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PostPosted: Thu Feb 14, 2008 8:29 pm 
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I'm looking forward to it. Thanks


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PostPosted: Fri Apr 04, 2008 8:32 pm 
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I just snagged the second (of 6) uniface Bank of Knoxville $5 proof notes off eBay. I'm pretty excited about that, but I'll be even more excited when it arrives and I can tuck it away with its brother. I would be especially exciting if they have matching cut marks (i.e. were sheet mates side-by-side before being separated).

- Greg


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PostPosted: Tue Apr 22, 2008 7:50 am 
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I just noticed that I failed to follow up after acquiring my latest eBay purchase.

Here are the side by side images of the two uniface Bank of Knoxville $5 notes I have:

The first one I got is the A position:
Image

The second is the B position:
Image

And here's the one with the OP:
Image


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PostPosted: Tue Apr 22, 2008 2:29 pm 
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Nice trio.

So was the cost ratio 21 to 6 for G8a to G8?

Bernie


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PostPosted: Tue Apr 22, 2008 2:32 pm 
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Sorry,
I meant 6 to 21 for G8a to G8.
Bernie


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PostPosted: Tue Apr 22, 2008 3:01 pm 
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Actually, I paid more for the G8a than for either of the G8s. Abouth 30% more.

- Greg


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PostPosted: Tue Apr 22, 2008 3:32 pm 
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So, one of the purposes of the proof database was to inform our auction bidding from the census!

Do your realizations indicate failure?

Is the red overprint more important (prettier?) than the census information?

Is the census more important when there are fewer than say 6 or 21 proofs available?

Or more likely, given a small sample and infrequent availability, it really depends on who is bidding against you at that particular auction and how much they really want the note? I certainly bid much more aggressively when I "need" a note for an exhibit.

Will the data base actually be more useful to dealers/investors who resell than for collectors? Probably no one who bid against you knew that there were 21 proofs (a relatively large number) available with the red OP.

So will the existence of this new data base change bidding practices?

Bernie


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PostPosted: Tue Apr 22, 2008 4:39 pm 
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The census information doesn't directly pertain to each purchase decision, but could well inform some that were more impulsive. For example, knowing that there are 30 of the Orange Bank proofs out there would have been useful in letting me predict that if I let that note slide in the Harmer auction I would very likely see it again at some other point in time. Today that note is available from a respected currency dealer for about half what I paid at auction.

Knowledge is useful.

But there are also times when I have been lucky in the absence of knowledge.

In the balance, I much prefer to be well informed than to rely on luck. I suscribe to the old notion that chance favors the prepared mind. :)

- Greg


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PostPosted: Tue Apr 22, 2008 5:00 pm 
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So did you know the census of G8a when you bought it about a year ago?

Bernie


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PostPosted: Tue Apr 22, 2008 6:07 pm 
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No. It was one of my first purchases.


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PostPosted: Wed May 07, 2008 4:59 pm 
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I presume you know about the Early American auction coming up?
It has several notes from TN including 3 proofs.

Bernie


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PostPosted: Wed May 07, 2008 5:31 pm 
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No, I must have missed that announcement.


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PostPosted: Wed May 07, 2008 5:39 pm 
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I see it now... even a Bank of Knoxville $5 with OP, of all things... and graded yet. Who gets proof notes graded? And did you notice the PCGS grading label says "Bank of Morgan"????? HUH???

By the way, somrthing is amiss with tha Chattaanooga proof.


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PostPosted: Wed May 07, 2008 5:46 pm 
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I just noticed this interesting comment about the Bank of Knoxville note:

Quote:
A very rare type prior to the ABN sale.


That suggests even what we recorded from Christie;'s may not be a complete census of the types released by Christie's.


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PostPosted: Wed May 07, 2008 10:24 pm 
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So what distinguishes the Bank of Knoxville note from the Christie notes?
How do they know it is pre-Christie?
Might be worth an email to Early American.

Bernie


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