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Message:: [QUOTE="krispy, post: 1323834, member: 19065"]What's "confusing" is your reinterpretation of my comments related only to the note in this thread. I never said the things you placed in quotes. What you recreated only distorts my words in your quotes. It's what you erroneously choose to see/hear without considering the factors that impact the value of this damaged $2 star note, this circulated, found in a strap note that's been presented in the OP.Period. You need not generalize that my comments ever applied to ALL of currency. At this time, given these conditions, this note is not worth more than face ($2) plus perhaps the cost to ship it to someone willing to buy it. That is what I said and that is the reality that you both, Numbers and Tbud, fail to comprehend in the child's play of your twisted argument. I never said anyone was wrong for wanting to put this note in their collection either. You did Numbers. You said that I said something which I did not say. I made a clear cut and informed factual statement from a reasoned perspective for the OP who came inquiring about this note with condition problems that limits it's value beyond face. I can't help you if you felt slighted or misread my words to suggest I meant you were "uneducated", but if my comments read in a blunt manner, that's just the reality of the case related to this note. Anyone who has to present this note, with the severity of damage to it and who does not do their own research to learn about the Series beforehand, and wishes to be told the value of the note, is presenting us with their limited knowledge of the subject. They must be prepared that what they hoped was an error worth money is in fact damage that limits the value of this note entirely, in the case of this note! Don't forget Numbers and Tbud, we are talking about one specific note, the note in the OP of this thread, not all of the world of currency. Of course not all collectors have the finest condition of notes in their collection. A high grade AU is less pristine than a high grade GEM note. A Series of note long out of circulation, like large size FRBN is going to command a premium across many grade ranges, but damage to any note works against the value for another note of the same condition without the damage. Not everyone can afford the best and not everyone can have the best example either, but given the factors of the note in the OP of this thread, please don't deviate and generalize my comments to apply to ALL of currency. The note in this thread is damaged and has no value over face. Find if you will the market value for the uncut sheets these would have come from, then find the value for damage, then see what similar notes have sold for, then throw in circulation conditions. If graded by PCGS this note would only come back "apparent" even though it's new or if it were uncirculated. The grading fees would obliterate the note value into minus value territory. Money better spent on a GEM note, perhaps even graded when you buy it, with no problems. Now someone may come along and in their naivety as a new collector, being yet still a less informed collector, or someone that Tbud has sent off in the world with his comments misinformed by suggesting the note should not be spent but collected (without explaining to the person about the damage and harm to value it means), then those lesser informed collectors may go right out and overpay for this note if buying or demand others pay more for it if selling. I never said they were "uneducated" to imply they were inferior or stupid as you have twisted my words to mean Numbers... but to suggest that it's okay to over pay for this note, is a grievous error that you both, Numbers and Tbud, are allowing yourselves to make. Both of you I should like to state, I actually considered better informed and more careful. Given the nature of this discussion you give me pause as to your motives, which seems only to delight in toppling my reasoned and straightforward informed comments from earlier. To what avail, you make yourselves look the fools for arguing with me instead of learning about why this note is not now worth more than face value. Also, Numbers, those "uglier" notes that you have pulled don't pertain to this thread, and are entirely within the realm of aesthetics and a subjective matter.  People have all sorts of eye appeal that speaks to them and helps define their collection, errors are one of them, but the note in this thread is just damaged, and while some may like collecting damaged notes for their collection, it does not mean the note in this thread is worth more than face value. As I said, cost is obviously a barrier in collecting many notes. Cost can prevent someone from owning a better example of many notes, and not everyone can have the finest example in their collection, so must settle on something less than perfect. BUT to overpay for something is clear evidence of not understanding its value or why something demands a certain price. Just as you are forced to understand the costs for better condition notes which you cannot afford because it stops you from paying any more to obtain it doesn't mean the reverse is true. Instructing someone to pay more for quality and not to over pay for problems and lacking quality is a big difference and it's one that many collectors often fail to understand, least of all, you two, Numbers and tbud. I never implied that others ought to collect like I do. I was asked by the OP what the note was worth and I gave my informed evaluation to someone who needed assistance. They can and at this point now, probably already have, made up their minds about this note. I have gone above and beyond to demonstrate how off kilter those opposed to my comments are because you fail to understand that one's decision to over pay for this note, does not mean it is worth that much. Buy a new car off the dealer lot, drive it around the block once, then return to the dealer and try to resell it for the same amount you just bought it for, you're not going to get your money back in full. What you paid is not necessarily what something is worth. Some people buy coins from the Mint and sell them the next day for many multiples of the retail price. It wasn't worth what the person paid for it from the Mint and in a few years, may not be worth those multiple that the second owner bought it for from the first owner who paid retail. Numbers, you said: "A market for notes like this one does exist; that's my only point." Of course "a market" for notes like this exists, it's called eBay and sellers are often found falsifying descriptions to make such notes look like authentic errors that are worth exploiting the less informed into paying more for them. Why do you think people come here when they find a slightly misaligned note or one with offset ink smudges, or cut funny like this "strange" note? They are excited by the prospect of flipping one for a lot of money like they see them listed for on eBay. Most are clueless to the amount of fakes on eBay and can't understand, let alone afford, what an actual error note fetches in auctions. They come to forums like this seeking answers because they don't know any better than the "market" trained them to think about such notes. And what do they have to contend with, jokers like you: Numbers and you: tbud, trying to overturn authentic, helpful advice as to the value and grade of, this note.[/QUOTE]

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