Paper Money: New Acquisitions

Discussion in 'Paper Money' started by Dr Kegg, Dec 16, 2010.

  1. hotwheelsearl

    hotwheelsearl Well-Known Member

    I'm only getting partial pics for these too!
     
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  3. HawaiiCurrencyCollector

    HawaiiCurrencyCollector Active Member

    Hey guys, what’s your priority when looking at a note to purchase? I’m in a bit of a dilemma with some notes I have my eyes on. Would you rather go for a lower graded note with no comments or a significantly higher graded note with comments on the back slab if they were around the same ballpark?
     
    Last edited: Dec 13, 2019
    GoldFinger1969 likes this.
  4. SteveInTampa

    SteveInTampa Always Learning

    I’ve always been told that unless the note is extremely rare, stay away from problem notes.
     
  5. hotwheelsearl

    hotwheelsearl Well-Known Member

    For me, it depends on visual appeal. I'm not necessarily an "investor," as I don't expect to make any money, and often lose money if I ever sell.

    I look for notes that are pretty. If it's crisp and has a clear image but has a stain, I would prefer that over a low grade one that's tough to make out.
     
  6. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    It depends, as every situation is different but i would go lower graded
    Most of the time as comments or remarks kill value :(
     
  7. HawaiiCurrencyCollector

    HawaiiCurrencyCollector Active Member

    Valid advice. I’m more of a hobbyist and don’t look at my purchases as future investments.

    That’s exactly how I feel. I’d rather it be visually appealing than having to look at folds that run through the image.

    Sound advice. But I think for me it’s more about the aesthetics rather than worrying about holding value.
     
  8. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Comments and Remarks, will usually tell about Major problems in the note
    These would be stains, graffiti , Repairs etc, those would be allot more
    distracting then some folds.

    But you did not elaborate on what grades your comparing, i think if you
    Comparing an A/U grade to gem its a no brainer, A/U everytime :)

    If you would give us an example of the actual notes that would be a huge
    Plus.
     
  9. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Great question....I've been asking about that directly and indirectly with my posts.

    I agree with Steve...go for the best, highest-quality note you can buy. Avoid problem notes.

    Go back to my HAWAII WW II note.....I got a 67 with a 3-digit SN. Would it be better to have had a PMG 58 or even a 45 if it meant a SN < 100 ? How about PMG 35 with SN < 10 ? :wideyed:

    Eh.....I think QUALITY is always the most important thing to strive for, assuming you aren't paying a ridiculous amount because the scarcity is just too great. Some notes or coins you can't get Gem Quality or above because it simply is too much for 99.9% of us. :oops:
     
  10. GoldFinger1969

    GoldFinger1969 Well-Known Member

    One thing I have almost as a hard-and-fast rule with currency (and it's becoming one with coins, too): if the bill (or coin) looks notably mediocre (bad margins, lots of scratches) I really prefer the lower-graded item over the one that may be in the low-60's.

    I know there might be problems with a minor fold/crease or waves in a bill if it is PMG 58 or lower....but if it is tought to see, I almost prefer it OUTRIGHT (let alone for the money) than one that is way off-center and scores in the low-60's.
     
  11. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    First were talking about remarks and comments, who cares if its like 66 or
    Better, take it from someone that knows, even though i have a couple in my
    Collection and only because they came along once in a blue moon, i for the
    Most part ignore them, and they are very hard to resale and you will have
    To take less usually then you paid so not a real good position to be in.

    To answer your question the 58 for sure, 35,s would be a little to low as
    Those have more issues, 45 as long as its PPQ or EPQ as paper quality
    Is important as you go down the spectrum.
     
  12. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Here,s a 35PPQ note one of the rarer for that series so 35PPQ is not awful
    By any means, but still has a few issues that are very noticeable.


    [​IMG]


    [​IMG]
     
  13. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    and then taking it to the nest level.

    [​IMG]

    [​IMG]
     
  14. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    and then an A/U example:

    [​IMG]

    [​IMG]
     
  15. hotwheelsearl

    hotwheelsearl Well-Known Member

    Here’s a couple examples.

    1. This is a rare note with an even rarer RADAR aerial. However, does that special SN really warrant a limp rag with severe damage? I would have rather spend the money on an example without the SN but that was more visually appealing.
    AF9D769C-99C6-495F-9807-E5D4D59ACE5F.jpeg


    2. On the other hand, I have this. This is crisp, in the high XF range. However it does have edge damage and a nasty glob of something on the back. I paid VG or less money for this. I would rather have this damaged XF example than an undamaged but worn one.
    54E3CF34-5735-4344-8C57-D3CAA0C2D0C6.jpeg
    3917BD3F-6A92-47F7-81D6-1E70F80965BC.jpeg
     
  16. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Those are very extreme examples, as they are both not that appealing, value
    Would be greatly affected on each here,s a 15 with comments
    Which is way better condition then your first note would say it would be a 10
    at the very best.



    [​IMG]

    [​IMG]
     
  17. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Dont think its realistic to compare nothing more then a filler to even VF 30
    as your talking about a not with missing pieces.
     
  18. HawaiiCurrencyCollector

    HawaiiCurrencyCollector Active Member

    Went ahead and did a little splurging this morning on social media. Picked this guy up at a very fair price.
    023B8ADE-4DFA-4144-BF12-ABE1C43D0581.jpeg
     
  19. hotwheelsearl

    hotwheelsearl Well-Known Member

    I have a thing for somewhat worn notes. Some people like pristine 67 and 68s in plastic; I like things with more "character" and use.
    It's really neat to me that a bill that has the 2019 buying power of $9,700 was circulated so heavily. For a nation fresh out of the Great Depression, that's really something.
     
  20. HawaiiCurrencyCollector

    HawaiiCurrencyCollector Active Member

    I admit that I do like looking and purchasing nice/graded notes when possible. However, there’s also a part of me that’s very hands-on and wants to physically handle the actual note which is why I went ahead and purchased this one. Sure, it’s nice to be able to look at my graded $500, but to be able to physically hold and touch a note without worrying/feeling guilty about keeping its pristineness is a very euphoric feeling.
     
    Last edited: Dec 15, 2019
    GoldFinger1969 likes this.
  21. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I really like the A/U grades, very appealing and easy on the wallet...LOL
     
    GoldFinger1969 likes this.
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