CPM Forum
General => General Forum Comments => Topic started by: ikandiggit on April 29, 2010, 03:31:04 pm
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I now have a number of error bills that I've pulled from circulation. None are in Unc. condition and some are pretty rough but most would be better than fine. Would it be worth it to have them graded and ceritfied by a TPG or should I leave them as they are? I'm thinking long term in case I decide to sell them in the future.
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Personally I wouldn't waste my money on getting them certified especially in such a low condition.
Only my opinion :)
FRIEDSQUID
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I agree, unless its a high grade don't bother
Personally I wouldn't waste my money on getting them certified especially in such a low condition.
Only my opinion :)
FRIEDSQUID
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You should get every note you have graded by BCS. Then we can buy them for about half they would ordinarily get on the open market because most buyers treat graded notes like they are overgraded even though BCS is a conservative grader.
:-*
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You should get every note you have graded by BCS. Then we can buy them for about half they would ordinarily get on the open market because most buyers treat graded notes like they are overgraded even though BCS is a conservative grader.
:-*
BSC doesn't grade error notes ....so you will have to go elsewhere for them :)
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Thanks. At what minimum grade would it be worth while to certify a mismatched serial number bill? I have five of them now in various denominations.
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BSC doesn't grade error notes ....so you will have to go elsewhere for them :)
That is not true. They will grade error notes that are errored based on serial numbers.
I wouldn't have anything below AU graded.
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That is not true. They will grade error notes that are errored based on serial numbers.
That surprises me ? I just emailed Steve Bell to get a confirmation on that.
Do you have an error note thatwas graded by BCS?
Pic or scan would be nice to see if possible
FRIEDSQUID
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I don't see a point in having them certified if they aren't UNC or better. I think its pretty cool that you managed to find mismatched serial numbered notes in circulation. I have never found one yet!
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The Banknote Certification website contains other inconsistencies between what they practice and what they preach. For example, they say this about designating a note "original"...
To make clear and fair to the industry, any note that has not been altered in any way, be it a light pressing or an invasive cleaning, and receives a grade of EF or higher will also receive the auxiliary designation of ORIGINAL on the holder directly below the number grade. (http://www.banknotecertification.com/thecirculatedgrades.php)
And yet...
{http://www.give-a-buck.com/special/DC-25h-bcs.jpg}
So they could certify some kinds of error notes.
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They won't grade stuff like gutter folds or anything where the error affects the integrity of the actual note, or where the grading could be argued due to the type of error. But they will grade something like a serial number mismatch because this type of error doesn't have any effect on its possible grade.
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Here's the BCS with the certified missing leaf.
(http://img682.imageshack.us/img682/6581/scan0002gr.th.jpg) (http://img682.imageshack.us/i/scan0002gr.jpg/) (http://img64.imageshack.us/img64/7371/scan0001ld.th.jpg) (http://img64.imageshack.us/i/scan0001ld.jpg/)
[edit]Added thumbnails. --BWJM[/edit]
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To clarify about error notes
BCS will certify varieties on paper money, such as a missing leaf (2002 $5.00) or paper printing error (2005 $10 BTU and BTT), but cutting errors, ink errors, or number errors will not certified as such. For cutting error of folding errors, the degree and serverity of the error is put into question, making certifying it a rather touchy subject. Serial number errors change the description of the note, making it hard to officially classify (which of the two serial numbers are we to use for a description?) Only generally accepted varieties on paper money will be certified. Even though they might have come about as a result of an error, there existance is consistient enough to clasify it as such.
Hope that helped.
BCS
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BCS will certify varieties on paper money, such as a missing leaf (2002 $5.00) or paper printing error (2005 $10 BTU and BTT),
so you are calling the BTT BTU a printing variety Not an error then?
Yet it is described in the PAPER MONEY ERRORS section of the catalogue ???
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so you are calling the BTT BTU a printing variety Not an error then?
Yet it is described in the PAPER MONEY ERRORS section of the catalogue ???
Through my research, according to the Bank of Canada these notes are "misprinted" making them clearly an error not a variety.
But back to the topic at hand, don't bother TPG'ing your error notes, they are already unique. The TPG holder will not add anything more to the note but an out of pocket expense for you.