CoinForum.com Homepage
Forum Home Forum Home > US Coins & Paper Money > US Paper Money
  New Posts New Posts RSS Feed - 1880 FR# 101 $10 Paper Note
  FAQ FAQ  Forum Search   Events   Register Register  Login Login


1880 FR# 101 $10 Paper Note

 Post Reply Post Reply
Author
Message
drtechs View Drop Down
New Member
New Member
Avatar

Joined: 02 Sep 2009
Location: Angola
Status: Offline
Points: 2
Post Options Post Options   Thanks (0) Thanks(0)   Quote drtechs Quote  Post ReplyReply Direct Link To This Post Topic: 1880 FR# 101 $10 Paper Note
    Posted: 15 Sep 2009 at 4:43am
Hi All,
 I have a 1880 FR# 101 JackAss $10.00 Note, with the Large Brown Seal, AND I also have a 1880 FR#71 ( with the Bruce-Gilfillan Signatures ) which is printed with the Red Serial Numbers and with the back side having the Columbian Bank Note Company engraving. BOTH are Uncirculated. I am looking to possibly sell them and was wondering if anyone can tell me their worth?, or a good website I can go to to find it's value or near value?, Where is the best, SAFEST place to sell Paper Notes like this ( I live in So Cal )?
Thanks All In Advance,
drtechs


Edited by drtechs - 15 Sep 2009 at 9:33am
Back to Top
Sponsored Links


Back to Top
The Lone Stranger View Drop Down
New Member
New Member
Avatar

Joined: 16 May 2010
Status: Offline
Points: 19
Post Options Post Options   Thanks (0) Thanks(0)   Quote The Lone Stranger Quote  Post ReplyReply Direct Link To This Post Posted: 17 May 2010 at 10:56am
As always check Ebay for past and current auctions.Theres what people are actually paying which is often quite different from what the "experts" tell you.
 
For example the media say Gold is at $1240 or thereabouts per oz , you wont be able to buy it at that price anywhere.
Back to Top
morgan-lover View Drop Down
Coin Groupie
Coin Groupie
Avatar

Joined: 19 Jun 2006
Status: Offline
Points: 59
Post Options Post Options   Thanks (0) Thanks(0)   Quote morgan-lover Quote  Post ReplyReply Direct Link To This Post Posted: 17 May 2010 at 2:30pm
You take a chance on ebay... you have people who have friends who bid up an item (this is a form of shill bidding).  Then, you have people who look in a book and don't know the market value of an item and that is what they will bid (book value) out of ignorance.

Now, you really step into the crap if you're dealing with Pawn Shops or run of the mill coin dealers.  I've seen dealers who think a seller is ignorant and offer one-half of book value for an item...  I saw a deal go down like that and I wanted to say something to the dealer.  When I was a novice... when I  first started collecting large size notes, I was taken to the cleaner by a supposedly honest dealer... and then he bragged about it months later. 

A reputable dealer will offer you about 7% less than MARKET value on a note.  But do your home work.  Your description of the notes without having seen them does not provide anyone the means to give a ball park figure to you.  There are other factors to consider with these large size notes.  A book is intended to give you a rough estimate... and remember the book was published months ago or last year.  Factors you should know about in collecting paper money are:

Plate number, where it was printed, signatures, serial number, plain or star note, rarity level, total number printed of a particular demonination... and I could go on and on.  Do your homework... as they say in the military " a ounce of sweat (thinking) can save a gallon of blood."  So, a few days or weeks of research could earn you in return a good profit.  Don't be a fool.  There are people out there who can examine your notes (if they are not rare or errors, etc.)  and tell you within $20 what it is worth. 




Edited by morgan-lover - 17 May 2010 at 4:07pm
May God bless and prosper you in all that you do in His name,
Back to Top
 Post Reply Post Reply
  Share Topic   

Forum Jump Forum Permissions View Drop Down