Do You Guys Think This 1928 $500 Was A Good Buy?

Very nice note, had to be in a "details" holder. Intrest in large denominations has picked up lately around here...Not sure why? Looks like premiums have gone up on 500 & 1000

Repairs do not look particularly good to me.

I personally don't care for repaired notes, but if you like it, that is what counts. I don't think you got "a deal". Compare to these, bearing in mind there is likely room for negotiations of asking prices.

http://www.highdenomination.com/500...-1934-1934a/

Coinfrog - Any recommendations on who to talk to to get some of the crappy repairs fixed up?

Yes, the 28's are more expensive than the 1934 series. The reason I chose 1928 was kind of random but turned out to be a very fortunate decision for me. I was looking for a Saint-Gaudens double eagle and originally wanted 1929 because of the stock market crash. It was an interesting time in the US economy. I then realized that finding a 1928 double eagle would be far easier and cheaper than getting a '29. I justified it, thinking that coins minted in 1928 were the ones people had in 1929 during the crash. And to double-down 28 has always been my 'lucky number.' Once I decided to expand my collection, the year 1928 ended up being a really cool year to collect. Most coins from that year have good designs and it was the year we switched from large size notes to small size notes. It also marked a major transition between gold notes, silver notes, United States notes and the standard FRN. I joke that my bills are rainbow because I have green, blue, red and yellow seal bills. It also opened up my collection to some of the large size notes because those were being printed in 1928. Ultimately 1928 is the only year where both large and small size notes were printed. It could possibly be the year in which the largest amount of different types of currency were printed / minted.. So definitely a good year to pick, plenty to collect and prices seem to increase exponentially as you start collecting stuff older than the 1920s, especially paper money, so I can afford to complete my set.

I'm clueless about currency -- although I'd love to own a $500 bill someday!! -- but seller has 20 feedback with 58.6% rating, how is that even possible on ebay these days?

Thanks Ken!

I think the guy 'exit scammed.' Basically what that is, is when a legit seller decides to partake in fraud right before bailing out.. Maybe registering a new account under his wife's name etc. Because he had 100% feedback when I purchased the bill from him.

I personally don't think this was a particularly good deal, but these are commodities for the most part, so you likely won't win or lose much even on a repaired note going forward.