whats it worth

Discussion in 'Paper Money' started by njpmoose15, Jul 3, 2011.

  1. njpmoose15

    njpmoose15 Member

    got this from my dad. he said he paid 120 for it.. whats it worth in your opinion. price.jpg price1.jpg
     
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  3. SteveInTampa

    SteveInTampa Always Learning

    An exact example, except in grade 66EPQ, sold for $89 at the Heritage Tuesday Night Auction on May 31, 2011. I haven't seen a 67EPQ in a while.
     
  4. njpmoose15

    njpmoose15 Member

    so what would be your guess on the price?
     
  5. Hobo

    Hobo Squirrel Hater

    Your note is a 'remainder' which means the note was printed but never issued. Your note was not signed nor was the serial number written on the note (as far as I can tell). Notes from the Canal Bank are very common (probably the most common Obsolete Note there is). Your note is still a VERY nice example.

    Dealers usually offer somewhere between 50% and 67% of retail. If a similar note sold for $89 dollars at auction that does not necessarily mean the dealer can sell it for that. My guess (and it is only a guess) is a dealer would pay somewhere between $40 and $60 (and that is based on the auction hammer price only).
     
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