guesses on grades

[jacek99]

hi all,

 

so i submitted these two notes for grading.

anybody want to take a guess at what each will grade.

I'll let everybody know once i get results.

[Raisethis2]

65 and 64 respectively. The first bill is notably whiter which matters to me. The second bill has a bit of a stain on the cheek.

 

 

Still very nice old cash.

 

 

[jacek99]

Thanks for the insight.

Any guesses on what notes like this are worth.

Somewhat new to US note collecting.

[MarkFeld]

You might want to check on the Paper Money forum here

[jacek99]

better pics?

[Nutmeg Coin]

I would venture XF/AU, notes are far more subject to treatments, with original notes in the PPQ/EPQ category hard to find and commanding a premium. I would try to find a local objective currency expert for opinions. Buying already graded PMG/PCGS notes is a substantial safeguard over over-spending, quality control, and honest assessment though certain dealers don't want that and teach that currency grading is largely subjective.

 

For value I would check Heritage Auctions which has current auction records. Also Track and Price has a free 30 day trial. If you are going to put out thousands of dollars in purchases you need to do a lot of research and comparison shopping. http://trackandprice.com/ I met a major business company CEO in Vermont who I sold a couple PMG notes to who related how he was snookered by a local seller as he was a newbie, before he wised up.

[jacek99]

I would venture XF/AU, notes are far more subject to treatments, with original notes in the PPQ/EPQ category hard to find and commanding a premium. I would try to find a local objective currency expert for opinions. Buying already graded PMG/PCGS notes is a substantial safeguard over over-spending, quality control, and honest assessment though certain dealers don't want that and teach that currency grading is largely subjective.

 

For value I would check Heritage Auctions which has current auction records. Also Track and Price has a free 30 day trial. If you are going to put out thousands of dollars in purchases you need to do a lot of research and comparison shopping. http://trackandprice.com/ I met a major business company CEO in Vermont who I sold a couple PMG notes to who related how he was snookered by a local seller as he was a newbie, before he wised up.

 

XF/AU feels a bit tough. I respect your opinion but hope your wrong.

Thanks for the info

[Nutmeg Coin]

It's hard to know how they will grade unless you can inspect them with an led. The second note could go Unc. possibly choice with epq. I prefer high resolution scans with a black background for grading. There are sometimes many hidden problems with notes.

[jacek99]

Cool.

I have high resolution scan but with white background.

I was limited in the quality photo I could upload.

[Nutmeg Coin]

I would also be on the lookout for any defects; pvc, minor rust (more common with older notes), pinholes, residue, etc.. Anything like that could preclude a numerical grade. An led light from behind helps to grade.

[jacek99]

nutmeg, i pm'ed you.

thanks

[jacek99]

Line Item Country Denom. Series Label Description Signatures Grade Comments Pedigree

001 US $500 1934A Federal Reserve Note Chicago Julian Morgenthau 58

002 US $500 1934 Federal Reserve Note New York Julian Morgenthau 50 Closed Pinholes