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Thursday, September 1, 2022

9/1/22 Report - Valuable $5 Bill. Types of Error Banknotes Worth Something. Rate of Return. Web Site For Checking Banknotes.

 

Written by the TreasureGuide for the exclusive use of the Treasure Beaches Report.

Above is shown an error 2017A $5 Note that brought in $8,600 in a Great CollectionsAuction

Notice the missing and mismatched serial numbers.

Here is the link for more about that.

Error 2017A $5 Note Tops $8,600 in GreatCollections Auction | CoinNews

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I like searching bills for errors and oddities more than I like searching coins.  You can often find something sort of interesting on US bills even if you don't find anything real valuable.  I especially enjoy checking the serial numbers.

Here is a web site that will introduce you to a number of types of errors to look for.  It also gives a price range for the type of error.

What's my Paper Money Error worth? Prices for Misprinted U.S. Currency (coinsite.com)

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The rate of return is the ratio of money gained or lost on an investment relative to the amount invested. Although most coin collectors find or buy coins for the love of the hobby, the calculator is useful to at least compare – out of interest – how part of a collection is fairing against something like a bank account...

Simply enter a coin’s purchase price, the selling or estimated current value and their respective dates. The calculator will return its annualized return rate as well as the return percentage for the entire period. The already entered values are for visual and formatting aids only. Simply edit or clear them with your information...

Here is the link for the calculator.

Rate of Return (ROR) Coin Calculator | CoinNews

The calculator might be of soe use for comparing coins, especially those held for the same period of time, but does not take into account the changing value of the dollar, which is something I'd like to know.  A dollar in 1970 was worth one dollar but would purchase more than a dollar in 2020.

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This site shows several error coins and banknotes worth a little extra money.

20+ Banknotes Worth Way More than Face Value - Errors, Rare and Fancy Serial Numbers (varietyerrors.com)

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And here is a cool site for looking up star notes and fancy serial numbers.

Reference Tools For | My Currency Collection

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The surf and storm predictions are little changed from yesterday, so I don't have much to say bout that today.  Of course, I'll check again tomorrow.

Good hunting,

Treasurguide@comcast.net