100 star note question

[minton7]

I got a 1934 100 dollar star note yesterday ... serial number: G00064594 .. it does the initials dkb written in ink on one end.... so is this worth anything? I am interested in selling .. just not on ebay

 

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[Mackaydon]

What series is it? Plain, A, B, C or D.
What was the issuing bank? (New York, Boston, etc.??)
Don....

 

[minton7]

series D bank of chicago

 

[Mackaydon]

Minton:
Congrats !!!
You have one of the most valuable $100 star notes in the 1934 series (D-Chicago).
A couple of years ago the retail (Red Book) values were $1,500 (VF-20); $2,750 (EF-40) and $4,750 (Unc-63).
The red-inked (post-printing) initials may detract something from the bills value. NWS, you still have a winner !
Don.....

 

[minton7]

awesome! How do I go about getting something close to the value out of it?

 

[Mackaydon]

Some thoughts:
Research then create a narrative of the bill's rarity and the meaning of a 'star' note.
Contact coin dealers in your area for their opinion of it's value. Ask what would they pay--without you committing.
Check for past Ebay sales' prices of this note. See what the current asking prices are.
Check with your library (or local coin store) for a current issue of the Red Book for an idea of recent valuation.
Formulate a price that you will sell the bill for if asked.
Don..

 

[minton7]

I am the coin place in the area LOL No one else within like 1 and a half hours... I would be happy with 500-600 if it is worth as much as it appears.... that seems a bargain yet makes me some good $$ too

 

[Mackaydon]

You might first try the For Sale area on TreasureNet.
Don..

 

[minton7]

coinshop says it has no premium.... I explained the rarity, red book values etc.. he says nope.... I may try the for sale section here then.. dont wanna do the ebay and paypal fees there

 

[minton7]

this note is now for sale with pix.. in the classified section