Having a hard time pricing out this bill

Discussion in 'Paper Money' started by ace71499, Dec 29, 2017.

  1. ace71499

    ace71499 Young Numismatic

    Hey guys,
    I'm venturing into the paper money section of the forum... I do not frequent here, but sometimes gawk at the beautiful notes you all own. Anyway, I got a couple straps of 2 dollar bills for fun and found this note in it. I am having a very hard time figuring out its real value however, because I see nothing similar to it on ebay. I figured if anyone would be able to help me it'd be you guys. I might sell it, I might keep it, depends on the price really. I looked up sold listings on ebay, and they range from just above face to like 150x face, that is why I am confused (similar type listings, I haven't found one that says 128k print run) 20171229_180903.jpg 20171229_180910.jpg 20171229_180915.jpg
    Thanks for your help,
    Jason
     
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  3. eddiespin

    eddiespin Fast Eddie

    Put it in a plastic sleeve and show it exactly as you're showing it here on eBay. Start it off at $500. Say you're asking that, but you'll take their best offer. You won't get much beyond a deuce for it, here.
     
  4. Nathan401

    Nathan401 Quis custodiet ipsos custodes?

    It's a beautiful note, I'd save it for the beautiful vignette on the reverse. That's where the value over two dollars is.
     
  5. calishield

    calishield Well-Known Member

    Good to see you diversifying as well! I've been steadily learning and have had some real nice finds as well. Beautiful note! A keeper.
     
  6. Michael K

    Michael K Well-Known Member

  7. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"


    Hey Jason, nice bill and for sure on the rarer side, looks in really good condition
    As well, sense it is so rare you may wish to consider sending it in to either PCGS
    Or PMG for grading, based on what i see, would probably go a 66PPQ based on
    The margins, if it was more common i would say no, but it looks like a good candidate, just my two cents.
     
  8. ace71499

    ace71499 Young Numismatic

    If I may ask, everyone else said it wasn't worth anything, so would it even be worth getting graded? From what I see economy for this bill is 25 dollars, so why grade it if the price of getting it graded is higher than the bill is worth, you know? Curious to see your side of this.
     
    mikenoodle likes this.
  9. SteveInTampa

    SteveInTampa Always Learning

    Nice find @ace71499

    Personally, with the corner fold/bend, I do not believe it is a good candidate for third party grading.
     
    BunkerTrapMan likes this.
  10. calishield

    calishield Well-Known Member

    Grading does usually cost up to 25-30 dollars, so if rarity is not huge, could get that amount in regular sale without grading? Weigh and measure.
     
  11. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Well my resume is long, i have been collecting Military Payment certificates for over
    20 years, all are TPG graded, so getting something graded assures that one, the note is authentic and two the value, most of the time without discussion.

    The most important thing is to weigh is the value ungraded and graded and make
    A determination from there, for example, if you have note that is worth $500 thats going to cost $75 to authenticate you need to make sure that you will be able to
    Get that premium back, i like your note because it is very rare and people that collect $2 bills especially *STAR* notes may pay a big premium or may not its
    A crap shoot really in the end, but you need to remember this old saying
    "Its only worth what someone is willing to pay for it"

    And yes everybody has an opinion :)
     
    calishield likes this.
  12. lettow

    lettow Senior Member

    You do realize this is not a $500.00 note, right. It is not even a $50.00 note. Since your expertise appears to be MPC why are you even commenting on a note outside of your expertise?
     
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  13. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I was only giving an example, (If you HAD a note that was worth $500) i never said
    The note was worth $500, and i am commenting on my TPG experience and the over all rarity of the note itself, because there were so few printed in the run it
    Might be worth considering, my only point !
     
  14. SteveInTampa

    SteveInTampa Always Learning

    Plenty of these $2 New York stars on eBay.

    Graded examples (65PPQ) are selling for under $40. The print run may be low, but these are not considered rare.

    The BEP also printed 128,000 San Francisco star notes (L*) in April of 2012, and I have not seen any of these.
     
    Last edited: Jan 1, 2018
  15. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Well based on the rarity indicator above, there,s not much red left, LOL, so question
    What is your definition of rare? 128,000 isnt allot considering populations of other
    Green backs out there, and just because there are a few listed on ebay doesnt make
    it come and get it time, personally i do not like the 65PPQ grade, tells me right away
    The note has centering issues, i would much rather have a 64PPQ, so dont get to hung up on the fact there are a few 65,s , not desirable by many, including me !
     
  16. SteveInTampa

    SteveInTampa Always Learning

    A low print run doesn’t always guarantee rarity.

    The series 2004A $10 Atlanta Star (GF*) had a minuscule run of only 9,600 notes and every collector I know has one of them.
     
  17. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I think that,s more an example not the rule, even though allot of fellow collectors
    Have them the bottom line is there were only 9,600 made, and for sure i would want
    to seek out the lowest possible populations (per grade), i have several MPC,s that
    Are one of kind in there specific grading category so you cant get any rarer then that.
     
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