Coin Community Family of Web Sites Live Coin auctions starting as low as $1
Like us on Facebook! Subscribe to our Youtube Channel! Check out our Twitter! Check out our Pinterest!
Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.
Welcome Guest! Need help? Got a question? Inherit some coins?
Our coin forum is completely free! Register Now!

Grading Of Banknotes I Picked Up In The 80's

 
To participate in the forum you must log in or register.
Author Previous TopicReplies: 7 / Views: 429Next Topic  
Valued Member

Canada
50 Posts
 Posted 09/17/2023  5:47 pm Show Profile   Bookmark this topic Add Enyaw to your friends list Get a Link to this Message
I have recently started looking at some of the older banknotes I picked up during the 80's and I was hoping I could get some opinions on grade/value for these three. Thank you.





Moderator
Learn More...
United States
51615 Posts
 Posted 09/17/2023  8:04 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
( I'm no pro, it's just my humble opinion )
Searched 6.5 +/- Million Cents Since 1971
Pillar of the Community
United States
6077 Posts
 Posted 09/17/2023  8:08 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
DOC notes can have a lot of value and are relatively rare. These look to be about F/VF on the $2 to vf/XF on the 25 cents so they may merit grading but I don't know the grade/value of these notes. @walk2water is an expert on Canada notes and he should be able to answer your question.
Edited by hfjacinto
09/17/2023 8:09 pm
Pillar of the Community
Canada
1997 Posts
 Posted 09/18/2023  08:36 am  Show Profile   Check walk2dwater's eBay Listings Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply

Quote:
DOC notes can have a lot of value and are relatively rare. These look to be about F/VF on the $2 to vf/XF on the 25 cents so they may merit grading but I don't know the grade/value of these notes. @walk2water is an expert on Canada notes and he should be able to answer your question.

-Thanks @hfjacinto but not sure about being an 'expert'

Here's my best guess, from the images:
1900 DC-15b Boville 25 Cent:
The edges look suspicious. They're dark & uneven plus the note has two pinholes (or staple holes) on top right. Lots of little spots, stains, etc make this note look like an 'apparent' VF to me. The note loses EPQ (original) designation due to the holes.

1923 DC-25o Campbell-Clark $1.00 E prefix:
There's several regions on this note which appear to have stains which were removed (diminished). On the front lower right border (next to the 1 Marker) there's a dark enough stain to see easily, on the reverse about 3 diminished stains on the top border. All these point to a washed note. Plus the note looks pressed. The design looks pretty good considering the fact that it looks so processed so perhaps Fine 18 or Apparent VF20?

1923 DC-26i Campbell-Sellar $2.00 Group 2 Blue Seal:
This note looks like it had worse stains than the $1.00 & less successful washing (especially on the reverse). Take a close look at the blue seal & you will see areas where the design looks diminished/worn. Take a look at the flattened folds that have clearly been pressed (horizontal across the face/front). This was a "Fine" with edge nicks, stains, soiling. Not sure what # (grade) they'd award this note but its definitely been processed.

As @hfjacinto stated, they're all tough notes (except perhaps the black seal) but they had issues/problems which were later doctored (except perhaps the 25 cent).
Pillar of the Community
Learn More...
Canada
9224 Posts
 Posted 09/18/2023  10:01 am  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
I think all three have been processed. I wouldn't send them to be graded (you'll be disappointed. Notes like these sell well on eBay as raw notes.
"Dipping" is not considered cleaning...
-from PCGS website
Valued Member
Topic Starter
Canada
50 Posts
 Posted 09/18/2023  10:28 am  Show Profile   Bookmark this reply Add Enyaw to your friends list Get a Link to this Reply
I appreciate your thoughts @walk2dwater. You sure have a keen eye for this, I didn't notice any of the things you pointed out.
I have to admit that I'm a bit upset that some of these maybe/are processed! I purchased these notes when I was in high school (1980's) from what I thought was a reputable coin/currency store in my city! I put them away for safe keeping and dug them out recently after I retired. The only information I wrote down back then was that they graded the DC-15b at VF+ and that I paid $35, DC-25o I didn't write a grade down but I paid $21.00 and DC-26i I didn't write a grade down but I paid $42.
Valued Member
Canada
246 Posts
 Posted 09/18/2023  11:21 am  Show Profile   Bookmark this reply Add Levaril to your friends list Get a Link to this Reply
You won't have any problem getting more than that through somewhere like ebay if you decide to sell them at some point. Probably a lot more. Leaving them raw will likely be the way to go. And if you enjoy them as they are then the rest doesn't really matter. :)

walk great rundown on the notes btw!
Pillar of the Community
Canada
1997 Posts
 Posted 09/18/2023  8:26 pm  Show Profile   Check walk2dwater's eBay Listings Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply

Quote:
The only information I wrote down back then was that they graded the DC-15b at VF+ and that I paid $35, DC-25o I didn't write a grade down but I paid $21.00 and DC-26i I didn't write a grade down but I paid $42.

Don't be too hard on yourself. See my thread on my personal collection & there's about dozen notes I bought far over graded (& didn't catch it). It really takes time to find the "tells" of a processed note.

Most sellers won't disclose issues such as the ones I described on VF or lower, especially if they described them as "circulated" or they're in a special section such as "No Returns" etc. You may have wrote the grades you thought they were.

Prices sound fairly consistent for those because they were tougher to source back then. Grading was often very inaccurate amongst coin dealers back then. I remember hearing a lot of "about VF, perhaps" when I went to a few dealers. [That's a pretty broad range, inequivecal & safe statement] Only a few paper dealers (like Don Olmstead at conventions) graded well when I got active in my 2nd phase of collecting (1990's to 2000).


Quote:
great rundown on the notes btw!

Thanks!

Also, I agree with DBM & Levaril: they will sell well on eBay.
Edited by walk2dwater
09/18/2023 8:28 pm
  Previous TopicReplies: 7 / Views: 429Next Topic  

 
To participate in the forum you must log in or register.


    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2023 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2023 Coin Community Forums
It took 0.28 seconds to rattle this change. Powered By: