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 Replies: 13 / Views: 7,705 |
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New Member
Canada
2 Posts |
I have a set of 50 and 15 $1 Canadian 1973 bills that are uncirculated (see a picture for example) and sequential. I've looked at a price chart and the going price for a $1 bill is in the $50 range if they are "GEM Uncirculated" which I believe these would qualify as. They were purchased from the bank and placed in storage immediately, for the purposes of collection, they show no folds, bent corners, or signs of wear. Assuming they are Gem level (and please do look at the photo to verify) does the sequential nature of the collection change the price at all? I don't believe any of the serial numbers are special (no repeaters or low numbers ect.).   Edited by sirkit
08/06/2021 7:48 pm
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Bedrock of the Community
United States
94367 Posts |
I don't think the sequential numbers would affect the value.  to the CCF! |
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Pillar of the Community
United States
7613 Posts |
I don't know about the sequential numbers adding value but the birthday serial numbers might add value to somebody born on (or around) August 21, 1963.
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Bedrock of the Community
Canada
21586 Posts |
Sequential numbers on modern bills do not add any value.
There are just too many of them out there.
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Pillar of the Community
 Canada
9862 Posts |
Quote:
...the going price for a $1 bill is in the $50 range if they are "GEM Uncirculated"... I hate to burst your bubble but that is absolutely false, its more like the $2-$3 range, if you can find a buyer. I bought 10 uncirculated consecutive $1 at a flea market last Saturday for $20 plus tax, and I feel I overpaid. The note in your pic is only EF grade, due to the stain, and has a catalogue value of $1.15. It is a birthday note however and may be of interest to someone born Aug 21 1963. Sequential numbers on modern notes do not add any value but they do make them saleable. 65 uncirculated 1973 notes with random serial numbers are worth $65. "Dipping" is not considered cleaning...
-from PCGS website
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Moderator
 United States
56855 Posts |
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Valued Member
Canada
499 Posts |
I looked hard for the stain and then I saw it. On the bottom right corner. Hopefully not all of the notes have it.
Gem UNC is a very hard grade to get. Not only does not the note have to be uncirculated condition. The printing on the note has to be perfect.
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Pillar of the Community
Canada
2571 Posts |
to CCF! - I agree with most of the comments here. Nothing special about consecutive numbered notes. Not sure why so many people think they're more collectible that way (when that's how they were issued). 1.8 Billion issued with Lawson-Bouey signature & 890,000,000 with the Crow-Bouey signature but these later notes were hoarded extensively. Bundles are on sale on a regular bases but I have no idea why anyone would buy one. The market has been so saturated with the 1973 $1 that I have even seen dealers selling replacements for reduced prices. And as someone commented there may be someone interested in the serial number posted since there are a few out there who look for birthday notes (but its a 1 in a million chance to find the right buyer). |
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New Member
 Canada
2 Posts |
Quote:
"I hate to burst your bubble but that is absolutely false, its more like the $2-$3 range, if you can find a buyer.
I bought 10 uncirculated consecutive $1 at a flea market last Saturday for $20 plus tax, and I feel I overpaid.
The note in your pic is only EF grade, due to the stain, and has a catalogue value of $1.15.
It is a birthday note however and may be of interest to someone born Aug 21 1963.
Sequential numbers on modern notes do not add any value but they do make them saleable.
65 uncirculated 1973 notes with random serial numbers are worth $65." *** Edited by Staff to add Quote tags. [quote][/quote] Please use them in the future. ***It's not a bubble, I was basing the value from the information on this website: https://www.coinsandcanada.com/bank...earch=SearchAs to the rest of the bills they don't have a stain, honestly I didn't even notice that one. What would define "GEM" quality? Based on the definition provided by "coinscanada" the other bills would be uncirculated at least. I don't know how you're defining "Very Fine" but they define it as: "VF (Very Fine) - Without alteration. - Broken fibers by a honest fold in the center, but intact elsewhere. - A major fold in the center. Can also show up two or three counting marks. - Bright colors and details present. Except for the minor stain this would not make sense as a designation for this bill. It's never been circulated, has a minor stain (which the others don't have at all), no fold at all, no counting marks, and hasn't seen the light of day except for to take that photo. I'm not a collector but your grading here seems inconsistent with other sources. Edited by sirkit
08/07/2021 7:42 pm
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Pillar of the Community
Canada
3733 Posts |
i just bought 72 choice un circulated bills today, and I paid 1.50 a note, all in sequence, and I am only asking 4$ a note. at will probably end up selling for around 3-3.50$ each,.. so take coins and canada prices with the proverbial grain of salt.. If you want to see true values, just check ebay, under sold prices, not asking prices..  |
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Pillar of the Community
Canada
2571 Posts |
Quote:
..What would define "GEM" quality? Based on the definition provided by "coinscanada" the other bills would be uncirculated at least. .. What I find many Canadian collectors neglect to consider when it comes to GEM is that the note's design must be perfectly centred. This is on both sides (one side slightly off & that's considered a deduction of at least one point). I've seen countless off-centred notes being described as GEM. So while it is impossible to determine the grade of your $1 from the photos, I do believe that "DBM" detected some handling (ie circulation) and a spot/fold on the bottom right corner. Graders take a note & put it up on a light box to determine the tiniest flaws. They search for embossing, thickness of paper & other indicators to determine if it is near perfect or less. Take a look at this site for grades: http://oldcurrencyvalues.com/gradiNGCurrency/ or from PMG: https://www.pmgnotes.com/paper-mone...ading-scale/[Many notes are improperly stored & certifiers can see this immediately] Forget "Coinscanada" for accurate info on many things (I do). Nice reference site but as "silverwolf" puts it, you must be a bit skeptical on the unrealistic estimates/price charts for a lot of the generalized BV (book values). And it is possible you saw the price chart of a replacement (which has either an * in front of the serial number or an X as the last letter of the prefix). Of the billions of $1 printed, replacements make up a tiny fraction. |
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Pillar of the Community
Canada
5324 Posts |
When there was shows with kid"s tables, I have seen collectors donate $2 or $1 bills for give aways cool to see a youngster see a 1 or 2 dollar bill
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Moderator
United States
187702 Posts |
to the Community! |
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Bedrock of the Community
Canada
24885 Posts |
To the Forum. |
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Replies: 13 / Views: 7,705 |
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Posted 08/06/2021 7:55 pm
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