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How Much Does Writing On A Note Decrease The Value ?

 
 
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 Posted 06/15/2019  10:12 pm Show Profile   Bookmark this topic Add DBM to your friends list Get a Link to this Message
Looking at a pair of consecutive single digit low serial notes.
One is easily 63 the other has someone's initials written on the otherwise choice note.
It's not noticeable at first glance, but it's there.
For me it was a deal breaker, I couldn't bring myself to buy them at any reasonable price.
The seller was offering quite a discount.
I'm no expert so I'm wondering how much below catalogue value should the pair sell for.
"Dipping" is not considered cleaning...
-from PCGS website
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 Posted 06/15/2019  10:40 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
Depends on how low is low and of course the price
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 Posted 06/15/2019  11:20 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
0000008 and 0000009
"Dipping" is not considered cleaning...
-from PCGS website
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 Posted 06/16/2019  12:28 am  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply
Depends on how rare the banknote is.

Personally, I would not buy that low serial number bill even with a 50% discount because low serial number bills are not that rare. On the other hand if it was a sold radar like 888888888, writing may be overlooked.

Edited by MoneyPenney
06/16/2019 01:23 am
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 Posted 06/16/2019  01:33 am  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply

Quote:
....low serial numbers are not that rare.

In every run of ten million notes there are 9 single digit low numbers and 9 solid radar, that's quite comparable.
There is more demand for solid radars, thus they command a higher price.
It's all a matter of personal preference, I find it interesting that you would not discount a 8888888 for writing while I do not really want a 0000001 note with writing for my collection.
"Dipping" is not considered cleaning...
-from PCGS website
Edited by DBM
06/16/2019 01:44 am
Pillar of the Community
Canada
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 Posted 06/16/2019  09:32 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
I would discount the written note 50%, unless the series is 1954 or older, the seller probably only wants to sell the pair together.
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