Hey guys just got this $100 bill from the bank there is writing on it do you think it's worth more than face value?
The 1950C Philadelphia $100 FRN is actually a rarer note with only 576,000 printed. In this condition, I wouldn't pay above face value for it...but you might find a collector who would pay a little more. The problem with large denomination notes is the face value is so high to begin with...they tend to be harder to move. Also, just FYI...and you may know this already but this series 1950C note was not printed in 1950. It was actually printed 1961-62.
Normally it would have a premium attached to it, but IMO, with the amount of ink on the face, and condition otherwise, this example will not.
I agree with Matt, and will add that $100 bill collectors are few and far between and tend to be very picky.
And there lies the problem. Because there is so much invested into the face value of the note...not many collector's collect them. So, the demand is way down. This is why even rare notes don't have a huge premium. Since there are so few collector's, they can afford to wait until a high quality note comes along.
To give an idea of the "value" I place on such notes, I had a series 1928 $100 that would have graded higher if not for a slight split in the middle and some rust stains. Since I knew it would take forever for such a premium to be attached, I spent it last night on large size notes, and other better condition notes.
