What's the value of a low binary $100 bill

Discussion in 'Paper Money' started by TermiteCasey85, Sep 3, 2022.

  1. TermiteCasey85

    TermiteCasey85 New Member

    I just received this $100 bill and notice the serial number LF00030303 it has a
    extremaly cool rating of 99.26 which is the highest of any bill I've looked up. Can someone tell me how much I can probably get for it.
     

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  3. expat

    expat Remember you are unique, just like everyone else Supporter

    Hi and welcome to CT.
    Although a cool serial number, it is my understanding from reading similar enquiries here, the higher the denomination the harder it is to find a buyer.
     
  4. SteveInTampa

    SteveInTampa Always Learning

    The coolness rating is misleading to new collectors. If you have to explain why your note is fancy, chances are it’s not that fancy. High denomination notes need to be in near perfect condition or have an extraordinary serial number to be collectible. Personally and respectfully, I would spend it.
     
    ldhair, AdamL and Paddy54 like this.
  5. Collecting Nut

    Collecting Nut Borderline Hoarder

    It’s binary but it looks to have been in circulation. Paper money grading is everything when it comes to value. Most collectors don’t want to tie up that much in a single note. The number is on the lower side but it’s not low. Low notes on modern bills are 999 or less.
     
  6. Hommer

    Hommer Curator of Semi Precious Coinage

    That factor means that after sellers fees and shipping, you get $99.26. Take the family to dinner, you will enjoy it more.
     
    Cheech9712 likes this.
  7. MeowtheKitty

    MeowtheKitty Well-Known Member

    Meow thinks it is not quite cool enough of a number too.
     
    Cheech9712 likes this.
  8. TermiteCasey85

    TermiteCasey85 New Member

    I don't recall stating anywhere that I was new to collecting and I definitely didn't try to explain why my serial number was or wasn't cool but if you go on eBay and look at recently sold there are quite a few bills that aren't in the best condition that have never been graded that have sold for 4 to 10x face value. But i appreciate you taking time out of your day to message me very irrelevant information to my simple question. Have a nice day!
     
  9. -jeffB

    -jeffB Greshams LEO Supporter

    $100s? Sure, $1s might easily get that kind of premium, but I think it make more sense to interpret that as "a $3 to $9 premium" for a circulated bill with a semi-cool serial. Great for a $1, possibly worthwhile for a $5, not for a $100 -- especially when eBay takes almost $15 off the top even if it just sells for face value.
     
  10. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    There are 30,302 notes from that run with a lower serial number. Just from that combination of preceding LF and trailing F.
    That definitely excludes your note from being rare.

    Now add to that the denomination. Larger denomination notes are less sought after unless all the boxes can be checked. Collectors don't want tie up those funds on a note that:

    - isn't a low serial #
    - less than high graded condition (think along the lines of 64 and up)
    - isn't very high paper quality

    The 'binary' coolness factor wouldn't play any part in adding value to a note like yours. It's just too high a denomination.

    Like all the others who've said it before me, that note can offer you and your family more of a return spending it on a night out.

    If none of this rings true to you, the very simple solution would be to put it up for auction on eBay with a reserve of $100. With feeBay fees taken out I hope you come out with your $100 bill intact. Good luck.
     
    Cheech9712 and AdamL like this.
  11. SteveInTampa

    SteveInTampa Always Learning

    You didn’t say you were new to collecting, but your question was typical to threads we get here from new collectors. Most experienced collectors don’t use that Coolness Index website. Your note has a zero percentage chance of selling for 4 to 10 times face value. Once again, I don’t even consider your note a keeper.
     
    eddiespin, Oldhoopster and AdamL like this.
  12. ldhair

    ldhair Clean Supporter

    Wow. Not a cool way to act. You received correct information to your question from one of the best in the field.
     
  13. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Love the serial number, the condition not
    so much, still a keeper but would say
    condition would be a limiting factor
    on value, so not much over face unless
    someone was looking for something
    similar.
     
  14. Michael K

    Michael K Well-Known Member

  15. Cheech9712

    Cheech9712 Every thing is a guess

    How come you didn’t check my new post. And I thought binary meant 0+1
     
  16. Cheech9712

    Cheech9712 Every thing is a guess

    Yeah I hear dat!!! My cool looking 50 didn’t get much attention.
     
    masterswimmer likes this.
  17. Cheech9712

    Cheech9712 Every thing is a guess

    I think I know who your talking about. He can take it.
     
  18. Cheech9712

    Cheech9712 Every thing is a guess

    What’s that mean
     
  19. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    I'm sorry about that Cheech. Unfortunately the above guidelines I posted ring true for your $50 as well. The high denom and ink mark on your note make it a tough one to hold on to. But it is cool. :cool:
     
  20. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    The TPG Co's use the designations:
    EPQ - Exceptional Paper Quality
    PPQ - Premium Paper Quality

    to describe that attribute of the note they're grading, when applicable.
     
  21. Collecting Nut

    Collecting Nut Borderline Hoarder

    That’s a true binary. Any 2 numbers will make it a binary note but zeros and ones make it a true binary. At least that’s the terms I’ve heard used in my area.
     
    Hommer likes this.
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