Banknotes I Finally Got Graded

I LOVE that newfie fractional! Please tell me the story on how you aquired that one!

I think it's cool that Steamer Bruce is written on that note. The ship was built for the Newfoundland Railway and was lost on March 24, 1911.

Colhand if you ever want to part with the Newf. note let me know..It would would look great with my Newf gold collection

Well someday in the future, probably in 6 years or so, then I will be putting these banknotes up for auction again. But I am thinking that an auction house would be a better outlet then ebay. What kind of expenses can I expect if I put them up on Torex or another auction? 25% of final bid or is that dreaming? Thanks for the offers though, I always have my eye out for notes like these.

forgot to say I like the first grades note 54-mismatched serial nu...wonder how much worth now that yu Certified and how much before yu sent it in.........?

Book value is $400 for Unc.

Every collector needs to have dealer mentality when it comes to value for their collection. I know there is a wholesale and a retail value, that retail or trends gives us an idea of what's it worth. My experience has taught me that Canadian dealers offer 25% of trends as a buy price. So if you can buy your treasure for less than that and hold on to it for 5+ years, you will make a profit. I have taken coins into the Toronto area in the past and offered them for sale to a dealer. First thing they say if it's true, it's been cleaned, meaning that it's worth less than what I am suppose to be thinking. Yet ask them to show you a coin that is in their inventory and they show you cleaned coins that they have priced at full trends. Who is kidding who?
As far as these banknotes are concerned, I hope that I sell them more than what I paid. I think that I can. If I can get any near 50% of trends, I think that I will be doing well.

Colhand1. From a dealer's perspective, (and I don't do many notes so I'll relate to coins) I can't say that a "flat" % applies on all coins. It really depends on the coin variety, grade, rarity, whether already graded or not, by whom, etc...I've paid well over 60% on some rarer coins that I know I have a buyer for. The "clean" scenario is very often true, many people clean or at least wipe coins as they think if they bring them in all shiny they will fetch a better price. As a collector, you know that cleaned coins automatically loose 50%. US graders won't grade them and ICCS will identify it as such. Ethics of some dealers and what they sell is whole different story, and yes I'm sure there are some. But we shouldn't point to only dealers as the ethically challenged as the online market is saturated with individuals trying to turn over crappy stock as well. Market value is an interesting thing, coins can be trendy. By denomination, variety or country. Dealing in a lot of foreign coins, we can use Polish coins as an example. Very hot over the past 2 years and now a huge downturn in value. The reality is that the market dictates price at any given time. If you're buying coins at 50% trends on ebay, that's what they are worth today. The% might vary slightly as someone might be looking to complete a set or for more rare coins, but market dictates.