Tuesday, August 25, 2009

1909 $1 STRAITS SETTLEMENTS "THE CRYING BANKNOTE" IN ???? CONDITION




This is the RAREST 1909 $1 STRAITS SETTLEMENT BANKNOTE IN ( I REALLY DON'T KNOW HOW TO GRADE THIS NOTE) CONDITION.

IT IS TOTALLY ORIGINAL WITH NO WASHING ( WASHING??? ARE YOU SERIOUS???... I DON'T DARE TO TOUCH IT).

IT SHOULDN'T BE GRADED AS POOR BECAUSE IT IS ACTUALLY ABOUT aUNC CONDITION BUT THE TORN WAS NOT DUE TO WEAR AND TEAR USAGE BUT SOME WISE TERMITES WERE HAVING A TOO-GOOD TIME PARTYING AND HAD A GOOD SUPPER ON THIS BANKNOTE.


SERIOUSLY SPEAKING, IT SHOULD BE GRADED AS "NET" AU BUT WITH REMARKS. ANYWAY, IF ANY OF YOU KNOW HOW TO GRADE THIS NOTE, PLEASE ADVISE. OTHERWISE, I HAVE TO SEND TO PMG FOR GRADING.

THIS 1909 $1 NOTE IN UNC CONDITION IS CATEGORIED AS RM19,000 IN 2007!!! THAT IS WHY I AM CALLING THIS BANKNOTE AS " THE CRYING NOTE"!!!

I think this banknote was grossly underpriced during the Spink Auction in 2008 when an EF was dione at only RM9,000 which the catalogue is RM14,000. The trendlines have shown that breakout occured in 2000 and again in 2006.