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Old 06-29-2009, 10:59 AM   #13 (permalink)
Daggarjon
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Join Date: Sep 2005
Location: Michigan
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you cant really take published prices as truth! for the most part, selling prices are much less! If you look at auctions for web notes that start at 99cents with no reserve, they never reach published price levels. The only time they might, is if the seller has a high starting price because they think the notes are really that rare.

Most folks forget the 2 factors that set price points - supply AND demand. It doesnt matter if there is only 5 notes of a particular style ... if only 4 folks want them, the value is really low.

Established price guides for webnotes are often very wrong. Im not sure if when those guides were established that notes actually sold for those prices, but for the most part - they do not now. Maybe demand for web notes is at a super low level right now... i dont know.

I chuckle when i see 1995 web note onEbay for $30 to $100 each. they wont sell. If they do, the buyer either doesnt know the real values, or they just really want that note - especially if the note is a high graded note.

coin price guides are never accurate, currency price guides are never accurate - web note guides are never accurate. look at completed auctions for both graded and ungraded for an accurate guide. Its the only way to get an accurate picture of price points.
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