Hoarding Things With Less Value Today In The Hopes That Someday...

Unless it is a star note from a low print run, an error, or a low serial number I doubt there is much earning potential for holding on to these. Inflation will likely eat up any potential gains.

The wheels of government are slow and the proposed redesign of the $20 will take years before it actually happens. The representatives and Senators from Tennessee will decry the removal of Jackson. There will be hearings and testimony. In the end, nothing will have changed.

Just my Two Cents worth.

-MV

When the new colorized currency came out I went to the bank and got $100 worth of the $5's and $10's. I still have them even though they are ordinary notes. I think I set aside a few $20's and 2 $50's though I wound up spending one of the fifties on a coin purchase.

There is a great currency forum on CCF too http://www.coincommunity.com/forum/...p?FORUM_ID=8 showing a lot of different ways people enjoy the field of currency.

-MV

I saved a 1934 $20 I got in the 80s delivering newspapers. It's in pretty decent shape too, but net value, around $22. If I knew that then...I'd have played many more video games at the arcade. Who knew I was denying myself.

The thing to probably do is to go out and get yourself a $20 bill that has real earning potential and save that. Spend the rest.

Regarding comic books, when you think of the numbers printed, that explains why there is significant value in some issues. When it comes to currency and the constant reprinting of notes, the scarcity/rarity evaporates. It needs to be distinct on some level in order to garner attention and value. Any commonly available bill will not garner much of anything.

Lots of people do. Exactly why they are worthless. Well not worthless, but a bit over the $0.24 I have been offered. Just always remember. Whenever someone tells you it is WORTH THIS OR THAT, ask where you can get that much for it. Ever watch the TV show Antique Road Show? Notice how they are careful saying things like "At the RIGHT auction, you MAY get". This is a sort of hint that what you have may or may not be really worth what they say.
Stuff is only worth what you can sell it for.

For banknotes, some stuff that was dirt cheap in the 1960s is worth decent money today, so I've got a box of currency sleeves, filled with items that are not expensive today, or is just becoming hard to find, but I feel will rise in value in the future. Not just a few years, but 50 years ahead. When I'm gone, it will be left with my attorney for safekeeping (he's already been paid for the service), and given to a relative. Hopefully, it will be a real windfall to them.