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Fenntucky Mike

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Everything posted by Fenntucky Mike

  1. Just got this one not too long ago, some great looking ink from the Franklin Bank Note Co.
  2. The primary background color is usually a dingy brown-grey-green, finding one with a very pronounced blue is a real treat. The blue-green background on the previous 100 Karbovantsiv note I posted is a great look as well! I'm a little torn between the two as the darker brown overprint on the first note really makes the boarder and interior design elements pop, but masks some of the finer details such as the rays and floral design above the Cossack in wreath, and the floral designs upon which the left and right numerical denominations are located. The first note with blue-green background is the better overall note but this one is just a gorgeous looking note to look at, glad I have both. This note is P#38a, the previous was P#38b which could explain the ink variation.
  3. UPDATE: The 2 Karbowanez graded 53 by PMG sold for $2040 at HA yesterday. The same note was offered raw in Jan of 2021 with an opening bid of $2500, it was passed on at that time.
  4. I'd love to come up with a reason to keep it but I'd say this is a spender. Of course I do have several "spenders" in my collection but keep them under the guise of a rainy day fund. So... If you like it keep it.
  5. I'd be better to ask over at the NGC Forum as you'll get more responses but if you want to post it here as well I doubt anyone will care. I'd take a look at any rate, either here or at NGC. Link to NGC forum below. https://boards.ngccoin.com/forum/6-us-world-and-ancient-coins/
  6. +9 = 3,687 20 Hryven +1 50 Hryven +1 100 Hryven +1 200 Hryven +2 1000 Hryven +1 100 Karbovantsiv +1 5 Karbowanez +1 20 Karbowanez +1
  7. The note itself is common but a missing third printing error is unusual. If I was going to guess I'd say it could sell in the low to mid three figures, possibly higher on a really good day at auction. The condition of the note holds it down and I suspect it would receive a "NET" designation if graded. As far as it being worth it to have this note authenticated I would lean yes, just to verify it is an actual error which will help with selling (if that's what you want to do), and if you had other notes to send with it to keep cost down. I don't see any obvious signs of tampering but without seeing the note in hand it's hard to say.
  8. Fr. 2133 I'd recommend getting the latest edition of Friedberg which came out earlier this year, it's the 22nd edition.
  9. Definitely an interesting story, and of recent vintage. I'm not sure when the last time one of the notes was auctioned, you'd think that some of these would have been put up with the crazy prices being realized for high denomination notes. It probably go for mid six figures now. I'd love a chance to get a look at one.
  10. The only Binion notes that I know of are the $10k notes that made up the display at the entrance of the casino, I've not heard of any notes from his hoard, I thought that was all silver. I never saw the display/notes in person, just pics.
  11. All of the 11k number range binaries, except for 0011000 & 0011111.
  12. On Oct 4th, 2022 the Governor of the National Bank of Ukraine, Kyrylo Shevchenko, submitted, to Ukrainian President Zelenskyi, his letter of resignation siting health issues. Shevchenko has headed the country's Central Bank since July 16, 2020 when he was tapped by Zelenskyi and appointed by the Verkhovna Rada of Ukraine. In the past 27 months Ukraine has issued new circulating banknotes in all denominations with his signature, as well as commemorative notes in all denominations of the 30th Anniversary of Ukraine's Independence with his signature, plus the upcoming, 500 Hryven, 300th Anniversary of Hryhoriy Skovoroda's birth commemorative banknote, also with his signature. In his brief tenure as head of the NBU, Shevchenko has sought to modernize the banking system and bring Ukraine more inline with international standards and regulations, he has also overseen the NBU over one of its most volatile times since the country gained independence in 1991, the Russian invasion in February of this year and subsequent war, which is still raging. Shortly after Shevchenko submitted his resignation the Verkhovna Rada approved, on October 6th, resolution No. 8104 dismissing Shevchenko's from all duties, his effectiveness as Head of the NBU will be scrutinized and debated in the years to come but his legacy will forever live on with the 13 banknotes that his signature resides upon. A new Governor of the NBU has already been appointed, Andriy Pyshnyi, who was nominated by Zelenskyi on Oct 7th and appointed by the Verkhovna Rada the same day, making him the 12th Governor of the NBU since Ukraine's Independence in 1991. Pyshnyi promised to continue "ensuring that the central bank remains an independent regulator with strong institutional capacity.", along with focusing on "macroeconomic stability" in the short term. He will also have the monumental tasks of ensuring that the banking system in Ukraine continues to run in a smooth uninterrupted manner during wartime and securing the needed international funding and support from the IMF, U.S. and others for reconstruction and recovery after the war and acceptance into the EU. The schedule for the next production run of banknotes is not known at this time but when they are printed, Pyshnyi's signature will most likely be on them. I suspect it is to late to alter or have new plates made for the scheduled 500 Hryven Skovoroda and 20 Hryven "WE WILL NOT FORGET! WE WILL NOT FORGIVE!" commemorative banknotes slated for December but we'll see what happens. I have crossed paths with some 2022 commemorative Skovoroda notes being offered but have yet to see an official press release from the NBU on the subject so I can't confirm their authenticity at this time. Buyer beware.
  13. +15 = 3,678 10 Hryven +2 20 Hryven +3 50 Hryven +3 100 Hryven +2 1000 Hryven +1 1 Hryvnia +1 5000 Karbovantsiv +1 1,000,000 Karbovantsiv +1 20 Karbowanez +1
  14. Thanks! I've been keeping an eye on some of those Czech notes over the past few weeks and have been drooling on my computer screen. There are some real beauties out there, hope you get to add more than a few to your collection. That is pretty much the strategy I go with as well. The moderns I can usually just wait and pick up what I want, in the grade I want, as they come out. Saves me the hassle and expense of trying to get a high grade modern note, it's just a better way to go if you're patient. Most of the older notes don't live in TPG holders and the ones that do are way expensive, raw is definitely the better way to go on those for the most part. Just sent off a second submission about a month ago now, just waiting for the results now.
  15. I had forgot to mention that but yes, I agree! A registry effect and perhaps a broader acceptance of graded notes in Europe? Or Americans finding graded banknotes wherever they can and European auction houses placating/acquiescing? Probably a little of both. I also think that European collectors are WAY more into varieties than U.S. collectors and TPG's think, they may not be on equal ground but the appetite for varieties is there and is not even close to being sated. I can only wait and see if there is a crash at this point, if prices continue to rise I'm afraid that the truly rare notes will always be just out of reach.
  16. Not me, I got caught up in ASE's when I got into graded coins a four or five years ago but have since abandoned that train of thought for the most part. I do still go after 70's in some of my modern coin sets but that's a little different as the money involved is negligible when compared to chasing notes. The main difference between coins that I chase in 70 grades and notes graded 70 is that I can submit modern coins on my own and be very confident that most or all will come back as 70 and then I can add one to my set and sell the rest for a small profit to be put into my banknote addiction. There is no way I could submit notes with the same success rate, apparently nobody can.
  17. Thank you my friend! Patience is key, the notes that got away will come up for auction again. It's only a matter of time/timing before I acquire some of those awesome notes! I was watching the Katz auction this morning at work and there were tons of amazing notes going for BIG money. I did manage to pick of a few low end notes in that auction that I didn't post here, some notes with cancellation punch or stamp varieties that I added to my collection, a fancy number note and a forgery done to target collectors. I'll post those later. Do you think the strong prices realized in auctions in Europe are due to a strong Dollar, American collectors, coin people getting sick of high prices and shifting to banknotes? I've been reading a thread in a predominately U.S. note forum and they are seeing the same increases in prices across the board, especially in high dollar/rare notes. The common theme/s across most banknote chat boards are the rising prices and will they collapse and when.
  18. A bigger budget! That's a jealous rage emoji if you couldn't tell. Bonez has some very high grade notes in that set, including a 70! Awesome stuff! There are quite a few 70 notes in that series and I have seen several go up for auction but that's not something I will be chasing, for modern's 68 is my number, on occasion, a 69 if the price is right. I've talked about this before, but I just can't justify using my limited funds chasing notes graded 70, too many other notes out there that I would rather have. That's not to disparage others who do go after 70 notes, I get it, just not my thing.
  19. After a 2-3 month stint stretching through the dog-days of summer/numismatics and a tumbling Euro, English Pound, and virtually every other currency, against the USD, there were several auctions being held across the globe in recent weeks with heaps of top notch world notes in them. Most have now come to fruition and with mixed results for me. In the world of Ukrainian banknotes top notch notes, the rarest of the rare, including rare varieties, are still commanding strong prices (surprisingly), having stared inflation, a shrinking economy and global currencies falling against the Dollar, squarely in the face and shrugging them off. Condition rarities also did well but were not as strong when compared to rarer notes and auction location, U.S. or World, did not seem to matter although the selection of notes in auctions held worldwide was much better, which is to be expected. Let's start off, shall we. This 1 Karbowanez note graded PMG 66 sold for a little over $300! Winner me! Somewhat rare to find these in that condition, currently there is only one graded higher at 67, it was an upgrade for me and the first auction win I've had in quite some time. The price was strong, and I went over what I was hoping to spend but... An uber rare 200 Karbowanez specimen was auctioned off a few days later, it had a starting price of $350 with an estimate of between $800-1000. This note is right up my alley and having been saving all my pennies for a while now I took a stab at it but had to sheepishly bow out at $1,300 and then sat back and watched this note skyrocket to a final price of $3,840 with BP. All internet bids on this one. An awesome, awesome note for someone. Next up we have a 500 Karbowanez note, PMG 64 EPQ, that would complete my set of issued Karbowanez notes quite nicely. I've been waiting a long while to pick one of these up, years, and the prices haven't been softening. Recent auction sales have consisted of a PMG 64 EPQ, sold at HA this year for $564, a PMG 66 EPQ went for $750 at HA in 2021, a PMG 63 (no EPQ) sold for $264 at HA in 2020, another PMG 64 (no EPQ) went for $456 at SB in 2021 and a couple different PMG 55 (no EPQ) notes went for €516 and €298 respectively in 2021 & 2022. The paper is a little dark on this one but it's uniform with a small smudge in the upper left margin, but all in all a nice note and since I've been tired of getting stepped on lately, I went full throttle on this and took it for just over €600. Ouch! This was just under my max bid by a few dollars, but it completes my 1942 set of issued notes! I finally finished a set! Now I just need to save up for a 2 Karbowanez (P50) note, good luck with that. There was also a 500 Karbowanez, PMG 66 EPQ, Top Pop 1/0, note that was for sale in a separate auction held in The Netherlands but the note looked questionable for the grade and the auction house noted "inconsistencies" with the holder, it looks like the holder was damaged somehow and the note with it. There is some darkening in the upper margin and lower corner, and what looks like a crease on the right face margin, back left. No thanks, I'll pass. That note sold for €350. Next up for me a 1918, 1000 Hryven banknote in a PMG 58 EPQ holder. Fifty eight is one of those grades where a note can be undervalued or under-graded and there is sometimes good value in AU notes. It's a good looking note with slightly rounded corners and not so great centering. Ok, probably not an under graded note here but a decent enough hole filler so I threw a bid down on this note and took it for just over €200. Nice! There was a 64 EPQ that sold for the same price a few months ago that I missed out on but I'll take this as a consolation prize. I didn't have a good feel for what the market price was on graded examples of this note as I watched the 64 EPQ sell, I obviously felt it was high at the time, since graded examples rarely come up for sale, but as it turns out I should have jumped on the 64 EPQ when I had the change but... No regrets though, as this note is an excellent example on its own. Next up we have a 1918, 1000 Karbovantsiv note, raw, with GREAT ink, you seldom see these with the ink as vibrant as it is on this note, I have never viewed a note of this type with the blue ink so intact. Typically, the blue background has faded to a light grey, brown, or a barely distinguishable light blue, and to see one with such original ink is amazing! It really makes the floral patterns, rays and background designs pop with the added contrast between the blue and brown color schemes! It's great to see a 100+ year old note as it would have appeared straight off the presses. The note is in AU condition with some staining in a lower corner, slightly rounded corners and a faint corner fold. I ended up taking this note for €114 , this was a very strong price for the note in the condition it is in. I'd typically expect this note to sell in the €60 range, but the fabulous ink/color drove the price up. I think. Moving right along, we come to a 1918, 25 Karbovantsiv note, it was in Fine condition with several folds, a few tears, etc.. I took a flier on it at €60 but it ended up going for €114, again, a strong price for a note in this condition. For the next two notes my butt was firmly planted on the sideline, as they were the uber rare (or so it is believed, although I have documented over 20 individual notes so far ) and highly coveted unissued 2 Karbowanez banknotes, one raw and one graded PMG 53. The PMG graded note was the better looking of the two, even though it had been previously passed on at The New York Sale back on 1/13/2021, held by Ira & Larry Goldberg Auctioneers, it was raw at that time, but I digress. In the end the raw note sold for €3720 and bidding for the PMG graded note is up to $900 (includes BP) with 12 days to go until close. This is the THIRD 2 Karbowanez banknote, the PMG 53, to be sold by HA this year. UPDATE: the PMG note sold for $2040 at HA on 10/20/2022. There were also several additional Ukrainian specimens that drew strong prices, a 1918, 2 Hryven specimen in excellent condition sold for €2881. I graciously bowed out at €1000. A front and back pair, set, of 1000 Karbovantsiv uniface specimens which went for. €3910, with me, again, making a speedy exit from the bidding. This is an amazingly strong price as a similar specimen set, graded PMG 50 (face) & 55 (back), sold in January of this year for $2592. The condition of both specimen sets was similar with the PMG graded notes having been previously mounted but the ungraded notes having a center fold. Finally, a front and back pair, set, of 500 Hryven uniface specimens which went for €3841. Woah! I was a surprised this lot climbed to that level, especially with both notes having been previously mounted and folded in the center. Ok, a few more since I'm having great luck with getting a bunch of images into this post! A couple of 1000 Karbovantsiv notes of 1917, in two separate auctions both P# 1b, one in a PMG 64 EPQ holder and the other a raw AU note with a small tear in the margin. The PMG 64 EPQ note went for €775 and the raw AU €506. A PMG 65 EPQ example sold for $1,380 back in July of this year. Raw Pick # 1b. As mentioned, rare varieties did extremely well with several pulling in four figure prices, here a few highlights. A 1918, 10 Hryven prefix В variety sold for €1741. A 1918, 2 Hryven prefix Г variety sold for €2820. The 1918-21, 1000 Karbovantsiv prefix AЖ with wavy lines of varnish variety realized a sound €457. All in all a busy few weeks for Ukrainian banknotes, with many amazing notes finding new homes and some lucky new owners. All the Ukrainian notes pulled strong prices and there were NO deals to be had, anywhere, in any of the half dozen or so auctions comprising around 200+ lots of Ukrainian notes. My hope of acquiring a few notes at reduced prices from some of these auctions because of a strong Dollar and slowing economy was completely crushed. I wonder how many bidders were based in the U.S. vs World locations and how many were dealers? I'll post more of my winnings from these auctions in the "Post Your Latest Addition" thread on the Chat Boards as they arrive.