Gents.........this site already saved me considerable $$$$ :yes: I was doing a "Google" search, trying to find some info on "Coast to Coast" coins, and ran across a post here in regards to that very thing. Sure glad I read that before I "flushed" my money....... Anyway, I am looking for a REPUTABLE dealer of Colonial currency. I would appreciate any worthwhile suggestions.................
Hugh Shull: P.O. Box 2522 Lexington, S.C. 29071 He has a bi- annual catalog that he puts out. You can write him and request a copy ($10.00). He is the leader in the field of Obsolete currency but also has a decent stock of colonial currency. He does not have a website though.
I have done business with Mr. Shull in the past, and although I have no complaint about his quality of notes, he and I do not get along. Thank you for the recommendation though, he IS a VERY REPUTABLE dealer.
You could also try, http://www.treasuredstocks.com/ I have never dealt with them but they seem to have a better than average selection of colonial notes. It is hard to find a dealer with ANY let alone a nice selection of better date items.
"Treasured Stocks" was one of the dealers I was considering..........I have spoken with him, and he seems to be reputable, and was very helpful in our conversation. I am just a bit "gun shy", as I have been sold (2) over-graded notes lately by two dealers who were supposed to be trustworthy. I guess what I am looking for now is someone who has done satisfactory business with a certain dealer and is willing to recommend that person. I am not a "Newb", I have been connected with numismatics in one form or anther for the last fifty years, it's just that "Colonial currency" is a new venture for me, and yes, ANY dealers in it are tough to find, and one of the best advertised seems to be a crook..........not a good start :devil:
Did you buy them raw or were they already graded? I have found PMG to be better with colonials than PCGS in my opinion.
One was a "C.S.A." note from a supposedly RESPECTED dealer, whom I was going to use for my foray in "Colonials" (raw, over-graded by TWO grades). The other was one,(obsolete), that I almost bought but didn't, as my suspicion level was raised considerably and I backed out. It is my intention to buy ONLY graded Colonial currency, I'm not even going to take the chance anymore. I'm "old school", and turned my nose up at "slabs" for a long time, but "once bitten, twice shy" as the saying goes. They are going to have to work to burn me from now on
Except for the lower grade stuff, all of my colonial are in PCGS or PMG holders. Do you actively collect Obsoletes? I have had a lot of luck with dealers who do not work with much currency. Most of my rare obsoletes have been cherry picked by the dealer either not knowing what they were or under grading them. It has been my experience that CU Obsoletes "feel" like EF/AU notes to dealers who are use to only handling large/small size U.S. notes. You can pick up some nice notes really cheap at some shops.
Not much Obsolete collecting anymore- I am a disabled VN Veteran, and at one time, had a fairly extensive collection of Obsolete and Confederate currency from each of the Confederate States. As my health grew worse, I had to give up most of my collection to meet living expenses. (disability pension don't go far). I am looking to build a modest collection of Colonials just for the historical aspect.
Just like any other collectable, budget is going to play a huge factor in colonials. If you want high grades 62-66 expect to spend around $300-$700 for each note. Most of the lower grade notes are not in TPG holders and can be picked up a lot cheaper, but they can be harder to find as most of the dealers who have them, do not have websites.
Always look to see what Heritage Auctions has by way of colonial notes. Every week in their internet auctions I see a good deal of them, and i trust Heritage more than most other places/dealers.
