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235 Posts
 Posted 03/20/2017  11:16 pm  Show Profile   Bookmark this reply Add Jimjumper to your friends list Get a Link to this Reply
I was asked to informally appraise a local womans deceased husbands collection and this was the only piece of currency in it! I made a fair offer with the caveat she have at appraised by the dealer that was purchasing her coins. She had over $30,000 in gold coins and thought they might be worth $5-6000. She gratefully let me have it cheap.

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 Posted 03/20/2017  11:24 pm  Show Profile   Bookmark this reply Add yakimaboy to your friends list Get a Link to this Reply
I have one of those, but not nearly as nice as yours. Kudos!
YB
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 Posted 03/21/2017  5:13 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Very nice. How do you grade it?
"You can't fool all the people all the time - others would like a chance."

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 Posted 03/21/2017  6:41 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Oh, very nice indeed! Is the top margin as tight as it looks or is that a product of the scan?
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 Posted 03/21/2017  7:05 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
My question exactly. This issue is notorious for tight top/bottom obverse margins, so I'm guessing this scan is accurate. See the tight centering below:



"You can't fool all the people all the time - others would like a chance."

Edited by Coinfrog
03/21/2017 7:06 pm
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 Posted 03/21/2017  7:10 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
And further:



"You can't fool all the people all the time - others would like a chance."

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 Posted 03/23/2017  03:01 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
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 Posted 03/23/2017  6:23 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Jimjumper - input if you will, please!
"You can't fool all the people all the time - others would like a chance."

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 Posted 03/23/2017  6:38 pm  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
I've always liked Washington on a $20....these Fr.1187's are no exception.

Beautiful notes guys. How does the note grade @Jimjumper?
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United States
235 Posts
 Posted 03/24/2017  11:22 pm  Show Profile   Bookmark this reply Add Jimjumper to your friends list Get a Link to this Reply
I just took a close look and while the top margin is there it is real tight. Despite the color and the nice face it does have 3 folds so its, at best , a VF albeit a nice one. paid $250 for it and think I got a bargain.
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 Posted 03/25/2017  5:38 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
To clarify: "Three folds" does not translate to VF. Three or four heavy folds will limit a grade to XF as a rule, while three light creases or bends might be acceptable even for low AU. This note appears better than VF and the price paid seems a bargain indeed.
"You can't fool all the people all the time - others would like a chance."

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 Posted 03/25/2017  6:58 pm  Show Profile   Bookmark this reply Add techwriter to your friends list Get a Link to this Reply
Found these today
==

==
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United States
235 Posts
 Posted 03/25/2017  10:35 pm  Show Profile   Bookmark this reply Add Jimjumper to your friends list Get a Link to this Reply
Thought I would post pics of both the front and the back. I resized the face so the margins can be seen. I had this note looked at by a couple of dealers who agreed that it would grade about VF35 but it could be their judgement was colored by an offer to purchase it. :)



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 Posted 03/26/2017  12:32 am  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
You mean that dealers would deliberately try to buy your note as a VF, but then turn around and try to sell it as an XF or AU?

So much for an honest opinion!
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 Posted 03/26/2017  5:18 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Jim - Margins look much better! Circulated paper money is very difficult to grade from pictures. All I can say is, based on what you've said and the overall appearance of the note, I think it is much more likely XF than VF.

Would you show us a reverse pic please. When you say 3 folds, then you do not see a fourth horizontal fold?
"You can't fool all the people all the time - others would like a chance."

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