Craigslist ad posted in my area, I cant believe the price, but then again I do not collect paper money. What do you guys think.
Top pop notes are fickle, and prices have come down on this Fr.230 over the last 10 years. A PCGS 68PPQ sold last year for just over $11,000, and 67PPQ's sell for $2,000. I would guess it would sell for around $15,000 - $20,000. All you need is two bidders with deep pockets that want it for their collection or registry set.
Very nice and if it's your thing buy it. I believe it to be a great note to have. I would prefer and have spent that kind of money on paper bills and would do it again but I only pay that for a CSA graded note.
what! $55K are you serious? I have a hard time with a $200.00 buy most times. gulp,gulp, that's a hard egg to swallow.
I just don't understand why a note like this would be listed on Craigslist. The sales pitch is also over the top. The collector who would buy this does not need to be told this is an "AMAZING" note or "long term prized". They would know exactly what it is by just looking at the photo.
I also think it's sketchy that it's on Craigslist. If something is wrong with it, you have basically zero recourse other than trying to get local police involved.
I am in no position to make a purchase of that amount! I was just inquiring about the price of it, whether he was asking a decent price or if he was out of his mind. He does state in the listing that he would sell through a 3rd party, ie heritage. I just could not believe that note showed up in craigslist. I am thinking it mist be from a different area and he is just advertising it in different cities to get more feedback.
I have one in XF 40 that looks nice , but you can see slight folds when held to the light. With the example the OP posted, I wouldn't pay that much, especially since it doesn't have the EPQ designation.
I have noticed the top and bottom margins on these notes appear very narrow, not on all but many. the one I own is very similar to Hommer's. Were they tightly printed on the master sheets? It doesn't give the cutting process much room for error. FYI: Mine was purchased 5 years ago.
I don't collect paper money but my rule of thumb for valuable coins appearing on Craigslist is Ppppppfffffffttttttt
While I agree that such an item on Craigslist is odd, we must remember that it is just an advertising venue, and a free one at that; as the old saying goes, "nothing ventured, nothing gained". The seller's willingness to proceed via a 3rd party also suggests this is nothing more than him trying to get a few sets of free eyes on the note rather than actually expecting someone to directly purchase it in a McDonald's parking lot. As for having zero recourse, perhaps, but such situations also promotes buyer due diligence and personal responsibility, both of which are sorely lacking in much of this hobby today. I realize it is hard for some (not you, Paul) to fathom, but there was a time when the great overlord ebay wasn't there to protect the stupid from themselves, and people were actually forced to think about and accept responsibility for their own purchasing decisions. Crazy talk, I know! On a lighter note though... I was surprised that the "original owner", at his surely very rip old age, both knows of and how to use Craigslist. Gotta love a salesman.
