July 21, 2017, 11:47:14 PM
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Recent Posts

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Asian Paper Money / Re: New Ceylon Discovery
« Last post by Paxbrit on July 19, 2017, 06:14:53 PM »
It was sold at a Heritage auction in 2014 for $12, 925.  If it is unique, once it's catalogued, that value will rise. 

You're right, though, a good offer would probably take it at a discount from the asking price.

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Asian Paper Money / Re: New Ceylon Discovery
« Last post by Burkina2008 on July 19, 2017, 11:54:19 AM »
I doubt that anyone would pay 25k for it
I would see it going in an auction for maximum 10k
3
Asian Paper Money / New Ceylon Discovery
« Last post by Paxbrit on July 19, 2017, 11:36:05 AM »
A new discovery from early Ceylon, a 50 Rupee note from the first series of this India-type note.  This design was used throughout the Indian Ocean in British territories administered by the India Office.

This is from the Ruth Hill Collection, which came to auction a few years ago and is just one more example of an astute collector building a collection of value.

Now for sale on Ebay for only $25,000 or Best Offer.  Afraid I'll have to pass on this one, unless I want to quit collecting for the next ten years !  As an investment, that may not be a bad idea......nah, I like collecting too much.

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Paper Money News / Re: Any Authors?
« Last post by Paxbrit on July 12, 2017, 07:53:43 AM »
I alluded to a second article in my first, last month.  I'll work at something on doctored notes this month, but may be delayed for longer.

Looking forward to seeing the two new articles promised above, here.  Should be good reads.
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Paper Money News / Re: Any Authors?
« Last post by benuminister on July 11, 2017, 10:55:41 PM »
I'll see if I can come up for something for this month
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Buying Paper Money / Re: More banknotes for sale
« Last post by Paxbrit on July 10, 2017, 07:07:50 PM »
Viktor, received my Bermuda note today, very pleased.
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North American Paper Money / Re: Bermuda KGVI
« Last post by Paxbrit on July 09, 2017, 07:12:03 PM »
Here is the other VF 35 note I purchased.  It has arrived, and the three vertical and corner creases are sharp, no signs of washing.

So, my opinion, formed from exactly these two notes, tells me there are opportunities out there, for the collector willing to take the risk of a regrade.

Earlier, I posted photosf in the South American category of my British Guiana P12 graded XF 45.  It seems the Bermuda VF 35 Pound note is the equal in grade, to me, anyway.  Three folds, corner bends, nice and clean, very good eye appeal.

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North American Paper Money / Re: Bermuda KGVI
« Last post by Paxbrit on July 09, 2017, 11:55:45 AM »
Thank you. 

Yes, there seems to be a distinct line between VF25 and VF35, and not just the one-third to half price of the lower VF.  The notes seem to rise from 'unacceptable' to 'that's nice'.

Using the original vendor photo, at double the resolution, I can barely make out a crease on the right side, slanting upwards, otherwise, I can't see the VF grade, either.  These are vendor photos rendered down to fit on this forum, the note hasn't arrived yet, so I'll post more details next week.

This and another VF 35 note just purchased are leading me to believe that there may be some real bargains in this grade that could be undergraded.  Collectors don't turn down nice, clean, original classic notes with great eye appeal, and will pay a premium for them.
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North American Paper Money / Re: Bermuda KGVI
« Last post by akaardvark387 on July 09, 2017, 04:37:18 AM »
Really nice. Congratulations.

Maybe it is up to the images, but I cannot recognize from the photos why is this VF note? Looks much better than an usual VF.
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North American Paper Money / Bermuda KGVI
« Last post by Paxbrit on July 07, 2017, 06:56:54 AM »
I find that by opting for nice, clean lower grades I can afford some notes that XF or AU, let alone UNC, would be unreachable.  This is what happens in retirement, even if I decided to spend the larger sums on the hobby, there are competing interests for discretionary funds, such as rising taxes and medical expenses, that divert hobby money to requirements.

Found this graded VF beauty for a decent price and snapped it up.  There's a dirty VF 25 at one-third the price, so the lesson of always buying the best you can get or afford at the moment certainly holds true.
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