Are web notes worth saving?

As I've mentioned in another thread, I found these bills in a very small hoard of my uncle's collection.

Keep? Spend?

Thoughts?

As always, thank you all for your helpful guidance.

 

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Keep. Not a paper collector here but some of the numbers are pretty cool. And besides, why not keep them as a remembrance of your uncle?

 

I can't agree more with it being a part of my uncle's legacy. The thing is, there is over 400 dollar bills. He was not a collector in the traditional sense. His spouse didn't even know he collected. I didn't know. I found a cigar box with the bills and only surmised he was a closet collector when I examined the bills and noticed a large preponderance of significant serial #'s. A huge amount are 'almost' #'s. A few are really nice. All are circulated.

 

Webs are keepers in my mind, but I get your point.

 

All worth keeping. There's only $1 invested in each one, they have to be worth 5 times that. More in better condition.

 

$5 for circulated web notes? I had no idea. Thanks for the heads up. Definite keepers.

 

http://www.mycurrencycollection.com/reference/web-notes/lookup

 

Heck, I would say so

 

Keep them, for sure. Not only are they valuable to collectors, have a low face value, are in decent condition, but, you also won’t find these again.
These notes were last released before the WEB press was scrapped in the mid 1990s.
So, why not keep them?

As I said before, I keep ALL 1980s $1 notes, but, that’s just because I don’t see them that often. (It’s quite uncommon to come across a $1 note from before Series 2003A or 2006.)

 

How do you use that look-up?
What is the front plate? what is the back plate?

Please explain using the note above with the F09003030V serial number. Thanks.

 

@mpcusa @SteveInTampa

 

The lookup is as follows:

The note series is 1988A in the dropdown menu.
The F09003030V is the serial #.
The front plate is the tiny little number '4' on the lower right corner just above the larger '6'.
The back plate is the tiny little microscopic '8' on the reverse in the upper right quadrant.

I hope that clears up things a bit.

 

How's this?

 

Thanks Lego. Makes logical sense. I'll keep them. Besides, there are a lot of 'almost' serial numbers in the cigar box.

My uncle wasn't the traditional collector in the buy what he likes type of collection. He was just a save what he thinks is significant type of collector. Nothing slabbed. Nothing in books. Nothing in holder's. Everything stacked in a cigar box. Everything collected from his pocket change. In order for me to determine the cigar box contained anything of significance it required me to scour the contents in a CSI type of search.

Before I realized the box was something a little special I did dip into it and spent probably $15-$20 of the bills. It was actually joining Coin Talk that opened my eyes to checking the contents more closely. I was never a paper money collector, only coins.

The members on CT schooled me 100%.

FYI, I have no idea whatsoever the bills I passed on using the stack as spending money. Fortunately it was only $15-$20. Could have been a lot worse. There's still a solid $415 left over.

 

are they all webs or some just fancy numbers? 400 web notes would be quite a Hoard

 

Nope, those are the only web notes. The others are serial numbers that have repeaters, radars, low #'s, almosts, and basically numbers that you can see he thought were special enough to save but are actually just spenders. All of them are 1988A with a very few 1993. None more recent than 1993 though.

 

In addition, I'd say with relative certainty that he didn't know anything about web notes. These were just coincidentally saved due to the serial number being cool to him.

 

He was not a collector, he was an accumulator.
I would keep a few of the nicer notes, then sell or spend the rest.

 

Fair representation of his accumulation

 

So your Uncle was saving cool serials & accidentally caught the webs? Very cool! Glad to read you will keep them