1988 $100 Bill

I came across this bill today, and at first I suspected it was fake because it lacked a watermark. But after concluding that it is in fact real (raised ink on the bill and silk fibers) I'm wondering if it might be worth something. I really know nothing about bills so any information would be wonderful!

 

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First, welcome to the neighborhood @Brandy Wilson !

The BEP has made many changes to all denominations to reduce the chances of counterfeiting, and one was to change from a small portrait, like this one, to a large portrait. You can still find notes with the small portraits, and there are some people who collect them. How much it might be worth is something I can't tell you because I don't collect paper money.

Chris

 

I personally would give you $110 for it since I really like the look of small heads. And they are so hard to find in the wild, especially 100s - tellers are trained to set those aside the second they see them so they can be returned to the treasury and destroyed.

 

How Terrible

 

It's real. Worth only $100.00 Spend it!

 

It's worth $100...to you. It's worth $110 to hotwheelsearl. What it's worth to someone else, who knows? What may not interest one collector may interest another and for different reasons. I feel notes such as this should be given the opportunity to go to collectors before swiftly being labeled as only worth face and a "spender".

 

I would speand it.

 

I bought a 1969 $10 from my friend for $15 because he threatened to spend it. It hurts so much to see a small head be spent!

 

It's a keeper, looks like there is no hard fold in it. Your children will think its funny looking and it will still be worth $100+. And welcome to CT

 

Big bills don't have as many collectors as small bills, since it's a much bigger investment to keep them.
A 1988 $5 in similar condition might garner more % over face than a $100, since more can afford to buy and keep.

 

I keep everything pre-1964 even notes

 

1963 nickels?

 

I know a lot of people in need. To keep it would be vanity.

 

Again, to you. That's like saying, "You shouldn't keep money in your savings account because someone out there could use it." I don't have time to specify which ones are applicable but I'm sure your statement falls under at least one of these logical fallacies: http://www.csun.edu/~dgw61315/fallacies.html

 

Nice read. I like websites like this. Thanks

PS. I sent you a PM

 

I LIKE WEBSITES LIKE THIS TOO. DO YOU KNOW ANY OTHER COIN/STAMP WEBSITES?

 

I love threads like this, and welcome to Coin Talk @Brandy Wilson

Once again there is at least two different ways to look at this note.

The note is not rare, or fancy and it is not an error note. It looks to be maybe an XF note with original paper quality. A typical currency dealer would either say they are not interested in buying it, or offer you face value, and I can count the number of $100 note collectors I know on one hand and have a couple of fingers left over. They usually want uncirculated examples, or star notes, or fancy serial numbers, or error notes.

On the other hand, you have members that insist that older small head notes, in any denomination, are collectible regardless of their condition. A member here has already offered 10% over face. So what do you do ?

If you like it, and can afford to keep it, then keep it. Put it in a currency sleeve and enjoy looking at it and holding it. Personally, I do not shop for notes like this and do not value it over face. If I found it, I would offer it at face value to another collector that likes it.

 

Got one of these from the bank (credit union) along with the big head monopoly money North Korean supernote 100's. I saved it for a while because it is cool. But ultimately I spent it. If I save it for 10 years and it is then worth $105, it's more valuable as a $100 today. The old small head notes are much nicer IMO. Do the new notes deter counterfeiters?