Need value range for a 1928A Star Woods Mellon Chicago $50 Fed Reserve Note

[ETLLC-migration]

Hello, I am primarily a coin guy so hoping I can get some help on a value range for this $50 FRN, it is circulated but very clean, two very minor fold creases and solid but not perfect edges. Also would like to know your opinion on if I should have this note graded? Thanks in advance for any help.

 

 

[ETLLC-migration]

Okay I think I have found this note in the Coin World Listings as number 2101-G* 1928A valued at between $5,000 and $10,000

 

Can someone confirm this is the correct listing, if so I am a very happy guy and will be sending it in for grading. Thanks

[dean1345]

I think in VF-XF condition it would be valued around $4K.

[Dudley the 1st]

terrific find. Congrats!!!

[kbsig106]

I would say it is worth the $40 + shipping to send to PMG, nice rare old star notes are hard to come by and any condition.

 

 

[Steve in Tampa]

Very nice, original and RARE Star note...I agree with kbsig106, and would send it in for grading. Depending on the grade, and wether or not it gets a EPQ designation, I would guess somewhere between $4,000 and $6,000.

[BRIAN339]

Value is based mostly on what someone is willing to pay. I will tell you right now that in my opinion NO ONE will pay $4000 for this note. $1200 maybe but beyond that its not likely.......

[GW]

i think this note is somewhere between $2,000 to $10,000

you really need to have it graded, rare notes like this one will get a great price.

wish i could afford buy it.....

 

two folds could grade between 50-58 (About Uncirculated)

 

PAPER MONEY GRADING SCALE (grade)

http://www.pmgnotes.com/grading/grading-scale.asp

 

Single vertical fold or one to two light corner folds (58)

Two folds that has been pressed (55)

No more than two vertical folds or a single horizontal fold (53)

Two heavier folds or a light horizontal and vertical fold (50)