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New here! HELP!

12 posts in this topic

Posted

Hi all! Just joined really to get some input from you guys. I've trolled this forum for a bit now so I figered it was time to dive in. I recently came into a pretty cool note: $5 1882 Value Back Fr. 574 The Purcellville NB Ch. # (S)6018

 

Its not in the best condition but no rips/tears etc and the value back is from my limited research a harder find. I was just wondering what you guys would give this note a quick grade on and what my range would be for price if I was to sell it. I've had most of the top internet sites give me offers but they differ so much I cant really tell! HELP!

 

THANKS!

 

ALEX

Posted

Have you checked the HA site for records of what these have sold for?

 

http://currency.ha.com/c/item.zx?saleNo=310&lotNo=20404

 

That one in much better shape sold for $3680 years ago.

 

This BB sold for around $2500, definitely stained and not a great note:

 

http://currency.ha.com/c/item.zx?saleNo=456&lotNo=15963

 

I would get yours certified at PMG, it should run less than $50 for the standard grading and the note will be a lot more saleable in the holder. I'm not expert but would figure around fine.

Posted

I agree that the note looks to be somewhere between VG and FINE and probably closer to F.

 

Definitely get it certified or at the very least put it in a nice mylar holder.

Posted

Great note! Sadly, the way the nationals market is today, past success is certainly no guarantee of future success. Based on the condition and current demand for Virginia notes, take 30% off any auction results.

Posted
Have you checked the HA site for records of what these have sold for?

 

http://currency.ha.com/c/item.zx?saleNo=310&lotNo=20404

 

That one in much better shape sold for $3680 years ago.

 

This BB sold for around $2500, definitely stained and not a great note:

 

http://currency.ha.com/c/item.zx?saleNo=456&lotNo=15963

 

I would get yours certified at PMG, it should run less than $50 for the standard grading and the note will be a lot more saleable in the holder. I'm not expert but would figure around fine.

 

(thumbs u

Posted

Thank you all so much for the help!

 

I was going to send it off to PMG for grading and then try to sell after that but I have a serious buyer @ 1800? Seems fair I think considering some of the info I've gathered here. My real worry is the market I guess. I dont know but so much about it so I'm afraid to sell to low/high based of what the market value is now and what the trend has been with overall note value increasing or decreasing.

Posted
Have you checked the HA site for records of what these have sold for?

 

http://currency.ha.com/c/item.zx?saleNo=310&lotNo=20404

 

That one in much better shape sold for $3680 years ago.

 

This BB sold for around $2500, definitely stained and not a great note:

 

http://currency.ha.com/c/item.zx?saleNo=456&lotNo=15963

 

I would get yours certified at PMG, it should run less than $50 for the standard grading and the note will be a lot more saleable in the holder. I'm not expert but would figure around fine.

 

In my limited knowledge the Heritage Auctions site was one of my first finds for value info, I had seen the Value back in better shape but not the BB.

 

Makes me feel good that some info that people in the know use I also checked.

Posted

$1800 is probably a little cheap. Kelly on it I think is $3000 which is high retail; based on fine condition: some dealers I have heard that Kelly pricing is based on VF, not true, page 26: VALUES IN THIS GUIDE REFER TO NOTES IN FINE CONDITION. Certification will cost less than $50; at that point you could run it on ebay. Set a higher price on it and try to get good offers.