Fenntucky Mike

On 10/3/2020 at 12:27 PM, Revenant said:

I think its probably buyers remorse and hoping to get out of it without losing their but... I don't see it working out for them.

I think you're right, no takers on that $5 70EPQ at $995

I'd be feeling BIG TIME buyers remorse if I was the person who bought the first one. 

4 hours ago, Revenant said:

Ha! You actually thought about it? I guess the bug has bit you bad with this set!  

You could say that. I thought about that 69 for quite awhile, I've been watching it for at least 3 weeks. I hated not having this set complete, all those notes popping up everyday and a pocket full of ebay bucks.... I couldn't take it any more , I wanted to finish the set. Now that I have those holes filled, I'll probably never think about that 69 again. Well not as much anyway.

10 hours ago, Revenant said:

BTW, I'm pretty sure you bought something I was watching and considering. So this clearly means war! Later... After I'm done with other areas of focus and after I figure out what my wife bought for my birthday in 2 weeks. Lol 

Ha, if it was that $20 66EPQ then yep that was me. I was looking at a 69 $5 and I just couldn't justify the price, even with my eBay Bucks to offset some of the cost. I figured it was better just to go with a lower grade and kill two birds with one stone, in the end I'm just looking for some quality examples. 

Like you said the odds of these increasing in value is not good. If there were like 25 registry sets I might have been willing to take a gamble on the 69 as an investment but right now it's only you and soon to be me.

21 hours ago, Revenant said:

So you have me somewhat curious because at this point you have to have a $2 and $10 note in your possession but you aren't listing them yet. What you up to, Mike!?! Lol

Ha. I'm just dragging my feet on getting them into the registry. I got kind of side tracked with Isle of Man coinage, so I've been spending my time on that. I'm kind of shifting back to banknotes again so I'll probably get the set started on PMG this week, maybe next. I have the $2, $5 and $10 in 68 I've been waiting for a $20 but just haven't seen one in the grade I'm looking for, I was kind of waiting to get the $20 so that, BAM, I could just post them all at once. We'll see, I just used my eBay Bucks to get the $5 Bond note.

On 9/15/2020 at 7:50 AM, Revenant said:

Well, 1) The sellers should have never put these up for sale at the same time. That's immediately toxic for the selling price of something that depends on supposed rarity. 2) I've long thought that the $5 probably had two people put in sniper bids higher than they were expecting thinking there wouldn't be another bid that high. I would not be surprised if there was some buyers remorse there.

You've probably already seen this but another $5 70 EPQ is for sale on eBay, starting price $955.55. I'm watching it, let's see if it sells. I'm suspecting bigtime buyers remorse for the person who bought the last one. Apparently getting a 70 is no big deal with these notes. The new notes are still not listed in the population reports

If this note sells for that price or higher, then I have to conclude that there was something going on with the $2 listings. I don't know what else it could be, we'll see.

On 8/15/2020 at 8:58 AM, ddr70 said:

I was a bit reluctant to give my grade, but I'm comforted by the fact that no one from PMG seems to read these journals--and I kinda trust their grading process.

Awesome! glad I didn't jinx you on the grade.

19 hours ago, ddr70 said:

check out the bank sheet number!

LOL, nice find.

7 hours ago, Revenant said:

I have 1 69 EPQ in my 3rd dollar set. Its the highest grade I have.

I agree that a 70 set would be killer. It might be achievable on a short set like that. Someone might be working on it, but I don't think I could ever pay that and feel good about it short of winning the Mega millions.

The second 70EPQ $2 sold for $399.99 (same price as the first $2 70) with one bid, significantly less than the $5. This has me scratching my head, I don't get why the $5 would sell for that much more. I feel like there is something going on with the sellers listings, seems like they are not showing up in searches very well.

Yep, I just can't bring myself to spend close to those amounts for a 70, at least for these notes. I have a hard time believing these (if a person was purchasing for an investment) will appreciate in value. If people are buying because they enjoy the notes and have that level of disposable income, then more power to them. Hope to see these in the registry some day.

1 hour ago, Revenant said:

A vigintillion is a 1 followed by 120 zeros

I've seen that one, I did a double take, said "No WAY", and moved on. The gold foil took me a minute before I came to my senses. I would consider picking up one of each, if the price was right, to add to my collection. For sure. I forgot about those, thanks for posting them.

The Zimbabwe Million, Billion and Trillion dollars notes are some of my favorites to pick up in circulated condition. If I find a 10 pack of any of them, for a buck a piece, I'll pick them up and hand them out (Halloween maybe) or leave one with the tip.

Anyone else have some "Fantasy Issues" ,in their collections? Feel free to post'em. This might be a good discussion for the chat boards (If anyone was there).

4 hours ago, Revenant said:

These one-use, cancelled items are interesting but they tend to not be a pretty as the notes.

100% agree, but they tend to have more of a story behind them, I think, especially if they were used. Ugly or not, this one is part of the set (which I agree with) and I'll add it in one day. I tend to be a bit over the top with my collecting habits, I'll try to add as many (what I think are relevant) items to the sets as possible, even if it is just for my personal collection/s at home. I can really get carried away sometimes with varieties or related items to add to my collections, making them more complete in my mind (telling a broader tale).

I was actually doing some research on a set of items I bought last year to supplement my Ukrainian banknotes. I wasn't going to post them but now that I'm thinking about it they may be worth a journal entry. To Be Continued.....

12 hours ago, Revenant said:

I don't know if I can be any help on which is best but that's an interesting bit of history to be sure.

Ultimately you'll have to get it from PMG but given that they are government issues I wouldn't be surprised if PMG would encapsulate them.

No problem, just looking for people's best guesses. In the end it's up to me to pick one. After looking at the images again, I really don't like the margins, left margin on the obverse in particular, on #1935283. I'm pretty much ruling that one out of contention unless I or someone else sees any issues with the other notes.

It sounds like they are loosening the reigns in regards to what they will and will not grade. It has a Pick # and is in the registry so I figure the odds are good. 

I pulled the trigger on a couple of "cashed" Certificates yesterday. Remainders are fine but nothing like having a legitimate "note", a little piece of history.

Hmmm, after studying the images myself, I probably should have used a black or darker background. Next time.

1 hour ago, Revenant said:

"It's dead, Jim."

Damn It Jim! I'm a doctor not an economist! (Probably a true statement being uttered in the halls of the Zimbabwe government.)

Now I'm going to be thinking of scenarios on how the crew of the good ship Enterprise would fix this situation. Go back in time, directly meddle with the history of the planet, defeat a semi-gelatinous beast and mind meld with it, or fall arse backwards onto a pile of USD's hidden under the balancing rocks after destroying them in a phaser fight. All the while schmoozing with the locals, and ahem.....

2 hours ago, Revenant said:

Prior to this, the country had already started paying mine workers in US dollars

That's where it started for me, where I first read about the new ZWD and how the government/local officials and companies were already undermining it or knew from the get go that it would not last.

Excellent write up  that really puts a bow on it to date. Can't wait to see the rest, even though we all know how this chapter is going to end. I can't look away.

10 hours ago, Revenant said:

The gas coupons??? I don't know... I don't know if they were ever grading thsoe.

Hmm, I would think they would if someone sent them in. They were issued by the RBZ so that should make them legit enough and I've seen similar items graded from other countries. PMG likes to make money so I'm sure they'd stick them in a holder if someone felt the need to get one graded. 

Side note: I read a short article in World Coin News and it looks like the life expectancy of the new ZWD will be shorter than predicted. It seems that the government is currently misstepping its way into another economic collapse. Let's see, they shut down the Stock Exchange last month, are paying civil servants in foreign currencies effectively re-dollarizing the economy, banning all mobile wallets/transactions and all the while reassuring people that the ZWD is still legal tender and to exchange all other foreign currency for it (after you just paid me with foreign currency, uhmm NO.). Looks like we can stick a fork in the new ZWD, at least at these denominations. I think they just go back to the USD or ZAR.

Quote

When I’d asked about these previously PMG had indicated that they weren’t currently grading these

This has me wondering.... Do you think PMG will start grading the Cargill Checks and the gas coupons?

I assuming that PMG was not grading these at some point as well, similar to the Traveller's Cheques, since there are no registry sets listed.

10 hours ago, Revenant said:

I'd gotten my hopes up that I could walk away with it for $25 + tax + shipping

That's what I thought was going to happen, there was no activity on that note.

10 hours ago, Revenant said:

Well, at this point you've definitely looked into this aspect of it and these notes than I have. I may steal some of this for later.

All yours, might want to double check the info. People weren't exactly lining up by my desk in school to see what my answers were. 

I'm not sure what "ZIMBANK WASTE" is referring to on the stamp. Hmmmm, It's dated before the "PAID" stamp, might have to look around later.

Nice to see that P15 ended up with you and not at a bad price either (I think).

I was board so I did a little research into the stamps on your P15, and it looks like it was endorsed and paid out at the Chisipite Branch located at 2 Hind House in a Shopping Center on the north side of Harare. The endorsement stamp is a little unique from stamps on other Travellers Cheques in that it has those two arches in the center and the ink mark above from the stamp pad, possibly unique to the person who stamped it. I've been looking around and have only seen one other Cheque (another P15) with that stamp used out of a few hundred I viewed. Kind of fun to think about if the stamp used and branch where it was cashed are rare, not that it really means anything or increases value.

I'll be interested to see the back of it when you post it, more often than not the back will be endorsed with signatures, addresses, phone numbers, typing from when it was ran through the register and/or stamped, but the other Cheque cashed at this branch (that I've seen) had no other markings on the reverse, which would make it slightly out of the norm in general for this series.

Great note, I like it. 

Haha, awesome! 

Glad they included the Bond Notes, that made the most sense to me as well.

Enjoy the #1 set while it lasts. JK. When I do enter my set, in the descriptions I'm just going to write **See the Pittman Family Zimbabwe Dollars Reborn set for descriptions.**, I'll never be able to top them.

Nice to see they fixed the typo in the Set Type description, although Royal Bank of Zimbabwe does have a nice ring to it.

34 minutes ago, Revenant said:

5 months ago the first dollar notes could go up for auction at these prices in auctions and no one would bid or I'd just win them unopposed. Lately a few people have emerged that are showing some strong, consistent interest in the 1st dollar notes and there are more and more battles over some of them it seems.

Yeah, the price jump on the first series helped push me towards the newest dollar series as my next set to collect. But I still like them and will revisit the possibility of starting a set of first series dollars. For now I'll just keep my eye on them and hopefully they'll drop in price a little. The new series and the first series (Picks 1-4) just seem to fit so well together (as you already mentioned) with the animal designs, the triangular design element on the front, the I'm going to call it a "checker board" background for now (on both sides), along with the man made "wonders" on the reverse and the balancing rocks on the front. The two series just complement each other nicely.

20 minutes ago, Revenant said:

This set is so dang huge

Yes it is, another reason to not get that involved with it at the moment. Along with the Ukrainian series is also gigantic and that is going to be my primary focus for the near future. In my mind I need to be at least 75% complete with that series before I get serious about another one.

4 minutes ago, Revenant said:

I miss the days when I picked up a P-5 variety in 67 EPQ (top pop) for $7.50 because no one fought me for it.

Nice.

Might be the time to sell duplicates. 

23 minutes ago, Revenant said:

I was hoping to go for a P-3 $10 note ending today but the bidding has gotten too steep. I think I'll wait for now.

I'm watching that one as well, not to bid on but just to see where it ends up. I like staying up to date on the first series sell prices, especially since they seem to be coming out of the woodwork. Yeah, that's getting a little steep and with 13 watching and a few hours left it'll probably jump up a lot more.

There was a seller out of Canada that had a few of the $10 notes for sale, some at 67 and at least one at 68. It was a little weird, one of those auctions that just pops up out of nowhere and only lasts 2 days, anyway they had respectable starting bids of under $35 (shipping was cheap as well) if I remember correctly and no one bid on them.  I want to say there was a $20 note from the same seller but I can't remember for sure. Almost seems like the $10 and $20 notes are not getting the same attention as the $2 and $5. The $2 and $5 seem to be holding strong at around $40 - $50 for examples in 68.

Great note, love those NBN value back's. Let us know how she grades. Do you think it will grade VF and/or receive an EPQ designation?

11 minutes ago, Revenant said:

Again, I'm good with my 67 EPQ. I actually won the auction for that 67 EPQ $10 note at 4:30 AM - bidding unopposed for $28.99 (about $37 all in after shipping and taxes).

Nice, I was watching that one as well. 

I'd like to get the new series in 68's, I'm keeping my eyes on few Zimbabwe auctions. Only problem is there a several Ukrainian notes I'm going to be bidding on and I'm just going to have to wait before bidding on any Zimbabwe new series notes.

Are you *spooning* me, $1,026 unbelievable!

It'll be hilarious when a second one gets posted in a few days.