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Message:: [QUOTE="ikandiggit, post: 1531039, member: 16269"]Welcome to Coin Talk (paper money section)! As with any collectibles, some of the items (due to demand and rarity) will have a higher value attached to it. An error, depending on how dramatic it is will get a premium over a common note, the same as with coins. Even though one would like to be a purist and collect for the sake of collecting, avoiding the issue of "added value" is a mistake. Supposing you were to leave your collection of rarities to your kinfolk once you pass and they just took it to a bank and cashed them in without any thought of the "added value" just so they could pay for an oil change when in essence they could have sold them on the market and potentially bought a fleet of new cars. I've had customers that wanted certain rare and expensive items for their collection but did not want to pay the high price for them, stating "I'm just a collector. I don't care what the "value" is". Well, sorry but if I know it's worth $500 in the market, why would I sell it for $10 to someone who needs it to fill in a spot in their collection? I recently sold my entire paper money collection. Face value was maybe a few hundred dollars but I sold it for several thousands of dollars. Newbie collectors want to hit a home run and that's why there are so many threads asking the value of coins that to them look like something of value. Eventually, they'll give up and either collect for the love of collecting or go on to something else when they realize why some items have high value. It's because they are rare! There are probably thousands of threads in all the coin forums asking "is this a doubled die?". Just give an answer and move on to the next thread. It's been happening for generations and will continue to happen for many more. Nothing you can do about it.[/QUOTE]

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