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GoldFinger1969
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Posts posted by GoldFinger1969
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On 4/29/2024 at 2:46 AM, Lance A D said:
I was going through my junk pile and I came across a bunch of radar and repeater $1 FRNs from the last 25 years or so (all crisp uncirculated, maybe 63-65s). I’m curious as to what these things are going for today. What does a typical radar go for? What does a typical super radar go for? What does a typical 4-digit [ABCD ABCD] repeater go for? Appreciate your input.
I'm gonna say $25-$60, depending on the condition and unqiueness of the numbers.
You see them auctioned EVERY WEEK ove at HA. Usually 1-2 dozen.
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KaileeS and other PMG Mods: the spammer continues to disrupt the boards, can you block their ID ?
https://boards.pmgnotes.com/forum/38-us-and-world-notes/
These "topics" have NOTHING to do with currency or bills.
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On 4/2/2024 at 5:49 PM, Fenntucky Mike said:
I disagree, 100 notes takes up much less space than 100 coins, you can by a mylar sleeve for a note which is damn near as good as a slab, and I don't think that notes are as susceptible to environmental conditions like humidity or hot and cold conditions as coins. I still think that there is a lot of high quality/dollar material out there but I could be sheltered a bit since I collect mainly world notes. High dollar U.S. notes could be closer to your assessment of most having been tagged and bagged.
If they are there, we should see some increases in coming years. The populations for rare bill types PLUS super-low SN AND/OR high-grade condition....is very low. So if you are right Mike -- and you could be
-- we should see creeping population bumps for these very rare bills in high-grades (even medium-grades).
Remember...for many of the recipients of GCs and large denomination bills...they were either businesses or wealthy individuals who NEVER thought about preserving a bill for financial gain because quite frankly they were already rich or a business with plenty of $$$. How many individuals really wanted a $5,000 bill 100 years ago with or without the GC label...and in great condition...and then could afford to "sit on it" and not use the actual FV ? Maybe a true collector with big $$$.
That's the good thing about being a coin collector back then...the FV's were much lower which meant you paid much less given many times the purchase price was just FV plus a nominal percentage.
A $1,000 or $5,000 bill cost at least that amount.....every $20 Double Eagle was probably buyable for < $50 in mint state with the exception of the MCMVII UHR (even the MCMVII HR !!!).
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On 4/2/2024 at 7:33 PM, Jogarced said:
hi thanks for your recommendation, I went ahead and sent that 2, with the serial #G30008000A to get graded it got graded as 65EPQ exceptional paper quality. next question does that grade add anything to the value?
Congrats....nice grade, EPQ is nice....I'm just not sure it adds much value since the bills are moderns and there are lots more like them. Best to check recent sales on HA, GC, or eBay.
Even Silver Certificates from pre-1960 with PMG-58 or PMG-60's are not that pricey solo....and a unique SN (but not a super-low SN) won't jump the price too much.
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On 4/2/2024 at 7:44 PM, Jogarced said:
Well i just wanted to update on my question. I sent the hundred in to graded, and its coming back to me graded at 45. the description US 2187-K2009A $100 Green (Ft. Worth) Rios Geithner FW Federal Reserve Note Dallas Binary Serial Number. Thanks for all the input, i really appreciated the feedback.
You said it had a crease, which we couldn't see from the pics. That's reminiscent of my PMG-45 $10 Gold Certificate which from pictures looks like it grades mid-60's but does have creases or folds which I can't see unless I really angle the light and the bill.
I guess you learned an inexpensive lesson: if YOU can see the crease or fold or blemishes....the graders will, too
. Had you known it was gonna grade in the 40's, you probably wouldn't have submitted it I guess.
Moral Of The Story: No matter how nice or crisp or fresh a bill from a teller or ATM machine....it is probably going to grade in the 40's, 50's at best.
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On 4/1/2024 at 6:47 AM, Fenntucky Mike said:
There is a lot of raw material out there and I tend to think that more and more "special" notes will continue to trickle out into the market, note collectors aren't as eager to have their collections slabbed either. If an adult cherrypicked notes pre '45 they've long since changed hands but the frequency at which they turn over is key, I would think that most notes of this type ended up in strong hands and only turn over every 10-20 years.?
But if it isn't "slabbed" how many of these people can correctly maintain their mint state bills over the decades ? It's more difficult IMO to properly preserve a bill than a coin.
We're almost 40 years since the creation of the 2 main TPGs....that's a long time...how many people have accumulated bills since then OR had one for years/decades before the TPGs and...despite having a very valuable piece of currency....never sold it or submitted it ? I would think very few. Maybe an uninformed heir or heiress who is independently wealthy and for whom even valuable coins or notes doesn't change their lifestyle. But for even those considered "noveau rich" back 40 years ago I have to think a $500 to $5,000 bill maybe with the GC status and/or a super-low SN....you're talking a 6-figure note if in pristine condition. That 'aint chump change !!
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On 4/2/2024 at 11:58 AM, Fenntucky Mike said:
This sucks! Looks like WBA was sold off to Stack's Bowers and that all current consignments will be sold through SB
I think this is bullish for buyers AND sellers....stronger hands with SB....shows long-term fundamentals intact.....WBA with SB attracts more buyers and gets more inventory.
See how it shakes out, Mike.
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Mike, how do you find pricing on ebay for your world/foreign bills and/or any U.S. currency you may have bought over the years ?
I find the initial asking prices way high -- sometimes they are flexible, but other times they trim by 10% when they need to trim by 30% to be competitive.
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On 3/29/2024 at 3:58 PM, Fenntucky Mike said:
I think you're underestimating the amount of high quality material out there not yet having seen the inside of a TPG. Hawaii 1$ SC notes with serial numbers under 100 that would grade between 65 & 67, ok, it may not a big number since there was only 35MM printed with only one set of block letters having been used starting with the number 1. I did a quick search over at HA and in their archive they list four different two digit Fr. 2300 having been sold and twenty five three digit serial numbers, the median grade, for those that were graded, was 64 with one 67 and two 66. A 67 three digit does seem to be a bit of a unicorn but I think for each three digit serial number or lower graded there is probably double, or more, either in collections or waiting to be found.
So the HA archive allows you to check by SN or Low SN in their search engine ? I don't think I knew that when I played around with it a while back.
Interesting, thanks Mike !
Yeah, The Unicorns -- multiple key traits -- makes it tougher. My point is....I don't think there are for the special bills -- Silver Certificate, Gold Certificate, Large Denominaton Bill, Large Denomination Gold Certificate, Hawaiian or North African bills, etc. -- both a low or super-low SN....AND....pristine graded condition...for lots of bills. A few, as you cited -- but not lots.
I also can't believe with the passage of time we haven't seen the super-low SN's and high grades come out of whoever had them and the inheritor then submitted them for grading. All these valuable bills came out before 1945....most before 1934....if an adult got 'em, they're dead by now and their kid/inheritor has to be pushing 90 or more....so again, they should be changing hands IF they exit once the owner passes on.
I do think today's modern bills (2000 and later ?) with super-low SN's (<10) are saved in high-graded condition even though I'm not sure they're worth lots of $$$. I think the high values for low-SN's of the past is precisely because most of the low-SN's were NOT saved and/or were not saved in HIGH graded condition.
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On 3/29/2024 at 1:31 PM, Fenntucky Mike said:
What do you consider a low serial number <100, <1000? For U.S. notes I could probably get on board with notes <100 being called low since we have eight digit serial numbers which is a lot for most countries.
I'd say under 100 because then you have six "zeros" in a row. Under 10 is definitely low by any standard, when 1 digit is your SN.
If there are other Hawaiian $1 notes like mine....and they are in my grade (67) or close to it (65 or more ?), I would doubt there are enough survivors/certifieds from the PMG data (figure PCGS doesn't materially impeach the results):
You can see that the population in my 67 grade is pretty narrow; even if you go down to 66 or even 65 you are talking a total of under 3,000 bills and most of those probably aren't even < 1,000 SN.
Didn'tt know that 8-digits (or more) isn't the case around the world, interesting.
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SN 00000086....not as low as my others but OK. I also have my Hawaiian note that is # 00000715 which is low for that bill and grade condition (67) but who knows how many are lower regardless of grade ? SN's aren't available from the databases.
You wonder if the super-low SN's (<10) are often 40's or 50's condition like you see for some of the large denomination GCs where the low SN's at the time of printing were simply not saved by collectors in mint condition.
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1928 Silver Certificate: Pretty nice bill; there are about 2,600 which have been graded 65 or higher. Just over 7,000 in total graded.
The note is also a double-quad....2 sets of 4 numbers in the serial number.
- Fenntucky Mike and Navaneeth
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On 3/27/2024 at 12:04 PM, Fenntucky Mike said:
I wonder how much that the note didn't "Q" affected the price? Looks like it used to be in a "Q" holder but then it was dropped after another round of grading. How could the consignor have obtained the note in a 2000 sale if the note was sold again in 2009. How many times has this person bought this note?
Boy, they must be really underwater on this note if the bought it for $1,100, sold it for $800, bought it back (at a higher amount than the $800 maybe), and sold it again for $600. 
Wait a second....at one time this bill had the PPQ or EPQ designation and LOST it ? And you think it was the same person buying this note over the last 24 years ?
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Unlike with coins, Mike, you don't have any "floor" with bills and metallic content. For instance, Saints are down from decades ago because back then even though the gold price was LOWER.... the premiums to the bullion price were insane (500-700%). So MS-65's sold for almost $4,000 !!
As you can see from my earlier post, the same bill was lower than earlier sales iin 2000 and 2009. It's also NOT too obscure a bill...and was in the widely-advertised HA auctions....so it's not like it just missed bidders selling on Ebay or some other obscure 2nd-rate sales place. Interesting, that's all I am saying.
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On 3/27/2024 at 6:27 AM, Fenntucky Mike said:
I generally agree with your points, especially the lower priced notes blowing away estimates, but I'm not sure I'm seeing the high end stuff missing estimates as much as you're describing.
Here's the one that sold for $1,100 back in 2000 and $805 in 2009 yet with bp last night only reached $660. Pretty cool SN of 00000400.
"Fancy Serial Number Fr. 1880-G $50 1929 Federal Reserve Bank Note. PCGS Very Choice New 64.
"The only low or fancy numbers listed by Oakes for the Chicago district $50 are numbers 200, 300 and 400, all of which were discovered as part of the Davenport, Iowa Bank & Trust Co. cash hoard. Our consignor obtained this in a 2000 sale, when it realized $1100. Expect it to bring more, perhaps considerably more, in this offering." This was our description when we sold this same note for $805 in our 2009 FUN sale from the Robert Moon Collection. At that time, it was housed in a PCGS Very Choice New 64PPQ holder."On 3/27/2024 at 6:27 AM, Fenntucky Mike said:I'll add that U.S. obsoletes have been bringing in strong money for the last year plus, most of these fall into your lower priced stuff range <$500 and seem to be growing in popularity.
What are "obsoletes" ?
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I have to study the auction results in detail and go over them more in-depth...but after watching a few dozen auctions last night besides stuff I considered bidding on, the following observations:
- Lower-priced stuff is attracting lots of bidders and stuff is going ABOVE the HA estimates. This stuff is affordable to folks with $50 - $500 or so.
- Higher-end stuff sells, but lots of stuff wasn't reaching the HA estimate. I saw some stuff like Gold Certificates and other special bills sell for under the HA estimates and in a few cases 30% or more BELOW what they sold for 15-20 years ago in some family auction of bills. Very surprised to see stuff not at least matching a sale from that long ago....there wasn't a bubble in currency that I know of, so you would think unless a bidding war broke out that today's sales should match/exceed prices from that long ago.
- Older GCs and SC's continue to get strong bidding in medium-to-low grades. Not my cup of tea but folks like these and other larger bills.
- $500 and $1,000 bills in medium and lower grades selling for 3-4x FV.....high-50's and mid-60's you have to pay up 5-7x.
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Heritage has weekly auctions for BOTH U.S. Currency and World Currency. Usually separate, if they have enough volume.
It's fun to watch the bidding even if you don't participate. Check the results to see market values for various bills.
Here's tonight's:
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On 3/26/2024 at 5:39 PM, Fenntucky Mike said:
PMG 66 notes seem to regularly sell for close to $150 on ebay, a 70 note might sell for over $500, maybe close to 1k.
Surprisingly there still seems to be demand for these things, I'm still holding out until the price drops. It's been several years now.
It's The Bizzaro Land....a worthless currency worth lots in pristine condition if graded and holdered.
Me Like Currency....me give you three $20's for a $10 !!!
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I corrected an acronym typo: I typed "SN" when I meant to type "SC" for Silver Certificate when talking about 3 traits. Just in case anybody copied SN and it carries over.
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On 3/26/2024 at 12:55 PM, Fenntucky Mike said:
The problem is that they should be as there seems to be lots of straps and bricks of them for sale on the internet. Most at ridiculous asking prices. This is probably one of the top five notes graded by PMG, if I had to guess.
I saw alot of them at FUN 2020 and they weren't cheap. I'm like....who the hell is buying these things ? I recall it wasn't like $50 or so for a 69 or 70 but closer to $200 I believe.
On 3/26/2024 at 12:55 PM, Fenntucky Mike said:I will give sellers a pat on the back for keeping the supply artificially low and demand up for these though. That's what it seems like to me at any rate.
Call the Justice Department, they have time to go after MSFT, GOOG, AAPL, etc.
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Surprisingly, those Trillion Dollar Zimbabwe notes aren't that cheap in Mint Condition !!
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Useful thread, should be back on the front page over the Spammers.
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Tallman, did you find anymore stuff ? What did you do with the bills and coins ?
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Good article....bringing it back for anybody who missed it...and also to push the SPAM off the 1st page.
A $1,000 or $5,000 bill cost at least that amount.....every $20 Double Eagle was probably buyable for < $50 in mint state with the exception of the MCMVII UHR (even the MCMVII HR !!!).
SPAM Alert for PMG Mods
in Ask PMG
Posted
Matt...they're back.
Abernathy.....Aaron Reed....Elizabeth 45...William W......Vitalik. They are all on the main US AND WORLD NOTES section.
There must be a reason why they keep showing up here and not in the coin sections.
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