Fancy low serial number value

Discussion in 'Paper Money' started by vent1020, Apr 18, 2020.

  1. vent1020

    vent1020 Junior Member

    I am considering purchasing this note but don't want to overspend. Now, I know value is subjective and something is only worth what someone is willing to pay. Just curious what you guys think this could be worth or sell for to the right person.

    Thanks.
     

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  3. SteveInTampa

    SteveInTampa Always Learning

    Typical 3 digit serial numbers on a $1 (non-star) in UNC condition bring anywhere from $10-$30 to the right buyer. The OP’s note is in the $20 price range at retail.
     
  4. Collecting Nut

    Collecting Nut Borderline Hoarder

  5. -jeffB

    -jeffB Greshams LEO Supporter

    Is "X00" really a typical 3-digit number though? I'm not a SN collector, but it seems to me that 400 is more "special" than 412 or 453 or 395. "One non-zero digit"?
     
    Cheech9712 and Legomaster1 like this.
  6. cashhound

    cashhound Well-Known Member

    Legomaster1 likes this.
  7. -jeffB

    -jeffB Greshams LEO Supporter

    Even then, zero seems more special than the other numbers, even though it isn't in combinatoric terms. (If anything, it's less special, because any run that doesn't use all ten million serial numbers will be ever-so-slightly weighted toward lower digits.)
     
  8. vent1020

    vent1020 Junior Member

    I appreciate all the information. The person selling it was wanting $50, so I was unsure whether that was a good price or not.
     
  9. Michael K

    Michael K Well-Known Member

    Technically a low serial is 100 or below.
    But that has been expanded to lower than 1000. The 7 zeroes is very nice.
    As for value, it's what someone is willing to pay. If Steve in Tampa says $20
    then that's probably the right ballpark. I mean anything you want bad enough you are willing to pay a little more, but, you don't want to be taken advantage of.
    Can you message the seller and make an offer?
     
  10. Legomaster1

    Legomaster1 Cointalk Patron

    OP's note happens to be a binary, as JeffB noted, so, I would think it's worth somewhat more than $20.
    In an Ebay auction, a 2003A series $1 note with serial no. E00000534F sold for $21.50 +$3 shipping. And, as you can see, it's more circulated:
    [​IMG]

    A 2009 series $1 note with serial no. B00000897B sold (in a Buy-it-Now listing) for $35:
    [​IMG]

    Altogether, with the banknote posted above, I'll go contrary to most estimates- and point out that it looks like it's in very good condition, and has not only a low, but also a binary serial. With that, I think it's fair to offer $33-$38 for the note. Even $40 sounds like a reasonable figure.
     
  11. SteveInTampa

    SteveInTampa Always Learning

    Here’s a $10 graded note that sold recently. It’s typically $15 or more just to have it graded. Personally, I definitely wouldn’t pay $50 for the OP’s note.
    28024ED2-1752-4ACD-9491-999C82DC8DF5.jpeg
     
    Cheech9712 likes this.
  12. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    @vent1020 did you ever pick up this note? Inquiring minds want to know ;)
     
  13. Endeavor

    Endeavor Well-Known Member

    I believe this note is worth more than others are suggesting. It's not just a low serial number but also a binary and 7-of-a-kind. It's having the combination of all three that gives this note its punch.

    Is it worth the asking price of $50? If I knew it would grade 65 or higher I would buy it without hesitation. The problem (for me) is being ungraded and not observing it in hand. It's risky purchasing ungraded online unless the seller is very reputable or you know them to be accurate in their description of condition/grade.
     
    Legomaster1 likes this.
  14. -jeffB

    -jeffB Greshams LEO Supporter

    I'm not a note collector, so check my work here, but doesn't 7-of-a-kind (in an 8-digit number) mean it has to be a binary (only 2 different digits)?
     
  15. Endeavor

    Endeavor Well-Known Member

    Yes, but not all binaries have to be 7-of-a-kind.
     
  16. Janet C

    Janet C New Member

    I have a dollar bill with serial number D 00000080 D wondering the worth. offered $175
     
  17. -jeffB

    -jeffB Greshams LEO Supporter

    That's certainly low! You might have better luck starting a new thread in the Paper Money section, and it'll help if you can post a photo to show the note's condition. (I'm not a paper collector, so I can't even guess.)

    Welcome to CoinTalk!
     
  18. Collecting Nut

    Collecting Nut Borderline Hoarder

    This thread is from three years ago. Best to start your own thread and post photos of both sides on full frame. With paper money condition is everything. Your serial number is low so everything else depends on paper condition. You’ll get more responses to a new thread.
    Welcome to CT.
     
  19. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    The bottom line, it’s only worth what someone is willing to pay for it, the
    real question what’s it worth to you ?
     
    SensibleSal66 likes this.
  20. kanga

    kanga 65 Year Collector

    There are plenty of serial numbers that catch the eye but I stick to the ones listed in Azpiazu's book.
    The OP's note is certainly in the "catch the eye" category.
    If I found it in circulation I'd probably keep it but I wouldn't buy it.
     
  21. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    Hello.. Janet, are you there? o_O
     
    SensibleSal66 likes this.
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