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So Long, Farewell, I've Got To Go...

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Fenntucky Mike

Entry posted by Fenntucky Mike ·

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...as I'm bowing out of these auctions. 

Timing was never something that seemed to worked in my favor, neither was luck, but with both being somewhat out of my control I can only sit back and watch as more amazing notes hit the auction block. :( Namely, three color trials and a printer's design being auctioned by the same seller who listed the 42 specimens only a few weeks ago. I suppose having a severe case of not wanting to let go, a set discretionary budget, and an acute lack of patience probably doesn't help my cause either. lol

First is a 1993, 2000 Karbovantsiv color trial note. This is the fourth such note that this seller has listed, the first three being graded 67EPQ x 2 and another 66EPQ by PMG. The 67s went for $600, not including taxes and shipping, and an offer was accepted on a $999 BIN price for the second. The previous 66EPQ was listed with a BIN price of $999, with an offer being accepted for the note earlier this year. Bidding on the below note is currently over $500. Hopefully this seller has a few more up their sleeve and I'll be in a position to bid on them.

EDIT TO ADD: HAMMERED AT $720

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Next is a 1992, 100 Karbovantsiv color trial note. I don't have any records of this note, or another, being auctioned, making this note a first time offering of the type. Bidding is currently up to $505 on this note as well, but it should go much higher. 

EDIT TO ADD: HAMMERED AT $710

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Also, we have what I believe to be another color trial but it is labeled as a P#88s. A #88s is a 100 Karbovantsiv specimen of the second series coupons with red-overprint "ЗРАЗОК" on the face and back with solid zero prefix and serial number, the color palate is orange, violet and grey, the note below appears to be a first and second printing red ink color trial. The color trial notes are typically identified by the color variations when compared to specimens or an issued note. The color trial notes of this denomination will also have a solid zero prefix and serial number, same as a normal specimen note, and no red-overprint "ЗРАЗОК" on the face and back. There are additional color trial notes with "SPECIMEN" in block letters stamped vertically in red on the left side of the face, these are very rare. Unfortunately for me the label isn't fooling anyone as bidding has reached $510 for this note. :(

EDIT TO ADD: HAMMERED AT $700

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Finally, a 1992, 50 Karbovantsiv printer's design. I love this note! I also have no record of this note, or any other, being made available. Currently unlisted in Pick, the seller must not have paid for variety attribution :mad:, it is listed in at least one other reference but not most, and none list this color. This note is great, an unreleased denomination for this issue, an unlisted color variety with printer's annotations, and the first time it's been available for purchase. This is possibly a unique note. :luhv: Of course, the seller may list several other after this note is sold, who knows. xD Bidding is currently at $500 and should climb from there.

EDIT TO ADD: HAMMERED AT $710

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It's difficult to say how rare some of these color trials and printer's design notes are, especially as it seems PMG does not list these notes, P#'s, separately and possibly lumps them all together under the series and denomination specimen P#, making the Pop Report even more worthless than it already is. :frustrated: The one thing I do know is that there is a LOT of unique paper out there, especially for the coupons of '91-95.

It's the eternal question of do you dig deep and go for these or establish a limit? Well, I've hit my limit and am going to have to let these pass, no matter how much I would like to keep going, at least I'm able to document them in my records and have decent images as well. I'm currently saving and selling off some coins in hopes of acquiring a U.S. NBN of all things. :o It's doubtful that I will win that note either but I'm going to give it a try, I already have my limit established, and if I don't win that note I will be left with a sizeable stash of mad money for the next note. As there always seems to be another note on the horizon. xD

 

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9 Comments

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ColonialCoinsUK

For modern notes there are some really strong prices there :o

Any idea how many 'color trials' etc would be produced for a new issue? Assuming they are all in good condition and end up in holders would there be enough for all the Ukraine collectors out there? and the key question is 'how is the seller getting the ungraded notes and can I get some the same way????' :gossip:

I find myself in a similar position in that there has been quite a few fantastic Latin American notes appear on Ebay recently which have attracted very high bids, about 3 or 4x what I would have expected as a top estimate. Although at >100 years old there probably can't be many more at that quality in existence and some buyers are digging very deep just in case they are the only examples at that level. I just tell myself there must be more and they will be better value next time :roflmao:

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Fenntucky Mike
On 7/3/2023 at 3:28 PM, ColonialCoinsUK said:

Any idea how many 'color trials' etc would be produced for a new issue?

No clue, for some coupon's there are up to eight documented color trials, but taken at face the printer's annotation would suggest 3,691 for that particular note. Now, whether that means 3,691 of that note/color or if there are several color trials lumped in? (shrug) Then how many escaped and survived?

On 7/3/2023 at 3:28 PM, ColonialCoinsUK said:

Assuming they are all in good condition and end up in holders would there be enough for all the Ukraine collectors out there?

Hard to say based on available info but it seems there is a shortage.

On 7/3/2023 at 3:28 PM, ColonialCoinsUK said:

and the key question is 'how is the seller getting the ungraded notes and can I get some the same way????' :gossip:

I'd love to know the answer to this question! The seller seemingly has an inexhaustible supply of great material, especially specimens, and just keeps listing notes from many, many countries. I've reached out to them on a item, hopefully we can work a deal. I might put together a wish list and see what they can do.  monalisa-money-mondo ,They deal almost exclusively on ebay but do have a website you can go through as well.

On 7/3/2023 at 3:28 PM, ColonialCoinsUK said:

I find myself in a similar position in that there has been quite a few fantastic Latin American notes appear on Ebay recently which have attracted very high bids, about 3 or 4x what I would have expected as a top estimate. Although at >100 years old there probably can't be many more at that quality in existence and some buyers are digging very deep just in case they are the only examples at that level. I just tell myself there must be more and they will be better value next time :roflmao:

It's never easy to watch a great note pass by but the note will resurface eventually, or another will come up. The big questions are when? and will I live long enough to see the note again? lol 

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ColonialCoinsUK
On 7/4/2023 at 1:55 PM, Fenntucky Mike said:

I'd love to know the answer to this question! The seller seemingly has an inexhaustible supply of great material, especially specimens, and just keeps listing notes from many, many countries. I've reached out to them on a item, hopefully we can work a deal. I might put together a wish list and see what they can do.  monalisa-money-mondo ,They deal almost exclusively on ebay but do have a website you can go through as well.

Same dealer for the quality and rare Latin American notes that have been appearing recently.

So, and this is completely in the realm of fantasy and guesswork, but for the older notes I guess Canadians have quietly been big collectors of world notes over the years and some long-standing collections are now appearing on the market???? hm Plus there doesn't seem to be many specialist Canadian auctions and that probably just leaves direct sale to a dealer for many people???

On 7/4/2023 at 1:55 PM, Fenntucky Mike said:

It's never easy to watch a great note pass by but the note will resurface eventually, or another will come up. The big questions are when? and will I live long enough to see the note again? lol 

That's what I tell myself, but seeing what the very rare Latin American notes went for at the cgb sale yesterday :o I may just have to settle for the good picture xD (I was hoping to get at least one of the nine but wasn't even remotely close but then the estimates from cgb weren't either :roflmao: Once graded I wouldn't be surprised to see some of them appear in a Platinum night at Heritage as the only known example)

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Fenntucky Mike
On 7/5/2023 at 4:56 PM, ColonialCoinsUK said:

So, and this is completely in the realm of fantasy and guesswork, but for the older notes I guess Canadians have quietly been big collectors of world notes over the years and some long-standing collections are now appearing on the market???? hm Plus there doesn't seem to be many specialist Canadian auctions and that probably just leaves direct sale to a dealer for many people???

Wouldn't surprise me if this was accurate, there seems to be a very active banknote community in Canada. Ukrainian notes being sold through a Canadian dealer make some sense to me as there is a large population of Ukrainians living there, all the other notes. (shrug) Apparently they are well connected and stocked! 

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VE Coins
On 7/5/2023 at 4:40 PM, Fenntucky Mike said:

Wouldn't surprise me if this was accurate, there seems to be a very active banknote community in Canada. Ukrainian notes being sold through a Canadian dealer make some sense to me as there is a large population of Ukrainians living there, all the other notes. (shrug) Apparently they are well connected and stocked! 

This seller has had some fantastic specimen czech notes that have gone for really high values as well, some of them early on went for 2k+. I would have loved to get one but unfortunately they were way to far above my budget at this time. I don't know where they got all these specimen notes but they have had a lot of them.

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Fenntucky Mike
On 7/6/2023 at 11:01 PM, VE Coins said:

This seller has had some fantastic specimen czech notes that have gone for really high values as well, some of them early on went for 2k+. I would have loved to get one but unfortunately they were way to far above my budget at this time. I don't know where they got all these specimen notes but they have had a lot of them.

I think they specialize in specimens, proofs, etc., I saw those Czech specimens and they were awesome! The seller also listed a ton of Yugoslavia, Georgian, and specimens from many other countries recently. It's been pretty amazing to see all these notes.

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ColonialCoinsUK
On 7/7/2023 at 12:35 PM, Fenntucky Mike said:

I think they specialize in specimens, proofs, etc., I saw those Czech specimens and they were awesome! The seller also listed a ton of Yugoslavia, Georgian, and specimens from many other countries recently. It's been pretty amazing to see all these notes.

So the question is are they keeping the best of everything for their own collection? If they are it must be fantastic :bigsmile:

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Fenntucky Mike
On 7/8/2023 at 10:35 AM, ColonialCoinsUK said:

So the question is are they keeping the best of everything for their own collection? If they are it must be fantastic :bigsmile:

If they are keeping the best notes I'd like to know how I can get an invite or ticket to view the collection! I assume there's a waiting list. xD 

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