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Graded World Notes - Selling Price vs Krause CV
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<p>[QUOTE="GoldFinger1969, post: 3715610, member: 73489"]I think for MOST bills, you are in the general ballpark. The relationship as you go up higher in quality certainly increases at a parabolic rate. Whether the price is 3x for a 67 depends on the specific bill or coin. Could be less @ 67 but more than 1.5x at 65.</p><p><br /></p><p><b><span style="color: #0000ff">The main factor as some have noted: how big a dropoff is the population</span></b> as you go from 63 to 64 to 65 (and here's where it usually shows a big jump)......66...67...68.</p><p><br /></p><p><b><span style="color: #0000ff">Also it will depend on how big the market is.</span></b> <i>Are we talking obscure 19th century bills where we have a limited number of buyers....or 1907 HR Saints where you have dozens or hundreds of online buyers at Stacks, HA, and Ebay ? </i>Liquidity is key....there are more buyers of 20th U.S. currency and coins than there are obscure foreign notes or pre-20th century U.S. currency.</p><p><br /></p><p>We also have to ask if we are quoting Bid or Ask prices...is it a price to SELL or a price to BUY. I find the price closer if it's the price I want to sell one. If I want to buy, even with your multipliers, I can generally add 20%. And that's not taking into account auction premiums, S&H, sales tax, etc.[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 3715610, member: 73489"]I think for MOST bills, you are in the general ballpark. The relationship as you go up higher in quality certainly increases at a parabolic rate. Whether the price is 3x for a 67 depends on the specific bill or coin. Could be less @ 67 but more than 1.5x at 65. [B][COLOR=#0000ff]The main factor as some have noted: how big a dropoff is the population[/COLOR][/B] as you go from 63 to 64 to 65 (and here's where it usually shows a big jump)......66...67...68. [B][COLOR=#0000ff]Also it will depend on how big the market is.[/COLOR][/B] [I]Are we talking obscure 19th century bills where we have a limited number of buyers....or 1907 HR Saints where you have dozens or hundreds of online buyers at Stacks, HA, and Ebay ? [/I]Liquidity is key....there are more buyers of 20th U.S. currency and coins than there are obscure foreign notes or pre-20th century U.S. currency. [I][/I] We also have to ask if we are quoting Bid or Ask prices...is it a price to SELL or a price to BUY. I find the price closer if it's the price I want to sell one. If I want to buy, even with your multipliers, I can generally add 20%. And that's not taking into account auction premiums, S&H, sales tax, etc.[/QUOTE]
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