SouthFlorida guy Posted February 6, 2011 Report Share Posted February 6, 2011 Can anyone give thier opinion on what this note would grade at? Also, what is your guesstimation on the value of this? Thanks for your time! Link to comment Share on other sites More sharing options...
GW Posted February 6, 2011 Report Share Posted February 6, 2011 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. Link to comment Share on other sites More sharing options...
SouthFlorida guy Posted February 7, 2011 Author Report Share Posted February 7, 2011 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. Link to comment Share on other sites More sharing options...
SouthFlorida guy Posted February 7, 2011 Author Report Share Posted February 7, 2011 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..... Link to comment Share on other sites More sharing options...
GW Posted February 8, 2011 Report Share Posted February 8, 2011 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 Link to comment Share on other sites More sharing options...
SouthFlorida guy Posted February 9, 2011 Author Report Share Posted February 9, 2011 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. Link to comment Share on other sites More sharing options...
SouthFlorida guy Posted February 10, 2011 Author Report Share Posted February 10, 2011 They accepted my offer for 75.00 above what the note sold for in the link I posted above. I'm 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. Link to comment Share on other sites More sharing options...
GW Posted February 11, 2011 Report Share Posted February 11, 2011 wonderful Link to comment Share on other sites More sharing options...