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Valued Member
United States
482 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
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New Member
United States
24 Posts |
It's history. Can you imagine who would have had this bill in that year.
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Bedrock of the Community
United States
10520 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? Tantum religio potuit suadere malorum.-Lucretius "Just because you're paranoid don't mean they're not after you." -Kurdt Kobain "Language is the source of misunderstandings." -Antoine de Saint-Exupéry My Want List: http://goccf.com/t/282022
Edited by spruett001
09/16/2018 12:58 am
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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.
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Pillar of the Community
United States
2431 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.
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Bedrock of the Community
United States
44035 Posts |
Good advice. Condition isn't the best, but it's a real conversation piece!  to the Paper Money Forum! |
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Pillar of the Community
United States
742 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 172! 218 BC x 1, 118 BC x 3, 18 BC x 1, 82 x 1, 182 x 1, 282 x 2, 582 x 2, 682 x 1, 782 x 2, 882 x 1, 982 x 3, 1082 x 1 1182 x 8, 1282 x 2, 1382 x 1, 1482 x 5, 1582 x 12, 1682 x 13, 1782 x 41, 1882 x 45, 1982 x 26
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Pillar of the Community
United States
992 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.
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Pillar of the Community
United States
3058 Posts |
From the photo shown, it looks like an $850 note.
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Bedrock of the Community
United States
44035 Posts |
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Pillar of the Community
United States
2181 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
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Pillar of the Community
United States
3415 Posts |
Agreed $800-850 is about right. Maybe a bit more on a good day.
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Valued Member
United States
482 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.
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Bedrock of the Community
United States
10222 Posts |
How can you go wrong with a genuine $500 note? Very cool.
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Pillar of the Community
United States
4127 Posts |
That is a great item to have in a collection!  ANA member: 3178122 NTCA member: 10118
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Posted 09/16/2018 12:56 am
