BULK GRADING

[DANIELCAN67-migration]

I HAVE 50 CONSECUTIVE 1976 $2.00 FRN"F"SERIES GEM CRISP NOTES.IS IT WORTH HAVING THEM GRADED?HOW ARE THEY GRADED?SINGLED OR GROUPED?AND MOST INPORTANTLY,WHAT WOULD BE THE VALUE AFTER BEING GRADED?

[Weg]

That's a lot of questions packed into two lines. A short but true answer to all is: it depends. For what you say is most important, the value after graded? It depends on the grade. In the 70 point grading system used, grades 60-70 are for uncirculated notes. A note graded 70 can be worth multiples of a note graded 60.

 

One simple thing you can do just to get an idea if it's worth having them graded is to look at the population reports and see how many notes of the same type have been graded. If there are just a couple graded then those are probably worth more than a type of note with thousands graded.

 

I know this is not a lot of help for what you asked, but it's better than nothing.

[Steve in Tampa]

Bill, (Weg) makes a good point as far as their potential value is concerned, but typically these notes sell for less than $5.00 each RAW. It would cost you $12. each to have them graded. You can do the math, ($600.00 in grading fees). If you're keeping them for your collection, you might want to pick a couple of the very nicest examples and have them graded. The notes are graded individually.