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Replies: 15 / Views: 2,036 |
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Valued Member
United States
240 Posts |
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New Member
United States
2 Posts |
This is truely amazing :)
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Pillar of the Community
United States
1031 Posts |
reichmarkcollecter, you must know Dillon?
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Valued Member
 United States
240 Posts |
sorry, that was my brother messing around, told him to check out this website and he must have found my post!
Edited by Dillon 12/31/2007 8:55 pm
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Pillar of the Community
United States
1031 Posts |
Welcome to the forum (both of you)! They are nice notes. I'm not sure of the value but with the 2 in sequence makes it even better. Thanks for the pics.
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Valued Member
 United States
240 Posts |
yea, I am still amazed that they are still toghether, I am guessing it is rare to have that!
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Pillar of the Community
United States
1031 Posts |
I'm not sure how likely it is to have 2 of those in sequence. I'll just MARK it as another note I don't have.
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Moderator
 United States
6563 Posts |
It's not unheard of. You can just as easily find sequential bills from the US from that same era. However it significantly raises the value and how much I want them now too
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Moderator
 Australia
16832 Posts |
If you bought them together, they probably have been kept together since they were issued. It certainly would be unusual to find consecutive numbers bought from two separate places at different times.
These notes were used at the height of the hyperinflationary period. You'd have needed bricks of these notes bundled together to buy anything useful with them.
I don't know how much it would "add value" to them. The seller obviously thought it wouldn't, or he would have sold them as a consecutive pair.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Valued Member
 United States
240 Posts |
yea, I bought them both toghether, I dont even think the man realized they were in sequence! to tell you the truth, I didnt even realize until after I bought them, I was looking them over, and spotted it!
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Pillar of the Community
United States
1984 Posts |
It's actually not that unusual to find sequential notes from the German hyper-inflationary period. I have a set of three tucked away somewhere, I think I paid a dollar each for them in AU/uncirculated condition. Much of this paper was worthless by the time it hit circulation and didn't pass through too many hands in commerce. It may be apocryphal, but I've been told they were considered a substitute for TP during other paper shortages.
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Valued Member
 United States
240 Posts |
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Valued Member
United States
230 Posts |
As was previously mentioned, during hyper-inflationary periods of history, there are times when the printing presses cannot even keep up with the devaluation value of the notes. During the hyper-inflationary period of Yugoslavia (1990-1994, during the civil war that splintered the country), by the time the National Bank got the notes from the printers and into circulation, the value had deteriorated to the point that the notes were handed out in complete "blocks" of 100 or even 1000. These "blocks" were often exchanged in commerce, without ever removing the notes from the banding. It is not uncommon to find these "blocks", with the notes in consecutive order, but showing signs of wear and circulation, still with the original bank straps and official stamp of the SDK (Central Accounting Office, similar to the US Fed. Reserve system), for sale for very reasonable rates (often well under $1 per note)
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Valued Member
 United States
240 Posts |
ok, thanks for replying! that is very interesting, that is amazing that a dollar can devalue that fast, from inflation
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Bedrock of the Community
United States
14454 Posts |
I get consecutive numbered dollars from circulation all the time so its not that rare, I have some 4 and 5 bills consecutive from circulation. Even they may not be rare I always keep them just because they were made together and I figure it is my duty as a collector to keep them together
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Pillar of the Community
Canada
1082 Posts |
Ah, you bought them together.
I had a situation where I bought a 5 Sucres note from Ecuador from a dealer in Toronto.
My grandfather also had a bunch of foreign banknotes that he got from a nephew a note at a time; the nephew (my second cousin) was a Doctor of Agriculture working for the Rockefeller Foundation, and he went from country to country consulting with foreign governments. In every country he went to, he would send my grandfather a postcard, and would usually pick up a piece of local currency for him, which he would send to my grandfather once he got home. Usually, my grandfather would get six or seven notes at a time this way.
After my grandfather died, my grandmother gave me his collection since she knew I was a collector as well.
While I was integrating it into my collection, I noticed that there were a few duplicates, but I decided to keep them in order to show "the other side" of the bill I already had. One of these duplicates was a 5 Sucres bill from Ecuador like the one I had bought from the dealer in Toronto about a year previously. Setting them together to see which one had the "cooler" serial number, I was astounded to find that they were consecutive!
I'll post a scan of them together tomorrow.
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Replies: 15 / Views: 2,036 |
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