The Shiek

A journal by Sheik Sheck

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Gold Certificates!!!

Entries in this journal

Another Grading Company Comparison

Educating all on the difference between CGA and PMG As the esteemed Matarcat says, treat CGA as ungraded when purchasing.Note, the even though PMG did not assign it "NET" another surprise was the note had been "Retouched", impossible for most to realize before sending in for grading. To see old comments for this Journal entry, click here. New comments can be added below.
Sheik Sheck

Sheik Sheck

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Proof ALL Grading Companies are the Same

It really doesn't matter what grading company one uses. The standards are so well-defined and tight now that the value of a note has almost no wiggle room. As you can see here, I wanted a reputable company to grade a note. Of course, it was a waste of money since the note graded the same thus the value remained the same. Anyone note any sarcasm? That's because there is plenty!! I knew the note would not grade as well. I thought perhaps a 58EPQ would be the lowest but more likely a 62EPQ. Holy
Sheik Sheck

Sheik Sheck

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Request for Front of Gold Certificates

I had to put one extra in this, the TECHNICOLOR. The greatest note there is. Incredibly overpriced and only bone heads buy one. ENJOY! To see old comments for this Journal entry, click here. New comments can be added below.
Sheik Sheck

Sheik Sheck

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Art Project of Large Note $20 Gold Certificate

Paint and crop is quite entertaining with scanned notes I couldn't help myself. My $20 Gold Large Note collection is nearing completion. I only need an Fr-1181, 1182 and 1183. I have the technicolor Fr-1180. I need the Fr-1179, the other technicolor note to truly complete the collection but that probably won't happen for a long, long time. I hopefully have a trade in the works to get the 1181, 82 and 83. I thought I would choose 6 of the reverses and do another collage. I will do another with
Sheik Sheck

Sheik Sheck

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Ungraded Notes

They continue to get away with it and the auction house does nothing. Here is a description from a seller that I bought an ungraded note from and it graded out NET 35....The listing is shown below as is a pic from the current listing. The photo has been so manipulated it is almost impossible to see but when you get it in the mail you will DEFINITELY see a horizontal fold. NO NOTE WITH A HORIZONTAL FOLD WILL GRADE ABOVE 35. NONE!!!! Yet, this 100% feedback seller that has glowing feedback from po
Sheik Sheck

Sheik Sheck

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Ungraded to Graded - Part 5

Did you find the repair? I could not so I called PMG. Sometimes the graders leave notes as to what was repaired. The phone agent told me there was a tear "in the middle of the note at the top" that was repaired. Only then did I locate the repair. The arrow shows. If you had the note in hand prior to the sale and looked it over with a microscope or high magnification and knew what to look for, you would have seen the repair. I looked the note over before grading and did not see it. I left "neut
Sheik Sheck

Sheik Sheck

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Ungraded to Graded - Part 4

The reverse grade describing why the note is NET. Now inspect the note very carefully to see if you can spot the "Repair". A good test if you can grade by a scan. If you find the repair before I give you the answer, you have a very keen eye!! To see old comments for this Journal entry, click here. New comments can be added below.
Sheik Sheck

Sheik Sheck

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Ungraded to Graded - Part 3

Now the truth... Sent to PMG and graded. The new PMG holders are absolutely wonderful. Like the note is mounted in a crystal glass container. Even so, the note is scanned with my scanner with no color manipulation. Notice a difference between my scan and the advertised scan? Also, notice the grade isn't quite consistent with the description. Hmmmmm.... PS I blocked my name lest I am victimized. I thought this "premium paper" super version of the wonderful Fr-282 would be the jewel of my coll
Sheik Sheck

Sheik Sheck

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Ungraded to Graded - Part 2

The reverse of the note from the sellers advertisement. To refresh your memory, here is the note description. "On the want lists of many collectors, but rarely ever offered. Most seen are very low grade and ugly. Examples in mega high grade like this one here tonight, are very few and far between. Incredible design with a portrait of Lincoln, and nicknamed the "Porthole Note". This specimen is near uncirculated with just very minor handling(see enlarged scans). Premium paper quality is crisp a
Sheik Sheck

Sheik Sheck

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Ungraded to Graded - Part 1

Lesson on what is advertised versus what the truth is.... This is Picture 1 from the seller, a picture of the obverse of the note. Notice how the note look beautiful and white. Here is the description by the seller... "On the want lists of many collectors, but rarely ever offered. Most seen are very low grade and ugly. Examples in mega high grade like this one here tonight, are very few and far between. Incredible design with a portrait of Lincoln, and nicknamed the "Porthole Note". This spe
Sheik Sheck

Sheik Sheck

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Ungraded notes in my crosshairs

Ungraded notes are sucking your wallet Ungraded notes steal from your pocket. Why would a rare gold certificate from 1882 be ungraded? They are so rare, just about every dealer has seen every one of these notes. I see it all the time, dealers saying, "oh I sold this same note five years ago" The notes are ungraded because experts know they will grade NET. They are able to spot the tiniest flaw that even if an average collector had the note in his hand, he would not be able to tell it was "reto
Sheik Sheck

Sheik Sheck

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Stupid Collectors Buy Ungraded Notes

I am stupid This is the last time, I promise!! I will never be STUPID again. Several Ebay dealers that continuously get 5 star feedback for selling ungraded notes. Probably because the buyer never gets the note graded. I have learned my lesson over and over again that ungraded notes that are rare or valuable are UNGRADED FOR A REASON. These rare or highly desirable notes have probably been looked at and looked at again and again by professionals that know why they should not grade them. THEY A
Sheik Sheck

Sheik Sheck

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Reverse of Fr-1198 - New Holder

The Fr-1198 has only 39 graded between both the services. The Parker-Burke signature combination from the 1913 series has 21 graded at PMG and 18 graded from PCGS for a grand total of 39 Fr-1184 graded notes. Compare that to the more common Speelman-White signature combo of the 1922 series (Fr-1187) where 3,907 have been graded. Yet, there isn't a great premium between the two? That's why I don't mind owning multiple Fr-1184 notes! One day... To see old comments for this Journal entry, cl
Sheik Sheck

Sheik Sheck

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New PMG Holder for Fr-1198

New holders are definitely better than old ones I have some freshly graded notes from earlier this year and when you hold the newest holders to the light and compare with the previous holders, there is no doubt. The old holders look great but are cloudy looking when held up to the new holders. You would not know unless you compare them directly! To see old comments for this Journal entry, click here. New comments can be added below.
Sheik Sheck

Sheik Sheck

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Scope Creep

All Collectors are Victims of Scope Creep That's why PMG, PCGS, Ebay, Heritage love us because our scope creeps beyond our wallet, spouses and our own original design!! To see old comments for this Journal entry, click here. New comments can be added below.
Sheik Sheck

Sheik Sheck

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Gold Collage

Spectrum of Colors Composing Gold Certificates This is a collage of the different reverse colors seen on various gold certificates. What better background than a Fr-1180 technicolor? I have always been fascinated with the different "orange" colors that make up the reverse of the gold certificates. Here is a direct comparison! To see old comments for this Journal entry, click here. New comments can be added below.
Sheik Sheck

Sheik Sheck

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New PMG Holder

Newly graded on 4/18/2016 Fr-1184 with PMG's super material. It is very nice. The lovely and rare Fr-1184. To see old comments for this Journal entry, click here. New comments can be added below.
Sheik Sheck

Sheik Sheck

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Reverse of Rare Fr-1184

From previous post on Fr-1184 Read previous post on thoughts about low population gold certificates To see old comments for this Journal entry, click here. New comments can be added below.
Sheik Sheck

Sheik Sheck

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Rare Gold Certificate

My theory is that rare notes, especially gold certificates have great potential. Nobody ever responds to my posts but folks look at the pictures s I assume they enjoy. Here's what my new deal is....count the population report of all the gold certificates from both PMG and PCGS web sites and try to purchase mid-grade versions. I can't afford GEM's. Fr-1174 is a $20 gold certificate. It looks at lot like the well known Fr-1187 with Speelman/White signatures from 1922. OK, for Fr-1187 PMG/PCGS re
Sheik Sheck

Sheik Sheck

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Reverse of Fr-1197 Seller's Scan

This is sellers scan of a note I purchased. The seller tinted the scan with more orange to make the note more presentable. Be careful when you buy gold certificates and be sure to ask. Is this the original scan or did you colorize it? I think my scan is nicer! Seller's Scan. This business is full of tricksters. Rule: buy certified notes that the seller guarantees the scan color has not been altered. To see old comments for this Journal entry, click here. New comments can be added below.
Sheik Sheck

Sheik Sheck

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Reverse of $50 Fr-1197- My Scan

This is my scan of a note I purchased. The seller tinted the scan with more orange to make the note more presentable. Be careful when you buy gold certificates and be sure to ask. Is this the original scan or di you colorize it? I think my scan is nicer! My scan of the reverse of Fr-1197 $50 Gold Certificate. Next post is the sellers scan. To see old comments for this Journal entry, click here. New comments can be added below.
Sheik Sheck

Sheik Sheck

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Gold Certificate Reverse

Obverse is rare Parker Burke signature combo I keep believing large size gold certificates that are GEM or relatively rare are the way to go. To see old comments for this Journal entry, click here. New comments can be added below.
Sheik Sheck

Sheik Sheck

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Reverse of NET $5 FRN

Pinholes is an understatement!! Thanks Pop, bet you never knew this note would be posted on a thing called the internet and potentially bee seen by thousands! RIP To see old comments for this Journal entry, click here. New comments can be added below.
Sheik Sheck

Sheik Sheck

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