100 Dollar Bill, anyone collect this one???

I have the BUG for sure, I am looking at every serial number. And every coin...

 

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looks like a repeater ?

 

Make sure you learn to look at condition too, it REALLY matters and it really effects the value of paper money just as condition would effect the grade and hence the value of a coin. Paper can be even more unforgiving as it is even more vulnerable to wear, creases and soiling... This note is very heavily circulated/worn, creased and has bank teller ink stamps that went outside the strap and printed on the note itself. In that condition, a fancy serial alone isn't going to bump its value much above face. These, I suggest, are best saved up for buying something like a really nice condition Gem note or rarity of some other kind.

 

Thanks and will do.

 

What am I missing? Nothing about that note seems to be anything special.

 

It was a keen eye to spot the "fancy SN" and it is pretty widely known that some notes command a premium for such things. I have bought a few and have found some as well but don't go out of my way to find them for my collection, nor bid higher or pay significantly more to obtain them because of it. For examples of what these are and can be traded for, usually in high grade examples, see: coolserialnumbers.com

Many collectors of coins seem to forget, or dismiss entirely, that notes are numismatics too and thus carry grades due to condition and this in turn effects values, but so too does rarity and as we know notes are increasingly printed in vast numbers. many collectors don't think long enough about it, that paper is more easily damaged and thus looses it's appeal to many collectors by being creased, discolored and worn. Many don't think to add a paper money guide as readily as they added a Red Book to their numismatic library, either!

Fancy SNs are an area some collectors find a bonus to collecting finer notes, but there are scads of others overly hopeful that repeating patterns in serial numbers will somehow automatically intone a great sense of value. Sure, finding them is somewhat hard to do and there are just one of each of them out there. Many feel lucky to have gotten hold of one. But not all notes are rare series. Many are abundant in printage (mintage) and an SN alone will not mean the note ought to be regarded more valuable nor rare because of it. I am sure that if coins had them, the same would happen there too, though.

Threads like this one become like a line of lemmings marching off the cliff... why do they keep coming? There's plenty of information out there, such as checking guidebooks for currency series that are rare or completed auction listings to find similar examples and extrapolate some semblance of a grade and potential value. The same is true in coin forums of people seeking info about "error coins" only be be told infinityly, "PMD". Yet these threads almost always get posted and crash down the lemming-cliff, every time. Of course, not everyone is a note collector and so seeks these sorts of places to ask about it, but there is a mountain of similar threads that should illustrate the unlikely chance, similar to hitting a lottery almost, that these notes culled from circulation are going to be rare, and furthermore, valuable just because of the serial number.

 

I thought I knew about fancy serial numbers, but apparently not. Please explain what makes yours fancy.

Here's a good reference for you: http://coolserialnumbers.com/FancySerialNumbers.aspx

 

What does that ink stamp on the right side of the bill indicate?

 

I really don't know
does anyone

 

Tellers stamp that on the outside of the straps. maybe the teller was a little bit drunk...

 

These are rather new, and depend highly on serial #'s and whether you have consecutive #'s in groups.

Even consecutive and UNC sometimes doesn't make a difference.
I remember 2 months ago after selling some foreign coins at a local coin shop, I received 10 x $100 that were 30+ years old, uncirculated and all consecutive (no one touched them, they were fresh from the bank or something). I assumed they were only worth face value since even a coin dealer who is experienced in both coins and paper notes handed them to me without thinking twice about it. I can't recall the year and series off hand, but they were older than the 2006 above. I ended up using them on another transaction as payment so they're gone now.

 

lol OK, thanks for the info.

 

Higher denominations tend to survive longer in uncirculated grades. If they were a common series and block, they were unlikely to be worth more than few dollars over face. Definitely not worth paying auction fees. And it's extremely unlikely someone will walk into a coin shop looking for these. Therefore there isn't much purpose in tying up all that capital.

 

"Fancy" is a very general term, and (IMO) a "fancy serial number" is very much in the eye of the beholder. If you happen to have entered the Univ of Hawaii in 1971 at age of 19, and wore football jersey #97, you might see this as a miraculous find, and likely call it a "fancy serial number" worth saving. Sure, the site you cite above is a great summary of commonly accepted fancy serials, but any number has the possibility of seeming "fancy" to the right collector.

 

Spend it before it's worth $99, $98, $97...................

 

Took me a minute to notice the fancy serial number, but now I see it. Is there much interest in collecting fancy serial number bills in the US? I know in India and China they're fairly popular.

 

Sorry, but this is my only Yankee note ($100) ...
... sadly, even though it's 78 years old it's probably only worth $100 ...

Ummm, does anybody with a catalogue know? (thanks in advance)

 

Many times I see the young collectors comment; "I would hang on to it, it's cool." Cool doesn't even buy it respect. They hang on to it, and five years later spend it because "cool" wears off. Fancy can do the same thing if it is not a true repeater, true radar or true binary.

 

It is only worth $100, i have 5 of them that i keep for emergency money.

 

Personally, I wouldn't keep the OP's note, even if it was a one dollar bill with the same serial, in similar condition. There's just way too many true repeaters, and radar notes around to merit keeping this one. And, most of them are fairly cheap.

Is there anything similar to this on the coin side ? Do coin collectors keep low to mid grade coins because they're close to being the key date ? I don't get it.