Solid Number 8 Radar Sells For $12,650 In Auction

I'd say six times BV is definitely overboard (8's or any other #) but I have been trying to get the pricing panel to adjust their BV's for 1954 DF/modified solids, low #, ladders (& the like) for 4 years now. 1954 & earlier special # notes have been on fire for the past couple years (& were on the rise before the pandemic). [If I ever get a response its always the same: they'd rather see the trend for more than 1 year before publishing a new price]

I would be willing to bet that the winner is not Canadian (& the bidding war probably came from abroad). I tried to buy some 1935-1954 target notes in UNC back in 2014 & discovered that 80-90% of the sellers were US based asking Charlton or more in USD. Charlton is listed in CDN but everybody seemed to be impervious to that. This was like paying %30-%40 more than BV at the time & I just stopped looking since there was only BIN priced too high (IMO).

I understand the number 8 is considered a lucky number but previous solid eights never reached five figures. I look at solid 8's for many years and the highest I've seen is in the $3000-$4000 for equivalent high grade notes.

Colonial Acres itself estimated the value at $6000, so the note way exceeded expectations.

As for Charleton, their values are ridiculously low. For a 1954 Modified $100 solid digit radar the price is given as $1700. And they say add 25% premium for a 8888888 note. That mean a solid 8 is valued at only $2125?! The value should much higher than that.

That whole auction was insane, and not just the banknotes.

$1,000 for a 1951 PL-65 25c?!
https://www.icollector.com/25-cent-...ke_i44640008