Hello collectors, I was recently given this note as a gift. I was definitely happy with it, as it was a great note, but I quickly realized that there was a pinhole in it. Because it is not in the main viewing area, it isn't much of a distraction, but the only worry left was its value. How much value does this pinhole take off, and if it didn't have the pinhole, how much would it be worth? I am still learning about grading currency so your help is appreciated. Thank You! :smile EDIT: I realize that since these are pretty small photos, and grading in person is always more accurate, its hard to grade so all I need to know is how much value the pinhole takes away.
Look,s ruff would say based on the photos in low VF your pictures of the over all note are To small to make a positive grade only using the corners between $65 and $75 Pinholes would take a little off maybe 5% in this case
Grades around low VF without the pinhole. Some collectors don't like to get notes with pinholes and it can knock it down to the next lower grade. Conservatively I'd say the note is in Fine condition with the pinhole.
I'll take this note at $65-75 all day long every example you can give me - it is easily worth twice this. It looks solid Fine to me, and a F12 of this note will go for $125-$175 on theBay. I'd keep it, nice, circulated example. The pinhole really doesn't affect the value in this grade, you may get a particular buyer who will balk at it, but for every one the balks you'll get several who don't mind.
I concur with Mec on this one. My estimate is even higher. You'd be getting ripped off at $65-$75 on this one. Easily $150 - $200 despite the pinhole, because this is the not the most common issue. You have Fr. 1172, not Fr. 1173. Fine 12 sells for $150 - $180 at auction. Choice Fine 15 can go between $150 to $250 (graded and slabbed of course). If you get a VF20/Net because of the pinhole, it would be comparable to a Choice Fine 15.
