CPM Forum
General => What's It Worth? => Topic started by: nebulatig on November 22, 2015, 02:06:35 pm
-
Hi,
New poster but I've been lurking for a while.
I inherited these several years ago. I'm thinking they probably aren't worth much more than face value so I may be better off just depositing the money and investing it.
I notice there is one that has low serial number. Is there any worth in hanging onto these?
-
I thought I attached a picture. I'll try again.
{attach:3624}
-
All are the common EKA variety (no premium there). The notes ending in serial number: XXXXX16, __69, ___33 look to be almost VF which are no more than Face value in the book ($1000). Notes ending in __43 & __13 appear to have tape on them further decreasing their collectible status (ie making them "spenders"). The note ending in __13 is 3 numbers more than a repeater so no number appeal there (its not a low #). The other 5 notes may be in slightly better shape but not Uncirculated & IMO I could definitely put them to better use than sitting in my SDB- unless you really like to keep them b/c of their aesthetics or for sentimental reasons. The big problem with selling $1000.00 notes is that they do not generally attract much of a following, they're expensive to sell & they tend to have weak market appeal.
-
Thanks, that's what I thought.
-
Some coin dealers will buy the notes for a slight premium. I sold some of the notes to dealers between $1,020 to $1,050 a piece. There is still demand for these $1000 notes in the underground economy! Why carry 60 x $100 notes when 6 of these notes are much easier to transport.
Go to a dealer before you deposit these notes for face value.