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Oldest Notes You'll Keep.

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Author Previous TopicReplies: 14 / Views: 2,042Next Topic  
Valued Member

United States
102 Posts
 Posted 10/27/2010  07:24 am Show Profile   Bookmark this topic Add jlg1130 to your friends list Get a Link to this Message Number of Subscribers
Hey all,

Just wondering what the consensus is, as far as series dates on FRN's, and what you'll consider keeping, even if it's not in great shape. Not planning on using this info to gauge my own decisions, just curious.

Today I received a series '95 $1 in change (not a web) in pretty sad shape. I plan on keeping it, only because series '95's aren't to common these days, when compared to the '03's, 06's and the newly emerging '09's.

A way cooler find recently is a series 1969 $1, that I got in change at a bar, with the SN 00004065. I was pretty stoked when I got that.
Valued Member
United States
439 Posts
 Posted 10/27/2010  10:16 am  Show Profile   Bookmark this reply Add monkeyman67 to your friends list Get a Link to this Reply
I got a nice 1977 one dollar bill, and a 1981. I kept those but usually wouldn't keep anything before 1970. I got some 1950 100s and 20s. Nice
Pillar of the Community
Nickelman's Avatar
United States
1397 Posts
 Posted 10/27/2010  10:31 am  Show Profile   Bookmark this reply Add Nickelman to your friends list Get a Link to this Reply
Your topic is oldest notes you will keep but I am assuming you mean newest notes?

To me dates are irrelevant as I will keep any note that is collectible for various reasons. If by that you mean at what age will I just save a note for no reason just because it is what I would consider old. I would have to say 1950 series.
New Member
DLPerrapato's Avatar
United States
12 Posts
 Posted 10/27/2010  1:12 pm  Show Profile   Bookmark this reply Add DLPerrapato to your friends list Get a Link to this Reply
Typically, I dont save FRNs...they would have to be in terrific shape and just pop out at me.
I have found many, though not recently, that I still have, including a nice 1934a $10 star.
I have quite a few of the '76 $2 notes that I picked up while bartending.
If I had to pick a date old enough to keep, the older the better IMO, condition is still everything
though.
Valued Member
United States
102 Posts
 Posted 10/27/2010  4:04 pm  Show Profile   Bookmark this reply Add jlg1130 to your friends list Get a Link to this Reply
Dates are irrelevant to me as well, for the most part. I'm just curious what dates people may think about hanging onto, strictly because of their rarity in current circulation. To me, anything older than series 1999 may be worth hanging onto if the condition is desirable, and/or the note has something special/collectible about it.

However, I'll save newer notes as well, provided they have something collectible about them.

That series '95 I mentioned above? Yeah, upon re-evaluating it's condition, it was a spender, for sure. It had been written on, had tears, holes, and was a rag, through and through. I spent it on a soda.

I think I thought about keeping it, because it's been a few weeks since I've found anything worth saving. So, it was a reach. I'll admit it.
Edited by jlg1130
10/27/2010 4:04 pm
Pillar of the Community
Nickelman's Avatar
United States
1397 Posts
 Posted 10/27/2010  5:52 pm  Show Profile   Bookmark this reply Add Nickelman to your friends list Get a Link to this Reply
I get a lot of 80's/90's notes so I guess they aren't special to me. I find 63 note here and there and usually save them if they are a B (Barr note) series (even though I know they are neither valuable NOR rare).

I was actually going through my notes today and ended up putting about 15 of them back in my wallet asking myself why I would have saved them in the first place.
Valued Member
United States
102 Posts
 Posted 10/27/2010  7:37 pm  Show Profile   Bookmark this reply Add jlg1130 to your friends list Get a Link to this Reply
Really?

I never see 80's notes, where I live. '90's notes are a rarity, but I come across them now and then. As for anything pre-1980's, forget it. With the exception of that '69 (which I got far from home) that I mentioned, they are pretty much extinct around my area.

Most notes I see are series 2001, and newer.
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Nickelman's Avatar
United States
1397 Posts
 Posted 10/27/2010  10:24 pm  Show Profile   Bookmark this reply Add Nickelman to your friends list Get a Link to this Reply

Quote:
Really?

I never see 80's notes


To clarify: I think you are talking about what you find in your change, I am talking about counting money work related. So yes, I see a lot of them.
Valued Member
Money's Avatar
United States
160 Posts
 Posted 10/27/2010  10:32 pm  Show Profile   Bookmark this reply Add Money to your friends list Get a Link to this Reply
having a job where your exposed to lots of money will greatly increase your chances of finding older notes
Valued Member
United States
102 Posts
 Posted 10/28/2010  5:50 pm  Show Profile   Bookmark this reply Add jlg1130 to your friends list Get a Link to this Reply
Hmm, that has me wondering....

If you work at a bank, are you required to set aside any bills of a certain age, for return to the Fed, even if they are still in good shape?

I ask because, whenever I get circulated straps from banks, I get (as one would expect) mostly newer series notes. The oldest note I've come across has been a series '99, in one of those straps.

If somebody deposits a series '88A, '85, '77, etc, are those older series immediately removed from circulation?

Suppose I should get a teller job, and find out, 'eh?
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Nickelman's Avatar
United States
1397 Posts
 Posted 10/28/2010  6:18 pm  Show Profile   Bookmark this reply Add Nickelman to your friends list Get a Link to this Reply
It's not the age of the note that causes notes to be sent in to be destroyed, it is the condition. The Federal Reserve checks worn currency to see if it is legit and then shreds it. Life expectancy for a paper note is relatively short, about 22 months (it varies for different denominations) so that is the reason why you mainly get newer ones.
Valued Member
United States
102 Posts
 Posted 10/28/2010  7:27 pm  Show Profile   Bookmark this reply Add jlg1130 to your friends list Get a Link to this Reply
Thank you, Nickelman, for the info.

I did know that condition played a factor in which notes get destroyed vs. which remain circulating. Apparently, it is THE factor.

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coinsearcher83's Avatar
United States
1358 Posts
 Posted 10/29/2010  3:25 pm  Show Profile   Bookmark this reply Add coinsearcher83 to your friends list Get a Link to this Reply
I keep notes that are series 1995 or older... I don't really have a reason... just wanted to.

About the banks setting aside poor condition notes: The worst-conditioned note I've ever received is a Series 2003 in Fair condition, with several center holes and a huge corner missing... I got it right from the bank! I thought for sure they would have pulled it out...
Pillar of the Community
Libertad's Avatar
Canada
3692 Posts
 Posted 10/29/2010  3:32 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
Recently spent a 1970s $1 bill. It's quite noticeable in a stack, but it was beat to heck so I spent it. If I saw any bill with a variation I would keep it for a time then probably spend it. Being Canadian, though, it's easier to spot "older" bills by design, and I tend to keep more than I would if I were living South of here. Our currency has gone through some makeovers to hinder counterfeiting. Even so, I wouldn't keep an old bill for the sake of its age; I would consider its grade heavily. USA - 1960s and 1950s, Canada - 1980s
Valued Member
United States
102 Posts
 Posted 10/29/2010  3:47 pm  Show Profile   Bookmark this reply Add jlg1130 to your friends list Get a Link to this Reply
The '69 $1 that I mentioned above, is one of those. Pretty beat, a huge wallet fold right down the middle, but I'm keeping it, because finding a note of that age in your change these days is a rarity. That, and the SN is low (see above).

I'll generally keep series '95 and older notes, on a "just because" type of basis, as long as they aren't total rags.
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