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Bidiots? Shill Bidding?

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Pillar of the Community
Bas S Warwick's Avatar
New Zealand
526 Posts
 Posted 07/08/2012  06:34 am  Show Profile   Bookmark this reply Add Bas S Warwick to your friends list Get a Link to this Reply
Winning bid: AU $1,795.00 [ 58 bids ]

Checked my spare Aussie notes but nothing

Valued Member
spg1's Avatar
Australia
363 Posts
 Posted 07/08/2012  06:36 am  Show Profile   Bookmark this reply Add spg1 to your friends list Get a Link to this Reply

It ended at $1795.

Surely that is not an accurate valuation for that grade?
Pillar of the Community
appleangel07's Avatar
Australia
1607 Posts
 Posted 07/08/2012  06:36 am  Show Profile   Bookmark this reply Add appleangel07 to your friends list Get a Link to this Reply
$1,795 is the final price
Pillar of the Community
appleangel07's Avatar
Australia
1607 Posts
 Posted 07/08/2012  06:39 am  Show Profile   Bookmark this reply Add appleangel07 to your friends list Get a Link to this Reply
I really don't think that note is worth anymore than about 25% of that final price.
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trout1105's Avatar
Australia
7096 Posts
 Posted 07/08/2012  07:12 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
$1,795 is the final price


Bidiots
See how many of these sad bashed up pub notes come out of the woodwork now
Edited by trout1105
07/08/2012 07:14 am
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enworb's Avatar
Australia
4411 Posts
 Posted 07/08/2012  3:00 pm  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply


crazy stuff
Pillar of the Community
MobOfRoos's Avatar
Australia
762 Posts
 Posted 07/08/2012  7:51 pm  Show Profile   Bookmark this reply Add MobOfRoos to your friends list Get a Link to this Reply
I guess it is a case of the old cliche "a coin or note is worth what a person is prepared to pay for it".


Quote:
i think the fact that the last recorded sale was 3 years ago gives an idea of just how rare the FKD note is.


If true then the three bidders in the bidding war didn't want to wait another 3 years for another chance to secure the note. In this case the book value is meaningless when you have three bidders wanting the note badly enough.
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