As some of you know, I’m a member on several paper money forums. Recently, on a different forum, a member asked what their note was worth, and later in the thread a different member publicly questioned my assessment. To avoid a public argument, I PM’ed them asking for an explanation. Their answer surprised me.
Apparently, their evaluation is based on what they like/collect and not on current trends. They valued the note at FV and went on to explain that many were printed and saved, and the note is easily found. They also added that a coin shop or dealer wouldn’t put any premium on the note.
We don’t see a lot of “ What’s my note worth ?” here on this forum from new collectors and was wondering, am I doing this wrong ? Are collectors asking what other individual collectors would pay, or what to expect in a popular retail setting ?