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 Replies: 10 / Views: 1,867 |
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Bedrock of the Community
United States
19948 Posts |
Asked if they had anything unusual, they gave me a 100 pk of brand new 2003 $2 bills, consecutive serial numbers. There's a note on the wrapper about star notes, but I went though them and there's no star notes.
Should I keep these or sell them? Seems people are selling a pack like this for about $250. They have more packs, perhaps I should clean them out?
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Pillar of the Community
Canada
1106 Posts |
quote:
Seems people are selling a pack like this for about $250. They have more packs, perhaps I should clean them out?
Just curious. Why is there a premium on current banknotes? I understand there is some sort of mystique about $2.00 bills which causes people to put them aside as keepsakes instead of spending them. If this is true then that means there must be tons of two dollar bills squirreled away in terrific condition which would make them quite common as far as trying to affix a premium to them. I am trying to think if there is a Canadian equivalent but I don't think there is one. Edited by chrycopaul
07/17/2007 6:01 pm
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Bedrock of the Community
 United States
19948 Posts |
Not sure what the fascination is. I asked because years ago I had to forfeit my $2 bill collection for financial reasons. I've decided to build it back up because I think they are neat. Apparently people think these are of some special value because they are buying them on ebay. It's probably akin to the masses that pay $300 for a single dollar coin with no edge inscription. I don't get it, but I don't care either. If people are going to pay over face value for modern currency, I'm more than happy to take fill their need. You make a great point about tons of these squirreled away. They will probably be worth $2.25 in 20 years, lol. But there might be some added value to 10 of them, brand new, with consecutive serial numbers....that's what I'm wondering from a collector standpoint. I'll probably just keep 10 and spend the rest unless someone advises me otherwise. Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Member
United States
1154 Posts |
Not worth anything if they are 2003's which they probably are. Spend em
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Valued Member
United States
280 Posts |
In rural areas, if a person cannot get a bank to order them, they have no chance at getting them. If they do order them, because federal reserve policy is to send out old before new, they may still not get new bills.
Thus, many are willing to pay a premium for brand new bills to remove the uncertainty and time involved to find them on their own.
The real question is, do these still have the green BEP wrapper on them, or are they rewrapped (meaning a teller already went through them and pulled out what they wanted).
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Member
United States
1154 Posts |
Trust me your not going to get a premium on brand new notes just becuase someone cant ge them. They are not worth more than a dollar
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Valued Member
United States
280 Posts |
People in Bogota Colombia pay about $4-$5 per note for brand new $2 bills all the time. Of course this is a special situation.
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Pillar of the Community
United States
597 Posts |
I can get $50 bands of usually series 2003 $2 bills at one of my banks, the one teller there likes them a lot and orders them. All other banks are nasty about $2 bills, one going so far as to let me know when they come in so they can get rid of them.
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Valued Member
United States
280 Posts |
As long as they don't hold any back, that's a sweet deal.
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Pillar of the Community
Canada
1152 Posts |
"I am trying to think if there is a Canadian equivalent but I don't think there is one."
Im thinking the centennial $1 bills or the last design of $2 bills
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Valued Member
United States
169 Posts |
A new mint pack of 100 consecutively numbered $2 bills is definately worth a premium. Rolls of brand new coins routinely sell for a premium, why not stacks of bills? If you can sell them for a profit, it might be worth selling, because I'm not sure how much or how fast these will continue to go up in value.
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Replies: 10 / Views: 1,867 |
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Posted 07/17/2007 7:45 pm
