Thanks to everyone who answered and liked my previous post. Here is another part of my latest acquisition: a banded stack of 1957 B $1 silver certificates. There are slight creases on the band (visible in the photo). I have not gone through them to look for errors or anything else. What should I do in order to evaluate them? I am interested in the value, of course... I looked for other examples but came up empty. Any help/opinions are appreciated. TIA. (We have recently inherited a large and unique collection - that this is all a part of - so before I post any other selections, I should probably properly introduce myself.)
Welcome to CT @Wambemando. With gloves, you can easily remove the band and then check the notes, carefully. Pay attention to the serial numbers. Some people collect certain serial numbers and pay a premium. Do a search online about serial numbers to see what is collectible.
Nice pack. That’s towards the end of the run which ended with serial number Y12480000A. The notes should be consecutive and it’s possible a star note or two could be on the bottom. Gloves are not necessary, just wash and dry your hands well before handling. The pack appears to be maybe short a note or two...hmm.
Unfortunately, even in the best possible condition 1957,s (any series) don't bring much of a premium, I have several gem stars 67+ that are worth maybe $20 each and for sure not retiring early on that...LOL
I wasn't banking on a windfall with this... maybe the rest of the collection, who knows. Thanks for the input!
If you are looking to make money on it, they go well in auctions. https://www.ebay.com/itm/100-CONSEC...052467?hash=item3b3b6cbcf3:g:QdUAAOSwkoldszLm https://www.ebay.com/itm/1957-1-Sil...656067?hash=item3d98bef383:g:lpEAAOSwSlVd5xzU https://www.ebay.com/itm/1957-1-Unc...159770?hash=item41f085921a:g:vtIAAOSwoHJbTlpq Of course, getting those amounts is dubious, but hey, it's worth a shot.
But something to consider, the asking price is not always the selling price, many auctions are not priced correctly and the seller wants allot more then there worth as I always say something is only worth what someone is going to pay for it, really that's the bottom line.
"Not priced correctly" ? WTH does THAT mean ? Not priced to YOUR liking ? A seller can ask WTH-ever he wants. And the BEST way to gauge current market value is several listing cycles, with an INFLATED reserve (asking price) , to see how high bids actually go. Not priced correctly - P F F T T T . Pretty arrogant pal ... ed.: ...and speaking of 'correctitude' - you musta' been English Major in college ? THAN. And 'THEY'RE'... 2nd ed.: ALLOT ? Like an 'allotment' ?
I usually look for what has actually "sold". In this case I had trouble finding a similar example. I have a large and unique collection to go through - that's why value isn't the foremost concern for me - this is just the tip of the iceberg. It's daunting.
Theres a big difference between what someone is asking and what it sells for and that can be at any given time, for example the guy that would be willing to give you the extra $100 for what ever your trying to sell is at the lake with his chick, the guy that won't has got his computer and waiting for the auction to end not about being arrogant, its about common sense ! Value is based on what someone is going to give you for it, if he's not there guess what you get less.