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Kiwiman
Penny Pincher Member


225 Posts

Posted - 08/02/2010 :  11:23:12  Show Profile Send Kiwiman a Private Message
I know this isn't copper related but i didn't know where else to post it and i really want your guys input. From what I can tell old bills in good condition are worth a lot over FV. Would it be a good idea to put away a few sheets of $1 from the past ten years or so? Think about the last time you got a bill from 1980 or maybe even 1990, not often at least for me, because they are used up so quickly and taken out of circulation. In my opinion $1 bills would be the best to do this with since those usually have the shortest life span in the wild, do you think this is just a waste of time or a potential money maker?
thanks

kiwi

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dakota1955
1000+ Penny Miser Member



2212 Posts

Posted - 08/02/2010 :  11:53:08  Show Profile  Send dakota1955 a Yahoo! Message Send dakota1955 a Private Message
I think that you have to wait 50 plus years at least for it to pay.
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highroller4321
1000+ Penny Miser Member



USA
2648 Posts

Posted - 08/02/2010 :  12:37:54  Show Profile Send highroller4321 a Private Message
Kiwi,

Not unless they are star notes. The mintages are just to high. Even go back to 1963 $1 notes and they aren't worth much. Highest being $32 for a star and $9 for a non star and thats in UNC-63

I mean you could get lucky and get like a 1981 Dallas start note worth $1250 or 1985 St Louis star worth $1350 or 1988 Atlanta Star worth $1400 or 1988 A Atlanta star worth $1400. Thats basically it from 63-now for $1 notes.

I think your money is better of someplace else...but thts just my 2 cents.


Also there is a numismatic section so it could have gone there :)

Copper Penny Investing
www.portlandmint.com
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cesario
Penny Pincher Member



129 Posts

Posted - 08/02/2010 :  13:15:23  Show Profile Send cesario a Private Message
quote:
Originally posted by highroller4321


I mean you could get lucky and get like a 1981 Dallas start note worth $1250 or 1985 St Louis star worth $1350 or 1988 Atlanta Star worth $1400 or 1988 A Atlanta star worth $1400. Thats basically it from 63-now for $1 notes.



Just because a guidebook says it's worth that much doesn't mean someone is willing to pay such a price.

Look at certain Web Note auctions on eBay. Web Note B-L block from the Series 1988-A is worth up to $1300 in uncirculated condition according to the books. Now look at the auctions. Starts at around $10.
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highroller4321
1000+ Penny Miser Member



USA
2648 Posts

Posted - 08/02/2010 :  13:17:02  Show Profile Send highroller4321 a Private Message
quote:
Originally posted by cesario

quote:
Originally posted by highroller4321


I mean you could get lucky and get like a 1981 Dallas start note worth $1250 or 1985 St Louis star worth $1350 or 1988 Atlanta Star worth $1400 or 1988 A Atlanta star worth $1400. Thats basically it from 63-now for $1 notes.



Just because a guidebook says it's worth that much doesn't mean someone is willing to pay such a price.

Look at certain Web Note auctions on eBay. Web Note B-L block from the Series 1988-A is worth up to $1300 in uncirculated condition according to the books. Now look at the auctions. Starts at around $10.




Yes, I know this. I wasen't saying you will get that for it. I was just mearly pointing out that out of the last 47 years there are only like 4 $1 regular circulation notes that are worth anything....

Copper Penny Investing
www.portlandmint.com
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Lemon Thrower
1000+ Penny Miser Member



USA
1588 Posts

Posted - 08/02/2010 :  14:13:49  Show Profile Send Lemon Thrower a Private Message
this would not have been a good strategy in weimar germany.

Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X


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Kiwiman
Penny Pincher Member



225 Posts

Posted - 08/02/2010 :  16:49:46  Show Profile Send Kiwiman a Private Message
thanks for the info, i wasn't planning on doing it, just wondering
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beauanderos
1000+ Penny Miser Member



USA
2408 Posts

Posted - 08/03/2010 :  17:39:17  Show Profile Send beauanderos a Private Message
quote:
Originally posted by Lemon Thrower

this would not have been a good strategy in weimar germany.

Although a nice complete set of Germans bills from throughout the entirety of the Weimar hyperinflation would be something to admire... and might be worth a pretty penny. Never seen one marketed anywhere. I've got the stamps tho

Hoard now and hold on!

http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/
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