When the 1996 (at least I think it was 1996) $10o was released I went to my bank and requested a couple of the current $100 dollars in the best shape they had and a couple of the new $100 bills. I immediately put them in the SDB I have at the bank. Those new, 1996, $100 bills haven't seen day light since I bought them. Are they worth only face value? As soon as the new $100 bills reach my bank I'm going to transfer some saving to cash and request the cash in new hundreds. Then look for defects, radars and other interesting serial numbers. AFter searching thru the bills I'll deposit the ones I don't want back into my savings. Anything else I should look for? Mike
I saw on yahoo news or whatevers on the front page an article that is titled something like "new $100 bills worth 15000 to collectors" check it out
While you can make some money on low serials, radars, repeaters, errors, and the like, don't expect anything close to 5 figures on anything you find. Best case scenario would be maybe 25-50% over FV, unless you happen to find a single digit serial number. Your 1996 $100s probably don't command a premium yet, I still see CU '96 $100s in circ from time to time. Remember -- the higher denomination notes circulate the least.
harris, while you're correct that they would have some premium to them, it won't be anywhere near the 25%. I've sold XF star $100 notes and only got a 15% premium. Non-stars and non-fancy serials generally only go for a little over face.
I was just referring to the fancy serials/repeaters and the like bringing the 25-50% over FV. Non star, non fancy SN notes really shouldn't bring a premium at all, I would expect, at least not one that would outweigh potential seller fees.
