Sequential Bills...

Discussion in 'Paper Money' started by vwap, Sep 21, 2007.

  1. vwap

    vwap New Member

    Just curious what people think about sequential bills -- Are sequential bills worth keeping (mostly for investment purposes)? Do sequential bills command any sort of premium after a number of years?

    In my mind, I feel like there are better investments than stashing currency away, but then, why do people stash stacks of money away?

    All of this said, I'm mainly a coin collector, but my bank had new bills that they disbursed with my withdrawal, which got me wondering about sequential new bills..

    Thoughts?
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  3. andrew289

    andrew289 Senior Analyst

    why don't you just buy a new pack of dollars from your bank...then you will have 100 sequential bills.
  4. vwap

    vwap New Member

    Like I said: "...my bank had new bills that they disbursed with my withdrawal, which got me wondering about sequential new bills.."

    I have the sequential bills, I'm just curious whether they're worth keeping around (for a someone that doesn't collect much currency).
  5. De Orc

    De Orc Moderator Moderator

    Some people do like to collect sequential notes, me I am happy if I have one of each type LOL If the sequence is towards the start or end of a run of notes, then I would say yes they would be worth a premium
  6. andrew289

    andrew289 Senior Analyst

    Like I said ....lol


    Do sequential bills command any sort of premium after a number of years?

    No, not in your life time. Put them away for your great great great grandkids and they might be very appreciative.


    In my mind, I feel like there are better investments than stashing currency away, but then, why do people stash stacks of money away?


    You mind is correct. There are better investments. People tend to stash cash for a variety of reasons. They like having some on hand in case of an emergency. They feel the banks will someday run out. They don't trust the banks and like to keep it in their mattress. They don't know how to work an ATM.

    If you don't need the money to provide you with shelter or food for this week ...go out and buy a couple plastic sleeves and carefully insert each bill into it's own protective covering. Put the bills in a drawer somewhere and forget about them. In 20 years you might break even (taking into account the money you had to spend on the plastic sleeves).

    How many are in your "sequence" and what denomination are they? What is the date on them? Are they serial numbers anything special?
  7. der_meister77

    der_meister77 Senior Member

    My thoughts, exactly.
  8. clembo

    clembo A closed mind is no mind

    You have to be a lot more serious about currency to make it worth your while.

    About 6 years ago I put away two sequential singles. Course I knew what to look for. Those particular singles now retail at $85 each so it was worth my two bucks.

    On the other hand I have passed on them more than not. I'll keep a few basically for trading purposes with other collectors.

    Occasionally I'll put together a "set" and make a few bucks.

    Currency is NOT like coins. If you have no knowledge you're most likely just putting money away at face value for the most part.
    There are good finds to be had but you have to know what to look for.
  9. vwap

    vwap New Member

    Well, I picked up a few stacks of $1's, which number 68633001 thru 68633100, 68747001 thru 68747200, series 2003A (L and N on the ends of the numbers). Then I've got $100s that number 14250120-14250139, series 2003A, FF/B on the ends.

    I can't keep them all even if I wanted to, so this would be more of a "if keeping a few around would be worthwhile" type thing. In any case. it's sounding more and more like my suspicions were correct, and stashing currency away isn't exactly an optimal use of resources. :)


    What sort of thing(s) does one look for in currency? The bills I have aren't any "cool" numbers, but what else would you look for?

    Thanks!
  10. clembo

    clembo A closed mind is no mind

    I'm glad that you asked that. What I picked up were two consecutive 1999 $1 dollar notes that have an F at the beginning and a * at the end. These are called star notes and they are NOT all rare. This would be known as an F-* block.

    I was working in a truck stop at the time and opened a fresh pack of 100 consecutive notes (bills). These two were sandwiched in the pack. I gave the other 98 notes out as change.

    Why did I keep them? There were only 640,000 of them printed and that is a paltry sum by currency standards. Most people would not give them a second look. This means they get circulated, and unlike coins, eventually get destroyed when worn (usually within two years).

    So put that into coin terms. The 1909SVDB had a mintage of 484,000. Did the Feds destroy them when they started to show wear? Nope, AG examples abound but it's the key coin in the series.

    CUrrency is not as popular but on the other hand I don't think I'd be too far off in saying there are now less 1999 F-* $1 notes than there are 09SVDBs.

    It does relate to supply and demand but there are good notes to be founnd IN CIRCULATION. A lot tougher with coins these days.

    Like I said, currency collectors are a different breed with a totally different set of paramaters. If you're ever going to get into it you have to do some serious reading.

    .....and by the way. I'd keep one of each of the notes you got if you can afford them. Spend the rest.
  11. vwap

    vwap New Member

    Ah, star notes... I first read about them on here about three days ago. I went to my parents' house to pick up some coins I'd left when I moved out, and also found a 1963A $2 Star Note. Not in poor shape, but not in uncirculated condition, either... But it was fun to find :)
  12. andrew289

    andrew289 Senior Analyst

    I'd keep the packs of dollars. Not that they will be valuable but I love the feel and smell of fresh crisp bills. ..also, you can pick out several good numbered dollars for liars poker. 4 3s, 4 6s, 4 7s and 3 8s.

    Have you alread searched them for stars?
  13. Pirata72

    Pirata72 Senior Member

    I would probably keep a few and put them away just to have them in my collection and not for investing. If they do one day become worth something... well good for me. I come across plenty of new sequential 20032003A Series $1 now. However, in about 10 years it won't be so easy. So putting away a couple now won't hurt me too much in the pocket. Of course, reading up on them is the best way to learn what to look for and maybe you might find a few winners.

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