The classic - 1880 $50 Franklin

Man...I hate that. You were obviously proud of the note, and I know many of us appreciated it and shared your enthusiasm. It sucks HARD that you have to come down from that.

Hope everything works out in your favor! Keep us updated.

 

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very nice bill!
i think dis is the 1st time i have ever seen that note!
thanks for the share

 

Regardless on the bad situation, its a beautiful note!

 

Thanks for sharing this one

:thumb:One very nice 1880 Franklin $50.00!
Gemmy!!!!

:kewl:

 

Good luck on seeing about a refund. I would hate to lose the note, but I'm sure you paid the amount for the higher grade and not the actual grade. Unscrupulous people out there I tell you! Thanks to vibr0nic for looking into that for you.

 

I have to admit that I thought ole' Ben Franklin was limited to $100 bills... so I find your post and picture to be very informative! Thanks!

Doug

 

I remember seeing a program that showed how these artist would doctor up very expensive movie poster. They used special fiber glue to patch edges, and paints to match breaks. However the time they put into these posters was out there, but these where 100 grand classics?
It's certainly a match! The fibres in the red seal are a give away! I HATE THIS TO NO END! I really feel your pain! 2800 bucks does not grow on the proverbial tree, and believe me I have about a dozen colorful metaphor I can through out there.

Hey guys lets pin a list of known paper doctors up top with links to services we can use to investigate high end bank notes before we purchase! I don't think my blood pressure can handle someone else getting burned! In the mean time I'm going to research how these SOB's pull this off, like I did with the coin toning. Knowledge is power!

 

I think this is a GREAT idea! :thumb:

 

If it matters, I used Track & Price to find the history of Legolas' note (as well as any note I consider for purchase). Here is a screen shot with the essentials of Legolas' note - you'll see his note/serial at the top. T&P is hardly cheap with an annual license fee in excess of $100 just for large size, but let's just say it has paid for itself many times over by helping me to avoid bad purchases.

While you certainly don't have to take my word for it, I will say that the 4 sellers in particular I mentioned in my first post have a consistent history of note doctoring along the lines of what Legolas' note suffered. I won't say they are the only ones doing this, but they are the most prominent on eBay at this point in time.

 

Great information

 

As another example, currencycounter working his magic.

This note..
http://www.ebay.com/itm/280665852721
Was transformed into this note...
http://www.ebay.com/itm/260840389474

"High Grade". Maybe he is referring to the quality of the chemicals used.

 

i rarely look at paper cash but nice.. really nice..

 

Like VibrOnic said, track and price is good investment if you are buying a expensive note. I bid and won a raw note that was described as CU, later I found out it was certified as AU, luckily I was able to void the purchase. Buying uncertified notes on ebay is similar to buy raw coins now. Have to be really careful.

 

Sorry, but I don't agree with you. If I took the time to post something that I bought, and someone else was able to give me information about it that I was unaware of, I'd want to know ... First, it would have been a learning experience. I believe in the old adage... Screw me one, shame on you. Screw me twice, shame on me. Second, it's instructive for the rest of us to know that stuff like this happens. Third, I'd want a chance to get my money back.

Doug

 

One other thing we can do to help ourselves: Exclude these sellers from our ebay searches.

Here are two pages with instructions on how to do it:
http://answers.yahoo.com/question/index?qid=20080508112315AABl3KR
http://paulberetta.com/ebay_exclude_sellers.htm

Personally, I have some saved searches and I am emailed when new listings appear. I was able to go into saved searches under my ebay and edit each search. After you click on "edit search" and the search opens up, on the left is a sellers option... go in there and exclude them. Save search over top of old search and voila... you won't see those sellers any longer.

Too bad eBay doesn't have a universal exclude list.

Doug

 

Good tip on how to exclude these guys!

A $1 Ed note currently being sold by Mr. Wood? I was seriously looking at this for purchase, and what do you know, the user name looked familiar! Thanks the vibr0nic's post. (I still think we need a pin?)
I have a bad feeling this note will be sold for twice it's value! He only has a couple of negs(he must be good at doctoring notes), one for trimming a very pricey large banknote!
http://www.ebay.com/itm/120767529405?ssPageName=STRK:MEWAX:IT&_trksid=p3984.m1423.l2648

 

Here is the account that bought the note on eBay. Could this be his front account for buying the notes that he doctors and resells?

http://feedback.ebay.com/ws/eBayISAPI.dll?ViewFeedback2&userid=wildndwonderful&ftab=AllFeedback

 

I believe you misunderstood, Doug.

I absolutely agree with everything you've said. I'd absolutely want to know as well.

What I MEANT to imply was empathy with the feeling of being excited about a new acquisition, only to learn that it is not what it was represented to be..in other words, the hatred that someone would misrepresent such an item, and defraud a collector as has happened here.

In no way did I mean to suggest that I hated someone providing an accurate, well researched, well documented history of the note in order to inform the OP and others of the true condition of the note, and the activities/reputation of the seller(s) involved.

Put another way...I hate that it happened, not that someone discovered it.

 

I like the way the denomination is written four different ways on the back. Great find!

 

oops... sorry for misunderstanding your sentiments...

Doug