Australian-Coins Forum

Australian Coins, Banknotes and Exonumia => Australian Banknotes => Topic started by: Cruzi on October 24, 2013, 10:57:34 AM

Title: Sequential Number runs $50
Post by: Cruzi on October 24, 2013, 10:57:34 AM
My brother has found 2 runs of sequential $50 notes.

Both are 2010,

Prefix CJ has a run of 10

Prefix CM has a run of 15

They seem new to him, they are still pretty rigid he says.

Are these worth much over face, its it worthwhile breaking into smaller lots or keeping the sequence whole.

Thanks in Advance.
Title: RE: Sequential Number runs $50
Post by: MobOfRoos on October 24, 2013, 09:25:21 PM
Quote from: 'Cruzi' pid='32078' dateline='1382574454'My brother has found 2 runs of sequential $50 notes.

Both are 2010,

Prefix CJ has a run of 10

Prefix CM has a run of 15

They seem new to him, they are still pretty rigid he says.

Are these worth much over face, its it worthwhile breaking into smaller lots or keeping the sequence whole.

Thanks in Advance.

Hi Cruzi,
Unfortunately they really arn't worth anything over face value.
It is quite common to get them that way out of an ATM. In fact I'm guessing that is how your brother got them.

From what I have seen consecutive notes only really add value when they are predecimals.
Title: RE: Sequential Number runs $50
Post by: Cruzi on October 24, 2013, 10:50:23 PM
No worries, will pass on the news to him.

Thanks.
Title: RE: Sequential Number runs $50
Post by: ausjack on October 24, 2013, 10:52:30 PM
:i_agree: with roo, you'll hold them for a long time before they gain :(
Title: RE: Sequential Number runs $50
Post by: tigergirl on December 29, 2013, 04:30:35 PM
I have a few "sets" of these as well. Say I did hang onto them. What grade would they be? aUNC or UNC? Or just EF? No marks on them whatsoever. They did come out of the ATM in bunches but haven't been folded or used in any way at all. Apart from the ATM operator putting them in the machine, I'm the first recipient of these notes. Went straight from my purse to my coin/note folder. Could they be loosly classified as uncirculated?

AG08
BF06
MA09 - only received these a day or so ago.
Title: RE: Sequential Number runs $50
Post by: Fulvio on December 29, 2013, 09:10:19 PM
Quote from: 'tigergirl' pid='38342' dateline='1388296835'Could they be loosly classified as uncirculated?

Yep. CFU - Crisp, Flat, Uncirculated. Most notes out of ATM's are like this, as they feed them bundles. Notes from banks however tend to have teller flicks, and would grade aUNC or worse.
Title: RE: Sequential Number runs $50
Post by: tigergirl on December 29, 2013, 09:32:55 PM
So according to the McDonalds guide 2014 for the above notes (BF06 for example) for General Dated prefixes for 2006:

Fine --> $50
VF --> $50
EF --> $50
aUNC --> $60
UNC --> $120

So the notes that I have would be worth $120 each? If so, then it kinda disproves the comments above about holding onto them or am I misreading the guide? My notes have no teller flicks, tears or creases/folds and are as crisp & flat the day they were printed. They still have the new money smell to them.
Title: RE: Sequential Number runs $50
Post by: Nevol on December 29, 2013, 09:59:17 PM
Maccas Catalogue value is only a guide, it's unlikely that you'd get those prices if/when you sold them, particularly if they are just run of the mill serials.

The ones you would get better prices for are first and last serials, RADAR's, and a few other types of collectible serials.
Title: RE: Sequential Number runs $50
Post by: Fulvio on December 29, 2013, 10:27:44 PM
Quote from: 'Nevol' pid='38374' dateline='1388316557'it's unlikely that you'd get those prices

:agreed: supply most definitely outstrips demand for decimal notes, especially polymers. Catalogue prices might be what dealers try and charge, but there's no way we mere mortals are ever going to get that.

That said, I tend to hoard radars, repeaters, first/last prefixes and any CFU notes I come across. not because I expect them to ever be worth a premium, but because I like them. If push came to shove, I'd likely only ever get face value for most of them.

Of course the other side of that coin is that I'd never pay above face for them either. :dodgy:
Title: RE: Sequential Number runs $50
Post by: enworb on December 29, 2013, 10:29:25 PM
The prices in maccas for decimal notes is way way off. Id be spending an UNC 2006 note if it were me.
Title: RE: Sequential Number runs $50
Post by: Nevol on December 30, 2013, 08:20:55 AM
I recently got 2 lots of 3 Unc 2012 $5 from the self serve checkout at Woolies and have spent all of them as the serials were just run of the mill.
Title: RE: Sequential Number runs $50
Post by: tigergirl on December 30, 2013, 12:01:38 PM
Yes, I get that the serials that I have are run of the mill and probably not worth anything except face vaule right now. :agreed:

I wonder if that was said when the old pound notes where printed way back then too. lol Yeah I know the qty's printed were small compared to what they are today. Everything is relative I guess. :)
Title: RE: Sequential Number runs $50
Post by: Fulvio on December 30, 2013, 03:59:07 PM
Quote from: 'tigergirl' pid='38426' dateline='1388367098'I wonder if that was said when the old pound notes where printed way back then too.

Absolutely. It all comes down to supply and demand though. If you're going to stash common stuff away for more than half a century on the offchance it will become desirable, well... honestly there are better places to put your money.

We really have to differentiate our collections, which require one of a given item, from hoards intended to be disposed of at a profit.

Me, I'd rather turn that lazy cash into sacks of coins to noodle, because I know I'm going to find treasures in every single sack. Can't say the same about my notes, even the more valuable ones. So a $100 test note is worth $200... great. But $100 of $1 keepers is likely to be worth double that, and can be disposed of individually. Much better value, IMO.
Title: RE: Sequential Number runs $50
Post by: tigergirl on January 01, 2014, 06:30:30 PM
Yeah I know... :dead_horse:

I just find it hard to spend new notes and the new shiny coins you get in change. Eventually I'll spend 'em tho. Hopefully it will be on other coins rather than bills... lol :biggrin:
Title: RE: Sequential Number runs $50
Post by: Fulvio on January 01, 2014, 09:34:26 PM
:agreed: