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Consecutive Runs

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Pillar of the Community

Australia
1295 Posts
 Posted 04/24/2006  5:39 pm Show Profile   Bookmark this topic Add markn to your friends list Get a Link to this Message Number of Subscribers
What sort of premium should you be paying for a consecutive run of notes? I'm buying up 1966 $1 and $2 notes and am wondering how much above 2xnote value I should look at offering for a run of two for example......Looking at ebay purchases mostly.
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KLD's Avatar
Australia
1079 Posts
 Posted 04/24/2006  11:17 pm  Show Profile   Bookmark this reply Add KLD to your friends list Get a Link to this Reply
Consecutive decimal run of 2 would not command a premium at all. If it was a run of 4 or 10 then yes you need to pay a bit more more for them.

Also with buying coombs and wilson notes the price is largly dependant on the grade, being the first year of issue they are some what popular.

I hope this has helped a bit.
Pillar of the Community
Australia
853 Posts
 Posted 04/25/2006  07:37 am  Show Profile   Bookmark this reply Add Bigfella to your friends list Get a Link to this Reply
Never pay a premium on runs. Most dealers will break a run for a sale on decimal notes to get a sale. If a dealer will break a run then they place no extra value on it so neither should you. Runs can be nice but you shoulkd not pay extra for them.
Pillar of the Community
Australia
1295 Posts
 Posted 04/25/2006  4:45 pm  Show Profile   Bookmark this reply Add markn to your friends list Get a Link to this Reply
OK! Lots of people on ebay certainly seem to *expect* a premium for them :D
Valued Member
madbudgie0's Avatar
Australia
109 Posts
 Posted 06/06/2006  06:47 am  Show Profile   Bookmark this reply Add madbudgie0 to your friends list Get a Link to this Reply
mnemtsas - That's the difference between buying and selling! If I'm buying, I'd personally try not to pay a premium but if I was selling I'd certainly mention the fact! As it can't hurt your chances.
Pillar of the Community
Australia
853 Posts
 Posted 06/06/2006  08:47 am  Show Profile   Bookmark this reply Add Bigfella to your friends list Get a Link to this Reply
I agree Drew....but I do say this...I have only met one dealer ever who was not prepared to break a run to earn a sale. In fact he charged almost a 50% premium on a run. The key thing I said was charged...he now does not sell!!!!

It does not hurt to mention a run if selling but do not expect the buyers to pay more for the run unless it is a hard run to get...an Aussie $20 Coombs/Randall in unc may fit the bill here.
Pillar of the Community
Australia
1295 Posts
 Posted 06/06/2006  6:15 pm  Show Profile   Bookmark this reply Add markn to your friends list Get a Link to this Reply
I've been watching runs for a couple of months on ebay. First/last issue polymers seem to go for a slight premium in runs. Other notes (apart from extraordinary cases like the one Bigfella mentions above) dont seem to. In fact I've picked up quite a few runs where the per note cost is a lot less than what you see individual notes going for.

I'd like to mention I am addicted to Coombs/Wilson decimals. yay for me.
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PNC king's Avatar
Australia
444 Posts
 Posted 10/11/2006  09:00 am  Show Profile   Bookmark this reply Add PNC king to your friends list Get a Link to this Reply
for consecitive runs of 4 or more notes , I don't mind paying a 5 % premium
Valued Member
Australia
252 Posts
 Posted 01/11/2007  12:58 am  Show Profile   Bookmark this reply Add tiddyathome to your friends list Get a Link to this Reply
My brother has just told me that he was dating a girl in the bank when two dollar notes were going out. She gave him 10 notes from the last bundle that that bank got from the mint. They where put away and havent seen the light of day since. He also has a comm. aust.Phillips Randall in great condition. Another present from his old flame. Gee I'm glad he is not one of those people that throw things away when the relationship goes south.
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