If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#1
|
|||
|
|||
Federal Reserve notes
Federal Reserve notes (started in 1913. Still in circulation)
Federal Reserve notes are printed to match the goods and services in the economy. Federal Reserve notes are identical to United States notes except that the banks get the Federal Reserve notes when they are printed. Federal Reserve notes are not backed by silver or anything, but rather, they "match" the amount of goods and services being bought and sold each year. If more goods are services are made available, then more Federal Reserve notes can be printed without causing inflation. |
Ads |
#2
|
|||
|
|||
If the notes are both CU (Crisp Uncircuated), my estimate would be
around $40 for the $20 and $175 for the $100. These are ball park figures, as there are many more factors to consider when pricing a note. Tell your friend to keep his day job. :?) Say what?!! Either you do not have a clue or are hoping to pick these notes up on the cheap. If they are really uncirculated figure a minimum of $150+ for the $20 and $600+ for the $100. Depending on which district issue the notes, the price could be much higher. However, even if the notes look as though they are new to you, doesn't mean that an expert may not be able to detect slight folds which would decrease the value considerably. Also, if the serial numbers are followed by a star (*) instead of a letter (ei: "A"), the value may be several multiples of the numbers qouted above. |
#3
|
|||
|
|||
|
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Updated Balto $200 Federal Reserve Note Act | Malanutt 4 Life | Coins | 1 | December 28th 04 01:13 AM |
Summer 2004 special pricelist#1 | Ian Robinson | US Stamps | 0 | June 24th 04 05:40 PM |
Summer 2004 special pricelist#1 | Ian Robinson | Worldwide Stamps | 0 | June 24th 04 05:35 PM |
[NEWS] eBay Purchases Federal Reserve System | Ken Barr | Coins | 4 | April 1st 04 01:51 PM |
JFK got the coin, MLK got the holiday. | Nick Charles | Coins | 10 | November 25th 03 01:12 AM |