CPM Forum

General => What's It Worth? => Topic started by: EyeTradeMoney on February 12, 2009, 08:32:34 pm

Title: 1870 $1 Toronto going for < half book
Post by: EyeTradeMoney on February 12, 2009, 08:32:34 pm

Am I missing something here???

VG = $1,100
F   = $2,200

eBay Item # 350162831692 (http://cgi.ebay.com/RARE-1870-DOMINION-OF-CANADA-1-PAYABLE-AT-TORONTO_W0QQitemZ350162831692QQcmdZViewItemQQptZPaper_Money?hash=item350162831692&_trksid=p3286.c0.m14&_trkparms=72%3A1205%7C66%3A2%7C65%3A12%7C39%3A1%7C240%3A1318%7C301%3A1%7C293%3A1%7C294%3A50)

I could not even buy the item because the seller (selling Canadian note) does not accept bids from Canadians.

However, I'd like you input on what this is worth. In terms of grading that is... am I looking at the right note? The seller even says that "Fine" is listed at $1000... F is actually $2,200 in the book if I'm not mistaken!

[edit]Condensed URL into a link --BWJM[/edit]

Title: Re: 1870 $1 Toronto going for < half book
Post by: BWJM on February 12, 2009, 08:47:20 pm

While it certainly is possible that Canadian bidders were deliberately excluded, it is more likely that this was done accidentally without the seller's knowledge or understanding.

The lower price is almost surely a direct consequence.

Title: Re: 1870 $1 Toronto going for < half book
Post by: EyeTradeMoney on February 13, 2009, 12:00:26 am

1. How could he think "Fine" is worth $1000 ?

2. What is the grade on this note? IMO a VG+/F-

Title: Re: 1870 $1 Toronto going for < half book
Post by: Gary_T on February 13, 2009, 12:05:16 am

1. Older edition catalogue

2. IMO fine

Title: Re: 1870 $1 Toronto going for < half book
Post by: EyeTradeMoney on February 13, 2009, 12:40:49 am

It pains me to see a $2,200 lottery go to someone like that just because the seller doesn't know how to use eBay properly.

Title: Re: 1870 $1 Toronto going for < half book
Post by: BWJM on February 13, 2009, 03:56:37 am

It pains me to see people deposit chartered notes, dominion notes, 1935/1937 notes. It's unfortunate, but it happens.

Title: Re: 1870 $1 Toronto going for < half book
Post by: EyeTradeMoney on February 13, 2009, 01:23:26 pm

People still do that???

The best note I have ever seen that was deposited was a Devil's Face Coyne-Towers $50 note in AU. That was almost 15 years ago and I took it for $50 without knowing its value.

I sold it on eBay for $350 US in 2004, I was so happy. Look how much it's worth now!