Good evening to my fellow night owls. This is my second post for the day on this forum. Just a quick feedback from you ladies and gents. I purchased two 1935 Silver Cert dollar bills last night for $4 . The condition is less to be desired though, I was very excited just the same as this is my first bill purchase. Just want to get your take about the price I paid for it. Was the price fair enough for the both me and the seller? I think this type of paper currency hunting will likely be a new addition on to my hunt. I uploaded the image of both dollar bills. Comments, feedback and inputs will be greatly appreciated. Thanks in advance.
If given the choice, I would rather have one attractive SC with nice eye appeal, then two beat up, problem notes for the same price. These are far from rare and available in UNC condition for under $5. As you gain experience you'll look back and hopefully look at these notes as tuition towards your numismatic education. A $4 sale is fair for both seller and buyer. Quality trumps quantity.
I actually met the guy through offer up and was there to pi k up a shredder that he had for sale. He just had a moving out garage sale(moms house) so I asked if he had any coins so he pulled out a binder which contained foreign coins, some kennedys, quarters and those two bills so I thought never owned or even seen one so I bought it. Now I have some understanding on what to look for and on what condition. Someday I'll get the hang of it. Probably stick with coin roll hunting for now. Thanks for the advice man.
I've found, through experience, that educating myself before making a purchase makes for a better deal. Whatever you've learned from collecting coins will also apply for paper money. The bargain notes you buy today will be bargain notes if you eventually sell them.
series 1935's are very common, their value is a little over face in circ. cond. your notes look good (no tears) and they have character, there's a story hidden behind each one of those folds, i would have given the guy 4 bucks for them...
Those who advise buy the book before the coin also advocate look up the prices before the purchase. That saves them from overpaying but causes them to miss out on many great purchases. In the real world once you open the book in front of the seller you commit yourself to paying full book value. In the real world when you run home to check the book you come back to find the coins gone. Most collectors know in the ballpark what a coin is worth to them. If the price is in that wholesale range buy it and do your checking on your own time. I've seen non collectors bring me entire sets in albums that they bought for less than face value. One lady took everything quarters and up and silver and left the dimes, nickels and pennies since the seller wanted five dollars per album. I took the day off and headed to the sale an hour after she hit it. Every coin was gone as I would expect. I then helped her sell her coins for a fair price.
i would do research before you buy notes as these are common and very cheap in a lot better condition
Those would be at best filler style notes, even though they are of the more desired 1935 Series the condition is so rough that value you would be really next to nothing Like you said you paid $4, that's probably all there worth.