1934 1000$ note

Discussion in 'Paper Money' started by burningrock, Nov 18, 2019.

  1. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

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  3. HawaiiCurrencyCollector

    HawaiiCurrencyCollector Active Member

    Here’s some pics of my 65. 5BB98E73-03F3-4607-92CE-588BDB6739F0.jpeg 590D8D3D-EF0D-47DE-A2D4-7D0260AA903A.jpeg F6923572-6BB1-4785-94F9-859DB9C05F01.jpeg 3DE03EB3-DD1B-43A7-BDA5-2322685280A9.jpeg
     
  4. burningrock

    burningrock New Member

    Here is some better pics let me know :)
    [​IMG]
    [​IMG]
     
    Last edited: Nov 19, 2019
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  5. Michael K

    Michael K Well-Known Member

    There is better lighting on this one, but I have to wonder if the direct light is washing out what I saw as gray before and is now whiter. It's certainly worth having graded, I guess we'll find out when it comes back. I am at 55-58.
     
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  6. burningrock

    burningrock New Member

    thanks but 55-58 grading has folds in the note. there are no folds in the note
     
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  7. Mike185

    Mike185 Well-Known Member

    I just guess at this point but I notice all of the plate number are below 10 (obverse and reverse). Is this because Of the low amount that was printed in 1934??
     
  8. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    How so ?? if it is in mint condition as the OP states, having it graded could hurt
    The value, as per my examples above would come in at a undesirable number
    Causing a decrease in value and a less desirable note after all.
     
  9. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Huh ?

    The only way that happens is if he assigns it a higher number than it actually grades....AND...someone buys it from him thinking it's the same grade. Since we are talking about $5,000 here give-or-take, he's not selling it to some rube but someone presumably who knows the market.

    I don't think the market for ungraded $1,000 bills is stronger than graded ones. If anything, he'll be UNDERBID by anybody interested in buying it.
     
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  10. GoldFinger1969

    GoldFinger1969 Well-Known Member

    MARGINS: The margins/borders look great on the back but mediocre on the front.
     
  11. thomas mozzillo

    thomas mozzillo Well-Known Member

    I was going to reply but @GoldFinger1969 said it better than I could. :)
     
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  12. SteveInTampa

    SteveInTampa Always Learning

    I would like to see a photo with side lighting @burningrock.
    Sometimes flat photos don’t tell the whole story.

    9D681851-8B2E-466F-8114-71B04FF3FC8A.jpeg 9F46710A-D00D-4791-A368-0DCACA90C7BA.jpeg
     
  13. ldhair

    ldhair Clean Supporter

    The grading fees are low in relation to the value. Some have stuff graded and crack it out if they don't like the grade the service gives it. I don't feel that's being honest but some do it.
     
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  14. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Missing the point ??

    As i have already said lf this is GEM note, it wouldnt make the 64 tier, so what
    are we talking about then a 63 ? , who wants a 63, i have hundreds of graded
    Notes and would never consider less then a 64 in a gem grade, now if were
    talking an A/U grade that would be something different entirely, again you
    Want to increase value !
     
  15. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Its the top boarder that counts in this case, looks trimmed to me....
     
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  16. GoldFinger1969

    GoldFinger1969 Well-Known Member

    First, it MAY grade in the 60's though I agree it doesn't appear as nice as HCC's $1,000 bill.

    But if it is a PMG 58, it is worth "X" amount of $$$.

    But if he never gets it graded, it's possible he'll be offered EF-type money for it.

    I never believe getting something graded is a money-loser UNLESS you have some Homer Simpson-type willing to grossly overpay for the bill because he/she overgrades it by 10 numbers. :D:D
     
    Last edited: Nov 20, 2019
  17. GoldFinger1969

    GoldFinger1969 Well-Known Member

    MPC, I get where you are coming from never wanting less than a Gem 64 bill....Ideally, I would too (Gem 65)....but lots of people are budget-conscious and as I have posted in the NEW ACQUISITIONS thread, there are lots of decent notes below that. The PMG 58 level has very nice-looking stuff, cheaper than stuff in the 60's but sometimes looking much nicer at 1st glance.
     
  18. Collecting Nut

    Collecting Nut Borderline Hoarder

    Just get it graded and post the results for us CT members.
     
  19. Michael K

    Michael K Well-Known Member

    A note can grade 55-58 without folds.
    As for the side lighting that Tampa Steve mentioned,
    the OP shows more flaws than the overhead lighting.
     
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  20. Packrat

    Packrat Well-Known Member

    Looks better than the OP note to me.
     
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  21. GoldFinger1969

    GoldFinger1969 Well-Known Member

    How does a cheat trim ? I presume they're not using fine scissors, right ? And how much do they trim off...must be in micrometers or fractions of a millimeter, right ?
     
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