I don't have the budget to save $100 notes for the most part. I got this one yesterday at the bank. Is there any premium associated with this note?
i dont have my books with me.... but larger denomination notes are tough to sell for a premium unless they are in higher grades. your note has some folds and a small tear
What DJ has said is often true...you might find someone on EBay willing to pay a small premium but the expense and trouble may not be worth t to you.. If you cant hold on to it..let it go. I know you may not want to hear that but it just might be the best thing to do. Very cool find!! RickieB
Hard decision,on my budget now I'd say let it go,but keep your eyes peeled for another one in better condition.
I would hold for as long as possible. Maybe one day it will be worth more, ALso a good way to get in the habit of saving.
You're right, and I think that's a huge problem for collectors! It is possible to buy all the 1928 ad 1934 large denomination notes you could want (and afford), but try finding 1970's and later notes. It is very difficult because there has to be some type of premium associated with the note like TPG note or a star note.
Thanks for answering. I decided that it wasn't valuable enough for me to keep (I've a limited budget (and just can't keep 100s unless they are really worth it). So, I put it up for auction at my coin club tonight. I got the best of both worlds with this because I didn't want to spend it. It went for a very modest premium (I got $102 for it), so I made 2 bucks and it is in another collector's hand. I think it is a win win.
it is an aboslute win-win-win! The note is in the hands of a collector who wanted and could afford it, you made a small profit, and 1 less note hit the reserve shredders! FWIW - i cant keep any 100's either. I have a couple, but man does it sting if i want to keep one lol
Good call. There are still many of these notes at banks. If you could afford, ask a teller or the manager to check the drawers. Might find one that is AU-UNC.
