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1923 $1 Silver Certificate -- How Did I Do?

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barryg's Avatar
United States
5870 Posts
 Posted 11/12/2011  09:56 am Show Profile   Bookmark this topic Add barryg to your friends list Get a Link to this Message Number of Subscribers
Hey, all!

As I mentioned in another thread, I just went to my first coin show and, in addition to all the coins I picked up, I decided to get my first ever "oversized" currency. I've always been fascinated by these, but the prices always seemed out of reach for decent quality examples. I really had my eye on the ones with the fancy artwork on them, but those were way out of my league. At the end of the day, though, I still had a little cash in hand and decided to get this specimen:

1923-$1-Silver-Certificate----How-Did-I-Do?
1923-$1-Silver-Certificate----How-Did-I-Do?

The dealer had a range of examples, from $90 for a wrinkled an folded one, to $300 for one in mint condition. I decided to split the difference and got this one for $210. That's more than I spent on most of the coins I bought at the show, but as I said, I've always wanted one of these and wanted to get a nice one.

How did I do? The dealer originally wanted $220 and I got him to come down a bit to $210, but I really have no idea if I paid fair value or got totally ripped off.
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Nickelman's Avatar
United States
1397 Posts
 Posted 11/12/2011  10:34 am  Show Profile   Bookmark this reply Add Nickelman to your friends list Get a Link to this Reply
It's a very good looking note but sadly you paid too much for it. Sorry that's probably not what you wanted to hear, but don't feel bad. I have purposely paid more for something when I really want it since the value of something is directly proportional to the desire to have it.
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barryg's Avatar
United States
5870 Posts
 Posted 11/12/2011  10:39 am  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
No, that's all right. I knew I was buying a pig in a poke since I've never taken the time to research these ahead of time, and I figured there was a good chance I overpaid.

Now, the question is how much I overpaid. Are we talking a $100 note here or a $25 note?
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jokingjoker's Avatar
United States
2150 Posts
 Posted 11/12/2011  3:29 pm  Show Profile   Bookmark this reply Add jokingjoker to your friends list Get a Link to this Reply
So what is a reasonable price on a note like this? So others, like myself who don't have a clue, don't overpay in the future.
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Nickelman's Avatar
United States
1397 Posts
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United States
511 Posts
 Posted 11/18/2011  10:27 pm  Show Profile   Bookmark this reply Add 3stooges to your friends list Get a Link to this Reply
On the plus side, it's a very attractive note.
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oih82w8's Avatar
United States
7840 Posts
 Posted 11/19/2011  1:56 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
I like it, I want one too! My only saddle blanket is a 1899 Black Eagle a friend gave me.
Edited by oih82w8
11/19/2011 1:57 pm
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barryg's Avatar
United States
5870 Posts
 Posted 11/19/2011  3:54 pm  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
Thanks. I decided if I was going to spend hundreds of dollars I might as well get the nicest quality one I could afford instead of getting a poor example of a rarer bill.
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