How do you use the Charlton paper money guide?
Posted: Mon Jun 27, 2022 11:35 am
If someone is selling anything, they are free to ask whatever price they feel the item is worth, including coins and bills. I have seen people use the Charlton banknote guide and the grading on the bill to assess a price, and I sometimes would do it differently - or value it differently if I was considering buying (I buy and don't sell...yet). The Charlton guides had been on my dad's bookshelves when I was growing up, and maybe we were always just more conservative than others. Again this is not about the price anyone specifically has asked or will ask - good on them if they can get everything they want. The question I have is a question on interpretation of the Charlton pricing in the banknote guide, and how others use the guide. Although you could apply the rationale you use with the coin guide too, given spacing between numbers, eg. MS 62 vs MS 64 for an MS 63 coin.
In the Charlton paper money guide, it lists prices for circulated, then seems to lump UNC, ChUNC, & GEMUNC.
My understanding was that in the banknote guide, which does not contain grade numbering like that used in the coin guide, UNC would be an average (or even top) value for anything UNC, so 60-62 (62). In the same manner, ChUNC would be an average for 63-64 (64), and GemUNC would be the average price for anything 65-70, but since it is usually 65-68 top could be 67 or 68ish. There is no category of something like SuperbGem in guides, although grades do come in with that and anything at a 70 seems to be owner valued (the ones on ebay seem to be priced about 100X price of a GUNC 67 on CaC for example). When you as a buyer or seller, which may have you looking at it differently, look at the banknote guide and see a value for UNC, CUNC, or GUNC, what grading do you assume is associated with that label? or is it an average? pipe-dream best value?
Thinking this theme might be good for people that just get referred to the guides too. And also why I put it in this category in the discussion themes.
In the Charlton paper money guide, it lists prices for circulated, then seems to lump UNC, ChUNC, & GEMUNC.
My understanding was that in the banknote guide, which does not contain grade numbering like that used in the coin guide, UNC would be an average (or even top) value for anything UNC, so 60-62 (62). In the same manner, ChUNC would be an average for 63-64 (64), and GemUNC would be the average price for anything 65-70, but since it is usually 65-68 top could be 67 or 68ish. There is no category of something like SuperbGem in guides, although grades do come in with that and anything at a 70 seems to be owner valued (the ones on ebay seem to be priced about 100X price of a GUNC 67 on CaC for example). When you as a buyer or seller, which may have you looking at it differently, look at the banknote guide and see a value for UNC, CUNC, or GUNC, what grading do you assume is associated with that label? or is it an average? pipe-dream best value?
Thinking this theme might be good for people that just get referred to the guides too. And also why I put it in this category in the discussion themes.