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 Replies: 8 / Views: 2,569 |
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New Member
Canada
5 Posts |
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Pillar of the Community
Canada
1527 Posts |
If it were me, I would have them graded. The 1935 $2 could be worth some serious money. Not only that, once graded they are protected and should you decide to sell them, the grade on them will be a nice starting point for negotiations with whomever is buying them. Plus, easier to send to auction graded as well.
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Pillar of the Community
Canada
2578 Posts |
Quote:
Would it be worth having them professionally graded by PMG? IMO: no, I wouldn't get those graded. The 1935 $2 looks F-VF (a little faded/some staining) and the 1937's both look VF-EF. As BOC first short-lived series, 1935 are pretty popular but not that uncommon (esp in English versions in lower grades). The $2 would fetch between $175-$350 (probably about $225-$250) so to get it graded you will have to pay insurance, FEDEX or 1st classes postage on top of pretty steep PMG's fees. When it's all said and done, you'd be ahead by just selling as is. It would be very unlikely that you would get EPQ (Extra Paper Quality) designation on any of them. (EPQ means original paper quality and the colours don't jump out at me- looking like either pressed, washed or just sun-damaged). The 1937 $2 might get about $65-$75 and the $10 perhaps $50-$65. Both are very common (80,000,000 to 90,000,000 printed) and won't command the same interest as the 1935 $2 |
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Pillar of the Community
 Canada
9865 Posts |
With shipping etc. you are looking at at least $50 per note for grading.
That's more than the 1937 notes are worth.
The 1935 note is worth much more than the cost of grading but when it comes time to sell you will not be able to recover the cost, notes in grades less than EF sell themselves easily without a holder.
"Dipping" is not considered cleaning...
-from PCGS website
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New Member
 Canada
5 Posts |
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Pillar of the Community
Canada
2984 Posts |
The values I place on these banknotes based on the 2018 Charlton catalog are:
-1935 $2 - F - $275
-1937 $2 - F/FV - $40
-1937 $10 - F/FV - $25
The only banknote worth grading is the 1935 $2.
You can get it graded at the Banknote Certification Service (BCS) for $15 plus shipping.
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New Member
Canada
5 Posts |
Moneypenny. Many thanks for the estimates and information re: BCS.
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Valued Member
Canada
499 Posts |
I would get it graded by BCS. They are cheaper and since they are in Canada your shipping cost will be less. However they are strict graders.
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Valued Member
Canada
190 Posts |
I agree with ShareBear, BCS would be a good idea. They have a discounted Grading period in July and August. It is approx. $7.00 a note to have graded. They are located in Kitchener, Ontario
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Replies: 8 / Views: 2,569 |
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Posted 02/05/2020 7:41 pm
