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How Did I Do? Or Did Greed Get The Best Of Me?

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Author Previous TopicReplies: 13 / Views: 1,536Next Topic  
Pillar of the Community
starbuxinvestor's Avatar
United Kingdom
616 Posts
 Posted 10/25/2012  12:00 pm Show Profile   Bookmark this topic Add starbuxinvestor to your friends list Get a Link to this Message Number of Subscribers
I bought a North Africa $10 35 PPQ for $55 with shipping yesterday. A total impulse purchase since I had 2 North Africa $10s come in the mail yesterday. But the price seemed too good for a graded note to pass up. Another went 35 PPQ went for $89 later in the day. So did I do good or did my greed get the best of me?
Pillar of the Community
oih82w8's Avatar
United States
7840 Posts
 Posted 10/25/2012  12:06 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
I would only have one, being a type collector, however, there are times when I place a low bid on something and if I win it, I will flip it. Unless it is an upgrade on a previous purchase.

Overall, I see nothing wrong with making a good purchase.
Edited by oih82w8
10/25/2012 12:08 pm
Valued Member
The Bill Collector's Avatar
United States
486 Posts
 Posted 10/25/2012  12:19 pm  Show Profile   Bookmark this reply Add The Bill Collector to your friends list Get a Link to this Reply

You may be hoarding North African 10's but don't know it, if you buy one to up-grade your collection that's ok, but if you buy two or more your are either building up a dealer stock or becoming a hoarder.

Be very careful, this currency collecting thing can turn into a disease and it seems the only temporarily cure is to buy more currency.

The only way I got cured was by convincing myself that at my age I don't need any more than one of anything, so far that's been working.
Bill Collector

Pillar of the Community
starbuxinvestor's Avatar
United Kingdom
616 Posts
 Posted 10/25/2012  2:44 pm  Show Profile   Bookmark this reply Add starbuxinvestor to your friends list Get a Link to this Reply
My goal is to only have 1 but thought I might be able to trade or sell extras.
Pillar of the Community
United States
742 Posts
 Posted 10/25/2012  2:52 pm  Show Profile   Bookmark this reply Add lettow to your friends list Get a Link to this Reply
You did better than the person who paid $89.00. Maybe. Remember that block letters are important for this series.
Valued Member
The Bill Collector's Avatar
United States
486 Posts
 Posted 10/25/2012  4:20 pm  Show Profile   Bookmark this reply Add The Bill Collector to your friends list Get a Link to this Reply
If your Goal is to have a type set of North Africans like the 1,5,and 10, I wouldn't worry so much about block letters, fancy numbers, and things like that, I would go for condition, that's what makes a type set "look" nice.
Bill Collector
Bedrock of the Community
Bryan1315's Avatar
United States
14454 Posts
 Posted 10/25/2012  4:21 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
you didn't mention it so I have to ask, who graded the note? That could effect the value of the note also
Pillar of the Community
starbuxinvestor's Avatar
United Kingdom
616 Posts
 Posted 10/25/2012  4:25 pm  Show Profile   Bookmark this reply Add starbuxinvestor to your friends list Get a Link to this Reply
PCGS. All but 1 of my graded notes are PCGS, and that one is PMG.
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babysitr's Avatar
United States
1339 Posts
 Posted 10/25/2012  6:11 pm  Show Profile   Bookmark this reply Add babysitr to your friends list Get a Link to this Reply
starbux,,,i have that in my raw one....vf.....wish it was slabbed....that's a good buy!! bay the way, how could you have too many?
Pillar of the Community
kookoox10's Avatar
United States
1054 Posts
 Posted 10/25/2012  6:13 pm  Show Profile   Bookmark this reply Add kookoox10 to your friends list Get a Link to this Reply
You're okay right now, but if you buy another, I think that's hoarder status right there. On a separate note, you did well on the graded example.
Pillar of the Community
Ceylon62's Avatar
United States
1285 Posts
 Posted 10/25/2012  7:19 pm  Show Profile   Bookmark this reply Add Ceylon62 to your friends list Get a Link to this Reply

Quote:
Be very careful, this currency collecting thing can turn into a disease and it seems the only temporarily cure is to buy more currency


A few weeks back I went to my storage...I was amazed as to what I HAVE saved...after a point I started counting just the face value and got a even bigger headache and decided to leave them and go back to it another day.

Yes some of it's just worth face, but I can justify why I bought / saved / collected / traded into each and every one of the notes.

May be there is a CC (currency collector) anonymous out there somewhere.....


Valued Member
The Bill Collector's Avatar
United States
486 Posts
 Posted 10/25/2012  7:32 pm  Show Profile   Bookmark this reply Add The Bill Collector to your friends list Get a Link to this Reply
Maybe you should share some of what have put away, this way you will have room for more stuff
Bill Collector
Pillar of the Community
Ceylon62's Avatar
United States
1285 Posts
 Posted 10/25/2012  8:13 pm  Show Profile   Bookmark this reply Add Ceylon62 to your friends list Get a Link to this Reply
BC, I am still trying to sort out how to sell / trade the extra's....But the market is soft and not sure how many on this forum are into fancy sn type notes like Nick and I...or even for that matter ChCu short run star pairs etc.

On the other side of things...my rarer fancy sn notes are stronger / have solid bids but I am not willing to let them go.

BTW, I do find room for more stuff...It's called.....more storage.

One more thing...not to offend anyone...what is considered RARE is NOT that rare


Even Zeeeeeeeee would understand...I miss that poster.
Valued Member
The Bill Collector's Avatar
United States
486 Posts
 Posted 10/25/2012  11:04 pm  Show Profile   Bookmark this reply Add The Bill Collector to your friends list Get a Link to this Reply
Hi Ceylon62,
You say your not sure how many on this forum are into fancy sn type notes. I agree, sometimes I wonder how many are currency collectors in general. I've had a Want to Buy list up for awhile now, it's had over 200 hits, but haven't bought one note that is on my list.

I do get a lot of questions like what are F numbers, what does DC and FW mean, or how do I tell if the bill I have is XF, with questions like that I know I'm not talking with a currency collector that has been at it awhile.

I guess everyone has to start somewhere and this seems to be one of the better sites for young and older beginners.

I don't mind helping a beginner, but it gets to be such a wast of time with all the "whats it worth" post. I wish CCF had a separate section for the "whats it worth" crowd, they could post all that type of thing there, and the regular Paper Money section could be used for learning about Currency Collecting. I belive that Currency Collecting is more than just about "whats it worth".

I've never tried to sell anything on this site so don't know how good it is for selling, as most know I'm more of a collector, than a seller or dealer. One thing for sure, I haven't been able to buy anything, maybe it's more of a sellers site, then again if it's more of a sellers site I cant imagine why I haven't been able to buy anything ?.
Bill Collector

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