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Are These Notes Worth Anything?

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Author Previous TopicReplies: 9 / Views: 2,115Next Topic  
New Member
Ben170292's Avatar
Australia
22 Posts
 Posted 12/13/2012  06:10 am Show Profile   Bookmark this topic Add Ben170292 to your friends list Get a Link to this Message Number of Subscribers
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
Pillar of the Community
enworb's Avatar
Australia
4411 Posts
 Posted 12/13/2012  06:48 am  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
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.
New Member
Ben170292's Avatar
Australia
22 Posts
 Posted 12/13/2012  06:55 am  Show Profile   Bookmark this reply Add Ben170292 to your friends list Get a Link to this Reply
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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enworb's Avatar
Australia
4411 Posts
 Posted 12/13/2012  07:53 am  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
Yes sorry grade is the quality. If they are strictly UNC then they will all be worth a bit.
Valued Member
Australia
428 Posts
 Posted 12/20/2012  01:50 am  Show Profile   Bookmark this reply Add keldaw2222 to your friends list Get a Link to this Reply
what about these ones

Are-These-Notes-Worth-Anything?
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Jeff's Avatar
Australia
877 Posts
 Posted 12/20/2012  02:07 am  Show Profile   Bookmark this reply Add Jeff to your friends list Get a Link to this Reply
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
Valued Member
Australia
428 Posts
 Posted 12/20/2012  02:07 am  Show Profile   Bookmark this reply Add keldaw2222 to your friends list Get a Link to this Reply
the other side

Are-These-Notes-Worth-Anything?
Valued Member
Australia
428 Posts
 Posted 12/20/2012  02:25 am  Show Profile   Bookmark this reply Add keldaw2222 to your friends list Get a Link to this Reply
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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goatieman23's Avatar
Australia
869 Posts
 Posted 12/21/2012  05:27 am  Show Profile   Bookmark this reply Add goatieman23 to your friends list Get a Link to this Reply
Hey Keldaw2222, are any of the $10's Coombs/Wilson? I'm chasing an irrelevant SAE prefix.
Valued Member
Australia
428 Posts
 Posted 12/21/2012  3:49 pm  Show Profile   Bookmark this reply Add keldaw2222 to your friends list Get a Link to this Reply

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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