this post was submitted on 23 Jan 2025
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[–] TheLoneMinon@lemm.ee 14 points 2 months ago (2 children)

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

[–] sugar_in_your_tea@sh.itjust.works 5 points 2 months ago* (last edited 2 months ago) (1 children)

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

[–] TheLoneMinon@lemm.ee 2 points 2 months ago (2 children)

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

[–] sugar_in_your_tea@sh.itjust.works 1 points 2 months ago (1 children)

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

[–] Droechai@lemm.ee 1 points 2 months ago (1 children)

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 2 months ago (1 children)

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 2 months ago (1 children)

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

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.

[–] Etterra@discuss.online 1 points 1 month ago

I'll bet you could con a few million out of Elon for it.

[–] HootinNHollerin@lemmy.dbzer0.com 3 points 2 months ago (2 children)
[–] Tsuroth@lemmy.world 4 points 2 months ago* (last edited 2 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 2 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.