I can't say about the Australian notes, but the US notes are all face value.
I have seen dealers selling uncirculated 1976 $2 note for as much as $5 dollars, but those are crisp, clean, mint condition examples, and I wouldn't swear they have any luck selling them.
I do one the other hand, know of a local dealer who buys clean "star" notes for slightly over face value. I don't know if he does this for his own collection or if he has someone who collects them.
It's spending money. Especially the 2003 issue; they are slightly more common than 1990's issues. Whenever I get $2, I spend them or give them to the ladies. But they are really nice to look at.
You should keep the $10 and $20. I have some myself but I think it would be better to exchange them for face value rather than waste some hundred dollars on circulated notes.
Kenny
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The early 1900 notes ccan be a little more valuable, but again, to realise more than a dollor or two over face they have to be pristine. I have a post civil war 10 cent note in decent but well circulated shape, that I gave $2 dollars for and I have wondered more than once if I paid to much for it. I also have a Canadain 25 cent note from 1900 or 1901, that is completely spotless and crisp. I wonder if it has any value?
Oh yeah ! Your Canadian 1900 25 cent note, if it's really as good as you say, will be really valuable ! In UNC, in 2008, prices ranged from 425 to 550 $ ! In EF, it went from 100 to 125 $.
Si tu cognes ta tête contre une cruche et que ça sonne creux, ce n'est pas forcément la cruche... lollll mon proverbe préféré !
This is something I don't understand : coins and banknotes are produced both in extreme quantities, but banknotes need only a few seconds to be reduced to bad looking pieces of paper, where coins are a lot more resistent to wear. Most coins will circulate for tens of years, banknotes will be taken back in by the national bank and replaced by new ones, often no more the 6 months after being released... So one would expect that banknotes become more expensive then coins ?
Quote: tony.cThis is something I don't understand : coins and banknotes are produced both in extreme quantities, but banknotes need only a few seconds to be reduced to bad looking pieces of paper, where coins are a lot more resistent to wear. Most coins will circulate for tens of years, banknotes will be taken back in by the national bank and replaced by new ones, often no more the 6 months after being released... So one would expect that banknotes become more expensive then coins ?
Supply and demand. If two people desire a single item each will perhaps offer an increaded amount to the seller of that item. On the otherhand, if no one desires an object, then it is worthless. Hence, at an auction if only one bidder has an intrest in a lot it will sell for far less than if there are multiple bidders anxious to buy the item.
The antiques trade notices fluctuations in fashions, particularly. Currently in Britain old brown furniture is very out of fashion, so while an antique, beautifully made large piece of wooden furniture may be scarce, it is currently worth very little as no one wishes to own it - they may admire it, but they don't have the house room or perhaps it doesn't fit with their existing decor.
The current trend with old furniture in my area is to paint it with a dull pastel color, with childish designs such as flowers or butterflies. I find the practice tacky.
Quote: ctuckerThe current trend with old furniture in my area is to paint it with a dull pastel color, with childish designs such as flowers or butterflies. I find the practice tacky.