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 Replies: 23 / Views: 4,303 |
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Pillar of the Community
  United States
6606 Posts |
I know I said I would wait till tomorrow but here it is  |
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Valued Member
United States
484 Posts |
Very cool note!
Newman's catalog states that there are deliberate misspellings and omitted words used for security purposes. Kinda strange that they would make it with an error on purpose, but there you go.
Probably worth a lot more now than then, given it was only worth 1 40th of a Spanish Milled Dollar/specie. Inflation was pretty bad around that time, too. There were 18,249 of these notes printed and issued, and were soon demonetized, so there were likely a number of them just put away as an old piece of paper not worth anything for quite a long time. It amazes me that this era of American paper currency isn't more popular, and maintains a relatively cheap price, especially given it's history and scarcity for certain issues. If there were a print run of only 18,249 of a dollar bill issued today, they'd be worth so much more. But on the bright side, I was able to assemble a set from all 13 colonies and a couple Continentals without too much fuss.
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Pillar of the Community
United States
6606 Posts |
So is no body take a swing on what they on the value of this would be?
I can handle it
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Pillar of the Community
United States
4637 Posts |
Quote:
So is no body take a swing on what they on the value of this would be?
I can handle it I tend to stay away from guesstimates when I'm unfamiliar with the note posted. I own zero of these, and haven't gotten around to reading up on them yet. I'm curious, are you asking to see if you got a good deal, or are you asking because you're thinking about buying it ? |
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Pillar of the Community
United States
6606 Posts |
I have a feeling I overpaid. but hard to find anywhere that will flat out put a value on it
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Pillar of the Community
United States
4637 Posts |
Quote:
I have a feeling I overpaid What did it cost you ? |
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Pillar of the Community
United States
7627 Posts |
If this is the first time you've overpaid for something you wanted then welcome to the club!
We have ALL overpaid for stuff at one time or another. Goes with the territory!
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Pillar of the Community
United States
4637 Posts |
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We have ALL overpaid for stuff at one time or another. Goes with the territory! Amen, Sky. But somewhat like karma, we'll get an unbelievable deal down the line to help even things out. |
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Pillar of the Community
United States
6606 Posts |
I will keep that to myself for now. Guess I'm asking what would you pay for it?
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Pillar of the Community
United States
4637 Posts |
Quote:
Guess I'm asking what would you pay for it? Well, looking at just the Heritage archives, and considering it's an attractive 58PPQ....I would probably pay $250-$300. Keep in mind, I don't collect these. Mostly because I don't find the design interesting. But, it's extremely cool because of its history, and it's old as dirt. I wouldn't be surprised to hear that a Colonial collector that wanted this note would pay upwards of $400. The PM market is a bit down, and Colonials are but a small niche in the PM universe. |
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Pillar of the Community
United States
6606 Posts |
Thanks Steve I paid 636.00 but like you said it older then dirt and I'm from Virginia. and I love it. and it is a part of history. maybe next time I should do some research. Oh well.my motto is live a learn.
PS I've learned a lot about paper money from the Duck and the Frog
Edited by Keith67
01/06/2019 5:01 pm
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Pillar of the Community
United States
4637 Posts |
Take stock in this, you have the nicest example I've ever seen. And, after all of these years, no one has messed with it. It has original paper and has the looks of an uncirculated note. If Florida had Colonials, and I had the chance to own one of them as nice as yours, there's no telling how much I'd pay. Enjoy it !
Edited by SteveInTampa
01/06/2019 5:53 pm
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New Member
United States
10 Posts |
That is one nice Virginia note! Virginia notes from this issue in my view aren't as interesting as notes from other colonies -but you have a very beautiful note. If you look at the Heritage archives you'll see that so many notes from this issue have problems - but yours is not just problem-free with embossing but also has PPQ. Premium colonial notes have increased in value in the last few years as their rarity has been recognized. FWIW I'm no expert but I don't think you overpaid by any means. Enjoy that great note.
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Bedrock of the Community
Australia
21788 Posts |
What is the provenance of this particular Note?
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Pillar of the Community
United States
1339 Posts |
WOW, that is a really nice example! sometimes for me,its wanting it in my collection and enjoying it..we've all paid too much..this hobby includes a learning curve..unless you plan to flip it, no point to worry now. check every few years...
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Posted 12/23/2018 6:07 pm
