GoldFinger1969

Lots of nice bills...got me to thinking that if countries spent as much time running their economies the right way as they did spending time designing the artwork on their bills.....there'd be a lot fewer economic and financial implosions in many countries !!

I don't think the convertability into gold or any gold legal verbiage is what determines the price. It's supply and/or demand. Gold Certificates in high grade...and low SN....and high-denomination....or any combination of those variables....leads to a high price. There are more of the other bills, irrespective of how they are seen vis a vis gold.

I have a thread on the legal verbiage on different bills. Check it out.

Some explanation below: https://www.pcgs.com/news/what-are-radar-notes#:~:text=An example of a super,to be the older notes.

Lance, do you or someone else have a definititon of "Super" radars ?

I thought I might have one but it turns out I don't. I must have SEEN one though I can't recall what note it might have been describing as it was years ago. Good Luck with this and keep us posted.

What did you end up doing ?

That bill on Ebay is a good example of this......#00000001....but only an AU-53 grade.

Still no bidders almost 3 months later.

For $500 bills....figure in the 50's grades you have to pay a total price (w/bp @ HA) of about 6-8x face value, low-to-mid $3's depending on how high in the 50's the grade is and other features (i.e., LGS vs. DGS). For 60's grades...figure a total cost of about 10-12x face value depending on how high and any special features.

Other Big Bill Sales (ex-bp): For $500 bills....an EF-45 sold for $2,400....a VF-35 sold for $1,700.. For $1,000 bills.....a VF-35 sold for $2,700.....another VF-35 sold for $2,900........a VF-30 for $2,700.

Check out real-live auctions like those on HA to see what is hot and approximate prices.

I will post more $500 and $1,000 bills from last night's HA auction later. But I remember mid-60's $500 bills going for about $3,500 or so back in 2019. Don't recall the prices for $1,000 bills.

I remember that article from the Greensheet that noted that during Covid many newcomers armed with $$$ were bidding on lower-quality bills (and coins) with everything else but online bidding shut down and nothing else to do. The article talked about the fact that the newcomers were getting sticker shock from gold and higher-priced coins and currency....but silver and lower-priced bills they were attracted to. Tonight I saw a 25-VF grade $500 bill go for $1,400 ($1,680 w/bp) which off the top of my head seems like a big increase from a few years ago. I thought low-graded $500's were $750-$900.....in the mid-60's they were closer to $3,000. Have to see what MS bills are selling for now; it appears prices have continued to rise in this niche sector.

2017 radar and repeater pair in 66 grade went for $60/$89 w/bp: