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New U.S. $100 Bill



 
 
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  #1  
Old January 2nd 09, 10:58 AM posted to rec.collecting.coins
[email protected]
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Posts: 123
Default New U.S. $100 Bill

Has anyone here, heard or read anything on when the new $100 bill will
be unveiled? It was supposed to be issued in late 2008, and now, in
2009, it has not even been unveiled yet. I'm guessing that this is
because of Barack Obama taking office, and choosing a Treasury
Secretary. But how much longer do you guys think the $100 bill
unveiling could be delayed? I mean, should we know what it looks like
by spring? I keep checking Where's George for information, but
apparently, there haven't even been any NexGen $100s printe yet as of
November '08. I'm anxous to see the December '08 report though,
because maybe they may have printed some by now.

Hope everyone had a Happy New Year.

Tom
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  #2  
Old January 2nd 09, 01:28 PM posted to rec.collecting.coins
Bruce Remick
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Posts: 3,391
Default New U.S. $100 Bill


wrote in message
...
Has anyone here, heard or read anything on when the new $100 bill will
be unveiled? It was supposed to be issued in late 2008, and now, in
2009, it has not even been unveiled yet. I'm guessing that this is
because of Barack Obama taking office, and choosing a Treasury
Secretary. But how much longer do you guys think the $100 bill
unveiling could be delayed? I mean, should we know what it looks like
by spring? I keep checking Where's George for information, but
apparently, there haven't even been any NexGen $100s printe yet as of
November '08. I'm anxous to see the December '08 report though,
because maybe they may have printed some by now.


Excitement over any potential changes to the $100 bill, has probably been
overshadowed by the anticipation of an upcoming Kleenex box redesign.

Goodness Tom! You gotta just go out and SPEND some of these bills and
coins, instead of worrying about what they look like. As long as our bills
have a clear numeral on the front corners, that's pretty much all most of us
care about.


  #3  
Old January 2nd 09, 08:50 PM posted to rec.collecting.coins
RWF
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Posts: 18
Default New U.S. $100 Bill


"Bruce Remick" wrote in message
...

Goodness Tom! You gotta just go out and SPEND some of these bills
and coins, instead of worrying about what they look like. As long as
our bills have a clear numeral on the front corners, that's pretty
much all most of us care about.


Except, of course, the currency collectors.
I would like to see the rate of return of collectable old currency for
the last 20 years or so.

  #4  
Old January 3rd 09, 12:52 AM posted to rec.collecting.coins
Bruce Remick
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Posts: 3,391
Default New U.S. $100 Bill


"RWF" wrote in message
...

"Bruce Remick" wrote in message
...

Goodness Tom! You gotta just go out and SPEND some of these bills and
coins, instead of worrying about what they look like. As long as our
bills have a clear numeral on the front corners, that's pretty much all
most of us care about.


Except, of course, the currency collectors.
I would like to see the rate of return of collectable old currency for the
last 20 years or so.


I can't believe there are many serious currency collectors who are
salivating over a modified $100 bill design. Rather, they should be
figuring how to afford another of our beautiful early notes.

I made the mistake(?) of saving some $1 Barr and Kabis/Kennedy notes because
I was told at the time that these short run bills would be real collectors
items. So forty years later, having left those notes in my savings account
would have yielded a better profit today. About like the dozen can't-miss
BU rolls of 1959 Lincolns that I saved. Now if I could just live for
another forty years.......I'd at least probably make the local news when I
croaked.






  #5  
Old January 3rd 09, 01:05 AM posted to rec.collecting.coins
Peter[_6_]
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Posts: 401
Default New U.S. $100 Bill

On Jan 2, 7:52*pm, "Bruce Remick" wrote:
"RWF" wrote in message

...



"Bruce Remick" wrote in message
...


Goodness Tom! * You gotta just go out and SPEND some of these bills and
coins, instead of worrying about what they look like. *As long as our
bills have a clear numeral on the front corners, that's pretty much all
most of us care about.


Except, of course, the currency collectors.
I would like to see the rate of return of collectable old currency for the
last 20 years or so.


I can't believe there are many serious currency collectors who are
salivating over a modified $100 bill design. *Rather, they should be
figuring how to afford another of our beautiful early notes.

I made the mistake(?) of saving some $1 Barr and Kabis/Kennedy notes because
I was told at the time that these short run bills would be real collectors
items. *So forty years later, having left those notes in my savings account
would have yielded a better profit today. *About like the dozen can't-miss
BU rolls of 1959 Lincolns that I saved. *Now if I could just live for
another forty years.......I'd at least probably make the local news when I
croaked.


Perhaps you can find (and let us all know) an economical way to buy
currency that is sure to be a collector's item and sell short
currently issued postage stamps that you are sure will not?
  #6  
Old January 3rd 09, 01:41 AM posted to rec.collecting.coins
Bruce Remick
external usenet poster
 
Posts: 3,391
Default New U.S. $100 Bill


"Peter" wrote in message
...
On Jan 2, 7:52 pm, "Bruce Remick" wrote:
"RWF" wrote in message

...



"Bruce Remick" wrote in message
...


Goodness Tom! You gotta just go out and SPEND some of these bills and
coins, instead of worrying about what they look like. As long as our
bills have a clear numeral on the front corners, that's pretty much all
most of us care about.


Except, of course, the currency collectors.
I would like to see the rate of return of collectable old currency for
the
last 20 years or so.


I can't believe there are many serious currency collectors who are
salivating over a modified $100 bill design. Rather, they should be
figuring how to afford another of our beautiful early notes.

I made the mistake(?) of saving some $1 Barr and Kabis/Kennedy notes
because
I was told at the time that these short run bills would be real collectors
items. So forty years later, having left those notes in my savings account
would have yielded a better profit today. About like the dozen can't-miss
BU rolls of 1959 Lincolns that I saved. Now if I could just live for
another forty years.......I'd at least probably make the local news when I
croaked.


Perhaps you can find (and let us all know) an economical way to buy
currency that is sure to be a collector's item and sell short
currently issued postage stamps that you are sure will not?
____________

Sure. Buy your currency at face value and hold onto it for 150 years. This
tactic would probably work for just about anything-- cereal boxes, beer
cans, newspapers, etc.-- except for stamps. No charge for the advice. But
if I were intent on adding a piece of currency to my collection with the
potential for profit, it would likely be something over 80 years old that
already has a track record. Not a new $100 bill. But then there aren't
many (any?) attractive 80-year old bills available for my $100. Guess I'll
stick to coins.

As for modern postage stamps, those seem to have lost their glow by the
1960's as profitable collector items. I still have my 1936 Rhode Island FDI
cover that's worth about what it cost in 1936. To be fair and balanced, I
also still have a bunch of 1936 Lincolns that aren't worth much more than
they cost in 1936. Ironically, modern Mint-issued coins seem to be
following the same doomsday path that confounded stamp collectors-- tons of
new issues with too many versions of each issue required for a complete
collection. My solution has been not to worry about long term profits
anymore. You can't take it with you.




  #7  
Old January 3rd 09, 02:25 AM posted to rec.collecting.coins
RWF
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Posts: 18
Default New U.S. $100 Bill

"Bruce Remick" wrote in message
...
You can't take it with you.


Then I'm not going!

  #8  
Old January 3rd 09, 02:55 AM posted to rec.collecting.coins
Bruce Remick
external usenet poster
 
Posts: 3,391
Default New U.S. $100 Bill


"RWF" wrote in message
...
"Bruce Remick" wrote in message
...
You can't take it with you.


Then I'm not going!


Now THAT'S a strategy we'd all like to hear more about. How do you figure
it will work? Have you tested it yet?


  #9  
Old January 3rd 09, 03:49 AM posted to rec.collecting.coins
RWF
external usenet poster
 
Posts: 18
Default New U.S. $100 Bill


"Bruce Remick" wrote in message
...

"RWF" wrote in message
...
"Bruce Remick" wrote in message
...
You can't take it with you.


Then I'm not going!


Now THAT'S a strategy we'd all like to hear more about. How do you
figure it will work? Have you tested it yet?


Well, I'm still here!

  #10  
Old January 3rd 09, 04:08 AM posted to rec.collecting.coins
Bruce Remick
external usenet poster
 
Posts: 3,391
Default New U.S. $100 Bill


"RWF" wrote in message
...

"Bruce Remick" wrote in message
...

"RWF" wrote in message
...
"Bruce Remick" wrote in message
...
You can't take it with you.

Then I'm not going!


Now THAT'S a strategy we'd all like to hear more about. How do you
figure it will work? Have you tested it yet?


Well, I'm still here!


When are you due to go?






 




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