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$100 bills series 1934, is it worth anything more than $100?

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$100 bills series 1934, is it worth anything more than $100?

Old 08-31-2015, 07:55 AM
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Default $100 bills series 1934, is it worth anything more than $100?

Long story short... I come from a country were "the people" does not trust the banks or the government, so it is VERY common for people to protect their savings in US dollars, and hide it at home.

So I have this family member, that aside other things, has brings me 2 $100 bills that, because it looks different, he can't use them over there.

I took them to my local branch, and they were willing to replace them, but the lady tell me to do some research because the bills are pretty old and fairly well maintained, so they may have some additional collectors value ;?;?;?;?;?

Could that true? how much over its face value are we talking about?
Any of you could guide me on how to research this? it just sparked my curiosity....
Old 08-31-2015, 07:58 AM
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Here's one site
http://www.oldcurrencyvalues.com/193...ill_Value.html
Old 08-31-2015, 08:00 AM
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If you go to this page you should be able to see what bills actually sold for on ebay. . . .

http://www.ebay.com/sch/Federal-Rese...p2045573.m1684
Old 08-31-2015, 08:04 AM
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Damn, I looked for almost an hour before posting here... the next page I look into has this...

http://www.antiquemoney.com/old-one-...e-price-guide/

When Will "Small Face" 100s Become Collectible? Unfortunately, small face hundreds printed between 1934 and 1993 have a long uphill battle before they become worth more than $100. We advise our customers to spend them. Billions of them were printed and millions still exist. There is absolutely no demand for them on the market today.


Old 08-31-2015, 08:52 AM
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Maybe you should look at this site
Series of 1934 $100 Bill Value - Old Currency
http://www.oldcurrencyvalues.com/193...ill_Value.html

Unless the serial number ends with a star symbol***
One hundred dollar bills from 1934 with a star symbol at the end of the serial number have a good chance to be worth $250 or more. The value of 1934 $100 star notes purely depends on condition and the serial number
Old 08-31-2015, 09:58 AM
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Yep... looking at it... no star symbol at the end...
and even though some of these are priced over $100 on E-bay... the differential does not seem to be worth the risk.

So the question now is..... Replace it with new bill and use it? or.....
Put it in a bag, vacuum seal it and forget about it for 30 or 40 years?

Leaning toward the first one...
Old 08-31-2015, 10:30 AM
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I had a few of them, and a friend that buys and sells coins & currency told me to spend them. If they're mint, uncirculated condition, they could be worth a bit more.

I spent them.
Old 08-31-2015, 10:30 AM
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Originally Posted by emudryj View Post
Yep... looking at it... no star symbol at the end...
and even though some of these are priced over $100 on E-bay... the differential does not seem to be worth the risk.

So the question now is..... Replace it with new bill and use it? or.....
Put it in a bag, vacuum seal it and forget about it for 30 or 40 years?

Leaning toward the first one...

I would use that money to buy shares in Walmart,exxon, disney, or something and let those stocks sit than sit on a bill that might be worth 10% more in 20 years
Old 08-31-2015, 11:06 AM
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Sell it on Ebay and you're already out 10% in fees. lol
Old 08-31-2015, 11:09 AM
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Put on an old suit and go antiquing.
Old 08-31-2015, 11:11 AM
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My Mom had a 1928 $1000 bill someone gave her many years ago and neither me nor my sister really cared anything about keeping it. She took it to local coin shop and seems like he paid us $1800 for that

I guess $1000 bills are some what scarce, it was in good shape but by no means perfect

Kind of wish I had just gave My Sis the money and kept it
Old 08-31-2015, 11:20 AM
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I have about a dozen Confederate bills from 50 cents to 20 dollars that came from my great Aunt. Don't think they are worth much now but some day they may come back into circulation.
Old 08-31-2015, 12:24 PM
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Take an old bill to Walmart, wear sunglasses and look nervous as you hand it to the cashier to buy some gum.
Old 08-31-2015, 01:06 PM
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I doubt it's worth $50, but for you, I'll give you $60. Such a deal................
Old 08-31-2015, 01:55 PM
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It was worth more in 34 than it is now I'll tell ya that...
Old 08-31-2015, 04:22 PM
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Originally Posted by bikem View Post
I have about a dozen Confederate bills from 50 cents to 20 dollars that came from my great Aunt. Don't think they are worth much now but some day they may come back into circulation.
if you would like to sell them- send me a pm
Old 08-31-2015, 05:56 PM
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Put it in a bag, seal it away for 50 years. And at that time it'll be worth $10 in real buying power.

According to a Consumer Price Index calculator, what took $100 to buy in 1934 now takes $1,770. So its buying power now is 1770/100 = $17.70

http://www.measuringworth.com/uscomp...ativevalue.php
Old 09-01-2015, 06:06 AM
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If it's not worth any more now because of the condition it probably will not be worth more in the future.

What I don't get is why the government doesn't call in all of these old bills. What's the point of spending money to make bills harder to counterfeit if people can still use the old one. That was of course rhetorical; we really could use smarter people running our country.
Old 09-01-2015, 06:24 AM
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^

It's a confidence thing. Countries that recall their currency are usually heading down-hill and/or are changing their currency configuration (Like the Euro Zone did).

A major exception to this is the UK. Whenever they get a new monarch the old currency is withdrawn but the old stuff is still legal and will circulate until it gets to a bank.

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