1929 $20 Note With Fairly Low Serial # - Thoughts? - Page 2

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Author	Replies: 30 / Views: 1,714	Page: of 2

IndianGoldEagle Bedrock of the Community United States 36830 Posts	Posted 12/11/2023 10:22 am Great note even in the lower grade. Report this Post to the Staff
jbuck Moderator United States 189219 Posts	Posted 12/11/2023 11:11 am Quote: Got it. Almost got knocked out by a dealer, but ended up paying $195 including shipping. Was willing to go a bit higher, but glad I didn't have to. Excellent! Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
Blastenpene4 Pillar of the Community United States 959 Posts	Posted 12/11/2023 8:38 pm So I've been doing some market research on PMG grading and it appears to be anything but consistent. You've all seen the note I bought, which is graded F12 in what is apparently an older PMG holder. I found this other St. Louis note (not a star) in what appears to be a newer PMG holder that's graded at VF20. Maybe the note I just bought has some flaw that's not apparent in the pictures, but it certainly appears to be just as good if not better than the VF20 note. What gives here? Interested to hear comments on this. My note first, followed by the other, higher grade note. Report this Post to the Staff
hfjacinto Pillar of the Community United States 7292 Posts	Posted 12/11/2023 9:07 pm That's why I said your note looks nicer than an F12, I always say buy the note not the grade or the grader. My Slabbed Dansco 7070 with Gold Page My Slabbed IHC Set My Slabbed 20th Century Type Set Report this Post to the Staff
SteveInTampa Pillar of the Community United States 4637 Posts	Posted 12/11/2023 10:50 pm Evaluating notes from photos is virtually impossible. There's too many variables. Different scanners, backgrounds, contrast, brightness and add in that they're in two different generations of PMG holders. Grades 10,12,15 and 20 can be a blur with price differences very similar especially compared to differences in prices between grades 58 and 64. Report this Post to the Staff
westernsky Pillar of the Community United States 7625 Posts	Posted 12/12/2023 01:58 am Wonderful note! Congrats on an astute purchase! I hope you enjoy it for many years to come! Report this Post to the Staff
Blastenpene4 Pillar of the Community United States 959 Posts	Posted 12/14/2023 8:40 pm Note arrived today. I'm very pleased - I think this is grossly undergraded. I've taken two pictures of each side. First pic is direct lighting, second is lit from the side. Thanks to SteveInTampa for the side lighting suggestion. I'm posting pictures of the other 1929 $20 under that thread - difference from direct lighting to side lighting is pretty striking. Thanks for that tip. Report this Post to the Staff
hfjacinto Pillar of the Community United States 7292 Posts	Posted 12/14/2023 9:14 pm I could see that going up to VF20. The little edge tear maybe what kept it in the F range My Slabbed Dansco 7070 with Gold Page My Slabbed IHC Set My Slabbed 20th Century Type Set Report this Post to the Staff
Blastenpene4 Pillar of the Community United States 959 Posts	Posted 12/15/2023 3:52 pm Is there a process to resubmit if you think a grade is wrong, or do I cut it out of this holder and send it to PCGS instead? Not sure the best route to take. Advice welcome. Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 12/15/2023 4:07 pm Aside from the little nick, the note looks pretty limp. I don't think there's enouugh upside to send it back in, but if you're going to, I'd go to PCGS-B. Report this Post to the Staff
hfjacinto Pillar of the Community United States 7292 Posts	Posted 12/15/2023 4:37 pm It's not really worth to resubmit. Keep it and enjoy it for what it is. My Slabbed Dansco 7070 with Gold Page My Slabbed IHC Set My Slabbed 20th Century Type Set Report this Post to the Staff
Blastenpene4 Pillar of the Community United States 959 Posts	Posted 12/23/2023 11:18 am OK, I know I'm belaboring this grading thing, but take a look at the 1929 FRNB note and grade. Makes zero sense to me why this note is a VF20 and mine is an F12. Edited by Blastenpene4 12/23/2023 11:19 am Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 12/23/2023 11:34 am Wecome to the wonderful world of third-party grading. Report this Post to the Staff
IndianGoldEagle Bedrock of the Community United States 36830 Posts	Posted 12/23/2023 12:41 pm Always buy the note and not the holder. Too many examples of misgraded TPG out there. Report this Post to the Staff
hfjacinto Pillar of the Community United States 7292 Posts	Posted 12/23/2023 1:04 pm Buy the coin/note not the holder or the grade. My Slabbed Dansco 7070 with Gold Page My Slabbed IHC Set My Slabbed 20th Century Type Set Report this Post to the Staff
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