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Currency Pricing Guides?

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johnstac's Avatar
United States
327 Posts
 Posted 02/02/2019  04:08 am Show Profile   Bookmark this topic Add johnstac to your friends list Get a Link to this Message Number of Subscribers
Hello. I have some interest in collecting US notes but wondering where to start as a benchmark for pricing. I went to the Long Beach show recently but since I don't really know the prices, I was reluctant to spent more then a few hundred dollars. Is there a pricing guide available and will I look like an idiot carrying it around with me or should I memorize the prices of the items I'm looking for?
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John1's Avatar
United States
56855 Posts
 Posted 02/02/2019  04:15 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
I think you would be better off with a piece of paper noting what you want. Here is a link for paper money values,click on Values and then download the PDF file (you could put the PDF on your smart phone and take it with you to shows)
https://www.coinworld.com/
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SteveInTampa's Avatar
United States
4637 Posts
 Posted 02/02/2019  06:47 am  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
Pricing is best evaluated by recent public sales. Doing the sleuthing can be accomplished for free, if you have the time and resources. Or, some collectors invest in Track & Price, a paid service that does the sleuthing for you....for an annual fee.

Price guides, whether printed or online, are helpful and sometimes contain detailed information but cannot be relied upon exclusively. PM values wax and wane, so seeing current trends is the way to go.
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BadDog's Avatar
United States
1374 Posts
 Posted 02/02/2019  08:26 am  Show Profile   Bookmark this reply Add BadDog to your friends list Get a Link to this Reply
to the currency forum!

Just like they do for coins, CDN Publishing has a currency CPG (Collector Price Guide, i.e., retail) price guide for free. CDN also publishes the Green Sheet (wholesale bid/ask) for a fee. Typically, you'll find dealers referring to the Green Sheet for prices.

The publication Bank Note Reporter (BNR) includes a price list if you want to subscribe to it.

If you have a Heritage Auctions account (and if you don't then I'd recommend that you get one, it's free), then you can get the Green Sheet and BNR prices on a particular note for free by looking up the last sale of the note you're interested in. You'll not only get the last auction price of the note, but in the write-up on the note Heritage will also indicate the CDN Green Sheet and the BNR prices.

Also, you could (probably should) get one of the various currency books. They'll have pricing information in them that is typically out of date, but is still useful in terms of relative pricing, as well as general currency information.

Personally, to determine what I think is fair price for a note, I'll look at recent ebay and Heritage Auction prices, along with the CDN and BNR prices available from Heritage.
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kanga's Avatar
United States
5825 Posts
 Posted 02/02/2019  09:00 am  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
Best realistic prices are auction results.
But they generally only cover older or more expensive items.
ebay will help with the less expensive material.
After that there are a couple books, one for modern Federal Reserve notes, the other for small-size (1928 and newer) US paper money.
But they haven't been updated since their original release (2011) so their prices are a bit dated.
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DoctorBurnzy's Avatar
United States
1378 Posts
 Posted 02/02/2019  09:19 am  Show Profile   Bookmark this reply Add DoctorBurnzy to your friends list Get a Link to this Reply
Definitely look at auctions for a good estimate....but if they are truly expensive bills keep the buyer's fee inclusive in your mind when determining price.
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