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hfjacinto Show full post »
 
jdizzle
BestestDad wrote:
@jdizzle
I totally agree. I have found most of my rare notes and coins trolling on eBay. Usually they are not listed correctly or the seller doesn't know what they have. I have a few favorites I look at 10+ times a day. I catch the great buy it now and best offer deals. 
EXACTLY!  Same here @BestestDad...except I have a list of about 30 saves searches and sellers that I check about 30 times per day.  ;-) 

@hfjacinto Not sure what your idea of a good or fair price is for notes or what type of discount your local shop offers your over fair market value, but since you're asking about VF+ WWII notes, I'll PM you the details on where I built my VF+ WWII type set over the last two years and what I paid as an example.  

Enamored with VF-35 and lower grade PPQ/EPQ notes!
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hfjacinto
Thank you! I can’t find the 5,10 and 20 Hawaii locally so I’m not certain what a fair price is.

As to what I consider fair it really depends on the note condition, etc. I’ve picked up notes at a few dollars over face locally and I’ve picked up notes at my current internet source for 30% below eBay costs. I use the price guides as a source but i don’t pay price guide prices.

As to eBay, for my slabbed IHC, I have created a saved search and many times new items are listed priced to sell and I get those.
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jdizzle
hfjacinto wrote:
Thank you! I can’t find the 5,10 and 20 Hawaii locally so I’m not certain what a fair price is. 
Just sent you a PM...check it out and feel free to reply if you want to discuss further.  
Enamored with VF-35 and lower grade PPQ/EPQ notes!
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hfjacinto
Replied back! Your PM was very informative!
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BestestDad
Just curious  were my prices way off base? 
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hfjacinto
@BestestDad I don’t have Hawaii notes locally so I can’t say. The few places I checked online the prices seem fair. As to my purchases, A few of the notes I’ve picked up I got really good prices as I have a relationship with the local dealer. He let me go through over 1000 bills in his junk bin and I paid little over face, but that was me. I’ve spent thousands there. Based on what I see, it makes more sense for me to just wait and see if I can pick them up locally or have my LCS get them for me when coin shows come back. I still have a list of wants, so Hawaii notes will just wait.
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jdizzle

hfjacinto wrote:
@BestestDad I don’t have Hawaii notes locally so I can’t say. The few places I checked online the prices seem fair. As to my purchases, A few of the notes I’ve picked up I got really good prices as I have a relationship with the local dealer. He let me go through over 1000 bills in his junk bin and I paid little over face, but that was me. I’ve spent thousands there. Based on what I see, it makes more sense for me to just wait and see if I can pick them up locally or have my LCS get them for me when coin shows come back. I still have a list of wants, so Hawaii notes will just wait.
 It sounds like you’ve figured out what works best for you, so stick to it. Having dealers keep an eye out for you for
specific notes is always a great thing. :-) And as you hav me already found, relationships can be very important in this hobby both for finding tougher notes and for what you’ll expect to pay.

Paying “little over face” is generally reserved for very low end notes that don’t have a massive numismatic premium or for more common notes in VF or lower condition that a seller wants to get rid of. eBay won’t be the place for that unless they are auction format with very low starting bids. I’ve picked up some great deals on VF+ PQ notes for my set that way. But eBay BIN listings won’t ever be that way except for very common notes, generally with problems that make them less desirable. 😊 Local dealer “junk bins” and those you find at shows are the best way to find notes for those “junk bin” prices. 

Enamored with VF-35 and lower grade PPQ/EPQ notes!
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kweb1965
I have several graded Hawaii, mainly PMG.  I think I have 4 $1, 3 $5, 1 $10, and 4 $20's.  My ten dollar is in OK condition, i.e. a 25.  Does anyone have anything better in a 10 Hawaii?  Also, Ebay will let CCCS and BCS graded notes, both Canadian companies, sell on their site.  I am not sure if they allow the new PCGS Gold Shield yet.  I have a couple notes graded by them, but I think I will stick with PMG.  Don't bother with Legacy yet, but that is just an opinion.
Kevin
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whybee
BestestDad wrote:
@jdizzle
I totally agree. I have found most of my rare notes and coins trolling on eBay. Usually they are not listed correctly or the seller doesn't know what they have. I have a few favorites I look at 10+ times a day. I catch the great buy it now and best offer deals. 


Bolded for emphasis. I could not possibly agree more. My favorites are the wrongly categorized or misspelled items. But it's really the or best offer deals where I shine (sorry @tigertrader 😊)
Mike
Interested in Maryland nationals and obsoletes
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hfjacinto
Quote:
Paying “little over face” is generally reserved for very low end notes that don’t have a massive numismatic premium or for more common notes in VF or lower condition that a seller wants to get rid of. 


I don't really agree, if careful in looking and picking you can do well. These are all "junk bin" pick ups.

IMG_3775.jpg  IMG_3776.jpg  IMG_3939.jpg  IMG_3940.jpg  IMG_3918.jpg  IMG_3919.jpg  IMG_3936.jpg  IMG_3935.jpg 
And for the ultimate in Junk Bin pick ups, I did 75% of my bison nickels from the "junk bin"
IMG_3604.jpg  IMG_3605.jpg     IMG_3605.jpg 

Don't discount the junk bins ðŸ˜ðŸ‘
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BestestDad
Another thing I look for are lots with a note I want in it then I sell the rest. Don’t bid more than what you are willing to pay for the note you want. I paid $40 for a lot of 6 1928 $2 that included this 1928c mule note 7ACBEDDD-6670-4F33-AF56-40FFD82C5065.jpeg 
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BestestDad
Better @whybee😎
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whybee
BestestDad wrote:
Better @whybee😎


OH YEA! That 28c Mule for $40 is incredible!
Mike
Interested in Maryland nationals and obsoletes
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BestestDad
$30 if I can sell the other 5 28c notes for face value
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asheland
Sadly, most of my notes have come from ebay...  The selection is usually excellent, it's just the price that's not always the best...
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dogsranley
My experience----A lot of coin dealers don't know currency values, a lot of currency dealers know coin values(maybe because they collected coins first). In many years past,when I had time,I used to scour coin dealer websites to find occasional note listings. These were by far the best buys I've ever made.
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hfjacinto
Thanks all for the great advice. The place I usually get my notes from has gotten a few more and as long as you don’t buy them I’m back to good!! 
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MEC2
asheland wrote:
Sadly, most of my notes have come from ebay...  The selection is usually excellent, it's just the price that's not always the best...

When you buy off eBay, isn't the price you pay sort of up to you? Or perhaps you just refer to BiN stuff... eBay does seem like the worlds largest unrealistic dealer showcase at times...

Have to admit, eBay indeed is by far my largest marketplace, but it's also where my best deals have almost always been. Mind you, things were better 10 years ago, had I known then what I know now I'd have bought expensive notes cheap back then... but even today, deals can indeed be found. But the ratio is vastly shrunk and there is alot of overpayment - of currency in general right now, alot of cash pursuing a relatively static amount of notes...
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Steve in Tampa
Similar to the other members, I use a diverse approach using auction houses, trusted dealers and fellow members in private transactions. Through networking and direct messaging, it’s possible to find unadvertised examples at below-market prices. My most recent was a private trade with a forum member where no money changed hands....just note-for-note. 
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mfontes
Great advice from everyone.  The connections with other collectors and dealers is a great resource.  Most of the good dealers will be happy making a marginal profit while providing a note at a good purchase price.  I've even traded like Steve has mentioned.   Keep searching all the dealer websites and auctions.  Never hesitate to make a reasonable offer; it will be accepted, countered, or declined.  Nothing wrong with those options.  Unless the note you want is unique there will be another one out there.  I've waited many years for notes to pop up and eventually they do.  Recently, I found a note after searching for it for about 15 years.  Unfortunately, I missed the second note that was unique and I am sure it is gone for another 15 years.  
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