Since my last post in Sept 2009, I've been trying to buy up desirable notes, but its been hard to find anything but common chaff out there.
I have made a few purchases which I perceived to be a very good deal at the time, but then again, this is my perception only (which becomes dated) since I have been holding onto the said notes waiting for a time to sell. My bias that I have made a few wise and advantageous deals (buying notes for less than 1/2 book value at times) is strictly based on the hope that the market will change and there will be buyers out there (eventually!)
Like many collectors here and ones I've met in the past- I buy a few change-overs and less common notes in high grade, in order to resell and hopefully to buy something more particular to add to my collection at a later date.