Is there any market for rare banknotes?

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Fjon
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Is there any market for rare banknotes?

Post by Fjon » Fri Jul 31, 2009 2:52 pm

Today in the ATM I received an Irish 50 (K001), something I have not seem for many years. I was going to enter it in EBT and spend it, but considering this might be the last one of these I ever see I was wondering if it's worth something more than 50e.
What do you think? Put it on ebay or spend it?
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Re: Is there any market for rare banknotes?

Post by japh » Fri Jul 31, 2009 3:30 pm

Irish :note-50: are relatively rare. Out of 438 of these notes that I have entered this month 3 were K001-T so I would think they have no value other than their face value
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Re: Is there any market for rare banknotes?

Post by R/J » Fri Jul 31, 2009 4:26 pm

It also depends on the condition. I've seen people (trying to) sell old, UNC :note-20:s on auction sites, so you could always give it a try, if the condition is good.
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Re: Is there any market for rare banknotes?

Post by Elmo » Fri Jul 31, 2009 7:52 pm

There are certainly people who collect eurobills. You may wish to look at http://www.banknotesworld.com" onclick="window.open(this.href);return false; in the Euro forum. This website is in German, though (although many of the visitors speak English). Give it a try.
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Re: Is there any market for rare banknotes?

Post by Crazy Bob » Fri Jul 31, 2009 8:13 pm

I would think that there is a market for rare banknotes. However, they have to be really rare in order to have a big value to collectors. For example, Irish or Greek :note-500: notes will probably be worth (a lot) more than 500 euros.
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Re: Is there any market for rare banknotes?

Post by Dakkus » Sat Aug 01, 2009 1:50 pm

We have this EBT user called Senior, who might be interested in the note. Dunno if he's gotten it in his hands already.
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Re: Is there any market for rare banknotes?

Post by maarsy » Sat Aug 01, 2009 6:57 pm

and if u cant get rid of it if u go to the ebt meeting in vienna i can get u an UNC T Z :note-50: ( trichet ) for it ( im stil missing it )

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Re: Is there any market for rare banknotes?

Post by Fjon » Sun Aug 02, 2009 10:43 am

Looks like it isn't as rare as I thought - I just haven't seen too many of them.
Condition certainly isn't UNC, so I doubt it's worth trying to sell. In fact I think I bought a few pints with it on Friday night so it's gone already!
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