Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Paper Money
>
Inverted Star from 1935 Double Date Series
>
Reply to Thread
Message:
<p>[QUOTE="funkee, post: 1817432, member: 37925"]That seems to be the consensus among dealers, but not so much collectors. Dealers are considering the inexperienced collector who wants something flashy. But that's not really the case.</p><p><br /></p><p>I talked to over a dozen dealers regarding my inverted "M" as "W" note (the opposite of what Numbers is referring to). It was the 2nd one known, and came back from PMG as VF20; to date there are only 3. At the time there were 2, and no dealer wanted any part of it. HA.com estimated my note between $1,000 and $1,500. I ultimately put it up for auction because I was not getting any bids at $1,000. It sold for $567.77 out of a population of two. </p><p><br /></p><p>The discovery note at VF35PPQ is still for sale. It was listed on HA.com, with an estimate of $7,500 - $10,000. With a starting bid of $6,000 it never sold. Denoms picked it up from the original holder, and still has it for sale as the "discovery" note, even though there are now 3 known.</p><p><br /></p><p><a href="http://www.ebay.com/itm/1-1935F-INVERTED-M-DISCOVERY-NOTE-PCGS-35PPQ-/141000392985" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.ebay.com/itm/1-1935F-INVERTED-M-DISCOVERY-NOTE-PCGS-35PPQ-/141000392985" rel="nofollow">http://www.ebay.com/itm/1-1935F-INVERTED-M-DISCOVERY-NOTE-PCGS-35PPQ-/141000392985</a></p><p><br /></p><p>He's asking $4,250 and I don't think he'll ever get that price. Sellers need to dispose of these quick, because buyers are hesitant about dropping big bucks, knowing there's a good chance more will be found. The longer a seller holds out for big money, the likelier he/she will lose money altogether.</p><p><br /></p><p>I got $567 for my note. If I held out at a higher BIN with no bites, and gave in today with a no-reserve auction, I would have certainly gotten less. </p><p><br /></p><p>TLDR: Sell it quick.[/QUOTE]</p><p><br /></p>
[QUOTE="funkee, post: 1817432, member: 37925"]That seems to be the consensus among dealers, but not so much collectors. Dealers are considering the inexperienced collector who wants something flashy. But that's not really the case. I talked to over a dozen dealers regarding my inverted "M" as "W" note (the opposite of what Numbers is referring to). It was the 2nd one known, and came back from PMG as VF20; to date there are only 3. At the time there were 2, and no dealer wanted any part of it. HA.com estimated my note between $1,000 and $1,500. I ultimately put it up for auction because I was not getting any bids at $1,000. It sold for $567.77 out of a population of two. The discovery note at VF35PPQ is still for sale. It was listed on HA.com, with an estimate of $7,500 - $10,000. With a starting bid of $6,000 it never sold. Denoms picked it up from the original holder, and still has it for sale as the "discovery" note, even though there are now 3 known. [url]http://www.ebay.com/itm/1-1935F-INVERTED-M-DISCOVERY-NOTE-PCGS-35PPQ-/141000392985[/url] He's asking $4,250 and I don't think he'll ever get that price. Sellers need to dispose of these quick, because buyers are hesitant about dropping big bucks, knowing there's a good chance more will be found. The longer a seller holds out for big money, the likelier he/she will lose money altogether. I got $567 for my note. If I held out at a higher BIN with no bites, and gave in today with a no-reserve auction, I would have certainly gotten less. TLDR: Sell it quick.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Paper Money
>
Inverted Star from 1935 Double Date Series
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...