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Topic: 1974 $2 test note RS0000001  (Read 13315 times)
Luckyme
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« on: October 29, 2011, 07:34:13 am »

Greetings.
My RS0000001 $2 test note is now on ebay.
I'd like to thank elwoodbluesca, canada-banknotes, ywoinvallarta, jb2007 and mmars for their advice earlier this year. I decided to have  a dealer to do the listing for me (Sean Isaacs of Alliance coins in Almonte, ON). He came highly recommended by a number of collectors.
Wish me luck, it's the only object of value(hopefully) that I've ever owned.
Anybody care to make a guess on how much it might sell for?
Cheers,
Luckyme.
Ottawa
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« Reply #1 on: October 29, 2011, 11:24:23 am »

I suggested to Mr. Isaacs about a month ago that this is an "iconic" note with a potential value of $10,000 (or even more) because it has "everything" going for it ..... it's a rare RS Test Note, it's the lowest serial number possible (except for a 0000000 Specimen note I suppose), and it's in great condition. However, we'll just have to wait and see!

Good luck with this "Trophy" note!

" Buy the very best notes that you can afford and keep them for at least 10 years. " (Richard D. Lockwood, private communication, 1978).
1971HemiCuda
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« Reply #2 on: October 29, 2011, 03:10:49 pm »

My guess is that the note will sell for $2,800-$3,200.


friedsquid
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« Reply #3 on: October 29, 2011, 03:21:45 pm »

My guess is $4252.65. (this includes the HST but not the shipping)
 :)
« Last Edit: October 29, 2011, 05:10:38 pm by friedsquid »



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abyss
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« Reply #4 on: October 29, 2011, 04:44:02 pm »

My guess is $6500 plus taxes :(
Daamg
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« Reply #5 on: October 29, 2011, 05:00:18 pm »

My best guess would be $3K - $4k.   ::)
noon
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« Reply #6 on: October 29, 2011, 10:37:43 pm »

Hi Guys .
I did offer the owner of this note to buy it from him for $7000 about 5 or 6 month ago
And he didn't want to sell . Now i cant pay more than $3000 for it , i did buy a lot of notes instead  ;)
I do buy from Sean Isaacs of Alliance coins  he is very nice guy and some times he have a very good
Deals . As for Ebay it may sell close to $4k-$5k . (without games and inflating the price  ::) )
Cheers
Ottawa
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« Reply #7 on: November 05, 2011, 07:15:30 am »

The bidding is currently close to 4K with two days to go. The bill is currently on display at Nuphilex.

" Buy the very best notes that you can afford and keep them for at least 10 years. " (Richard D. Lockwood, private communication, 1978).
Ottawa
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« Reply #8 on: November 07, 2011, 11:51:41 pm »

The final selling price was CDN$7,110. Wow!!

" Buy the very best notes that you can afford and keep them for at least 10 years. " (Richard D. Lockwood, private communication, 1978).
viauauto
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« Reply #9 on: November 08, 2011, 07:11:14 am »

The note was graded by who and what was the grade ??? I didnt follow the auction...

8) Patrick 8)
* Solids 1 Digit & Error Notes 4 Life*
friedsquid
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« Reply #10 on: November 08, 2011, 07:12:35 am »

The note was graded by who and what was the grade ??? I didnt follow the auction...
BCS UNC 60 Original



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friedsquid
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« Reply #11 on: November 08, 2011, 07:19:39 am »

Quote
Hi Guys .
I did offer the owner of this note to buy it from him for $7000 about 5 or 6 month ago

I guess he should have took your offer back then. He would have been ahead unless he didn't have to pay commission on the sale of his note. :)
I still think everyone believes that they will get more from selling a note through other means than privately....still some of the best deals are made this way...
no commission....no taxes...no ebay fees...etc....
I bet when all is said and done he lost a grand on this transaction :'(





Always looking for #1 serial number notes in any denomination/any series
mmars
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« Reply #12 on: November 08, 2011, 10:16:24 am »

I think he did the right thing.  Private deals are a good way to get hoodwinked if you're not an experienced seller.

    No hay banda  
Luckyme
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« Reply #13 on: November 08, 2011, 10:48:49 am »

You're right mmars the dealer (Sean Isaacs of Alliance coins) did all the work. Sent the bill for grading, listed it on ebay and notified his many contacts. All for a very reasonable commission.
 If I had listed it myself, people would have seen that it was my first and only listing........would you send $7,000 to me under those circumstances?
Anyhow, I got a great thrill watching the auction.
Luckyme.
PS, my serial number 5555555 1974 $2 is now on ebay.
friedsquid
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« Reply #14 on: November 08, 2011, 11:20:48 am »

Quote
the dealer (omit name) did all the work. Sent the bill for grading, listed it on ebay and notified his many contacts. All for a very reasonable commission.

I hope you realize that sending in a note for TPG is not a hard task and the cost is under $20. As for listing the note on ebay, again another 10 minutes to download a picture and write a blurb.   As for notifying contacts, would be interesting to know who bought the note?
BTW we all started ebay with no sales behind us....if your going to start...why not start with a bang...
Bottom line is that your happy with your proceeds....it would be a very nice note to own :)
« Last Edit: November 08, 2011, 11:35:34 am by friedsquid »



Always looking for #1 serial number notes in any denomination/any series
Luckyme
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« Reply #15 on: November 08, 2011, 12:18:17 pm »

Hi fried, you're right, some very valid points. However, after the 5555555 note, I have nothing left to sell.  So, the thought of setting up an account for just those two items was to much for my tired old brain to handle.
Perhaps your advice will encourage someone else to "take the leap".
Sincerely,
Luckyme.
Skylark
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« Reply #16 on: November 08, 2011, 01:52:18 pm »

Wow, I definitely need a girl who works at the bank.

I collect banknotes depicting Tallships. And to a lesser degree, all watercrafts.
 

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