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<p>[QUOTE="Cherd, post: 1408267, member: 24754"]Hey Guys,</p><p><br /></p><p>I've been collecting coins for quite awhile and haven't been able to add much to my type collection lately, so I started thinking that it would be pretty cool to start add some currency to the type collection display. I basically have zero knowledge when it comes to currency, but I figured that my coin knowledge should carry over into making good decisions about condition and value. I went to a local auction earlier because I heard that they were going to have some coins. The coins ended up being of no interest to me, but they did have a random selection of old currency. They had some large-size and small-size notes, all of which were in pretty rough shape. The one exception was a 1928 $100 bill. I gave it a good lookover and could not find any imperfections that I felt were all that significant. There's a little brown spot below the M in America on the obverse and a faint brown linear stain visible on the left side of the reverse. I figured that it had to be at least AU. I had the most current Greensheet on my laptop (came with the Greysheet digital download), so I looked it up. The values listed are $170 for AU and $200 for CU 60. I ended up winning it with a $200 bid, which was a bit more than I was wanting to pay, but I was still pretty happy with it at the time. Here it is:</p><p><br /></p><p>[ATTACH]170297.vB[/ATTACH]</p><p>[ATTACH]170298.vB[/ATTACH]</p><p><br /></p><p>So when I got home I was taking a closer look at it and realized that the white spaces on the left and right edges look a little thin. I took a $1 bill out of my wallet for comparison, and upon lining them up it was evident that the $100 is about 1.5 mm shorter than the $1 bill. Could the bill have been made this way, or does it mean that someone has recut the edge to hide some type of imperfection? If it has been cut, how does that affect the grade and/or value? Did I get totally hosed here or what? I suppose it would serve me right, it wouldn't be the first time that I've learned the "don't buy stuff that you don't know" lesson. Thanks in advance.[/QUOTE]</p><p><br /></p>
[QUOTE="Cherd, post: 1408267, member: 24754"]Hey Guys, I've been collecting coins for quite awhile and haven't been able to add much to my type collection lately, so I started thinking that it would be pretty cool to start add some currency to the type collection display. I basically have zero knowledge when it comes to currency, but I figured that my coin knowledge should carry over into making good decisions about condition and value. I went to a local auction earlier because I heard that they were going to have some coins. The coins ended up being of no interest to me, but they did have a random selection of old currency. They had some large-size and small-size notes, all of which were in pretty rough shape. The one exception was a 1928 $100 bill. I gave it a good lookover and could not find any imperfections that I felt were all that significant. There's a little brown spot below the M in America on the obverse and a faint brown linear stain visible on the left side of the reverse. I figured that it had to be at least AU. I had the most current Greensheet on my laptop (came with the Greysheet digital download), so I looked it up. The values listed are $170 for AU and $200 for CU 60. I ended up winning it with a $200 bid, which was a bit more than I was wanting to pay, but I was still pretty happy with it at the time. Here it is: [ATTACH]170297.vB[/ATTACH] [ATTACH]170298.vB[/ATTACH] So when I got home I was taking a closer look at it and realized that the white spaces on the left and right edges look a little thin. I took a $1 bill out of my wallet for comparison, and upon lining them up it was evident that the $100 is about 1.5 mm shorter than the $1 bill. Could the bill have been made this way, or does it mean that someone has recut the edge to hide some type of imperfection? If it has been cut, how does that affect the grade and/or value? Did I get totally hosed here or what? I suppose it would serve me right, it wouldn't be the first time that I've learned the "don't buy stuff that you don't know" lesson. Thanks in advance.[/QUOTE]
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