And listed for $174 online too . Why someone decided to send this absolutely ordinary (non-star, uninteresting serial, not to mention totally beat up) C-note in for grading is anyone's guess. I do like small face notes, but honestly, I wouldn't lose any sleep over the Federal Reserve turning this particular one into confetti or insulation when there are so many other ones in nicer shape that could be saved. There isn't even a lowball market for notes as far as I'm aware, unlike with people hunting out PO-1 silver dollar specimens.
Haha, the funny thing is even bills from the 1930s in this condition are trading at face value, and that's 90 years ago now. You have to go back past 1928 for stuff to have value over face, even in this awful shape.
Never mind the grading fee. This bill would have to bring over $1200 today just to have held its value against inflation.
Y’all are looking at this all wrong. This note is from the Rickey Collection. Whoever graded it just wanted the Rickey Collection noted on the holder.
I'm not that familiar with Legacy, so I looked it up and looked up this bill and the ones with numbers just before and after it. Whoever had this graded apparently had a handful of ordinary FRN $100 bills graded at the same time. Nothing is said on the Legacy site about the Rickey Collection notation on any of these. Can anyone just ask for any notation like that to be on the label without proof? The Rickey Collection consisted of some of the rarest U.S. bills in existence. Why would it have included a selection of ordinary, circulated $100 bills, some mutilated?
I’m sure you’ve heard of the Redfield hoard. The collection, famously hoarded by Nevada millionaire LaVere Redfield, consisted of roughly 407,000 silver dollars. While it contained some rare Carson City Morgans and key-date Peace dollars, the bulk of the hoard was comprised of common-date Morgans and Peace dollars from the San Francisco (S), New Orleans (O), and Philadelphia (P) mints. Those common date Redfield coins always sell at a premium because the name, not the date or condition.
The Rickey Collection is anything accumulated by Dave Rickey - I have my own thoughts about a lot of the stuff from that he acquired and flipped. He is well known with large sized Nationals that he sold years ago, later on he got into buying any and all Irish notes with an emphasis on quantity.
The real crime was where this note was sent for grading, Legacy are you kidding me the founder of this company ran his previous company in to the ground PCGS (Collectors universe ) coasting people millions of dollars !!