this might be a stupid question. I have been searching the forum to see if it's been asked before but cant find it. Are bills that have been made in to a pad less valuable to collectors? I know that uncut sheets have value. but what about sequential or fancy serials that have made in to a pad?
Not sure...I know Steve Wozniak of Apple Comp fame used to do this with $2's. He'd buy a stack of sheets and have them cut and fashioned into pad. In fact he had a run-in with a belligerent clerk and the cops once over it. Hafta find that story online somewhere... Here you go...A neat story in the man's own words: The Woz and $2 Pads
Not sure what exactly these pads look like, but if notes are cut from their sheets issued from the BEP or changed in any way from their original numismatic form, I am going to suggest they loose any potential numismatic premiums for pure note collectors. However, as a novelty associated to numismatics, finance, banking history, money systems, etc. there may be a collector of such ephemera willing to pay a premium based on personal desire for the thing(s) they collect. If you have a link or photo to post of these pads or something similar, please post. I did turn up this link: moneypads.com but the site is limited on visuals of the product and that site looks pretty amateurish. Assuming these at the link have applied, with heat, a glue strip to one edge, the notes are irreversibly damaged.
According to Wozniak, his are glued and perf'ed, more like a checkbook than a notepad to me. I agree, collector value is gone, but as a novelty, I want a pad of Bens so I can mess with people!!! The Secret Service doen't have enough to do these days anyway.
Those are the type I'm talking about ( moneypads.com ) I see them all the time at my work and was wondering if it would be worth saving any fancy or low serials etc if it has been in one of these pads, or if the red glue kills there value.
I believe it because somthing similar happened at my work. I was training a new guy and some kids came in with some $2 bills he started arguing with the kids tell them that they were fake bills. he was about to kick them out until I stepped in and took the bills. BTW my store gets A LOT of $2 bills parents get them to give to there kids to pay for school lunch.
I believe he may have used them, but i dont believe that he gave the secret service agent a fake ID. If the secret service agent doesnt recongnize the obviousness of teh fake ID, he's not a real secret service agent. And if the secret service agent really wanted to talk to the guy he would have gone over and got him himself. They dont send family members to relay a message that they needed to talk to the guy... JMO!
They are damaged if glue has been applied. Also the act of handling them to glue them together as well as to tear them apart likely damages the original paper surface in some minor way. You may be able to save some notes with fancy SNs that appear to have no damage, but there is no guarantee that down the road any contact with glue may not become apparent.
Thank you that was exactly what I was asking about. so unless its a REALLY odd serial I wont bother saving them if there from a pad.
