jackli Posted August 25, 2012 Report Share Posted August 25, 2012 Hi, I'm new to this forum and created an account to specifically ask this question. Recently we opened my grandmother's safe and found 2 complete stacks of 100 running order $100 Orchid series Singapore notes in uncirculated condition. Can anyone give an estimate of its value? Thank you. Quote Link to comment Share on other sites More sharing options...
ccg Posted August 25, 2012 Report Share Posted August 25, 2012 I'd suggest you talk to someone at an East Asian auction house, e.g. Mavin of Singapore (mavininternational.com) or Champion of Hong Kong (www.cghka.com/english/) Quote Link to comment Share on other sites More sharing options...
gxseries Posted August 25, 2012 Report Share Posted August 25, 2012 Holy !@#$%^ @ 2 stacks of 100 dollar Orchard notes. That's almost unheard of. Yes, take ccg's recommendation - it's going to be a fair amount of money since they are all in UNC condition. Wow. Quote Link to comment Share on other sites More sharing options...
Balaji Murthy Posted August 25, 2012 Report Share Posted August 25, 2012 I agree with the recommendation above, especially since Mavin are the official MAS auctioneers as well. Good luck. Quote Link to comment Share on other sites More sharing options...
thedeadpoint Posted August 26, 2012 Report Share Posted August 26, 2012 Anyone tell me what the appx value could be? Quote Link to comment Share on other sites More sharing options...
DreamFLight911 Posted August 26, 2012 Report Share Posted August 26, 2012 I'd find some white gloves and HANDLE with care There are 4 Different types for the Orchid Series This is from Standard Catalog of World Currency of Modern Issues A) Without red seal. Signature Lim Kim San - 1967 $400 B ) Red signature Type 1 at center. Signature Dr. Goh Keng Swee - 1970 $2000 C) With out red seal. Signature Hon Sui Sen - 1972 $400 D) Red signature seal Type 2 at center. Signature Hon Sui Sen - 1973 $250 just a guess on a value i have 1 my self but it's only worth face value Quote Link to comment Share on other sites More sharing options...
rbethea Posted August 27, 2012 Report Share Posted August 27, 2012 Disclaimer: I do NOT own a 100 orchid note. I would suggest contacting Mavin or maybe someone like John Pettit (he's out of Sydney, Australia) who can, at the very least, put you in contact with a Singapore expert. My first inclination is that IF you sell them, sell them as a group or two groups, one for each stack. Reason being that if you try to piecemeal them out 1 by 1 you could single-handedly destroy the market for these notes - that would be bad for you and bad for anyone who has invested in them. If you break them up I wouldn't be surprised if you only get a fraction of the quoted values each because you will have just made the population much larger than previously known, unless you do it over a very long period of time (like, 10 years or more because you have so many). This happened to the Swiss 1000 and 500 franc notes from the '70s at Memphis a few years back - guy had hundreds of them and wanted full retail - didn't sell a single one at that price. If you sell them as a group I suspect that you will make more but it won't be in the range of $400 or $250 x 200 - unless you have the Swee notes - then you could be talking serious, serious cash. I could be wrong about all this but that's what my gut is telling me. Quote Link to comment Share on other sites More sharing options...
jackli Posted August 30, 2012 Author Report Share Posted August 30, 2012 Thanks guys. Turns out the first stack is missing 3 notes, 01, 99 and 00 while the second stack is missing 5 notes, interspersed throughout. Sorry for the trouble. Guess its only worth selling as individual notes now, Quote Link to comment Share on other sites More sharing options...
Balaji Murthy Posted August 30, 2012 Report Share Posted August 30, 2012 Actually, I think rbethea's advise is sound and still holds true. If I were a collector of straps or stacks, I would still take a nearly intact one, especially, if that stack is reasonably uncommon. Quote Link to comment Share on other sites More sharing options...
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