My first Fractional Currency note!

Discussion in 'Paper Money' started by Teddydogno1, Aug 22, 2014.

  1. Teddydogno1

    Teddydogno1 Well-Known Member

    Has this waiting for me in the mailbox when I returned home from vacation. It was described as "Choice XF" by the seller. I had to look with a magnifying glass to see the one vertical fold line. Otherwise it looks perfect to me. What say the CT experts? I'm pleased with it.

    1874_25cent_curr_obv_small.jpg 1874_25cent_curr_rev_small.jpg

    EDIT: Just now looking at the pictures I can see a second horizontal fold line that I didn't see when looking directly at it and with a magnifying glass!

    Any and all comments are welcome!

    Rob
     
    Last edited: Aug 22, 2014
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  3. spirityoda

    spirityoda Coin Junky

  4. saltysam-1

    saltysam-1 Junior Member

    Two or three minor folds are acceptable in an XF grade note. There appears to be a third crease in the lower right hand corner on the back side. It's tears, stains or discoloration that would down grade it. I would say XF40 because of the location of the horizontal crease. It goes across Walker's face.
     
    RickieB likes this.
  5. RickieB

    RickieB Expert Plunger Sniper

    Congrats on the pick up..love the fractionals.
     
  6. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Very nice! had a few of these when i was in to fractionals :)
     
  7. Sean the Coin Collector

    Sean the Coin Collector Active Member

    Very nice note, it is one of the more common fractional but a good start to the collection, i have picked up a good number of these over the years! I would say EF 40 is spot on for this note i think its worth between 15-25 depending on the crowd, could go for more or less depending on who you got looking!!
     
  8. Teddydogno1

    Teddydogno1 Well-Known Member

    Really that low? Greensheet on it is 28/31 and I paid $28. Thought buying for myself at or below Greensheet was a good price.

    Rob
     
  9. USS656

    USS656 Here to Learn Supporter

    Ditto
     
  10. Sean the Coin Collector

    Sean the Coin Collector Active Member

    That is pretty much what it would sell for in the auction or shop setting 15-25!!
     
  11. saltysam-1

    saltysam-1 Junior Member

    Looking at the ranges, that's only a three dollar difference from what Sean said and you paid. So your both in the same ball park.
     
    Last edited: Aug 23, 2014
  12. Dean 295

    Dean 295 D.O.M.

    Looks like you picked a winner. Try to get them in even better shape for the next one. Good Luck.
     
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