I make no assumptions as to the value of rotator notes. A 1973 $1 rotator note was recently listed on eBay for USD$40.00 (in UNC, if I recall correctly) and it went unsold. I knew about the auction in advance and I chose not to bid on the item. My point is that I am not trying to suggest that these notes are more valuable than others.
What I am trying to get across is that rotator notes are simply yet another group of notes that can be collected. Rotator notes are really not much different from radar notes, ladder notes, solids, low-numbers, high-numbers, etc. They are merely another kind of pattern found in the numbers on banknotes. Once the pattern had been discovered, some leg-work was done to get an idea of how many there are.
@ Steve11: You're a very outspoken radar collector... tell me... what's the fascination about these "radar" notes? You double the value for a note simply because it can be read as the same number back and forth? I'm open to persuatsion that this is a "valid" point in collecting, but so far, all it is is an oddity. Semantics and "rationalizations" aside... if you enjoy collecting these, and it's fascinating, then all the better. I'm still not convinced it's a valid criteria in the hobby though.
I don't mean to mock you, but your argument can very easily be applied to radar notes. The same questions you ask and the points you make can be said of radar notes and their applicability to the hobby of collecting paper money.
So then this brings me full circle... Just like radar notes, ladder notes and solid numbers, rotator notes are just another of several "specializations" in the hobby. Indeed, this is a specialization that is just beginning to emerge. It should not be met with skepticism and mockery, but with interest, inquisitiveness and most importantly, open minds.
Whether or not these notes will one day be valued more than their common cousins is something that only time will tell. I think it is far to early to even begin guessing. The market must be observed for a while before any sort of pricing information should be included in a catalogue. (A description, mind you, is perfectly fine).
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BWJM, F.O.N.A.
Life Member of CPMS, RCNA, ONA, ANA, IBNS, WCS.
President, IBNS Ontario Chapter.
Treasurer, Waterloo Coin Society.
Show Chair, Cambridge Coin Show.
Fellow of the Ontario Numismatic Association.