Poll

Do you collect $1000 notes?

Yes
7 (21.2%)
No
26 (78.8%)

Total Members Voted: 0

Author
Topic: DO YOU COLLECT 1000 DOLLAR BILLS  (Read 49204 times)
stevepot99
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« on: September 04, 2006, 10:36:56 pm »

DO YOOU COLLECT THEM
walktothewater
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« Reply #1 on: September 04, 2006, 11:13:52 pm »

No and if I had the money I wouldn't collect them either.  I'd rather sink a $1000 in an *N/Y $1.00 or a 1000 other rarer, more desirable notes

Mikeysonfire
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« Reply #2 on: September 04, 2006, 11:31:36 pm »

No. But do have one... Some day I hope to get a 1954 one.
stevepot99
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« Reply #3 on: September 05, 2006, 12:49:01 am »

I would not mind one but I doubt it would be for more then face value
Archey80
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« Reply #4 on: September 05, 2006, 12:55:20 am »

I had a 1954 $1000 at one point a few years ago I got it from a friend for $1000 sold it a year latter for like $1100 or somthing I would rater buy some nice Error notes I have a few really nice ones but I am always looking for more.

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BWJM
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« Reply #5 on: September 05, 2006, 01:21:27 am »

Do you collect these notes?

BWJM, F.O.N.A.
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BWJM
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« Reply #6 on: September 05, 2006, 01:23:34 am »

I had a $1,000 note, but I sold it to acquire a nice production trial note.

[edit]I created a poll and moved the contents of the original thread into this one.[/edit]

BWJM, F.O.N.A.
Life Member of CPMS, RCNA, ONA, ANA, IBNS, WCS.
President, IBNS Ontario Chapter.
Treasurer, Waterloo Coin Society.
Show Chair, Cambridge Coin Show.
Fellow of the Ontario Numismatic Association.
Oli1001
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« Reply #7 on: September 05, 2006, 01:35:32 am »

I love/collect $1000 notes. James and I have debated this hundreds of times, obviously I'm right  :P ;)

« Last Edit: September 05, 2006, 01:35:43 am by Oli1001 »
Hudson A B
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« Reply #8 on: September 05, 2006, 11:01:56 am »

It's hard to hold onto one of them when you know how many other goodies you could get.

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hanmer
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« Reply #9 on: September 05, 2006, 11:51:37 am »

I'd like to have one just to have it, but $1000 is a lot of money to tie up for my budget anyway.

 [smiley=beer.gif]

:)
buxvet
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« Reply #10 on: September 05, 2006, 06:12:17 pm »

looks like me and Oli are the only crazy ones. :)
Punkys Dad
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« Reply #11 on: September 07, 2006, 05:18:26 am »

As I remember some years ago I held a pair of $1000's birds in my shaking hands from my Royal Bank branch. Back then I had something called a savings account. I would love to collect them but financial limitations prevent me from doing so.

Teeny guy on my shoulder sez, It's only money mon
doug62
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« Reply #12 on: September 07, 2006, 06:14:25 am »

About 8-9 years ago i was saving (not collecting per se) $1000 notes. Why is another story  ::)  . Bank did not keep them in stock, so would order them, than phone me.
I remember one time the teller handed me the note and showed me how this one is special with the X and people collect them.  I just thought 'Yeah, whatever, it's a thousand bucks to me' as i crunched it in my front pocket.
AND YES it was perfectly UNC when handed to me.  :'(
kid_kc79
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« Reply #13 on: September 07, 2006, 05:13:52 pm »

I currently do not collect 1000 dollar notes because those that I want are a bit too expensive and those that go for face just seam like a bad investment.

I will not rule out that in the future I would like to have a 1935 or 1937 $1000 note under my belt, possibly even a DF. These would be the only $1000's I would even consider

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twoinvallarta
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« Reply #14 on: September 08, 2006, 09:21:35 pm »

"the historical significance of this denomination is too low"

Dont know about that.Presently I have the 1935 $1000 Unc,all 1954 $1000 Unc,have seen a few 1937's offered AS UNC but,alas,imo they were EF+ to AU's.

Now this one ,that's a historical piece I'd love to go after ;)

Series 1880 $1,000 Legal Tender
By Dustin Johnston

The Series 1869 notes ushered in a new artistic vision for United States Currency. All denominations, from the fractionals all the way to $1,000 notes, excluding Gold Certificates, were given facelifts. Most of the changes ushered in by the redesign were intended to thwart counterfeiters. On all denominations of large size notes, portraits were increased in size and a second vignette, usually incorporating elements of a historic event, place, or just plain allegory was used. Other features implemented included a streak of soft blue ink, improved paper quality, and more skillfully executed engravings. The change in appearance was drastic.

New elements on the redesigned Series 1869 $1,000 Legal Tender featured a portrait of DeWitt Clinton at center, and at left, Christopher Columbus in his study, fixed in poignant thought. On back, the design is mostly geometric with the anti-counterfeiting clause at center. Despite all the new design elements, counterfeiters had their way with some of the Series 1869 denominations, especially the $500, which had to be redesigned only a few years after its introduction. The $1,000 denomination was spared widespread counterfeiting and resulted in mostly minor design changes. Starting with Series 1878, the back was redesigned in a much more ornate fashion. At center it remains mostly geometric with the words UNITED STATES OF AMERICA and $1000 (only three notes in US Currency have featured the dollar sign). The artwork that branches out is a finely detailed arrangement of flowers, leaves and other natural elements, adding to its anti-counterfeiting repertoire.

The longevity and popularity of this design allowed the note to go unchanged until the early teens when the last of the Series 1880 notes with this design were printed. Despite having been printed for more than a quarter century, surviving examples of this issue are quite elusive with only a couple of dozen examples extant for all signature combinations. We are privileged to have one of the scarcer of the Friedberg numbers in our September Signature Auction, September 13-15. The Fr. 187k featured in Lot 18669 is one of only four known examples, two of which are forever off the market in government hands. One of those is in the holdings of the Federal Reserve Bank of New York, and the second is the Hessler illustration note which is now in the Smithsonian Institution.


nova7415
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« Reply #15 on: September 14, 2006, 07:16:48 pm »

I recently aquired a Bird series 1000.00 note from my bank for it's face value :). I would not have bought if for a premium though ::). An update on my Bird 1000.00.......I just traded it in, again at my Scotia branch for face value, to a 1954 series 1000.00 Lawson/Bouey......I prefer the older series 8).
« Last Edit: August 04, 2008, 05:50:12 pm by nova7415 »
1971HemiCuda
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« Reply #16 on: May 06, 2008, 09:09:31 pm »

Recently i was trying to save about $1500 to try to buy a 1954 $1,000 bill. After I saved up to around $450 I looked on Ebay and seen a 1954 $20 Devils Face in UNC condition. For only $200. (I  spent the other $250 on something else i forget ???) but back to the $1000 if I had the money and the patiance to find one I could afford and like the condition it was in I would probably collect them.


Art_1_ Paper
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« Reply #17 on: May 26, 2010, 04:04:41 pm »

I always wanted one (just one) for te heck of it. At first they were really hard to find. In the past year however, I came accross two 1988's (diff signatures) and five 1954's (Lw-Bo). Spent both 1988's, sold the 1954's for $1100 a piece. Too much money being tied up.

Also, a 56 year old bill yeilding only 25% premium for an AU is a pretty bad investment if you ask me. Same for the Bird... 22 years and less than 10% premium.
Mortgage Guy
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« Reply #18 on: May 26, 2010, 05:20:23 pm »

Also, a 56 year old bill yeilding only 25% premium for an AU is a pretty bad investment if you ask me. Same for the Bird... 22 years and less than 10% premium.

When you factor in inflation $1,000 in 1954 is worth $729 today. If you were lucky enough to get a 25% premium ($250) you would still not break even. Unfortunately this does not only apply to $1,000 bills

Always Buying Any Replacements and Special Serial Numbered Notes In C.Unc+ Condition
JB-2007
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« Reply #19 on: May 26, 2010, 05:35:21 pm »

I don't have any 1000 bills. I would much rather put a thousand on a *Z/Z or say an AUJ T/C !
Mortgage Guy
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« Reply #20 on: May 27, 2010, 12:04:41 pm »

When you factor in inflation $1,000 in 1954 is worth $729 today. If you were lucky enough to get a 25% premium ($250) you would still not break even. Unfortunately this does not only apply to $1,000 bills

I just realised that i mis-transposed the info. It should actually be;

$1,000 in 1954 is equal to $8,285.71 in 2010 which means total inflation from '54 to '10 is 728.57%

If you happened to store away a $1,000 modified note in G.Unc you would have lost 50% of your face value provided you got full book at a minimum. If you would had been lucky enough to save a G.Unc devils face and got full book then you would have done a little better but investment wise not very good.
« Last Edit: May 27, 2010, 12:23:56 pm by Mortgage Guy »

Always Buying Any Replacements and Special Serial Numbered Notes In C.Unc+ Condition
Art_1_ Paper
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« Reply #21 on: June 02, 2010, 11:49:01 pm »

Mind boggling.

But then what notes have really yeild rates better rates than what the banks would give us (shouldn't be very hard)... 1935's med-high grades, key notes (train, $4, etc), what else ??
Seth
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« Reply #22 on: September 06, 2010, 03:29:54 pm »

Mind boggling.

But then what notes have really yeild rates better rates than what the banks would give us (shouldn't be very hard)... 1935's med-high grades, key notes (train, $4, etc), what else ??

That's the million dollar question.  If we knew today what would be valuable tomorrow, we'd all be rich. 

My 2002 Charlton lists $10,000 for an UNC 1937 Osborne $50.  My 20-year-earlier 1982 Charlton lists the same note at $65.  If only we had known back then...

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starman
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« Reply #23 on: September 06, 2010, 11:48:00 pm »

I have a 1954-$1000 with the Theissen /Crow on it. I got it in 2002. Had it certified by BCS as an Unc60. So far I think I could make about $600 over what I paid for it To me, it was'nt worth the investment.
Bruxi
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« Reply #24 on: December 12, 2011, 08:55:54 pm »

Yep - just got a Gem 1954 note from my local CIBC.  They had just removed from an old safe deposit box. 

She charged me $1000 for it.
n1ce_hat
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« Reply #25 on: November 08, 2012, 03:22:03 pm »

I wish I had 1000 dollars period lmao
 

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