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Collecting > Paper Money > Re: Ebay note g...
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Re: Ebay note grading

by "Owen W. Linzmayer" <IBNS@[EMAIL PROTECTED] > Apr 14, 2008 at 02:32 PM

I agree that it's suspicious if a seller claims not to know how to grade a
note. It's not as if the criteria isn't well do***ented:

http://www.owenink.com/banknotes/grading.html

Personally, I would never buy from a dealer who refused to assign a grade
to
a note and be willing to back it up with a money-back guarantee.


On 4/14/08 8:52 AM, in article O4LMj.44572$h65.17304@[EMAIL PROTECTED]
"note.boy" <note.boy@[EMAIL PROTECTED]
> wrote:

> At least if it has some folds it's not been ironed, hopefully.
> 
> I would be wary of buying form some who sells a lot of notes, this
seller
> doesn't, but claims to be unable to grade them, they may be hoping that
> bidders that think a note looks EF on the scan, for example, will bid
> accordingly.  I would also hold back if only one side of the note is
shown.
> 
> The main thing is do not buy from an ebay seller who's older notes are
all
> "high grade" as there is just one way of having no lower grade old notes
to
> sell.
> 
> We all take a gamble from time to time just don't make a habit of it. 
:-)
> Billy
> 
> 
> "Matthew Brealey" <thelawnet@[EMAIL PROTECTED]
> wrote in message
> news:da357c86-6015-4aa5-bee7-c90e3889f7bd@[EMAIL PROTECTED]
>> I am currently acquiring a fairly large amount of Indonesian paper
>> money from Ebay. With some exceptions it is quite affordable, although
>> there are unfortunately some collectors with more money than sense
>> willing to pay huge amounts over the odds for the rare notes.
>> 
>> Apart from forgery, which is a major concern (certain notes are ALL
>> fake on ebay), the other problem is buying good quality notes, as
>> sellers sometimes do not disclose grade, and it can be difficult to
>> discern the quality of colour from the images shown.
>> 
>> Here is one note I recently purchased, a 1 July 1927 Netherlands
>> Indies 25 Gulden for $20
>> 
>> http://cgi.ebay.co.uk/ws/eBayISAPI.dll?ViewItem&item=180228816008
>> 
>> This is is catalogued at $70 in XF, $14 in F, and $4.50 in G, so it
>> seemed like an OK buy.
>> 
>> The note is bright on its face, with a small dirt spot on the top left
>> of the border, a twice-folded top right corner, and minor dogears on
>> the other corners, a very small folded-over tear on the left (visible
>> in the photo). There is a hard centre crease that does not affect the
>> face. On the back, the note is much less attractive, possibly in part
>> because of its design. The central crease is suffering from heavy
>> rubbing with loss of the design in the crease area (this is less
>> noticeable in the picture but immediately so in handling)
>> 
>> How do I grade this? And how do I do so before buying?
>> 
>> I guess it is merely F grade, so it is not cheap at the price I paid.
>> Correct?
>> 
>> My main concern is that the notes I buy are bright and attractive.
>> Some of the 1950s Indonesian notes are quite beautiful.
>> 
>> For instance, the reverse of the 1952 100 rupiah has some colourful
>> birds and patterns:
>> 
>>
http://bp3.blogger.com/_y8y_ZpVbpsk/R_BcDj-LETI/AAAAAAAAAEo/q077UTE8Zs4/s1600
>> -h/Kebudayaan+6.JPG
>> 
>> (picture at top is genuine, bottom is counterfeit)
>> 
>> while the face is also quite nice: (again, the top note is genuine)
>> 
>>
http://bp0.blogger.com/_y8y_ZpVbpsk/R-97jD-LERI/AAAAAAAAAEY/LCPyaA8TqCI/s1600
>> -h/Kebudayaan+7.JPG
>> 
>> So when I see one on sale, I would like to add it to my collection.
>> 
>> But not if it does not retain its original beauty.
>> 
>> So how is one to judge something like this?
>> 
>>
http://cgi.ebay.co.uk/Indonesia-1952-100-Rupiah-Bank-Note_W0QQitemZ1902108138
>> 77QQihZ009QQcategoryZ4369QQssPageNameZWDVWQQrdZ1QQcmdZViewItem
>> 
>> The seller does not give any grades for any of his notes, unless they
>> are UNC, merely saying that it is circulated. In this case there is
>> only one side of the note shown.
>> 
>> What grade would you say that it is? Disregarding the price is it a
>> nice piece? It is quite hard to tell from small pictures made from
>> scanners that do not necessarily reproduce colour accurately anyway.
>> 
>> It is quite hard to buy things when sellers do not describe them. I
>> would be surprised if anyone would pay $250 for this:
>> 
>>
http://cgi.ebay.co.uk/Indonesia-1957-1000-Rupiah-Elephant-Animal-Serial-5_W0Q
>> 
QitemZ190208293535QQihZ009QQcategoryZ4369QQssPageNameZWDVWQQrdZ1QQcmdZViewIte>>
m
>> 
>> without any statement on the condition (slight dirt I can see, but are
>> there folds, or is that a security thread I see?).
> 
>
 




 23 Posts in Topic:
Ebay note grading
Matthew Brealey <thel  2008-04-13 17:11:16 
Re: Ebay note grading
"note.boy" <  2008-04-14 15:52:14 
Re: Ebay note grading
"Owen W. Linzmayer&q  2008-04-14 14:32:37 
Re: Ebay note grading
"note.boy" <  2008-04-15 18:27:21 
Re: Ebay note grading
"Andrew" <aq  2008-04-14 20:50:29 
Re: Ebay note grading
"Tommy Hillbilly&quo  2008-04-15 08:52:50 
Re: Ebay note grading
"note.boy" <  2008-04-15 18:29:28 
Re: Ebay note grading
Matthew Brealey <thel  2008-04-15 16:37:12 
Re: Ebay note grading
Matthew Brealey <thel  2008-04-15 16:39:08 
Re: Ebay note grading
"Owen W. Linzmayer&q  2008-04-16 08:12:37 
Re: Ebay note grading
noteworthy <banknote@[  2008-04-17 16:12:34 
Re: Ebay note grading
"note.boy" <  2008-04-18 20:53:17 
Re: Ebay note grading
Matthew Brealey <thel  2008-04-20 16:27:16 
Re: Ebay note grading
"note.boy" <  2008-04-21 17:50:01 
Re: Ebay note grading
Matthew Brealey <thel  2008-04-21 12:58:59 
Re: Ebay note grading
noteworthy <banknote@[  2008-04-22 16:09:51 
Re: Ebay note grading
noteworthy <banknote@[  2008-04-22 16:14:34 
Re: Ebay note grading
noteworthy <banknote@[  2008-04-22 16:29:42 
Re: Ebay note grading
Matthew Brealey <thel  2008-04-24 13:30:22 
Re: Ebay note grading
tc7424@[EMAIL PROTECTED]   2008-04-25 06:42:29 
Re: Ebay note grading
Matthew Brealey <thel  2008-04-25 10:19:16 
Re: Ebay note grading
noteworthy <banknote@[  2008-04-25 14:37:12 
Re: Ebay note grading
noteworthy <banknote@[  2008-04-25 15:09:53 

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tan12V112 Wed Oct 15 18:12:06 CDT 2008.