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Whats It Worth? 1928f $2 Legal Tender Note

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datank_2323's Avatar
United States
26 Posts
 Posted 08/16/2011  10:29 pm Show Profile   Bookmark this topic Add datank_2323 to your friends list Get a Link to this Message Number of Subscribers
What is the estimated value for a 1928F $2 Legal Tender Note Very Fine 30PPQ.

Graded by PCGS....



Whats-It-Worth?-1928f-$2-Legal-Tender-Note
New Member
datank_2323's Avatar
United States
26 Posts
 Posted 08/16/2011  11:10 pm  Show Profile   Bookmark this reply Add datank_2323 to your friends list Get a Link to this Reply
Just started collecting and this is one of the first notes I purchased.....Any help would be greatly appreciated!
Pillar of the Community
D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 08/17/2011  12:15 am  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
I would guess this might be worth around $15-20.
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wolverine's Avatar
United States
277 Posts
 Posted 08/17/2011  1:46 pm  Show Profile   Bookmark this reply Add wolverine to your friends list Get a Link to this Reply
It is a nice looking note. I'm new to currency as well, I need much work to get a clue on the grading scale
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Libertad's Avatar
Canada
3692 Posts
 Posted 08/17/2011  3:15 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
Forgive my ignorance, but what is meant by PPQ?

And I'd put this note at $15, maaaybe $20. Grade it for yourself, as well.
Edited by Libertad
08/17/2011 3:16 pm
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datank_2323's Avatar
United States
26 Posts
 Posted 08/17/2011  10:31 pm  Show Profile   Bookmark this reply Add datank_2323 to your friends list Get a Link to this Reply
@Libertad...Good question...being that I'm new to this I went to the site who graded it and below is what it states:

To distinguish notes that bear all the hallmarks of complete originality and outstanding paper quality for the grade, we will affix a "PPQ" (Premium Paper Quality) designation to the grade (e.g.: "Gem New 65PPQ"). These are notes that bear no visible evidence of restoration and that retain all signs of fully original paper quality, such as paper wave, embossing, and bold ink color and eye appeal. "PPQ" notes should also have above average paper for the grade that is free of defects such as tears, pinholes, or other problems. This is not done to penalize those notes that are not fully original, as many are very collectible and highly valuable. Instead, this system is designed to reward those notes, both circulated and New, that possess premium paper quality and complete originality. It should be understood that even though a note may be fully original and free of any restoration, it still might not qualify for the "PPQ" designation.
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datank_2323's Avatar
United States
26 Posts
 Posted 08/17/2011  10:33 pm  Show Profile   Bookmark this reply Add datank_2323 to your friends list Get a Link to this Reply
Should I hold onto this note....or sell and hope for increase in value in the future?
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