . . also the one beneath it . . . and the one below that . . . . and as my jaw hit my chest I turned to my coworker (who's also a collector), spread a perfect fan of ten $1 silver certificates in front of her, and said "I'll split them with you."
We're now both the proud owners of four 1957 B and one 1935 F series certificates each. They're not in the most fabulous-ever condition (as you'd expect, being paper money in circulation), but they have NO tears, relatively even wear, no heavy folds (think of bills you get that seem ready to tear at any moment from how often they've been folded) . . . I've seen 2003 reserve notes that look worse!
. . . . I, um, may also have called the police to make sure we didn't get a collection that somebody'd applied a five-fingered discount to, because they kind of look like they've belonged to somebody for awhile. No word back yet, but now I'm in the 30-day waiting period before "finders keepers" applies.
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Pillar of the Community
527 Posts |
I found these today at Bank Of America. I don't think I'm going to keep the 50, but I want to keep the 20, until I find one in better shape. Is there a premium on that 20?   |
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Rest in Peace
United States
9104 Posts |
If someone brought me that $20 in mint, I'd tell them to spend it.
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Pillar of the Community
527 Posts |
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If someone brought me that $20 in mint, I'd tell them to spend it. If it is from 1950, that's ridiculous to suggest. |
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Rest in Peace
United States
9104 Posts |
Who's paying a premium on 20s from 1950b?
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Pillar of the Community
527 Posts |
People on ebay, and on top of that, some folks like the old bills that say "Will Pay To The Bearer On Demand" since it's an obsolete message. Edited by TheDanMan
04/20/2012 12:25 am
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Rest in Peace
United States
9104 Posts |
I checked closed auctions on ebay. The top price on a certified 66 note was $61.01. Let's see:
selling price: $61.01
selling fee/pp -9.15
grading fee -40.00*
net 11.86, three weeks grading, 7 days mail both ways, 7 days auction
my deal: 20.00, right this minute
*If you have five notes and don't mind waiting 16 weeks, you can cut this to $25 per, allowing a $6.86 profit. There were also 3 50b and a newer $20 that went for $89.00:
selling price $89.00
selling fee/pp -13.35
free shipping - 2.00
net 73.65
my way 80.00
Do you see why I tell people to spend them? |
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Pillar of the Community
527 Posts |
I'd much rather do all that with an uncirculated 1950 paper bill than devalue its condition by spending it.
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Rest in Peace
United States
9104 Posts |
You won't devaluate it, it'll be grabbed by someone else who'll hold it for 50 years, only to find out they can't get a premium for it.
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Pillar of the Community
527 Posts |
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You won't devaluate it, it'll be grabbed by someone else who'll hold it for 50 years, only to find out they can't get a premium for it. 1. The "someone else" who will grab a Series 1950 bill (or any bill for that matter) is only 10% of American citizens who collects coins and/or bills. I'm willing to bet the remaining 90% don't care to collect paper money or coins, so a Series 1950 bill would be spent at face value, regardless of the condition. 2. It's not about making a profit. As I said, I personally like the older paper bills that say "Will Pay To The Bearer On Demand" because the message is obsolete, and was later removed from small portrait bills. I always ask at banks of they have any small portrait notes, and any time they have older bills, they're usually no older than the 1980's. |
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Pillar of the Community
United States
2295 Posts |
I bet it is much less than 10% of the population that collect those notes. Probably much less than 1%.
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Pillar of the Community
United States
2295 Posts |
Quote:
Who's paying a premium on 20s from 1950b? On a CU note, just about anyone that collects notes. They are definitely worth above face value for a CU one. And they don't need to be certified, so that would save a bundle. Certified notes and coins are totally different. I don't consider them the same, since notes are much easier to grade. The 1950 B $20 with the pink ink on it, I don't think is worth saving, since the ink stain ruins the collector value of it. I personally wouldn't save it, since it'll be tough for it to ever increase in value, but it is your collection and if you don't have one and want one, that is the best way to get one, especially at face value.  |
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Pillar of the Community
United States
1227 Posts |
Found a 1995 small-portrait $5. Wondering if anyone wants it.
On a sidenote, I've had a fairish amount of $1 1999s turning up in my drawer lately. Are these something I should be pulling?
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Posted 04/13/2012 8:22 pm
