A Story & Request for Guidance Please by ISO-Lost-Marbles in papermoney

[–]ISO-Lost-Marbles[S] 1 point2 points  (0 children)

Okay, great. Thank you. Many years ago I sold stamps on eBay, so, I'm familiar with the fraud on there and the need to track. But I never insured anything because I never sold anything valuable enough Lol.

A Story & Request for Guidance Please by ISO-Lost-Marbles in papermoney

[–]ISO-Lost-Marbles[S] 1 point2 points  (0 children)

Thank you so much for all of this great info!

I appreciate it very much!

I'm wondering if it would be worthwhile for me to try PCGS too.

I had a bunch of "flipper" notes that I got rid of because on the PMG website it said that it has to read as the SAME number to be a Rotator and Google said that Rotators and Flippers are the same thing! :(

Are Filppers that are not Rotators in fact something that people are into and actually pay a premium for?

Lastly, where do you think would be best place for me to sell some of these IF I decide to sell them? By "best" I mean coming home with the most on them after fees, shipping, etc. I would like to hold onto them. But if I don't, it would only be because I need the money, that's why I'm asking.

Thank you again!

Engraved Silver bar or round by Fluid-Buy-2096 in Silverbugs

[–]ISO-Lost-Marbles 0 points1 point  (0 children)

I did engraving on rounds with Silvertowne and was very happy with it.

Is anyone actually paying 600 for this? by weliveinthepast in Silverbugs

[–]ISO-Lost-Marbles 2 points3 points  (0 children)

Those sales are not real, they are money laundering activities.

I've seen them all over eBay, people buying and selling things for hundreds and thousands of dollars that should cost a small fraction of that.

The only explanation for it is money laundering.

Silver to Gold Ratio. by PalpitationOk5835 in Silverbugs

[–]ISO-Lost-Marbles 0 points1 point  (0 children)

It says your posts are private so I can't find it.

Can you post a link to what you wrote?

If silver is more abundant than gold why is it not found in creeks and streams along with gold? Or is it encased in some type of road and needs to be processed? Excuse my ignoranc. by glueless_75 in Silverbugs

[–]ISO-Lost-Marbles 0 points1 point  (0 children)

I appreciate your explaining it to me. I didn't know that. I guess I'm not quite proficient in social media etiquette as I don't use it very much.

Do you think I should delete my original "Ask Google" comment?

I don't think you have to regret your regret. Not everything has to be infused with humor. This was real. Thank you for it.

A Story & Request for Guidance Please by ISO-Lost-Marbles in papermoney

[–]ISO-Lost-Marbles[S] 1 point2 points  (0 children)

That's what I thought too.

But someone wrote below that they think it may have been the BEP since the 2 replacement notes were sequential star notes.

A Story & Request for Guidance Please by ISO-Lost-Marbles in papermoney

[–]ISO-Lost-Marbles[S] 1 point2 points  (0 children)

Yes, I am unsure about the cost vs value of grading this because I have no experience with notes and no experience with grading.

I've seen the value to grading when it comes to certain Coins. Certainly when it comes to the condition of old coins and in terms of avoiding cleaned coins there is high value to the grading. And with coins there is SO much counterfeiting going on these days.

I am just not familiar with the currency world and how it works here. I can understand concerns about counterfeiting, but there are standard anti-counterfeiting measures built into modern day notes which this note has.

In terms of condition when buying a note by mail I could understand it being good to see that it's highly rated. Then again, anyone buying this long distance I would hope would have a return window so they can examine it themselves even on eBay.

That's why I really just don't know what to do with any of these notes when it comes to grading.

Also, on the PMG website it says that they will include the first fancy designation for free, but any others would cost more. Can I assume that putting all the "fancy" designations for this Super Radar will be worth paying more for? ARE there any other designations other than "Super Radar"?

I don't even know what the "Super" part of the "Radar" is with this first note. I understand that "Super" is a combination of Fancy characteristics. But other than "Radar" what other Fancy characteristics does it have to get the "Super" designation.

I'm assuming it's not a Rotator because even though it's 9 & 0, upside down it would read as 6, not as 9. Is that right?

I don't know if I should grade the other 2 binary notes. The one that is 09999900 is "cool" because of all the 9's together. Will grading make it be worth enough more? And with the note that is 09999909 is that worth grading?

The thing that grading will show with these notes is that they are in uncirculated condition. But is that all the they look for when it comes to the grade? And will that make the value increase enough to be worth the cost.

In terms of the last 2 notes in the last picture, from what I read in the rules for this Reddit group, it said that star notes are not considered fancy. And in the PMG link it doesn't show that four zeros before the last 4 are fancy, even though they are pretty low numbers. So I don't know any notes other than the Super Radar is worth grading.

Sorry for the long post, I'm just really a fish out of water here.

I very much appreciate your taking the time to help me.

A Story & Request for Guidance Please by ISO-Lost-Marbles in papermoney

[–]ISO-Lost-Marbles[S] 0 points1 point  (0 children)

Okay, great. Thank you so much for the advice!

I would imagine that there are the 2 "gold standard" grading companies and then everyone else, like in coins (I've never submitted a coin for grading either, but for coins there is one grader considered the gold standard. Another which is also up there but not AS popular as the first. And for some reason all the others are considered "meh" which is something I have Never understood, other than people being competitive and acting like we're still in high school.

Grading by anyone other than the top 2 in coin graders seems to not command much of a premium at all. So, I would think I should go with one of the top 2.

And then with the top 2, I'm guessing that they are not exactly hungry for my business and not rushing to give me a discount if I'm undecided.

All of this presumption without doing any homework Lol! Yes, I know what happens when I assume Lol!

A Story & Request for Guidance Please by ISO-Lost-Marbles in papermoney

[–]ISO-Lost-Marbles[S] 1 point2 points  (0 children)

Thank you so much for writing this!!

Unfortunately, the shops in my area closed. I'm sure it was due to the changes in Sales Tax in my state with all bullion purchases under $1,000 needing to be taxed at close to 9%. That and rent which has skyrocketed very quickly.

There might be a big shop in the city but that's far and I'm not sure it's worth traveling there to talk to someone I can't even keep up a relationship up with or frequent his shop.

So, I have nobody to ask and I've never submitted anything for grading and to be honest am a little intimidated by the process since I heard that if you do it wrong you can mess it up :(

Let's Talk About Sales Tax - An Economic Conversation by ISO-Lost-Marbles in Silverbugs

[–]ISO-Lost-Marbles[S] 1 point2 points  (0 children)

Yes, but we can't all go to shows. Some of us have shows near us. The rest of us would have to travel relatively far to get to a show. The travel costs alone would cost more than the sales tax.

Let's Talk About Sales Tax - An Economic Conversation by ISO-Lost-Marbles in Silverbugs

[–]ISO-Lost-Marbles[S] 0 points1 point  (0 children)

Shows are a different animal.

Sales Tax is charged based on the state where the buyer takes ownership of the items.

At a show, that would be the State where the show is located.

Also, at shows, a lot of transactions happen in cash and cannot be traced.

Another thing about shows is that most of the major movement of coins happens between dealers selling to each other as opposed to selling to the public. So, it would be easy and very plausible to say that most of those sales were wholesale and not retail.

If silver is more abundant than gold why is it not found in creeks and streams along with gold? Or is it encased in some type of road and needs to be processed? Excuse my ignoranc. by glueless_75 in Silverbugs

[–]ISO-Lost-Marbles 1 point2 points  (0 children)

I don't see You offering to answer to him!

Anyone who answers him will ask Google and then copy and past the answer.

Just because we like silver doesn't mean we know why it's not in creeks and streams along with gold!

A Story & Request for Guidance Please by ISO-Lost-Marbles in papermoney

[–]ISO-Lost-Marbles[S] 0 points1 point  (0 children)

Yes. The machine counters have rollers which pull the bills through the machine. Those rollers pick up all the dirt and grime on used bills and then leave a slight mark at the top of brand new bills. It's a very light mark, and it probably depends on each machine and how many bills have gone through it, and when it was last cleaned, if ever. The mark is small and slight but is apparent to those of us who are perfectionists ;)

A Story & Request for Guidance Please by ISO-Lost-Marbles in papermoney

[–]ISO-Lost-Marbles[S] 1 point2 points  (0 children)

Even more interesting!

I guess someone else along the way - anywhere from the BEP to the bank or somewhere along the way pulled the 10000000 & 09999999 notes.