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Great Grandfather's Bank Notes

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 19 / Views: 3,737Next Topic Page 2 of 2
New Member
United States
19 Posts
 Posted 01/10/2021  7:36 pm  Show Profile   Bookmark this reply Add emd023 to your friends list
Actually three, I missed a generation. The notes are from WV, which is where my great grandfather was from. Money is tight right now, which is why I want to get rid of them. Would have been cool to have them framed though...
New Member
United States
19 Posts
 Posted 01/10/2021  7:55 pm  Show Profile   Bookmark this reply Add emd023 to your friends list
I did some searching and found that two Reedy, WV notes have been sold at Heritage Auctions. One for $6,000 and the other for $2,000. Would mine be less because of their condition?
Bedrock of the Community
United States
94367 Posts
 Posted 01/10/2021  8:12 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Good for you doing the research. When did the Heritage notes sell, and what were the the listed grades? You could have a sleeper here.
Pillar of the Community
Canada
2781 Posts
 Posted 01/10/2021  8:19 pm  Show Profile   Bookmark this reply Add Wade to your friends list
I'm not in to US currency, or notes in any fashion, so can not comment on momentary value.

BUT, will say... hang on to at least a few for the sake of the next generation...
Pillar of the Community
United States
600 Posts
 Posted 01/10/2021  8:43 pm  Show Profile   Bookmark this reply Add captaincoffee to your friends list
My old Krause book shows the Reedy, Bluffton, and Carnegie notes as a "6" rarity (1-6 scale), the Weston note as a "4" rarity, and the Fairmont note as a "2" rarity. Not really up-to-date, but certainly tells me some of these notes are hard to come by. Condition is obviously not great, but these are still notes that a lot of people would like to have. You are doing the right thing searching HA and other auction sites for similar sold notes (vice "for sale" prices) to get an idea of value. I believe these national banknotes can vary in price from auction to auction based on whether or not you happen to have multiple people bidding that are interested in that specific city or bank.
Pillar of the Community
2145 Posts
 Posted 01/10/2021  8:48 pm  Show Profile   Bookmark this reply Add Rothery to your friends list

Quote:
I wanted to share a few bank notes that my father has passed down to me from his grandfather.


Are these the same ones you found in your basement awhile ago?
You are actually going to sell them?

http://goccf.com/t/269326&whichpage=1
New Member
United States
19 Posts
 Posted 01/10/2021  9:04 pm  Show Profile   Bookmark this reply Add emd023 to your friends list

Quote:
Good for you doing the research. When did the Heritage notes sell, and what were the the listed grades? You could have a sleeper here.


The one for $6,000 sold in 2005 and seems to be in much better condition. The one for $2,000 sold just a few years ago and seems to be about in the same condition as mine. I don't see any of my other notes on the site at all.
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United States
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Bedrock of the Community
United States
94367 Posts
 Posted 01/11/2021  09:59 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Well, if money is tight, this might be a good time to consider selling a few of them. Heritage doesn't charge you for their evaluation and estimates.


New Member
United States
19 Posts
 Posted 01/11/2021  5:53 pm  Show Profile   Bookmark this reply Add emd023 to your friends list
Any thoughts on how I can get an idea of how much these are worth? There are very few of these that have sold on ebay and Heritage and for the ones that have sold, the price varies significantly. Are ebay and Heritage my best options to sell these? Where else can they be sold? Auctions? Also, do you think that I need to have these graded before placing them on the market?
Pillar of the Community
United States
4637 Posts
 Posted 01/12/2021  03:43 am  Show Profile   Bookmark this reply Add SteveInTampa to your friends list
Contact Lyn Knight. He can answer most of your questions.
https://www.lynknight.com/
Pillar of the Community
United States
4692 Posts
 Posted 01/12/2021  04:14 am  Show Profile   Bookmark this reply Add jimbucks to your friends list
Heritage and Lyn Knight are good places to sell, but you may have to wait a few months since their auctions are infrequent. If you are looking for a faster sale, you may want to sell through greatcollections.com which has weekly auctions.
New Member
United States
19 Posts
 Posted 01/13/2021  7:01 pm  Show Profile   Bookmark this reply Add emd023 to your friends list
Thanks. I have reached out to both of these auction houses. Has anyone else used these before and can vouch for them?
Bedrock of the Community
United States
94367 Posts
 Posted 01/13/2021  7:18 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Heritage and Lyn Knight are the best options to sell paper money at auction. Gold star reputations, beyond reproach.
Pillar of the Community
United States
2850 Posts
 Posted 01/15/2021  11:38 am  Show Profile   Bookmark this reply Add WheatBack to your friends list
I would've been interested in them all, but looks like you've already reached to out to a couple leaders in the currency business. Good luck!
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