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Fenntucky Mike

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Posts posted by Fenntucky Mike

  1. On 4/22/2024 at 11:47 AM, JGGLAD said:

    Here are the other two I could not fit there.

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    On 4/22/2024 at 11:48 AM, JGGLAD said:

    I guess the first three did not go thru. Here they are

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    I'm not seeing anything worth over $100 imo, or at least right around there. They all seem to be fairly common notes, well, notes from FRB's that come up for sale with some frequency, and are in heavily circulated condition, and that paper clip stain really puts a hurting on their value. 

  2. On 4/21/2024 at 5:56 PM, Dawn B said:

    I have a $5 I had for over 30 years with no seal or serial numbers. I saw a forum on here from 2006 about another $5. But I can't figure out how to post to it.

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    Hello, welcome to the forum.

    I see what looks like blotchiness on the note, makes me wonder if the seal and serial numbers weren't removed on purpose or due to other factors. The other odd thing is that both seals and serial numbers are applied at the same time during the third printing, that you have the left seal and four "5's" makes me suspicious as well. This is not a note that I would purchase site unseen, online, unless it was authenticated by a TPG or it was a screaming deal with little to no risk.

    If it was authenticated as a missing or obstructed print error the value would be around a few hundred dollars.

  3. To get top dollar your best bet is to probably sell through an auction house depending on what the collection consists of. Auction houses will charge a fee per item to sell them but the fee is probably less than the discount you would have to take to sell them to a dealer. Of course some people don't want to go through the long process of selling a collection via auction and even though they sell the collection at a discount to a dealer the seller still comes out way ahead sometimes due to the prices they paid when purchasing the notes and the length of time they held them. 

  4. On 4/17/2024 at 1:08 PM, Joe Evan said:

    Could you please send me the way to verify by serial number?

    What you're looking for doesn't exist as far as I know and if it did it is definitely not available to the general public. You can try contacting PMG directly to see if they can provide the information you're looking for but if I remember correctly I believe I read that PMG does not keep a record of serial numbers that have been graded. Let us know if PMG was able to help you. Good luck.

  5. On 4/14/2024 at 7:59 PM, Oolong said:

    I recently got these off of auction. While I was only interested in the Cambodian note, the Congo notes are very cool to see in person.

    For those more experienced than I, would it be worth it to try and unmount these notes? Should I try and find a professional or is this something I can do on my own with little risk of damaging the notes? If I do unmount them, I would intend to submit them for grading. Another question, would these be considered proofs? When I was originally bidding, I thought I was bidding on 3 notes that had been previously mounted. (Not 6 mounted notes, where only one side was printed).

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    Welcome to the forum.

    I don't know the value of such notes but having a professional remove them may not be worth the expense, if the price tag for these is relatively low I would maybe try removing them myself. If removed from the mounting PMG will most likely label them as specimens with the annotation of having been previously mounted. Uniface specimens are not all that uncommon and since yours are all either perforated or overprinted with the word specimen I think there is little doubt that PMG would label them as such. If removed successfully there will always be evidence/signs on the note that it was previously mounted whether you do it yourself or have a professional do it. 

    If the notes were successfully removed from the mounting and sent to PMG I would consider paying a little extra to have them encapsulated in a dual holder to keep the two halves together. 

  6. On 4/14/2024 at 12:15 AM, Sam Moss said:

    I have a $20 bill that has different fonts for the serial numbers. Is it worth anything?

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    The fonts are the same, just more ink on the right side number. Well within BEP tolerances and no added value.

  7. On 4/13/2024 at 2:23 AM, Lance A D said:

    Mike,  what is the website for the HA archives?  I think that info could be quite useful.  Thanx.

    https://www.ha.com/ 

    Just type the description of your note in the search bar and scroll to the bottom of the results to find the past auction results, you'll have to click on the "View All Matches" button.

    Heritage Auctions is just one of many auction houses to search and find notes sold and prices realized.

  8. I'd call it a scarce note. I took a look over at the HA archives and several have been sold through them over the years, most recent in 2019. 

    Take the PMG population reports with a grain of salt, they are not necessarily a reflection of what is actually out in the wild. Quite the opposite sometimes. 

  9. 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?

    As GoldFinger has said, the best place to determine the note's value would be to check recent sales of the same note in the same grade. Based on a quick search I'd estimate the value to be around $20USD, if you're luck you'll find someone who falls in love with the serial number and pays a bit more. 

     

  10. On 4/2/2024 at 2:08 PM, GoldFinger1969 said:

    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.

    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. 

    On 4/2/2024 at 2:08 PM, GoldFinger1969 said:

    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 !! xD

    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. 

  11. On 4/2/2024 at 1:11 PM, GoldFinger1969 said:

    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.(thumbsu

    Bullish for buyers and sellers of high $ notes maybe but I fail to see how it would benefit people in the <$500 range. My prediction would be more high end material becomes available via SB and low end stuff is listed with too high an opening bid and/or gets lumped into multiple note lots that only resellers would typically want or pay a premium for. It was already shifting that way over at SB, now it will be worse. Guess we'll see. (shrug)

    There are still plenty of small auction houses for me to bid on notes at, in addition to the biggies where I'll grab one or two notes a year. WBA was just a nice little auction house in the U.S. that sold world notes where you didn't have to setup wire transfers if you didn't want to, everything arrived in less than a week normally, and they had a real good selection. I'll miss it. 

  12. This sucks! Looks like WBA was sold off to Stack's Bowers and that all current consignments will be sold through SB. I imagine that WBA will stay open for a short time to continue to accept consignments but will eventually be shut down. Too bad, WBA always had a nice selection and a wide range of notes, low end and high end, you could usually pick up notes from time to time at reasonable prices. I have a feeling prices realized are going to go up now that everything is going to SB and that selection will be down. Maybe they'll keep WBA auctions going with notes at the lower end of the price scale. (shrug) There is still plenty of smaller auction houses to shop at, just disappointing since WBA usually had decent material.

    upcoming auctions | consign | stacksbowers.com 
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    Stack’s Bowers Galleries, a global leader in numismatic auctions, proudly announces its acquisition of substantially all the assets of World Banknote Auctions. This strategic move sees the integration of World Banknote Auctions founder Dennis Hengeveld, a renowned authority in rare paper money and world coins, into Stack’s Bowers Galleries’ distinguished team of specialists.

    “Under the leadership of Dennis Hengeveld, World Banknote Auctions has achieved remarkable growth, with total auction prices realized surpassing $7 million in 2023,” said Brian Kendrella, President of Stack’s Bowers Galleries. “The acquisition of World Banknote Auctions and the addition of Dennis to our team underscores our dedication to the rare paper money category. Not only does it expand our offerings of rare notes for auction, but it also brings aboard one of the foremost paper money authorities and numismatic entrepreneurs, enhancing our roster of prominent experts.”

    “I am thrilled to unite with Stack’s Bowers Galleries and lend my expertise in banknote collecting to their esteemed brand,” said Dennis Hengeveld, President at World Banknote Auctions. “Together, we will continue to provide collectors with access to the finest paper money from around the globe, while upholding the high standards of integrity and professionalism for which Stack’s Bowers Galleries is renowned.”

    “In just the past three years, our banknote offerings have nearly tripled,” said Aris Maragoudakis, the firm’s Director of World Currency. “With the addition of Dennis and World Banknote Auctions, I anticipate our rapid growth to persist, offering collectors expanded access to rare currency and expertise, and further cementing our position as the premier auction house for high-end material.”

    All current consignments to World Banknote Auctions will be offered in future Stack’s Bowers Galleries auctions. 

    Mr. Hengeveld will operate from Stack’s Bowers Galleries’ new Sacramento, California offices and can be contacted at Dennis@StacksBowers.com.

    This acquisition follows the recent announcement of the sale of the L. E. Bruun Collection by Stack’s Bowers Galleries, featuring a significant Scandinavian banknote collection and one of the most remarkable world coin collections that exists today. Additionally, the banknote department will be showcasing collections from Eric Agnew, Al Kugel, John E. Sandrock and others later in 2024.

    For information regarding Stack’s Bowers Galleries auctions or to learn more about consigning to an upcoming sale contact the firm at 800-458-4646 or Info@StacksBowers.com.
     
     
  13. On 3/30/2024 at 2:45 AM, GoldFinger1969 said:

    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. 

    Not that I know of, I searched for Fr. 2300 low serial number and looked at each note and checked off all the low serial numbers. I probably missed a few notes using a narrow search description like that but it's good enough to get a general idea of availability for low serial numbers. 

    On 3/30/2024 at 2:45 AM, GoldFinger1969 said:

    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.

    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.? I also don't think that when someone is handed down a note from a relative that they start seeing dollar signs where with coins every circulated Morgan and Peace dollar is perceived as being valuable. 

    On 3/30/2024 at 2:45 AM, GoldFinger1969 said:

    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.

    I agree, but I would say 1960 and later low SN notes in high grades are encountered with some frequency. The sell prices, for modern true low serial number notes <10 are strong. 

  14. On 3/31/2024 at 9:18 PM, GoldFinger1969 said:

    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.

    Pricing on ebay is what it has always been, there are some scammers on there hoping for someone to come along and pay an exorbitant price and some good sellers who price notes fairly and are willing to work with you. For the most part, I find that there are plenty of fairly priced world notes on ebay and a lot of auctions starting a 99¢. I imagine that there is a proliferation of bad sellers with U.S. notes just hoping for the right sucker to show up on their doorstep. 

    I rarely pickup a note at BIN prices unless it is a low cost note <$40 or I know it is a good deal or fairly priced based on past sales, I would say 80% or more of my notes were bought at auction or the seller accepted an offer I made on a note. I pick up more raw notes from BIN lots than graded notes and I shop auctions throughout the world not just ebay, HA, or SB.