Keeper?

is there something important about this bill? serial number, signature...?

If I had any reason to keep this bill, it would be because small head bills are disappearing.

Kepper. It isn't Monopoly money. series 1963 and not bad for circulated condition after 52 years

Not a keeper for me. Reason is, it will never be worth more than face in this condition, so why not just put it toward something with upside potential!

Is that your objection to CRHing and why you try posting in those threads to get people to stop doing it because you think everything is about greed mongering?

OR you cannot accept people collect things for reasons other than those you have for collecting?

Not everyone collects coins to be a part of the speculations market. Same goes for paper such as stamps or bills. That $5 is a keep because it is an example of something that doesn't exist anymore. In many collectible circles this would be known as OOP (out of print/production) so already has an intrinsic value.

Also for its age based on its series it is very respectable find "in the wild" or circulation. Some people keep bills with a serial number that contians a birth date, others radar, others many other reasons. And there are Many reasons one could keep this one, among them are someone wants to make a set of bills like the "20th century coins" and this $5 is an example just like any Buffalo nickel would be to fill a "hole" in that collection.

collecting isn't about making money for everyone, its about doing something you enjoy and being able to enjoy what you found. You obviously don't enjoy anything that doesn't have a potential profit, but for crying out loud; you don't have any say that others have to collect that way. Let people have their own collections they want to have.

Let me ask you this. If he put this $5 bill towards getting another series 1963 A in better condition, would he be able to afford the condition bill that WILL have a future profit with just the $5 pictured above?

I like it and I'd keep it for the reason: "it is an example of something that doesn't exist anymore". Well, we know it does exist but is in dwindling supply and it certainly isn't being produced any more.

Plus it's only $5.

shadz:

I think you have to understand that there are many people here with multiple opinions not all of them will agree with yours or others on this forum. That's what makes this forum so great. So when someone asks if something's a keeper the two responses are going to be either yes or no.. and some people will even give their reasons as to why.

True people are drawn to collect currency and coins for a wide variety of reasons and the first reason for anyone should be because they enjoy it.

But the fact of the matter is any money that is kept for a long period of time actually loses value due to inflation alone. Take that $5 note from the '60's for example. In 1963 what could $5 get you? Perhaps two tickets to a movie? Now the same $5 bill won't even buy you the popcorn!

So yes from strictly a nostalgic point of view... if you don't mind holding on to $5 and putting it away... there's really no issue and if you get some pleasure from looking at it every now and then GREAT!

But coinfrog also does provide sound advice for someone who wishes to be a bit more of a serious collector. If you decide to keep say 20 notes of similar condition and value that's $100 that will simply get eaten by rate of inflation over the next 20 years. Conversely if you manage to even pick up a few pieces that would increase in value exactly with the rate of inflation, in this hobby that's like an RBI in baseball. Finally if you manage to hold some pieces that increase GREATER than the rate of inflation, then you've hit a "walk off" grand slam!

I personally think BOTH of you are correct in your answers to the question... because I think I also understand both perspectives...

And people wonder why I am so hostile at things recently. This crap right here. If you aren't doing it the ONETRUEWAY you are not a serious collector. This is theTrue Scotsman argument just all over this place too now. What trash every hobbyist has become when they turn into elitist snobs.

You, Coinfrog, Wheatback, and Pacificoin will be happy when nobody is collecting any way other than your own right? |

Maybe you should read Coinfrog's posts in the CRH forum and you will be able to tell a pattern to them. Take special note of his/her own thread that was created after it was explained to him/her in another thread (see the link in jbuck's post therein) and then he continues to go around trying to tell people its worthless to collect unless you are making a profit since that time.

Maybe if he/her phrased his opinion better it would make all the difference rather than appearing to just be flame-bait or trolling.

I so wish this forum just had an ignore feature....