Unexpected bonus from bulk lot

I got a bulk lot of coins and there was one little banknote in it. It was a 1960 1 Yi Jiao note from China. I don't know anything about banknote values so I just listed it for $1 to get rid of it. I was absolutely blown away when it sold for over $120

https://www.trademe.co.nz/Browse/Listing.aspx?id=1752462936

I guess I'll have to pay more attention to banknotes next time I get a bulk lot!!

wow! maybe i should buy the one i found for $0.01 then..

This was taken out of a 2008 copy of SC WPM ..

still, the catalogue value and the market value are rarely the same..and his note was far from unc..

2014 edition

but banknotes lose grades very fast and I wouldn't call Neil's specimen VF but good for him, money has to lay in the streets down under

I coudn't understand it myself, I was listing some coins for sale and all of a sudden it was telling me my account was in the negative and I had to top it up to be able to list my lot. I was sure I had money in there and went to check and voila, one big success fee had been taken out

I've got a 1939 Syrian 1 Livre note for sale that I got in a second bulk lot, let's see what that bad boy gets me

Quote: "neilithicman"​I coudn't understand it myself, I was listing some coins for sale and all of a sudden it was telling me my account was in the negative and I had to top it up to be able to list my lot. I was sure I had money in there and went to check and voila, one big success fee had been taken out
​
​I've got a 1939 Syrian 1 Livre note for sale that I got in a second bulk lot, let's see what that bad boy gets me

​hahaha! don't get too cocky now, mate

Ha!

I was happy to get anything for them. I got plenty out of the bulk lot and made my money back by re-selling the rest, anything else is gravy. But it looks like people like paying stupid amounts on banknotes over here, so if anyone wants to send me their crappy banknotes I'll turn them into gold for you

Quote: "neilithicman"[...] so if anyone wants to send me their crappy banknotes I'll turn them into gold for you

​two packaging boxes are on the way!

Quote: "ngdawa"​still, the catalogue value and the market value are rarely the same..and his note was far from unc..

​Looking at the link it looks like two bidders raised the note's final price by "duelling" each other.

That kind of thing can usually be attributed to either ego or stubbornness (or perhaps some combination of both). I mean one of them's going to win a pyrrhic victory, and I'd rather be the one who lost and kept their money, than the one who won and gets to pay a hefty premium.

Quote: "CassTaylor"​

Quote: "ngdawa"​still, the catalogue value and the market value are rarely the same..and his note was far from unc..

​​Looking at the link it looks like two bidders raised the note's final price by "duelling" each other.
​
​That kind of thing can usually be attributed to either ego or stubbornness (or perhaps some combination of both). I mean one of them's going to win a pyrrhic victory, and I'd rather be the one who lost and kept their money, than the one who won and gets to pay a hefty premium.

​Pretty much.

I had one girl that bought some Asian coins off me and was going to bid on that note. She contacted me to pay for the coins and said she was sorry she didn't get the note. I told her she should be lucky she didn't get it because it went for stupid money

I've seen a few auctions go for stupid money before, but usually they're things that have been hyped in the media. Like a decade or so ago a couple of All Blacks (Our national rugby players) got into a fight with each other in a bar and one of them grabbed a woman's handbag and smacked the other one with it. The woman put the bag up for sale and it went for $10,000 because it was all over the news. I'm guessing the bag is probably worth about $100 now.

Wow! You are truly lucky... This has happened to me as well... This hobby always has some sweet surprises in store... cheers!

Unexpected bonus from coin shop "Foreign Money" for $1 each: Costa Rica Replacement note


Really unexpected from dealer $1 "junk box"; I had to send it for grading.

this type in UNC condition sells $400 ~ $1000+ in China, depending on variety and wether with PMG grading