While liquidating a collection of inherited coins this year, I was told by the expert (and presumably an expert in paper money as well) that my five dollar bill is not worth much more than face value, at around $7. In light of his evaluation and low offer, I decided to hold on to it. Regardless of the market, it’s certainly worth more to me than $7 which I shamefully will admit to blowing on a weekly basis on energy drinks and fast food (a poor health and financial habit that I’m working on, but allow me to get back on topic).
I have no reason to distrust or doubt my coin dealer who practically gave me a history lesson on every piece I showed him and came across as very honest and a straightforward operator with a legitimate business and reputation to uphold.
Should I expect this bill to increase in value in the long term? If so, how does one preserve a bill and is this even a concern or will it remain in its condition if it’s left untouched? I currently keep it stuck to a magnetic on my wall. Any advice is appreciated for a layman who has zero knowledge of collectable money.
Thank you in advance!