Need Advice... - Coin Community Forum

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Author	Replies: 7 / Views: 1,468
yogurt Valued Member United States 84 Posts	Posted 01/27/2013 10:30 pm A guy local to me has this for sale wonder if I should buy it and try to flip it and make a little money. He is asking $300 obo Federal Reserve Bank of Chicago 20.00 series of 1929 Two 5.00 red note one is series of 1963 and second is series of 1928 A One 5.00 silver certificate series 1953 A Five 2.00 red notes following series 1963,1963,1953,1953B,1953C Five 2.00 bills Three 1.00 silver certificate star notes following series 1957,1957A,1957B Thirty-One Silver certificates multiple series One 5.00 silver certificate rated by Gallery Coin Company (G.C.C) rated XF-30.Bill is series 1934 A Edited by yogurt 01/27/2013 10:34 pm Report this Post to the Staff

Woodford Valued Member United States 207 Posts	Posted 01/27/2013 11:11 pm Hi yogurt, Given the info that you provided and the pictures. I tried to place a very rough estimate of what the entire lot is worth if sold at auction individually for each note. With the help of my Red Book and personal experience, I added together an estimate of each note and came up with $298 for the entire lot. So the offer of $300 is fair if you were to keep the entire lot, Although the margin for profit is small even if you did sell each note individually. good luck yogurt! Report this Post to the Staff
yogurt Valued Member United States 84 Posts	Posted 01/28/2013 07:53 am Thanks I did not have a Red Book to check prices. Report this Post to the Staff
Voshus007 Valued Member United States 442 Posts	Posted 01/28/2013 6:52 pm Yes I agree with the above post by woodford but that national price can be wild it could be anywhere from $50-75 for that one depending on the condition and on the person you sell it to. Other than that I see it as a great price. Report this Post to the Staff
tornandfrayed75 Valued Member United States 447 Posts	Posted 01/28/2013 10:14 pm I would be interested in the 1928 A red seal $5 Report this Post to the Staff
D0ubl3Eagle Pillar of the Community United States 5854 Posts	Posted 01/28/2013 10:39 pm Based on what I see and the information provided, I think the lot is probably worth around $200 give or take. Report this Post to the Staff
nationals Valued Member United States 137 Posts	Posted 01/29/2013 2:46 pm I think if you paid 50% over face value you would probably only break even. Report this Post to the Staff
Joe2007 Pillar of the Community United States 3843 Posts	Posted 01/29/2013 7:06 pm Lots of really common stuff that might be difficult to flip. I agree with nationals the asking price for this lot is way too high. Report this Post to the Staff
	Replies: 7 / Views: 1,468

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