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Fenntucky Mike

Member: Seasoned Veteran
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Journal Comments posted by Fenntucky Mike

  1. Since it seems PMG is now calling the perforated notes unissued and not specimen's, which I agree with, there is no need to try and get a new P# assigned for them. I'm not sure if this is a new development or if PMG went back to how they've labeled these in the past, could be that it was a mechanical error scenario run wild for a short time as well. I wish I had tried to get the perforated notes labeled as unissued and canceled when I sent mine in, with PMG mislabeling all those notes it just never crossed my mind. doh!

  2. Quote

    I have added an example for the Banco Colombiano from Guatemala to the Impossible Set also indicating that this bank requires much more research.

    The note is S121b, an example of the 1 peso issue, dated 17th April 1900 and my research so far posed a few questions. Earlier dates of 17th October 1879 and 5th April 1900 are also recorded, as is a Specimen issue, with most of the notes cancelled and not issued (S/N 59999 to 184998) suggesting a single print run.

    So far all of the examples I have seen are all of the 17th April 1900 issue with the lowest serial number I have recorded being 17929 and the highest being 56372, with maybe ~100 notes still in existence, hopefully more. First, these numbers suggest that the earlier dates were much smaller issues, and correspond to the lower serial numbers and second; there is a group between 41037 to 41085 (from my records) which seems to correspond to all of the high-grade examples known, and about half of the total examples, which suggests a hoard of these notes was discovered at some point.

    Any information on such a hoard would be much appreciated, as it seems to have been distributed quite some time ago with ungraded notes appearing singly at auctions across Europe and the US. The better notes all being submitted to PMG at different times and graded 63 to 66 with most receiving a 64 – as my example did.

    I wonder what surprises the higher denominations will hold?

    Interesting, the partial text on the righthand side of the face is similar to some of the bonds where tickets have been cut from the main body. Was this part of a larger bond and/or were there tickets attached to it at one point? Did the note receive the EPQ designation? A beauty of a note as well!

  3. +41 = 5,706

    2 Hryven +3

    5 Hryven +4

    20 Hryven +7

    50 Hryven +4

    100 Hryven +3

    200 Hryven +1

    1000 Hryven +5

    100 Karbovantsiv +2

    200 Karbowanez +2

    500 Karbowanez +1

    50 Shahiv +2

    10 Shahiv +2

    20 Shahiv +2

    30 Shahiv +4

    40 Shahiv +2

    Interesting that some postage-stamp notes were submitted. Some additional corrections must have been made during the week by PMG, that's why the notes don't add up to 41.

  4. +115 = 5,435

    2 Hryven +3

    5 Hryven +8

    10 Hryven +15

    20 Hryven +21

    50 Hryven +5

    100 Hryven +15

    200 Hryven +6

    500 Hryven +3

    1000 Hryven +1

    2000 Hryven +8

    2 Hryvni +1

    1 Hryvnia +5

    1 Karbovanets +1

    10 Karbovantsiv +3

    100 Karbovantsiv +3

    1000 Karbovantsiv +3

    5000 Karbovantsiv +2

    10,000 Karbovantsiv +2

    1 Karbowanez +1

    20 Karbowanez +3

    100 Karbowanez +1

    100,000 Karbovantsiv +1

    20,000 Karbovantsiv +2

    50,000 Karbovantsiv +1

    1,050,000 Karbovantsiv +1

  5. On 8/14/2023 at 1:34 AM, VE Coins said:

    Very cool notes, I looked at the auction listing for the 5 chervontsiv and you weren't kidding about uber rare, I wonder how many of those survive when the pmg population is only 3? I have kind of been in the same boat lately, mostly buying notes for other sets or coins and nothing too exciting has come up lately.

    I'm wondering if the 5 Chervontsiv will receive any bids? That is a pretty high starting price. :fear:

    Definitely been the dog days of summer for me, as far as my collections go. zzz

  6. On 8/16/2023 at 3:53 AM, ColonialCoinsUK said:

    Now that your Ukraine collection is very well advanced, and to keep adding things, you just need to include all the former Soviet states, the balkans etc etclol

    Ha! I've already started down that path, way ahead of you. :insane:

    On 8/16/2023 at 3:53 AM, ColonialCoinsUK said:

    It is not just modern notes which are attracting high prices. Stack's Bowers have just had (14th August) a spectacular collection of Latin American notes up for auction including quite a few notes which are unrecorded and/or are the only known example. It just means my 'Impossible Set' is well-named and some people have more money than sense:roflmao:Having said that quite a few didn't sell as the starting prices were very high,  of the 8 lots that I thought may be possible, 2 went for amazing prices, 2 went for high prices and 4 didn't sell so it will be no surprise that I came away with nothing:(.

    A shortly held theory of mine, shared by many no doubt, is that people have been priced out of coins and migrated over to notes. Overall notes are going strong for the most part but I've noticed some softening in the coin market where I collect. I expect a slow downward trend for both notes and coins is on the horizon. (shrug)

    On 8/16/2023 at 3:53 AM, ColonialCoinsUK said:

    Great update - there seems to be alot of modern specimen notes (and proofs/trials etc) around at the moment so it wouldn't surprise me if some dealers/collectors have started to add these. High grade issued notes, particularly already graded examples, seem to be much more difficult to find even for ones that are only a few years old.???

    This seems to be the case for some notes/countries, quality issued notes are of limited supply and currently being held in collections, and sellers turning to the next best, available, thing. 

    On 8/16/2023 at 3:53 AM, ColonialCoinsUK said:

    I had asked PMG about BB numbers and they said they are looking into it - they already use specialist catalogue numbers for some countries in addition to Pick numbers so it shouldn't be that difficult to do(?). As you say Pick numbers for new issues is a major problem, not to mention all the errors and incomplete data for earlier issues means that they will probably have to use the Banknote Book at some point, not perfect either but much much better:bigsmile:.

    The BB only catalogs moderns correct? At least that's the case for Ukraine as far as I know, and if true for all countries the BB would only be a viable replacement for moderns. I've read Owen mention once or twice that they were in contact with PMG but that was awhile ago, I'm not sure if any headway is being made but I hope so. I think one of the possible stumbling blocks is all of the graded notes by PMG that have "mechanical errors" or that wouldn't align with the BB system. The PMG registry is a reflection of what has been graded, mechanical error or not, and to draw a line in the sand and start labeling some notes differently than the have been in the past because the P# doesn't align with the BB#, or the P# being wrong, etc. would completely screw up the registries even more than they are currently. I have a feeling that is a topic of discussion. 

  7. Lots of interesting things going on this week in the pop report. If the Pop Report is correct there have been 223 grading events for the 2023 commemorative 20 Hryven banknote, way more supply than demand IMO for this note, still no 70s and only two 69s and forty 68s. Another P#35c was recorded in the Pop Report, bringing the total to five (35c was not included in the last SCWPM volume). It's also not looking good for my attempt to get the perforated and red-overprint 50 & 100 Hryven specimen banknotes of 1992 assigned separate Pick #'s as opposed to sharing the same as I see my submission in the Pop Report now and it looks like they lumped them together. Seems pretty ridiculous to continue to do so but I expect it's an attempt to save face as there are several of each variety currently in PMG holders with identical P#'s, or maybe there is a more legitimate reason that I don't know about. (shrug)

    +115 = 5,263

    2 Hryven +2

    5 Hryven +1

    10 Hryven +1

    20 Hryven +58

    50 Hryven +7

    100 Hryven +7

    200 Hryven +2

    500 Hryven +10

    1000 Hryven +1

    1 Hryvnia +1

    10 Karbovantsiv +1

    50 Karbovantsiv +1

    100 Karbovantsiv +5

    1000 Karbovantsiv +13

    10,000 Karbovantsiv +1

    2 Karbowanez -1

    5 Karbowanez +1

    10 Karbowanez +2

    20 Karbowanez +1

    200 Karbovantsiv +1

  8. The biggest addition to my very small collection of Mexican notes is this 1950, 5 pesos uniface proof of the face. I always wanted a 5 pesos "gypsy' note, and although they are readily available for little money I wanted something with impact, a story to tell, and I've been dragging my feet for several years on picking up an example. I came across this piece and it was love at first sight, but I held my ground and bartered a little with the seller and got the price down to a level where I just couldn't pass this up. Maybe one day I'll come across a back proof but the face is the more desirable side IMO, I'm not at all disappointed that I don't have a pair and I love this note!

    image.thumb.png.04472e82b954bb8676e9906a6ebf58e5.png

    This note was surprisingly difficult to scan and this image is the best I could do so far. For some reason the scan has been creating a "washout" effect, wiping out some of the detail in the note and paper like the plate impressions, alignment marks and annotations. :pullhair: Needless to say, it is more impressive in person.