1914 $10 large

Discussion in 'Paper Money' started by Mike185, Nov 12, 2018.

  1. Mike185

    Mike185 Active Member

    i was told at a coin show this was worth $10 and no more. I believe he was trying to make a sale. He had one same year. For 130$.

    I figure it’s worth $45 to $50. I’m I being ambitious?
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  3. Mike185

    Mike185 Active Member

    Sorry forgot to attach pics

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  4. Michael K

    Michael K Well-Known Member

    Well the rip and the condition are hurting the value.
    In better condition this is $50 and mint $100.
    In this condition I think $20-$30.
  5. Noah Finney

    Noah Finney Morgan / Gold Indian Member

    Put it on eBay, People will pay something for that!
  6. Collecting Nut

    Collecting Nut Borderline Hoarder

    Not worth a higher amount due to the condition. About $20-25 in current condition I would think.
  7. Mike185

    Mike185 Active Member

    Cool thank you all. What grade would this be!??

    I’m trying to learn grading!!? Lol. Sorry. I know it’s a lot to ask!

    His was nicer then mine but was still worn around the edges. That’s why I said 45-50

    But I will take it.........
  8. Michael K

    Michael K Well-Known Member

    Heavily circulated and damaged. The grading scale goes 1-70. IDK what grade this is 10-15? However, it is a 1914 and the back (reverse) is desirable and collectible.
  9. dwhiz

    dwhiz Collector Supporter

    I had a error $1 bill and took it to a show. I asked the dealer what it was worth and he said the holder was worth more than the bill.
    So I asked how much he would give me for the holder.
    He just gave me a bad look.
  10. lordmarcovan

    lordmarcovan Eclectic & odd Moderator

    Rough, but cool. I like it.

    (And know absolutely zilch about paper currency.)
  11. SteveInTampa

    SteveInTampa Innocent bystander

    Looks like maybe a VG-8. Problem notes like this typically sell for under $50. Personally, I don’t understand why a collector would want this in their collection. It’s not rare at all. I’m guessing price. Maybe @MEC2 will chime in.

    Edited to add, I’m sure I come off sounding like a currency snob, and maybe I am. The only defense I have is, I was often told and learned early on to buy notes you like and try to focus on non-problem notes with good eye appeal and original paper, unless rarity or budget prohibits. Quality trumps quantity every time.
    Last edited: Nov 13, 2018
    BoonTheGoon and Timewarp like this.
  12. Numbers

    Numbers Senior Member

    No, please keep it up. The more collectors you can persuade to avoid low-grade problem notes, the cheaper I can get them for my collection. :p

    In all seriousness, it's never made sense to me that the premiums attached to condition are anywhere near as large as they are. When one gem note is priced the same as five or ten low-grade notes, I have no idea why anyone would even consider buying the gem.... But I guess it's good that we all have different preferences; it keeps us out of competition most of the time!
  13. Collecting Nut

    Collecting Nut Borderline Hoarder

    Gem grade anything has always been in demand therefore gem grade brings higher prices and not just limited to coins and paper money.
  14. techwriter

    techwriter Well-Known Member

    The note in question is Fr. 934; condition is "woeful" to borrow a term from Wendell Wolka and his grading system. Value: IF you're collecting one note from each district (as I do) then I would pass on it. If, however, you're looking for a conversation piece as opposed to a collectible piece -- I'd offer $15-$20.
    Then, of course, you could submit it for TPG grading and hopefully sell it for those who actually collect lower grade notes. :)
    All this is just my opinion and is NOT to be construed as a personal insult, please. You should see a couple of fractional currency pieces I have (really bad ones) LOL
  15. Mike185

    Mike185 Active Member

    Well I wish I could buy higher grade coins and note. But like everyone “life happen”. Bills,kids, mortgages.. so I only can afford what I can afford.. so that said. I try and collect what I can get. Sometimes hitting flemarket and yard sales. I’m scared of eBay!

    And no way I’m insulted in any way!!
    SteveInTampa likes this.
  16. MEC2

    MEC2 Enormous Member

    You probably aren't that far off, there's what folks would pay, and what eBay would bring, and eBay I bet would drag high 30's to be sure. Could even reach 40's. More money than sense out there on eBay... myself, it's a $25 note, most common sig pair for $10's out of St. Louis, so, not much value to me, but I mean you get to $10 just on face value alone... as Steve said it's likely VG-8 with an apparent or NET grade, do NOT grade it for the love of God...
  17. techwriter

    techwriter Well-Known Member

    Well, here's a real keeper for me and condition is not exactly complete. This note was found after hurricane Katrina blew through the Mississippi Gulf Coast a few years ago, cost me a bit more than $10 but well worth it.
    Legomaster1, Mike185 and lordmarcovan like this.
  18. Mike185

    Mike185 Active Member

    For what it has been trough it is a keeper!!! It looks like there are no creases ! I bet it was part of some poor fellows collection!
  19. techwriter

    techwriter Well-Known Member

    Actually from a coin shop's salvage.
  20. jcm

    jcm Active Member

    Great story to go with the note! Must have been quite a price drop.
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