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Catalogue values vs actual prices

General Topics on Irish banknotes • Shows • Auctions • Prices
Series B notes
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Re: Where can I value my notes?

Post#1 » Thu Oct 05, 2017 3:12 pm

Mac, in the catalogue of note valuations, it says a one pound note from 1984 in UNC is worth 20 euro, and the minimum UNC price is 17 euro. Is the catalogue incorrect?

That is, minimum UNC price for all dates is 17 euro.



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Mac
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Catalogue values vs actual prices

Post#2 » Sun Oct 08, 2017 11:09 am

Those prices are a bit high. Which catalogue are you using?

Are the catalogues accurate then, and how accurate are they?
When a glut of something turns up, prices fall. When items are thin on the ground prices then to rise.
Discuss :)



Series B notes
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Re: Catalogue values vs actual prices

Post#3 » Sun Oct 08, 2017 1:38 pm

I am using "Standard Catalogue Of World Paper Money". Prices in it are in USD.



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Mac
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Re: Catalogue values vs actual prices

Post#4 » Sun Oct 08, 2017 8:55 pm

SCWPM is a good general catalogue for world notes, and the Irish section has been improved a lot over the past few editions. All catalogue valuations are approximate guidelines.

It would be great if I could get 17 Euro for a 1989 £1 note! In practice, as far as I can tell, they sell for less than that currently.



ThePloughman
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Re: Catalogue values vs actual prices

Post#5 » Sun Oct 08, 2017 9:54 pm

All the US world note dealers use Standard Catalog, cause it covers the whole world in one, er 3 volumes! Used to be one volume. It's ok, but if you're serious about a country, you need a specialized catalog.



Series B notes
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Re: Catalogue values vs actual prices

Post#6 » Mon Oct 09, 2017 2:01 pm

One pound notes in UNC are quite popular on eBay, selling out at 20 USD apiece.



Series B notes
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Re: Catalogue values vs actual prices

Post#7 » Tue Nov 07, 2017 1:06 am

What's more, do the catalogue prices indicate the true scarcity of replacement B series 50 pound notes in UNC? I doubt it. Only 2300 euro for 1982!



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Mac
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Re: Catalogue values vs actual prices

Post#8 » Wed Nov 08, 2017 11:12 pm

Series B notes wrote:What's more, do the catalogue prices indicate the true scarcity of replacement B series 50 pound notes in UNC? I doubt it. Only 2300 euro for 1982!

You're correct there. The catalogue values are based on what people are willing to pay for notes, as tested in auctions (mostly), rather than being a reflection of their rarity. Many items are very undervalued considering their rarity. 1982 B Series £50 KKK replacements are very rare indeed, and well undervalued. Perhaps not enough examples have turned up to generate an active market. It wold be interesting to see what one would fetch in a good numismatic auction.



ThePloughman
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Re: Catalogue values vs actual prices

Post#9 » Sun Nov 12, 2017 10:39 pm

I once saw a gVF grade KKK 1982 £50 on a dealer's list, two in sequence, about 20 years ago. I was way too slow to get one! Never seen another on offer.



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