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Replies: 13 / Views: 1,894 |
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Pillar of the Community
United States
1053 Posts |
In the "old bills in circulation " thread, I noticed that people keep 1995 $1 notes. Why? I have seen at least three in circulation in a couple months, should I be keeping these? Are they worth anything more?
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Valued Member
50 Posts |
No it not worth a dime over 1 dollar unless it is a star note or in exceptional condition!!
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Valued Member
United States
486 Posts |
1962penny, There seems to be a lot of "hoarders" out there now a days thinking that things dated before 2000 is old and valuable.
I am always telling them that something like a run of the mill 1995 $ 1.00 FRN is worth a $ 1.00, next year it may only be worth .90 cents.
They seen to think that it should be worth much more that a $ 1.00 because it's almost 20 years old and does not have that many wrinkles, creases, and not much dirt on it.
When I ask them how many new unc. ones they would like at $ 1.10 each they back away. I cant figure them out, other than their not really currency collectors and have no intention of starting a currency collecting, they only seem to be interested in the "folding" kind of currency.
It's somewhat odd, they seen to think that the creased, wrinkled, dirty 1990's note they have is worth something but when I offer them a new one for .10 cents they back off. Bill Collector
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Pillar of the Community
 United States
1053 Posts |
Ha! Wow bill collector... Interesting. Thanks for the replies guys. I was worried I had let something good get away. 
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Valued Member
United States
486 Posts |
1962penny, I assume that you are a Coin collector, what would you do if someone came to you with a "old" 1995 Penny,  Bill Collector
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Pillar of the Community
United States
5614 Posts |
I would check " The Cent" for a Doubled Die Obverse ..........
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Valued Member
United States
486 Posts |
I'm sure that most collectors that know about such things would check for such things, same for Currency collectors, but chances are it's just like the others that are out there, nothing more that a penny or a dollar. Bill Collector
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Pillar of the Community
 United States
1053 Posts |
  thanks.
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Pillar of the Community
United States
5855 Posts |
Quote: They seem to think that it should be worth much more that a $1.00 because it's almost 20 years old and does not have that many wrinkles, creases, and not much dirt on it. Like you, I have never understand why anybody would want to hoard common bills from the 1990s, but I admit it may be a generational thing. I grew up in the 70s-80s and those bills just look like perfectly ordinary spending money to me. But I obsessively hoard any silver certificates or red seal legal tender notes I find, regardless of condition, because they stopped printing those before I was born and they must therefore be rare and valuable...
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Pillar of the Community
United States
1812 Posts |
Quote: I noticed that people keep 1995 $1 notes. Why? I have seen at least three in circulation in a couple months, should I be keeping these? Are they worth anything more?
How soon we forget.  I'm surprised that there is no reply on this thread about WEB-Press Notes. Series 1995 FRN's was the last year of WEB Notes, and there are a few rare Block/Run/Plate Combo in the 1995 Series valued over a grand in Unc. condition... *** I assume anyone pulling 1995 notes from circulation are WEB notes and not the regular notes ***
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Pillar of the Community
United States
1812 Posts |
I just found the thread I assume the op is referring to on the Series 1995 FRN's at https://goccf.com/t/158031And while they are NOT web-press notes, they are high grade 3-digit serial number notes, also very collectible.. A little research shows the notes shown were printed in April 1997 at the Fort Worth, Texas branch of the BEP.
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Pillar of the Community
United States
7840 Posts |
1995 Series Notes have more than likely achieved their circulation cylcle by now, in addition to the aforementioned. According to the Federal Reserve website; How long is the life span of U.S. paper money? When currency is deposited with a Federal Reserve Bank, the quality of each note is evaluated by sophisticated processing equipment. Notes that meet our strict quality criteria--that is, they are still in good condition--continue to circulate, while those that do not are taken out of circulation and destroyed. This process determines the life span of a Federal Reserve note.
Life span varies by denomination. One factor that influences the life span of each denomination is how the denomination is used by the public. For example, $100 notes are often used as a store of value. This means that they pass between users less frequently than lower denominations that are more often used for transactions, such as $5 notes. Thus, $100 notes typically last longer than $5 notes.
Denomination Estimated Life Span* $1 5.9 years $5 4.9 years $10 4.2 years $20 7.7 years $50 3.7 years $100 15.0 years
* Estimated life spans as of December 2012. Because the $2 note does not widely circulate, we do not publish its estimated life span. http://www.federalreserve.gov/faqs/...er-money.htm
Edited by oih82w8 09/24/2013 1:18 pm
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Valued Member
United States
486 Posts |
Please don't forget that a Web Press note is not a normal run of the mill 1995 FRN. Even so, if it was like most I've seen in circulation, creased, wrinkled, and somewhat dirty, it's still not worth much of anything.
I'm sure it's something that a child would may want to hang onto but no matter how long you keep something like that it's worth and value in a currency collection is just about a $1.00, being that it has no real collectors value it may be not wort as much 5 years down the road as it is today.
I will be the first to admit that I have a lot of worthless FRN's in my collection, other than there face value, but they are in at least AU + condition and fill a hole in the series year collection. Bill Collector
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Valued Member
United States
92 Posts |
In the currency collecting forum on Wheresgeorge.com, you can sometimes get 20% return for '01 and older notes, especially high blocks. The older and high block notes are a bit rare and those folks need them for their hobby. I save anything '95 and older and I'll try to sell it over there. If it doesn't go, it doesn't go.
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Replies: 13 / Views: 1,894 |
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