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The other day my mom gave me this and said she got it from the bank. I thought it was kind of weird because banks are supposed to absorb outdated currency right? Well anyways I tested it with a CF pen and it was real. I remember seeing an old show called 'masterminds' or something that said CFers used to bleach out 1$ bills before and use paint ink to reprint bills etc. Since these 1969 bills don't have watermark, color changing ink, or any of the micro print they are pretty easy to CF by today's standards.
So anyways, this bill looks legit (double click for hi res image):
And if it is real it is in really good condition. It's a bit crumpled but not worn or wrinkled. 1 minor little tear on the right edge. (you can see my cf pen mark on the back top right) I read somewhere that it can fetch maybe like 125$ to a collector or something. Anyone know if that's true? Do pawn shops take this kind of thing?
a funny thing to note as well, those little [100] logos on the bottom of the bill and the whole bill itself was a fraction of an inch smaller than bills today.
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On February 07 2010 03:37 lokiM wrote: that is sex
i know right. pretty crazy that something like this can last 41 years and not be completely fucked up.
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Man do I miss the days when the greenback looked respectable.
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Canada5565 Posts
Don't sell it for 25 extra dollars, wait until you can double the value
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I would hold onto it for a while... for sure if it's in good condition the value for collectors will increase.
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On February 07 2010 03:51 Xxio wrote: Don't sell it for 25 extra dollars, wait until you can double the value lol, it's gonna be like 100 years. I need the money now actually. You wanna trade me your 125$ for this?
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On February 07 2010 03:51 Xxio wrote: Don't sell it for 25 extra dollars, wait until you can double the value
Historic currency like this is not a good investment. Inflation alone could easily outpace its increase in value. Making 25% profit on it now would be his best bet, unless he wants to keep it forever.
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woah I was reading about 100$ bills on wiki and check this out http://en.wikipedia.org/wiki/Superdollar
apparently N.Korea or someone is CFing 100$ bills pro style and probably fucking up our economy to an extent.
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PM Ilovezil or wait until he replies, he has a fetish for old monies.
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how dare you get rid of the serial~ i thought you were a g murphy
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On February 07 2010 04:09 CharlieMurphy wrote:woah I was reading about 100$ bills on wiki and check this out http://en.wikipedia.org/wiki/Superdollarapparently N.Korea or someone is CFing 100$ bills pro style and probably fucking up our economy to an extent.
whats sad is that i learned about this through gta iv
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lol, yea and others probably learned about it from the movie rush hour 2
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On February 07 2010 05:30 MiniRoman wrote: how dare you get rid of the serial~ i thought you were a g murphy
I dunno tinypic's policy on shit like this so I figured if I removed the serial that would be better than removing the entire pic
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On February 07 2010 03:39 zer0das wrote: Man do I miss the days when the greenback looked respectable.
Amen
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I'm waiting for the $2 bills in my sock drawer to double in value also.
On a side note, a gentleman was checking out from my store yesterday and he wanted to pay with exact change so I spotted him a penny. In exchange he gave me a two dollar bill as a tip.
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United States4796 Posts
Beautiful piece of cotton-paper.
5/5. Every day we're hustlin'.
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ben just looks like a pimp in that picture, like sup bitches, i got hoes on two different continents.
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A very cool note, CM, especially hard to find in good condition, but sadly it won't be worth much for a while. Sure, there IS a price attached to notes like these, but there is a difference between value and pricing. For example, you can find prices for notes like these here: http://coinsite.com/ According to that site, your bill in uncirculated (meaning brand new mint condition) is worth 125$.
However, first of all, those prices and the one you mentioned for 125$ is firstly a retail price, meaning dealers sell notes at these prices. Because they need to make money to stay in business, they'll actually buy notes like yours at much lesser prices. Note: Coinsite values coins at retail price.
Second, your bill is still within the relatively recent fiat system money period whereas before, we used the commodity money, or representative money system where we had a gold standard to back our currency. Gold and silver certificates were used in that period, commonly denoted in blue and red seals, or even yellow and brown seals. Also, symbolic monies mostly differed in two different ways: 1) they did not have "in god we trust" along the top in the back and 2) they specifically stated what standard (gold or silver) they were tradable for. Here's an example of a sample I own: a 1934 B blue seal 10$ note:
Notice the back is a lot "emptier" due to the lack of the in god we trust. Also, the front clearly states that the bearer can trade at a federal bank, 10$ worth of silver. We can't do that now, of course, but this was the standard around the early-mid 1900's.
See, you MIGHT find a price of 125 bucks from a naive buyer from ebay or an online auction, but most places that you actually go that deals in older money dealings look for, if anything, different colored seal notes, or large notes that preceded the small bills we use that started in 1928. But keep that bill, it's nice to have a memoir from the older periods and now especially since we're constantly changing our currency. It really is a nice piece btw, hard to find in good condition
Also, in regards to the very first statement, your bill is not really considered "outdated". What would be considered outdated are silver dimes/quarters (before 1965) and commodity money bills like I discussed. Even so, many banks probably don't take older working specimens of money out of circulation just because, well, most people simply don't know. A lot of people if anything, mistake older money for fakes and get rid of them as soon as possible. Also, FYI: I'm not 100% sure about this, but the pen trick probably won't work since the material older bills are made of are made of a slightly different clothing than the more updated bills. And as far as supernotes are concerned, they cannot be identified by conventional methods like the pen marking.
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On February 07 2010 08:15 DrTJEckleburg wrote: I'm waiting for the $2 bills in my sock drawer to double in value also.
On a side note, a gentleman was checking out from my store yesterday and he wanted to pay with exact change so I spotted him a penny. In exchange he gave me a two dollar bill as a tip.
Sorry, but the value of a two dollar bill increasing anytime soon is a myth. People hold onto them in hopes that since it's relatively obscure and rarely found in circulation. They think that the value would increase, but in my opinion, two dollar bills would be the last thing to increase in value unless they're red seal notes like this:
In which case, you can work with something of a value
Also:
On February 07 2010 03:51 Xxio wrote: Don't sell it for 25 extra dollars, wait until you can double the value
On February 07 2010 03:58 meeple wrote: I would hold onto it for a while... for sure if it's in good condition the value for collectors will increase.
The value of money in the market is ever fluctuating, and it is not simply determined by condition and age. Like all other markets, the currency market follows supply and demand, placing value on notes and coins that usually have a good historic value such as the late 19th, early 20th century Morgan Dollar. There is nothing special (no offense CM) about the 1969 C 100$ note. In my opinion, we won't know if there really is a value for older fiat bills like the ones CM has for close to at least a century, or until a good time after we change our currency system altogether.
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Just use the bill. its worthless to wait for the value of that bill to increase. the discounted value of that bill is the same 10 or 100 years from now. now unless you have a $2 bill with Thomas Jefferson's complete list of all the black slaves he fucked and a family tree of his offspring, then any bills you have are nothing special.
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Thanks for all the insight ilovezil, yea I didn't think the note was worth much even though it is in such good condition. The thing is I just wanna put it in the right hands since I'm not really in a position to save/collect it.
I actually used to owned both a red and blue 2 dollar bill when I was a kid, but I stupidly spent them on something (I don't even remember what it was). One of them was in pretty shoddy condition iirc so oh well.
My dad also had a pretty good penny collection starting from 1909/Lincoln, and I continued it off from about 1960ish where he left off. Until some tweaker 'friend' stole it. I had/have a bunch of mercury head silver dimes somewhere along with different buffalo nickels as well. I either lost them in a move/trapped in a box somewhere , or that same tweaker idiot stole those too. They were in pretty good cond. The only thing bad was the childhood friend I traded them off at school had taped them up with scotch tape and kept them that way for a long time (years probably) and they were a bit yellowed.
Do you want this bill I have? I'd hate to just pass it off like regular money since I need to use it.
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Ah, sucks about the penny collection since they tend to be one of the classics
I'm starting a mercury collection as well. I also have a few older specimens of dimes like the 1848 half dime and a few later ones. I would be interested in your bill too, but I'm broke so my hands are tied :/
If you want any input or advice on older currency though, just ask me. I consider myself decently knowledgeable in this area since I had an obsession with numismatics for a while. If anything, I have a pretty good idea of where to find specific sources of information.
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I also had/have (somewhere) a bunch of old foreign coins as well.
I remember I had this asian coin with a square cut into the middle.
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Mozambique16569 Posts
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On February 07 2010 04:09 CharlieMurphy wrote:woah I was reading about 100$ bills on wiki and check this out http://en.wikipedia.org/wiki/Superdollarapparently N.Korea or someone is CFing 100$ bills pro style and probably fucking up our economy to an extent.
That would be the Federal Reserve.
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That's the shittiest bump of all time, but coincidentally I am browsing TL and see my old blog and the other day I found a really old 10 dollar bill as well. apprently its worth about 12-15 dollars https://www.answers.com/Q/What_is_the_value_of_a_1950_us_10_dollar_bill
bill doesnt say in god we trust on it and instead says that other shit on the bottom.
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