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 Replies: 8 / Views: 4,254 |
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Valued Member
United States
252 Posts |
All, I have a retiree that is trying to price some of his collection. I don't know bills or any of the resources to find all of the info other than a guestimate based off of ebay. He has a 1953 $2 Silver Cert with the red stamp. It has a pretty harsh crease directly down the middle of the bill, but other than that no rips or missing/folded corners. The big one though is he has 5 1976 series $2 Bills that are all sequential. They are mint. No creases, no spots on the bills at all. Any help is greatly appreciated as he is attempting to sell pretty much his entire collection as soon as possible. |
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Valued Member
 United States
252 Posts |
I'm sorry, I know the first question is pictures for the condition, but I didn't have my phone with me and I won't see him until next Thursday again.
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Pillar of the Community
United States
2850 Posts |
The 1953 $2 is actually a legal tender note rather than a silver certificate. These are common in circulated condition and might be worth a couple dollars over face. The consecutive 1976 bills, although in good shape, are also quite common. A lot of these notes were saved and hoarded so that resulted in a big population of uncirculated notes even today.
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Pillar of the Community
United States
7620 Posts |
A circ (non-star serial number) 2$ 53 red seal with a crease in it would be anywhere from fine to extra fine condition. The wholesale "buy" on an item like that is in the $2.25 to $3.00 range at most shops IF they want to buy it. Most shops have a huge inventory of that type of stuff. In fact, some shops I know give low end (torn off corners, writing, etc) red seal $2 bills back in change sometimes.
On the consecutive $2 bills from series 1976 it is a little bit tougher to estimate a value. Better districts like Minneapolis and Kansas City carry a premium in both regular and star notes. Star notes from any of the other districts carry a premium of a few dollars over face value to several dollars over face value. The other districts regular (non-star) notes are bought by the telemarketers in the $2.50 to $3 range when they get ready to do a big promotion.
As always, fancy serial numbers and low serial numbers can add value.
So, all we need now are pictures!
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Valued Member
United States
252 Posts |
Western, I hope to have pictures come next Thursday. I did get a bit of time today between this and that and leaved a little about paper. The serials were mid range (I did know to check for that) but I have no idea what district they were from. I just hate breaking the guy's heart because everything that I've asked him his price on he pretty much has the price doubled. He had a 60 something red seal $2 and he said $30 on it. He is willing to negotiate though and when I see him next week I'll let him know what I've found and he'll adjust.
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Moderator
 United States
56855 Posts |
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Valued Member
United States
252 Posts |
John, thank you for that link. That seems to be just what he needs and I can brush up a little on notes now as well.
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Pillar of the Community
United States
7840 Posts |
Are the 76 Series "star" notes?
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Valued Member
United States
252 Posts |
No they are not stars ladders, repeaters, or low SNs, or anything special that I could spot right off(I have to show off that I know what those are after running through all of the archives in here). They are just really nice crisp, right out of the mint bundle sequential numbers. I may see if I can add them to my collection as a nice olderish note example now that I know that it shouldn't break my bank.
I love this forum for the amount of knowledge that you can gain by digging a bit. The archived posts have taught me tons over the past 2 days on notes and shown me somewhere to go and price them.
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Replies: 8 / Views: 4,254 |
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Posted 01/15/2015 08:27 am
