Monday, August 24, 2009

1. STRAITS SETTLEMENT 1934 10 DOLLAR AEF CONDITION


This is a rare piece of the 1934 $10 in AEF condition. This banknote is original in nature (no chemical washing, pressing or done in any mean to improve its condition). No hole nor tear. The last Spink Auction done in Singapore in 2008 July, an Au condition was sold for US$10,800 , way above the catalogue price.

I also did this charting for the movement of this BNB banknotes from 1986 to earlier 2008 to potentially identify the movement of the pricing. You can note that the pricing on the available catalogues were grossly underpriced.Note the Breakouts on Point A and Point B ( Trendline for UNC and EF). What do these 2 points tell you??? Well, no more cheap UNC nor EF banknote for this $10. VF and F conditions for this note are still in their normal trendline movement until Year ???? but you can see that the prices for these 2 conditions still moving upward.


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