Warning!~Horribly Over Priced Error Note~

Discussion in 'Paper Money' started by clembo, Jun 26, 2010.

  1. Duke Kavanaugh

    Duke Kavanaugh The Big Coin Hunter

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  3. RickieB

    RickieB Expert Plunger Sniper

    Clembo..

    I think you know me as a man of my word and as a collector of off set errors I too think for A PARTIAL OFFSET ERROR LIKE THIS ONE IT IS PRICED WAY TO HIGH.

    There are many offset's that are worth a nice premium and I own several of them..an example that comes to mind for partial offsets are 3 consecutive numbered $20 note's I picked up for for $125.00

    It seems to me this seller is preying upon uneducated people to say the least.
    I detest flea-bay and have never ever used it as a means of adding notes to my collection. I am sure there are some honest Dealers on there but for the most part it's dirtbags like that seller.

    I agree with your Thread Title...

    Here are the 3 $20's as an example mentioned above.

    Regards,

    RickieB


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    Here are a couple of more I have scanned..many more not scanned.

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  4. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    We have all bought things that were priced to high!! but what it really
    Comes down to is what makes you happy! and what your willing to pay!
     
  5. clembo

    clembo A closed mind is no mind


    Thanks RickieB.

    I wouldn't have bothered to post this auction had we not had a similar note up for grabs where I work.
    Ours went for a fair price. Somewhere, someone will be happy with the purchase.

    We could put stuff up every day with a bunch of hype and hope some sucker comes along. Sometimes items go lower than expected (this is why there are reserves) and sometimes they go higher than expected.

    We had another note sell today on ebay. A 1929 $20 National from West Frankfort Illinois. It had a tear on it that was mentioned and easily seen in the scans. The reserve was $150. It sold for $482. Apparently a few people wanted it but we didn't have a five page auction about how "rare" it was because numbers indicated it wasn't all THAT rare.

    We didn't look for suckers. We put it up for sale with a reserve. Apparently a few people wanted it.

    We research before listing then determine a fair price. Of course we do this for a profit as that's what one does in the coin biz after all.

    If I had no morals I could be like Forrest Gump. A gazillionaire.
     
  6. coinup

    coinup Junior Member

    it's like anything else - worth what someone will pay for it...
     
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