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Replies: 25 / Views: 2,983 |
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Valued Member
United States
255 Posts |
Quote: some get enjoyment from finding it themselves rather than paying for something BOOM!!! For some reason the word "collectible" has somehow been conflated with the word "valuable".. people actually do collect things for FUN.. matchbooks, bottle caps, post cards, snow globes.. you name it and someone collects it... not everything has to be of value for it to be "collectible" Many folks (like me) enjoy the thrill of the chase.. searching through change and stacks of bills.. I find it so much more satisfying to "find" a note than to just go out and "buy" one.., Collect what you like and don't be so concerned about what others enjoy
Edited by Skippy Topaz 01/07/2023 07:21 am
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Moderator
 United States
15515 Posts |
Interesting discussion.
I agree with collect whatever interests you, regardless of perceived 'value'.
Take a look at my other hobby ... http://www.jk-dk.art
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Pillar of the Community
United States
7293 Posts |
I agree with collect what you like, to a point. I don't think you should have a room of small head $100, you will lose value do to inflation. I also don't think your room should look like this.  I have several $2 notes I picked up from the bank, but I know they aren't worth more than the $2 as they are common. But no one has answered my question why are these valued over face when there are millions out there? What's special about serial numbers? What makes a radar more special then like a trinary both are common. If for example I got a low serial number (2 digits) I would keep it but random numbers like repeaters, five of a kind, radars, 5 digit serial numbers make no sense, you can almost arbitrarily combine any numbers into something. What makes these random numbers special?
Edited by hfjacinto 01/07/2023 10:08 am
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Rest in Peace
 United States
1380 Posts |
There are literally billions of Lincoln cents each year, but I get a new one for my album every year anyway.
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Pillar of the Community
United States
7293 Posts |
Quote: There are literally billions of Lincoln cents each year, but I get a new one for my album every year anyway. I would recommend getting more than 1, they will decompose within a few decades and many get zinc rot with a few years. But that's not the same thing, you have a set end goal. When the Lincolns cents stop being made your collection will stop. You are also putting together a full set of Lincoln cents. That's much different than a random collection of serial numbers.
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Pillar of the Community
United States
1648 Posts |
Quote: But no one has answered my question why are these valued over face when there are millions out there? What's special about serial numbers? What makes a radar more special then like a trinary both are common.
If for example I got a low serial number (2 digits) I would keep it but random numbers like repeaters, five of a kind, radars, 5 digit serial numbers make no sense, you can almost arbitrarily combine any numbers into something. What makes these random numbers special? The value is mainly due to some bills having increased rarity in finding them and yes there are differences in how uncommon it is to find a specific one. For example, usually its 7 of a kind/7 in a row or 8 of a kind (solid) that get the interest of serious collectors and command high sale values in very good condition due to how uncommon they are, while a 5 or 6 of a kind might appeal to some casual collectors for a few bucks over face value who just find it interesting. Yes If you look regularly quads or 5 of a kind will come up pretty often and so therefore dont appeal as much to collectors once they have a few. And they further may be common even without requiring all the other printings. For each federal reserve bank who orders a print there is also the total number of new bills in each printing being released, so the ratios shown essentially would remain the same in how uncommon it is to find the specific type in the overall number of bills released. But I agree that having additional printings does increase the total number of a type (such as a repeater) out there to where you could say that type of fancy serial isn't that hard to find due to so many printings as you mentioned, while others like a serial number under 10 or the solid would still be extremely uncommon to come across even with many printings. There are selling price differences for that reason. Perhaps some collectors who are looking only for rarity or high value therefore might exclude these other types (and most collectors do to some extent at a lower level such as not open to buying/collecting say 5 of a kind or quads (4 of a kind) due to being common. But some collectors as mentioned dont care about value as much, and further may even enjoy the looking for them more than obtaining them such as buying one on ebay. You seem to be only open to value oriented collecting personally. Consider that some would buy a date note such as 07041776 or 09112001 or their birthday and this too should not typically have value to others. Heres some of the others that are collected: http://www.coolserialnumbers.com/Fa...Numbers.aspx
Edited by datadragon 01/07/2023 5:50 pm
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Pillar of the Community
United States
5632 Posts |
May I, I collect things people would Never , that said, I do because I can. Speaking of which, Bills with ANY fancy numbers tickle people's interests, for What-Ever reasons........They do Mine  IMO Bills with serial numbers, like the one I rescued from the wild not long ago, $100.00 Serial number 08880888 in Excellent condition, Why, because I like it. Does not mean its collectable for others, Does not mean it's Not collectible either, In the Chinese Culture the number 8 is Special, When in China, to them Too.... We are the present day wards for All We Collect, Let the passions, Loves, Likes Rule. Collecting what I have is For MY interests, You collect what You choose, No one is saying differently except another fellow Coin/Currency Collector, I know I've seen His posted pictures 
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Moderator
 United States
189728 Posts |
Quote: And when I saw the numbers on the 4 straps, I knew I had a radar!! Outstanding!  Quote: Then found out that it has the same numbers as the one I found last week!! 
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Pillar of the Community
Canada
2578 Posts |
 awesome find (& lovely radar) Vince. Congrats! Hmmm. Clearly some collectors here have never searched a brick (1000) notes & have never come up empty handed (not found a radar/nor a repeater) like myself. I have struck out more times than I care to mention. But when I do find a radar it feels "marvelous." If you haven't executed a search then you probably have no idea how uncommon special numbers are (low #, ladders, solids & million # notes). I get that a lot of these are found/saved but I still like the symmetry (& toughness) of these notes. Signature (prefix) change-overs are also uncommon & I got a small run of them from my bank this past week. I posted my find here: http://goccf.com/t/387364&whichpage=5#3768431I have read (& heard) several collectors recommend, "collect what you want!" Well, yes & no. This is a nice (friendly) sentiment but my dad was a hoarder & I can't endorse it. I have found that mentality to be an even more extravagant use (or misuse) of time. There's got to be a happy-medium & I feel that all collectors should at least know what they're collecting. If you don't admire special # fine but at least try to get as best example as you can manage.
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Valued Member
 United States
447 Posts |
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Replies: 25 / Views: 2,983 |