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Topic: 1937 $100 bill  (Read 11984 times)
livestrong
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« on: March 13, 2011, 11:17:17 pm »

Hi there,

I just found a 1937 $100 bill in an old book... seems to be in very good condition.  Serial # BJ3648830.

Any ideas on how much these are valued at on today's market?

thanks
friedsquid
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« Reply #1 on: March 14, 2011, 09:32:34 am »

Hi there,

I just found a 1937 $100 bill in an old book... seems to be in very good condition.  Serial # BJ3648830.

Any ideas on how much these are valued at on today's market?

thanks


For a VG the cat price is $125.  Hope that helps.



Always looking for #1 serial number notes in any denomination/any series
jvickers
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« Reply #2 on: March 16, 2011, 08:03:49 am »

If the bill truly is "VG"= a heavily circulated bill with little or no crispness remaining , some loss of colour or vibrancy, pinholes, nicks/ticks, tiny tears etc.

Catalogue price is$125

If the bill is an Extra Fine to an almost uncirculated=It will be attractive bill, maybe one light fold, sharp edges, a few soft corners, etc

Catalogue price is $250-$450

If the bill is uncirculated=it is never been processed, sharp edges and corneres, no folds, "mint"

Catalogue price is $900-$1200


Hope this helps
walktothewater
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« Reply #3 on: March 16, 2011, 10:10:28 am »

Quote
If the bill truly is "VG"= a heavily circulated bill with little or no crispness remaining , some loss of colour or vibrancy, pinholes, nicks/ticks, tiny tears etc.

Catalogue price is$125

If the bill is an Extra Fine to an almost uncirculated=It will be attractive bill, maybe one light fold, sharp edges, a few soft corners, etc

Catalogue price is $250-$450

If the bill is uncirculated=it is never been processed, sharp edges and corneres, no folds, "mint"

Catalogue price is $900-$1200


...but then again, these are catalogue price ranges, which are like a seller's dream price when the market is hot.

You've asked
Quote
Any ideas on how much these are valued at on today's market?
which is far trickier question to answer.

#1 the note is a $100 bill which attracts far fewer collectors and happens to be a denomination which is commonly stashed in people's safety deposit boxes, shoe boxes, etc. True, they're not quite as common as the 1954's but they're still fairly common (esp in lower grades).

#2 the market for higher denominations is soft unless the note has a rare Osborne/Towers signature or is in very crisp uncirculated condition

#3 the market is pretty soft across the board as many North Americans (& world collectors) try to consolidate their investments, etc, recovering from 2008 economic meltdown.

That's the way I would perceive today's market however things could change.  You may wish to hold on to it if its better than Very Good (doesn't appear to be very flawed as described by "jvickers" post when elaborating on the condition of a "VG" note). 

There could be a surge of interest in the $100 denomination when BOC releases the much anticipated $100 polymer.  However, that is assuming that the economy continues to improve and the new series attract a number of new collectors (hence higher demand).

jvickers
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abyss
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« Reply #5 on: March 16, 2011, 07:00:53 pm »

Here are some ebay links for a variey of conditions of the 1937 $100

This will give you a sense of what people "may" pay for them. SOme of them do have bids and offers, which can justify that their are people wanting to buy them.

http://cgi.ebay.ca/1937-CANADA-100-00-B-J-4294903-Co-To-EF-861-/170613895560?pt=LH_DefaultDomain_210&hash=item27b9617188

http://cgi.ebay.ca/1937-100-Bank-Canada-C-T-sign-ORIGINAL-CH-AU53-EPQ-/370352385456?pt=Paper_Money&hash=item563ab8edb0

http://cgi.ebay.ca/1937-100-Go-To-BCS-UNC-60-/120673955922?pt=Paper_Money&hash=item1c18ba7052

http://cgi.ebay.ca/1937-100-Dollars-Gordon-Towers-Circ-/300535837788?pt=Paper_Money&hash=item45f954f45c



First of all ...a CT signature is not a GT signature so not a comparrison like you are trying to make..
Also only one of the two links you posted are for a GT $100 note and only one has a bid
the bid is for $102 and by a new ebay buyer who likely will overbid because of a lack of knowledge...The point you are actually showing is that a note in VG condition is likely not worth much over FV....:)
jvickers
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« Reply #6 on: March 16, 2011, 07:32:30 pm »

First of all ...a CT signature is not a GT signature so not a comparrison like you are trying to make..
Also only one of the two links you posted are for a GT $100 note and only one has a bid
the bid is for $102 and by a new ebay buyer who likely will overbid because of a lack of knowledge...The point you are actually showing is that a note in VG condition is likely not worth much over FV....:)

I am aware of the different signatures etc, i was simply trying to portray how the grade will significantly incease the price, as i discussed with the catalogue values earlier. I also don't know whether his note was a GT or CT, as the note was described as B/J which denotes CT or GT, which essentially is irrelevent as the value is equal until the unc grades, so i kindly provided him with a few links to both.

I was just trying to help, and im sure he/she appreciates it. 

jvickers
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« Reply #7 on: March 16, 2011, 07:41:03 pm »

My mistake Abyss, the serial # does tell us it is a GT...but still same cat price for CT or GT
abyss
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« Reply #8 on: March 16, 2011, 08:44:49 pm »

Hi there,

I just found a 1937 $100 bill in an old book... seems to be in very good condition.  Serial # BJ3648830.

Any ideas on how much these are valued at on today's market?

thanks



Maybe if you can scan the note it would help out to determine a grade...
 

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