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Crisp Consecutive Polymer Notes

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Author Previous TopicReplies: 10 / Views: 1,732Next Topic  
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stevo1962's Avatar
Australia
908 Posts
 Posted 11/15/2012  4:32 pm Show Profile   Bookmark this topic Add stevo1962 to your friends list Get a Link to this Message Number of Subscribers
Hi everyone just got these out of an ATM this morning
Can anyone advise what year they are and if they are worth
keeping

Crisp-Consecutive-Polymer-Notes
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trout1105's Avatar
Australia
7096 Posts
 Posted 11/15/2012  4:55 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
On all polymer notes the first 2 numbers is the date of issue.
Yours start with 07 so that is the date.
the only interesting one is the repeater FB 07 486486 and may have a slight premium.
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stevo1962's Avatar
Australia
908 Posts
 Posted 11/15/2012  5:09 pm  Show Profile   Bookmark this reply Add stevo1962 to your friends list Get a Link to this Reply
I'm thinking that with the new design notes coming out these might be worth
hanging onto for 10 or 20 years
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trout1105's Avatar
Australia
7096 Posts
 Posted 11/15/2012  5:14 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
I'm thinking that with the new design notes coming out these might be worth
hanging onto for 10 or 20 years

If you like them keep them, but you could convert these into 6oz of silver and I recon THAT would be worth quite a bit in 20 years time
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stevo1962's Avatar
Australia
908 Posts
 Posted 11/15/2012  5:23 pm  Show Profile   Bookmark this reply Add stevo1962 to your friends list Get a Link to this Reply

Quote:
you could convert these into 6oz of silver


I will chew on your your reccomendation for a while Trout but I'm in florin mode at the moment and have my eye on a of early high grade ones
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trout1105's Avatar
Australia
7096 Posts
 Posted 11/15/2012  5:26 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
I will chew on your your reccomendation for a while Trout but I'm in florin mode at the moment and have my eye on a of early high grade ones


Now your talkin
Bedrock of the Community
sel_69l's Avatar
Australia
21786 Posts
 Posted 11/15/2012  8:14 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
To keep or not to keep: that is the question.
The inflation factor is what would drive drive my decision.

With an average inflation factor of 3%, the buying power of the notes will halve in 24 years
With an average inflation factor of 4%, the buying power of the notes will halve in 18 years
With an average inflation factor of 5%, the buying power of the noted will halve in 14 years
With an average inflation factor of 6%, the buying power of the notes will halve in 12 years
With an average inflation factor of 7%, the buying power of the notes will halve in 10 years
With an average inflation factor of 8%, the buying power of the notes will halve in 9 years
With an average inflation factor of 9%, the buying power of the notes will halve in 8 years
With an average inflation factor of 10% the buying power of the notes will halve in 7 years
With an average inflation factor of 11% the buying power of the notes will halve in 6.5 years.

Can you guess what he variable inflation factor will be over the period of your investment?
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enworb's Avatar
Australia
4411 Posts
 Posted 11/15/2012  8:16 pm  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
I would keep the repeater and not the others. I collect repeaters and would be interested in it if youre not. If they were a run of first or last prefix then that would be a different story.
Valued Member
Australia
428 Posts
 Posted 11/16/2012  12:56 am  Show Profile   Bookmark this reply Add keldaw2222 to your friends list Get a Link to this Reply
will you still be here in another 20 years ?

that is the question ?.

i like trout,s idea ..

,, kel ,,
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FNQ's Avatar
Australia
507 Posts
 Posted 11/16/2012  10:18 am  Show Profile   Bookmark this reply Add FNQ to your friends list Get a Link to this Reply
An ATM that only dispenses $20 notes! Where do you find these? I have to keep coming up with (n x 50) + $80 combinations to get a maximum haul of 4 20's, other than over the counter... lol
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stevo1962's Avatar
Australia
908 Posts
 Posted 11/17/2012  12:32 am  Show Profile   Bookmark this reply Add stevo1962 to your friends list Get a Link to this Reply
I went back 3 times and withdrew $80 each time
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