Tuesday, August 25, 2009

1953 $10 QUEEN ELIZABETH MALAYA in AEF CONDITION


From the above chart, I think that this banknote is totally over-supply. Most of the catalogu prices and auction prices were below the trendlines. Maybe, we need more time to get this $10 notes to be "fully absorbed" by collectors as many are still in the hands of the traders. But look carefully on the VF. It is very near to the trendline. My only explanation to this is many new buyers have entered to buy this banknote at lower grade... possible the lower end buyers. High profile buyers seem to be shy away,.. possible that they are still collecting the UNC "quietly).

But the good news to this scenario is to buy UNC (or at least AUNC) since it is still cheap.