1950 C $5

Discussion in 'Error Coins' started by survivor, Feb 16, 2005.

  1. survivor

    survivor New Member

    I found this today andwas wondering if this is an error, I looked on ebay and all the bills there the stamp is centered? if you notice the stamp is to the far right in the Word FIVE.
     

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  3. Conder101

    Conder101 Numismatist

    It is an error but a very minor one. The offset of the printing is not far enough off to be worth a premium.
     
  4. survivor

    survivor New Member

    thank you

    now I know so I will spend it.
     
  5. NOS

    NOS Former Coin Hoarder

    Well now wait a minute there...Im guessing you found it in circulation...sure it is well worn but keep in mind that it was printed in the 1950s and that the Federal Reserve destroys the old style notes right away upon redemption and never releases them back so spending old currency is what I call "Numismatic Irresponsibility". Heck I would rather buy it off of you than to see it just wear out even more and destroyed.
     
  6. survivor

    survivor New Member

    oh man

    It is to late I sent it back into circulation. I will keep you in mind and if I get any more you will be the first to know? See we all collect for different reasons and for me it's saving the goodies to cash in later in life for a profit.
     
  7. JBK

    JBK Coin Collector

    This note will never be worth any real money numismatically. Better to use the money to buy something that is worth saving.
     
  8. NOS

    NOS Former Coin Hoarder

    Thank you survivor. As for you JBK, that is irrelevant. I like collecting by the signatures and what have you so it would have been a wonderful addition to my collection as I was without that type.
     
  9. JBK

    JBK Coin Collector

    I am all for collecting "filler" grades until a better examplke can be found, but a CU example would not be expensive, and is the only real grade that is collectable for modern currency (unless it is a rare variety).

    A well circulated example of a common piece of currency will never increase in value significantly (or at all), but a CU example stands a chance of holding its value increasing.

    There are millions if not billions of dollars in old circulated currency (silver certs, $2 bills, etc) that people hoard that will never be worth more or much more than face value. If they invested this money in anything else, they would have some real appreciation. As is, their money loses value to inflationevery day.
     
  10. NOS

    NOS Former Coin Hoarder

    Yes you are so very right.
     
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