Hello everyone. I have been reading the forums here for several years. I am a casual collector and I have learned a lot to say the least by just reading CT daily. I am impressed by the knowledge and erudition of the members. My question today concerns the link below. Bills like the one in the link have been posted here at times and I believe the members almost always if not 100% of the time tell the posters their notes are not worth more than face value. Now I see this listing for a $1 bill with one slightly raised numeral that PCGS has seen fit to call an error note and the seller expects quite a premium. So I guess my question is are these really 'error notes' or just minor anomalies and should they be considered valuable or not? Obviously PCGS has seen fit to give it the error designation.I have seen similar notes from time to time but based on the input from CT have not given them a second look. Maybe this has something to do with only one numeral on one side slightly misaligned rather than the twin on the other side also out of place?? Is it time to change the way I think about them? What am I missing? Do any of you save them? I look forward to hearing from you. Thank you https://www.ebay.com/itm/GEM-2006-1...694752?hash=item4418f830e0:g:QoEAAOSwZMNaijE1
I defiantly would not pay that it might be a nicer grade but that "error" is common. but that is my opinion.
You’ve probably seen a lot of threads of ppl asking if they should send a coin in for grading. And there’s some math involved of getting your money back. Also, have you seen threads of eBay auctions of ppl getting damaged pocket change graded and they were trying to sell? Getting something graded is easy. You mail it in witH your money. Having it be a profitable endeavor is another thing entirely.
Those digits can be high or low, it's nothing. It would have to REALLY be out of alignment to be anything.
Bvilleboy, a New Member, who's been reading the forums here for several years ? To pay over $100. for a wasted grading only confirms that you're a New Member. For $100.- you could purchase a few valuable ancients, that wouldn't even need grading. But ignore my advice and do what you like -it's up to you !!!
I would not give him the cost of having it certified. Big deal the number 7 is higher.If it was a low number bill that would be something else to consider . so it a 1 dollar bill with a high 7 , and I think he wasted his money getting it certified. It is an error, but is it worth 75 dollars? This is why it was certified so he can use it to make a big profit on nothing . Like the other member said put your money into something that at least has the value you pay for it, and hope that the value is more. We all like a deal so when buying from eBay sellers always make them an offer first before purchase . There is a good chance your offer will be accepted as long as your not trying to lowball somebody or get it for nothing. Welcome to the forum . Dillan
The adage "buy the coin, not the holder" also applies here. Serial numbers with high or low digits can easily be found in general circulation. Find a bank that has nice new strapped bills, look through them for high and low digits, keep any you find, and return the rest. You just saved at least $74. The grading for a bill with this minor of an error is just not worth any premium.
Yes, I agree with the others, it's not that uncommon nor worth that premium, IMO. You can purchase books on US currency error notes if that's what you are interested in. Keep educating yourself is what it's all about.
