High Notes

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Entries in this journal

Baby (I) Did A Bad Bad Thing (Part 1)

Written 7/29  The events to the overall theme of this Journal entry will be playing out over the span of a few weeks and since that is the case and since posting "real time" Journal entries could affect the overall outcome of these events (negatively for me) I'll be logging Journal Entries and then posting them once the chain of events has ended. Here we go. I just bid up a note (actually two), BIG TIME, for no good reason other than too (1) be a jerk.  (2) test a theory based off of d

Fenntucky Mike

Fenntucky Mike in Collecting

Baby (I) Did A Bad Bad Thing (Part 2)

Written 7/30 The third of four Shahiv banknotes was ending today, the 40 Shahiv banknote, and as planed I would place a lowball bid to hedge against the possibility of me being incorrect in using the Population Reports to determine the seller has another 40 Shahiv banknote that they will post soon after the auctions for the first set end. The bidding started at $43, the note was graded Choice Very Fine 35 by PMG, no EPQ designation, and no bids had been placed as of yet. Since the auction w

Fenntucky Mike

Fenntucky Mike in Collecting

Baby (I) Did A Bad Bad Thing (Part 3)

Written 8/7 The auction for the 30 Shahiv banknote ended and I didn't place a bid , with only one bidder and a $158 starting price I just couldn't justify the risk of bidding and ending up with this note. That's not to say the note was not worth the price, Top Pop, it's the harder to find "b" variety with the Gray-Violet ink and it's the only note of this variety currently graded (all pluses) but I just couldn't do it. The note just didn't have the good vibrant ink/color that I would like t

Fenntucky Mike

Fenntucky Mike in Collecting

Baby (I) Did A Bad Bad Thing (Part 4)

Written 9/11 On Friday (9/3) the 10 & 20 Shahiv notes showed up in a registry set, followed by a slot being added to the Registry and the 30 Shahiv being added to the same set on Tuesday (9/7). As I suspected, one of my fellow Ukrainian collectors in the Registry picked up 3 of the 4 notes (myself having acquired the fourth), the 10 & 30 Shahiv having sold for moon money ($281 & $158 respectively) and the 20 Shahiv selling for considerably less. I had purchased the 40 Shahiv (PM

Fenntucky Mike

Fenntucky Mike in Collecting

Baby (I) Did A Bad Bad Thing (Part 5)

Written 10/24 Well, here we are. The End... A few weeks ago, approximately on or around Oct. 1, the seller who had originally listed the first lot of 4 Shahiv banknotes listed two more, 10 & 20 Shahiv banknotes. I was excited to see these listed, and therefore justified my incessive PMG Population Report watching, kind of, but I felt little excitement in wanting to acquiring either of the two notes.  The 10 Shahiv note was a lower grade than the first, the first being graded 55 EPQ

Fenntucky Mike

Fenntucky Mike in Collecting

Why, Why, WHY!...... And It Makes Me Wonder......

Sigh..... Well, I did it again. Went and completely shot myself in the foot AGAIN. Arrghh!  A few weeks ago I wrote a journal entry about how I have been getting skunked at auctions lately and I also eluded to a group of Ukrainian notes being auctioned by Heritage Auctions, a group of WWII issued karbowanez banknotes. Journal entry here... I had bid up the notes that I was going for (Way UP!) and had put noncommittal bids on the other lots. Well guess what? While scouring ebay I came a

Fenntucky Mike

Fenntucky Mike in Collecting

99 (100!) Luftballoons

Recently I acquired a P127b banknote for one of my Ukrainian sets, NBU 1991 - Date, normally this would not result in much fanfare but it just happened to be the 100th note in the set.  A somewhat noteworthy  achievement in my book and a short time coming in the grand scheme of things. Having started this set in February of 2019, it took only a miniscule 28 months to reach 100 banknotes a goal that I would have anticipated being much more drawn out and that there was submitted such a variety of

Fenntucky Mike

Fenntucky Mike in Collecting

They got an education / And they all been in school

I was taking a stroll through the internet, a week or so ago, searching for information on the paper used by the National Bank of Ukraine - Banknote Printing and Minting Works for banknote production, and stumbled upon a really wonderful document titled Banknote Paper Deterioration Factors: Circulation Simulator Method, authored by Tetiana Kyrychok, Anatolii Shevchuk, Victor Nesterenk, and Petro Kyrychok. Normally I like to skim over items such as this, gleaning what I think is pertinent to my f
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