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 Replies: 11 / Views: 1,776 |
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Pillar of the Community
United States
1804 Posts |
I have a family member working as a teller. She saves coins for me.
I want to start getting paper money.
The question is ... what do I ask her to save for me?
Interesting serial numbers?
New consecutive numbered banded?
Is there more demand value (proportionately) in larger denomination notes?
Thanks for any help.
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Valued Member
Austria
391 Posts |
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New Member
United States
28 Posts |
star notes also, find a rare one and the value can add up quickly
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Pillar of the Community
United States
2850 Posts |
Anything old. Silver certificates, older federal reserve notes, red seal two dollar bills, etc.
Edited by WheatBack
02/08/2014 09:20 am
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Moderator
 United States
56855 Posts |
Anything old,odd like errors and star notes.Fancy SN's.I would not bother with consecutive runs.Lower doms are more collectible. John1  Edited by John1
02/08/2014 10:05 am
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Valued Member
United States
368 Posts |
interesting serial numbers, old currency, consecutive notes. I would avoid high denominations because it adds up quickly. small denominations can be more fun and often times much more collectible.
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Pillar of the Community
Canada
726 Posts |
 Avoid high denoms (Expensive- if only so much budget)...I would also say very, very crisp bills....A gem even if current year will be worth more in years to come, but a dirty ripped note will always be soiled and torn....Good luck to you all from Ca na da....  Edited by persistnt
02/08/2014 12:19 pm
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Valued Member
United States
80 Posts |
I honestly wouldn't save any new currency unless they are fancy serials and only save semi fancy serial notes with stars on them. The average new consecutive notes don't add much of anything in terms of value. Many of the $2 notes are a great example. People have saved series 1963 or 1976 in CU condition and there is very little premium on these notes. The value simply isn't there. These notes for some people have literally been sitting 40-50 years. Think about what $2 dollars got you in 1963 and even in 1976. There's waaaaay less buying power for these notes now. So if you think about it really any "gains" that these notes have made in value have been outpaced by inflation. Truthfully most small face currency has gained very little from the 60s til now. There are exceptions of course, but there isn't much value unless it would grade 65 or higher. But your average note from that time period that you'll come across doesn't have the kind of value that you might hope for. Even people on ebay ask for a 10 premium on 3 20s from early 90s to early 80s in XF condition and most often they don't get that. Then of course they have to factor in fees and theres almost no value. People always do run across some cool older notes and any silver certs, red seals, or brown seals I would definetly save especially if in VF or better condition. |
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Pillar of the Community
 United States
1804 Posts |
Quote:I honestly wouldn't save any new currency unless they are fancy serials and only save semi fancy serial notes with stars on them. The average new consecutive notes don't add much of anything in terms of value. Many of the $2 notes are a great example. People have saved series 1963 or 1976 in CU condition and there is very little premium on these notes. The value simply isn't there. These notes for some people have literally been sitting 40-50 years. Think about what $2 dollars got you in 1963 and even in 1976. There's waaaaay less buying power for these notes now. So if you think about it really any "gains" that these notes have made in value have been outpaced by inflation. Truthfully most small face currency has gained very little from the 60s til now. There are exceptions of course, but there isn't much value unless it would grade 65 or higher. But your average note from that time period that you'll come across doesn't have the kind of value that you might hope for. Even people on ebay ask for a 10 premium on 3 20s from early 90s to early 80s in XF condition and most often they don't get that. Then of course they have to factor in fees and theres almost no value. People always do run across some cool older notes and any silver certs, red seals, or brown seals I would definetly save especially if in VF or better condition. I may be better off just going with Ikes. Thanks I do have three 1933? Hundred note. Most likely grade only fair. Need to just sell them. BUY MORE IKES! |
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Valued Member
United States
80 Posts |
Domain,
The early hundreds are either 1934 or 1928. Looking at heritage archives notes from 1934 in fine condition seem to only get around $10 premium per note. Even star notes in fine only go for around $50 over face, I wish I could tell you better news regarding them.
Edited by Master Shake
02/08/2014 9:15 pm
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Valued Member
United States
58 Posts |
I wonder what CU $100's from the 1980's would do. I have a few that are sequential. I haven't been saving them for value but just something you won't hardly see anymore. I attempted the same thing with series 2006 now that they are all getting destroyed at the Feds. My guess would be an extra $10 or $20 in 50 years..
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Valued Member
United States
486 Posts |
I think I'm now starting to see the BIG difference between Collectors and "savers", or hoarders.
Bill Collectors
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Replies: 11 / Views: 1,776 |
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Posted 02/08/2014 08:48 am
