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Post Your New Currency Acquisitions!

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scopru's Avatar
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5029 Posts
 Posted 11/21/2018  07:01 am  Show Profile   Bookmark this reply Add scopru to your friends list Get a Link to this Reply
tech and MrFrog those are fantastic notes.
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techwriter's Avatar
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1285 Posts
 Posted 11/21/2018  3:11 pm  Show Profile   Bookmark this reply Add techwriter to your friends list Get a Link to this Reply
This one now has a new home

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jbuck's Avatar
United States
192314 Posts
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BadDog's Avatar
United States
1376 Posts
 Posted 11/21/2018  3:58 pm  Show Profile   Bookmark this reply Add BadDog to your friends list Get a Link to this Reply
Tech,

How does that New York national look in hand? From those photos, I would have thought it would have graded well above a 30
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techwriter's Avatar
United States
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 Posted 11/21/2018  4:07 pm  Show Profile   Bookmark this reply Add techwriter to your friends list Get a Link to this Reply
; but the fold that so clearly shows on the reverse is undoubtedly the reason for the VF30; also it looks like a fold between the "33" of the serial number; faintly visible (maybe). The center fold shows quite clearly when the note is placed on a light table.
Hey, it's beautiful and would have liked a higher grade but then probably could not have been able to afford it.
Submit it to PCGS for another opinion, nah!
Edited by techwriter
11/21/2018 4:08 pm
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Coinfrog's Avatar
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94367 Posts
 Posted 11/21/2018  4:15 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
That center vertical fold is pretty severe, along with the discoloring. Remarkable that it doesn't show on the front. Appear to be light folds through the center of the portrait and, as you say, between the two 3s in the s/n. All in, a beautiful example.
Edited by Coinfrog
11/21/2018 4:16 pm
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BadDog's Avatar
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1376 Posts
 Posted 11/21/2018  4:43 pm  Show Profile   Bookmark this reply Add BadDog to your friends list Get a Link to this Reply

Quote:
but the fold that so clearly shows on the reverse is undoubtedly the reason for the VF30;

Yes, it's a prominent fold, but there didn't seem to be anything else going on from the photos. PMG standards say
Quote:
Choice Extremely Fine 45 - A note with two to three heavy folds, one of which may be horizontal.
and
About Uncirculated 50 - The note has two heavier folds or light horizontal and vertical folds. The handling can be significant.


I would have thought it a 45 with a shot at a 50 based on those photos alone
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walk2dwater's Avatar
Canada
2596 Posts
 Posted 11/21/2018  5:03 pm  Show Profile   Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply

Quote:
This one now has a new home

We don't see Colonial Bank of Canada notes very often...
Lucky you!
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Coinfrog's Avatar
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 Posted 11/21/2018  5:36 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Those are indeed PMG's stated guidelines, but in my experience they are virtually always more conservative than that. Those standards sound more those of PCGS, where it is not uncommon to find a noticeable 4-fold note in a 40 holder, which I've seldom seen in a PNG holder. The disparity between the standards of these two companies widens every year.
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 Posted 11/21/2018  5:53 pm  Show Profile   Bookmark this reply Add Missouriblue to your friends list Get a Link to this Reply
I don't understand with today's technology that someone has not put a program together with a scanner to grade notes. I think that would take the guess work out of it.
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Coinfrog's Avatar
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94367 Posts
 Posted 11/21/2018  6:01 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Such a tool might help simplify centering/registration issues, but that factor applies principally to uncirculated notes, and even then is only one consideration. It wouldn't really help sort out the diverse issues affecting circulated notes.
Edited by Coinfrog
11/21/2018 6:04 pm
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techwriter's Avatar
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1285 Posts
 Posted 11/21/2018  7:57 pm  Show Profile   Bookmark this reply Add techwriter to your friends list Get a Link to this Reply
Hmmm, maybe I should break it out of the holder and sell it raw as maybe an XF40 or such. Nah, not my style.
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techwriter's Avatar
United States
1285 Posts
 Posted 11/21/2018  8:03 pm  Show Profile   Bookmark this reply Add techwriter to your friends list Get a Link to this Reply
walk2dwater said

Quote:
We don't see Colonial Bank of Canada notes very often...
Lucky you!


Well, don't see the $1 so often, the $2,$3,$4,$5 show up on ebay and some other foreign auctions at times. You would think more would be "around" as they are the more common. Oh well, I'm not complaining and besides it does have a nice pedigree.
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Coinfrog's Avatar
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94367 Posts
 Posted 11/21/2018  8:52 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
All things considered, I think this super Brown Back $5 is correctly graded at 30. PMG almost always nails it.
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SteveInTampa's Avatar
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4637 Posts
 Posted 11/22/2018  05:43 am  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
You really don't get the true perspective of a notes condition with two dimensional flat scans. Side lighting can show why a note graded VF30 deserved the grade, as shown below.


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