Wôrthléss Bank notes? Maybe not.

[Aman A.K.A. Ahamburger]

Don't you just luv when you sit down to relax and watch a little HISTORY channel as they say.

We will call the show PWN Stars for this thread..

Bills from 1898
Special editions
good condition

1- $1- $700
1-$2- $2500
1-$5-$7500

But wait there's more.. the highest paid price paid in HISTORY as they say, for the set of these three(3) bills..

$51,570

Paper currency that these big bad central bankers push on us is nothing but worthless FIAT paper?? I think not.. Hey if it's just an ordinary bill from that period in rough shape, it's only worth about $20. That's one, 1, bill!!!

[Aman A.K.A. Ahamburger]

I know!!!

[Aman A.K.A. Ahamburger]

That would make sense, everyone knows how valuable CDN dollars are..

OMG this is great, I wish I could say that I have been holding onto this.. The confusion and delusion is hilarious!!!

www.banknotes.com/u.htm

US-497 2 Dollars 1995 (Thomas Jefferson; Independence) AU 5.00 [Photo] [Add-to-Cart]
US-497 2 Dollars 1995 (Thomas Jefferson; Independence) 6.00 [Photo] [Add-to-Cart]
US-515a 1 Dollar 2003 New York, NY (B) * star replacement F-VF 10.00 [Photo] [Add-to-Cart]
US-515b 1 Dollar 2003 A (George Washington) Kansas City, MO (J) 3.00 [Photo] [Add-to-Cart]
US-515b 1 Dollar 2003 A (George Washington) Saint Louis, MO (H) 3.00 [Photo] [Add-to-Cart]
US-515b 1 Dollar 2003 A (George Washington) Chicago, IL (G) UNC- 3.00 [Photo] [Add-to-Cart]
US-515b 1 Dollar 2003 A (George Washington) Cleveland, OH (D) 3.00 [Photo] [Add-to-Cart]
US-517a 5 Dollars 2003 (Abraham Lincoln; Lincoln Memorial) VF+ 10.00 [Photo] [Add-to-Cart]
US-520 10 Dollars 2004 (Alexander Hamilton; U.S. Treasury) 50.00 [Photo] [Add-to-Cart]
US-520 10 Dollars 2004-A (Alexander Hamilton; U.S. Treasury) AU 40.00 [Photo] [Add-to-Cart]
US-521b 20 Dollars 2004-A (Andrew Jackson; The White House) 35.00 [Photo] [Add-to-Cart]
US-523E 1 Dollar 2006 (George Washington) Richmond, VA (E) 3.00 [Photo] [Add-to-Cart]
US-523F 1 Dollar 2006 (George Washington) Atlanta, GA (F) 3.00 [Photo] [Add-to-Cart]
US-523G 1 Dollar 2006 (George Washington) Chicago, IL (G) UNC- 3.00 [Photo] [Add-to-Cart]
US-523K 1 Dollar 2006 (George Washington) Dallas, TX (K) 3.00 [Photo] [Add-to-Cart]
US-524 5 Dollars 2006 (Abraham Lincoln; Lincoln Memorial) (B2) 15.00 [Photo] [Add-to-Cart]
US-525 10 Dollars 2006 (Alexander Hamilton; U.S. Treasury) AU 22.00 [Photo] [Add-to-Cart]
US-526 20 Dollars 2006 (Andrew Jackson; The White House) 30.00 [Photo] [Add-to-Cart]

[Virgil Showlion]

Since the Fed got in, isn't $8 in 1898 dollars worth about $51,750?

If not, give Ben a few more months.

[The Virginian]

I've got a 1953 $ 5.00 Silver Certificate and a 1955 $1 Bill - Any offers?

I'll take less than $50,000! ;D

[Virgil Showlion]

Canadian $1 bills, which went by the wayside close to two decades ago now, are worth anywhere from $20-$50.

Nobody here has ever regretted moving to the loonie and toonie.

[Aman A.K.A. Ahamburger]

I think i am going to start saving a few bills here and there.. Ill take even 200% over two decades. They are talking about making our bills out of something besides paper. How about that? A new investment idea.

[Virgil Showlion]

Hoarding obsolete currencies is one of those investing ideas that's good in theory but impractical in real life.

Let's face it: how many $1 bills (in regular circulation, no less) is any one buyer going to purchase? Maybe a set of 3 or 5, if you're lucky.

So suppose you wanted to make even a $1,000 selling $1 bills for 20 times their original value. You'd have to bargain with 20 different buyers at least. And suppose you spend 5 hours identifying, meeting, bargaining, exchanging, shipping, etc. with each buyer. You've put in 100 hours effort to make $980 profit, which is what you could've made slinging coffee at Tim's.

[Aman A.K.A. Ahamburger]

Or you just play it smart and sell it to a collection shop for 50% less than retail..

Plus slinging coffie is work, saving bills is not.

[Virgil Showlion]

You obviously haven't had much experience with numismatists. These people collect coins for fun.

"OK. So here are the bills. Sixty bucks for 'em."
"I see. Yes. Yes. You know, the 1989 bill featured a picture of the Queen taken after she attended a gala dinner hosted by then-Russian premier Gorbachev. You see in the depiction, there's 38 beads on her necklace. Interesting story, because there were originally going to be 36, but Gorbachev insisted on 38 for a most unusual reason...

..."

<6 hours later>

"...and thus the number of descendants from Mr. Barisov's line of the family--excluding the two branches I mentioned earlier--totaled 38, once again reinforcing in Mr. Gorbachev's mind the significance of the number..."



...

[Virgil Showlion]

My grandfather (who's still alive and in remarkably good shape, I should add ) has an impressive collection of coins and bills. He's a member of a fairly large club. I accompanied him on a few trips to showings, auctions, exchanges, when I was younger. My view of numismatics might have been coloured by my age at the time.

Frankly, the only thing that could have made those discussions bearable for them was the plentiful supply of double malt whiskey on hand.

[Aman A.K.A. Ahamburger]

Too funny Virgil!

Some cool stuff about your gramps, I had no idea that went on either, like wxyz, the double malt makes it all a bit clearer..

[Aman A.K.A. Ahamburger]

Ah yes, the reason we have golf...

[Aman A.K.A. Ahamburger]

I want to know if it's the reason that only one book a year gets read at book club??

[Aman A.K.A. Ahamburger]

Exactly.