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Thread: Old Currency Experts

  1. #1

    Default Old Currency Experts

    Anybody is or knows a old currency note expert?
    Have a old but well preserved European dollar note, wanna see if there's any value to it.
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  2. #2
    Senior Member sinned79's Avatar
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    Default Re: Old Currency Experts

    not an expert, a novice in this area but things to look out for:

    - condition of the note (must be mint! no crease or torn or dog ears)
    - serial number of the note (must be special enough)
    - year of the note being circulated (is there any special significance during that period)

    above is some factors that will affect the value of the note.

  3. #3
    Senior Member luckyorange's Avatar
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    Default Re: Old Currency Experts

    Quote Originally Posted by de_stan View Post
    Anybody is or knows a old currency note expert?
    Have a old but well preserved European dollar note, wanna see if there's any value to it.
    u can bring to the shops and ask them value for you? if im not wrong golden mile tower got some shop that sell notes
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  4. #4
    Senior Member sinned79's Avatar
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    Default Re: Old Currency Experts

    Quote Originally Posted by luckyorange View Post
    u can bring to the shops and ask them value for you? if im not wrong golden mile tower got some shop that sell notes
    i wun advise that, usually these shops will undercut you if they want to buy from you (so they can still earn a profit selling to others).

    i rather sell to fellow collector then to shop.

    the quickest way is to take picture of the note (rem to put the word "specimen" on the photo) on ebay and see how high it can fetch.

  5. #5
    Senior Member luckyorange's Avatar
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    Default Re: Old Currency Experts

    Quote Originally Posted by sinned79 View Post
    i wun advise that, usually these shops will undercut you if they want to buy from you (so they can still earn a profit selling to others).

    i rather sell to fellow collector then to shop.

    the quickest way is to take picture of the note (rem to put the word "specimen" on the photo) on ebay and see how high it can fetch.
    yup true also. but at least i roughly know the value of the note ma haha,
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  6. #6
    Senior Member sinned79's Avatar
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    Default Re: Old Currency Experts

    Quote Originally Posted by luckyorange View Post
    yup true also. but at least i roughly know the value of the note ma haha,
    you wun know unless u know how much percent they undercut you.

    the value of the note could be $1000 but they buying from you at $500?

  7. #7

    Default Re: Old Currency Experts

    Quote Originally Posted by sinned79 View Post
    i wun advise that, usually these shops will undercut you if they want to buy from you (so they can still earn a profit selling to others).

    i rather sell to fellow collector then to shop.

    the quickest way is to take picture of the note (rem to put the word "specimen" on the photo) on ebay and see how high it can fetch.
    Not sure on how auctions on ebay (or auctions in general) work, but isn't an auction to sell a legally binding contract on both seller and auction bid winner?

  8. #8
    Senior Member sinned79's Avatar
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    Default Re: Old Currency Experts

    Quote Originally Posted by symmetrix View Post
    Not sure on how auctions on ebay (or auctions in general) work, but isn't an auction to sell a legally binding contract on both seller and auction bid winner?
    that's the purpose here.

    when u sell things, sell to the same group of ppl who is keen to buy from you. example, going to ebay, u find notes collector to buy from you. and this also largely depends how much they want to buy from you.

    but if u sell to shops, shops will definitely undercut you cos they will resell to other notes collector for profit themselves.

    just like how B&S works here on clubsnap, u see members quoting higher price, but if u sell your equipments to shops, do u think u can sell the same price on B&S to the shops?

  9. #9

    Default Re: Old Currency Experts

    Quote Originally Posted by sinned79 View Post
    that's the purpose here.

    when u sell things, sell to the same group of ppl who is keen to buy from you. example, going to ebay, u find notes collector to buy from you. and this also largely depends how much they want to buy from you.

    but if u sell to shops, shops will definitely undercut you cos they will resell to other notes collector for profit themselves.

    just like how B&S works here on clubsnap, u see members quoting higher price, but if u sell your equipments to shops, do u think u can sell the same price on B&S to the shops?
    Well, I was under the impression that the TS just wanted to do a price/value check, not sell it outright. If selling, then I guess you are correct there.

  10. #10
    Senior Member sinned79's Avatar
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    Default Re: Old Currency Experts

    Quote Originally Posted by symmetrix View Post
    Well, I was under the impression that the TS just wanted to do a price/value check, not sell it outright. If selling, then I guess you are correct there.
    the value of a product always depends on the buyer.

    but what TS can do is, he still can go ask the shop but maybe use the price quoted as a baseline when he put up an auction on ebay.

  11. #11

    Default Re: Old Currency Experts

    Thanks for all ur feedback.
    I agree with some members here that bringing it to shops they will most likely undercut you cos their bottomline is profits.
    What I'm hoping for is to find a person or forum that specializes in antiques or rare items, hopefully someone can shed some light on the value and history of the note im carrying.
    Nikon D300 | MB-D10 | AF-S 17-55mm f2.8 | 35mm f1.8 | SB-900

  12. #12
    Senior Member sinned79's Avatar
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    Default Re: Old Currency Experts

    Quote Originally Posted by de_stan View Post
    Thanks for all ur feedback.
    I agree with some members here that bringing it to shops they will most likely undercut you cos their bottomline is profits.
    What I'm hoping for is to find a person or forum that specializes in antiques or rare items, hopefully someone can shed some light on the value and history of the note im carrying.
    you may want to google and check if there is any foreign forums who is specialises in this. locally... i think hard to find one.

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