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What Do You Evaluate This Collection At?

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Author Previous TopicReplies: 24 / Views: 4,879Next Topic Page 2 of 2
New Member
Canada
8 Posts
 Posted 08/15/2017  6:36 pm  Show Profile   Bookmark this reply Add x_x_rever_x_x to your friends list
Hi
I buy and sell a lot of canadians bank notes, by my side the value of this lot is something betwwen 750$ to $800 at a retail price, considering a grade of Vf or better on the 1954 notes, and lower grade for your both 1935 notes considering something vg/f. But when you buy something similar on website you can pay something like $450 to $500 for this lot.
xx_rever_xx !!
Pillar of the Community
United States
992 Posts
 Posted 08/15/2017  10:54 pm  Show Profile   Bookmark this reply Add paxbrit to your friends list
$22.33 unit cost is a steal! The two 1935 Dollars sell for $25-$35 each down here, in Good condition without tears or frontal stains.
Valued Member
Canada
261 Posts
 Posted 08/16/2017  12:53 am  Show Profile   Bookmark this reply Add McNickel to your friends list
As I have little knowledge about banknotes I wouldn't presume to try and grade these or give you a guess at a value ... if you're happy with them then they're worth the price. :)

There's certainly a few in there I'd like for my collection.

I think there might be 4 Devil's Face notes in there:
the 1st $20, 1st $10, 2nd $5, & 2nd $50 (just my guesses.)

What-Do-You-Evaluate-This-Collection-At?

Come back and let us know what you have once you get them in hand and have had a chance to inspect them .... we like pictures
Pillar of the Community
Canada
586 Posts
 Posted 08/21/2017  2:08 pm  Show Profile   Bookmark this reply Add TheBurnz to your friends list
I received my lot, they all seem to be in F to EF condition maybe one or two in AU condition. The two I am thinking of sending in to get graded are the 1935 1 dollar french note (G to F grade) and the 1954 50 dollar devil face with possible 3 digit radar number (EF to Au grade).

Would you have those graded or would you have non of them graded or would you have more graded. Please keep in mind it will cost 30-40 dollars to grade. Let me know your thoughts.
Pillar of the Community
Canada
3049 Posts
 Posted 08/21/2017  4:34 pm  Show Profile   Bookmark this reply Add AgCoinAu to your friends list
In my opinion there's only two times you really need to think about submissions for grading.

1) When trying to sell

2) to improve/increase conservation/preservation on an item...

If these are to remain in your collection I think they're fine as is...
Pillar of the Community
Canada
586 Posts
 Posted 08/22/2017  2:29 pm  Show Profile   Bookmark this reply Add TheBurnz to your friends list
Although These bill will be staying in my collection for the time being. I think it would be a great education on what I think is VF or AU and what actually is VF or AU.

I believe the true only way to start this education process is to submit some notes or coins for grading and see what they come back as. I know graders can vary as well but at least I will know what to look for in future purchases.
Pillar of the Community
Canada
2984 Posts
 Posted 08/22/2017  8:29 pm  Show Profile   Bookmark this reply Add MoneyPenney to your friends list

Quote:
I believe the true only way to start this education process is to submit some notes or coins for grading and see what they come back as. I know graders can vary as well but at least I will know what to look for in future purchases.



The Banknote Certification Service has a summer special where they grade notes for $7.50 per banknote, minimum 10 bills.

http://www.banknotecertification.co...rspecial.php

But they grade very conservatively. Notes you think are uncirculated come back as AU. Notes that are AU will come back as VF.

You can give them a try but I don't believe it is worth $30 to $40 for the US grading services because most of the notes are not in very good condition. Notes that are F or VF don't get much of a premium and you would wasting your money having them graded. The cost of the US$ grading could be worth more than the note. I only submit notes that I believe to be uncirculated or very rare. Another person mention they only have notes that are worth over $300 graded

Or you can have them graded free on the CCF grading forum. People can give an opinion on them. If they say it a great bill then submit to professional grading services.
Edited by MoneyPenney
08/22/2017 8:39 pm
Pillar of the Community
United States
2408 Posts
 Posted 09/01/2017  11:32 pm  Show Profile   Bookmark this reply Add canadian_coins to your friends list

Quote:
I believe the true only way to start this education process is to submit some notes or coins for grading and see what they come back as.




Please update us on what you get from PCGS.
Pillar of the Community
Canada
586 Posts
 Posted 09/02/2017  10:01 am  Show Profile   Bookmark this reply Add TheBurnz to your friends list
I will, just not sure where to send. I'm thinking PMG or a grader in my region CCCS. CCCS is cheaper and has started to gain recognition in the industry. Thoughts?

I will be sending the $50 note in the last picture. Its a Coyne and towers A/H 0037360 (4 digit Radar) Devil Face. I think the note is possibly VF-EF condition which makes it worth $140-$230.(without radar)

This note with 4 digit radar VF-EF is valued at $600 -$750.

http://www.coinsandcanada.com/bankn...adar&id_sn=5

Let me know your thoughts please.

Edited by TheBurnz
09/02/2017 10:03 am
Pillar of the Community
Canada
1223 Posts
 Posted 09/02/2017  10:34 am  Show Profile   Bookmark this reply Add Hounddog Bill to your friends list
A/H0037360 is not a radar.

Cheers, Bill
Pillar of the Community
Canada
586 Posts
 Posted 09/02/2017  12:51 pm  Show Profile   Bookmark this reply Add TheBurnz to your friends list
0376 (4 numbers) in the whole series. What am I missing?
Pillar of the Community
Canada
1223 Posts
 Posted 09/02/2017  3:15 pm  Show Profile   Bookmark this reply Add Hounddog Bill to your friends list
Four number in a serial number means just that there's four numbers used no premium what so ever. In order for it to be a radar you must be able to read it the same from both ends.
Had the numbers been 0037300 or 0637360 it would have been a radar.

Cheers, Bill
Pillar of the Community
Canada
5324 Posts
 Posted 09/02/2017  3:37 pm  Show Profile   Bookmark this reply Add john100 to your friends list
Even a 4 digit radar is not worth grading, there is very few buyers of theses types of notes unless in unc condition.
Pillar of the Community
Canada
586 Posts
 Posted 09/02/2017  9:14 pm  Show Profile   Bookmark this reply Add TheBurnz to your friends list
Ok, I think I get it.


Thx.
Pillar of the Community
Canada
2984 Posts
 Posted 09/02/2017  9:25 pm  Show Profile   Bookmark this reply Add MoneyPenney to your friends list
Sending to PMG is very expensive. Lowest rate I could find is US$30. Add on return shipping and you looking at around US$50 or more $60 for one banknote. Is it really worth it for a non radar vote valued around $200?



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