Hello all: I may have posted the following in the wrong forum but I can tell you for certain that folks here are VERY helpful wherever you post something. -------------------------------------------------------------------------------------------. Hello everyone: I am new to Cointalk and I am somewhat of a collector of things that are usual and unusual, it just makes life interesting. I currently have a dilemma and I don't know if I should spend the money to have the notes below graded via a site called PMG or a through a member that belongs to it. I am also wondering is anyone has any idea of what notes like this are worth? I don't want to pay for having them graded if they are not really worth that much. I have more but here are three things that I want to start with. Can anyone tell me if it would be worth my while to have them graded, and what does that do to the value of a bank note? $20 - Two US Notes one serial number apart, one has a printing error - notice arch overprint where date is left of Jackson’s portrait and the bottom overstrike of the signature also has an issue. Kind of new looking, don’t see creases or folds. I think the black on the back is the ink from when it was printed. $50 - US Note I believe this is an offset error but PLEASE do not quote me on that. My wife picked this up when she was working at a bank because a customer noticed it and did not want it because it looked wrong. It’s pretty much a new note. $1 - Bahama One Dollar bills with consecutive serial numbers - 1974/1984 (35b?) - Signed by governor Allen - We had these left over from our honeymoon which was long ago. They came from a small bank in the middle of Nassau, Bahamas. They are not creased stained or anything. They are crisp and new. As for the photos I did my best with the not so good camera on my phone. I cropped the images and adjusted the lighting and color some only because they appear darker and reddish from my camera. The image also look faded, like some of the serial numbers and so on. I can assure you that they are not. If someone has any input that they can share it would be greatly appreciated. Again I am wondering if I should get them graded and what would be their approximate value? knowing what they may be worth will make the difference. Thank you in advance for your help. —Mark
You didn't like the answers you got here? https://www.cointalk.com/threads/bank-notes-is-it-with-having-these-graded.332128/
I think he did like the answers he got, he was asked to repost $50 note in this forum. OP just reposted complete post. he is looking for more eyes on the $50 note with reverse ink on obverse.
Hi rickmp I did like the answers but I thought I posted the questions in the wrong forum. I can delete this if need be or I can delete the other. I'm new to this and I did not mean to cause concern or confusion, my apologies. I'm not use to this yet.
Are they *worth* getting graded? Depends, are you the kind of person who loves a slab, and may want to collect based on grade? Or establish value for sale? If so, then the $20's and $50 can get graded. The Bahamas notes - not so sure on those. Myself - I'd leave them unslabbed and just put them in a nice holder to enjoy them. The $20's are not all that valuable - they are fairly common and I don't see anything that would qualify as a full on error - a minor shift in the overprint there isn't gonna get it done, at least to me. Might get what, $50 max on those? The $50 error is probably a $100 note to the right buyer. It's a nice example.
I tend to agree with MEC2. I’d say 90% of my collection is unslabbed. The $50 is your star pupil of the group with a back-to-face offset error. You don’t see that many $50’s, so you don’t see too many $50 errors. I haven’t a clue on the Bahama notes, sorry.
I don't know to much about paper currency printing, so I find it interesting the you called the OP's note an Offset Error. Is there a site that shows or gives a description of different types of Errors for notes?
I would only grade if the value far out paced your fees and trouble As it can be a long process, are your going to have a minimum of $100 Packaging, shipping and grading fees, my advice if you really Want to do this, PCGS and PMG go to big shows if there is one in Your area you can save about 75% and get the note back with in A day or two.
Fred Bart is considered the authority on PM errors. I use his book, but his website, Executive Currency, also has many different examples of errors.http://www.executivecurrency.com/collections/en.php
And Executive Currency prints beautifully illustrated catalogs with every imaginable types of notes and errors. Well worth getting on their mailing list.
