Thank you for responding. Why do I need pics (which would take me another day to get)? I have given you a grade. If the grade is wrong, my paper dealer will tell me so. I'm not holding you to the grade. Or to make it simpler, what would the value be if it was graded VF by PMG? How about EF?
Why? Because every note is different and grading is subject. We can only guess that your grade is accurate but have noting to agree nor disagree with. What a person will pay for it also varies note to note within the same series and district. A guide book is no use for values either as it is not possible to apply the same value range for all notes of a given grade. Consulting eBay completed auctions or Heritage Auction archives will help you understand the more recent prices realized in auctions but not necessarily what the next note will sell for or should be expected to fetch. We simply need pics, look at any forum thread, without pics, few responses except requests for pics. Bad pics = bad estimates and few replies.
OK. I will try to get the pictures tomorrow. Would you happen to have the book values for those grades? Thanks.
You can also poke around on this dealers site to get a ball park of his prices. He may or may not have your note listed. http://www.fstctycurr.com/
PMG and PCGS Currency Grading Scales for Paper Money: • Paper Money Guarantee: PMG PAPER MONEY GRADING SCALE • PCGS Currency: PCGS Numerical Grading Scale
The problem with that statement is that it is untrue. Pictures all too often do not tell the truth but rather hide or obscure the truth. Poor pictures fail to reveal all the necessary detail and can be manipulated to mask reality or alter it in such a way as to convey something else or distract attention to a problem. We see photos on eBay used in such manner to hide relevant problems with any given item in order to sell an item or achieve a price for something much higher than it is worth. As I mentioned earlier, a scan of a note provides a truer representation of a note but can also hide problems we cannot see due to harsh illumination, distorted color, etc. Images are not perfect, seeing a piece in-hand is the best option for assessment. However, then we must evaluate factors of a somewhat subjective nature. That is, knowing how to grade, which requires time and experience handling and seeing a given thing to know how it should grade, which is why I gave for your reference the two TPGs grading scales in an earlier reply. Here's some information on the run of the Series 1969 $20 Put together a grade for the note based on the factors you see in hand, combined with statistical information for a series of notes (printages) and what prior examples in the same grade have recently sold for in auctions or other sales and you can arrive at a general idea of the notes value. These images are not sufficient for anyone to tell you what the note is worth, but from what I can see, evidence of heavy circulation, major creases, surface wear, and so on, if I were to offer you a price for this note, I would say face value plus shipping. Circulated notes just don't command as much value as you would hope they might for something like a star (*) alone being present. Especially modern small sized notes, in such massive print runs and which were also widely collected (set aside in untouched packs) when new, that unless your example is also Uncirculated and preferably Gem, most paper collectors of such series of notes will simply wait to buy another one when one comes around. Some exceptions would be very small printages, certain short runs of a given signature, design feature changes (micro letters, wide and narrow aspects), error notes and the web press notes. But this does not apply to your note, and not with some 3,040,000 star notes extant and in the given condition.
