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Coin and Paper Money Collecting/1914 100 dollar bill note

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Expert: - 7/8/2011


Question
I have a 100 dollar federal reserve note from 1914 7-G series.  It is larger than current bills. It has a blue seal on the right hand side.  Is this worth anything?

Answer
Hi Tina:

Thanks for the opportunity to answer your question.

Your note is from Chicago, is identified as a FR-1108, and quite scarce. You don't give the condition of your note. It would have an approximate retail value of at least $375 and up to an interested collector. Condition is very important in establishing the value of your note. Higher grade 7-G notes could sell for $1500 or more.

Link for history of the $100 bill: http://en.wikipedia.org/wiki/United_States_one_hundred-dollar_bill

For more information on currency and grading, see: http://papermoneyguide.com/about.htm

You might want to check ebay listings to see if your note is listed in the US currency category from time to time to verify what the piece is going for.

Here's one that is listed: http://cgi.ebay.com/1914-100-FRN-FR-1108-CHICAGO-111-KNOWN-ONLY-/350473266252?pt...

If you live close to a local shop, they should offer an opinion as to it's value and if it is authentic at no charge. Remember, should you choose to sell your note, get at least two estimates from professional coin dealers (PNG). I've listed a link for you to find them in your area. Link: http://www.pngdealers.com/dealersearch.php

Dealers normally pay between 50% to 60% of retail for items they want.

Please remember to go to the experts site to rate this answer. Check the nomination box on the rating page below any comments you may have.

Thank You and Good Luck in your collecting.  

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Ronald Fern

Expertise

I can answer most all questions relating to US coins, tokens, and currency. I'm not strong on world coins or ancients. Primary field of expertise is errors and varieties. Over 55 years experience in coin collecting. Part time dealer since 1976. Employed by McDonnell Douglas/Boeing for over 34 years as an Industrial Engineer/Technical Specialist before retiring in 2002.

Experience

Worked weekends for "Lonesome" John in the late 1960's to mid 1970's processing error coins, packaging, and preparing orders. Worked with John Devine and Fred Weinberg on several California Error A Rama's in the early 1970's. Served as display judge at annual Error-A-Rama coin shows. Opened and operated mail order coin business DBA "CAL ERRORS" in 1976. Contributer to Alan Herbert's "Official Price Guide To Mint Errors" and Fivaz/Stanton "Cherrypickers' Guide". Worked Saturdays at Huntington Beach Coin Exchange 1980-1999. Had table and sold coins at a number of coin and gun shows in So CA, AZ and NV. Sell coins, tokens and currency currently at my space in the Pomona Antique Center. Past "Errorscope" Editor. Presently CONECA Examiner.

Organizations
ANA, CONECA, CWTS, NLG

Publications
Errorscope, Numismatic News, Civil War Token Journal, Error and Variety News

Education/Credentials
AA Degree LBCC pre Engineering, 1964 BS Degree CSULB Ind Technology, 1968

Awards and Honors
1st Place EAR Trophy for Civil War Token Errors, NLG Author of Year Award for best monthly coin column "Error News and Views" in small Numismatic paper, owned and published by Ray Anthony.

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