CPM Forum
General => What's It Worth? => Topic started by: actuary6 on September 29, 2006, 09:28:48 pm
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I just bought this 1974 $2 replacement note for $8. The condition is listed as VF. I've just started collecting paper money, so I'm wondering if this was a good deal. There seems to an error with the cutting of this bill (its off centre). I thought it was ironic that this defective bill was created to replace another defective bill!
What do you all think this bill is worth? It's serial number is *RE7037261 and is signed Lawson-Bouey.
Thanks!
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{http://i94.photobucket.com/albums/l109/actuary6/PICT0375.jpg}
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It's an OK deal
$ 8 was fair
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*RE is worth $10 under FV so you saved yourself 2 whole dollars. :) I don't think it would be worth more because of the cutting of the note.
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Heavily circulated notes from that issue can easily be bought under book value
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yes but a great start. I think you got a great price at $8 ;)
Arthur
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You will probably find that there are many regular and replacements particularly within the 1974 $2 series that had similar printing errors. These are common and therefore don't fetch much if any premium at all. I have a *BM in VF with a similar error, i didn't pay much for it, maybe $5.
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Well I think we could agree that you both got great prices on them. You see more misscut 74 $2's.you dont see many * error notes on anything.
Arthur
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Thanks for all the input everyone! It's the first note of its kind in my collection and I'm happy to hear that I paid a fair price.