Under Valued Colonial's

Discussion in 'Coin Chat' started by jeffmentor, Jul 26, 2010.

  1. jeffmentor

    jeffmentor New Member

    There are three undervalued areas in currency and the one I am talking about today is Colonials. Why are these undervalued? Well believe it or not there was allot of counterfeiting even during this time. So most of the notes that were turned in were destroyed.

    The next reason the notes didn't survive was of moisture and the normal ware and tear that paper has to endure. Also we lost a large amount of currency that was tucked away in homes and banks with the San Francisco earthquake and the Chicago fire.

    A few years ago when I was at a major show I could find some nice pieces for sale on the floor. Now the only time I see an exceptional piece is at an auction with a premium price.

    Most common way to start a collection is by the 13 colonies

    Jeff

    http://www.treasuredstocks.com/

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