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Advice Please Goatieman

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enworb's Avatar
Australia
4411 Posts
 Posted 04/25/2012  9:39 pm Show Profile   Bookmark this topic Add enworb to your friends list Get a Link to this Message Number of Subscribers
Just got a 1996 $100 AA prefix. Probably VF. Worth anything above face value or should I take it back for more noodling cash?
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goatieman23's Avatar
Australia
869 Posts
 Posted 04/25/2012  10:22 pm  Show Profile   Bookmark this reply Add goatieman23 to your friends list Get a Link to this Reply
Enworb...it's a yes &/or no scenario.

MY LIKES
It's the first prefix of our first $100 polymer note
They are becoming scarcer & scarcer because the population have taken them out of circulation
It will be worth something, but not for many more years, it's frustrating but it's a buyers market.

MY DISLIKES
The $100 have only had 5 print years, whereas all of our other notes have had at least 10 print years.
It's a 16 year old note & the catalogues don't put any emphasis on lower grade types
$100 notes aren't used often enough for spending...only 2/3 of the total $100 notes have been released into circulation.
My issue with the $100 AA96 is that it accounts for almost 0.5% (0.47) of the current circulating $100 notes. Realistically, theoretically, that's an assumption that the likelihood of finding one would be close to 1-in-200 $100's checked.
The fact that people are only really buying high grade examples. http://www.ebay.com/csc/i.html?_nkw...0.m270.l1313

Overall, to me it's a piece of history, but it's an expensive note. I don't think people are ready to start collecting high priced notes unless if it's like a 1996 $100 test note first or last prefix.
To me any $100 AA note in exceptional condition is just like a standard $100 test note...there's a lot out there but people only want the scarcer ones.

I'd tell you to reinvest, but with $100, there's only so much you can do with it, but at the same time, so much you can do with it.
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Enlil's Avatar
Australia
560 Posts
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goatieman23's Avatar
Australia
869 Posts
 Posted 04/25/2012  11:23 pm  Show Profile   Bookmark this reply Add goatieman23 to your friends list Get a Link to this Reply
Enlil, a very interesting page/site, of course it had to be the Vort Report himself, only he could do the best job.
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enworb's Avatar
Australia
4411 Posts
 Posted 04/26/2012  01:58 am  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
Thanks goatieman. As you said $100 is a lot to spend to keep the note so it is now $100 of 50c coins for noodling later tonight. Thanks for the detailed reply. I have been hunting a $5 radar for over a month now and still cant find one. I've been through $4100 of $5 notes and havent got one yet so fingers crossed the next time I go I will get one. Did find a 2006 $5 06 111911. I know you dont like the term but this is an 'almost solid' serial?
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goatieman23's Avatar
Australia
869 Posts
 Posted 04/26/2012  03:18 am  Show Profile   Bookmark this reply Add goatieman23 to your friends list Get a Link to this Reply
Just remember with those $5, that's 820 notes...judging by the ratio of radar you're almost there (if only it wasn't all theoretical).

I did once use the term, but now I just use interesting serial. Nice find.

I have seen the following terms used by people selling on ebay:
Almost solid
Nearly solid
The terms get people looking. Each to their own.
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