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 Replies: 9 / Views: 2,565 |
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Valued Member
United States
258 Posts |
One of my antique dealers specializes in paper currency. Due to this I began to "pay attention" to currency. Then a couple of weeks ago I attended my first coin show to help a friend of mine who had set up there. He purchased several $500.00 notes and even sold one for a good profit before he left the show. Additionally we had the pcgs paper people across the isle from us. Needless to say I got an eyefull of just how serious the paper money market is. So what do I do? I go buy a book on paper money while at the coin show. To my amazement it had everything a new collector would need including great pictures, mintages of various notes and other information a collector would want. The only problem was it was missing the most basic information a collector would need, a small section on grading paper money.  Anyway remembering that my favorite coin website had a section on paper money I came here and looked for information. Again I did not find it.  Therefore I did a google search and came up with this http://www.oldcurrencyvalues.com/Gr...urrency.htmlHopefully this will help someone else out there lurking and asking the question how... Sincerely, John Leckrone |
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Moderator
 United States
56855 Posts |
I just checked out your link and it does a very poor job on telling you how to grade currency.Try this  John1  |
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Pillar of the Community
United States
1285 Posts |
John, found this the other day and this gets into the technicalities of the numbering system. My personal observation is that 90%+ of the BEP sealed bricks are in the 65/66 area for the $1's as they are not centered. http://www.pcgscurrency.com/g_scale.htmlPeace |
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Moderator
United States
56855 Posts |
Thanks,way better then what I posted.
John1
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Pillar of the Community
United States
1397 Posts |
Thanks Ceylon62 that is exactly what I have been wanting. I saved it as a .pdf file for use on the fly.
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Pillar of the Community
3660 Posts |
Yeah Ceylon, good link. I had to scroll pretty far down the page to get to the condition of the majority of my notes notes though.
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Pillar of the Community
United States
1397 Posts |
Fortunately I was standing on my head when I read it so all mine were at the very top.
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Pillar of the Community
United States
1285 Posts |
John, I use something similar to the summary / generalized version that you posted for my ebay adventures. FWIW, the numbering only makes sense when you watch some auctions. Especially when you see notes 67 and higher the price can go wild on rare blocks / numbers. As an example I have seen auctions where a 67 note may go for $X and a 68 will jump to $1.5X or more. It's sort of fun to watch from the sidelines.   Peace |
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Valued Member
 United States
258 Posts |
Ceylon62,
Thank you so much for taking the time to post that information. This is an area that I am very weak in and so am trying to learn as much as I can. After seeing paper money trade at great profits I got the bug to try to tap into some of that market...
Have a great one and thanks again! Sincerely, John Leckrone
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Pillar of the Community
United States
1285 Posts |
Gem vs CHCU
I have been trying to figure out the diff between these 2 for a while and finally found a decent explanation in a book.
The main diff on a "raw" note is that GEM will have perfect cornering. On CU the corners will have a slight bend (no creae). This I believe has more to do with wrapping / packaging rather than handling.
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Replies: 9 / Views: 2,565 |
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Posted 05/30/2010 10:07 am
