gxseries Posted November 5, 2008 Report Share Posted November 5, 2008 Yes I know it's usually a coin forum but someone might be able to explain this banknote final price to me: http://cgi.ebay.com/ws/eBayISAPI.dll?ViewI...em=310093079465 How does that work? I thought notes of 1995 were devalued by 1000 times so they are worth just 500 rubles in today's money? Or they weren't many released in the first place? Link to comment Share on other sites More sharing options...
STEVE MOULDING Posted November 5, 2008 Report Share Posted November 5, 2008 Yes I know it's usually a coin forum but someone might be able to explain this banknote final price to me: http://cgi.ebay.com/ws/eBayISAPI.dll?ViewI...em=310093079465 How does that work? I thought notes of 1995 were devalued by 1000 times so they are worth just 500 rubles in today's money? Or they weren't many released in the first place? Don't really have any idea as to why this sold as it did. However, a quick google does show these are supposedly 'scarce' and one was offered recently for around $300. So $1200 seems steep, but who knows. Maybe one of the paper-mavens can help. Link to comment Share on other sites More sharing options...
BKB Posted November 5, 2008 Report Share Posted November 5, 2008 Don't really have any idea as to why this sold as it did. However, a quick google does show these are supposedly 'scarce' and one was offered recently for around $300. So $1200 seems steep, but who knows. Maybe one of the paper-mavens can help. maybe someone did not hear about the default and simply did a currency conversion: 500,000 rubles = 20,000$ Some profit! Link to comment Share on other sites More sharing options...
grivna1726 Posted November 6, 2008 Report Share Posted November 6, 2008 maybe someone did not hear about the default and simply did a currency conversion: 500,000 rubles = 20,000$ Some profit! Are these still redeemable for current rouble notes, or have they been completely demonetized? Looking at the feedback of the buyer, he/she seems to be an active buyer of obsolete Russian & related notes, so this is possibly a collector rather than someone hoping for a fast profit in dollar exchange. I know nothing about these notes. This one was described as "UNC". Maybe they are hard to find in high grade? Link to comment Share on other sites More sharing options...
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