Why would the 58 sell for more than the 64?
Hallco
Posts: 3,645 ✭✭✭✭✭
Both graded by the same company and as far as I can tell, the same series note. Only a few days apart. I'm at the beginning stages of learning about currency and this confused me. Any help is much appreciated! And remember...the link will probably say something about "the listing has ended......" Just click the word listing and you will see them(terrible Ebay with this new idea)!
This 64 sold for $111.76 on June 17th:
ebay.com/itm/1935-A-1-PMG-64-EPQ-Uncirculated-Hawaii-Silver-Certificate-WWII-Note-Fr-2300-/232798072142
This 58 sold for $168.49 on June 12th:
ebay.com/itm/1-1935-A-Hawaii-WWII-Emergency-issue-PMG-58-brown-seal-RARE-EPQ-/173352301605
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Comments
It appears someone paid too much for the AU note. Looks like minor edge damage on the right side. Makes no sense. Maybe someone will see something I’m not seeing.
As the saying goes..."on any given day".The buyer for the unc note got a great deal and the buyer for the AU paid more than market.......no mystical way to explain it...it happens.
It's FleaBag - 'nuff said.
Member ANA, SPMC, SCNA, FUN, CONECA
First one is a rarer LC block and also if the purchaser's eye sees it as CU, he may have the possibility of cracking out and grading higher elsewhere. PS - when I click on the second one's image, ebay vectors me to a raw PC block for sale
When I viewed the links, they were both S-C block notes.
You are correct now - somehow I was getting the wrong image - I must click the very small Ebay text just to the right of the image to see the orig.
My bad, apologies
A 58 can have better eye appeal than a 64 so I can understand that happening in certain situations. But $168 for an AU is baffling. $1 Hawaii notes in general are very overrated and not worth the prices they bring. Especially the SC block.
Thanks for the information. Do you feel the same about the North Africa notes?
Maybe the 58 buyer had some reason for the 1-7 broken ladder? Otherwise I agree, on any given day of eBay, prices make no sense. I have buyers do the same thing to me. Not to mention that there is certain buyer/seller loyalties as well. I do find that there are time(s) of the month that will make a notable price difference also (as noted on these two-Tuesday and Sunday sales). Just my 2¢ worth
Both North African and Hawaii had a fourth printing which IMHO feel it affected Serial and Seal embossing height by reducing it.
Thanks. I'm in the early stages of learning about paper and those are 2 notes I have interest. I appreciate your opinions.
I mean... there is some ay to explain it... :-)
I noticed that the 64 bidding started at 99 cents and the 58 at $99.99. Would that make the deference of the end price?
The North Africa notes are better than the Hawaii notes for sure. I feel the North Africa notes are worth about what they usually bring. The Hawaii notes are just too common to be bringing some of those prices. Another note that is very overrated is the $1 1928 red seal. There are thousands in CU condition so what makes them a $500 note? Obviously the perception among many uninformed collector's that they are a rare one year issue. And dealers have managed to manipulate prices along the way to catch their fish. There was a time when I could buy an uncirculated $1 Hawaii note for $15. And an uncirculated $1 1928 red seal for $55.
It's no different than going to 2 different car lots and checking out cars...same model, same year and different mileage...one sells for more than another depending on what homework the buyer has done, pressure from dealer to buy the lesser car, it's a partly cloudy day and the sun shines on the lesser car or rains on the better car...I could go on.....when you want to buy currency, you need to know what to look for, realize that grading is a subjective activity. One grader sees what another doesn't (most of the time they're very close). One note might have great eye appeal to one buyer but others might not like what you see. What I'm saying is to do your homework on what makes a nice note, learn to grade for yourself and buy what you like (not the grade on the plastic covering).
my guess is that the centering of the AU is eye-nicer than the 64
Timing is everything. On the 64 Note, perhaps there was a smaller following. Perhaps there was a larger (or more aggressive) following on the 58. Stuff like this happens quite a bit.
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It seems like whenever i'd buy a note via auction, the next one like it but better condition sells for 20% less. Go Figure!