| Author |
 Topic  |
|
|
Valued Member
United States
82 Posts |
Hi All, My husband just brought this $500.00 bill out to show me..(since ive been obsessed with looking at coins) He wanted me to ask you experts if this is something he should hang onto, and if not would it be worth more than $500.00? Thanks   Edited by Rabbithole1
09/16/2018 8:40 pm
|
|
|
|
New Member
United States
24 Posts |
It's history. Can you imagine who would have had this bill in that year.
|
|
Pillar of the Community
United States
8113 Posts |
I am no expert, just interested, but I do believe the note is worth moderately more than face value. Here is a very similar (if not worse condition) graded note that sold for a couple hundred over face: 362358574948Can you post full pics of both sides? "Baseball gets you out in the fresh air and keeps you from talking about your neighbors." -Lib Dooley My Want List: http://goccf.com/t/282022Edited by spruett001
09/16/2018 12:58 am
|
|
Pillar of the Community
Korea, Republic Of
1877 Posts |
Even in beat-up condition, I'd say any $500 or $1000 notes are worth holding onto as they will carry some premium over face value. Some folks here in Korea have been lucky enough to locate them in banks, as some people will just cash them in unaware of the numismatic value.
|
|
Pillar of the Community
United States
1453 Posts |
Virtually all high denomination ($500 $1,000) notes have value above face. How much, ultimately depends upon condition. I would get it into a Mylar currency sleeve to help protect it against further damage.
|
|
Bedrock of the Community
United States
28797 Posts |
Good advice. Condition isn't the best, but it's a real conversation piece!  to the Paper Money Forum! |
|
Pillar of the Community
United States
700 Posts |
In terms of funding a retirement, I'm not sure this will keep up with inflation. Keep it as a "cool story".
My hoard of '82s is up to 139! 218 BC x 1, 118 BC x 3, 18 BC x 1, 182 x 1, 282 x 1, 582 x 1, 682 x 1, 782 x 2, 882 x 1, 982 x 3, 1182 x 7, 1282 x 2, 1382 x 1, 1482 x 4, 1582 x 11, 1682 x 12, 1782 x 33, 1882 x 36, 1982 x 18
|
|
Pillar of the Community
United States
987 Posts |
Immediately place that note into a polyethelene holder for archival storage. Don't take it with you to the store you buy the holder from, leave it alone until you take care of it.
|
|
Pillar of the Community
United States
3017 Posts |
From the photo shown, it looks like an $850 note.
My name is Devin, and I have been collecting now for around 3 1/2 years. I love all US coinage. I set up at coin shows and sell on eBay with my dad Visit my website: https://www.InGodWeTrustCoinsAndCurrency.com/ |
|
Bedrock of the Community
United States
28797 Posts |
|
|
Pillar of the Community
United States
1297 Posts |
I would agree with coinlover that that could be an $800-$850 note in that condition (VG-F) (from what we can see).
KK
|
|
Pillar of the Community
United States
2072 Posts |
Agreed $800-850 is about right. Maybe a bit more on a good day.
|
|
Valued Member
United States
82 Posts |
Thank you ALL for your advice! I went down to the coin shop and they gave me a sleeve to put it in:) That is why the picture of the back has a reflection.
|
|
Pillar of the Community
United States
8752 Posts |
How can you go wrong with a genuine $500 note? Very cool.
|
|
Pillar of the Community
United States
2339 Posts |
That is a great item to have in a collection!  Everyday is a great day. Semper Fi. ANA number: 3178122 NTCA number:10118 My Wants List: http://goccf.com/t/188411 |
| |
Topic |
|
Posted 09/16/2018 12:56 am
