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general ? on value of 1929 national note
jdimmick
Posts: 9,604 ✭✭✭✭✭
General question:
Lets say you had a 1929 small size national note that was the finest known, where there are currently only three known of the same bill, all in vg-f and fairly ratty.
your bill is unknown to the census, but clearly at least 2 grades finer XF+
The past auction records of the known notes realized about 1500+ few years back
Bill is from a NC town that no longer exists ?
thks
Lets say you had a 1929 small size national note that was the finest known, where there are currently only three known of the same bill, all in vg-f and fairly ratty.
your bill is unknown to the census, but clearly at least 2 grades finer XF+
The past auction records of the known notes realized about 1500+ few years back
Bill is from a NC town that no longer exists ?
thks
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Looking for CU $1 FRN 20160523 - any series or block. Please PM
Retired
I think you have to know a little history about the other notes, like how closely they are held, if they ever turn over.
+1.
Nationals are still mostly a locally driven so very hard to generalize as one can do with type notes.
Also, I assume that you meant reported rather than "known" in the OP. My sense is that smalls have historically and continue to be under reported and it is very very possible that other high grade notes on the bank may exist (in the hands of significant players for that market) but have never been seen in an auction or someone who might report it to a census.
Just MHO.
Buyer of quality US Type, Nationals, Obsolete and Confederate