Opinions on this Colonial note, please.
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8 posts in this topic

it looks better than this one:

 

http://currency.ha.com/common/view_item.php?Sale_No=329&Lot_No=292

 

Pennsylvania May 1, 1760 50s Very Fine. Very high grade for the issue, with no

problems, restorations or repairs. The note is boldly printed and 100% legible on

both sides. Even the often-muddy nature print on the back is clean and clear. An

unusually nice Ben Franklin note that should attract considerable attention

 

Sold for: $776.25 (includes BP )

Auction Ended On: Sep 25, 2003

 

best to have it graded.

hope this helped.

109068.jpg.82f7ae2b7a4ec6fc979cf955cee17e06.jpg

Edited by GW
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Thanks GW.

 

I'm interested in purchasing this note, but there is very little data on it. I looked around and really haven't found anything that would give me an idea of what fair value is for this piece.I understand that no 2 pieces are indentical even at the same exact grade. Eye appeal to one person varies to the next. One individual might be willing to pay X amount of dollars for that note, but another person might feel it's worth say 300.00 less than individual #1 is willing to pay.

 

With that said,I certainly don't want to pay X dollars to find out later it's worth is 500 or so less (on average).

Unlike some, I collect for the enjoyment, but I also collect hoping the value increases over time. So my purchases have to be savvy in the sense I make a purchase real close to what the current value/average of any given item . For me, this is a hobby, and to some degree a investment vehicle as well.

 

 

Edited by SouthFlorida guy
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I increased my investigation of this particular note, and found this exact note was sold Mar 28 2010 for 1,200.00 USD+ (252.00) buyer's premium.

 

http://www.icollector.com/Colonial-Currency-PA-May-1-1760-50-Shillings_i9316738

 

Now, the same exact seller (Early American) has it up for sale again, but now is asking 2000.00 straight out. Hmmmmmmm.....

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great find on the past history of this note. i'm impressed,

i may want to add that icollecor website to my list of past auctions prices.

 

i never buy "buy now", only auctions on e-bay.

if you really want the note, i'd send him an e-mail with an offfer.

he has to make some profit for himself.

Make Your Best Offer...

 

this is the guy that's on that history channel pawn shop show i watch all the time.

i can't belive the stupid kids/people who sell family collections. makes me sick.

 

http://www.earlyamerican.com/Auctions/ClientPages/home.php

 

http://www.earlyamerican.com/HistoryStore/pages/item.php?itemID=93310

 

http://cgi.ebay.com/Colonial-Currency-PA-May-1-1760-50-Shillings-/370429691010?pt=LH_DefaultDomain_0&hash=item563f548482

 

Edited by GW
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if you really want the note, i'd send him an e-mail with an offfer.

he has to make some profit for himself.

Make Your Best Offer...

 

 

I submitted an offer. I'll see how it goes.

 

I'll keep you (and anyone else interested) posted.

 

btw.. I watch pawn stars as well. I enjoy that show. Learned quite alot watching.

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They accepted my offer for 75.00 above what the note sold for in the link I posted above. I'm :whee: over this purchase for two reasons.

 

1) The note is a great piece of American history.

 

2) I was born in Philadelphia on May 1, 1960. So I think it's pretty cool this note is dated May 1 1760, 200 years before I was born.

 

As soon as I recieve this note I'll be sending it to PMG to be graded. As of right now only 4 of this particlur note have been graded. The highest grade being VF-15. However this is a plate C note which is rarer than the B plate note. Not sure how that plays into the POP report, if it does at all. Anyway, I think this note should equal the VF-15 grade. Coming in at VF-20 will only add to the excitement I have already in regards to owning this piece of American history.

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