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PMG is the Official Grading Service of the Paper Money Forum
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Dan Cong
I'm sure there are a billion examples of this, but it was a note I bid on tonight and lost. first auction is nov 2017. eBay is where the real action is for the high roller. 
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MEC2
I'm glad the erroneous error claim didn't make it on the holder... I saw that note, and was curious where it hammered at since I just picked up one  in similar condition (at a hell of a lot less than that...).

And I am worried for the day where all auctions turn into nothing but wholesale auctions for eBay sales...
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HoneyBadger
MEC2 wrote:
And I am worried for the day where all auctions turn into nothing but wholesale auctions for eBay sales...


Tell me about it. Annoying when you are the underbidder, then it shows up on eBay a week or so later for twice the price.

While not entirely the case, a number of the Glasser notes have found their way onto eBay with a nice price boost. I am also wondering if eBay has become a new way to display your collection. Nobody is buying these notes at these ridiculous prices.
FRN Collections Complete - 1928-1934 LGS: $5 [87%] - $10 [37%] - $20 [2%] - $50 [6%] - $100 [0%] - $500 [0%]

http://www.1928notes.com - If you have a new note to add, please let me know.
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mebid2much
[QUOTE username=HoneyBadger userid=5770097 postid=1311659138]

Tell me about it. Annoying when you are the underbidder, then it shows up on eBay a week or so later for twice the price
+1. It’s super annoying.🤬
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Numbersman
Damn,suddenly mine is looking really good! Guess I better hurry up and get it on eBay!

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Dan Cong
that has a lot of eye appeal for a 25 no EPQ. I'll go $300 paypal friend rate plus shipping 🙂
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Numbersman
I was thinking $50,000 on the bay!  A little humor here.Sorry Dan but this one I'm hanging on to at least until the Jan FUN (if there is a Jan FUN).
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HoneyBadger
Numbersman wrote:
I was thinking $50,000 on the bay!  A little humor here.Sorry Dan but this one I'm hanging on to at least until the Jan FUN (if there is a Jan FUN).


*sigh*
FRN Collections Complete - 1928-1934 LGS: $5 [87%] - $10 [37%] - $20 [2%] - $50 [6%] - $100 [0%] - $500 [0%]

http://www.1928notes.com - If you have a new note to add, please let me know.
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Dan Cong
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Cody71086
There are still many that won't accept it, but people love plastic security blanket. It hasn't fully taken on off in paper, but the big surge happened in coins around 15 years ago.

I remember in 2000 when I was into coins and dealers would laugh if you wanted to slab an AG 16-D dime. Then around 2005-06 circ semi-key and key dates began to appear in plastic. Now common mid-grade classic type is in plastic. Finding original VF Barber material raw is damn near impossible. My dealer friend had a tray of raw low grade problem and original semi-key and key date coins for 20 years--that never sold. He slabbed them (without altering the price mind you) and none of them lasted a week.

Maybe someday we will see circ common 34-50 small heads in plastic in droves?
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Steve in Tampa
I wasn’t actively collecting 20 years ago and can only imagine conversations between sellers and buyers about the condition of notes. The seller pointing out its attributes and the buyer countering with its distractions. Add in all the different grading standards and you have a recipe ripe for the need of an umpire, an official source for arbitration and standards accepted by both sellers and buyers. Online auction catalogs with detailed descriptions weren’t enough for buyers hunting raw notes...enter the third party evaluation to help both buyers and sellers making global sales possible. TPGs give buyers peace of mind when deciding on purchase.
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HoneyBadger
Cody71086 wrote:
There are still many that won't accept it, but people love plastic security blanket. It hasn't fully taken on off in paper, but the big surge happened in coins around 15 years ago.

I remember in 2000 when I was into coins and dealers would laugh if you wanted to slab an AG 16-D dime. Then around 2005-06 circ semi-key and key dates began to appear in plastic. Now common mid-grade classic type is in plastic. Finding original VF Barber material raw is damn near impossible. My dealer friend had a tray of raw low grade problem and original semi-key and key date coins for 20 years--that never sold. He slabbed them (without altering the price mind you) and none of them lasted a week.

Maybe someday we will see circ common 34-50 small heads in plastic in droves?


Plastic is what sells...

I can see auction houses and eBay forcing the grading issue, too. Of course, if the price of small size crap keeps going up like it is now, it might behoove everyone to start grading all their small size stuff!
FRN Collections Complete - 1928-1934 LGS: $5 [87%] - $10 [37%] - $20 [2%] - $50 [6%] - $100 [0%] - $500 [0%]

http://www.1928notes.com - If you have a new note to add, please let me know.
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Dan Cong
Slabbing has both an upside and at the same time a downside in that it commodifies collecting. In theory, a 65 EPQ should be basically identical to other 65 EPQs of the same note. So one can price trend according to the numerical grades and "invest" based on numbers. Soon there will be bundled PMG derivatives where you buy a FR# or series in bulk without ever owning the note, but be a part of a pool of plastic. I'm starting the "Cong Fund" of 70 EPQ Silver certificates. 10K buy in to get in on the ground floor. PM me for my offshore bank swift and account number. 
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