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Brand New Crisp 1969 C-note [pics]

Blogs > CharlieMurphy
Post a Reply
1 2 Next All
CharlieMurphy
Profile Blog Joined March 2006
United States22895 Posts
Last Edited: 2010-02-06 18:48:22
February 06 2010 18:37 GMT
#1
The other day my mom gave me this and said she got it from the bank. I thought it was kind of weird because banks are supposed to absorb outdated currency right?
Well anyways I tested it with a CF pen and it was real. I remember seeing an old show called 'masterminds' or something that said CFers used to bleach out 1$ bills before and use paint ink to reprint bills etc.
Since these 1969 bills don't have watermark, color changing ink, or any of the micro print they are pretty easy to CF by today's standards.

So anyways, this bill looks legit (double click for hi res image):
[image loading]


[image loading]


And if it is real it is in really good condition. It's a bit crumpled but not worn or wrinkled. 1 minor little tear on the right edge. (you can see my cf pen mark on the back top right)
I read somewhere that it can fetch maybe like 125$ to a collector or something. Anyone know if that's true? Do pawn shops take this kind of thing?

a funny thing to note as well, those little [100] logos on the bottom of the bill and the whole bill itself was a fraction of an inch smaller than bills today.



*****
..and then I would, ya know, check em'. (Aka SpoR)
lokiM
Profile Blog Joined June 2008
United States3407 Posts
February 06 2010 18:37 GMT
#2
that is sex
You can't fight the feeling.
CharlieMurphy
Profile Blog Joined March 2006
United States22895 Posts
February 06 2010 18:39 GMT
#3
On February 07 2010 03:37 lokiM wrote:
that is sex

i know right. pretty crazy that something like this can last 41 years and not be completely fucked up.
..and then I would, ya know, check em'. (Aka SpoR)
zer0das
Profile Blog Joined May 2007
United States8519 Posts
February 06 2010 18:39 GMT
#4
Man do I miss the days when the greenback looked respectable.
Xxio
Profile Blog Joined July 2009
Canada5565 Posts
February 06 2010 18:51 GMT
#5
Don't sell it for 25 extra dollars, wait until you can double the value
KTY
meeple
Profile Blog Joined April 2009
Canada10211 Posts
February 06 2010 18:58 GMT
#6
I would hold onto it for a while... for sure if it's in good condition the value for collectors will increase.
CharlieMurphy
Profile Blog Joined March 2006
United States22895 Posts
February 06 2010 18:59 GMT
#7
On February 07 2010 03:51 Xxio wrote:
Don't sell it for 25 extra dollars, wait until you can double the value

lol, it's gonna be like 100 years. I need the money now actually. You wanna trade me your 125$ for this?
..and then I would, ya know, check em'. (Aka SpoR)
LonelyMargarita
Profile Blog Joined August 2007
1845 Posts
February 06 2010 18:59 GMT
#8
On February 07 2010 03:51 Xxio wrote:
Don't sell it for 25 extra dollars, wait until you can double the value


Historic currency like this is not a good investment. Inflation alone could easily outpace its increase in value. Making 25% profit on it now would be his best bet, unless he wants to keep it forever.
I <3 서지훈
CharlieMurphy
Profile Blog Joined March 2006
United States22895 Posts
February 06 2010 19:09 GMT
#9
woah I was reading about 100$ bills on wiki and check this out
http://en.wikipedia.org/wiki/Superdollar

apparently N.Korea or someone is CFing 100$ bills pro style and probably fucking up our economy to an extent.
..and then I would, ya know, check em'. (Aka SpoR)
BuGzlToOnl
Profile Blog Joined November 2006
United States5918 Posts
February 06 2010 19:15 GMT
#10
PM Ilovezil or wait until he replies, he has a fetish for old monies.
If you want to make God laugh, tell Him your plans.
MiniRoman
Profile Blog Joined September 2003
Canada3953 Posts
February 06 2010 20:30 GMT
#11
how dare you get rid of the serial~ i thought you were a g murphy
Nak Allstar.
seRapH
Profile Blog Joined April 2009
United States9830 Posts
February 06 2010 21:54 GMT
#12
On February 07 2010 04:09 CharlieMurphy wrote:
woah I was reading about 100$ bills on wiki and check this out
http://en.wikipedia.org/wiki/Superdollar

apparently N.Korea or someone is CFing 100$ bills pro style and probably fucking up our economy to an extent.


whats sad is that i learned about this through gta iv
boomer hands
CharlieMurphy
Profile Blog Joined March 2006
United States22895 Posts
February 06 2010 22:35 GMT
#13
lol, yea and others probably learned about it from the movie rush hour 2
..and then I would, ya know, check em'. (Aka SpoR)
CharlieMurphy
Profile Blog Joined March 2006
United States22895 Posts
February 06 2010 22:37 GMT
#14
On February 07 2010 05:30 MiniRoman wrote:
how dare you get rid of the serial~ i thought you were a g murphy


I dunno tinypic's policy on shit like this so I figured if I removed the serial that would be better than removing the entire pic
..and then I would, ya know, check em'. (Aka SpoR)
keV.
Profile Blog Joined February 2009
United States3214 Posts
Last Edited: 2010-02-06 23:11:45
February 06 2010 23:11 GMT
#15
On February 07 2010 03:39 zer0das wrote:
Man do I miss the days when the greenback looked respectable.


Amen
"brevity is the soul of wit" - William Shakesman
DrTJEckleburg
Profile Blog Joined February 2009
United States1080 Posts
February 06 2010 23:15 GMT
#16
I'm waiting for the $2 bills in my sock drawer to double in value also.

On a side note, a gentleman was checking out from my store yesterday and he wanted to pay with exact change so I spotted him a penny. In exchange he gave me a two dollar bill as a tip.
Im pretty good at whistling with my hands, especially when Im holding a whistle.
DivinO
Profile Blog Joined July 2009
United States4796 Posts
February 06 2010 23:39 GMT
#17
Beautiful piece of cotton-paper.

5/5. Every day we're hustlin'.
LiquipediaBrain in my filth.
Judicator
Profile Blog Joined August 2004
United States7270 Posts
February 07 2010 00:00 GMT
#18
ben just looks like a pimp in that picture, like sup bitches, i got hoes on two different continents.
Get it by your hands...
ilovezil
Profile Blog Joined August 2006
United States4143 Posts
Last Edited: 2010-02-07 00:45:44
February 07 2010 00:28 GMT
#19
A very cool note, CM, especially hard to find in good condition, but sadly it won't be worth much for a while. Sure, there IS a price attached to notes like these, but there is a difference between value and pricing. For example, you can find prices for notes like these here: http://coinsite.com/ According to that site, your bill in uncirculated (meaning brand new mint condition) is worth 125$.

However, first of all, those prices and the one you mentioned for 125$ is firstly a retail price, meaning dealers sell notes at these prices. Because they need to make money to stay in business, they'll actually buy notes like yours at much lesser prices. Note: Coinsite values coins at retail price.

Second, your bill is still within the relatively recent fiat system money period whereas before, we used the commodity money, or representative money system where we had a gold standard to back our currency. Gold and silver certificates were used in that period, commonly denoted in blue and red seals, or even yellow and brown seals. Also, symbolic monies mostly differed in two different ways: 1) they did not have "in god we trust" along the top in the back and 2) they specifically stated what standard (gold or silver) they were tradable for. Here's an example of a sample I own: a 1934 B
blue seal 10$ note:

[image loading]


Notice the back is a lot "emptier" due to the lack of the in god we trust. Also, the front clearly states that the bearer can trade at a federal bank, 10$ worth of silver. We can't do that now, of course, but this was the standard around the early-mid 1900's.

See, you MIGHT find a price of 125 bucks from a naive buyer from ebay or an online auction, but most places that you actually go that deals in older money dealings look for, if anything, different colored seal notes, or large notes that preceded the small bills we use that started in 1928. But keep that bill, it's nice to have a memoir from the older periods and now especially since we're constantly changing our currency. It really is a nice piece btw, hard to find in good condition

Also, in regards to the very first statement, your bill is not really considered "outdated". What would be considered outdated are silver dimes/quarters (before 1965) and commodity money bills like I discussed. Even so, many banks probably don't take older working specimens of money out of circulation just because, well, most people simply don't know. A lot of people if anything, mistake older money for fakes and get rid of them as soon as possible. Also, FYI: I'm not 100% sure about this, but the pen trick probably won't work since the material older bills are made of are made of a slightly different clothing than the more updated bills. And as far as supernotes are concerned, they cannot be identified by conventional methods like the pen marking.
ilovezil
Profile Blog Joined August 2006
United States4143 Posts
Last Edited: 2010-02-07 00:53:35
February 07 2010 00:38 GMT
#20
On February 07 2010 08:15 DrTJEckleburg wrote:
I'm waiting for the $2 bills in my sock drawer to double in value also.

On a side note, a gentleman was checking out from my store yesterday and he wanted to pay with exact change so I spotted him a penny. In exchange he gave me a two dollar bill as a tip.


Sorry, but the value of a two dollar bill increasing anytime soon is a myth. People hold onto them in hopes that since it's relatively obscure and rarely found in circulation. They think that the value would increase, but in my opinion, two dollar bills would be the last thing to increase in value unless they're red seal notes like this:

[image loading]


In which case, you can work with something of a value

Also:

On February 07 2010 03:51 Xxio wrote:
Don't sell it for 25 extra dollars, wait until you can double the value


On February 07 2010 03:58 meeple wrote:
I would hold onto it for a while... for sure if it's in good condition the value for collectors will increase.


The value of money in the market is ever fluctuating, and it is not simply determined by condition and age. Like all other markets, the currency market follows supply and demand, placing value on notes and coins that usually have a good historic value such as the late 19th, early 20th century Morgan Dollar. There is nothing special (no offense CM) about the 1969 C 100$ note. In my opinion, we won't know if there really is a value for older fiat bills like the ones CM has for close to at least a century, or until a good time after we change our currency system altogether.
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