I posted last week about saving the old design $10 and $20 notes. I have several notes with writing on them. I can't see the point of saving these as the writing won't come off without ruining the note. The other notes are very recent, from the 90's and a few 80's and 70's,but all with creases; especially down the center. If in crisp, uncirculated condition, I would be willing to put them aside to save.
I think we already went around a few times on this one. In my opinion, almost no note you woudl find in circulation (even silver certs and red seal 2$ bills) is really worth savibg unless in strict CU condition. Even "high grade" circulated notes are not worthh saving in my opinion unless they are a scarce variety. I would rather invest that money in quality notes or coins.
Saving US Currency I totally agree. I recall when the $2 bill came out. We were told to save them as they would be worth a small fortune! Through the years, I saved "Ike" dollars, 1970D Kennedy Halves, etc. Articles at the time predicted these would be worth hundreds of dollars in the near future. Who even knows if the State Quarters will have future value? I collect them for the fun not the profit!
I actually bought a bunch of Ikes a ywear or two ago, saved the "nicest" ones (not really that nice) and am slowly spending the rest just for kicks. Someone else's saving 30 years ago is providing me with cheap kicks in 2005. I spent under $2 each for them, which means the seller doubled their money in 30 years. Woo Hoo (not). At one restaurant I paid for a beer with an Ike ,a Sacky, and an SBA all at once. The waitress, to her credit, thanked me a little excitedly and did not hive me a blank stare.
Most of the Ike, SBA and Sacajawea dollars are of little value over face as collector coins, but------------------did you ever notice you seldom see them in circulation? Seems like people snatch 'em up and put 'em away as soon as they surface.
You dont see them in circulation because people hate them, The U.S. lags far behind other countries in its acceptance of dollar coins. For the most part they sit in bank bags. Or in dollar changersd at laundrymats
Yes and no. "Acceptance" might not be the right word. Most if not all countries that have high value coins do not also issue a paper note of the same amount, so, it is use it or go without. But....1 and 2 euro coins are a breeze. No hassles at all.
People might hate them when they are common, but eyes light up when I spend them. I sure wish I could get a bunch of Ikes at face value and spend them! Freakin' out the dudes in the drive-through window is great. I have a few Ikes, all circulated, and I know they are worth a dollar each, but I won't spend them because I know I won't get them back. Sacs and SBAs, on the other hand, are always available at the bank, and I enjoy having a few of them in my pocket to spend on small stuff. Did you ever hear about the commedian (I don't know his name, and I've never seen him, I've just heard about him) who would order sheets of dollars from the mint and take it to the grocery? The cashier would say, "Eight dollars," and he'd pull out the sheet and a pair of scissors and start cutting. It's an expensive way to be a troublemaker, but I'd love to see some candid-camera video of people doing that. about six years ago I took a nice but circulated old-style 20 and put it in a currency sleeve in my folder to save as the new 20s were introduced. Now, though, I think I'll just nip it from the binder and use it to buy something small and silver. Especially since my coin-collecting budget is hovering around $0.
This true to a degree - many people do not like having large coins in their pocket or purse. They would prefer to use the paper money for the sake of convenience. But there is another reason as well - the general public, since 1964 and the advent of the Kenedy half, have held the belief that the large denomination coins are rare and bound to be worth a fortune some day. As a result, whenever they see one in circulation, it is immediately pulled out of circulation and hoarded away. They have no idea there are actually millions, billions more of these coins out there. That they will likely never be worth more than face value. Now banks - that's another story. The banks absolutely hate coins - all coins.
Well...the 1970-D halves are still worth a little...I hope you didn't spend them!!! What I like to do it spend $2 bills...Sac's, SBA's, and halves--I did that once at a fast food place and I didn't think the gal was going to take them... My total was something like $5.75---so I used a $2.00 bill a $1 bill and a SAC, and a SBA, and a quarter and a half....it took a while to get my food Speedy
Yeah, you want to confuse a checker, slap down 3 SBA's and 3 State quarters to pay a $3.75 tab. I'm like most people and don't like to carry a lot of coins, but think if my bank has any in stock I will start carrying some dollar coins just for the heck of it!
If he spent the 70D's I hope it's in this neck of the woods LOL!! Didnt they only come out in the mint set?
Yes they did--I guess some people cut up the sets and spent the halves. I know a few guys that have found some in change...it would be fun. Speedy
