It's crazy! 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=1155596315At 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 »
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" Buy the very best notes that you can afford and keep them for at least 10 years. " (Richard D. Lockwood, private communication, 1978).