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<p>[QUOTE=&quot;WingedLiberty, post: 1162045, member: 26030&quot;]Yes, I bought that $1 Education note raw off ebay (never doing that again!).&nbsp; </p><p>Certainly a very valuable lesson on what not to do.</p><p><br /></p><p>It was listed as a Crisp Unc 63 grade and I bought it in an auction for $1,125 ... ouch.</p><p><br /></p><p>I studied a lot of books and references on how to grade notes and even in hand</p><p>I thought it was definately UNC as I could see no fold lines at all.</p><p>(I never knew about the trick of always examining notes using special lighting, UV i think)</p><p><br /></p><p>In any case, I didnt get it graded by PMG until the eBay Guarantee Policy expired (my bad).</p><p>Imagine my shock when my nice UNC note came back as a VF25.</p><p><br /></p><p>In VF25 condition, it&#039;s worth about $400 I think???</p><p>So it was a $725 smackdown.&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" /></p><p><br /></p><p>In hindsight, I was lucky it wasnt counterfeit -- so at least it&#039;s worth $400.</p><p>In any case, it was &quot;Educational&quot; for me (no pun intended!)[/QUOTE]</p><p><br /></p>

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