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Topic: Commerce Notes...gotta find some  (Read 5115 times)
WestySteve
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« on: May 12, 2012, 11:51:29 pm »

Can anyone recommend a source to get a good deal on the Commerce Bank issues of 1935 or 1917, or whatever.  Really like them...especially the $20.  Trying to find a better deal than ebay.  Is there a website of a dealer I might not be able to find through Googling?  Looking for VF condition, but would consider Fines.

four posts and counting!

Steve
BWJM
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« Reply #1 on: May 13, 2012, 02:22:00 pm »

Wanted to comment on my own post to raise my post count. :)
Extra post removed.  We don't play those games here.

BWJM
Member of CPMS, RCNA, ONA, ANA, IBNS, WCS.
Treasurer, Waterloo Coin Society.
Show Chair, Cambridge Coin Show.
Fellow of the Ontario Numismatic Association.
mmars
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  • money is gregarious
« Reply #2 on: May 13, 2012, 02:24:01 pm »

Can anyone recommend a source to get a good deal on the Commerce Bank issues of 1935 or 1917, or whatever.  Really like them...especially the $20.  Trying to find a better deal than ebay.  Is there a website of a dealer I might not be able to find through Googling?  Looking for VF condition, but would consider Fines.

four posts and counting!

Steve

Cheaper than eBay?  Wow, that IS cheap.

I have a number of Commerce notes.  Not sure I want to entertain any offers less than eBay, lol.

    No hay banda  
WestySteve
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« Reply #3 on: May 16, 2012, 10:09:23 pm »

Hey, when you sell on the 'bay, you lose about 12% to 15% in fees.  That's why good old fashioned internet buy and sell boards are making a comeback.
mmars
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« Reply #4 on: May 17, 2012, 03:09:30 am »

On higher price items, it's possible to keep the seller fees down under 10%, including PayPal.  Even at 15%, that's better than entertaining offers that are 30-40% below what a little bit of competition might produce.  If private boards are so much better than eBay for sellers, why would the buyers want to leave eBay?

    No hay banda  
gendis
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« Reply #5 on: July 30, 2012, 09:09:00 pm »

There was a 1917 Canadian Bank of Commerce $20 (small signature) graded PMG VF25 in the latest TCNS auction in Calgary.  It had a reserve of $465 and did not sell.  I am sure it will appear in their next auction.  An extremely nice XF (not graded) small signature note was sold to a dealer on the bourse at the RCNA for $900 with both the seller and buyer pleased with the transaction.
« Last Edit: July 30, 2012, 11:14:03 pm by gendis »
gendis
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« Reply #6 on: August 13, 2012, 09:39:14 pm »

The Canadian Bank of Commerce 1917 Logan (small) $20 now appears in the lastest TCNC September auction.  There are no reserves in this auction but the current estimate is $900-$1000.  It's nice to know the market is so strong.
gendis
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« Reply #7 on: September 22, 2012, 06:39:53 pm »

The 1927 Bank of Commerce $20 (graded PMG25) sold for $407.10 plus taxes and shipping.  A PMG15 sold for $324.20 plus tax and shipping.

I have yet to buy a TPG note and wish (probably in vain) that more dealers would use BCS.

I guess Gresham's Law is still valid.
 

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