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(Newser)   Some of the new $100 bills will be worth $1000 ... or more. Start looking on Oct.8   (newser.com) divider line 90
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24103 clicks; posted to Main » on 24 Sep 2013 at 12:12 AM (50 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-09-24 12:16:09 AM
"...pull out your wallet and have a look..."

Yeah, lemme just rifle through this stack of crisp new 100s in my wallet... oh, wait, this is just a stack of 1s and 5s. Never mind.

/haven't had a $100 in my wallet since my confirmation
//Must be nice
 
2013-09-24 12:17:17 AM
Are you cereal manbearpig
 
2013-09-24 12:18:17 AM
Fiscal responsibility is paying $15k for something with a value of $100.
 
2013-09-24 12:19:56 AM

JohnTuttle: "...pull out your wallet and have a look..."

Yeah, lemme just rifle through this stack of crisp new 100s in my wallet... oh, wait, this is just a stack of 1s and 5s. Never mind.

/haven't had a $100 in my wallet since my confirmation
//Must be nice



I'll trade you for some $2s
 
2013-09-24 12:20:03 AM
www.freakingnews.com

If you get a Reagan, it's worth $1.3 million

/split 5 ways, of course
 
2013-09-24 12:21:18 AM

The more you eat the more you fart: Fiscal responsibility is paying $15k for something with a value of $100.


Or you're a cop buying ditch weed
 
2013-09-24 12:22:59 AM
Where do you even get $100 bills? The only $100 bills I've had came from my grandmother from Sweden, and I have no clue how she ended up with them.
 
2013-09-24 12:26:02 AM

Smeggy Smurf: The more you eat the more you fart: Fiscal responsibility is paying $15k for something with a value of $100.

Or you're a cop buying ditch weed


Ha!
 
2013-09-24 12:29:13 AM

JohnTuttle: "...pull out your wallet and have a look..."

Yeah, lemme just rifle through this stack of crisp new 100s in my wallet... oh, wait, this is just a stack of 1s and 5s. Never mind.

/haven't had a $100 in my wallet since my confirmation
//Must be nice


Yeah I think if I had a bunch of $100 bills to check then I probably wouldn't care about checking in the first place.
 
2013-09-24 12:31:03 AM

Foxxinnia: Where do you even get $100 bills? The only $100 bills I've had came from my grandmother from Sweden, and I have no clue how she ended up with them.


You go to your bank, cash a check and ask for them.  I've also heard from Farkers that ATMs in Los Vegas and Reno dispense them.

/frankly, I wish they all did, as it would be nice to get just a couple bills when taking out several hundred dollars instead of a wad of 20s.
//finally our money is starting to look like real money!
 
2013-09-24 12:34:20 AM
I was at the bank the other day using the ATM and it actually had an option for me to get my bills out as $100s. Never seen that before.
 
2013-09-24 12:36:15 AM

Foxxinnia: Where do you even get $100 bills? The only $100 bills I've had came from my grandmother from Sweden, and I have no clue how she ended up with them.


Get cash from any bank around here and they automatically try to give you hundos. I ask for twenties instead and they look at me like I've lost my mind.

/wife works at a bank so she's looking out for these
 
2013-09-24 12:39:08 AM
My ATM will spit out the Ben's.

Up to 50 at a time.

It only takes them in 30 at a time, which I think is kind of odd.

It will only take 30 checks also.
 
2013-09-24 12:41:09 AM
www.theleek.com
 
2013-09-24 12:41:24 AM
i.imgur.com
The what-what strong and free?!
 
2013-09-24 12:46:10 AM
Sweet, I'm going to repeatedly withdraw my life savings in 100s, look for them, re-deposit the money and try again at a different bank until I'm rich.
 
2013-09-24 12:47:55 AM
HAH!

With the games that the Fed  and the Tweedles are playing, you'll be lucky if that $100 bill will buy $10 worth of groceries a year from now.

/Zim
//Ba
///Bwe
 
2013-09-24 12:48:31 AM

pyrotek85: JohnTuttle: "...pull out your wallet and have a look..."

Yeah, lemme just rifle through this stack of crisp new 100s in my wallet... oh, wait, this is just a stack of 1s and 5s. Never mind.

/haven't had a $100 in my wallet since my confirmation
//Must be nice

Yeah I think if I had a bunch of $100 bills to check then I probably wouldn't care about checking in the first place.


I haven't had a hundred in my wallet since 2008, at least.
 
2013-09-24 12:50:52 AM
They will be worth money, just not in you, or your grandchild's ' lifetime.

That's as laughable as the 'collectible' state quarters, where they made so many coins that not a single one will be collectible for another 200 years.

What they accomplished with that one was to mint a few million dollars worth of quarters that will never be spent because morons think they are a good investment.

But hey, I filled the whole cardboard thing up that the mint provided, and Dad gave me a pat on the head.
Then again, dad is stupid, because their value will in no way increase proportionate to inflation.

30 years from now, those 'collectibles' will be worth 50% less than their current face value.
 
2013-09-24 01:00:46 AM

TommyymmoT: They will be worth money, just not in you, or your grandchild's ' lifetime.

That's as laughable as the 'collectible' state quarters, where they made so many coins that not a single one will be collectible for another 200 years.

What they accomplished with that one was to mint a few million dollars worth of quarters that will never be spent because morons think they are a good investment.

But hey, I filled the whole cardboard thing up that the mint provided, and Dad gave me a pat on the head.
Then again, dad is stupid, because their value will in no way increase proportionate to inflation.

30 years from now, those 'collectibles' will be worth 50% less than their current face value.


So you're saying I'll be down about $13 on my brilliant investment plan? Damn you, Obama!
 
2013-09-24 01:02:41 AM
What if you find one with a "wheresgeorge" stamp on it? Is it worth triple?
Or maybe an original "kilroy was here" drawing?
Or a fresh layer of coke?
 
2013-09-24 01:03:00 AM
Step 1: Get a $100 bill.
Step 2: Astroturf the internet with a story about a mystical series of numbers being the Founding Fathers' secret Masonic code.
Step 3: OMG I have the Masonic code $100 bill!
Step 4: Profit.
 
2013-09-24 01:03:55 AM

Rashnu: Sweet, I'm going to repeatedly withdraw my life savings in 100s, look for them, re-deposit the money and try again at a different bank until I'm rich.


Actually, that's pretty much the way to do it.

There was some error with the dollar coins a few years ago, so a friend of mine would take out several hundred dollars in $50 rolls, take them home, sort them, redeposit the normal ones and sell the errors on eBay.

Coin dealers/collectors do shiat like this all the time.

/worst you can do is break even.
//I think they're completely nuts, but then again I sell antiques for a living.
 
2013-09-24 01:04:09 AM

Amos Quito: HAH!

With the games that the Fed  and the Tweedles are playing, you'll be lucky if that $100 bill will buy $10 worth of groceries a year from now.

/Zim
//Ba
///Bwe


Oh yeah, inflation is just madly out of control! Why just yesterday, I saw a line of haggard wretches pushing a wheelbarrow full of million dollar bills to buy a loaf of bread.
 
2013-09-24 01:04:57 AM
Great. Can we get rid of the effing dollar bill while we're at it?
 
2013-09-24 01:06:04 AM

TommyymmoT: They will be worth money, just not in you, or your grandchild's ' lifetime.

That's as laughable as the 'collectible' state quarters, where they made so many coins that not a single one will be collectible for another 200 years.

What they accomplished with that one was to mint a few million dollars worth of quarters that will never be spent because morons think they are a good investment.

But hey, I filled the whole cardboard thing up that the mint provided, and Dad gave me a pat on the head.
Then again, dad is stupid, because their value will in no way increase proportionate to inflation.

30 years from now, those 'collectibles' will be worth 50% less than their current face value.


I'll be ahead of the market and offer you a cool 15 cents each for your state quarters.  Thats 17% more than market value.  Sounds like a steal, but I can only offer it to the next ten people that respond.
 
2013-09-24 01:06:22 AM

Dwight_Yeast: Rashnu: Sweet, I'm going to repeatedly withdraw my life savings in 100s, look for them, re-deposit the money and try again at a different bank until I'm rich.

Actually, that's pretty much the way to do it.

There was some error with the dollar coins a few years ago, so a friend of mine would take out several hundred dollars in $50 rolls, take them home, sort them, redeposit the normal ones and sell the errors on eBay.

Coin dealers/collectors do shiat like this all the time.

/worst you can do is break even.
//I think they're completely nuts, but then again I sell antiques for a living.


One time, I got a silver quarter as change from a vending machine. A couple times a week afterwards, I would go and spend 15 minutes putting in quarters and hitting the coin return (since these particular machines would spit out different quarters from what you put in). Never found another one.
 
2013-09-24 01:07:05 AM

swingbozo: Great. Can we get rid of the effing dollar bill while we're at it?


Start using the $1 coin and eventually they'll stop printing the bills. I've started using them...
 
2013-09-24 01:10:17 AM

TommyymmoT: They will be worth money, just not in you, or your grandchild's ' lifetime.

That's as laughable as the 'collectible' state quarters, where they made so many coins that not a single one will be collectible for another 200 years.

What they accomplished with that one was to mint a few million dollars worth of quarters that will never be spent because morons think they are a good investment.

But hey, I filled the whole cardboard thing up that the mint provided, and Dad gave me a pat on the head.
Then again, dad is stupid, because their value will in no way increase proportionate to inflation.

30 years from now, those 'collectibles' will be worth 50% less than their current face value.


You missed the point of the story: these bills will be worth more than face value RIGHT NOW, because currency collectors are insane and are willing to pay extra for bills with rare or unusual serial numbers.  They want them now because they want to pull them out of circulation while they're still in circulated/near fine condition.

You are correct about the quarters, but if you every get a $500, $1000, or $10,000 bill, call me and I'll give  you 110% of face value so you're not stuck with a "worthless" collectible.
 
2013-09-24 01:14:52 AM

Enigmamf: swingbozo: Great. Can we get rid of the effing dollar bill while we're at it?

Start using the $1 coin and eventually they'll stop printing the bills. I've started using them...


The problem (and this is one of my favorite weird but true stories) is that the vending machine industry keeps making sure the dollar coins are the same size and thickness as a quarter.  This means they don't have to change their machines, but it also means that no one wants to deal with them as you can't tell the difference!

Enigmamf: One time, I got a silver quarter as change from a vending machine. A couple times a week afterwards, I would go and spend 15 minutes putting in quarters and hitting the coin return (since these particular machines would spit out different quarters from what you put in). Never found another one.


Every once in a while, I go through all the change that's accumulated around here, and look for silver coinage.  I think I found a silver quarter ONCE.  It's amazing how the silver bugs, smelters and coin collectors have completely stripped them out of circulation.  I have a jar of Kennedy half dollars my grandmother saved because she heard they were silver, and I think they're all nickel-copper.
 
2013-09-24 01:15:10 AM

Brainsick: If you get a Reagan, it's worth $1.3 million

/split 5 ways, of course


That bill is only valid in Iran and a few South American banana republics.
 
2013-09-24 01:19:06 AM
My "8008135" $100 bill is gonna be worth a cool billion.
 
2013-09-24 01:22:03 AM

Dwight_Yeast: Enigmamf: swingbozo: Great. Can we get rid of the effing dollar bill while we're at it?

Start using the $1 coin and eventually they'll stop printing the bills. I've started using them...

The problem (and this is one of my favorite weird but true stories) is that the vending machine industry keeps making sure the dollar coins are the same size and thickness as a quarter.  This means they don't have to change their machines, but it also means that no one wants to deal with them as you can't tell the difference!

Enigmamf: One time, I got a silver quarter as change from a vending machine. A couple times a week afterwards, I would go and spend 15 minutes putting in quarters and hitting the coin return (since these particular machines would spit out different quarters from what you put in). Never found another one.

Every once in a while, I go through all the change that's accumulated around here, and look for silver coinage.  I think I found a silver quarter ONCE.  It's amazing how the silver bugs, smelters and coin collectors have completely stripped them out of circulation.  I have a jar of Kennedy half dollars my grandmother saved because she heard they were silver, and I think they're all nickel-copper.


Whats up with silver quarters?

I have like 50-75 of em (really).

I just kept em since I was a kid bc they were unusual looking.
 
2013-09-24 01:24:04 AM
I wanna know how much a $100 bill with serial number "8765309" will be worth...
 
2013-09-24 01:25:42 AM

The more you eat the more you fart: I wanna know how much a $100 bill with serial number "8765309" will be worth...


Not nearly as much as the one numbered "8675309."
 
2013-09-24 01:26:12 AM

Enigmamf: Amos Quito: HAH!

With the games that the Fed  and the Tweedles are playing, you'll be lucky if that $100 bill will buy $10 worth of groceries a year from now.

/Zim
//Ba
///Bwe

Oh yeah, inflation is just madly out of control! Why just yesterday, I saw a line of haggard wretches pushing a wheelbarrow full of million dollar bills to buy a loaf of bread.



On the contrary, inflation is madly UNDER control.

Wait 'til it sobers up.

Or maybe we can print Toys-R-Us $$$ at will and forever with no inflationary consequences?

www.zerohedge.com

/Mind that bubble
//Oops!
///Too late
 
2013-09-24 01:27:56 AM

Foxxinnia: The more you eat the more you fart: I wanna know how much a $100 bill with serial number "8765309" will be worth...

Not nearly as much as the one numbered "8675309."


Haha damn phone keyboards
 
2013-09-24 01:29:14 AM
I know the expert said this odd serial number $100 bill is worth $1000+ to collectors, but I have overhead here and employees to pay, so best I can do is $50
 
2013-09-24 01:30:48 AM
Bank employees, especially vault workers, are typically able to swap out a normal bill for a fancy one, says the director of currency of a Dallas auction house, and since bricks of money are marked with the serial number range, they can spot the bills fairly easily.

That smells corrupt and illegal to me.
 
2013-09-24 01:32:07 AM

The more you eat the more you fart: The problem (and this is one of my favorite weird but true stories) is that the vending machine industry keeps making sure the dollar coins are the same size and thickness as a quarter.  This means they don't have to change their machines, but it also means that no one wants to deal with them as you can't tell the difference!


I'm not sure how big you want the dollar coin to be - its diameter is 26.5mm vs. 24.25 mm for the quarter, and its thickness is 2mm vs 1.75mm for the quarter, 8.1g vs. 5.6g in weight.

Doesn't sound like much but between the lack of reeded edges, the thick rim, the size difference, and the weight difference, I don't think it's that hard to tell them apart. Maybe I'd be singing a different tune if I were blind or old, but I think I could very easily tell them apart in my pocket.
 
2013-09-24 01:32:13 AM

Dwight_Yeast: Enigmamf: swingbozo:  I have a jar of Kennedy half dollars my grandmother saved because she heard they were silver, and I think they're all nickel-copper.


Some of the circulating Kennedy halves have silver in them.  I believe it was up to about the 1970 editions.  For some reason, they were still made that way after all the other silver coins were turned to copper/nickel clad.
 
2013-09-24 01:33:03 AM
whoa,  just clanked a couple of C's into an ATM< today
with a pair of Grant's
just to pull out a few Lincoln's later

/shoulda gotten the scanned receipt
//or not fed the machine quite yet
///txs sub{wherewhereyouyesterday}mitter
 
2013-09-24 01:34:28 AM

Dwight_Yeast: Rashnu: Sweet, I'm going to repeatedly withdraw my life savings in 100s, look for them, re-deposit the money and try again at a different bank until I'm rich.

Actually, that's pretty much the way to do it.

There was some error with the dollar coins a few years ago, so a friend of mine would take out several hundred dollars in $50 rolls, take them home, sort them, redeposit the normal ones and sell the errors on eBay.

Coin dealers/collectors do shiat like this all the time.

/worst you can do is break even.
//I think they're completely nuts, but then again I sell antiques for a living.


Huh, so I actually did think my cunning plan all the way through for once. Far too lazy and uninterested to actually execute it of course.
 
2013-09-24 01:34:48 AM

Dwight_Yeast: TommyymmoT: They will be worth money, just not in you, or your grandchild's ' lifetime.

That's as laughable as the 'collectible' state quarters, where they made so many coins that not a single one will be collectible for another 200 years.

What they accomplished with that one was to mint a few million dollars worth of quarters that will never be spent because morons think they are a good investment.

But hey, I filled the whole cardboard thing up that the mint provided, and Dad gave me a pat on the head.
Then again, dad is stupid, because their value will in no way increase proportionate to inflation.

30 years from now, those 'collectibles' will be worth 50% less than their current face value.

You missed the point of the story: these bills will be worth more than face value RIGHT NOW, because currency collectors are insane and are willing to pay extra for bills with rare or unusual serial numbers.  They want them now because they want to pull them out of circulation while they're still in circulated/near fine condition.

You are correct about the quarters, but if you every get a $500, $1000, or $10,000 bill, call me and I'll give  you 110% of face value so you're not stuck with a "worthless" collectible.


There are currently no plans to stop production of the $100 bill.
They should bring back the $500 though.

I've had quite a few transactions (I was a road manager) over the years where it reminded me of counting ones.
 
2013-09-24 01:37:30 AM
Only in america would somebody BID on money just to have some arbitrary number sequence..
 
2013-09-24 01:39:14 AM
Amos Quito: Blah blah blah blah blah

The only bubble I see is the price of gold. I doubt it'll be worth more than $800/ounce in a year, and even that is far more due to the noveau middle class in third-world countries like India and China hoarding it out of a cultural affinity. The right-wingers who have been falling for NewsMax's "OBAMA IS GOING TO EAT YOUR BABIES! BUY GOLD NOW" scams for the last 5 years are going to be taking a bloodbath on their losses even worse than they've already seen.
 
2013-09-24 01:54:36 AM

Easy Reader: Dwight_Yeast: Enigmamf: swingbozo:  I have a jar of Kennedy half dollars my grandmother saved because she heard they were silver, and I think they're all nickel-copper.

Some of the circulating Kennedy halves have silver in them.  I believe it was up to about the 1970 editions.  For some reason, they were still made that way after all the other silver coins were turned to copper/nickel clad.


Kennedy'd already been filled full of impure metals once.
 
2013-09-24 01:56:13 AM
www.papermoneyauction.com
 
2013-09-24 02:08:57 AM

TommyymmoT: There are currently no plans to stop production of the $100 bill.


You're still missing the point, but that's fine.

Easy Reader: Some of the circulating Kennedy halves have silver in them. I believe it was up to about the 1970 editions. For some reason, they were still made that way after all the other silver coins were turned to copper/nickel clad.


They were created under a different act of Congress than the one which let the Mint go Copper-Nickel on the other coins, and all coinage has to be authorized by an act of Congress.

The more you eat the more you fart: Whats up with silver quarters?

I have like 50-75 of em (really).

I just kept em since I was a kid bc they were unusual looking.


Well, they're old so if they're in good condition, they're collectible.  Even if they're not, scrap dealers will buy them as the value of the metal is worth more than the face value.  It's been a couple years since I got a quote, but the last dealer I talked to was offering 250% for silver coinage as scrap.

Now, the thing is, it's illegal to melt down American coinage, and it's illegal to export coinage to be melted down, so I don't actually know what happens to the stuff; I assume preppers buy it so they've have something to use as currency once the End of Days comes.

This helps explain intrinsic/face value: http://www.coinflation.com/unitedstates/
 
2013-09-24 02:22:46 AM
US bills are worthless unless they are uncirculated, pristine bills. Fold it at the center and they become compeletely worthless unless they are EXTREMELY old.

And US currency from collectors is overpriced severely. I collect Canadian money and the value is more on target with reasonable prices.

Still, I'm going to try to get my hands on a new 100$ USD bill, for anywhere between 110-130$. But only if its in perfect condition.
 
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