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Topic: $50 1937 Osborne Choice Uncirculated  (Read 16532 times)
Archey80
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« on: November 23, 2006, 05:29:16 pm »

ya hang on I almost passed out WOW

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Archey80
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« Reply #1 on: November 23, 2006, 05:29:28 pm »

...

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kid_kc79
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« Reply #2 on: November 23, 2006, 05:39:51 pm »

Is this something you recently purchased? Or is it for sale?


Either way that is one beautiful trophy note!!

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Manada
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« Reply #3 on: November 23, 2006, 05:43:15 pm »

Sorry Archey, looks like it's mine now! ;)

But always, there remained the discipline of steel. - Conan the Barbarian
Archey80
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« Reply #4 on: November 23, 2006, 05:49:00 pm »

LOL NO! I want it so bad but cant afford it its for sale on ebay the first 5 mins. it went to 4049.99 I was out bid at 3999.99  :'(

Arthur

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venga50
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« Reply #5 on: November 23, 2006, 07:35:36 pm »

Damm, that is one FINE note!  The bid is now at $11,100 USD.  The story about how this note was discovered is fascinating.

Wonder if the woman in New Jersey who inherited this note (and other UNC notes from 1935-1954!) from her grandmother is single?  ;)

Archey80
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« Reply #6 on: November 23, 2006, 07:36:54 pm »

LOL who cares now that shes has sold/selling everthing  :(

Arthur

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twoinvallarta
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« Reply #7 on: November 23, 2006, 09:25:17 pm »

JFYI-My wife bought two Consecutive 1935 $2's Original Unc notes from this seller and the same consignment lot.
The notes were incredible and totally Original.I'm very particular,had the notes not been Original Unc I'd have insisted she return them for that reason.
She received a great price for the pair(auction was a little slow?!),shipped Fedex in one day.The seller also mentioned to my wife he had another set coming from this 'find' tonight on ebay.
I know I will be bidding,I missed the last ones ;)

Just a heads up,great,credible seller imo.

twoinvallarta
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« Reply #8 on: November 23, 2006, 09:50:16 pm »

Quote
My wife bought two Consecutive 1935 $2's Original Unc notes from this seller and the same consignment lot.The seller also mentioned to my wife he had another set coming from this 'find' tonight on ebay.

They are now up on ebay if anyone is interested.

buxvet
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« Reply #9 on: November 23, 2006, 11:04:19 pm »

OMG, you have to be kidding me. What a story. And what a note.
It's gonna fetch a pretty penny
twoinvallarta
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« Reply #10 on: November 23, 2006, 11:07:34 pm »

Looks that way bux,I was just outbid as well!! :( ::) :-/

Seems I'm a little confused tonight,lol!  I was outbid on the $2's and am lead bid the 1935 $50.
« Last Edit: November 23, 2006, 11:15:13 pm by twoinvallarta »

Mikeysonfire
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« Reply #11 on: November 23, 2006, 11:43:52 pm »

It's crazy!  :o The note is now at $12,669.54 Canadian. Who knows how much it will go for...  :-/ Still over 9 days to go!
Ottawa
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« Reply #12 on: November 24, 2006, 05:56:43 am »

Quote
It's crazy!  :o The note is now at $12,669.54 Canadian. Who knows how much it will go for...  :-/ Still over 9 days to go!
We had a long discussion concerning the rarity and value of the $50 1937 Osborne note in true original Unc back in August of this year:

http://www.cdnpapermoney.com/cgi-bin/yabb/YaBB.pl?num=1155596315

At that time I expressed considerable personal doubt that this note was worth $15,000 (the Charlton book value) but the one on eBay seems to be heading rapidly in that direction and it may in fact surpass the Charlton book value!

I noticed that the eBay seller stated that there were "several high grade 1937 Osborne signature $50 notes" in the hoard! One wonders how high grade and how many?!

I also noticed that the seller graded the $50 1937 Osborne as CHOICE Unc whereas the same seller has two outrageous 1935 $50 notes on offer in GEM Unc!! Thus, the $50 1937 Osborne may conceivably have some signs of handling whereas the $50 1935 notes may not(??)

Personally speaking, I wouldn't want to bid close to catalogue value on a sight-unseen basis although there's no denying that the notes look totally superb in the eBay scans.

If nothing else, it all goes to show that the world is a very large place and that similar new discoveries are likely to come to light again in the future. After all, magnificent paper money discoveries have been made for the last 50 or more years and I don't think they will suddenly stop now.  
« Last Edit: November 24, 2006, 06:01:16 am by Ottawa »

" Buy the very best notes that you can afford and keep them for at least 10 years. " (Richard D. Lockwood, private communication, 1978).
Ottawa
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« Reply #13 on: November 24, 2006, 06:18:09 am »

Quote
If nothing else, it all goes to show that the world is a very large place and that similar new discoveries are likely to come to light again in the future. After all, magnificent paper money discoveries have been made for the last 50 or more years and I don't think they will suddenly stop now.
The discovery of this "New Jersey" hoard reminds me of a related hoard of Bank of Canada 1935 notes that came to light in Ottawa in 1995 and which was reported at the time.

The Ottawa hoard comprised 39 $2 notes (35 English & 4 French), 34 $10 notes (32 English & 2 French) and 25 $20 notes (21 English & 4 French). The condition varied widely but there was a Choice Unc pair of $20 English Small Seal notes present. The hoard has since been dispersed.

Believe me when I say that there are many other hoards out there ......... somewhere. Unfortunately, some of these hoards may not see the light of day during our lifetimes!


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« Last Edit: November 24, 2006, 09:57:04 am by Ottawa »

" Buy the very best notes that you can afford and keep them for at least 10 years. " (Richard D. Lockwood, private communication, 1978).
Mikeysonfire
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« Reply #14 on: November 25, 2006, 02:33:44 pm »

The note is now over book!  :o Its at $15,430.56 CAN
 

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