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Interesting Note Printing Shift

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Author Previous TopicReplies: 6 / Views: 2,924Next Topic  
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Napoleon31ft's Avatar
United States
528 Posts
 Posted 07/16/2010  3:09 pm Show Profile   Bookmark this topic Add Napoleon31ft to your friends list Get a Link to this Message Number of Subscribers
I just got this note in the store and figured I would put in on because its a pretty neat piece.
Now the Mods need to help me here because if anyone is REALLY interested in buying it I can talk to them but the main purpose is for people to look at it. If I can't offer it for sale let me know.

Interesting-Note-Printing-Shift
Interesting-Note-Printing-Shift
Valued Member
United States
84 Posts
 Posted 07/16/2010  3:56 pm  Show Profile   Bookmark this reply Add MeauxSzyslak to your friends list Get a Link to this Reply
Nice note! Looks to be in great condition too.
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Namachieli's Avatar
United States
2120 Posts
 Posted 07/16/2010  4:49 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
Very good condition.

if you do sell, I would put it up as an auction.
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paul's Avatar
United States
213 Posts
 Posted 07/16/2010  5:51 pm  Show Profile   Bookmark this reply Add paul to your friends list Get a Link to this Reply
I would not put it up to auction. I think it is only worth face and you should sell it to me!
:lol:
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Ceylon62's Avatar
United States
1285 Posts
 Posted 07/17/2010  08:56 am  Show Profile   Bookmark this reply Add Ceylon62 to your friends list Get a Link to this Reply
The shift is somewhere between Moderate to Major (you would have needed something missing or be crooked) and the note it self is in great condition. Were there others in this batch?

If you do put it up for sale / auction here please post here as I only check BST side once in a while or you may PM me. Thanks

Peace
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Napoleon31ft's Avatar
United States
528 Posts
 Posted 07/17/2010  09:25 am  Show Profile   Bookmark this reply Add Napoleon31ft to your friends list Get a Link to this Reply
This was the only one.
If I was to sell it I would be looking for about $700 for it
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Ceylon62's Avatar
United States
1285 Posts
 Posted 07/18/2010  08:21 am  Show Profile   Bookmark this reply Add Ceylon62 to your friends list Get a Link to this Reply
Well I hope you have not paid more than $200 for this note. Here is why

Per Sullivan's book (page89), he as an example of an EB block $20 note from 1969C and quotes a price of $400 for a "MAJOR" in CU. The note he displays has shifted further to the right than yours and has the 'FRB seal" in the oval of the portrait and the "right" side district numbers on the edge of the paper with portions missing.

I have found his book useful and at auctions on ebay "un graded" notes go for 50% to 60% of the price he lists. Shift errors on scale of 1 to 9 (R1 to R9) come in at a 1 (they are common).

IMO, for you to get anywhere near $700 for this note it has to be "graded" as a "major" and come in with a grade of around 69 (near perfect). It's the grade that would get you higher $'s and the error will go along for the ride at that stage of the game. My spec is that this note grades around 63 or less. Just like coins there is vast price diff between 62 and 69. To complicate things little bit there is a world of diff in prices for star and $2 notes as they command differing premiums. The premium is the premium regardless of the face value.

I do not mean to be harsh - just being straight up and blunt.

Peace
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