Good Afternoon. I have a bundle of 100 $100 bills with sequential serial numbers. They are like new, never handled and the band around them is marked "BEP", along with my local bank's stamp. I would like opinions on 3 things please: What is approximate value of this bundle, as is? (Somebody's going to say $10,000) Is it worth having them graded/certified by a TPG? If so, what company would you recommend for grading? Thank you in advance for your help.
$10,000 is right. They are modern, non-star, high denomination bills. Plenty of them still being printed, and in circulation today. Don't waste your time with getting them graded individually, because it might be 20-30 years before they realize any value. If you want to hold onto them, you can- there’s just no premium in them. I can go to the bank, and ask for 100 sequential new hundreds- I just can't afford to hold them, and even if I could, I wouldn't find them interesting. If I pluck out any high denom. bills from circulation, it's the small head ones from 1995 and before. If you had a sequential pack of $1 star notes, the pack would be worth twice it's face value, but here, it's just face. If you want to have something certified, you should look into PMG and PCGS Currency (now Legacy Grading). The main problem would be finding someone willing to tie up so much money in these sequential bills.
Make the deposit slip out for $10,000. Consecutive notes are perfectly normal and that’s how they’re distributed. The serial numbers are pedestrian and certainly not worth having graded. Personally, I don’t see the attraction of consecutive notes.
You can go to your bank or credit union (or some of them) and ask for a uncirculated, sequential, strapped bundle of notes which contain 100 each. Of course, they come in $1, $2, $5, $10, $20, $50 or $100. Thus you need $100, $200, $500, $1,000, $2,000, $5,000 or $10,000 for each respective bundle. I've done this and it's just neat to have 100 strapped bills. If you have the spare money laying around you can get a brick (large bundles) which I think contains at least 10 individual bundles that are shrink wrapped together. So the $1s would be $1,000 worth of $1s, etc.
Thank you. I also have a similar bundle of $1 silver certificates, sequentially numbered. I think they are from 1955. Probably worth a little more.
1957 perhaps. If the notes are in top condition, then there is a premium value for that bundle. Let's see a photo of the silver certificates.
At one time, I thought it would be neat to have currency in sequential number order. Once a month, I got $500 in $20 bills from the credit union for cash purchases and grandchildren birthday money. One time, I got 25 $20 bills in sequential order, so I kept them in a secure place and got another withdrawal. At Christmas, I went to the credit union and asked for sequential serial number order $20 bills and I was told they didn't do that. Just after the Covit-19 scare, the credit union opened back up for drive up service to get the money and lo and behold, I got 25 $20 bills in sequential order. I believe that some tellers don't like to do special orders. I did keep the currency in by SDB, because we haven't used cash, only CC now.
I used to do that too - save all the sequentials. Until I found out I could get them strapped at my CU (not all banks/CUs will do that for customers). So now sequential change doesn't mean as much. The new, strapped bills have a certain smell and a coarser linen feel I don't get even from very lightly circulated bills.
Once while at a bank that was halfway across town, I asked about star notes. The teller said she had $7600 in sequential star notes and I told her I had to run home to get the money and would be right back, all the while thinking about having 7600 one dollar sequential star notes. An hour later after breaking into my safe and making the round trip I plunked $7600 in cash on the counter. She handed me 79 2009 $100 star notes....I was too embarrassed to tell her I didn't want them.
If you are talking about my $7600 in $100 star notes, I didn't change my mind. I was too embarrassed to tell her I didn't want them and put them in my safe.