Found in change & received from bank (Currency)...
Outhaul
Posts: 7,440 ✭✭✭✭✭
Yeah, I know this isn't the currency forum, but they always seem to be asleep over there :
Any value above face?
Received in change...
Got this one at the bank...
7
Comments
Sweet, congratulations !!!
Lucky guy!
Great transactions with oih82w8, JasonGaming, Moose1913.
Very cool.
Hoard the keys.
I suspect the 100 is just spending money. The 10 might be also but too cool to part with.
I just got a $10 reserve note dated 1950. I added it to the pile of paper because I just couldn't spend it... just like the pile of 1940s-1950s nickels I have. Not worth anything but I gotta keep them for some reason.
I feel your pain. I'm the same way with copper cents.
Me too!! I just had my son tell me he wanted some different oxidized metals so he can do a school science project with vinegar and such. He mentioned copper pennies as his standard. I was feeling a sense of loss as I put a container of pre-82 copper pennies I had sorted on the table and told him to help himself to what he needed. I had to tell myself that they were only pennies and only worth a cent a piece and this is a good use for them.
Hello, my name is Batman, I am a hoarder of... everything...
I got one of those 'green seal' 10's in change back in 2008, it stuck out like a sore thumb. I still have it.
"Keep your malarkey filter in good operating order" -Walter Breen
I went through $700 worth of Series 1934 $10s at my credit union a few months ago looking for star notes and better stuff. Did find and buy a few, but otherwise they are still pretty common. I live in an area with a lot of older residents that seemingly held onto this stuff until their heirs got it and bank or spend it.
Those older notes do pop up in change now and then. I do not keep them (like I keep every wheat cent I find), but do notice them. I see a star note now and then, but do not retain them either... I know people collect them. Perhaps I should become more aware of currency variants... Nah.. too much to do already. Cheers, RickO
You might be able to get $11-12 for it.
But it will sit for a while.
Nice find though.
Both are spendable in my opinion. I see those old notes often here in Vegas. Need to be better condition to save.
bob
Cool find, but likely just worth face or near that.
My YouTube Channel
I CAN'T! MY G-D, I CAN'T! PLEASE, SOMEONE, GET ME HELP! I'M DROWNING IN USELESS CRAP THAT I CAN'T PART WITH!
If your "useless crap" is money then you or your heirs won't have any trouble disposing of it someday.
I particularly love the old $50 and $100's.
Those generally have to be UNC to have any premium, especially the 1950 series. I spend them all the time. Heck, those might have come from me!
That seems pretty cheap for $100 bill.
I had a near identical find in change from Lowe's a few years ago. It was the oversized shield that made me realize this was unusual.
I'm not seeing what's so "unusual" about the $100... it's less than 30 years old.
Is it simply the fact it's the older series (the small Franklin)? If so, I guess I'm not seeing that as so special since I don't see many $100 bills to begin with, therefore I've likely seen more small Franklin notes than large Franklin notes.
$110 ?
Very cool indeed. I love the old large notes. The ones your showing sure is cool
I do too, but the self serve checkout machines don't like the old $100's.
These are all small notes.
bob
way cool congrats
Yes, this is the US Coin Forum, and not the Currency Forum, but this will not be one of those OT rants for posting on the wrong forum. I am just curious. For those of us who are 'Currency Challenged', could you please tell us exactly what you found unusual about these notes, and why you thought they might be worth a premium. I studied them closely, and I see just two well circulated Federal Reserve notes. Is it because they are of older series? Did I miss something?
Yes.
Sort of like finding a wheat ear cent or a dateless buffalo nickel in change. Not worth much of a premium but interesting and unusual.
BTW - notice that the $10 bill reads (front, top and bottom) "The United States of America / Will Pay To The Bearer On Demand Ten Dollars."
How, you may ask? They will take your $10 bill and exchange it for another one, for example. That "will pay" text was (I always assumed) carried over from the gold and silver certificates, but since these were Federal Reserve Notes they weren't backed by any metals, hence the rather hollow guarantee. I always found that amusing.
I posted this over on the currency forum.
I know these things are common in the currency world and it doesn't get those boys too excited.
"If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"
My Washington Quarter Registry set...in progress
The currency forum is pretty dead, most people having migrated to a new one papermoneyforum.com after a series of bannings, etc. I did post a response there, but, the $10 may have a very small premium, but since it is not a star or mule variety, sending it back into circulation is always an option. The $100 is worth just that
Actually, all series 1928 (plain, A, B, C & D) Federal Reserve Notes were redeemable in gold until 1934 and had a different redemption clause. It is a little amusing that being backed by metals is some measure of the legitimacy of a thing. The real question is whether someone will accept it for goods, services or even metals.
With "Gold Clause"
Without
That 1966 red seal United States Note is one I might buy some day. I love that one, and it has history behind it to boot. As I understand it, by law a certain amount of USNs needed to be issued, and the supply of red seal $5 and $2 bills was dwindling by the mid 1960s, so they issued the $100 USNs and kept most of them in bank vaults, all to meet the letter of the law. Eventually that law was abolished so no more red seals.
I know the feeling...I have been selling stuff on eBay trying to reduce the quantity but it does not seem to go down much. Of course the Bud Man stickers I just sold (12.00 plus shipping) did not take up much room. But...I have had them since the mid-70's so I got paid, let's see, 42 years of storage, about 35 cents per year. Plus moving them etc. But...they are out of the house and into someone else's hands who can probably enjoy them as a collector at this point!
K
I have found exactly one of those in a bank, a Series 1966-A that I found in a rural California bank back in 2010 - and I was excited about finding it.
Try spending one of those Benji's at your local Walmart. They'd probably call Homeland Security on you.
And Federal Reserve Notes were redeemable in gold by foreign governments until 1971 at the official gold price of $35/oz. when Nixon closed the gold window, taking us off the gold standard.
They are now back in my pocket and ready to spend!
Cheers
Bob
I love finding those old pieces of currency at face value. I have a small handful stashed away just because they are interesting. By the way, every note in circulation today is redeemable for gold, you just don't redeem them at the bank.
You never know what you'll find at the bank. Something my brother received:
Nice note! I think people pay for serial numbers like that one!
Just trying to wrap my head around the irony of finding these old bills in an older persons mattress or SDB that they held onto since those times. Talk about a bad investment.....
Fact is, though, for lots of people around the world US greenbacks are a preferred way to store their wealth.
I keep star notes, red seals, Silver Certificates, US notes and some beat up Confederate money in an archival enveope. Had some nice Confederate money, but of course it was fake so I gave it away as fake. The envelope is getting thick, but doesn't take too much space. Just can't let it go. I, like many here keep way too much junk with only a little value over face in addition to the better stuff.
I do love it when one of those old hundreds show up. It's nostalgic
Now that is an OUTSTANDING find!!!
Somebody did.
This note had an interesting history. It was printed as a Specimen note and one that was given to foreign central banks at the time... so they could compare suspected counterfeits with a genuine example. The special serial number (and the atypical prefix and suffix letters H & G rather than the normal A & A) is a give away. It is also possible to see where "SPECIMEN" was imprinted vertically on the right and left sides of the note (one on the front and one on the back).
It is reasonable to presume that someone "appropriated" this note, and erased the "SPECIMEN(s)" to facilitate more easily spending it (even specimens are still legal tender). As a $100 Red Seal Specimen it is worth a considerable premium, which was hurt slightly by the erasure of the imprints.
The Ten looks Fine .....Philadelphia... worth face /11 bucks
The 100 ....also face
Quiet day on the coin board