Greetings- I have been hording $20 bills since the idea was floated to replace Andrew Jackson's portrait with Harriet Tubman's. Who knows if this will ever happen. If the bills were replaced, I wonder if Jacksons will go up in value..
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Posts: 7336 | Location: Arkansas | Registered: November 06, 2010
It depends on supply and demand. Bills in pristine condition will be worth more. Very few people collect paper money. Just look up the value of uncirculated currency from the 1920s.
Posts: 17622 | Location: Stuck at home | Registered: January 02, 2015
I do not believe numismatics is something very few people take part in. That is why the $20’s you save will likely only be worth face value if you are saving current production bills. As mentioned already, save new uncirculated bills, if you enjoy it, it’s worth doing.
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Posts: 16133 | Location: Ivorydale | Registered: January 21, 2005
Posts: 9447 | Location: Somewhere looking for ammo that nobody has at a place I haven't been to for a pistol I couldn't live without... | Registered: December 02, 2014
Originally posted by Edselbutler: Greetings- I have been hording $20 bills since the idea was floated to replace Andrew Jackson's portrait with Harriet Tubman's. Who knows if this will ever happen. If the bills were replaced, I wonder if Jacksons will go up in value..
Have any star notes or repeating serial number bills in that horde?
Posts: 225 | Location: Western PA | Registered: March 30, 2017
It'll turn out like all the folks that hoarded the Bicentennial "drummer boy" quarters from 1976, sure that they were going to be worth something someday. 45 years later, they're worth... 25 cents. There's just too many millions/billions of them out there for them to be rare/desirable.
See also the Eisenhower or Susan B Anthony dollar coins, which have been discontinued for decades, but are still only worth $1 for standard circulated coins.
Or $2 bills.
The fact is that normal, run-of-the-mill, circulated Jackson $20s won't be worth anything extra in your lifetime, or your kids' lifetime, or even their kids'.
