The old fashioned thrill of a " treasure find " in pocket
change never disappoints !!This morning at work another sweet find .....one $50 Series 1934 Chicago FRN in slightly better than average circulated condition . Maybe some older timers than myself could volunteer what a fifty dollar bill would have purchased in 1934 ??!! That was 2 full years before my mother was born . My father was a very young 5 year old living in the midst of the Great Depression in southern Virginia . Not long afterwards as I remember the story my Dad's father killed himself the week after the only local bank had closed for good leaving the family penniless . To be fair , I am told Grandpa also suffered terribly with some type of severe leg pain ...perhaps DVT's ...this I am sure contributed to his state of mind and early demise . I am no fan of suicide but I don't pretend to understand what someone in terrible anxiety , fear and pain may be feeling and thinking in a short span of time . But enough of sad history .One FUTURE consideration for collecting lower value notes such as this one that occured to me today ....the bill has a face value ( and thus a floor value ) of $50 . HOWEVER ....If our currency is ever debased /replaced it seems more likely than not that the value of this type of collectible could very well plumment . Any thoughts on that from anyone would be welcomed !?It might NOT be well for folks LONGTERM to accumulate many of these types of notes .Enjoy the picture !To see old comments for this Journal entry, click here. New comments can be added below.
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