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<p>[QUOTE=&quot;lettow, post: 297673, member: 6986&quot;]The South Carolina Railroad Scrip is one of the most common state issues.&nbsp; Until fairly recently, uncut sheets of notes were available for under $100.00 with individual notes going for about $20.00.&nbsp; These prices remained steady until they someone got the idea of marketing them on Ebay.&nbsp; If you look around you can still find them in dealers stock at a fraction of what they go for on Ebay.</p><p><br /></p><p>What you see on the market are notes from these sheets which have been cut up.&nbsp; They have been third party graded and are being hawked as rare notes when they are not.&nbsp; Hundreds of each denomination are known to exist.</p><p><br /></p><p>Since the notes on the market were unissued, most of them are going to grade high.&nbsp; If you believe in the TPG grading scales, they are all likely to be 60 or above.</p><p><br /></p><p>The unissued notes are available in such a large quantity because their circulation was prohibited by the United States Supreme Court who determined that the notes violated federal law.[/QUOTE]</p><p><br /></p>

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