My grades came back for the 12 Traveler’s Cheques (2 sets of 6) and the 3 Hole-filling 2nd Dollar Bearer Cheques… and I am thrilled!!!! They did significantly better than I’d been allowing myself to hope for. I’d been thinking I’d be extremely happy if Fenntucky Mike was right, and they all came back with grades in the 61-63 range. I was mentally bracing to get a bunch in the AU50-55 range. Instead, I got the following.
I’m not a note grader. I don’t at all know how to grade these and don’t claim to know. This was a shot in the dark for me with the best examples I could find at a reasonable-feeling price. This is one of the reasons I normally would not want to self-submit notes because I just don’t know what makes a promising bet and what could be a deal-breaker. So, I was just trying to cross my fingers and come in with what I hoped were reasonable expectations and this blew me away.
11 out of 12 got the EPQ designation and 9 out of 12 came back at 63 or above.
A 66 EPQ a P-17 and a P-19 has me over the moon and a 65 EPQ for P-20, combined with the P-15 in 65 EPQ is enough to make a very strong set of these checks, with a 63 EPQ and 64 EPQ to round out the set. It is a tiny bit of a bummer that both P-15s came back at 64 EPQ, below the 65 EPQ on the one I have, so on paper that arguably was a waste, but those are still very solid grades that just barely missed the other and I wanted P-15s as my -001 on the invoices.
I split the traveler’s checks into 2 invoices so I’d have two groups of -001 to -006 – maybe two competitive sets with all the same invoice number. Because all the higher grades didn’t land on one submission and because the P-15s didn’t beat the other, if I want to make the best competitive set I can I’d have to mix and match, which would defeat the purpose of paying the $10 to split the two invoices and submit the P-15s. I’ll decide later how I want to deal with that – go for style or go for the strongest possible group of 6.
I’m thinking I may have to contact the seller and tell him how this turned out and thank him. I’m definitely feeling good at this point for paying the extra cash to have him pick and pull the nicest examples he had.
On the bearer checks, the 64 EPQ on the P-46b is slightly disappointing, but the 67 EPQ top pop on the P-40 was great, and this gives me a complete graded set for the 2nd dollar, which is what I wanted out of that. I'll be in no rush to upgrade or try for an upgrade on that 64 I think.
The "Stamp Cancelled" comment is interesting in that it IS in the comments on the back but it seems to be new. My older P-15 - which is still in a new gen holder - doesn't have it.