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Do You Guys Think This 1928 $500 Was A Good Buy?

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Bedrock of the Community
Coinfrog's Avatar
United States
94367 Posts
 Posted 08/15/2018  4:52 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Repairs do not look particularly good to me.
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SteveInTampa's Avatar
United States
4637 Posts
 Posted 08/15/2018  5:11 pm  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
I was wondering why you picked this particular series, and not 1934 or 1934A. Aren't the 28's a bit more expensive?
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jimbucks's Avatar
United States
4692 Posts
 Posted 08/15/2018  5:21 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
I personally don't care for repaired notes, but if you like it, that is what counts. I don't think you got "a deal". Compare to these, bearing in mind there is likely room for negotiations of asking prices.

http://www.highdenomination.com/500...-1934-1934a/

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westernsky's Avatar
United States
7627 Posts
 Posted 08/15/2018  5:35 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
It's best just to leave it alone and not mess with it anymore. It is what it is and will always be a documented repaired note.

The note stands up well and looks pleasing at first glance.

Now if you could ever trade it in for twenty five $20 dollar gold pieces (like it could have been back in the 1920's / early 1030's) you better let it go!
New Member
MaxVCad's Avatar
United States
20 Posts
 Posted 08/15/2018  5:43 pm  Show Profile   Bookmark this reply Add MaxVCad to your friends list Get a Link to this Reply
Coinfrog - Any recommendations on who to talk to to get some of the crappy repairs fixed up?

Yes, the 28's are more expensive than the 1934 series. The reason I chose 1928 was kind of random but turned out to be a very fortunate decision for me. I was looking for a Saint-Gaudens double eagle and originally wanted 1929 because of the stock market crash. It was an interesting time in the US economy. I then realized that finding a 1928 double eagle would be far easier and cheaper than getting a '29. I justified it, thinking that coins minted in 1928 were the ones people had in 1929 during the crash. And to double-down 28 has always been my 'lucky number.' Once I decided to expand my collection, the year 1928 ended up being a really cool year to collect. Most coins from that year have good designs and it was the year we switched from large size notes to small size notes. It also marked a major transition between gold notes, silver notes, United States notes and the standard FRN. I joke that my bills are rainbow because I have green, blue, red and yellow seal bills. It also opened up my collection to some of the large size notes because those were being printed in 1928. Ultimately 1928 is the only year where both large and small size notes were printed. It could possibly be the year in which the largest amount of different types of currency were printed / minted.. So definitely a good year to pick, plenty to collect and prices seem to increase exponentially as you start collecting stuff older than the 1920s, especially paper money, so I can afford to complete my set.

Do-You-Guys-Think-This-1928-$500-Was-A-Good-Buy?
Edited by MaxVCad
08/15/2018 5:50 pm
Bedrock of the Community
Coinfrog's Avatar
United States
94367 Posts
 Posted 08/15/2018  9:08 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Believe me, it would not be worth the cost of repairing this a second time.
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paralyse's Avatar
United States
12057 Posts
 Posted 08/15/2018  9:11 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
I'm clueless about currency -- although I'd love to own a $500 bill someday!! -- but seller has 20 feedback with 58.6% rating, how is that even possible on ebay these days?

Member ANA - EAC - TNA - SSDC - CCT #890

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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Kopper Ken's Avatar
United States
3402 Posts
 Posted 08/15/2018  10:28 pm  Show Profile   Bookmark this reply Add Kopper Ken to your friends list Get a Link to this Reply
Max:

Nice shot of all the bills spread out like that with the different colored seals. Way to go!!

KK
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MaxVCad's Avatar
United States
20 Posts
 Posted 08/16/2018  12:40 am  Show Profile   Bookmark this reply Add MaxVCad to your friends list Get a Link to this Reply
Thanks Ken!

I think the guy 'exit scammed.' Basically what that is, is when a legit seller decides to partake in fraud right before bailing out.. Maybe registering a new account under his wife's name etc. Because he had 100% feedback when I purchased the bill from him.
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babysitr's Avatar
United States
1339 Posts
 Posted 08/16/2018  08:43 am  Show Profile   Bookmark this reply Add babysitr to your friends list Get a Link to this Reply
Yes, "net,details,apparrent".....same...Thing is, you're ok now after ebay deal. note looks nice, you like it, and can wait on another adventure!
Bedrock of the Community
Coinfrog's Avatar
United States
94367 Posts
 Posted 08/16/2018  7:04 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I personally don't think this was a particularly good deal, but these are commodities for the most part, so you likely won't win or lose much even on a repaired note going forward.
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fioti's Avatar
United States
4212 Posts
 Posted 08/16/2018  7:34 pm  Show Profile   Bookmark this reply Add fioti to your friends list Get a Link to this Reply
Wow! That's some scathing feedback.
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