Australian-Coins Forum

Australian Coins, Banknotes and Exonumia => Australian Banknotes => Topic started by: coxspau on August 11, 2014, 04:21:20 PM

Title: Noodling for Notes
Post by: coxspau on August 11, 2014, 04:21:20 PM
For some reason, I have some random holes in my collection.

After realising I'm missing a few notes from the mid 90s and the past 5 years, I was wondering whether anyone ever noodled through notes for First/Last Prefixes, radars, solids, etc.....

I don't have a large base of capital to commit to a noodling fund, but all the same, I was wondering if anyone has tried it and whether they had any luck?
Title: RE: Noodling for Notes
Post by: Ozcoins on August 11, 2014, 05:56:04 PM
Goatieman certainly did look through notes.  
I check notes I come across for any interesting numbers,  but not for prefixes.
Title: RE: Noodling for Notes
Post by: Goldseeker on August 11, 2014, 06:09:09 PM
I have just this afternoon found I have in my possession a First prefix "AA" $100.00 note for year 2011.

If anyone wants it is has been lightly folded and no serious creases.
Title: RE: Noodling for Notes
Post by: keldaw on August 11, 2014, 06:17:35 PM
hi coxspau , yes mate , I check every note I handle before I pass it on .
 some of my more popular numbers are .

 100.00   HE 96 010-081 / test note  AY 96 947-398 / HE 99 553-355.

   50.00   AA 99 591-799 / AA 99 830-550 / CA 10 555-558 /
              DC 07 222-999 / AA 08 903-758 /

   20.00   AA 06 000066 /  AA 07 527-628 / JC 07 365-117 /
              AA 06 291-675 / AA 07 593-879 / DL 07 888-388 /

   10.00   AA 06 288-204 /

    05.00  BA 05 696-696 / BA 07 871-240 / PDU 250-232 /

      ALL  radars - first or last prefix or special numbers ..
                                   
                                            ,, kel ,,
Title: RE: Noodling for Notes
Post by: serial on August 11, 2014, 07:53:22 PM
Lets say I have a chance to sit in a bank vault and noodle every note they have. What should I look for?
Title: RE: Noodling for Notes
Post by: robbiegal on August 11, 2014, 09:09:16 PM
look for Kel cause he knows what to look for!
Title: RE: Noodling for Notes
Post by: ausjack on August 11, 2014, 09:20:39 PM
:mocking: pay that RG, but yeah that's getting like what to look for in coins but that depends on what you like to collect, eg I collect everything and anything but some only stick to a certain thing like 50 cent or $1 so it's up to the individual but things are down and notes have taken a HUGE hit in recent years and an eg of that is the VG95 $50 as it's really dropped if you look at ebay completed listings so here's just a super quick search to show you.
http://www.ebay.com.au/sch/i.html?_nkw=VG95+%2450+note&_in_kw=1&_ex_kw=&_sacat=0&LH_Complete=1&_udlo=&_udhi=&_samilow=&_samihi=&_sadis=10&_fpos=&LH_SALE_CURRENCY=0&_sop=2&_dmd=1&_ipg=50
Title: RE: Noodling for Notes
Post by: interest on August 11, 2014, 11:44:36 PM
Quote from: 'serial' pid='56738' dateline='1407752602'Lets say I have a chance to sit in a bank vault and noodle every note they have. What should I look for?
A big bag!
Title: RE: Noodling for Notes
Post by: Nevol on August 12, 2014, 07:23:11 AM
Quote from: 'serial' pid='56738' dateline='1407752602'Lets say I have a chance to sit in a bank vault and noodle every note they have. What should I look for?
Not necessarily in this order:

First Serial Nos
Last Serial Nos
6 Digit RADAR's 123321
8 Digit RADAR's  05 588550
Repeaters  (3 digit) 123123, (2 digit) 232323 Not really much interest in these AFAIK
Red Serials
Test Notes
Older Notes with Commonwealth of Australia on them
My personal favourites used to be RADAR Repeaters eg. 131131
2001 $5 Notes (Henry Parkes)
1993 Grey Dobell
1993 Blue Dobell
Title: RE: Noodling for Notes
Post by: JeffH on August 12, 2014, 08:19:12 AM
Star notes -good luck required here.
Title: RE: Noodling for Notes
Post by: ausjack on August 12, 2014, 08:40:12 AM
Gee Kel was trying to sell some not long ago and no one wanted them :(
Title: RE: Noodling for Notes
Post by: coxspau on August 12, 2014, 09:02:45 AM
I usual check what passes through my hands, but haven't got a large amount of a single denomination from a teller for noodling. Given my gaps, I might start.

You've got some nice finds there, Kel. If I'm half as lucky, then I'll be satisfied.

I do struggle to tell the difference between the blue and grey dobells especially in the notes of deteriorated condition.

Regarding keeping notes from noodling attempts, what are the general views regarding condition? I'm assuming that special serial numbers are sought after in most conditions, but first/last prefixes....not so sure about the value of a first prefix which has some serious folds.

My local branches have dried up in terms of mutes. Alas, still no mute star, but one can always hope.

AJ, interesting search on Ebay. Didn't know you could do that function on Ebay.

The note market is certainly different to the coin market, although with the current RAM tsunami of decimals showing no sign of abating, it is hard to put a finger on a reasonable area of investment/collecting in the current decimal environment that is stable and doesn't cost you two arms and four legs to maintain.

^^ slightly off topic, may require a new thread.
Title: RE: Noodling for Notes
Post by: coxspau on August 12, 2014, 12:13:25 PM
After popping down to the bank and liquidating $1000 into $5 notes, the first note examined was CJ05 214 412 in fine condition.

My first radar! Yay! Now to look through the remaining 199 notes.
Title: RE: Noodling for Notes
Post by: Nevol on August 12, 2014, 12:39:52 PM
Well done coxspau, I hope you find some more keepers. :good:
Title: RE: Noodling for Notes
Post by: serial on August 12, 2014, 04:40:54 PM
I am going tomorrow so hopefully I will find something good
Title: RE: Noodling for Notes
Post by: ausjack on August 12, 2014, 04:46:47 PM
well done coxspau and good luck serial :good:
Title: RE: Noodling for Notes
Post by: Ozcoins on August 13, 2014, 08:08:11 AM
Good luck serial
Title: RE: Noodling for Notes
Post by: coxspau on August 13, 2014, 11:20:47 AM
After finding a radar on my first note, I found nothing else throughout the remainder. Such is the life of a Noodler!
Title: RE: Noodling for Notes
Post by: Nevol on August 13, 2014, 11:35:46 AM
Quote from: 'coxspau' pid='56878' dateline='1407894647'After finding a radar on my first note, I found nothing else throughout the remainder. Such is the life of a Noodler!
Never mind, better luck next time. :winkextra:
Title: RE: Noodling for Notes
Post by: serial on August 13, 2014, 12:31:39 PM
I just got a 10k bundle of aa 2011 in consecutive $100 notes that I sent back anyone want some?
Title: RE: Noodling for Notes
Post by: serial on August 13, 2014, 05:07:43 PM
So after $300k + I burnt out and called it a day. Only managed to get through the 50, 100 and some 10s. Got some nice notes and will post up serials later
Title: RE: Noodling for Notes
Post by: keldaw on August 13, 2014, 06:03:27 PM
serial  , don't work on them too hard , no body wants them  ., even at face value I only got rid of 2 of my lots .the other lots I never got a offer , not even f/v   ..

 $ 1.00 notes

 $ 10 notes from 1988  they are the only lot that anybody wanted ,

    so I hope you have better luck then me   ..    ,, kel ,,
Title: RE: Noodling for Notes
Post by: JeffH on August 13, 2014, 06:12:16 PM
My experience with quite a few good $5 and $100 paper notes from a cash-in at the bank (went through around $5k and only picked the best ones) is that there is little demand for them. Selling some on eBay I mostly received enough premium on face to almost pay the fees. I ended up cashing them back in so they could be returned for shredding/incineration. I could not afford to keep them.

My conclusion was that high face value notes are not popular because of the amount of money you have to tie up just to cover the tender amount.
Slightly different situation to Kel but sinilar sort of end result.
Title: RE: Noodling for Notes
Post by: serial on August 13, 2014, 09:00:09 PM
that's fine I am collection long term and am happy to let the money sit in the safety deposit box
Title: RE: Noodling for Notes
Post by: coxspau on August 13, 2014, 09:50:02 PM
For my collecting purposes, I have to agree with JeffH.

The $100 are way out of my price range and even the $50s are starting to get a little on the nose. Happy to squirrel the odd one or two away, but can't afford a year type collection.

serial, how did you get to noodle through $300k? That is some hardcore noodling. Hats off to you.
Title: RE: Noodling for Notes
Post by: serial on August 13, 2014, 10:43:33 PM
Quote from: 'coxspau' pid='56961' dateline='1407932402'For my collecting purposes, I have to agree with JeffH.

The $100 are way out of my price range and even the $50s are starting to get a little on the nose. Happy to squirrel the odd one or two away, but can't afford a year type collection.

serial, how did you get to noodle through $300k? That is some hardcore noodling. Hats off to you.
I spent half a day at the bank. I didn't do as much as I wanted but I have organised to go back for a whole day.
Title: RE: Noodling for Notes
Post by: coxspau on August 14, 2014, 08:04:46 AM
So how does that work? The bank lets you sit in their waiting area, noodling through bundles of notes which you exchange each time you've sorted through a pile? Sounds great, but would look a little odd. I haven't yet found a bank that is overly accommodating when I ask for large amounts of a single denomination. They often oblige, but I get the feeling they don't like doing it. The local bank here doesn't have a counting machine so they have to count each deposit/withdrawl by hand.
Title: RE: Noodling for Notes
Post by: keldaw on August 14, 2014, 08:23:00 AM
same here jeff , just what you say , so true ,

 the other reason is selling on ebay .
 
  if you sell one $ 100.00 note on ebay for $ 110.00 you make $ 10.00
profit , ok ebay take $ 10.00 for their cost , buyer pays by paypal , so you are out of profit straight away then you even pay extra on postage you charge the buyer , if you give free postage then you lose more by paying the postage yourself ..  how can you win . I now find that making out the for sale listing on ebay annoying to me .

  even test notes , radars and repeaters , are not worth the trouble , no body wants them anymore. ..       ,, kel ,,

even selling a  $ 20.00 note , if you get $ 25.00 for it , pay your fees
pack and post and then see what you are left with ..

 ebay don't just charge fees on the profit you make  , you even pay

 them $ 2.00 on your own $ 20.00 note , so you must get $ 22.00 at least to come out square , then start to make some profit after that ..
                      ,, kel ,,
Title: RE: Noodling for Notes
Post by: serial on August 14, 2014, 08:59:17 AM
Quote from: 'coxspau' pid='56988' dateline='1407969286'So how does that work? The bank lets you sit in their waiting area, noodling through bundles of notes which you exchange each time you've sorted through a pile? Sounds great, but would look a little odd. I haven't yet found a bank that is overly accommodating when I ask for large amounts of a single denomination. They often oblige, but I get the feeling they don't like doing it. The local bank here doesn't have a counting machine so they have to count each deposit/withdrawl by hand.
I cant go into to much details but its all secure where I am and essentially you are right. people have got to know me as a harmless weirdo and they accommodate me a bit more
I don't mind storing lots of notes in my safety deposit box my note collection is about long term gain
Title: RE: Noodling for Notes
Post by: Goldseeker on August 14, 2014, 05:30:44 PM
The only real noodling on noted I have done was when I withdrew $20k from the bank several weeks ago and looked at each note.
Title: RE: Noodling for Notes
Post by: coxspau on August 14, 2014, 09:01:55 PM
2nd round of $1k x $5 = a few BA08 and BA06, but F at best, so back into circulation they go.

Will try and get another batch of $5, but might be testing the patience of my tellers...and I'm using two different banks. I guess some banks don't have much of a tolerance for such activity.
Title: RE: Noodling for Notes
Post by: ausjack on August 14, 2014, 09:12:25 PM
try asking to get them in as that's what I had to do here except with coins as the bank is only a small branch so don't carry much change so if I get a bag it wipes them out so I ask a few days before if they can get me some and it hasn't been a problem  and you can only try :)
Title: RE: Noodling for Notes
Post by: serial on August 14, 2014, 09:50:23 PM
Be polite and honest. Be a regular customer and only see them when they are quiet. If someone gets short with you give the bank a miss for a couple of weeks. They may have just been having a bad day and will forget that they got annoyed with you. Try to identify the freindliest teller and learn their name,hobbies etc. Always remember to ask tthem about their day then hobby, family whatever they have told you about them. Take your time to get to know them and for them to get comfortable with you.
Title: RE: Noodling for Notes
Post by: Goose on August 15, 2014, 01:08:46 AM
Excellent advice serial! I've done that for a few yrs and it pays off. The tellers at the counter have 'change trays'.....cents, nickels, dimes,  quarters, and dollars in a tray. Every time I go in there I look at the tray and sometimes I see a 'bright' (silver) coin in the tray (the coins are stacked on their sides showing their edges). I ask for that coin and am presented with it. I only get about 3 or 4 silver coins a yr, but silver is silver.
Title: RE: Noodling for Notes
Post by: coxspau on August 15, 2014, 10:05:34 AM
I think part of the frustration from my local teller is that they have to individually count each note before handing it over.

I was going to reduce my burden by going in less frequently but for a higher quantity of notes. Not sure how that would play out.

Will head back in today and see what happens.
Title: RE: Noodling for Notes
Post by: czark on August 15, 2014, 04:52:34 PM
When I use to work at the ticket booth at the cinemas, I use to always look out for notes as they came in.  Over 3 years I picked up many NCLT coins and a few shillings, but the crisp notes were very rare to come by.
Title: RE: Noodling for Notes
Post by: ginkaku on March 04, 2015, 04:56:01 PM
We've gone back to paying cash for most things and always check our notes from the ATM. Picked up consecutive AA $50 last week but seems they're not worth so much anyway. ATM also spat out 10 consecutive $20 late on Melbourne Cup day but again might be hard to make a profit.