I'm trying decide the upside, if any, on keeping all these bills long term. Recently acquired them from a teller who said a customer deposited a full strap of the old small face bills (they must have been sitting in a vault somewhere the last 15 or so years). Lots of nice unc bills all dated 1990-1993 but am thinking will only hold onto the 40 consecutive ones, which also means I will pull older ones from my collection to release back into the wild. Wasn't really planning to hold this many $20's but will the fact that they are uncirculated and sequential perhaps bring some decent collectible interest and value 20-30yrs from now? Maximizing my potential return here is not a concern as I know there are plenty of safer/better investment alternatives out there. I am posing this question from a collectibility viewpoint. Thanks for your input.
Sounds like you have more than one Series there and before we can really help you with this, please tell us what each of the districts and Series are for each (Boston, New York, Atlanta...) Also what are the serial number ranges for the consecutive notes and what District and Series are they from?
knowing the district and exact series is extremely important. that will all depend on if it is worth keeping the notes. if the are GEM's they could be worth anywhere from $40-125 each. please post some pictures if possible
That's still pretty cool if they turn out not to be worth a whole lot. I love the old designs. I always ask my bank everytime I cash checks if they have any of the older bills. Most of the time they are worn and not worth keeping so I respend them but it's fun to see the reaction. I guess it's because it's what I grew up with. I remember having a car with a 20 gallon tank and being able to fill it up for $20.
Krispy/urbanchemist see where you're going. Had done a quick check of the red book but nothing really jumped out for these series. I could have missed something. Pics below. For the number of bills I was hoping to find a star or two but no such luck. There's an almost RADAR in one of the pics. Too bad it's not.
they all look like they are from big print runs. so i would say about $40-50 a note. have the consecutive notes is nice. that might add a premium to the right buyer. nice finds.
I agree. If you can keep them, I would. The condition of these notes coupled with sequential serials will make them increase in value over time.
While there's no guarantee of these factors alone having this effect on valuation, it doesn't necessarily hurt the chances in the future. Remember, there are a lot of these notes out there and there could be entire sealed straps with uninterrupted SNs bound in their straps, even those with fancy SNs which would both help to make such notes gain in value, despite the high printage working against them.
Thanks for all the feedback everyone. Yes, this is what I have been considering. High mintage and fairly high denom, but no stars or fancy numbers. Coupled with the high number of bills (40) am guessing these have a somewhat limited upside down the road. There's a "neat" factor here but no wow.
