I just love being ripped off.

I just got back from a show and I was pretty excited to get my first $4 bill in excellent condition and from a city near my hometown. I knew nothing about it and could not research it (the event center wanted 10 freaking dollars for access to wifi, after $5 for one of many unused parking spots), so I had to trust the dealer. Apparently the dealer knew that I knew nothing about obsolete banknotes, so he quoted $150 citing how it was in superb shape and very scarce (I certainly had never seen this type before, and it was uncirculated). And stupid me traded a coin I for which I had paid $150 for the note. Then I get home and realize it is worth $25.

http://www.ebay.com/itm/SCARCE-1800-039-S-4-BANK-OF-AUGUSTA-GEORGIA-OBSOLETE-CURRENCY-/132316745028?hash=item1eceb14d44:g:LtAAAOSwCXxZrALW&nma=true&si=zyDHUqfq82rE%2B39qIJ3hXmF2VQw%3D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557

I guess I had a first-hand experience of what dealers do best: Rip off the ignorant.

Lesson learned: no wifi, no deal. Still edited though. I really could have used the money from that coin.

 

Log in or Sign up to hide this ad.

What coin was it?

 

What an idiot I was. Bloody hell.

 

Well if it's any consolation that coin is cleaned. Harshly too.

 

Yes, but still worth more than a bloody $25. A lot more.

 

And that note you posted is worth more than $25.

Just because you found where someone stole that note cheap doesn't mean that's all yours is worth.

 

It appears the bank used both sides of the note for both issues, the fifty cent and the $4. Kind of cool how they interchange them. The $4 notes are all over the place on ha.com.

 

I would have given you 30 dollars for the quarter since that is all I can afford.

 

He may have and it certainly does happen. My real question would be are you sure that that wasn't a seller eating it being bad at eBay like so many are?

 

cleaned coin

no clue $4 purchase

blame the lack of internet

stupid hurts doesn't it?

 

Always do your research, lesson learned !

 

Unless the seller died, he can be track down and confronted ...

 

Fine. Heritage says it's worth $30-50. Still means I paid a minimum of 3 times it's value.

Cute. But I don't care. Same dealer gave me a cash offer of $120 for the coin.

 

I'm certainly considering it.

 

I would too .

 

I really appreciate your holier-than-thou comment like the ones I see all over YouTube. Very enouracing and constructive.

 

I agree, why rub salt in a wound .....

 

It's all some people have...

Yeah, that is a pretty common remainder. And $30 is about the going rate. In the large scheme of things, you traded something you didn't want for something you did. To be honest, alot of coin folks are very ignorant of paper money prices - I've seen them asking the moon for junk, and selling rare paper for nothing (ask me about my 637 backplate $5 mule...). Nobody complains when they take the house, only when the house takes them. But, keep in mind, it is possible they - just like you - didn't know the overall true market value of the note.

 

I hope you didn't receive my post as "holier-than-thou".
Mine was meant for the opposite.

I feel if you liked the note and traded a coin for it stay happy as it's a great note! Don't make it a game as to see what the cheapest something goes for is.
Collect what you like.

 

about the coin: are those perhaps "clash marks" on the obverse? or just the photo?