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Replies: 18 / Views: 4,885 |
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Bedrock of the Community
Canada
10743 Posts |
Need a bit of info, bought a few coins from a friend/dealer yesterday and I picked up a Canada one dollar note, we both were talking and he had on the tag, 1967 Canada one dollar so I gave him what he asked for, $5, well, looked at it when I got home and it is a 1954 ' modified' note and a asterisk and a 'repeater' serial no# 0011440, which I think is called a repeater?, well I've got to get in touch with him because I would think it is worth more than $5 so, my question is- what do I pay him extra? Thanks for all replies. 
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Valued Member
Canada
414 Posts |
Hey SHAFT, the serial number isn't a repeater and doesn't add any extra value, what is important is the prefix, signatures and approximate grade.
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Bedrock of the Community
Canada
21601 Posts |
I agree. Not a repeater, just 3 pairs. No extra value. An * denotes a replacement note so depending on signature and prefix, it might have some extra value.
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Bedrock of the Community
 Canada
10743 Posts |
Ah, my fellow CCF friends I knew would answer..  The signatures are Beattie/ Rasminsky..tell me more, I know nothing about notes. 
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Pillar of the Community
Canada
3049 Posts |
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Pillar of the Community
Canada
1221 Posts |
Definitely require the prefix and some pictures if you could.
Cheers, Bill
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Bedrock of the Community
 Canada
10743 Posts |
Prefix..A/Y note seems to bee about Very Fine
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Bedrock of the Community
Canada
21601 Posts |
Now with a prefix, we can give you some info on your bill. It is as stated earlier a replacement note. There were approx. 40,000 printed by CBN. Beattie-Rasminskey is the second of three different signatures used on the 1954 Modified Series. The book price in VF condition is $12.00. (Probably worth closer to $7-8.00) Hope this helps some.
Edited by JimmyD 03/29/2018 08:25 am
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Bedrock of the Community
 Canada
10743 Posts |
Perfect JimmyD..  I'll drop another $5 off to him when I see him again.  Thanks everyone.
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Pillar of the Community
Canada
1571 Posts |
I don't think paying anything extra is in order. You win some, you lose some.
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Bedrock of the Community
 Canada
10743 Posts |
Quote: I don't think paying anything extra is in order, you win some, you lose some. Hi Redzapsid, that a'int the way I work, he's a friend I'll give him the extra.
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Pillar of the Community
Canada
1571 Posts |
The note is worth what you paid, give or take $1 or $2, depending on the buyer. If your friend is a dealer, they ought to know the value of the items they sell or more importantly, what to sell them at to make a profit. Adding more money, especially a matter of a coffees worth, just doesn't seem like a good idea since it kind of implies your friend doesn't know what they should price things at. I don't think your friend will feel betrayed if he valued the bill at $5 and you value it at $7. What's a few bucks amongst friends?
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Bedrock of the Community
 Canada
10743 Posts |
Your 'good idea' and, my 'good idea' are a bit different my friend.
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Pillar of the Community
Canada
1571 Posts |
Perhaps it's just me, but when 2 parties agree upon a deal, isn't the deal done? I could understand if your buddy/coin dealer somehow gave you the wrong bill he intended to, and you scored a $500 bill for $5, but I thought the difference was a matter of less than the cost of s happy meal. Is it possible that your friend/dealer made enough of a profit off the other items you purchased that they happily cut you (a small) break of this $1 bill? I really like the car I bought off a friend of a friend in November. I just started getting it ready for the road for spring and had a neighbor offer me $2000 more than I paid for it. Should I be feeling bad about not going back to the guy I got it from and paying him more?
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Bedrock of the Community
 Canada
10743 Posts |
Hi Redzapsid, You do whatcha gotta do.  And, I'll do what I gotta do...and I'll even give you a dancing apple.. 
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Pillar of the Community
Canada
1571 Posts |
Nothing. I gotta do nothing. That dancing apple is worth more than I bargained for, let me write you a cheque.
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Replies: 18 / Views: 4,885 |