what do we got here I got a couple of
high-grade us large currency notes that
I've been collecting this is a 1918
series Federal Reserve Note and this is
a 500 1882 Gold note
whoa these are 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 change the
notes that I've got or considered to be
pretty rare
just like artwork but at some point you
just want to move on and find something
else to do I'm really looking for
$50,000 for the pair of notes $40,000 is
at least I have really willing to sell
them for yeah these are incredible thank
you there's probably less than a hundred
of each of them in the world I mean they
were shredded just like you know when we
have a bad one dollar bill today you
know it eventually ends up back at the
Federal Reserve and they shred the old
ones at pret new ones right this was
1882 first coal shortage at the Treasury
right around that time they issued a lot
of paper bills like this especially when
this one was made and 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 had carrying around gold coins and
the other advantage of this was if you
were traveling saying the stagecoach
somewhere and you were robbed you now
had a traceable document instead of some
gold coins in your pocket which were not
traceable at all it makes a 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 an even $50,000 for them
I want one of my friends come down 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 a
downer okay I'll be right back we have
here today you know to $500 bills that
he wants a lot of money for and the big
thing is is have they been processed and
what are they worth sure man take them
out of the holder sure these are
incredible items are not common by no
means I'll tell you right now my
favorite one out of both of these is
this 1918 500 features Chief Justice
John Marshall who essentially helped
create the Supreme Court to 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
the 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 alright well tell
me about these things sure this 1918 500
Federal Reserve Note this note looks
problem-free meaning has no tears rust
inks as definitely has never been
pressed it's got just light circulation
it's a 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 us get that
quite often now the 1882 500 gold
certificate this one concerns me this
has seen some restoration work quite
well the coroner's look like they've
been rebuilt at during that time was
probably washed lightly not too harsh
and would probably grade this in the via
very fine 22:25 range but it has been
restored and that affects value it's
absolutely up to about 30 to 40 percent
okay so what do you think they'll go for
individually I think an auction I would
expect the 1918 $500 Federal Reserve
Note to bring 20 to $30,000
and the 1882 500 all our 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 I appreciate it
anytime good luck you thank you for your
help if we can negotiate a deal
for these two notes in that price range
I think it's a very good by considering
the scarcity of them so what's the best
price we'll take form
well I'd like to get fifty thousand for
the two it
what do you seem like a reasonable
business man you know I'm not gonna pay
fifty thousand for something I might get
50 out of hey what can you do how about
40 there's no money at 40 37 no I'll go
35 I mean there's auction fees there's I
mean in the end it makes no sense for me
to give you a diet more than that oh you
got a deal sweet buns let's go up front
and I'll write you up these are cool the
offer of $35,000 is a little on the low
side but it's it's a fair offer and
right now I'm just gonna leave in the
bank account
you