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Keep Or Spend 20$'s

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 26 / Views: 2,939Next Topic Page 2 of 2
Pillar of the Community
Canada
4944 Posts
 Posted 03/17/2014  9:48 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list
I would spend it.

These always show up on ebay, and from time to time they sell for a slight premium.
Valued Member
Canada
71 Posts
 Posted 03/18/2014  12:02 am  Show Profile   Bookmark this reply Add ivan123 to your friends list
Spend it

You will find bills like those again and possibly a nicer one, Spend it on something nice, possibly coins or bullion. I don't think its worth the hold.
Pillar of the Community
Australia
1874 Posts
 Posted 03/18/2014  12:41 am  Show Profile   Bookmark this reply Add flippy to your friends list
I wouldn't keep it, but you could put it on ebay and see if you can get more that $20.
Valued Member
Canada
293 Posts
 Posted 03/18/2014  2:53 pm  Show Profile   Bookmark this reply Add GaryN to your friends list
Not sure why people are recommending ebay? Even if you were to get $30 for it, by the time you pay for shipping and fees, you're loosing money, and that's if the Post Office actually gets it delivered. If you dont pay the $15 to send it Registered Mail, they sometimes dont arrive, and then you're out even more. SPEND
Pillar of the Community
Canada
532 Posts
 Posted 03/18/2014  6:10 pm  Show Profile   Bookmark this reply Add Fixguy to your friends list
I'm thankful for the input from the membership. I think I'll keep hold of these for posterity. It's a flaw I haven't seen before but noticed on E-bay. I certainly wouldn't pay 30 dollars for it but for forty bucks I got to increase my collection size and maybe in a few years we may find out that those series runs weren't long due to the shift or something. I've never sold on E-bay, maybe someday. I'd prefer to go to a show myself. I like the personal honest up front feel of it but times are changing for this old fart.

Pillar of the Community
Canada
3049 Posts
 Posted 03/19/2014  3:14 pm  Show Profile   Bookmark this reply Add AgCoinAu to your friends list
This is not considered an error in my opinion... for two reasons... #1 this offset is still within what is considered allowable contraints...

#2 this happens so frequently you will come across an offset digit (especially the last digit on the earliest issues) quite often..

I feel sorry for people that are paying good money for something that they will never see a return in... but that's their fault ...

I also feel sorry for the seller... esp. if this seller has any sound knowledge in banknotes they also KNOW this is NOT an error.. but are misrepresenting something.. which in the end may deter someone from this hobby.. and they're knowingly selling their dignity for a couple bucks...

Fixguy... your notes are NOT errors.. keep 'em if you think they're neat.. .spend 'em if you wish... but please don't try and profiteer by calling them an error...it will do more harm than good to this hobby.
Valued Member
Canada
279 Posts
 Posted 03/20/2014  01:11 am  Show Profile   Bookmark this reply Add gord to your friends list
you could donate them and feel real good..:)
Pillar of the Community
Canada
532 Posts
 Posted 03/20/2014  7:16 pm  Show Profile   Bookmark this reply Add Fixguy to your friends list

Quote:
Fixguy... your notes are NOT errors.. keep 'em if you think they're neat.. .spend 'em if you wish... but please don't try and profiteer by calling them an error...it will do more harm than good to this hobby.


Sorry if by using a word I make you think I'm ruining collecting. I guess that's all part of learning about terminology.
As I said I don't sell money, so no worries about me ruining the hobby. Being told that by you is as big a turn off to collecting I guess as being sold this bill as an error.

I only hope one day to be as keen on terminology as others. Till then I guess I'll keep my thoughts to myself and let others post threads.
Pillar of the Community
Canada
2427 Posts
 Posted 03/20/2014  7:55 pm  Show Profile   Bookmark this reply Add darryldarryl to your friends list
@ Fixguy... ask as many questions as you want and post what you want. This is what the forum is all about.
Don't get spooked by something that you believe is a negative comment as it is tough to gauge written text.


Edited by darryldarryl
03/20/2014 7:57 pm
Pillar of the Community
Canada
3049 Posts
 Posted 03/20/2014  10:35 pm  Show Profile   Bookmark this reply Add AgCoinAu to your friends list
Ohh snap... fixguy... please ask as many questions as you like... make as many threads as you wish.... I think my intentions have become discombobulated somewhere...


Here's the deal... I don't think that an offset numeral to this degree is an error. I personally believe that the people that call this an error, then try to sell them on e-bay and similar places are well... shiesters or snake oil sales people.

It's similar to a person listing a coin and calling it RARE when it's very very common. They are only doing it to try and generate sales.

If you were to list this note as "$20 polymer with offset numeral" I have no problems with that... it's the intended use of the word "ERROR" when it isn't an error that bothers me.

Nothing you have done to this point bothers me... you had a question about your notes... and I simply have given you my opinion about those that describe notes like this as errors...

Please let me clarify that I do not think that YOU are ruining the hobby... not in a long shot.. I believe that people that SELL these notes using the term ERROR are ruining the hobby. There is a very large difference. I'm sorry if you misconstrued my words to think that YOU were ruining the hobby... that is not the case... I was just asking you not to join the ranks of such deplorable sales people. As it stands my impression of you still holds of a stand up individual and I hope I have not discouraged you from this hobby... but I also want it to be clear at no point in any of my threads was I ever claiming that YOU are ruining this hobby... I will be a lot more careful with what I say, but I think you must not interpret things so personally against you.
Bedrock of the Community
Australia
21788 Posts
 Posted 03/21/2014  05:37 am  Show Profile   Bookmark this reply Add sel_69l to your friends list
Simple rule:
If the notaphilic value is at least double face value, keep it.

At an average inflation rate of 4% over 40 years, the actual buying power of the note will only be about 20% of what it is now, in 40 years' time.
That would be compensated for, if the notaphilic value covers the loss in value due to inflation.

That explains why interesting lower face value notes tend to be collected, rather than higher face value notes.
Pillar of the Community
Canada
532 Posts
 Posted 03/21/2014  11:14 pm  Show Profile   Bookmark this reply Add Fixguy to your friends list
I'm glad for the clarification and thanks
Bedrock of the Community
Canada
10743 Posts
 Posted 03/22/2014  07:10 am  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list
Fixguy...This Forum is for members to ask questions and post photos of their coins and notes, we want you to be active here so, keep posting all your questions.
Pillar of the Community
Canada
2427 Posts
 Posted 03/22/2014  07:57 am  Show Profile   Bookmark this reply Add darryldarryl to your friends list
Glad to see you back Fixguy.
Edited by darryldarryl
03/22/2014 07:58 am
Valued Member
Canada
55 Posts
 Posted 03/24/2014  7:08 pm  Show Profile   Bookmark this reply Add andrewbi to your friends list
Whats so special about this note? Just 3 numbers the same?
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