Now I'm not talking about some regular notes that you see everyday. Been a collector of world bank notes among US, I sometimes find myself trying to determine how much to bid on an item. When it comes to an uncommon or rare bank note where there is no completed listing. And where there is either no Heritage archive or a very outdated realized value, I find it difficult to determine price. The only thing I can think of is the World bank note catalog published by Krause. But even thats outdated and mostly off. Is there another site or source that helps you determine realized prices?
Standard Catalog of United States Paper Money A Guide Book of United States Paper Money Track & Price Software The books and software also compile their valuations from past auctions. The prices are all estimates and should be taken as a rough guide. Most online auctions close way below book value, in my experience. And the actual price depends on how many interested buyers there are and how much they are willing to pay for a particular item. It can vary greatly.
I don't use SCWPM, for the same reasons you've noted. But Owen's Banknote Book is coming along very well and pricing is much more relevant in it. Specialized catalogs also help a lot, often giving printing numbers or rarity figures that give a good clue to relative values. Dave
Thanks, I heard about the book but did not know how good it was. I'm going to have to save up and buy both vol. 1 and 2.