I have a set of (16) uncirculated, sequential 54 Devils Head bills. They were picked up from the bank by my Grandfather and stored ever since. Being new to this: How do sequential SN's affect value? Does anyone have an opinion on the value of this set?
Beattie/Coyne L/A Devil's Head (Hair) are the most common but being in Unc. condition they have a catalog value of $120 each (or better if they grade higher). Being sequential has it's ups and downs when selling. There aren't as many buyers that will cough up that much money for a group of notes but then you might find a dealer who may want them.
Parabellum, Welcome to the forums. These are very nice notes and when it comes to sequentials, it depends on how willing someone is to spend that much at once. I beleive that if you break them into smaller lots that you may find the price range you are looking for. Just my opinion though...
I have a feeling that this is going to be my problem. I have several sets of bills with consecutive SN's including a set of 40 1967 circulation $1 UNC bills and 100 consecutive 1954 $1 UNC bills. What is the best way to sell large blocks of bills? Is is better to piece out the sets?
The 1954's are the only ones of real value. The centennial notes (1967) are so plentiful that most of the time they only sell for $2 or $3. I know some dealers that have several stacks of uncirculated '67's. The devil's head are the more valuable of the '54 notes and you might get a buyer to buy the works but at a discount. Small groups would be more profitable for you.
Ok, at the risk of sounding ignorant, why are these called "Devils Head" notes? She seems like an attractive woman.
The story goes that the engraver intentionally put a devil's head in the curls of the hair of the Queen. When it was discovered, it was revised to the "modified" version: Some think it's like this:
If you like that one, than you'll love this one! It's called the Topsy Turvy Hami-Boat Anchor. To be honest I don't put much substance on sequential serial numbers unless it's something from the 1800's.
You might be able to do the 100 consecutives in lots of 10. smaller lots than that may not be worth it.