Sharing Daily Discoveries About Personal Finance And Business Topics

Saving Old Money Currency

financial planning

My parents was telling me about this old $2 bill that was given to my brother a long time ago and how it is suppose to be worth about $500 or so now. That brought up a discussion about saving old money currency as a form of investment.

I’ve never really been into this type of investing/collecting as I guess during the time where the currency in question is in abundance you tend to not think too much of it. Just the thought of say a very old penny being worth say $10 seems kind of strange. Something like that one million dollar coin I heard about before seems more like an investment to me.

Then again, I guess like any type of collecting the dollar value of the items are subjective and some people would be willing to pay big amounts for it.




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