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Ebay Final Bid On $2 Canadian Note

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Valued Member

United States
110 Posts
 Posted 05/19/2017  10:20 pm Show Profile   Bookmark this topic Add pocketchange2 to your friends list Get a Link to this Message Number of Subscribers
I have the $2 Canadian note (shown as attached).
A similar $2 Canadian note just sold on ebay for $15.50.
Can anyone explain why the note on ebay sold for $15.50, and what is the comparison of the note I have, relative to a note that sold for $15.50.

Ebay-Final-Bid-On-$2-Canadian-Note


Ebay-Final-Bid-On-$2-Canadian-Note

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Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 05/19/2017  10:28 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply
Was the one that sold on ebay the same prefix, and similar condition? If it is, I would just say it's a case of "bidding fever" and the seller got lucky that 2 people really wanted it.
Valued Member
Canada
395 Posts
 Posted 05/19/2017  11:56 pm  Show Profile   Bookmark this reply Add Talonbat to your friends list Get a Link to this Reply
Yours is in much worse condition and is not a sought after prefix unlike the one on ebay. The ebay one still went for way more then it should have, probably the case of shill bidding or bidding fever.
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1960NYGiants's Avatar
United States
667 Posts
 Posted 05/19/2017  11:59 pm  Show Profile   Check 1960NYGiants's eBay Listings Bookmark this reply Add 1960NYGiants to your friends list Get a Link to this Reply
Was the one on ebay a "devil's face" variety?

Gene
LM of RCNA
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mcshilling's Avatar
Canada
9160 Posts
 Posted 05/20/2017  09:09 am  Show Profile   Bookmark this reply Add mcshilling to your friends list Get a Link to this Reply
For that price it was probably a devils face, that was the first thing I looked at on your and it's not.
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Canada
1461 Posts
 Posted 05/20/2017  11:51 am  Show Profile   Bookmark this reply Add TheCoinHunter to your friends list Get a Link to this Reply
A link to the sold item would be helpful.
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Canada
9864 Posts
 Posted 05/20/2017  1:25 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
"Dipping" is not considered cleaning...
-from PCGS website
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McNickel's Avatar
Canada
261 Posts
 Posted 05/20/2017  3:39 pm  Show Profile   Bookmark this reply Add McNickel to your friends list Get a Link to this Reply
You may find an answer or explanation here:
http://www.coinsandcanada.com/bankn...0&id_denom=3

You can also check out their grading page here:
http://www.coinsandcanada.com/bankn...-grading.php

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MoneyPenney's Avatar
Canada
2984 Posts
 Posted 05/20/2017  3:45 pm  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply
Both yours and the one on ebay are spending money. I can't figure out why anyone would pay more than $2 for such ugly bills.
The one on ebay is a little better but has a lot of blue ink. Nothing special about either bills when it come to signatures,
prefixes, or serial numbers. The one on ebay is from one of the last ones issued for the 1954 run.

For the price paid on ebay you can get a nice uncirculated one for half the price.
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Canada
9864 Posts
 Posted 05/20/2017  4:12 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply

Quote:
it's a case of "bidding fever" and the seller got lucky that 2 people really wanted it.

There is no mystery here, it's as simple as that.
"Dipping" is not considered cleaning...
-from PCGS website
Edited by DBM
05/20/2017 4:14 pm
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mcshilling's Avatar
Canada
9160 Posts
 Posted 05/20/2017  4:37 pm  Show Profile   Bookmark this reply Add mcshilling to your friends list Get a Link to this Reply
Yep not worth it, the on on ebay is not a devils face.
Valued Member
United States
110 Posts
 Posted 05/20/2017  4:48 pm  Show Profile   Bookmark this reply Add pocketchange2 to your friends list Get a Link to this Reply
OK. Thanks everyone for your comments.
I found this note in a batch of stuff at an estate sale.
I do not collect Canadian monies, and had no clue why it was saved, except perhaps as a souvenir.
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Canada
1461 Posts
 Posted 05/20/2017  5:06 pm  Show Profile   Bookmark this reply Add TheCoinHunter to your friends list Get a Link to this Reply
Prices for 54 notes have been on the rise lately. Couple of year ago most dealers would only pay face for circulated notes. That's changing. Although $15 for a common stained note is a little high...
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Coinfrog's Avatar
United States
94367 Posts
 Posted 05/20/2017  5:34 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
For sure.
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SHAFTA9a's Avatar
Canada
10743 Posts
 Posted 05/20/2017  6:36 pm  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list Get a Link to this Reply
Yeah, I agree with the Coin Hunter..

Prices starting to rise but the one shown here has to be 'shill' bidders I would say to pay that much for that note.
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