Picked Up a Scarce small size National

Smittys

Anyone have Kelly on this?

Cody71086

The NBNC shows 17 notes on this bank. 8 of those have this title. This note makes 9 known. This is now the second known $5. A PMG VF25 $10 sold last year for $282 on Heritage.

Smittys

@Cody71086 said:
The NBNC shows 17 notes on this bank. 8 of those have this title. This note makes 9 known. This is now the second known $5. A PMG VF25 $10 sold last year for $282 on Heritage.

But 7 different Tens show sold on heritage and only 1 Five

Cody71086

True, but unless somebody is collecting one per each denom issued they will pick up any type just to have an example from the charter. It may add a little value in that sense, but not much.

Smittys

@Cody71086 said:
True, but unless somebody is collecting one per each denom issued they will pick up any type just to have an example from the charter. It may add a little value in that sense, but not much.

I'm not sure thats true based on prior selling of nationals, but I guess time will tell..

Tookybandit

I agree with the $5 lower pop adding cool factor, but tough to get any additional premium. Maybe consign it to auction with a request to add a special note to the listing's description.

STLNATS

@Cody71086 said:
True, but unless somebody is collecting one per each denom issued they will pick up any type just to have an example from the charter. It may add a little value in that sense, but not much.

I think that this is generally true unless one specializes in an area/bank and has a competitor doing the same. For instance, for small sized notes on the MO side of the STL area I have pursued one of each potential variety - denomination, type, officer sig and BBS vs BEP printing. At times I put in "crazy money" proxy bids for the pieces I felt I needed to complete the 70 piece set, I really can't think of any where I actually had to pay much of any premium. In fact the last 3 I purchased (unique varieties and all in auctions) were basically at prices reflecting "generic" notes of a given bank and grade.

By contrast, on the IL side of the metro STL area (5 counties) I'm happy getting a nice large and small to cover each bank. Happy to get other denoms and types as they pop up, but won't pay much of a premium regardless of what the census indicates about individual denoms and types if I already have the bank covered by nice notes.

Just MHO and YMMV as they say...

2ndCharter

Anyone have Kelly on this?

A reminder that Kelly is several years old and therefore rather out of date.

T&P and NBNC are the way to go for up-to-date census information.