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Replies: 9 / Views: 2,115 |
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New Member
Australia
22 Posts |
My dad has the following notes and wants to know if they are worth anything:
Commonwealth of Australia: $2 Note Serial: GXF 633585 Signatures: Phillips and Wheeler?
$10 Note Serial: SRE 367432 Signatures: Phillips and Randall
$20 Note Serial: XAK 303196 Signatures: Coombs and Wilson
Australia: $2 Notes Serial: JYN 451005 Signatures: Can't Make out and Stone
Serial: LJB 521994 Signatures: Johnston? and Fraser
Serial: LHY 599040 Signatures: Johnston? and Fraser
Serial: LJJ 590514 Signatures: Johnston? and Fraser
Serial: LKV 696266 Signature: Johnston? and Fraser
Thanks
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Pillar of the Community
Australia
4411 Posts |
Value above face value depends completely upon grade. None of them are first or last prefix. I would guess the unidentified signature is Knight. People are often unable to make out his signature.
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New Member
 Australia
22 Posts |
Does grade mean quality?
The $20 note looks like it has never been used, my dad thinks he has seen sites saying upwards of a few hundred dollars
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Pillar of the Community
Australia
4411 Posts |
Yes sorry grade is the quality. If they are strictly UNC then they will all be worth a bit.
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Valued Member
Australia
428 Posts |
what about these ones 
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Pillar of the Community
Australia
877 Posts |
Kel, I bought about $2200 of $50 and $100 paper notes from the bank some while back. Gleanings from a much larger quantity that had been just cashed in (they locked me in the manager's office while I went through them). They were in range of EF to aUNC; really nice clean, crisp notes. I started selling them on ebay with initial bid price at face value. After a few weeks I gave up and cashed them back in. The premium, on face value, I obtained averaged just enough to cover ebay and PayPal costs with less than $1 profit per note! The conclusion I drew is that lower face value notes command a good premium because they are lower face value -$100 notes are worth $100 before you start so a collection of them is going to cost way more than lower value notes. So, people concentrate on what is affordable. That said, the higher value notes may be good "keepers" because they will be scarcer as years pass. I think I should have kept some of the best ones for that reason (and I have just started getting more into collecting notes and some of those ones would now be a lovely addition to my paper note album). Oh, what a wonderful tool is hindsight.  Jeff
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Valued Member
Australia
428 Posts |
the other side 
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Valued Member
Australia
428 Posts |
thanks for that jeff , no problems with these notes at all , I would not put them on ebay because if you sell a $ 100 dollar note on ebay for $ 105.00 you have to pay fees on $ 105.00 not on the profit of $ 5.00 only , so you are paying money on your own money ,.i dont like that at all. these notes are from an old lady friend who wanted me to sell them for her because she is to fragile to go out , and there are no coin shops where we live only in brisbane .i made a mistake and gave her $ 983.00 for the lot and I can only get back $ 925.00 selling at cost , but I added up wrong so I will cover my losses of about $ 65.00 no worries , but I did not know if the banks would take them back or not , but now I think they will so tomorrow or next thursday after christmas I will return them to my bank . and recover some of my losses.. what I have is 1 x 100 4 x 50 1 x 20 13 x 10 6 x 5 3 x 2 and 4 x 1 all old notes and not is a really good condition , so I think the best thing for me to do is take them back to the bank ,,, any way thank you for your message about them ,.. seasons greetings to you and your families ..from ,, kel ,,
Edited by keldaw2222 12/20/2012 02:28 am
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Pillar of the Community
Australia
869 Posts |
Hey Keldaw2222, are any of the $10's Coombs/Wilson? I'm chasing an irrelevant SAE prefix.
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Valued Member
Australia
428 Posts |
HI G 23 , sorry mate , but they all went back to the bank yesterday , you should have seen the girl,s eye,s light up when I handed them over , $ 800.00 worth none of the sig were wilson and I dont think anybody would want any of them , the condition was far from unc , because they were stored in a bottle and they were wavey and would not flaten out. I still think the girl at the bank would have rang her husband and asked his advice still ..
,, kel ,,
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Replies: 9 / Views: 2,115 |
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