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Topic: Consecutive Notes?  (Read 9417 times)
KelownaGuy
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« on: August 05, 2008, 01:41:14 am »

I have a couple of questions about consecutive notes. I have a small series of notes:
$1 1967 (Beattie Rasminsky) *N/O 0117350 thru 0117360

1) I know that in some cases a premium may be paid for consecutive pairs, what about a group of consecutive notes?
2) How would the premiums compare between consecutive pairs, three consecutive notes, four consecutive notes,......?
3) Is there a specific number of consecutive notes which is more desirable?
4) If I was going to sell the above notes would it be better to sell them as individual notes, or break them up into consecutive pairs or sell them all as a group?
5) Any thoughts as to value of the above series of notes?

Thanks

Rod

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« Reply #1 on: August 05, 2008, 02:07:00 pm »

I would sell these notes as sets of 2 and 3.


KrispyNote
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« Reply #2 on: August 05, 2008, 11:01:30 pm »

I would also keep them as a group.
StormThief24
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« Reply #3 on: August 06, 2008, 03:34:04 am »

It may be prohibitive for some collectors to buy so many notes at once, and your return may diminish with more notes you sell. I would recommend trying to sell them as a whole first, then if you receiver requests to break up the set, or if there is no interest, then break them up.



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KelownaGuy
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« Reply #4 on: August 06, 2008, 01:28:18 pm »

Thought I would add a couple of scans. As a set any thoughts on grade and value?


Rod

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Elwoodbluesca
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« Reply #5 on: August 06, 2008, 01:37:38 pm »

The note look very nice and look to be in Unc, and a bit off center, but still very hard to truly grade a note through a picture.

Here are the book values for BC-45bA;

EF - $30
AU - $60
Unc - $100
CUnc - $120
GUnc - $140

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« Reply #6 on: August 06, 2008, 02:38:42 pm »

Generally speaking, consecutive runs do not sell for more than the sum of the individual notes, the reason being that the demand (as measured by the bidding activity at an auction) will drop off when more than one or two notes are offered together because most collectors only want one piece for their collections and not five or six. Usually, a long run will only be attractive to a dealer who needs the notes for stock and they will then sell for closer to the wholesale price than to the retail price. You may be lucky and find a collector who wants a long run but, generally speaking, you will always realize more at the end of the day by selling the notes individually.

" Buy the very best notes that you can afford and keep them for at least 10 years. " (Richard D. Lockwood, private communication, 1978).
 

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