Quote:
That's crazy! I wonder what the odds of that happening are?
The odds are anybody's guess but I figured this was how it happened.
When it comes to notes from the 1960's to 1990's there aren't too many that are tough to buy. And they often were set aside in groups of consecutive runs (in people's SDB or Safe Deposit Boxes). So, later, after the person passes on (or just decides to sell) they usually don't check the # and just get a price from their LCS. They then get sold to other dealers, one of which discovered there was a solid radar. He/she probably sent the radar off to PMG but sold the other consec # notes to another dealer. I've heard (& believe) that successful coin/paper money dealers have more transactions between other dealers then they do with customers. I believe that- so the notes got sold & that's how I got the 2 notes reunited & sold to me by 2 different dealers (the first I won from auction- but who is essentially a dealer). Somewhere along the line of transactions, the notes ended up in the USA (but they could have been brought there by someone who emigrated from NZ).
I just noticed that if I wanted to buy a less expensive 10 Pound from NZ (or any country), then to wait till a large run shows up at auction. They're usually auctioned only 2-3 at a time but I considered that a flag to wait & that has usually paid off. The collectors of NZ notes (or the other country) get their fill so that by the 3rd or 4th time they're offered, the hammer doesn't go so high. Less popular
TPG's like PCGS can sell for bargain prices (like Gem 65's). The
TPG note I ended up with has often been part of a large run of notes & I usually ended up with a price that was much less than what the ungraded "UNC" version listed on
ebay. But the big difference is- I am fairly confident my note is UNC or near the grade posted on the holder.
I figure if you're actually actively searching for things like you & I are, then synchronicity (or a happy coincidence) is more likely to happen.
Posted 10/13/2024 09:26 am
