1902 5 dollar note

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1902 5 dollar note

Postby daviscfad » Fri Mar 15, 2013 9:10 pm

http://i45.tinypic.com/1o7o68.jpg
http://i46.tinypic.com/2uzqwqs.jpg

So I inherited this note, have no cool story on how I got it, but I do. 3 or 4 years ago I submitted pictures to heritage, "an online auction company" and they offered 500. I thought something was up, b/c most notes like this sell for 100. So 2 years ago I did the same thing. Submitted it again, and heritage offered 850. So I knew something was really up. Again, I threw it in the safe and at the fun show this year I thought I need to submit it to pcgs paper money. I didn't have it with me so I said the next big show pcgs is at I am going to submit it. So I am at the Baltimore coin show this weekend, and submitted the note yesterday. I got it back this afternoon and it graded vf25 minor stains. I stopped by a dealer friend "ken Byrd" really nice trust worthy guy. He looks at it for two seconds and says you got a special note spencer! He said if I auctioned it right now it would go for probably 2-3000. He said the Lawrenceville bank got flooded so the notes are hard to find in the condition mine is in or better. He said they usually have a lot of stains. He recommended that I hold onto it, until the market came back. He said in a hot market this note could go for 6 grand. So just thought I would share a cool story. Also Lawrenceville VA is about 30 mins from my house so It was probably picked up from the bank
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Re: 1902 5 dollar note

Postby daviscfad » Fri Mar 15, 2013 9:14 pm

Spencer Davis

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Re: 1902 5 dollar note

Postby spacemanX » Fri Mar 15, 2013 9:18 pm

cool, thanks for sharing
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Re: 1902 5 dollar note

Postby twentybux » Sat Mar 16, 2013 7:51 am

Wow! Nice!
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Re: 1902 5 dollar note

Postby scyther » Sun Mar 17, 2013 4:53 am

Cool, never thought a $5 bill would be worth that much. But this should go in the paper money section.
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Re: 1902 5 dollar note

Postby daviscfad » Sun Mar 17, 2013 7:27 am

scyther wrote:Cool, never thought a $5 bill would be worth that much. But this should go in the paper money section.



Well I was actually with a mod when I posted it and they told me it didn't matter since technically it said world bank notes not US
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Re: 1902 5 dollar note

Postby fasteddy » Sun Mar 17, 2013 10:03 am

Super "vf" note Spencer...hang on till its time to share with someone else....And dude this is funny....
scyther wrote:But this should go in the paper money section
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Re: 1902 5 dollar note

Postby Rodebaugh » Sun Mar 17, 2013 10:52 am

Nice note spence and very cool story.
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Re: 1902 5 dollar note

Postby slickeast » Sun Mar 17, 2013 1:46 pm

I bet you are glad you didn't buy a $5 footlong sub with it.
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Re: 1902 5 dollar note

Postby Morsecode » Wed Mar 20, 2013 6:14 pm

Really cool :thumbup:
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Re: 1902 5 dollar note

Postby OneBiteAtATime » Wed Mar 20, 2013 7:17 pm

Neat story!
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