613
you are viewing a single comment's thread
view the rest of the comments
[-] Oka@sopuli.xyz 37 points 10 months ago
[-] ironhydroxide@sh.itjust.works 96 points 10 months ago
[-] JoeyHarrington@lemmy.ca 16 points 10 months ago
[-] Hikermick@lemmy.world 10 points 10 months ago
[-] callouscomic@lemm.ee 12 points 10 months ago

Wow, the new president wasted no time reducing prices!

/s

[-] limer@lemmy.dbzer0.com 2 points 10 months ago

20 cents, take it or leave it

[-] Jarix@lemmy.world 1 points 10 months ago

It's worth at least 101 dollars now

[-] tdawg@lemmy.world 10 points 10 months ago

Ignoring inflation

[-] TheLoneMinon@lemm.ee 13 points 10 months ago

Well PMG grading is like $30 a note so... $130?

[-] sugar_in_your_tea@sh.itjust.works 4 points 10 months ago* (last edited 10 months ago)

That means it's worth at least $70. Sunk costs don't increase value.

[-] TheLoneMinon@lemm.ee 1 points 10 months ago

Unless some tech bro pays 50k for the $100 nice boobie bill slabbed and authenticated.

[-] sugar_in_your_tea@sh.itjust.works 1 points 10 months ago

Certainly. Value is whatever someone is willing to pay for it.

[-] Droechai@lemm.ee 1 points 10 months ago

Value can also be a feeling of joy or happiness in the individual that beholds or experience something.

[-] sugar_in_your_tea@sh.itjust.works 1 points 10 months ago

In which case the monetary value is the amount they're willing to pay or pass up to have/retain the experience.

[-] Droechai@lemm.ee 1 points 10 months ago

The paw print on my railing on the porch from my cat stepping on the newly painted area is valued by me, it refreshes memories from her and makes me smile. None would pay for it, and if I repaint the porch the print will be over painted.

That does not make the print worthless while it exists

[-] sugar_in_your_tea@sh.itjust.works 1 points 10 months ago

Sure, and how much would you pay/refuse to preserve it? If I offered $1k? Surely there's a number there.

The value to you is how much you're willing to pay/refuse. There's no absolute value for anything, but there is a maximum and an average.

[-] HootinNHollerin@lemmy.dbzer0.com 3 points 10 months ago
[-] Tsuroth@lemmy.world 4 points 10 months ago* (last edited 10 months ago)

Its similar to trading card grading if you're familiar with that. You send it out to the company who inspects it, gives it a score and then seals it in a hard plastic container.

pmgnotes.com on a score of 35:

For years dealers and collectors called this grade “VF-XF.” This note looks Extremely Fine, but it will have four to seven light folds.

E: spelling

[-] TheLoneMinon@lemm.ee 3 points 10 months ago

PMG (Paper Money Guarantee) appraised and slabs paper notes like this. Same company that does cards and comics (CGC). Basically you pay them money and mail them your bills and a bunch of dudes in a dark room verify it's authenticity and grade it's condition. Niche collectors thing.

[-] Jarix@lemmy.world 4 points 10 months ago
[-] RandomVideos@programming.dev 1 points 10 months ago

Every time someone tries to buy it, you give another 100 dollar bill and sell it to someone else

If you scammed every single person on Earth 50 times, you would still not be the richest person on Earth

You could be if you then sold courses on how to scam people

this post was submitted on 23 Jan 2025
613 points (100.0% liked)

Funny

12410 readers
956 users here now

General rules:

Exceptions may be made at the discretion of the mods.

founded 2 years ago
MODERATORS