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Replies: 12 / Views: 1,398 |
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Valued Member
United States
447 Posts |
So I brought 5 new $2 straps and got these notes. From what I understand, some people calls it a "stutter ladder note". Are they really called stutter notes? Read that some people collect these notes and they go above 3 to 5 times face value. Is that true?  
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Bedrock of the Community
United States
94367 Posts |
Never heard that term, but none of these would be keepers for me.
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Pillar of the Community
United States
3471 Posts |
Sounds like an ebay label to me.
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Pillar of the Community
United States
1648 Posts |
Quote: So I brought 5 new $2 straps and got these notes. From what I understand, some people calls it a "stutter ladder note". Are they really called stutter notes? Read that some people collect these notes and they go above 3 to 5 times face value. Is that true? Hi Vince, Reviewing a lot of opinions on the subject, some people might like to apply the word ladder also to stuttering ladders like you have such as 11234445 or even something like 11245779 with missing digits...as you see there the first problem with using the same term "ladder" is that people start to apply it to all sorts of things and eventually winds up covering almost anything if you're not careful, all of which are slightly similar to a perfect ladder like 012345678, 12345678, 23456789, or descending 87654321 and 76543210 mostly, and perhaps 98765432 back when it used to be printed. Yes casual collectors out there may indeed want something like that for their private collection or willing to spend money on impulse because they think something is cool, and therefore can sell at a premium on places like ebay. So go for it since these are in great condition, but at some point a collector has to draw the line and so serious collectors will have done so and wont usually be interested in that type of note, and neither will dealers or grading companies. Otherwise there would be ladder progressives as some people would consider A00012345A or D00034567A to be a ladder or 67890000 with multiple zeros to be a ladder..ladderish numbers with random zeroes thrown in, as 34050678. Its no surprise those like coinfrog and steveintampa therefore would have no interest and call it a spender :) while others might simply like to collect such interesting serial numbers.
Edited by datadragon 04/04/2023 7:28 pm
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Bedrock of the Community
United States
94367 Posts |
Just garbage ebay fantasy "collectible" serial numbers. If you fall for this, pick another hobby or you're going to lose a lot of money.
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Moderator
 United States
15433 Posts |
Great reply @datadragon. I agree - spenders.
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Valued Member
 United States
447 Posts |
Thank you all for the info. :)
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Pillar of the Community
United States
7276 Posts |
Stuttering ladder, 3 of a kind, trinary, cool index factor are all meaningless. BUT some people collect them, I wouldn't . Serial number collectors are the new way some collectors want to get rich quick, after the errors found were all road rashed cents and weren't worth anything. I'm with coin frog, there isn't any of these I would take for over face value. But datadragon likes them he may buy them off of you.
Edited by hfjacinto 04/05/2023 07:33 am
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Pillar of the Community
United States
4637 Posts |
I've seen them called stepladders. Personally, I've never had any interest in them but that's not to say someone on ebay wouldn't buy them for a small premium.
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Valued Member
 United States
447 Posts |
Thanks again for all your input. I always followed the rules of currency collecting BUT like Stevefromtampa and Datadragon said, there are people who will buy it for a small premium. So why not cater to those groups while maintaining my own "real" collection?
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Pillar of the Community
United States
1648 Posts |
Quote: Thanks again for all your input. I always followed the rules of currency collecting BUT like Stevefromtampa and Datadragon said, there are people who will buy it for a small premium. So why not cater to those groups while maintaining my own "real" collection? Nothing wrong with doing that as there are many collectors who might like these in their collection, so long as someone isn't intentionally misleading buyers as to what something is... for example selling a coin with Machine Doubling (if known) as if it were a true doubled die and at the same high value of a true doubled die to mislead the buyer to think its far more valuable than it really is. It would be like not selling a lowball coin (lowest grade) because you dont collect them personally when others might find them worthy of a purchase and perhaps in some cases leaving money on the table for those that are not only collecting just for themselves. Whether its worth the effort for some of them that might only bring a small premium is up to the finder/seller.
Edited by datadragon 04/09/2023 2:40 pm
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Pillar of the Community
United States
586 Posts |
This is my bill closest to a full ladder. 
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Moderator
 United States
188560 Posts |
Quote: This is my bill closest to a full ladder. Interesting example! 
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Replies: 12 / Views: 1,398 |
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