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<p>[QUOTE="moneycostingmemoney, post: 2881584, member: 86367"]With the .99 I was talking about the opening bid price. There is always the chance that it will close at opening price, but that’s the risk you take. If you need to get a certain amount of money because you have a certain amount of money in it, and there is no need to attract an audience to other items you have up for sale or auction, use [USER=75143]@hotwheelsearl[/USER] s data to help you set a fixed price that will get you a reasonable profit if it sells. But if you have an item that doesn’t have enough market data to use to fill the variables, and you want to sell it, you’re at the mercy of the market to gauge your profitability. </p><p>For the case of a low serial star note I’d just hold onto it. If you won’t feel it’s value removed from your pocket put it in a protective sleeve and forget about it. It may take some time before the market tells you what it’s worth. </p><p>If you’re the adventurous type and don’t mind losing the money to increase your seller rating or get exposure for similar items you are trying to sell put it up for auction starting at .99 and see what it fetches. If there are enough people that want it the price will be driven by the competitive nature of bidding and you could make out. On the flip side it could close at a loss and 20 years down the road while you’re gazing at the paper currency pricing guide you’ll see the same note is fetching 500+x face value.[/QUOTE]</p><p><br /></p>
[QUOTE="moneycostingmemoney, post: 2881584, member: 86367"]With the .99 I was talking about the opening bid price. There is always the chance that it will close at opening price, but that’s the risk you take. If you need to get a certain amount of money because you have a certain amount of money in it, and there is no need to attract an audience to other items you have up for sale or auction, use [USER=75143]@hotwheelsearl[/USER] s data to help you set a fixed price that will get you a reasonable profit if it sells. But if you have an item that doesn’t have enough market data to use to fill the variables, and you want to sell it, you’re at the mercy of the market to gauge your profitability. For the case of a low serial star note I’d just hold onto it. If you won’t feel it’s value removed from your pocket put it in a protective sleeve and forget about it. It may take some time before the market tells you what it’s worth. If you’re the adventurous type and don’t mind losing the money to increase your seller rating or get exposure for similar items you are trying to sell put it up for auction starting at .99 and see what it fetches. If there are enough people that want it the price will be driven by the competitive nature of bidding and you could make out. On the flip side it could close at a loss and 20 years down the road while you’re gazing at the paper currency pricing guide you’ll see the same note is fetching 500+x face value.[/QUOTE]
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