1988 $100 Bill

Discussion in 'Paper Money' started by Brandy Wilson, Oct 17, 2016.

  1. Brandy Wilson

    Brandy Wilson New Member

    IMG_0286.JPG IMG_0284.JPG I came across this bill today, and at first I suspected it was fake because it lacked a watermark. But after concluding that it is in fact real (raised ink on the bill and silk fibers) I'm wondering if it might be worth something. I really know nothing about bills so any information would be wonderful!
     
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  3. cpm9ball

    cpm9ball TRAFFIC CONTROL MONITOR'S HELPER

    First, welcome to the neighborhood @Brandy Wilson !

    The BEP has made many changes to all denominations to reduce the chances of counterfeiting, and one was to change from a small portrait, like this one, to a large portrait. You can still find notes with the small portraits, and there are some people who collect them. How much it might be worth is something I can't tell you because I don't collect paper money.

    Chris
     
  4. hotwheelsearl

    hotwheelsearl Cheap edited

    I personally would give you $110 for it since I really like the look of small heads. And they are so hard to find in the wild, especially 100s - tellers are trained to set those aside the second they see them so they can be returned to the treasury and destroyed.
     
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  5. Noah Finney

    Noah Finney Morgan / Gold Indian Member

    How Terrible

     
  6. paddyman98

    paddyman98 No Common Cents! Supporter

    It's real. Worth only $100.00 Spend it!
     
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  7. NOS

    NOS Former Coin Hoarder

    It's worth $100...to you. It's worth $110 to hotwheelsearl. What it's worth to someone else, who knows? What may not interest one collector may interest another and for different reasons. I feel notes such as this should be given the opportunity to go to collectors before swiftly being labeled as only worth face and a "spender".
     
    Last edited: Oct 17, 2016
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  8. Noah Finney

    Noah Finney Morgan / Gold Indian Member

    I would speand it.
     
  9. hotwheelsearl

    hotwheelsearl Cheap edited

    I bought a 1969 $10 from my friend for $15 because he threatened to spend it. It hurts so much to see a small head be spent!
     
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  10. alurid

    alurid Well-Known Member

    It's a keeper, looks like there is no hard fold in it. Your children will think its funny looking and it will still be worth $100+. And welcome to CT
     
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  11. Lon Chaney

    Lon Chaney Well-Known Member

    Big bills don't have as many collectors as small bills, since it's a much bigger investment to keep them.
    A 1988 $5 in similar condition might garner more % over face than a $100, since more can afford to buy and keep.
     
  12. Noah Finney

    Noah Finney Morgan / Gold Indian Member

    I keep everything pre-1964 even notes
     
  13. Lon Chaney

    Lon Chaney Well-Known Member

    1963 nickels?
     
  14. paddyman98

    paddyman98 No Common Cents! Supporter

    I know a lot of people in need. To keep it would be vanity.
     
  15. NOS

    NOS Former Coin Hoarder

    Again, to you. That's like saying, "You shouldn't keep money in your savings account because someone out there could use it." I don't have time to specify which ones are applicable but I'm sure your statement falls under at least one of these logical fallacies: http://www.csun.edu/~dgw61315/fallacies.html
     
    Last edited: Oct 18, 2016
  16. paddyman98

    paddyman98 No Common Cents! Supporter

    Nice read. I like websites like this. Thanks ;)

    PS. I sent you a PM
     
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  17. Noah Finney

    Noah Finney Morgan / Gold Indian Member

    I LIKE WEBSITES LIKE THIS TOO. DO YOU KNOW ANY OTHER COIN/STAMP WEBSITES?
     
  18. I love threads like this, and welcome to Coin Talk @Brandy Wilson

    Once again there is at least two different ways to look at this note.

    The note is not rare, or fancy and it is not an error note. It looks to be maybe an XF note with original paper quality. A typical currency dealer would either say they are not interested in buying it, or offer you face value, and I can count the number of $100 note collectors I know on one hand and have a couple of fingers left over. They usually want uncirculated examples, or star notes, or fancy serial numbers, or error notes.

    On the other hand, you have members that insist that older small head notes, in any denomination, are collectible regardless of their condition. A member here has already offered 10% over face. So what do you do ?

    If you like it, and can afford to keep it, then keep it. Put it in a currency sleeve and enjoy looking at it and holding it. Personally, I do not shop for notes like this and do not value it over face. If I found it, I would offer it at face value to another collector that likes it.
     
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  19. Michael K

    Michael K Well-Known Member

    Got one of these from the bank (credit union) along with the big head monopoly money North Korean supernote 100's. I saved it for a while because it is cool. But ultimately I spent it. If I save it for 10 years and it is then worth $105, it's more valuable as a $100 today. The old small head notes are much nicer IMO. Do the new notes deter counterfeiters?
     
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