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‘C’ in collector means cash

What’s the difference between a collector and a noncollector?

It is the willingness to spend money on a collectible.

As I was gathering dealer comments at the Memphis paper money show June 9, I arrived at one dealer’s table as he was attempting to conclude a transaction.

He invited me to stay, so I observed what was going on.

Four notes were arrayed before a couple. They were National Bank Notes with the name of the bank that the woman currently worked for.

She wanted the note to frame for her office.

There was one large-size and three-small size notes that I could see from my vantage point.

The dealer quoted a price of a couple of hundred dollars for one of the small-size notes.

While I didn’t see the color visibly drain from her cheeks, the woman’s interest in the note very obviously had disappeared.

She didn’t dicker. She didn’t state what her price range was.

I don’t know how long they were at the table, but since four notes were  under consideration, I expect they spent some while in the discussion before I got there.

I will never know what her price point was, but if you are looking for a wall decoration rather than the pleasure of actually owning the collectible object itself, I guess it is much less than real collectors are willing to pay.

That also probably explains the many $19.95 offers on late-night television.

Buzz blogger Dave Harper is editor of the weekly newspaper “Numismatic News.”

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One Response to ‘C’ in collector means cash

  1. Tom Snyder says:

    And when this type of person owns the collectible and wants to have it appraised or sell it, the attitude turns 180 degrees, and they act insulted that they only have a garage sale item.

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