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What Would Be The Maximum You Would Pay For These?

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New Member

Australia
12 Posts
 Posted 12/24/2012  4:09 pm Show Profile   Bookmark this topic Add dosh to your friends list Get a Link to this Message Number of Subscribers
http://www.ebay.com/itm/STAR-NOTES-...em3a7cd89306

Quite a nice collection of star notes which are my favourite. So far the auction is at $10,098 with still 5 days to go.
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stevo1962's Avatar
Australia
908 Posts
 Posted 12/24/2012  5:06 pm  Show Profile   Bookmark this reply Add stevo1962 to your friends list Get a Link to this Reply
The first 3 notes have a c/v of over $20000 each and minimum average c/v for the remainder is about $1600 if his grading is accurate so total c/v would be at least $86000 but potentially much more.I would say that if you budget to spend $30000 you would be getting a serious bargain
New Member
Australia
12 Posts
 Posted 12/24/2012  5:33 pm  Show Profile   Bookmark this reply Add dosh to your friends list Get a Link to this Reply
Well that is some serious value there. It will be interesting to see what the winning bid will be on ebay. Personally I would have put them in a auction house. Timing plays a big part too, And with it also being the xmas period, it may be harder to get the highest price. I wouldn't be surprised to see these notes go for an absolute bargain.
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stevo1962's Avatar
Australia
908 Posts
 Posted 12/24/2012  6:07 pm  Show Profile   Bookmark this reply Add stevo1962 to your friends list Get a Link to this Reply
If it was me selling them I would auction them seperately because I think he's going to lose a lot of money
in one foul swoop by selling them as one lot
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MobOfRoos's Avatar
Australia
762 Posts
 Posted 12/24/2012  6:39 pm  Show Profile   Bookmark this reply Add MobOfRoos to your friends list Get a Link to this Reply
That is quite a fire sale.

The market is pretty soft at the moment for star notes. The recent Status International auction had most of them left unsold and the latest 2013 McDonald guide has down graded the values by a large amount.

It might be a good time to pick some up
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enworb's Avatar
Australia
4411 Posts
 Posted 12/24/2012  10:00 pm  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
Its a bit silly to sell them all at once like that. Single lots realise higher total prices in most cases.
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Jeff's Avatar
Australia
877 Posts
 Posted 12/24/2012  11:28 pm  Show Profile   Bookmark this reply Add Jeff to your friends list Get a Link to this Reply
I agree that multiple lots would have been a better idea for the seller.
Many people would be interested in these notes but unable to afford the tens of thousands they may fetch. However, they might be able to afford one or two notes for a few hundred or a few thousand dollars each. That would mean more bidders which usually drives the bid price up quickly.

Jeff
Valued Member
dcoin's Avatar
Australia
191 Posts
 Posted 12/25/2012  03:20 am  Show Profile   Bookmark this reply Add dcoin to your friends list Get a Link to this Reply
Personally I would never bid of a banknote which I haven't viewed first, just my 2 cents worth, they are impossible to grade and/or tell if they have been cleaned. Are you from Victoria, if you can view and smell them before paying for them then I would say go for it.
Valued Member
Australia
318 Posts
 Posted 12/25/2012  06:46 am  Show Profile   Bookmark this reply Add CoinManTim to your friends list Get a Link to this Reply
im not convinced dcoin, I think starnotes are rare enough to gamble a bid. However, for $10,000+ it's a different kettle of fish!

-- agree with others, piece them off individually!!
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goatieman23's Avatar
Australia
869 Posts
 Posted 12/25/2012  4:13 pm  Show Profile   Bookmark this reply Add goatieman23 to your friends list Get a Link to this Reply
Dcoin; exactly as I my opinion would lie.
Cleaned/bleached?
Pressed?
Re-coloured?
Repeaired?
Could this be part of the reason they're selling as a bulk lot?

Mill Park is a scumy area of Melbourne...so are they stolen?
It wouldn't be hard to pull out a set & put them in a pocket. The sellers lastest buying feedback includes a random lot of 4 cheap (less than $15) coins (none of which are Australian.

Seller hasn't sold for a long time...seller has lots of private selling history.

NO RETURNS!! (only Paypal Insurance...if the amount hits $30 odd thousand & you pay $20k through Paypal, you'll be losing any extra dollar above the $20k mark)
By the way, who would pay $20k+ with Paypal anyway?

You'd have to have a look for sure. It's not a $100 note, or even a $1000 note so I'd be taking a decent look for sure.

It's a pity I'm in Enworb territory till the 30th of December, otherwise I would've gone up to Mill Park (about a 40 min drive from where I normally am.

To me it seems that the weaknesses outweigh the strengths by a longshot.

Mind you, the photos are dismal. If you're even going to place a big bid on them, you'd at least want to be seeing large scaled, high quality, detailed images.

I've just messaged the seller:
"Hi there, is there any chance of looking at the items in person?
I need to see them in person before I'd be placing a bid, just to be sure that they haven't been cleaned, bleached, pressed, re-coloured or repaired? I'm in the Eastern suburbs.
Cheers."
Edited by goatieman23
12/25/2012 4:20 pm
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goatieman23's Avatar
Australia
869 Posts
 Posted 12/25/2012  7:53 pm  Show Profile   Bookmark this reply Add goatieman23 to your friends list Get a Link to this Reply
I was a bit surprised with a responce from the seller allowing me to arrange a time to see then notes. A pity I'm interstate.
Valued Member
Australia
105 Posts
 Posted 12/26/2012  12:54 am  Show Profile   Bookmark this reply Add Graeme to your friends list Get a Link to this Reply
Thats a bit harsh saying that Mill Park is a "scumy" area of melbourne.
Lots of good people live in the Northern suburbs and plenty of genuine collectors.
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MobOfRoos's Avatar
Australia
762 Posts
 Posted 12/28/2012  7:17 pm  Show Profile   Bookmark this reply Add MobOfRoos to your friends list Get a Link to this Reply
The bidding is up to $16,000 which I think is about right. Thats $1,000 per note which is all I would be prepared to pay "as is".

I agree with goatieman though that it does seem a bit "sus" that someone who has never bought or sold coins on ebay before would suddenly have a listing like this.
New Member
Australia
24 Posts
 Posted 12/29/2012  01:39 am  Show Profile   Bookmark this reply Add quang to your friends list Get a Link to this Reply
+1 on Goatieman
To add there should be scans of the notes not poor pixelated photos from across the room, I can't imagine the ebay and Paypal fees ~2K. I have seen that the guy has listed this multiple times, the bidding has gotten to 25g and he's not happy.

+1 Enworb
Should sell individual ones instead of bulk buy. He must be in need of the money. Hmmmm.....

Maybe 30g-40g if I had the money or a winning lottery ticket.
Edited by quang
12/29/2012 01:40 am
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Peter THOMAS's Avatar
Australia
2830 Posts
 Posted 12/29/2012  01:52 am  Show Profile   Bookmark this reply Add Peter THOMAS to your friends list Get a Link to this Reply
20 hours to go: Current bid: 56 bids; AU $19,975.00 [Approximately US $20,694.10]

New Member
Australia
12 Posts
 Posted 12/29/2012  03:42 am  Show Profile   Bookmark this reply Add dosh to your friends list Get a Link to this Reply
With still 19 hours to go it should hit the 25g mark I reckon, and that would probably be the max..............maybe.
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