QUOTE(Dave @ Mar 19 2007, 04:22 PM) [snapback]311989[/snapback]
I would love to collect them, but to get them in decent condition would be very costly. I am finding that the african notes with French design influences from the 1940's through the 1970's are becoming more popular and are edging me out. Just last week I tried to bid on some notes and they were all over $150.00, with some into the 250+ range. These are notes that you could get even just a couple years ago for a fraction of the cost, though they were harder to find.
Belgian Congo notes are some of those that I find with hefty price tags too. And with good reason, while far from being rare or even scarce, they do have some of the best designs and vignettes from that era.
As we have all benefitted from the Internet for easier shopping, we will have to compete with everyone else - from the older collectors to those who are impulse buying a banknote because they happened upon it. I think that's why you still find people bidding on Zimbabwe Bearer Checks and Iraqi Dinars at exhorbant prices... But the Belgian Congo notes fall into a different category; I cannot remember them ever being less than expensive.
I fully agree with your observation and findings. Even some fine condition Belgian Congo notes are being snapped up at ridiculous prices. I usually stopped at the price that I wanted to pay. Most of the time, I will let it go off. I have seen in one auction, a nice specimen note went for US$400. Inclusive of commission, it will be even higher. Although I am willing to paying high prices for my world solid number banknotes but somehow I was quite reluntant to pay high prices for the Belgian Congo banknotes. After observing Belgian Congo banknotes ebay auction for the past 2 years plus, I find the prices are moving upward. I agree with you that they are not rare or scarce. But there are many of these low quality banknotes for sales. So far, I managed to acquire 3 pieces with AU to Uncirculated condition.
The most recent piece which I won from ebay auction is a 1943 5 Francs in choice uncirculated condition. I seldom see such nice original condition piece sold in ebay. On the obverse, it has a lady and a little child looking at something that look like a beehive or cone. On the reverse, an elephant and a hippo were featured. A relatively small note and I paid US$200 for it. I must have paid high for it after winning the auction. As the American seller ( I believe he is an elderly man ) do not sell anyone outside the shore of USA, I make some arrange to pay him by postal order sent by my American friend. My friend send an overnight courier package which contain the postal order to this seller. The seller told me that I must have paid a lot for the courier service. I told him that I only paid a few cents extra for the purchase of the postal order. My friend paid the rest. Gee...what a friend. Anyway, I thank my friend in some other way later.
Still I have yet to find a nice 6/7 natives rowing the boat piece for my collection.