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TookyBandit Show full post »
 
Cody71086
I had a similar experience with a $5 St. Louis 1929 FRBN. I was at a show flipping through a coin dealers currency binder and stumble upon the note. Grades a solid F12. I see a $40 price tag on it. I don't even ask a question and just hand the money. I walk over to the next row and sell it to currency dealer for $400.

At a show last year a small dealer had bullion and three notes--all 1929 Nationals. Two were common KC and Memphis $20s and the third was a $10 on a town in Illinois I never heard of. Price on the $20s was $40. The $10 was $30. Even if they were dirt common it was a deal. I say I'll take all 3. He says "$80". DEAL! I get home and check the census and the Illinois is new to the census of I think 4L and 5S. I sell them at KC and the Illinois pays for my hotel, gas, and food for the entire trip.
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oklahomadanny
$149 BIN sold for $1600.
#692 $20 error.jpg
Let's wrap this up. MPCFest auction May 6, 2018
Had hoped for spirited bidding that would push it to $2500 from an estimate of $1500-2000. Understand there where lots of lookers prior to auction but sadly only 2-3 bidders and it went for $1600. Buyer is a well know collector/dealer so don't know if it's for his personal collection or inventory.
 
I guess I was a bit disappointed there was not more bidding for just the 4th-5th example of this scarce error note. Ten years ago these would have been the 'talk of the MPC town' and brought spirited bidding. Sadly MPC collecting has been shrinking as the veterans who can relate to these notes are reaching their 70's.
 
 
More details here. https://www.papermoneyforum.com/post/military-replacement-notes-i-just-keep-adding-more-8608813?highlight=692+20&trail=100
[Avengers100px][CIB3-2][geronimo2] 
  *Dad* 7/21/1916-12/22/2014 *WWII Veteran* Signal Corps *
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buddylee
Bottom line- never ever buy a cga holder for what they say it is....
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