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  • What do we got here?

  • I got a couple of high grade US large currency notes that I've been collecting.

  • This is the 1918 Siri's Federal Reserve notes, and this is a $500.18 82 golden.

  • Whoa.

  • Um, these air a little bit more than just tie.

  • Great.

  • Especially this one right here.

  • The $500 gold certificate.

  • There's not a lot of these left in the world.

  • This was an incredible amount of money at the time.

  • I mean, this is a year or two salary for most people.

  • It would be very difficult to get changed.

  • The notes that I've got are considered be pretty rare, just like artwork.

  • But at some point, you just want to move on or find something else to dio of really looking for $50,000 for the pair of notes, $40,000 is the least I really willing to sell them for.

  • Yeah, these are incredible.

  • Thank you.

  • There's probably less than 100 of each of them in the world.

  • They were shredded, just like you know, when we have a bad $1 bill today, you know, eventually ends up back at the Federal Reserve and they shred the old ones in front do.

  • Once this was 18 82 there's a gold shortage at the Treasury.

  • Right around that time.

  • They showed a lot of paper bills like this, especially when this one was made when we still lived in a world where people really didn't want paper money because the paper money was just a receipt for gold.

  • But it had advantages.

  • First office, a lot less bulky than carrying around gold coins.

  • And the other advantage of this was if you were traveling saying the stage coach somewhere and you were robbed, you know, had a traceable document instead of some gold coins in your pocket which were not traceable.

  • It all makes good sense.

  • How much you want for these.

  • I'd like to get 33,000 for this note, and I'd like to get 17,000 for this note.

  • So I like to get even $50,000.

  • Okay, I want one of my friends coming out here and look at it, but he deals in this stuff almost exclusively.

  • Sure, they look real to me, but there's a lot of treatments people doing these things to make them look better.

  • Understand?

  • Okay, so hang out a few minutes and I'll get it down here, okay?

  • I'll be right back.

  • We have here today, you know, 2 $500 bills that he wants a lot of money for.

  • The big thing is, have they been processed in one of they worth?

  • Sure may take him out of the holder.

  • Sure.

  • These are incredible items.

  • They're not common.

  • By no means.

  • I'll tell you right now, my favorite one out of both of these airs this 1918 500 features Chief Justice John Marshall, who essentially helped create the Supreme Court be co equal to our government.

  • Pretty historical individual gold certificates were issued in a time where they were backed by gold because weight of gold was quite heavy.

  • Government issue paper currency to alleviate some of the stress of carrying it.

  • And it also allowed the government to keep some of their gold medals in the banks and have public debt carry certificates instead.

  • All right, well, tell me about these things.

  • Sure.

  • This 1918 500 Federal Reserve note this no looks problem free.

  • Meaning has no tears.

  • Rust thinks it's definitely has never impressed.

  • It's got just light circulation.

  • Really, really solid example.

  • And it would fall in the very fine 30 range.

  • This is a genuine, high valued example.

  • Can you and I disagree without being disagreeable?

  • Sure, I do think it grates higher than that between hot Get that quite often.

  • Get right off.

  • Now the 18 82 500 gold certificate.

  • This one concerns me.

  • Um, this has seen some restoration work quite well.

  • The corners look like they've been rebuilt.

  • That during that time was brainwashed lightly, Not too harsh and would probably great this in the Viet.

  • Very fine.

  • 20 to 25 range.

  • But it has been restored.

  • And that affects value it Absolutely.

  • Up to both.

  • 30 to 40%.

  • Okay, so what do you think they'll go for individually?

  • I think in auction, I would expect the 1918 $500 Federal Reserve note to bring 20 to $30,000 and the 18 82 $500 gold certificate.

  • Because of the grade and the restoration work in auction, I think one could expect to pay around $20,000.

  • Well, thanks, man.

  • Appreciate it anytime.

  • Good.

  • Thank you for your hope.

  • If we can negotiate a deal for these two notes in that price range, I think it's a very good bye, considering the scarcity of the So what's the best price will take for him?

  • Well, I'd like to get 50,000 for that, too.

  • Well, you seem like a reasonable businessman.

  • You know.

  • I'm not gonna pay 50,000 for something I might get 50 out of right?

  • What can you do?

  • I bet 40.

  • There's no money in 40 37.

  • No, we'll go 35.

  • There's auction fees.

  • There's in the end.

  • It makes no sense for me to give you a died.

  • More than that, you got a deal.

  • Sweet Ben, Let's go front and all right.

  • Job is cool.

  • The offer of $35,000 is a little bit low side, but it's it's a fair offer.

What do we got here?

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