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Miscellaneous => The Orphanage => Topic started by: Magnum on July 11, 2015, 01:49:32 PM

Title: Old large U.S. bill
Post by: Magnum on July 11, 2015, 01:49:32 PM
I found a 10,000 bill in a stamp collection that my father left me.

It looks like this and it was made in 1928.

I thought it was counterfeit, but it looks real.

They made them for a while.

Is it still valid currency ?

Title: Re: Old large U.S. bill
Post by: hutch-- on July 11, 2015, 02:52:52 PM
Take it to a bank and find out, 10 grand in your pocket would probably help. If its rare, it may be worth a lot more so try a currency collector. I just happen to own about a half a dozen American silver dollars made before 1900 and they go on the market for about $20 - 30 USD each.
Title: Re: Old large U.S. bill
Post by: Magnum on July 11, 2015, 02:56:33 PM
Thanks Steve.

I used to own 5 silver dollars that a lady gave me for payment for newspapers.

I sold them when silver was real high about 20 years.

I wish I had not sold them.

I still have a decent American and German stamp collection.

Title: Re: Old large U.S. bill
Post by: anunitu on July 11, 2015, 06:20:26 PM
If indeed the bill is real,and it is the large format,most likely it is a collectors dream...As hutch said check it out,perhaps with someone who collects old money...

Searched,and check this site out...

http://www.oldcurrencyvalues.com/10000_Dollar_Bill.html (http://www.oldcurrencyvalues.com/10000_Dollar_Bill.html)

At the bottom of the page they mention its worth.

$10,000 Bill Value:  Prices start at $30,000 for a note in poor condition and go up quickly from there.

So,yeh you need to check it out.
Title: Re: Old large U.S. bill
Post by: MichaelW on July 11, 2015, 06:27:01 PM
There have been no bills > $100 in circulation for a long time, I think as a way of interfering with the illegal drug trade. And I know of one collector who made the mistake of using some large bills for collateral on a bank loan, and subsequently had them taken by the feds, and while I don't have a clear memory of this, I think they paid him only the face value.
Title: Re: Old large U.S. bill
Post by: dedndave on July 11, 2015, 11:30:38 PM
you should be able to tell by the feel of the paper
i doubt it's real
but, if it is....
paper money isn't as likely to appreciate like coinage does
see if you can get more than face from a numismatologist
otherwise, get the 10K and run - lol
Title: Re: Old large U.S. bill
Post by: Magnum on July 12, 2015, 11:00:21 AM
A numismatist said the bill was worth in the range of 40,000 -> 45,000.

Title: Re: Old large U.S. bill
Post by: dedndave on July 13, 2015, 08:06:36 PM
did he authenticate the bill ?
Title: Re: Old large U.S. bill
Post by: Magnum on July 13, 2015, 09:54:02 PM
Yes.
Title: Re: Old large U.S. bill
Post by: dedndave on July 14, 2015, 03:32:19 AM
sweeet
i'd find a buyer and get rid of it as soon as possible - lol
Title: Re: Old large U.S. bill
Post by: xanatose on July 15, 2015, 02:33:38 AM
Quote from: Magnum on July 11, 2015, 01:49:32 PM
I found a 10,000 bill in a stamp collection that my father left me.

It looks like this and it was made in 1928.

I thought it was counterfeit, but it looks real.

They made them for a while.

Is it still valid currency ?

If its real, then it would be of more value to a collector than the 10k it represents. You just need to find the right collector.
Title: Re: Old large U.S. bill
Post by: Magnum on July 15, 2015, 01:36:00 PM
I am looking.

I have a large German and U.S. stamp collection.

Potential buyers were rare and offered ridiculously low prices for stamps in excellent condition.

I am talking about unused stamps with glue on the backs.

I know that buyers will probably want to sell the stamps, but I will NOT give them away.

I spent too much time collecting and taking care of them.

But I can be patient. :-)
Title: Re: Old large U.S. bill
Post by: rrr314159 on July 15, 2015, 02:04:06 PM
It's redundant for a stamp collector to say that he can be patient ... ;)