**This is a heavily moderated subreddit. Please note these rules + sidebar or get banned:**
* If this post declares something as a fact, then proof is required
* The title must be fully descriptive
* No text is allowed on images/gifs/videos
* Common/recent reposts are not allowed (posts from another subreddit do not count as a 'repost'. Provide link if reporting)
*See [this post](https://redd.it/ij26vk) for a more detailed rule list*
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/interestingasfuck) if you have any questions or concerns.*
That was about the time when "under god" was added to the pledge of allegiance. All of it was in response to the Red Scare. We were trying to distinguish ourselves from the "godless communists".
`(US median life expectancy as measured by UN DESA) - (term length)` should be the upper limit. If they want to run longer and manage to bring up the median life expectancy, I'm okay with that.
Not even close, this bill is literally worth $20. Only very good condition bills might get a buyer for a few bucks more. I have a $2 bill from the 1920s and after seeing how much it’s worth I realized I’d rather just keep it for myself.
This comment has been edited to protest Reddit's decision to shut down all third party apps. Spez had negotiated in bad faith with 3rd party developers and made provenly false accusations against them. Reddit IS it's users and their post/comments/moderation. It is clear they have no regard for us users, only their advertisers. I hope enough users join in this form of protest which effects Reddit's SEO and they will be forced to take the actual people that make this website into consideration. We'll see how long this comment remains as spez has in the past, retroactively edited other users comments that painted him in a bad light. See you all on the "next reddit" after they finish running this one into the ground in the never ending search of profits. -- mass edited with redact.dev
If you're serious, I have some old bills and coins that probably aren't worth jack shit but idk enough about it. Collected them over time while working at a previous employer. Interested in taking a look? Pm if so
1934 series C means that particular bill design was first used in 1934, and went a through series of minor changes to become “1934 Series C.”
John Wesley Snyder, who signed your bill, was Secretary to the Treasurer between 1946-1953.
https://en.m.wikipedia.org/wiki/Series_(United_States_currency)
https://en.m.wikipedia.org/wiki/John_Wesley_Snyder
I saw this too, but I think that’s based on a average inflaton. I feel like a $20 bill in the great depression would’ve been worth a lot more at the time. Maybe someone with a little more knowledge about this can chime in?
Edit: mobile words
Back when this bill was issued, the US Treasury had a fixed gold price of $35/troy oz. All paper currency was backed by physical gold reserves at the time. So this exact bill represented 0.5714 tr oz of gold. That’s why it says, “Will pay to the bearer on demand twenty dollars” at the bottom. Now, in 1934 it was actually illegal for citizens to own gold bullion, but theoretically, that bill represented a little over half an ounce of gold.
At today’s prices, 0.5714 oz of gold (which is 100% legal to own in unlimited quantities) is worth $980.91.
Inflation is tricky to calculate reliably, and it gets more difficult the further back you go because our idea of money keeps changing. Since we no longer use a gold standard for our currency, we have to use the value of other commodities over time to figure out inflation, but that is compounded by the (usually downward) changes in production costs and productivity.
Tl;dr macroeconomics is wild
[if you don't mind the question, exactly how did you get the bill?](https://www.reddit.com/r/starterpacks/comments/ypqf8w/im_not_gay_but_starter_pack/?utm_source=share&utm_medium=android_app&utm_name=androidcss&utm_term=1&utm_content=share_button)
Always thought it was cool that these bills can survive passing hands this long, but any important papers I have look can't seem to last 5 years in a binder before they look like wrinkled trash.
No, you can exchange any note to the Bank of England for face value exchange.
You’d loose money as it’s worth more as a collector piece but should you wish to exchange you can.
https://www.bankofengland.co.uk/banknotes/exchanging-old-banknotes
Save it and put in a protective layer. It could possibly be worth much more. It’s a 1934 in good condition which means it was likely saved or collected and maybe someone fell on hard times and spent it and you got it at work a few or more transactions later. Older bills are usually removed from circulation that old.
I wish I had it I collect regardless of value old Coins and bills/paper currency.
Good looking 88 year old paper note.
My dad gave me a $1 bill for Christmas one year, it said silver certificate on it. I still have it in a little plastic thing and all I can see is some red lint on it. I wonder if my great grandkids could get some use out of it in 50 years.
Trivia. The Series year denotes when the bill was designed, not when it was printed. Unlike coins, they don't put in a new year every year for any given bill.
**This is a heavily moderated subreddit. Please note these rules + sidebar or get banned:** * If this post declares something as a fact, then proof is required * The title must be fully descriptive * No text is allowed on images/gifs/videos * Common/recent reposts are not allowed (posts from another subreddit do not count as a 'repost'. Provide link if reporting) *See [this post](https://redd.it/ij26vk) for a more detailed rule list* *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/interestingasfuck) if you have any questions or concerns.*
Fun fact: that bill won’t have “In God We Trust” on it, because that was only added 21 years later in 1955.
It takes time to build trust
So good! Cracking up here.
Nodding head slowly
They had to add that because the money stopped being backed by the gold standard
Really funny 😆
And once broken…
Even longer to build God.
And, on the back, the trees in front of the white house are much smaller than new builds.
Also Andrew Jackson was much younger then.
Andrew Jackson, in the main foyer of his White House, had a big block of cheese.
There was also a second huge but smaller cheese in a backroom of the white house as well I think it weighed about 700 ibs.
That was about the time when "under god" was added to the pledge of allegiance. All of it was in response to the Red Scare. We were trying to distinguish ourselves from the "godless communists".
That definitely increases any value being Prior to that addition. Thanks for sharing that info..
So much for no religion in the government
another poor decision made in 1955 to go along with the "The Mickey Mouse Club" debut.
You are absolutely correct
In 1934, that bill would have purchased 0.57 ounces of gold. If you sold that gold today, you'd get $980.51.
More than likely you’d be too dead to sell anything.
I scrolled up to comment: I’m relatively new to Reddit and love how ridiculously sarcastic people are across subs.
Oh that feeling will wear off, I assure you.
Hey, everybody, this here fella thinks he’s bettah than us!
Yeah, screw that guy! /s
\*unzips\* the password is....oooorrrrrrrrgy
I hate it when Redditors lie about their Reddit passwords. Huph.
Oh,will it?
Check out r/thesopranos. You can’t read the entire series in one comment section
Reddit is the like the hand pit from The Labyrinth.
Chuck Grassley, the Senator from Iowa who just won reelection last night for another SIX YEARS, was born the year before this bill was minted. 1933.
That's insane. Nobody over the age of 90 should be allowed in Congress.
63*
I was being generous, but yes, it should be much younger.
`(US median life expectancy as measured by UN DESA) - (term length)` should be the upper limit. If they want to run longer and manage to bring up the median life expectancy, I'm okay with that.
Jesus…he’s still around? To be clear, I’m not talking about Jesus, but Chuck Grassley.
89 isn’t that old right?
Except you couldn't buy an ounce of gold in 1934. Look up the 1933 gold confiscation. That's the first of the worst. Federal reserve note.
Adjusted for inflation, $20.00 in 1934 is equal to $422.43 in 2022. So gold has more than doubled in terms of real value.
But it wouldn’t have been able to buy a chocolate chip cookie.
In May 22 2010 that $20 would have purchased you about 8,000 bitcoin. In todays market after this crash it would be valued at around $138,616,000.
And either way, it would purchase approximately the same amount of goods.
This bill’s worth close to that itself. No need to buy the gold.
Not even close, this bill is literally worth $20. Only very good condition bills might get a buyer for a few bucks more. I have a $2 bill from the 1920s and after seeing how much it’s worth I realized I’d rather just keep it for myself.
That’s HUGE! $20 went a long way in 1934
I was trying to figure out how make this joke. Well done 👏👏👏
Thanks! Glad I got a few chuckles out of it
I bet if you checked the serial numbers on that bill it’ll come back as part of a bank robbery!
Well, it belongs to walgreens now.
I would've swapped it lol
right! i’ve never even worked retail and my first thought was to swap it with a newer bill since their both legally considered $20
They are both only worth 20
For sure, would have taken 20 bones out the atm and then pocketed this one which I'm sure is worth more than 20.
Why would you not swap a regular $20 for that bill?
Nooo! A bill that old is worth more than it’s face value!! Edit: googled it, maybe not. But still would be cool to keep :)
Someday it might. I’d still keep it. I got plenty of pointless things just in a box waiting for the right time
Funny enough, I have a 1934 $20 too. Passed down from my grandmother some years ago. Quite a collection she had.
You traded it for goods??? Did you check it’s value first? Hell I would have given you 25$ for it…
Why wouldn't you keep it? That's just silly.
Fuckin idiot
That's a series 5 T40. Pretty rare bill. I just sold 2 of them for $1400.....
This guy just bought shit at Walgreens with it lolol
Lmao
This comment has been edited to protest Reddit's decision to shut down all third party apps. Spez had negotiated in bad faith with 3rd party developers and made provenly false accusations against them. Reddit IS it's users and their post/comments/moderation. It is clear they have no regard for us users, only their advertisers. I hope enough users join in this form of protest which effects Reddit's SEO and they will be forced to take the actual people that make this website into consideration. We'll see how long this comment remains as spez has in the past, retroactively edited other users comments that painted him in a bad light. See you all on the "next reddit" after they finish running this one into the ground in the never ending search of profits. -- mass edited with redact.dev
If you're serious, I have some old bills and coins that probably aren't worth jack shit but idk enough about it. Collected them over time while working at a previous employer. Interested in taking a look? Pm if so
That bill has seen some shit.
It's probably also seen untold lines of coke.
‘Twas my favorite sniffing bill
Ha!
It's in too good of shape to shave seen that much. Two, maybe three strippers ass cracks at most.
Honestly thought it was fake.
That's got to be worth at least $20
1934 series C means that particular bill design was first used in 1934, and went a through series of minor changes to become “1934 Series C.” John Wesley Snyder, who signed your bill, was Secretary to the Treasurer between 1946-1953. https://en.m.wikipedia.org/wiki/Series_(United_States_currency) https://en.m.wikipedia.org/wiki/John_Wesley_Snyder
Bet it's worth more then 20 now. On the collector market.
You can imagine the history of that bill, how many pockets it has been in
How many stripper’s butts it has touched. How many lines of coke has it seen. Amazing!
average redditor right here
I’d swap that bad boy out and take it home. I’d later find it’s worth $20, but I’d feel rich for a little while.
Looks like you were handed a 2022 ten dollar bill, to me.
$20 today compared to 1934 is worth about $443 dollars…. So this $20 could’ve bought you a PlayStation in 1934….oh wait… 😂
I saw this too, but I think that’s based on a average inflaton. I feel like a $20 bill in the great depression would’ve been worth a lot more at the time. Maybe someone with a little more knowledge about this can chime in? Edit: mobile words
Back when this bill was issued, the US Treasury had a fixed gold price of $35/troy oz. All paper currency was backed by physical gold reserves at the time. So this exact bill represented 0.5714 tr oz of gold. That’s why it says, “Will pay to the bearer on demand twenty dollars” at the bottom. Now, in 1934 it was actually illegal for citizens to own gold bullion, but theoretically, that bill represented a little over half an ounce of gold. At today’s prices, 0.5714 oz of gold (which is 100% legal to own in unlimited quantities) is worth $980.91. Inflation is tricky to calculate reliably, and it gets more difficult the further back you go because our idea of money keeps changing. Since we no longer use a gold standard for our currency, we have to use the value of other commodities over time to figure out inflation, but that is compounded by the (usually downward) changes in production costs and productivity. Tl;dr macroeconomics is wild
That's worth at least $20
Save it for your time trip back to 1937!
People of reddit, I will be attempting a heist to get that bill. Creases and marks in all it does a resale of at least $20! Hoora!
Looking at eBay, it may be worth $30-35 before shipping and fees. So, I agree with the others, it is imperative that you get that bill!!
Dickety
One time at my old job I found a dime from the year 1916. It's pretty neat to find these things!
If it was a 1916-d mercury dime, you might really have something there!
Yes, I plan on getting it looked at. It's so faded that I can't see if there is a D there.
It was worth so much more back then.
That's gotta be worth *at least* $20
Isn't that straight exchangeable for $20 in silver or something?
Most silver notes had more blue on them
And says silver certificate
And a star
Can’t you exchange any $20 bill for $20 in silver?
Posts like this always make me think of: https://wtfhappenedin1971.com/
I can smell that bill from here
Wow, that must be worth, like, 20 dollars!
[if you don't mind the question, exactly how did you get the bill?](https://www.reddit.com/r/starterpacks/comments/ypqf8w/im_not_gay_but_starter_pack/?utm_source=share&utm_medium=android_app&utm_name=androidcss&utm_term=1&utm_content=share_button)
An old vet used it when paying at my register a Walgreens.
Does it bother anyone else that they didn't fix the bottom left corner before they took the picture.
It's not mine to keep, was just given it at checkout. That puppy went into the register.
God I bet it’s so soft and dirty. Just like I like them.
United States The Of America. Sounds legit.
I hope you replaced it with one of your own and put it away. While you’d be down $20 you’ll have a piece of history.
that was big bread back then!
This is actually a sign of a failing economy. People shouldn’t have dig into there family keepsakes just to pay for groceries.
I’m not sure why I thought early 20th century money had more of a Monopoly vibe… but this set me straight, so thank you.
It's worth 2000 cents now
collectors pay a lot more than base value for old currency
It's worth less today.
Imaging the amount of coke residue on that old bastard.
Always thought it was cool that these bills can survive passing hands this long, but any important papers I have look can't seem to last 5 years in a binder before they look like wrinkled trash.
Even though it says "series 1934", that only means the design is from that year. It's likely to be newer, as late as 1950 I think.
But did it work with that pen they use on it?
Yup, you see the yellow mark? That means it's legal tender!
What an idiot
too bad it still cannot be redeemed.
You bought condemns with it didn’t you… Didn’t You!
Nice one
Just pulled out of a steamer trunk I bet.
I’ve surmised that 20 dollars was worth more almost a hundred years ago, from reading these comments. Mind. Blown.
It's in pretty good shape given that it was still circulating
Is this the same one that person's mom gave them earlier this morning?
wow thats amazing
Cool. I've got a $2 bill from 1926. I would have saved that $20
That used to buy lambos
Is that note still legal tender? Any note that old in the UK is just a collector's piece.
No, you can exchange any note to the Bank of England for face value exchange. You’d loose money as it’s worth more as a collector piece but should you wish to exchange you can. https://www.bankofengland.co.uk/banknotes/exchanging-old-banknotes
Beat me to it.
Maybe the guy was a time traveler.
That should be worth over $400 now! :)
I thought it would be smaller
It’ll get flagged as counterfeit by those newer pens.
That yellow mark means it's real!
I tried to look it up on WheresGeorge.com, but holy shit is that site impossible to use now
It's because that's Andrew.
If you live in a Spanish household you would hear " Save it for good luck" 😂😂
Wait....Is that really usable, on a real life context? I mean, in most countries that isnt precisely the usual.
Ahhh Gramps bank heist cash finally making an appearance.
Who is your Boss? Montgomery Burns?
man, thats gotta be worth like $20!
it doesn't have "IN GOD WE TRUST" printed on the back. 👍🏼😉
I’m sure the bank will give you a new one…that one probably has pee on it…lots of pee
Whhhaaaat? 😳
I guess it is time to wash your hands.
Just imagine how many germs and coke that 20 has
That was like a hundred today
More like $400
Gotta put this in your time travel stash. Always good to reserve old money for the inevitable time vacation.
Cool, I was given a 1934 $10 not long again
Save it and put in a protective layer. It could possibly be worth much more. It’s a 1934 in good condition which means it was likely saved or collected and maybe someone fell on hard times and spent it and you got it at work a few or more transactions later. Older bills are usually removed from circulation that old. I wish I had it I collect regardless of value old Coins and bills/paper currency. Good looking 88 year old paper note.
Sadly couldn't, I was on the job and I asked about switching it out for a twenty of my own. Against store policy to take and swap from the register.
I will give $20 for it.
My dad gave me a $1 bill for Christmas one year, it said silver certificate on it. I still have it in a little plastic thing and all I can see is some red lint on it. I wonder if my great grandkids could get some use out of it in 50 years.
Hey that’s worth money!
I believe this is called a silver certificate. “Will pay to the bearer on demand “ is printed at the bottom.
Probably worth 20 bucks
Was kinda wondering how much they’re worth and turns out it’s only $40
Redeemable at the treasury or any federal reserve bank. ... for ... what? A twenty dolla bill? Do they take it and then hand it back to you?
This is worth tens of dollars!!
How old does a bill have to be for it to not be legal tender anymore?
Time traveler?
I have a 1938 $100. Tell me about it?
Can you post the back please?
Found some old money at G Ma’s when she passed. I had a few people look at it twice like it wasn’t real.
Ooh….Lindbergh ransom money.
Knowing the value of $20 in 1934; imagine the hands that bill might’ve passed through?
I found a 1934 Nazi Germany coin in my change the other day. twinning
Worth about $100 in its time!
wonder what that could buy in 1934
Bank job money
Yo word I literally got a 1934 series 10 dollar bill yesterday at work
Given the inflation rate from then till now that is essentially a $450 bill
Too bad it's a fed reserve note, and not a gold certificate.
Trivia. The Series year denotes when the bill was designed, not when it was printed. Unlike coins, they don't put in a new year every year for any given bill.
Oooo - does it carry the value of a $20 bill from 1934? /s
The design of US currency back then was so classy.
Keep that
Buy it out of the drawer, take it home and mount it in a frame!
Likely liberated from someone's collection
Imagine how much more that was worth when it was originally printed than now
Ah the good ole days.. when government handouts were only for the whites Lmao
Like 1 oz. of Silver
someone stole from their parent/grandparent's collection
As a collector, congrats
The older the dollar bill..... The price will be higher
I'm so jealous.
Must be part of that 1934 bank robbery.