CPM Forum

General => Banknote Grading Standards and TPG => Topic started by: justgoodjunque on March 02, 2009, 10:16:24 pm

Title: To grade or not to grade that is the question
Post by: justgoodjunque on March 02, 2009, 10:16:24 pm

I recently purchased 6 sequential 1954 $2.00 notes in AUNC condition..although I do collect I consider myself more of a hoarder than a collector.I hope that will change when I retire and can spend more time with the hobby. These are very nice notes and I do not have anything professionally graded.....I am thinking maybe I should get these graded. Any thoughts or comments would be greatly appreciated.

Title: Re: To grade or not to grade that is the question
Post by: friedsquid on March 02, 2009, 10:24:29 pm

It all depends on the signatures prefix/serial numbers, condition
If they are reg modified $2 notes it would be a waste of money to grade them...it could cost more than the note is worth

Title: Re: To grade or not to grade that is the question
Post by: Gary_T on March 02, 2009, 10:28:42 pm

Also you can hoard notes for now and get them graded anytime if you're not going to do anything with them for a long time.

Title: Re: To grade or not to grade that is the question
Post by: justgoodjunque on April 13, 2009, 01:19:08 pm

I just reread my original post....forgot the mention a few things. THey are beattie/Rasminsky and replacement notes prefix BB....still worth holding off on grading?

Title: Re: To grade or not to grade that is the question
Post by: friedsquid on April 13, 2009, 02:01:24 pm

I still don't think worth the cost of grading.... :'(

Title: Re: To grade or not to grade that is the question
Post by: justgoodjunque on April 13, 2009, 05:01:42 pm

Thanks for the feedback. Into the box they go.

Title: Re: To grade or not to grade that is the question
Post by: woodguy62 on April 13, 2009, 05:17:07 pm

I'm curious, what's it cost to have a bill graded?

Title: Re: To grade or not to grade that is the question
Post by: friedsquid on April 13, 2009, 05:24:34 pm

Quote from: woodguy62 on April 13, 2009, 05:17:07 pm

I'm curious, what's it cost to have a bill graded?

It can depend on a variety of things such as what TPG  you use, where they are located, the type of bill, the amount of bills submitted and the value of the bill(s).
Each grader has their price guideline for notes, shipping and handling, insurance,special promotions etc.
Most info can be found on the internet for each individual TPG.
FRIEDSQUID