QUOTE(thedeadpoint @ Oct 25 2006, 02:03 AM) [snapback]267060[/snapback]
see323, i admire your serial no. collection. but how do you track down those solids or other special no.s when they could be circulating anywhere?
Hi Naidu and thedeadpoint,
This piece was acquired from ebay Hong Kong seller just last week. Asian countries especially those with Chinese pppulation e.g. Hong Kong, China, Singapore and Taiwan have a large collector's base for solid number banknotes.
In Hong Kong, these nice serial numbers banknotes are being auction by the banks for charity purpose. I am not too sure how this piece was being acquired by the seller as it was printed by the Hong Kong governement special legistration. Traditionally, banknotes were printed in Hong Kong by the various banks. That's how the name banknotes exists until today. In Hong Kong, the existing issuing bank for currency are Bank of China, Chartered Bank and Hong Kong Bank or HSBC.
Any solid numbers with a double letter prefix e.g. BB222222, GG999999 have a premium price above the normal solid number. Double letter prefix are very popular among collectors. The example given for BB222222 have a even high premium since B = 2 in term of order of position and thereby classified under the "super solid number" category. There is no market price for these notes. It is a matter of setting an agreed price among both buyer and seller.
I acquired this note for my collection to form a small sub-collection with my large 555555 collection. It will consists of AA555555, BB555555.....ZZ555555. Generally, countries currently or in the past having this format of serial number come from Philippines, Hong Kong, Macau, China, Singapore NZ and Australia. Both NZ and Australia current format have the year included which may not fully fit into the sub-collection. Singapore only have this format in the Ship Series $2. I have a Singapore Ship Series $2 KK555555.
Solid Number banknotes collecting is not cheap. It is the most expensive category under the banknote collecting other than rare notes. There are cheap ones from India, Indonesia and Philippines. Countries which have a strong economy tends to have a larger pools of collectors and making their solid numbers higher in price due to it's demand and rarity.
Some solids number are extremely rare due to survivial rate from the circulation. The earlier ones tends to be more pricey as more people look for them and thus create higher demand for the acquisition. There are also modern ones with low mintage. It can be both commomorative or for general circulation. An example for a general circulated one is a Singapore Ship Series $1. There are only 4 letter of prefix. It runs from , A/1 to D/20. From A/1 to D/13, the signatory was Goh Keng Swee. From D/14 to D/20, there is a change in signatory which is signed by Richard Hu, a total of possible 7 pieces of solids number e.g 555555 is available for collection. That is D/14 555555 to D/20 555555. These 7 pieces are consider extremely rare. Even the ordinary ones with prefix D/14 to D/20 having Richard Hu signature fetches a higher price than those with Goh Keng Swee signature. I have 2 pieces of the 555555 from Richard Hu signature out of the 7 pieces available. As these notes are non-auctioned item. They are taken out from the bank cashiers to banknote dealers and collectors. Nobody know whether the 7 pieces from D/14 to D/20 survive the circulation. A single piece of any solid number having Richard Hu signature can have a price tag of a few thousands in SGD. About 20 years ago, I only paid a few hundred dollar in SGD for both the two notes. Due to demand and awareness of these rare solid numbers, collectors are willing to pay record breaking prices for them.
Oops...I am writing too much and too long.