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Replies: 14 / Views: 8,589 |
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Pillar of the Community
Canada
2984 Posts |
For the upcoming Torex auction, I am interested in a Solid Radar, Ladder banknote, and Million number note.
Which of these 3 would is most valuable? I am trying to figure how much a maximum bid I should bid for one or more of these banknotes.
For example, what range do a solid sell for? a ladder? a million number note?
Is a bid for a ladder note close to $1000 too high?
Edited by MoneyPenney 06/03/2015 05:24 am
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Valued Member
Canada
372 Posts |
I am no paper money collector but why don't you look at past auction results. The grades should also dictate the price you are going to pay.
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Pillar of the Community
Canada
3049 Posts |
All things being equal, condition of the note and type of note that is being offered, solids usually get a higher premium than ladders. A look at some past auction results is wise to show you how much you should be looking to pay for such a note.
If you're interested in a solid 7 note .. $20 mulitcolour issue I have one that I was going to put to market pretty soon feel free to send me a pm to get further details.
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Bedrock of the Community
Canada
21610 Posts |
You have them in right order for value with Solid Radar the most valuable. The $1000.00 bid would depend on what year and denomination note you are looking at.
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Pillar of the Community
Canada
2366 Posts |
I pirated the following from another member of this forum who posted it a while back. :-)
"SPECIAL" Bank Note Serial Number Patterns Here is a breakdown of the "special numbered" notes, that you should be looking out for. All of the prices are just estimates. (The prices are given for the Journey Series notes - Which is the currency that is used on a day to day basis) If a "special number" is on an older series of banknote, then it will be worth more. All of the estimates given are for Uncirculated condition. The price will change based on condition, denomination, and prefix.
Solid Radars: The serial number consists of only 1 digit. Since the majority of Canadian notes have a run of 10,000,000 (Serial Numbers 0000001 to 9999999) - There are only 9 "Solid's" per prefix. The serial number 8888888 is worth more and will be talked about later. Example: 1111111, 2222222, 3333333 Price: $1,000 to $1,250 *Note: The serial number 8888888 is worth more and will be talked about later. (See "Rotator Note" Section)
Two Digit Radars: The serial number consists of only 2 digits. Example: 1221221, 0300030, 5115115 Price: $75 to $170 (Roughly $70 over Face Value) Three and Four Digit Radars: The serial number consists of only 3 or 4 digits. These are common notes. Example: 1409141, 0049400, 2533352 Price: $20 to $120 (Roughly $15-$20 over Face Value)
Ladder Notes: A "Ladder Note" has a consecutive serial number. Ladder notes can be Ascending/Descending or Ascending/Descending Radars. Example: 1234567 (Ascending), 1234321 (Ascending/Descending Radar), 9876543 (Descending) Price: $400 to $475
Million Numbered Notes: A million numbered note is exactly what it sounds like. The Serial number will consist of any number followed by 6 zeros. Just like the solid radar notes, there are only 9 of these per prefix. Example: 1000000, 2000000, 3000000 Price: $400 to $550
Low Serial Numbered Notes: Banknotes with a serial number that is 1000 or lower is considered to be a "Low Serial Numbered Note" Example: 0000001, 0000050, 0001000 (Low Serial Number Radar) Serial Number 1 - $1,550 to $1,750 Serial Number 2 to 9 - $110 to $325 Serial Number 10 to 99 - $20 to $180 Serial Number 100 to 999 - $18 to $135
Rotator Notes or "SWIMS" Note: The Serial Number on a Rotator note is the same as when you flip the note upside down. On a rotator note, the middle digit must be an 8 or 0, and the remaining digits have to be 0, 6, 8, or 9. Example: 9000006, 8980686, 6990669 Price: $130 to $240 *Note: The Solid 8's Note is probably worth $1,500
Repeater Notes: Repeater Notes have a serial number that keeps repeating itself. These can include radars. Example: 4014014 (401 Keeps Repeating), 0199019 (0199 Keeps Repeating), 5656565 (Two Digit Radar Repeater. 56 Keeps Repeating) Price: $80 to $170 (Two Digit Cycle) Price: $15 to $120 (Three Digit Cycle)
All Price Estimates are from "Charlton Standard Catalogue: Canadian Government Paper Money. 24th Edition"
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Pillar of the Community
Canada
3049 Posts |
Which member wrote that... ?
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Pillar of the Community
Canada
4944 Posts |
Quote: Which member wrote that... ? That's something I wrote out a year or two ago.
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Pillar of the Community
Canada
3049 Posts |
Ahhhh kudos CBN! Very well written!
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Pillar of the Community
Canada
4944 Posts |
Thanks, I've seen it posted a few times around the forum; I'm glad people are finding it helpful. 
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Pillar of the Community
 Canada
2984 Posts |
Thanks Kuh_85 for that info.
I still have a question though. Since Million numbered notes have 9 per prefix, the same ratio as solid radars, why are sold radars worth so much more than Million number notes? ie. $1000 vs $500
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Pillar of the Community
Canada
867 Posts |
supply and demand? I would rather have a solid note, rather than a million dollar note....(or in the USA: TEN million dollar note)
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Pillar of the Community
Canada
3049 Posts |
further that... even a non-collector who will get a note with a solid serial will generally think it's something neat and cool... while "million" notes would probably get overlooked by the average "non-collector"...
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Valued Member
Canada
254 Posts |
I just think that most people find solids more appealing. Perhaps people who have played too many slot machines... 
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Valued Member
Canada
304 Posts |
So I got this AWESOME two-digit radar repeater rotator for Christmas and immediately sent it to BCS. With four creases on the note I was hoping for EF-40 but it came back VF-35, too bad. Nevertheless I cannot find any references or links or ebay ads referring to two-digit radar repeater rotators, so I'm finding it almost impossible to put a value on it...any guesses? EDIT: see post above by KUH-85 (written by Canadian Banknotes): no mention of it here either 
Edited by malibu 02/16/2016 10:56 am
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Pillar of the Community
Canada
1222 Posts |
Malibu, sorry but I'm pretty sure your note is not a rotator....to be a rotator it would have to read the same when inverted, 8686868 when inverted becomes 8989898.
Cheers, Bill
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Replies: 14 / Views: 8,589 |
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