What do you think of the market for 500 Euro Notes?

[Smittys]

Will it go up since they quit producing them, or is it a Craps shoot?

Just Bought a few.

[syracusian]

They have already stopped making them since last December. There is no new design made for €500. What counts most, is the issuing country, defined by the initial letter of the serial number. German and French €500s are still plentiful. Irish (T) or Greek (Y) though is another story. Greek 500s have already realized ~$2000 in PMG 66-67 holders because they’ve only been printed once, in 2002 and never again, but the mintages are unknown. Too early to tell.

[Revenant]

With something like that I think your market will be limited. The face value alone (500 euro) makes them expensive and that will thin the heard of collectors right away.

[Steve in Tampa]

Several years back I was told it wouldn’t be a bad idea to get an uncirculated example before prices went up...so I did. Originally nicknamed “Bin Laden” because everyone knew of their existence, but no one had ever seen one.

 

[Revenant]

On 5/14/2020 at 3:04 AM, Steve in Tampa said:

Several years back I was told it wouldn’t be a bad idea to get an uncirculated example before prices went up...so I did. Originally nicknamed “Bin Laden” because everyone knew of their existence, but no one had ever seen one.

So did the prices go up? If you offered it for sale would someone give you 1,000 Euro for it now? 600? 550?

[Steve in Tampa]

Items SOLD on eBay show $700 - $1,200 is average...some more.

[NancyFoulk]

On 5/21/2020 at 1:30 PM, Steve in Tampa said:

Items SOLD on eBay show $700 - $1,200 is average...some more.

I wonder to what level prices will rise in the near future