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<p>[QUOTE=&quot;funkee, post: 1907391, member: 37925&quot;]I have been in touch with a dealer from whom I bought my $500. While asking about $1000s, he provided me with a very interesting tid bit. For anyone in the market for a high denomination, this may be relevant to you. </p><p><br /></p><p>There is an anonymous buyer, who has the desire to buy all $500 and $1000 bills in high grade. He has cleared out dealer inventories. This dealer sold his entire inventory of high denoms (58 &amp; up) to the buyer&#039;s agent. Not only does this buyer have a desire to own them all one day, he has the means to do so. I figure that means $100 million plus to spend. </p><p><br /></p><p>What does this mean, you ask? Well, someone who is trying to buy all notes will drive prices sky high. It simply boils down to supply and demand. </p><p><br /></p><p>I personally doubt that this buyer will ever be able to own them all, since some people won&#039;t sell at any cost. Another reason is that while more and more notes come off the market, prices will go up. That means each subsequent note will be more and more expensive. Own them all? I don&#039;t think this anonymous buyer can accomplish it. But they can still do some serious damage. </p><p><br /></p><p>If you&#039;re interested in a high grade (58 and up) $500 or $1000, I would act quickly. For your reference, the most common 1934a $500 Chicago in PMG or PCGS 63 epq/ppq have sold between $3600 and $4200 lately. Just a year ago, they were closer to 2500-3000.</p><p><br /></p><p>I did some research on recent sales and saw prices jump at least 25% in the last 6 months, which has not even remotely followed the market trend for other notes. This supports the claim. Circulated notes have seen an uptick, but not as sharp. </p><p><br /></p><p>I can&#039;t guarantee that you&#039;ll make money by buying one. This isn&#039;t investment advice whatsoever. I recently obtained a $1000&nbsp; in 63ppq (through the help of my folks). Prices are still climbing so I wanted to share this info. If you want one, my opinion is buy it sooner than later.[/QUOTE]</p><p><br /></p>

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