That's a KC note and my district There were 25 million made but the star of that series is where it's at at only 640k made!! The star is worth alot but that one maybe $20? But I guess the 69 gives some extra value...
Value is based on a couple of things first the rarity 25 Million made doesnt Help the cause here, Being a 69 helps out a bit, But dont think it would Bring to much of a premium/
Brian, What's the note worth to you? That's is ultimately what it is worth. Nothing more, nothing less. What it's worth to someone else is another story and wouldn't fully pertain to you and your personal collection or collecting budget. That you might find these notes raw in perfect grades and could yourself submit them for grading or just buy one for the same amount already graded is another idea. In the latter, pay no more than the cost of face plus what someone else paid PCGS to grade it, list it for sale and ship it to you. The people who try to sell common coins and notes that are graded usually loose out, in the short term, on grading fees spent to get the coin or note into plastic in the first place.
I disagree to all the comments saying that the note graded by PMG does not have much of a premium. I have a little bit of outdated records, but from January 2010 PMG has graded 3150 of Fr. 1935-J and only 3 have been in 69 with none higher. What is interesting is the note does not have EPQ for Exceptional Paper Quality on the holder (unless it says it on the back). But I think PMG started adding EPQ later and not on early notes graded? Any rate, the note has value to Registry collectors and fans of the twos and although the pic is small, it looks beautiful.
Iam sorry that you disagree but a $2 bill just isnt that special, I have Over 400 graded notes and a few are in 69 if they are rare thats one Thing but if there common thats another! Sorry to burst your bubble!
We all have our opinion friend. I have one of the highest graded $2 FRN from 1976 to Present on the PCGS Currency Registry (was #1 in 2009) so I know a little thing about the twos, grading, and their values (for common and more scarce too). So my bubble is still intact :smile
Iam just trying to make a point! Thats all !! Being graded in 69 doesnt make Worth a million dollars though it could be if its the right note, I do congratulate You on the find
I agree, the value to that note graded by PMG in 69 is really a "registry" play for those interested in the highest grades of an item where millions were printed. With that being said though, with 3000 1976 J notes graded by PMG and 3 in 69 that is a pretty special note! I get quite a few $2 FRN graded with PCGS and it is tough to get high grades. This is me going through quite a bit of merchandise too, so that is really more of my point.....For those that care, that 1976 J in the PMG 69 is pretty tough. Hence, more than $20. But is the note itself, rare? By no means, it is the centering and grade that is making it tougher.
In my defence I did say the 69 gives it some extra value :whistle: After looking at the pop charts it seems it's worth plenty more. And after talking to Brian339 I'm not sure why he asked this question as he obviously already knew what it was worth. Or were you just wanting to pick on me
Duke you make some good points that I feel I must comment on. I have a feel for what its worth but its always good to "bounce" it off others. It does many things for me. I would like to name a couple that come to mind. I like the feedback on sveral issues. Is the whole registry thing catching on? Has paper money reached new levels like common coins have in high grade? Am in the majority of those who get excited about owning an almost perfect banknote? What would others spend? Just looking for some harmless fun is all. PEACE:smile
Oh I understood that and was really just messing around in my last post because it seemed to be getting a bit heated and that's why a: and a :whistle: were added Just adding a little fun myself plus admitting that even though I have recently started a District set of Kansas City notes and that is one that I do not have a good price idea on some of them at all!!
Hi Brian, I think on the currency side, the registry has been much slower to catch on as in coins, but it is also much newer and there are many fold more coin collectors and currency collectors. With that being said, high grade notes can go for some good prices. I know more about PCGS graded notes than PMG, but $2 FRNs in 69 can go from $50-$300 for a common note. Obviously, a tougher star note or a fancy serial can go much more. But what I find interesting and exciting is you can spend say $200 on a note where it may be the only only graded in that grade with none higher. Sure there may be more one day, but there are over 10,000 $2 FRN from 1976 to present graded at PCGS and another 10,000 at PMG which is pretty good. With more notes graded, there will be more in the highest grades, but all it takes is a few more collectors to swallow them up. And as we know with the registry play, all it takes is a couple people going after one note. There are tons of coin collectors and many with the State Quarters program. I find it interesting when people pay $400 for a Proof 70 state quarter with hundreds in that grade. But there is also apparently a demand for them too. That is what makes the currency side fun and interesting. There is still a ton of growth potential ahead its popularity is growing. There is something about those serial numbers and the big portrait for a beautiful engraving that attracts us.
