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Fenntucky Mike

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  1. Like
    Fenntucky Mike reacted to Lance A D in Any Good Currency Books That Combine Inventory/Pricing with good stories ?   
    There are only two publications that I subscribe to that touch on paper currency. One is Bank Note Reporter. I only collect small-size currency, so that's the pricing I look at. Unfortunately, pricing on small-size notes hasn't been updated in five or six years - it's pretty ancient. The articles are pretty interesting, so you might consider this magazine.
    The second publication is the monthly issue of Coin World. Prices of large- and small-size currency are listed on a revolving basis. It's current, but I'm not qualified to say whether the prices are accurate. They seen to sync pretty much with eBay items. Currency articles are sparse, but interesting.
  2. Like
    Fenntucky Mike got a reaction from GoldFinger1969 in Binary $100 should I get it graded   
    Yes.
    What kind of notes are you sending in?
  3. Like
    Fenntucky Mike got a reaction from GoldFinger1969 in 2 dollar bills with unique serial numbers   
    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. 
     
  4. Like
    Fenntucky Mike got a reaction from GoldFinger1969 in Binary $100 should I get it graded   
    Generally true but sometimes you can find uncirculated bills in an ATM, albeit in lower grades like 62-64 usually.
  5. Like
    Fenntucky Mike reacted to GoldFinger1969 in Post Your Low Serial Numbers !!   
    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 !!!).
  6. Like
    Fenntucky Mike reacted to GoldFinger1969 in 2 dollar bills with unique serial numbers   
    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.
  7. Like
    Fenntucky Mike reacted to Jogarced in 2 dollar bills with unique serial numbers   
    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?
  8. Like
    Fenntucky Mike reacted to GoldFinger1969 in Binary $100 should I get it graded   
    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.
  9. Like
    Fenntucky Mike reacted to Jogarced in Binary $100 should I get it graded   
    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. 
  10. Like
    Fenntucky Mike got a reaction from GoldFinger1969 in Large Collection - looking for resources on evaluation   
    Your best best would be to research the notes yourself first, pick out the one's you think will have some value and then bring them to a local coin shop or dealer for appraisal. Based on the images you've posted it appears that most, if not all, of the notes in the collection have been pulled from circulation and condition is huge factor when determining value for notes. Also, all of the notes posted appear to be readily available on the open market and because of condition and availability these notes have little to no value above face. 
  11. Like
    Fenntucky Mike got a reaction from GoldFinger1969 in World Banknote Auctions   
    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. 
    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. Like
    Fenntucky Mike got a reaction from GoldFinger1969 in Binary $100 should I get it graded   
    I would say that a circulated $100 fancy fancy serial number is not worth the cost of having graded. You'd probably break even or maybe come out a little ahead as far as recouping the grading fees but would make less money overall as you'd probably have a bigger margin selling it raw.
    One more thing to consider, a circulated $100 bill is a lot of money to be sitting on just because it has a fancy serial number, most fancy $100 bills sell for less of a premium when compared to lower denomination fancies because of the FV. 
    Not saying you couldn't find that one person to pay up for it but you may have to sit on it for a long time, and you may not ever find that person. 
  13. Like
    Fenntucky Mike got a reaction from GoldFinger1969 in World Banknote Auctions   
    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.  There is still plenty of smaller auction houses to shop at, just disappointing since WBA usually had decent material.
    upcoming auctions | consign | stacksbowers.com  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.    
  14. Like
    Fenntucky Mike got a reaction from GoldFinger1969 in Post Your Low Serial Numbers !!   
    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. 
    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. 
    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. 
  15. Like
  16. Like
    Fenntucky Mike got a reaction from GoldFinger1969 in Post Your Radars & Repeaters !!   
    A trifecta. 

  17. Like
    Fenntucky Mike got a reaction from Navaneeth in Post your latest addition!   
  18. Like
    Fenntucky Mike reacted to GoldFinger1969 in Post Your Low Serial Numbers !!   
    Sequential low-SN 1957 SC's.  Not sure how rare they are, I don't think sequentials are nor low-SN's...but both in a bill ups the rarity factor.  Ditto for the 66 grade.
    I think I paid about $150 each.  I'm not sure what caused that jump in price...I think the fact that they are sequential as a 66 isn't super-rare.  Then the low SN caused a bump, too.  Not sure if G-A block matters a whiff.


  19. Like
    Fenntucky Mike got a reaction from GoldFinger1969 in Post Your Low Serial Numbers !!   
    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. 
  20. Like
    Fenntucky Mike reacted to GoldFinger1969 in Post Your Low Serial Numbers !!   
    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.


  21. Like
    Fenntucky Mike reacted to GoldFinger1969 in Post your latest addition!   
    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.


  22. Like
    Fenntucky Mike got a reaction from GoldFinger1969 in Tuesday Night U.S. & World Currency Auctions   
    That is what is in the HA description. It stated that the note had been in a PCGS 64PPQ holder when sold in 2009. 
    No, I doubt it. I was not reading the HA description correctly, didn't realize they were quoting their own lot description from 2009. I thought they were talking about the consigner to the 2024 auction having acquired the note in 2000 and consigning in 2008. 
  23. Like
    Fenntucky Mike got a reaction from GoldFinger1969 in Tuesday Night U.S. & World Currency Auctions   
    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. 
  24. Like
    Fenntucky Mike got a reaction from GoldFinger1969 in Tuesday Night U.S. & World Currency Auctions   
    Notes issued by the wildcat banks of the free banking era in the U.S., 1836-65. They are generally uniface, one sided, and were printed on very thin paper. 
    Here are some from my collection.





  25. Like
    Fenntucky Mike reacted to GoldFinger1969 in Tuesday Night U.S. & World Currency Auctions   
    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.
    https://currency.ha.com/itm/small-size/federal-reserve-bank-notes/fancy-serial-number-fr-1880-g-50-1929-federal-reserve-bank-note-pcgs-very-choice-new-64/a/142413-84458.s?ic4=ListView-Thumbnail-071515
    "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."
    What are "obsoletes" ?