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Time to buy some raw notes and do some grading.

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Revenant

Entry posted by Revenant ·

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So the 2020 PMG Registry awards are in the books and PMG has paid my work / writing another very high compliment:

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The $500 grading credit that this comes with is going to open up a great opportunity for me get get some notes in my set that I don't often see come up for sale already graded by NGC and get this set more or less "complete."

I don't have the financial resources or the facilities to bulk grade notes or to sell a lot of notes that I don't need. I'm also not all that great a grading notes and making sure that what comes back are gem 66+ notes. Given this, and given the fact that these notes often come up for sale in high gem grades at prices that are only slightly higher then what it would cost me to buy them raw and take the risk on grading myself, it just hasn't been economically viable for me to try to go it alone on submitting up to this point.

This grading credit is going to give ma a guilt free pass to buy some travelers checks and Cargill bearer checks and  a couple of missing 2nd dollar checks and submit them for grading. i'll get to build out the last few parts of the run where I don't have much and not feel bad about "wasting money" or making a bad pick / bad "investment" if the grades that come back are less than impressive. 

As a kind of "declaration of intent" I've gone back this morning and added some slots for these notes - bringing the total number of slots up to 124. 

I'm still not going to add slots for a lot of sub-types and varieties that I don't have at this time. I think If I added those in I'd be somewhere in the neighborhood of 150-160 slots. I'm still interested in maybe one day getting to the point of having all the sub-types / varieties for all the notes but that wasn't part of my original goal for the set and I'd be extremely happy just to have every pick number represented - or really close to it.

The last 3rd dollar note that I don't have, the P-72, is probably not going to be part of this effort. I'm probably still just going to leave that alone and leave that slot empty for now.

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7 Comments

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Fenntucky Mike

All good choices. When the time comes post some pics, front and back, of a couple of the notes. Always love to play the grade game and to speculate. 

Looks like 14 more slots, that's a pretty good increase, if you're quick enough I'm thinking best presented 2 years running. You'll probably need to mail them by February to make the deadline though. :whistle:

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Revenant
51 minutes ago, Fenntucky Mike said:

Looks like 14 more slots, that's a pretty good increase, if you're quick enough I'm thinking best presented 2 years running.

I'd be quite surprised if it ever won another major award - pleasantly, but very surprised.

52 minutes ago, Fenntucky Mike said:

You'll probably need to mail them by February to make the deadline though. :whistle:

 I'm hoping it's not QUITE that bad, but I'm hoping to start buying some of the notes I need at the start of February. I'm also not ruling out adding some new varieties and replacement / non-replacement notes to compliment what I have already, which would also add more slots over time.

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Revenant
54 minutes ago, Fenntucky Mike said:

When the time comes post some pics, front and back, of a couple of the notes. Always love to play the grade game and to speculate. 

Totally. Happy to do that, :) once I pick something to buy anyway.

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Sheik Sheck

Congratulations on your big win! All that hard work on Zimbabwe paid off. You are definitely the hyper inflation dude. I am really glad they honored you as us forum dwellers know how much blood, sweat and tears you put into the hobby. One hundred trillion salutes to you. Well done!

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Revenant
8 hours ago, Sheik Sheck said:

Congratulations on your big win! All that hard work on Zimbabwe paid off. You are definitely the hyper inflation dude. I am really glad they honored you as us forum dwellers know how much blood, sweat and tears you put into the hobby. One hundred trillion salutes to you. Well done!

Thanks a lot. :D It meant a lot. I was very happy to get it and I appreciate your message. :)

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Revenant
On 1/13/2021 at 4:43 PM, Fenntucky Mike said:

Read a little blurb about Zim last week in Coin World, speaking to the state of things there.

https://www.coinworld.com/news/paper-money/zimbabwe-embraces-u-s-dollar-as-currency-shortage-continues 

Side note, I'm really loving that Coin World now has a Paper Money section. I think they added it at the start of 2020 and it seems to be expanding. ^^

Thanks for that. That and a bit more research my form the basis for starting a comment on my P-104. If that's happening they'll abandon the new dollars officially soon enough.

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