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 Replies: 13 / Views: 1,660 |
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Rest in Peace
United States
9104 Posts |
The feds recently sold 125 large denomination notes that they stole from a ganster.
The last time a major hoard of high$ notes hit the market was when the Huntington National Bank found and sold a batch of them when preparing for Y2K. They depressed the market for years.
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Pillar of the Community
United States
564 Posts |
Sounds good to me. I want one of each!
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Pillar of the Community
Canada
3692 Posts |
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Moderator
 United States
14463 Posts |
as long as they were face value, getting one of each would be great and strange.  |
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Pillar of the Community
United States
4212 Posts |
I really dont see 125 pieces affecting the market.
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Pillar of the Community
United States
651 Posts |
Curious, I want to read more. Where can I read this?
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Pillar of the Community
United States
1031 Posts |
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Pillar of the Community
United States
1031 Posts |
They were found about 50 miles from where I live.  |
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Rest in Peace
 United States
9104 Posts |
http://www.myfoxchicago.com/dpp/new...ims-20110822Isn't the article I read, but popped up on a search for gangster $500 $1000 chicago125 notes is a fairly sizable amount, I'd say comparable to a newly discovered roll of svdbs coming on to the market. It's not like there are thousands of collectors putting together sets of them.
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Pillar of the Community
United States
1397 Posts |
The thing that would lessen the overall value of a note is if a large amount of notes not already counted in the population were found like someone finding a hoard in their bathroom wall that had been there for decades sort of thing. If notes are already counted in the population it shouldn't be a significant blow to the overall value.
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Pillar of the Community
United States
1151 Posts |
I think it will affect the market but not too extreme like it will drop the value a bit but not enough where it cant rebuild its self
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Rest in Peace
United States
9104 Posts |
5man-
That's exactly the situation here. Previously unknown notes, now slabbed, and the owner was imprisoned about 20 years ago.
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Pillar of the Community
United States
1745 Posts |
I'm surprised Geraldo Rivera didn't find it first.
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Pillar of the Community
United States
1397 Posts |
Quote:
That's exactly the situation here. Previously unknown notes, now slabbed, and the owner was imprisoned about 20 years ago. Your just full of all kinds of good news aren't you?  |
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Replies: 13 / Views: 1,660 |
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Posted 10/14/2011 11:18 pm
