![]() People discuss various notes, values, and auction results all the time. Visiting currency collecting forums is a great way to absorb knowledge. You should do some research on your own (see options 1 and 2) and/or get a second opinion from a different dealer. I wouldn't recommend walking into a currency/coin shop and blindly selling my note for the first offer. There's nothing wrong with that, but keep it in mind. They need to make a profit to cover their store's rent, expenses, wages, etc. They buy and sell every day and likely have seen a note similar to yours somewhere at some time.Ĭurrency dealers always try to buy low and sell high. If you have a local coin/currency dealer, they could be a good resource for getting value estimates for notes that are too new for books and too unique for auctions. It's so unique that there aren't any similar auctions. Another example: you found an misprinted note with a fancy serial number. There won't be any auctions to compare against to estimate value. For example: a new star note run was printed and it is extremely rare. Searching auction archives is extremely powerful, but there still are some limitations. When did the auction end? The more recent the auction completed, the more relevant the result is.Notes from different FRB's or star note runs can have drastically different values. How does yours compare to the ones you see in the searches? Values go down considerably from uncirculated to circulated. You must find the most similar notes as possible to get a good estimate of your note's value. When searching ebay and Heritage Auctions, it is crucial to compare apples to apples. Being able to access the 500,000+ sold item prices is extremely useful. ![]() ![]() Creating an account is completely free so there's not reason not to join. (If the link above doesn't work, go and click on "All Sold.") Guests can search the archives but you must be a registered collector to see the final prices. Heritage allows collectors search their auction archives to see the prices that notes sold for. If they went unsold, what price does the market consider too high.How many similar notes to yours have been listed and sold.You can include past auctions by checking "Sold listings" and "Completed Listings." This will give you a lot of information to consume: Using ebay's advanced search you can search the "Coins and Paper Money Category" for your specific note to find similar active listings. Where is that? The two best sources I know of are eBay and Heritage Auctions. The best place to find a "real world" value for your note is to look in the.real world. Paper money is printed every day and every month, but reference books are printed every few years. Modern series and print runs can also be missing. The values shown in reference books are referred to as "book value." The term implies caution: real world values don't always match theoretical book values. Get more details about these reference books here. The Standard Guide To Small-Size US Paper Money 1928 To Date.A Guide Book of United States Paper Money.Standard Catalog of United States Paper Money.Find the one that best matches your note and voila - your question is answered. All you need to do is find the right page! Books will give you a value range for a variety of conditions. They typically break down note values by note type, denomination, series, and FRB/block letter (or star note). Put bluntly, if you don't want to learn or do any research of your own, this is your best option.Įvery currency collector should own at least one reference book - they are the simplest way to get an idea of your note's value. Reference books condense the knowledge and expertise of collectors with dozens of years of experience. ![]() Luckily it is not impossible to put in some time and effort to research on your own. It's extremely difficult to answer because there are many factors to consider. What is it worth?" is the most common question I get in emails and comments. ![]()
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