2003 100$ Bills Bke Opinion

You might get 120 to 140 bucks for them

Yes these fall in the Jenkins Dodge Replacement Group 2 category as long as you have all your letters and numbers correct. I agree you are going to have a hard time finding someone to pay a consecutive premium on these when they are already quite pricy. I would think on the low end you will get $400 for the 65's and on the higher end you could get 600+ on the 66's. As mentioned you could put one or two out there, maybe on either end of your range, and test the waters. It's hard to imagine someone paying $8,000+ for the entire set, but I suppose anything is possible. Likely beat bang for your buck is to have one at a time for sale and leave a little time between each one so you don't flood the market.

I'm not sure where the suggestion of 120-140 each is coming from but I would ignore that one. :)

Not sure I would equate a dealers price to a fair price on a lot of items. They typically offer 50% of guide on bills at most, and buying in bulk much less. On bullion they will offer you less than melt typically. Is that reasonable? Of course it is, they have to make money on it and may sit on it for a while. Is that a fair price? Not according to auction prices, which are typically well above melt, even with fees deducted, especially on bullion issues that are considered "rare". It's certainly more convenient to dump a bunch of items on a dealer and take their price but I don't think I would ever expect anyone to tell me that the price they got there is fair market value.

I would consider a fair price to be what you can hope to achieve in auction, somewhat consistently. (Although obviously that doesn't always go well!)Thus the suggestion to put a note up for auction and see how it goes. It might be that you get a lot less than guide, but it is likely it will still net better than the dealer price. It's partly a question of how much work you will put into it. $20-40 over face value on a replacement note, even a more common recent one, doesn't sound fair to me at all. I don't consider that advice to be helpful or realistic.

Obviously fair is subjective so YMMV. I also think that throwing the numbers out with no qualifications at all isn't helpful. If that's really what a dealer would pay then say that's where the feedback is coming from.

A question for you on consecutives. If you had two consecutive 1923 DoC $1 bills in MS65 of a more common type you wouldn't think that might be more desirable than each singly? Granted your base of purchasers will shrink appreciably, but I think it's quite likely you could get a premium for the consecutives. What about 1935 $25 in AU or better. Worth more singly or together as consecutives? 1878 $1 St Johns in EF or better consecutive? Anyways my point is that sometimes it will be possible to get a premium. I have no idea if there is likely one in 2003 $100's but I don't believe it's always the case that there is no premium. There are very high end collectors that are always on the lookout for the best they can find in anything.

I have no CCCS notes so no comment on that. PMG sucks bad enough. Agreed that BCS is decent for all I have.

I don't collect $100 'high denomination' banknotes but I do believe that a dealer's price (esp on a large LOT such as 15 consecutive banknotes) is not an unreasonable place to start. I didn't write that it was necessarily "fair" - only, perhaps, that it was "John100" opinion of a fair price. The goal of my reply was simply to give the owner of the 15 notes a different perspective since they asked. I wish I could be more supportive (positive even) but the real litmus test is to put them on auction starting for $10 & see what happens. Why start them at BV if everyone wants them?

I'm also with "John100" when it comes to insert replacements because I hardly know any collectors interested in modern inserts. Obviously, there must be a market for them but I do believe that this market is far softer than Charlton's suggested BV's. I actually bought 2 tough 2001 PMG UNC66 EPQ inserts for 50% BV about 2 years ago & I can assure you that both are far more uncommon than the OP's note (b/c they're also change-overs).




Each hypothetical example you provided is based on super desirable banknotes! Older DOC & BOC's 1935 short-lived debut series cannot be compared to post-1954 series. May as well compare apples to oranges. In these special cases YES indeed: we will find the "big boys" who frequent Heritage, laying down serious bucks for some of the examples in consecutive if they're TPG (Original/EPQ) & presented with excellent eye appeal (esp in a hot, healthy market). Anything can happen in a real auction scenario (& in the scenarios you presented bidding wars may be possible).

However, try that same hypothetic auction for 1973 or newer & we're speculating on a whole different "ball game." Even, if the listing was for a rare/scarce *(asterisk) replacement (*AA above 5M: *AB; *FB; *FH or *MD, for example) I doubt that the final bid would be more than what one of these has achieved in recent auctions. I believe that what would be paid for (the run of 15) would likely be far less than 1 single auction result (since collectors would suddenly question the data/# compiled by Charlton). This is my opinion- but I'm sure you'd see the price of each scarce prefix decrease just as it did for the 1954 *N/Y $1.00 (& several other Modified replacements) after runs were auctioned off. Once runs of asterisk replacements are found the market typically cools (corrects) for the same note.

While indeed, we're seeing pretty odd stuff in today's market (esp with COVID19 sucking the life out of the economy) I doubt you'll see anyone speculate on 17 year old $100 inserts (& want to buy 3 let alone 15).