100 notes

General discussions on the canadian bank notes.
Bigtop1234
Posts: 1
Joined: Fri May 05, 2017 11:55 pm

100 notes

Postby Bigtop1234 » Tue May 09, 2017 11:09 pm

Came across this lot the other day. 43 in a row, worth hanging on to?
Attachments
image.jpeg
image.jpeg

User avatar
Lightw4re
Site Admin
Posts: 515
Joined: Thu Jul 07, 2005 9:08 am
Contact:

Re: 100 notes

Postby Lightw4re » Wed May 10, 2017 3:54 pm

Probably. If you are willing to wait years to get money out of it.

coinguy
Posts: 60
Joined: Tue Aug 16, 2016 10:03 am

Re: 100 notes

Postby coinguy » Thu May 11, 2017 3:21 pm

I would spend now.
The problem with holding on to them is that the rate
of inflation will probably surpass whatever premium
there would be so you would technically be losing money.

Shylo
Posts: 182
Joined: Fri Apr 12, 2013 10:42 pm

Re: 100 notes

Postby Shylo » Sat May 13, 2017 8:37 am

Totally agree.... the biggest issue with larger notes is that you can lose a lot of money and have a lot of money tied up....

Most $1000 notes go for $1300 - $1500 at auction.... Given that the last $1000 note was issued in the 80's if the money had been invested with a rate of return of 5% per year from '88 to 2018 ... my quick estimates say you would have a ball park of 4K.....

I think if you are going to collect common notes there has to be something "exceptional" about the notes.. like there's an error, something significant with the serial number or perhaps all the prefixes...

Samuel
Posts: 29
Joined: Thu Jul 28, 2016 7:30 am

Re: 100 notes

Postby Samuel » Tue Jun 13, 2017 8:19 am

Yes, you can lose money in the future (you need to wait a lot to have a reasonable price for this banknote).


Return to “Banknotes”

Who is online

Users browsing this forum: No registered users and 2 guests