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Would This Be A Good Deal For $600?

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Author Previous TopicReplies: 14 / Views: 2,847Next Topic  
Valued Member
trainhater's Avatar
United States
80 Posts
 Posted 05/19/2010  1:52 pm Show Profile   Bookmark this topic Add trainhater to your friends list Get a Link to this Message Number of Subscribers


Would-This-Be-A-Good-Deal-For-$600?

Would-This-Be-A-Good-Deal-For-$600?

Someday I will learn to resize this stuff right.
I don't have much in the way of paper money, so I know little about the values but if I buy this for $600 is that a good deal?
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Namachieli's Avatar
United States
2120 Posts
 Posted 05/19/2010  2:17 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
Youd be basically paying a 20% premium for the item at face. I'm sure that's right around where its at.
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trainhater's Avatar
United States
80 Posts
 Posted 05/19/2010  2:47 pm  Show Profile   Bookmark this reply Add trainhater to your friends list Get a Link to this Reply
Thank you, I didn't know if there is a market for this or not. I guess at worst I'd be out $100. I suppose I have spent money in much worst ways.
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wd1040's Avatar
United States
3098 Posts
 Posted 05/19/2010  2:50 pm  Show Profile   Bookmark this reply Add wd1040 to your friends list Get a Link to this Reply
The paper is quite attractive. I'd take it if I were you.
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3660 Posts
 Posted 05/19/2010  2:58 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
I totally agree with wd1040. There is very definitely a market for high denomination notes. Especially with the apparent paper quality of this note, you should jump on it before someone else does (for $600 that is). I highly doubt that you will find one in that condition any cheaper, anywhere. It is one heck of a good deal.
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Numiseye's Avatar
United States
47 Posts
 Posted 05/19/2010  3:13 pm  Show Profile   Bookmark this reply Add Numiseye to your friends list Get a Link to this Reply
train,

This a very nice note and I would recommend the purchase. It is a Series 1934, Friedberg 2200-G, with a printing of 573,000. The note looks in great shape. The centering is off a little, but this note could grade in the Fine to Very Fine range. Friedberg catalog has this note in Very Fine at $1,500. I would suggest to send it in for grading to either PCGS or PMG. Once graded and authenticated, you should be able to double your money with a solid grade. High denomination notes, that have been graded, will carry the extra premium. Paper quality looks good with no detracting fold marks. Do not attempt to clean the note in any manner. Good Luck.
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fioti's Avatar
United States
4212 Posts
 Posted 05/19/2010  4:06 pm  Show Profile   Bookmark this reply Add fioti to your friends list Get a Link to this Reply
I'd jump on it in a hot minute. Last (and only) one I bought was in comparable shape for 650.
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ExoGuy's Avatar
United States
4416 Posts
 Posted 05/22/2010  2:11 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
Looks like a good deal from this oldtimer's perspective. The color is quite good, and I've seen collectors pay $700 or more for less impressive examples.
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southerngent's Avatar
United States
469 Posts
 Posted 05/22/2010  5:20 pm  Show Profile   Bookmark this reply Add southerngent to your friends list Get a Link to this Reply
It looks like a pretty good deal to me as well. Go get it!
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Halfwitty's Avatar
United States
1523 Posts
 Posted 05/22/2010  6:56 pm  Show Profile   Bookmark this reply Add Halfwitty to your friends list Get a Link to this Reply
Haven't seen one of those for many years.I would jump on it.
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Siuol's Avatar
United States
273 Posts
 Posted 05/23/2010  12:59 am  Show Profile   Bookmark this reply Add Siuol to your friends list Get a Link to this Reply
If your not going to do it give me they guys name .
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Siuol's Avatar
United States
273 Posts
 Posted 05/23/2010  01:02 am  Show Profile   Bookmark this reply Add Siuol to your friends list Get a Link to this Reply
- Edit - Woops pressed the wrong button .
Edited by Siuol
05/23/2010 01:03 am
Valued Member
trainhater's Avatar
United States
80 Posts
 Posted 05/23/2010  09:21 am  Show Profile   Bookmark this reply Add trainhater to your friends list Get a Link to this Reply
Well...
I bought it and it is rather nice. The reverse picture does not do it justice. I may have it graded. The guy I bought it from said his Grandfather used to collect stamps, and stuffed in a book he found this. No coins though.

I have always wanted one, although I don't really collect paper money. It will go good with my 1934 $100 star note. I gotta get a book about paper money so I know what I'm looking at.

Thanks everybody.
Pillar of the Community
United States
511 Posts
 Posted 05/25/2010  12:21 pm  Show Profile   Bookmark this reply Add 3stooges to your friends list Get a Link to this Reply
You got a good deal. $500s in VF tend to sell for around $750 at shows. The buy/sell spreads on circs are pretty tight.
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Halfwitty's Avatar
United States
1523 Posts
 Posted 05/25/2010  12:43 pm  Show Profile   Bookmark this reply Add Halfwitty to your friends list Get a Link to this Reply
Just don't accidentally carry it to the bar with you.hehehe
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