Have Some Old Banknotes - Help Appreciated

Totally respecting everyone's opinion or believes here.

However, who in their right mind would even, considering the annual fee for insurance, pay for an appraisal for insurance purposes.
next question and please note: I do not wish to get into a back and forth, well, buts, maybes, you are out to lunch etc, and: how dare you say! situation.
I am speaking out of personal experience and ask: which dealer can or would guarantee a certain price (appraisal) for a certain item and be unbiased? I mean totally unbiased! And not calling a "friend' and tell them to make an offer.(remember.. I experienced this personally in a scenario very close to the one on hand where I was asked what to do, where to go to find out)
it is easy to say: according to the latest and current catalogues, the present evaluation is..
IN MY OPINION ....xxxxx dollars.... and my fee is...

As I said: please, NO challenges, because I would have to possibly say a name... and will not.
But Pacific, next time we meet, you need to buy a lot of beer..(maybe our next auction in May)IPA, shipwreck, to make me say who. Or better, Glenn Morangie d'or scotch.
A written appraisal has to have a foundation and has to be based on facts, not just opinions.
If someone just wants opinions, well, pay 20 dollars for a opinion of a TPG grade and buy yourself the latest Charlton paper book.
It is right there. remember, there are NO professionals in the Numismatic business because there are NO regulations concerning Grades. There are only some persons with more experience than others.
Professionals do have a legal liability when paid for their work. If they are wrong, they can be sued.
Then it is up to an Insurance underwriter to accept or NOT, the credentials of someone's appraisal and to issue coverage.
OR to the owner of the item in question to accept what he paid for or not...
BTW, my personal issue mentioned above was solved very easy.
I told the owner what I would pay for these notes and gave her 5 names of dealers (BC, Alberta and Saskatchewan )where to send the list to and ask them if they were interested. (I made the list and took images of 21 french key notes). that was 5 weeks ago. Only one has replied so far with a request to see the notes.
Does that tell you something? The notes are now back in Alberta where she lives.
My advise was that the best bet to sell them is to a serious collector, negotiating Face to Face.

What a display..

Thanks everyone for your advice. Glad I was a conduit to some rather direct dialogue on how to handle this collection.

Pacific, you said it right...Opinion.
I suggest you google and also check it in Websters the word and meaning of a Professional.
YOU should know that with your post you are just about to open a huge and possibly embarrassing (for many dealers)"can of ugly worms". You are right, explaining the existing problems and suggesting in what you wish to be true regarding dealers, and it may be true with a very few dealers. BUT not with the majority of them.

Many, but not all can perhaps be called Experts because of their experience. But that does not make them professionals. Heck most do not even have liability and or malpractice insurance which I believe is a requirement for a professional!


here are the definitions of a Professional. please read them carefully. And please do not try and interpret them to suit any coin dealer.

Professional : Definitions (1)
1. Person formally certified by a professional body of belonging to a specific profession by virtue of having completed a required course of studies and/or practice. And whose competence can usually be measured against an established set of standards.

A profession is a specialized occupation characterized by intensive training leading to a professional degree and subsequent licensure.

Profession - Definition
A profession is a vocation founded upon specialized educational training, the purpose of which is to supply objective counsel and service to others, for a direct and definite compensation, wholly apart from expectation of other business gain.
"Liberal professions" are, according to the Directive on Recognition of Professional Qualifications (2005/36/EC) "those practised on the basis of relevant professional qualifications in a personal, responsible and professionally independent capacity by those providing intellectual and conceptual services in the interest of the client and the public".

Seriously 47P7, you are trolling now... your last post is completely an off-topic, and unsubstantial tangent to this thread. You are entitled to your opinion, as others have the same entitlement right to disagree. The latter part of that sentence seems to be something you cannot accept, and insist of shoving your opinion down our throats.

I will address one topic:




I for one, have paid for a professional opinion of my collection for insurance purposes. I do it about every second year. Anyone who has coin insurance and has been robbed - painfully knows that you have to provide proof of value... when a collection gets to be of substantial value, it is worth it. I also get my wife's jewelry appraised on a regular basis - for the exact same reason.

Other major collections consigned to auctions, have paid people for professional opinions and appraisals - it is part of the business. The advice given in this thread has been perfectly acceptable.

Your assumption of us being "not in my right mind" speaks of blatant ignorance of the professional side of the hobby. You are painting a negative opinion of all coin dealers with a broad ugly brush. That is my opinion. Maybe I should comb through the archives here, and email all the dealers in Canada a collection of your comments about coin dealers made in the past years - if you really want to see their ugly side.

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Lastly, If you can't control your confrontal posts of little or no numismatic substance here - that is a problem easily solved. You have been removed from CCF once before, and I can assure you, it can will happen again....

Hugh Wood does offer insurance to RCNA Members. I insure my collection, coin show inventory and even items in transit (to PCGS or auction purchases) with Hugh Wood. It is my responsibility to provide 'proof of value'. In a business where coins are bought and sold with cash deals, appraisals are necessary.

That said, I may have to get some errors re-appraised, the hammer price on this shocked me:

http://www.icollector.com/1Mint-Err...63_i21394940


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To the original poster: you have obviously something more than a shoebox full of old bills - this was a collection.

1. If you do seek the opinions of coin dealers, remember that it could be worth your while to seek 2nd opinions from other dealers.

2. If you want an independent opinion - try contacting Jared Stapleton. He is a paper money collector, dealer and current president of the Canadian Paper Money Society. He could easily offer you advice based on your photographs (since he is in Toronto). I can personally vouch that his opinion will probably be one of the best in Canada.

http://www.cpmsonline.ca/executive.php

Thanks all. Due to the amount of secondary discussion on my post about many other topics, I have decided to upload closer photos of the scarcer notes on another forum (on the advice of another member). Apparently the Chartered bank notes are quite a specialty. I do appreciate all the names and contacts provided and will take them into consideration once I have a better overall understanding of the valuations (very little online). Its a good sized collection, but a lot of very common pieces.