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Approximate Value request, please



 
 
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  #1  
Old July 2nd 07, 05:55 PM posted to rec.collecting.paper-money
Bob
external usenet poster
 
Posts: 90
Default Approximate Value request, please

I am a coin collector, and know nothing about currency/bills at all.
Recently, I began going through my collection started over 50 years
ago. I am getting ready to sell it off since none of our children
are interested and I don't want to leave a big job for someone else
when I'm no longer around.

Anyway, I ran across five $2.00 bills that I assume I got from a
bank years ago. I have no idea why I saved them, but I did.

I was recently talking to a coin dealer and he said he didn't know
anything about bills but thought these might have some value, but he
could not make even a ballpark estimate. So, I am posting pictures
here and if you guys would give me an opinion, I would most
grateful.

The first four are in pristine condition; crisp and never folded or
circulated. They have consecutive serial numbers, if that makes any
difference.

The pictures are scans made at 500 bpi. If you need more info', let
me know.

1. Ser' number ending in: 1065A
http://aycu28.webshots.com/image/219...1494920_rs.jpg

2. Ser' number ending in: 1066A
http://aycu32.webshots.com/image/190...2285361_rs.jpg

3. Ser' number ending in: 1067A
http://aycu22.webshots.com/image/207...8959181_rs.jpg

4. Ser' number ending in:1068A
http://aycu28.webshots.com/image/219...7746222_rs.jpg

The fifth one is obviously circulated. I don't know how to grade
bills, but it is better than average bill one gets in everyday
change.

5. Ser' number ending in: 2275A
http://aycu04.webshots.com/image/196...5496804_rs.jpg

If these have any value, I am going to sell them but not sure how.
I am not on eBay yet, but am considering it as a vehicle to sell my
coins. These may be the first items I put up. Would it be best to
put the four consecutive serial numbered bills up as one unit, or
separately, a few weeks apart?

Thanks again for your time and trouble.

Bob-tx


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  #2  
Old July 2nd 07, 06:13 PM posted to rec.collecting.paper-money
Padraic Brown
external usenet poster
 
Posts: 491
Default Approximate Value request, please

On Mon, 2 Jul 2007 10:55:05 -0600, "Bob"
wrote:

I am a coin collector, and know nothing about currency/bills at all.
Recently, I began going through my collection started over 50 years
ago. I am getting ready to sell it off since none of our children
are interested and I don't want to leave a big job for someone else
when I'm no longer around.

Anyway, I ran across five $2.00 bills that I assume I got from a
bank years ago. I have no idea why I saved them, but I did.

I was recently talking to a coin dealer and he said he didn't know
anything about bills but thought these might have some value, but he
could not make even a ballpark estimate. So, I am posting pictures
here and if you guys would give me an opinion, I would most
grateful.

The first four are in pristine condition; crisp and never folded or
circulated. They have consecutive serial numbers, if that makes any
difference.

The pictures are scans made at 500 bpi. If you need more info', let
me know.

1. Ser' number ending in: 1065A
http://aycu28.webshots.com/image/219...1494920_rs.jpg

2. Ser' number ending in: 1066A
http://aycu32.webshots.com/image/190...2285361_rs.jpg

3. Ser' number ending in: 1067A
http://aycu22.webshots.com/image/207...8959181_rs.jpg

4. Ser' number ending in:1068A
http://aycu28.webshots.com/image/219...7746222_rs.jpg

The fifth one is obviously circulated. I don't know how to grade
bills, but it is better than average bill one gets in everyday
change.

5. Ser' number ending in: 2275A
http://aycu04.webshots.com/image/196...5496804_rs.jpg

If these have any value, I am going to sell them but not sure how.
I am not on eBay yet, but am considering it as a vehicle to sell my
coins. These may be the first items I put up. Would it be best to
put the four consecutive serial numbered bills up as one unit, or
separately, a few weeks apart?


Ebay will probably be your best bet for selling them, as you would get
considerable exposure. A quick look at 1953 US notes ending now, a
group of five random notes are going for about $18. Two sets of two
consecutive uncirculated notes are going for about $5 and $7 each
pair. About 2x face.

I would try to keep the consecutive notes together, for the few cents
premium they might earn. The circulated note should be sold separately
or spent, as I don't think you'll realise a high price for it. I, too,
have gotten similar notes from the bank (I've gotten runs of two
dollar US notes and $1 silver certificates), and I don't think any of
them are so spectacular or valuable that any special care needs to be
taken in order to sell them. I have a box I keep em all in, and if I
were to buy yours, I wouldn't spend any more than prices you'll
realise on Ebay. And I'd take your P&H costs into account as well into
the total price.

If you plan on selling your collection on Ebay, be sure to do some
research first. Look to see what similar items are selling for -- it
may not be worth your while to sell some things individually or even
at all. (Common foreign coins, for example, are frequently sold bhy
the pound.) Certainly ask questions here and on RCC -- lots of
valuable help on both groups!

Padraic

Thanks again for your time and trouble.

Bob-tx


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