CPM Forum
General => What's It Worth? => Topic started by: seank on September 25, 2006, 10:14:44 am
-
Hi Folks, I found your forum today and am hoping that you can give me a realistic idea of just how collectible these bills are.
I will have photos hopefully later today and will post accordingly.
The details
100% UNCIRCULATED 9 bill consecutive series of 2004 Canadian $50 bills
2 digit mismatch from left side to right side on the first six bills
Bill #7 has a printing error on the third-from-last digit (only the top of the digit is visible, at the bottom of the line)
Bills 8, 9 and 10 are 3 digit serial errors as a consequence of the Bill #7 issue
Bill #10 is not in series, but it is two digits higher than the preceeding bill.
I know I should wait until I have the images so you can see what i'm talking about - but i'm wondering if this is even worth my time making up a mini webpage to accomodate the photos of the bills.
Should I bother? Are these as rare as my few hours of searching say they are? Current book value says at least $500 per bill, but i'm assuming that the series is something of a rarity.
Hopefully someone can shed some light on this for me. Any reference links would be greatly appreciated.
thanks folks,
Sean K
-
Hey
Must be a great set someone on this site had one $50 6 digits were missmatched he wanted $600 but it didnt sell. I would think that as a set would sell for around $2000 maybe a little more but I think you would make more selling them 1 by 1 people might pay 300-400 a note where as a set I dont see someone paying 2700-3600 but thats just me. Cant wait for you to post a picture
Arthur
-
Yes. Please post the pictures. I would also love to see them. Not everyday you can see errors in order.
-
I've finally got the images. Please enjoy!
Just to be clear, I got these straight from a CIBC ATM in St. Catharines, Ontario on Friday the 22nd. I've tried to supply high enough res photos and a snap of the watermark in action to show authenticity.
{http://www.spk.ca/money/images/thumb_fullseries_nonoverlap.jpg}
hi-res image, 1.7MB, .jpg (http://www.spk.ca/money/images/fullseries_nonoverlap.jpg)
{http://www.spk.ca/money/images/thumb_just_serials.jpg}
larger image, 36KB, .jpg (http://www.spk.ca/money/images/just_serials.jpg)
{http://www.spk.ca/money/images/thumb_fullseries_overlap.jpg}
extra large image, hi-res showing detail 4.8MB, .jpg (http://www.spk.ca/money/images/hires_fullseries_overlap.jpg)
{http://www.spk.ca/money/images/thumb_detail_misfire_digit.jpg}
hi-res showing detail of bad digit, 1.9MB, .jpg (http://www.spk.ca/money/images/hi_res_detail_misfire_digit.jpg)
{http://www.spk.ca/money/images/thumb_watermark.jpg}
larger image, 427KB, .jpg (http://www.spk.ca/money/images/watermark.jpg)
-
OH MY GOODNESS THOSE ARE AMAZING!!
-
Very nice find!!! :o :o Everyone dreams of getting that kind of error for face value! :P
-
Yes very nice are you sell? ;)
Arthur
-
Hi Arthur,
Absolutely! I'm definitely interested in selling. Apparently there's a currency show in Oakville, Ontario this coming weekend so I think I'll probably bring them there to generate some interest.
Where would one go to find a collector who would be interested in a set like this?
-
Wow! Nice notes - you can see that there's also a missing digit in one of those notes. Looks like the wheel alignment went wonky and the "9" spun around to blank and then to "0".
These will surely command a premium.
-
Hey I am not sure about a show in Oakville this weekend I live in Toronto. If you do sell there make sure you let us know how much you got for them thanks Arthur
-
I'm in the GTA as well. My friend knows a guy who's trying to make a business out of currency dealing in Niagara Falls who told him about the upcoming show. I'll dig a little deeper to see what he's talking about.
Absolutely i'll be more than happy to let you know what they sell for - if they do! I need to call a "Richard Branson" of currency collecting, I think. ;)
thanks for the encouragement
s
-
I am sure you will find a buyer at any show there is a show in Toronto at the end of October if not many people on this site might be into buying them or you could try your luck on ebay
Arthur
-
Lets hope you don't have to sell them on ebay. Then you will have to pay all those fees. >:( I think you should find buyers for those notes easy. Their errors that everyone would love own.
-
Well the current plan is to put them on Ebay with a fairly high reserve price and test the waters.
Can anyone speculate about "just how rare" a series like this is? I can't find any examples of this type of find online anywhere, but I'll bow to your experience and maybe someone here can point me to a similar find.
I'm thinking that an enthusiastic collector is the buyer that I'm after - someone who wants the bragging rights for his/her collection.
Any suggestions would be greatly appreciated!
thanks
Sean
-
Well the only set Something like this was 3 1988 $100's 3 Digits were missmatched and I think they sold over ebay for 2000$ now I could be off on that number dose anyone remeber? Also there are 2 1988 $100's on ebay now with the same error with 2 digits missmatched in a big auction with a estimate of 4500-5500$.
[attachment deleted by admin]
-
Good luck with the 'bay. As far as braggin rights:
Check out my website--- at the very bottom I have a couple of nice things like yours (AZN)... but not as nice as yours... but still nice in their own respect. :) I finally have the scans up.
(You can get it from my profile)
-
Got to love that Radar Hudson
Arthur
-
WOW those are pretty sweet looking $100's - interesting that they're like mine, but different enough that they seem even "rarer"!
I think the auction that those bills are being sold in is the event next weekend that I heard about in Oakville. See http://www.cpnum.qc.ca/ for more details. I doubt that's the place to go shopping around new bills, but maybe it is? I imagine that it's quite impolite to bring your own merchandise to someone else's auction, but maybe the C&P folks would appraise them for me if i brought them along?
Where could I get something like these appraised, and while I'm asking questions - how would you folks go about selling a collection like this? Would you go to a third party auctioneer like this event in Oakville or.. I can't think of anything else.
I checked the ebay fee structure and yup, it's going to be somewhat expensive (around $500) to sell these there - especially if they get a price like the $100's above! I can hardly imagine that a set like this is worth so much, but if 2 bills are worth $5K then what about 9 bills??? $20K? Can't be. (can it?)
Thanks folks
sean
-
No I would not think that they would sell for that, that is there auction estimate I dont see them getting that much. I dont think your set is worth over $4000 but that just me anyone want to contribute there thoughts??
-
I would hate to see that set being broken up. But maybe if you sold them in pairs, then collectors can obtain them for a reasonable price vs. selling the entire set together. Not every collector has thousands of dollars to hold in a complete set of errors. I also don't believe that your notes will go for over $5000 in one shot for the complete set. You may get $5,000 by breaking them up. Just my opinion...
-
That seems to be the thought of the day, and we kind of figured that was what we'd have to do. But you're right it would really be a shame to break these up.
I'll take some time to ask around for any interest but yeah, not many folks want to sink that kind of money into a collection - at least not all in one shot! Pairs is a great idea too, thanks.
I appreciate all the help I found here - glad to see there are some nice forums left. I only have one last question - what's the standard way to describe bills like these to a collector?
Regards,
sean
-
"Mismatched Serial Number Set - $50 Journey Series"
-
Mismatched serial numbers
I agree with selling them in pairs I would be down for a set.
Arthur
-
Hi seank.
I'm interested in the whole set.Please email me at romijo@shaw.ca.
Thank you.
Btw,I sold a set of 3, 2 digit error 1988 $100's Unc several months ago on ebay.Tried to post but they wouldnt :-[
-
Why does it say Ex Member beside seank's name?
-
that's an excellent question. I've been wondering that myself!
-
I've noticed it on new members. Give it a day or two:)
-
Hi seank
Thought perhaps you had cancelled after you had questions answered.
I'm serious about buying the whole set from you.
-
I was just wondering - these notes are printed on a sheet of 40. Wouldn't that mean that there are other similar notes possibly circulating? ie. 9 x 40 sheets? = minimum 360 notes floating around somewhere?
-
and I'm wondering how I could have possibly "lost" a bill in the series? how would that happen? I did get other $50's during the two consecutive withdrawals and they were completely different than these.
What happened to the lost bill?
an excellent point on the full sheet being mismatched - I can only guess that if they "caught" some of the bills, it stands to reason that they would have caught them all. SO, they're all out there somewhere!
-
I was just wondering - these notes are printed on a sheet of 40. Wouldn't that mean that there are other similar notes possibly circulating? ie. 9 x 40 sheets? = minimum 360 notes floating around somewhere?
Not necessarily. Remember that this is an issue with the numbering, and there are 40 (or 36 or 45) numbering machines per sheet. So, I would suggest that the error would be produced in a vertical stack (like a run in a brick), but that it would be unlikely to affect other positions in the ream.
Perhaps Tom could offer another more knowledgable opinion?
-
Hi, I know my name is not Tom ;) but,
Brent is right. This has to do with the rotation of the tumblers. The tumbler that occupied this position obviously had a problem. The other positions would not be affected. If it were an Ink misalignment for example, then the whole sheet would be affected.
-
Correct, the error would be at the same position on each sheet, then consecutive in each stack or bundle.
Tom