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thelawnet

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Everything posted by thelawnet

  1. But of course there are plenty of US collectors of obsolete banks who would be interested in these notes. You'd likely get more info over at forums.collectors.com on this. Here's some results from ha.com on past sales of these: http://currency.ha.com/common/view_item.ph...7379&src=pr Singapore, MI- Bank of Singapore $2 Dec. 25, 1837 G4 Notes on this bank are seldom seen. This example has nice edges and paper for the grade. The ghost town of Singapore has been covered up by the shifting sand dunes of Lake Michigan. Fine. $345 21/9/2008 http://currency.ha.com/common/view_item.ph...2229&src=pr Singapore, MI- Bank of Singapore $3 Dec. 30, 1837 $373.75 8/7/2008 http://currency.ha.com/common/view_item.ph...1501&src=pr Singapore, MI- The Bank of Singapore $1 Dec. 25, 1837 G2 Bowen 1 A nice circulated signed and issued example from this very scarce bank. Fine-Very Fine. 21/9/2002 $143.75 http://currency.ha.com/common/view_item.ph...1502&src=pr Singapore, MI- The Bank of Singapore $2 Dec. 25, 1837 G4 Bowen 2 A lovely note which is the Haxby plate example. About Uncirculated. 19/9/2002 $254.50 http://currency.ha.com/common/view_item.ph...1503&src=pr Singapore, MI- The Bank of Singapore $3 Dec. 25, 1837 G6 Bowen 3 A very attractive $3 note which is the Haxby plate example. Very Fine. 19/9/2002 $333.50 http://currency.ha.com/common/view_item.ph...1504&src=pr Singapore, MI- The Bank of Singapore $5 Dec. 25, 1837 G8 Bowen 4 A nice evenly circulated singed and issued example. Fine-Very Fine. 19/9/2002 $143.75 http://currency.ha.com/common/view_item.ph...1486&src=pr Singapore, MI- Bank of Singapore $5 Dec. 25, 1837 G8 Bowen 4 10/1/2002 A very scarce note from this long abandoned community. Fine, one corner tip off. $207
  2. Why not sell it and see? From the auction I didn't see much going to that level, even unique notes, seems like quite a premium for an AU
  3. It's worth a look through the realised prices now the auction is over http://www.spink.com/asp/fullCatalogue.asp...7&saletype= All I can say is I am happy not to be collecting this stuff. Soooooooo expensive. The 1925 $5 (as above) sold for S$4400
  4. I'm not sure if you want the folder, but there are plenty on ebay without folder, and some with: http://search.ebay.com/search/search.dll?s...ntrypage=search Looks like $25 is a fair price for notes w/o folder, judging by completed auction results, which is a little over face but not too bad
  5. Yeah I do worry about this. The 1948/1949 essay specimens I bought sold for $400, but at the previous auction they sold for $750, perhaps because nobody had seen them before. Who knows how many more exist? That said, the TDLR numbered specimens as above, are slightly more appealing because they say "SPECIMEN No. 16", and there are clearly a limited number in existence, because they are individually numbered.
  6. Yeah. There are some notes on ebay at the moment: http://search.ebay.com/search/search.dll?s...;sass=yacobe123 With the overprint 'SPECIMEN', yet to me they just look like issued notes that someone has stamped 'SPECIMEN' over. The one sold at SPINK yesterday http://www.spink.com/asp/fullCatalogue.asp...8&saletype= had serial 5A00000 25A00000 which is as you'd expect, zero serial number, first letter prefix; the ones on ebay have normal serial numbers - the 100 in particular has a three-letter serial, which I believe occurred later, after they'd worked through A-Z and AA-ZZ. Not one of the notes has a zero or special serial (though the 1958, 1968, 1975, 1977, 1982, 1992, notes; i.e. those other than the TDLR notes, have 'X' prefixes, i.e. replacement note). Are they all just faked? I can't see how they have any collector's appeal, as against those with zero serials.
  7. Hmm? I bought some 1948 and 1949 essay specimens: Not sure what you mean about printer chops?
  8. It is hard to find info on scarceness. I just received an invoice for $3105 from HR Harmer for unissued Essay Specimens that I purchased in their sale. They are not the most attractive of issues, but are quite historic, because they would have been issued by Indonesia upon independence except that the peace conference with The Netherlands in 1949 brokered that De Javasche Bank would remain as the central bank. I went to look at the Indonesian notes in the London Spink auction (I am not sure why they were not consigned to Singapore). They had a beautiful unissued specimen, the estimate was only £200-£300. I was prepared to go to £400-£450. This is the face: It is a large size note with a nice unique Wayang scene on the reverse. It had undeclared surface damage which I saw on inspection. It was also miscatalogued as the less desirable (issued) 1000 rupiah , so I did not raise it with them, as I was hoping that the misdescription would keep the price down. Unfortunately it went for £800 (=£960 with premium), which wasn't a price I was willing to go to, mainly because I don't have the context to justify that price - previous auction sales, or data on the number of notes that survive (the note was numbered 'Specimen 25', but exactly how many survive is unclear). I noticed that the preceding Indian notes were attracting high bids (several thousands pounds) from Indian bidders, I believe that in a developing country like Indonesia, demand will only increase in the future. What sort of prices were you paying in the mid 80s? I.e for something that is now $2000, what was the price then?
  9. There are various young ladies on the 'Soekarno' series of notes: All cheap in UNC. grades Scarcer are the regional versions of the same; i.e. Borneo/Riau/Irian Barat Plus two 'Kartini' notes: 1952/1985: I have a few of most of these, except for the regional ones. Of course I have now found that there are watermark variations on the 10 rupiah , so I need to track that down as well:
  10. The catalogue is available. http://www.spink.com/auctions/pdf/8014pages.pdf There are a lot of Straits, Sarawak, Malaya and Borneo notes. Including an XF one of this note. The prices are huge...... It makes me wonder about investment notes. The Netherlands Indies notes are also highly priced, but Indonesia notes are still cheap. I am hoping improving economics will make my collection more valuable. You can still buy extremely rare (five pieces in existence) notes for around US$3,000. Merely scarce notes are only priced at $100 or so. How much did you pay for your notes originally see323, and when did you buy them?
  11. It does depend on the country of issue. Some rare notes do not sell, but anything from Singapore, Malaya, etc., seems to sell very well. Of course Singapore is probably not the best place to buy South East Asian money, if you want to buy at a low price. Here's a sale in USA of Indonesian money in 2005: http://www.stacksarchive.com/viewcat.php?a...;headinglevel=3 A set of Irian Barat 5rp, 10rp, and 100rp (all 3 notes in one lot) sold for $75, and a set of 4 * 100rp notes in condition from F+ to UNC sold for only $60. The previous year in Singapore, a note in only F+ condition sold for more money - $70 http://mavininternational.com/auction0411/CAT0801.HTM The 100rp currently fetches $500 and up on ebay in UNC condition. If you can buy notes away from the home market you may find less collector interest and hopefully a lower price.
  12. Last one sold for S$4200 (four times estimate), and only VF! http://www.spink.com/asp/fullCatalogue.asp...2&saletype=
  13. I am British and have been to Ulster. The implication from your post was that it was some kind of permanent warzone. It is certainly not 360 years of consuming civil war. People resent the common suggestion that it's just a place of bombs and terror. Do you have any references as to the extent of political graffiti on banknotes? I don't know the typical circulation of banknotes, but I would imagine much would circulate within defined areas which would be in most cases religiously homogeneous. Are there specific notes that failed particularly?
  14. I doubt the political situation has anything to do with it, it's not like Iraq with bombs falling on banks. Just lack of supply, excess demand
  15. I guess the issue is there are many more collectors than there were in the past. I buy a lot on ebay, and certain notes are in very high demand. I personally ONLY buy Indonesia money, but I check the past purchases of the other bidders, and they have varied tastes. Once a note is sold, it is 90% gone forever. Most collections probably won't ever be sold. So essentially that money is gone from availability. Most owners have no financial need to sell their money. So they won't And with high demand, eventually so much stuff is locked away in private collections, that the notes acquire scarcity and a high price. BTW, it's fun to note how quickly a collector grows to accept high prices. My first notes were under $1. Now I will pay up to about $150 for a single note - providing that is a fair price for the scarcity of the note. I'm not really up to spending $500-$1000 on notes yet though.
  16. Don't think they are rare at all. Logically it shouldn't be. It's just that there is high demand from all the countries where it was used. Plus the British/Queen collection gives it international appeal. Hence high prices relative to scarcity.
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