While the ? may have been rhetorical in nature " Did the tsunami hit yet? " , I'd certainly argue it has landed in high end , high grade , rare notes.
While I will not drone on about different selling prices I've seen or experienced, let's just say that I did a transaction with one of the largest currency dealers in N .A ., all very rare and graded PMG 65 or better.With a book value at the time of $40,000 CAD , I was able to capture $70,000 CAD for this lot.
Another prime example is a forum member I dealt with several years back.One of the finest gentlemen in the hobby/biz who sold me a note booking at $1700. After intense negotiation I settled with a buy price of $10,000.00.That very same notde has seen a recent offer of $13,000.It still books at $1700 in the 29th CPMC.
Anyone following Heritage , or some of the other dealers of high end paper money certainly will tell you buys are commanding premiums that astound them.In example Heritage just sold a coin for a record $15 million.
Tsunami? Not in 1967 $1 notes , nor will you find it in 1986 solid numbered notes .The wave has arrived, taking hold in a very small corner of the market, the trickle down effect will come.Indications are late 2017 to 2018.We shall see, it is a guessing game for sure.The C.B . 's took the financial world for a tailspin with negative interest rates and wiping out savers while triggering asset inflation in housing via the unheard of low interest and cheap value to loan ratio.For brevity and to stay on topic I will not delve into credfit swaps, bullion bank selling , currency manipulation ect.All keeping inflation under wraps from public view.But did it really?
OT-Hello Hudson.Nice to see you here.We lost contact, Id love to converse once more.Same email.Cheers