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Replies: 10 / Views: 4,915 |
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Valued Member
Australia
145 Posts |
Hello everyone, just signed up. I'm a silver collector, but stumbled across this last week and started scanning,and wow beginners luck I have a PE94 988 951 Note , I've studied enough to understand basic, first / last prefixs,radars,repeats,solids ect but need help with some of the notes I've collected this week,there all stored in plastic slips to stop futher wear! One thing not too sure on is 7 number radars? PE94 988 951 (This is highest number I've seen in circulated condition) it seems to rate somewhere around VF, counted about 6 minor pin holes ,the fold in center like they all do, does have crinkle effect but is still straight, apart from center fold. Also have a JE 02 998 899 radar now this I wouldn't rate more then the lowest grade, back of note pretty worn, front presents well. $50's not sure what these are worth if anything more then 5-10% face 7 numbers radar? DC 09 788 879( kept for 888 centered)EF + 6 numbers radar MA 99 768 867( This would be graded near bottom) R516bl 1996 last DA 96 688 963 (Has wave effect,would be F-VF) 2X AA 05'S AA 05 226 510 (F-VF) More towards lower grade) AA 05 921 961 (VF+? average wave effect,1xMIN fold AA 96 521 699 (F-V/F At best) Also kept 2 x $5 BA 06 954 596 BA 07 419 603 Both poor make other notes look mint 6 number radar$10 AK 06 281 182 Fine at best Would love to start getting more into this as I pass notes on and off so fast, I've had some rare ones in past that didn't realize at the time. 3 Questions I have would be any rough idea's on selling value of notes I have given? Would the JE 02 998 899 Be worth a little more then $35(was told that no one would pay more, but have a feeling that as its the last possible combo for a 6 number radar note, enough with reverse side in bad condition and isn't a first or last prefix,regardless the note has been promised to a ebay member before this listing,and keep my word as that's all we have in this life! I Know PE94 Will be in high demand(pity it didn't have 998 899 instead of 988 951) #3 The 50's worth much more? keeping the AA96 AND DA96 together is better even in condition, 7 radar 888 center note? Thank -you all, hope to help some of you collectors out as I get Te buzz from finding what people need and rare combo's and not in it for greed, for fun and trade's is more my style, but just looking for general advice and learning. Best of scanning everyone -Regards Sean   Edited by lostsean 06/14/2012 2:46 pm
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Formerly nancyc
Australia
5385 Posts |
Hi lostsean,  to CCF!  IMO, a 7 digit radar, is not a true RADAR, but some people do collect them, so if you like them, keep them. Not sure if anyone would pay over face for them though. 6 and 8 digit RADAR's are quite collectible and if in good nick will attract some premium above face. We have a member here, goatieman, who is pretty much an expert on notes, so he may have some sound advice for you. Stick around and check in often, plenty to learn here. 
life is a mystery to be lived not a problem to be solved
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Valued Member
 Australia
145 Posts |
Thank-you for warm welcome Nancyc, I'm already seeing goatieman is the center point of knowledge on notes :) I might just hold on to what I've got for now until I know, just hard keeping so much in 50's, but great way to save, I make everyone at work pull there notes out every day now, I don't want to collect but am feeling the urge :) I know I'm not parting with my PE94 too easy, even after been offered 10oz silver kooka coin, I mean $20 for 10 oz of silver, thats crazy, but love the idea of trading power.
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Valued Member
Australia
124 Posts |
 to CCF lostsean, this is the place to come to learn about Aussie coins and notes.  Good call about holding onto your $20 PE 94  and not swapping for a 10 Oz silver Kookaburra. The note is worth around twice as much. There's a PE 94 on e-bay now for sale and it has a hunk missing. http://www.ebay.com/itm/1994-LAST-P...em27c7d72a1b
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Valued Member
Australia
85 Posts |
You have come to the right place. I have been here myself only a short time and the people here are very friendly and most helpful.
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Valued Member
 Australia
145 Posts |
Thank-you guys, the note lead me here, I remember saying 2 days ago"i'd be happy to turn it into $100" now I'm getting plastic case and holding, not just as a profit, but I love long odds , and 1 off's, 111,000,00:1 or around there? Never can win lotto,but never pay to put it on, told my partner its free lotto you just have to read, she still thinks its a joke! what a awesome week, This note, 1980 original australian koala coin, and a 1kg silver bar made before 1981(i was born in 1984,lol the Venus transit has brough very much luck! Thank you for welcome, now I want to collect notes,
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Pillar of the Community
Australia
869 Posts |
Hi Sean &  I love polymer notes (almost all of  ). So I can tell you stats & etc. PE94 988 951 is worth money...it's also highly treasured &/or valueable to polymer collectors. (Not by me because I'm a $50 man) The best way to grade it is to use the following link that I posted a while back. https://goccf.com/t/110109Radar notes are desireable to certain collectors & certain collectors only, this type of collector will occasionally also go for what are known as repeater notes: e.g. JE02998998; semi solid notes; JE02999888 & other such interesting patterns. If your 998 899 radar was on a $50, I'd be interested even though it would probably only grade Fine or below. With radar serials, their commonality is: 6-digit radar: 1 in 1,111. 7 numbers radar? DC 09 788 879(kept for 888 centered) EF+ interesting numbers, but not really collectable, might sell for $60 odd (on ebay) if it's a true EF. 6 numbers radar MA 99 768 867 will depend on grade. I generally sell mine for just under $60 (if it's a nice grade I might sell it for $70) on ebay, just because I know that it's going to someone that cares about it. The AA05'S probably aren't worth anything above face value unless in nicer condition (EF+). Print run of 999,999. The DA96 might sell for $60+ on ebay (but depending on condition. DA96 had a print run of 626,999 which is about a third of a normal?standard? print run. The AA96 might sell for $60 for someone that's looking to put together a circulated collection of First/Last prefixes. The AA96 had a print run of 626,999 as with the last prefix of $50's that year. The issue with $5's is that they are the most circulated note. This always really creates a demand for higher grade. The $10 AK06 281182 radar in F might sell for $15 (absolute highest price). One thing to remember is that some people collect only certain denominations. In my case my most collected are $50's, then it's really whatever else that excites me. I like scarce prefixes, like your PE94 is very scarce, only 179,999 printed, but for some reason $20's just don't really do it for me...as in I won't pay for $20's (recently I paid $30 for a $20 JC07111175 in VF condition because I liked the fact that it was a last prefix but also had central radar/interesting serial number (but no-one else would care about it).
Edited by goatieman23 06/15/2012 8:08 pm
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Valued Member
 Australia
145 Posts |
Thank-you Goatie man, So basically,   I hit about the best note I could of in polymer notes $$$ wise, from a selling/trading point of view?, As much as I'm tempted to get into this, maybe no point with most notes circulating the last 15-18 (first of polymers) with $5 being easier to source,buy and hold onto, $10's all seem to damage easy? 20's could be a ok entry level, and 50's and 100's eatting into saving too fast(but a good incentive to save. 1 Question are there any stats on mathematics ,as in having X10 consecutive notes X5 face value, X100 X20 F/V(Just a rough example) Help me find something to hold onto,to start collecting, lol. Not sure it's worth waiting for new notes to come out in next 3-15 years as it will note be the kind of money we are use too(maybe credits, RDIF chip based) Do you know if this website of any other has a data base where people can place numbers they own/need and want to trade? If not I belevie there should be one(for true collectors and traders,if everyone helps everyone,most people would be better off, without paying high premiums) I might hold onto this PE94 as I like it has high number and would be interesting to see if I can hit another before christmas, as the note should de-value, as long as keep in protective sleeve/casing. Thank-you to everyone for welcome, I will still continue to come here as I like my old Australian coins ,but main interest silver(i believe it maybe become currency in some form again after the euro/dollar ect fails,hence why it was taken out of money 50-80 years, systems that where designed to fail) Best of luck to everyone, I continue to look at every note and coin passing me or around me,as its a compulsion now,hoping to find another note that will keep the spark going. Happy hunting -sean
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Pillar of the Community
Australia
869 Posts |
Start hitting the $5 as they are easier to source, buy & hold onto. The only thing with the $5's is that you'll have to look through more to find better condition. https://goccf.com/t/121809To answer your question on stats relating to consecutive having x10 consec = x5 FV, x100 = x20 FV, I think something like that is too hard to work out. When I noodle from banks the likelihood of receiving consecutives is higher in $100's & lower in the $50's. I strugle to get any $20/$10/$5's in consecutives. Depends on where you're banking, but back in the day you could order lots of notes, I assume you still can, but you really need a banks bank. I have purchased many consecutives in paper notes, but not many in polymers (apart from last prefix KC05, 97 $5 test notes & some stuff from auctions). You can still buy consecutive, but you'd have to buy from the source; the RBA. I've managed to help many to start collecting. At the start you need a denomination or a subject. I am looking at purchasing some $5 polymers with the serial number 98888889 for myself & a couple of the other guys & there will be one spare. It may be of interest, it may not. Let me know & I'll let you know. They're not going to be too expensive, we're hoping less than $80 each note. That might get you into them...then you could noodle $5 notes. I've found a lot of nice recent first & last prefixes & other notes in the series/denomination aren't too overpriced, such as a 1997 general $5 test note, which will set you back about $75-$80 odd. Some of the earlier issues, depending on what they are could cost a bit. I've got some pale $5 that I'd sell too...but a reasonable price, rather than a dealer price. To me...it's all about give others the passion to collect what I collect. Waiting for new notes? Definitely, you can buy first & last prefixes annually from the RBA, they do hold a premium of about 35-40% above face depending on how many you order, but I'm planning on doing a bulk order for anyone that's interested. What kind of money will we use in the future? Only the RBA will be able to tell us...all I know is, we'd be a long way away from it now...considering the fact that NPA (Note Printing Australia) & it Securency technology which is now printing for (I think) over 30 countries. But when you look back to how early polymers were looking at being produced...it is amazing; below is from a wiki: Quote: Polymer banknotes were developed to increase the security of Australia's paper currency against counterfeiting. In 1967 forgeries of the Australian $10 note were found in circulation and the RBA was concerned about an increase in counterfeiting with the release of colour photocopiers that year. In 1968 the RBA started collaborations with the CSIRO and funds were made available in 1969 for the experimental production of distinctive papers. The insertion of an optically variable device (OVD) created from diffraction gratings in plastic as a security device inserted in banknotes was proposed in 1972. The first patent arising from the development of polymer banknotes was filed in 1973. In 1974 the technique of lamination was used to combine materials; the all-plastic laminate eventually chosen was a clear, BOPP laminate, in which OVDs could be inserted without needing to punch holes.
So we're talking that they just started producing new notes & they were already researching into a new technology. As for: Do you know if this website of any other has a data base where people can place numbers they own/need and want to trade? If not I believe there should be one (for true collectors & traders, if everyone helps everyone, most people would be better off, without paying high premiums); this is part of the reason that I try to help out whoever's looking for something. I can only do so much, I attend some auctions & buy, trade & sell with a few of the guys on the forum...as I said earlier, it's not about the profit, it's about collecting & spreading the passion. Definitely hold onto this PE94. The chances of hitting another one...very very unlikely! According to the RBA, there have been 870,439,000 $20's printed of which 140,000,000 are currently circulating. Therefore of one of the PE94's (179,999 printed), there may be 28,951 around...mind you this doesn't include which have been pulled out of circulation by us, dealers & banks because of too much wear etc. There's a likelihood of 1 in 30,066 $20 notes. As oldies would say...Buckley's chance. This note will only go up, because there is so much demand. Keep it in a book for now, until you buy some Kanga (Australian made) protective carded/plastic protective sleeves. Most dealers will sell them, otherwise ebay. Anyone into currency will always have my welcome. I once collected Pennies, then Halfpennies, then Threepences...then errors, then randoms, then noodled with lots of polymers inbetween. My addiction is now too broad. As for silver...Gold is the rich mans metal, silver is the middleclassmans, copper is the poormans metal. You're middleclassed, just like us! I'm interested in your theory about the belief that silver might become currency in some form again after the euro/dollar ect fails (all currencies are going to take a battering with Greece's election drawing near). The systems were definitely designed to fail. Have a look at the serial numbers of banknotes in Australia! Started as a single letter prefix with six numerals; e.g A123456 & over 99 years, it's now two single letters, two numerals & a six numeral serial number; e.g AA12123456. How the times change. You've got a lot of reading up to do! 
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Valued Member
 Australia
145 Posts |
Hey goatieman, tried private messaging you twice, said spam both times(maybe wrote too much?) noticed your from melbourne. Maybe in spare time could have a chat about a few subjects. Take care, -Sean
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Pillar of the Community
Australia
869 Posts |
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Replies: 10 / Views: 4,915 |
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