Upgrading my P-93 $5 note.

0
Revenant

155 views

A couple of nights ago I was able to win a new TOP POP (for now) 67 EPQ P-93 note that can upgrade / replace my 64 EPQ that I got last year as a hole filler just to have the set complete. I spent about $36 all in and decided to this rather than go for a $51 68 EPQ 10 Billion note for now.

  

At this point I don’t know if it will arrive here or if mail forwarding is going to send it to the new house by the time it’s all said and done. We have 15 days until we move. Given past experience with this seller I think it will arrive here within a few days of the move.

I'm still debating how far I'll ultimately go and how much I'm ultimately willing to spend to upgrade the Zimbabwe set. The few 64s and 65s I have are definitely up for upgrades over time as 67/68 examples come up at reasonable prices, but I'm finding that most upgrades I'm seriously willing to consider have to be 3 point upgrades for $40 or less.

This is only about the 3rd time I’ve done a direct upgrade of an existing note in the set - and one of those was bought by my wife without me knowing what it was. There have been 2 or three times though were I had a replacement and got a regular issue in a different grade that earned me more points - or vice-versa.

I find anything for $50+ or anything that is only a 2 point upgrade a lot less appealing. I have almost no interest in 1-point upgrades, especially when I already have a 67. The cost / benefit just isn’t there for me as a 67 is already a superb gem Uncirc and a dang fine note for any collection.

The ZIM93 is kind of the poster child for why I'm reluctant to buy anything below a 67 or 68 for the VEN104 - I actually think about this note every time I think about giving in and buying a VEN104 in a lower grade. At the time I bought that 64 EPQ I already knew that it really wasn't what I wanted - I already knew that I really wanted at least a 65 or preferably a 66, but it was the only graded example I'd ever seen and I wanted that set to be complete - and it only cost me about $20. Now I've seen at least 3 67 EPQs of that note come up for sale - and it has only been maybe 1-1.5 years. Not long in the grand scheme... but it did feel good to have the 4th dollar become one of my first 100% complete Zimbabwe sets.

At least one higher grade, more recently purchased note that is likely to get upgraded at some point is my 66 EPQ P-100. It is a 66 EPQ that is in a set that is full of 67s and I don't see myself buying anything lower than a 68 EPQ for that set in the future, and I may ultimately bite the bullet and build out a full 68 EPQ set of those. 

This P-93 also probably will not be the last upgrade to the 4th dollar set. I have a P-65 P-94 and P-95 that will probably both get bumped up to 67s or 68s down the line when the opportunity comes up and my P-92, which is a 66 EPQ, may get replaced with a 68 EPQ at some point because 68s of that note can sometimes be had for just $30-35, like this P-93 I just snagged.

214441587_4717260304955462_321637964045914776_n (1).jpg

0



2 Comments


Recommended Comments

Quote

Given past experience with this seller I think it will arrive here within a few days of the move.

It always amazes me how quickly the packages arrive from this seller. 

Quote

I find anything for $50+ or anything that is only a 2 point upgrade a lot less appealing. I have almost no interest in 1-point upgrades, especially when I already have a 67. The cost / benefit just isn’t there for me as a 67 is already a superb gem Uncirc and a dang fine note for any collection.

I'm 100% onboard with this line of thinking, it's just not worth it in my collecting areas at least, and I'm much more inclined to leave a slot empty for my newer sets as opposed to buying a "filler".

Link to comment
On 7/20/2021 at 9:09 AM, Fenntucky Mike said:

It always amazes me how quickly the packages arrive from this seller. 

I'm 100% onboard with this line of thinking, it's just not worth it in my collecting areas at least, and I'm much more inclined to leave a slot empty for my newer sets as opposed to buying a "filler".

It has hit the United States at this point and is estimated to arrive here on Saturday. Pretty fast as usual.

And, yeah, sticking to my guns for now on VEN104. If we get to the end of the year and are coming up on the awards deadline I may buy a cheap hole filler just to have the set complete though. That might make me cave. We'll see. lol 

 

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now