I have a chance to buy a 1934A $10 North Africa Emergency Note, fair value?

I have a chance to buy this note. What would the value be? I want to be fair but not overpay. There is a little ink stain on it but no tears or holes. There are a couple light folds that are hard to see in the photos. The one book I have states $60 in Fine condition. Thanks for your help.

 

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I would put that note at around VF+/EF and would value it around $90/$120ish in those grades. If you can get it for $60, I would jump on it.

 

That is an attractive note in XF if you ask me, however, just like your other post about Mercury dimes, why would you pay full tilt when you would never get that price again tomorrow. Why don't you and your friend take a trip to the coin shop and keep your thinking to yourselves. Ask the dealer what he would give you for this stuff and when you leave with a "No thank you and we appreciate your time" friendly encounter at the shop, offer your friend a tad more than the dealer did.
The dealer has overhead in running the shop and it will sit in his inventory for who knows how long.
That is why the dealers don't pay high prices. Your friends items may be neat but to a dealer, he wants to move inventory along at a profit.
Again, you need to think about the day after you buy this stuff. What can you get for it when you go to sell?

 

Note says mid-VF to me. $60 isn't a bad price, it's no great bargain either though. You could do a little better, and alot worse. If you bought it for $60, it'd be a quality pick up.

 

$60 seems to be a good price for the note. The stains detract a bit, so it will knock it out of XF for you, but I'm still at VF in my opinion. :thumb:

 

Thanks for the info.

 

I agree

 

The $60 price is fair, but personally I would wait, save up a little more money and patiently look for an example in better condition, without any distractions. These are one of my favorite small size notes........with clean paper, the blue 10 and yellow seal really pop. You can probably find an AU example for a little over double your $60.

 

In the photo of the reverse, the top margin looks curved or crooked; is that just due to the camera angle?

 

It's the camera.