| Author |
 Replies: 7 / Views: 1,731 |
|
|
Valued Member
Canada
290 Posts |
I withdrew 1000$ in tens two days ago and surprise, I find this 3 digit radar:  It's not in the best of conditions, but it is my first one so I will keep it. I grade it as VF. Could it bring a small premium in a few years, like after we switch to polymer? |
|
|
|
Pillar of the Community
Canada
1984 Posts |
I am not sure if my statistics are correct, but I would think that for any given first four digits on a note, there is only 1 note out of the 1000 possible combinations of the last three digits that would make a radar. So I am thinking the odds of a radar of any type are 1 in a thousand. So pretty good luck on getting one in a hundred!
Edited by Smallcentguy
04/27/2012 2:11 pm
|
|
Pillar of the Community
Canada
4944 Posts |
Quote:
Could it bring a small premium in a few years, like after we switch to polymer? It could bring a small premium now. Once Canada changes over to all polymer banknotes, the value of the note will not increase. There are so many radars on the market, and they are still being found. |
|
Valued Member
 Canada
290 Posts |
Smallcentguy you are correct, according to my calculations these probabilities are correct. However since there are collectors taking radars out of the circulation the probabilities are even lower than that. I would have no idea of the actual probabilities of encountering a radar and I think they change everyday as radars are found by collectors.
|
|
Pillar of the Community
Canada
2366 Posts |
I found a guide on special serial #'s a while back, don't remember where. It includes rough estimates for values. Apologies for pirating the following from it. :-)
Three and Four Digit Radars: The serial number consists of only 3 or 4 digits. These are common notes.
Example: 1409141, 0049400, 2533352 Price: $20 to $120 (Roughly $15-$20 over Face Value)
|
|
Pillar of the Community
Canada
1166 Posts |
It's always exciting to find your first. I search 1,500-2,000 notes per day (part of my job  ) and I rarely keep radars unless they are binary. I come across a lot of three digit radars and had very little interest from other collectors for them. If you wanted to sell it on ebay, you might find a buyer who collects certain number combinations. Keep looking! There's a lot of good ones floating around! |
|
Valued Member
Canada
290 Posts |
Thank you all for the info. I'm pretty much a newbie at this, but keeping only binary radars(you do mean 2 digit radars, right?) makes sense to me.
kuh_85, these prices are for UNC notes ?
ikandiggit, these notes you search daily, are they all UNC ?
|
|
Pillar of the Community
Canada
1166 Posts |
Quote:
ikandiggit, these notes you search daily, are they all UNC ? Nope. They are the proceeds from the VLT machines (slot machines- we have a dozen of them), delivery drivers and the restaurant and lounge. Once in a while, there will be a new stack when we convert some of the worn notes at the bank but generally, they are circulated notes. I have pulled a lot of error notes from them ie. mismatched prefixes, mismatched serial numbers, shifted serial numbers, stuck digits and an inverted serial number. I've posted most of them in previous threads. |
| |
Replies: 7 / Views: 1,731 |
|
Posted 04/27/2012 2:05 pm
