Pricing FRN's

Discussion in 'Paper Money' started by kanga, Jul 22, 2012.

  1. kanga

    kanga 65 Year Collector

    I'm trying to put together a set of small-size one dollar notes (no star notes).
    I've done okay with the United States Note (all one of it).
    And I've done reasonably well with the Silver Certificates, just missing the pricy varieties.
    But the FRN's are giving me fits.
    I want to buy each series as a unit rather than note by note.
    But the listings on eBay are considerably overpriced based upon the guides I have.
    So maybe I have the wrong guides.
    I have the:
    -- Standard Guide to Small-Size U.S. Paper Money/1928 to Date, 10th Edition
    -- Collector's Guide to Modern Federal Reserve Notes/Series 1963-2009
    -- Paper Money of the United States, 19th Edition
    -- Coin World

    I consider all of these to be retail listings and consider them to be the max value.
    So, am I wrong and need another price guide?
    Or do I look elsewhere, i.e., not on eBay?
    I won't pay $75 for something the catalogs indicate are worth $60.
     
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  3. SteveInTampa

    SteveInTampa Always Learning

    I consider a bargain 50% of book or less. There are just ssooo many available if you are patient.
    Check the Heritage Tuesday Night Auction. Sometimes there are bargains to be found there.
     
  4. bkozak33

    bkozak33 Collector

    whats a frn?
     
  5. MEC2

    MEC2 Enormous Member

    Federal Reserve Note.

    Though I've seen it as the FR number, that's not correct. FRN should always mean Federal Reserve Note.
     
  6. rickmp

    rickmp Frequently flatulent.

    FRN is Federal Reserve Note. FR (Friedberg) Number is a catalog number that dealers and TPG's use.
    J
    ust about every note will be listed with its number in the Friedberg book on US Paper Money.
     
  7. icerain

    icerain Mastir spellyr

    You can't really rely on price guide values, they will always be outdated or off whether higher or lower. Your best bet is to check finished prices on ebay, or a recent Heritage sale for values.
     
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