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Value Of A Solid 8 On 5 Dollar Bill That Is Worn?

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New Member

United States
11 Posts
 Posted 05/13/2013  09:51 am Show Profile   Bookmark this topic Add Shoot4thestars to your friends list Get a Link to this Message Number of Subscribers
i am new to this site so forgive me if I am breaking a rule. I read in the past
" Posted 08/19/2007 09:39 am Show Profile Email Poster [Tykimeister's CCF Auctions] Bookmark this reply Add Tykimeister to your friends list Get a Link to this Reply
Serial numbers on bills are very important when it comes to collectors who really like unique serial numbers. Here are some examples:
Solid Serail Number 77777777 or 11111111
Ladder Serial Number 12345678 or 87654321
Repeater Serial Number 12341234 or 21342134
Radar Serial Numbers 12344321 or 98766789
Low serial Numbers 00000021 or 00000134
High Serial Number 99999912

The number 8 is considered lucky to the Chinese. If you found a note with solid 8's some Chinese people will pay millions for them. Currency with solid 8's in Asia are destroyed when they are printed because of this.

Even if a serial number is 00009999 then it would carry a premium. But the more solid the number, the better.
Ty"

that the price of nothing but 8's was worth millions? is this true? please aid me in what I can true value is? I greatly appreciate any feedback.
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GoldenChest's Avatar
United States
814 Posts
 Posted 05/13/2013  10:21 am  Show Profile   Bookmark this reply Add GoldenChest to your friends list Get a Link to this Reply
I dont know if thats true or not. I have a hard time believing that anyone would pay millions for a soild serial.
1's 7's and 9's carry the highest premiums but they are still under $1000 even UNC. Usually about $500-$750. Id imagine a worn note would be worth considerablly less.
I almost forgot.
to CCF!

Now you asked about a worn $5 note in your title. Do you have such a note? If so can you post pictures? We love pictures here. Thanks!
Edited by GoldenChest
05/13/2013 10:26 am
New Member
United States
11 Posts
 Posted 05/13/2013  10:45 am  Show Profile   Bookmark this reply Add Shoot4thestars to your friends list Get a Link to this Reply
Thanks for the warm welcome. I do in fact have such note. Here is a pic as requested

Value-Of-A-Solid-8-On-5-Dollar-Bill-That-Is-Worn?

*** Edited by Staff to add images to post. ***
New Member
32 Posts
 Posted 05/13/2013  12:57 pm  Show Profile   Bookmark this reply Add coinhunter9 to your friends list Get a Link to this Reply
*** Edited by Staff - Please Review the rules that you agreed to when you registered. ***
Valued Member
United States
137 Posts
 Posted 05/13/2013  4:57 pm  Show Profile   Bookmark this reply Add nationals to your friends list Get a Link to this Reply
It is true that 8 is a lucky number to Chinese people. However, the note is not worth millions. Nor are solid 8s destroyed anywhere. I would say your note is worth between $1,000 and $1,500. That might be generous due to the condition.
New Member
United States
11 Posts
 Posted 05/13/2013  10:29 pm  Show Profile   Bookmark this reply Add Shoot4thestars to your friends list Get a Link to this Reply
Thanks to all who participated in answering my original question. Your answers were not only helpful but a delight to read.

I known it is my first day at this forum and I normally don't judge things until a week or so goes by but I feel I am going to enjoy this forum.

Sad to say I have one more question for you guys, what to do? keep it for the plausible luck and memories or trade it in for some cold hard cash? Both has its own downside. Keeping it, I run the risk of losing/or destroying the bill or selling it and getting ripped off. Most of you probably had similar items found and possible sold off which action would you advise I take?

P.s. Thank you, to the 'staff' that adjusted my image for me. I will try to abide to your format in the future.
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GoldenChest's Avatar
United States
814 Posts
 Posted 05/13/2013  10:34 pm  Show Profile   Bookmark this reply Add GoldenChest to your friends list Get a Link to this Reply
I to would also like to try to buy this note should you choose to sell it.
Valued Member
Woodford's Avatar
United States
207 Posts
 Posted 05/14/2013  12:35 am  Show Profile   Bookmark this reply Add Woodford to your friends list Get a Link to this Reply
Shoot4thestars,

If you do decide to sell it, I would definitely send the note to be graded by a third party grading service such as PCGS or PMG. It would most likely add considerable premium to the final closing price of the note. Unfortunately it may not be worthwhile to sign up for membership to PCGS or PMG just to have one note graded. If you could find a trusted dealer to help you get the note graded for a small fee that would be ideal.
If you decide to keep it, I would still recommend getting it graded in a holder just for the fact that it will be protected. At the very least store the note away in a cool dark place that has minimal temperature fluctuations to avoid degrading the note any further. The photo seems to show the $5 note at around Very fine condition.

I hope my opinions have helped.
New Member
United States
11 Posts
 Posted 05/14/2013  12:54 am  Show Profile   Bookmark this reply Add Shoot4thestars to your friends list Get a Link to this Reply
Woodford,
In my opinion there is no such thing as a silent voice. Each voice (opinion) builds to something. You raise countless good points. Although, you are being too kind in assuming I am well educated in the art of collecting currency, when in fact I am an intermediate at best. In other words, I don't quite understand whom the PCGS or PMG is and how one would operate with them. So a further clarification would greatly be appreciated. As for those looking to know what my mind scale is on selling or not I won't know for a bit. BUT I PROMISE I WILL KEEP YOU up to date.
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GoldenChest's Avatar
United States
814 Posts
 Posted 05/14/2013  09:22 am  Show Profile   Bookmark this reply Add GoldenChest to your friends list Get a Link to this Reply
You can purchase a protective plastic sleeve for it from most hobby shops and definetly at a coin shop. This will help protect it while allowing you too look at it. Make sure it says archival-safe on the label. If I had found such a note, I would definetly keep it. And if you are thinking of becoming a currency collector it is a fabulous piece to start a collection with. Just my 2ยข.
Valued Member
United States
137 Posts
 Posted 05/14/2013  10:50 am  Show Profile   Bookmark this reply Add nationals to your friends list Get a Link to this Reply
As someone not looking to buy it, I will share my opinion. There is no reason to grade it. Whether it comes back as a 15 or 20 doesn't really matter. The value is based on the serial number. If it were choice uncirculated then grading it would make sense. However, that is not the case here. I would probably try to get in touch with 3-4 interested buyers and see what offers you get.
New Member
United States
12 Posts
 Posted 05/14/2013  11:12 pm  Show Profile   Bookmark this reply Add TigerTrader to your friends list Get a Link to this Reply
I agree that there is little reason to grade it. With the condition it really only matters for the protection and preservation of the note. As already mentioned I would just put it in an archival Mylar holder.

In this condition I estimate value at $350 - $550
UNC would be $800 - 1200
Gem + 1250 - 1750

You could still find some outside this range on both ends...
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