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Value Of A 1950, Fifty Dollar Bill

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Author Previous TopicReplies: 6 / Views: 13,583Next Topic  
New Member

United States
2 Posts
 Posted 08/14/2010  1:58 pm Show Profile   Bookmark this topic Add Brazos_Rat to your friends list Get a Link to this Message Number of Subscribers
Hello,

I am trying to determine if this bill is worth more than face value.
Thank You for looking.

Value-Of-A-1950,-Fifty-Dollar-Bill
Valued Member
United States
102 Posts
 Posted 08/14/2010  2:11 pm  Show Profile   Bookmark this reply Add maichinht to your friends list Get a Link to this Reply
It definately has a premium to it. List book shows over 100.00$ for it in unc condition.
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Adam_E's Avatar
United States
4846 Posts
 Posted 08/14/2010  2:14 pm  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply
this is not uncirculated so maybe $70
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Nickelman's Avatar
United States
1397 Posts
 Posted 08/14/2010  2:18 pm  Show Profile   Bookmark this reply Add Nickelman to your friends list Get a Link to this Reply
The writing on it does bring the value down though. :(
New Member
United States
2 Posts
 Posted 08/14/2010  2:19 pm  Show Profile   Bookmark this reply Add Brazos_Rat to your friends list Get a Link to this Reply
Thanks for the assistance. My sister found an envelope full of 1's, 2's, 5's, 10's, 20's and 1 50. Some of the notes say US Bank or something else. I will get her to bring them and will try to put some pics up and hopefully get some feedback.
THANKS AGAIN
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Nickelman's Avatar
United States
1397 Posts
 Posted 08/15/2010  02:59 am  Show Profile   Bookmark this reply Add Nickelman to your friends list Get a Link to this Reply
Yes please do, I'm always curious about things like
Quote:
envelope full of 1's, 2's, 5's, 10's, 20's and 1 50. Some of the notes say US Bank or something else
that.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 08/15/2010  03:24 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Inflation can have a terrible effect over a long time. The Reserve Bank of Australia (that's the Australian Government banknote issuing authority) maintains that an inflation rate of 3% per annum is perfectly acceptable for a healthy national economy.

If the inflation rate of 3% was applied to that $50 US bill over 60 years, the value of that note in 1950 dollar terms is US $8.49.

$US70, which is the value suggested now for the note in a collectors market, would have a value of US $11.89 back in 1950. It certainly would not be worthwhile hanging onto that note way back in 1950, but to spend it at the time.
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