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How Much Would It Be Worth? Sequential 21 Notes $100

 
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Canada
28 Posts
 Posted 10/29/2020  8:25 pm Show Profile   Bookmark this topic Add CoinWorldCanada to your friends list Get a Link to this Message
If I had notes in this condition but Sequential 21 notes, how much would be they worth, Just curious, and would people pay more for them as a set?

How much would the whole set be worth buying, just trying to place a fair value for the whole thing?

Should I get them graded?

All notes are in this exact condition.



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Canada
8171 Posts
 Posted 10/30/2020  12:00 am  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
Not choice.
Worth about $110 each.
No premium for post-1954 consecutive notes.
A BCS graded one similar to yours sold for less than $100 on eBay, none have sold for a higher price in many months.


"Dipping" is not considered cleaning...
-from PCGS website
Edited by DBM
10/30/2020 12:23 am
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Australia
17578 Posts
 Posted 10/30/2020  02:58 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
-"Should I get them graded?"
IMHO: No, - cost of grading and shipping fees nowhere near being justified.

Because the face value of the whole block of notes ids so high, the notaphilic premium per note reduces.

You need to find a buyer who needs to invest $2,100, and to take a hit on devaluation that will result from inflation over the long term. Finding such a buyer may be a very hard thing to do.

I would guess a total notaphilic premium over the 21 notes to be $100.
That works out to be $4.76 per note.

Would have been better, if they had been $1 notes.
But Canada doesn't print them anymore.
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Canada
1106 Posts
 Posted 10/30/2020  12:26 pm  Show Profile   Check walk2dwater's eBay Listings Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply
with 'DBM' & 'Sel69l'


Quote:
would people pay more for them as a set?

- I am still trying to wrap my head (unsuccessfully) around this proposition. Why would "more of something" cost exponentially more? Where did this philosophy come from?
(From the printers of Zero Euros perhaps?)

Sequential runs are how banknotes are issued & it is completely meaningless if you own these folks! The only minor exception to this rule may occur if the notes are supposed to be rare (or scarce).

But I would suggest to exercise extreme caution with this mentality too: since what usually happens is the BV of these newly listed runs of said note softens. Collectors don't get excited over notes they see listed over and over again. I've seen this happen several times for 1954 Modified replacements.
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