Pre-Decimal Notes->
Star NotesNow this is worth noting:
Dear Collector,
Thank you for your enquiries regarding the 2008 notes. Our belief is that 'buyer beware' is the order of the day for the seemingly unbelievable price rises recently displayed for the 2008 notes.
Unfortunately the uninitiated can be taken in by tactics we have seen many times over during the 35 years we have been dealing. Of course this is just a case scenerio we are putting forward however, we have noted in the past that items (say banknotes) are advertised for a remarkable price and then 'sold'. This then initiates what appears to be a realised price. More notes are then 'found' and offered either by the original advertiser, or associates. In such cases it is not uncommon for reasonable stocks of said notes to be held in readiness to cash in!
It has to be said that the 2008 notes are presently in demand but we believe that a large part of the reason has been more from hoarding than collectors needs. In saying that there are variables that indicate genuine price increases other than the above, or even mintage, that can increase the price on these notes, for instance:
In 2009 when these notes were issued everyone was licking their wounds from the GFC, we noted at the time that most of our collectors were either reducing their purchase of notes, i.e., purchasing 1 in lieu of 2 or 3 of each note. Or subsequenly in a lot of cases after things settled down, many came looking for them in 2010/2011 to add to their collections.
As most of you are aware, even though we saw the writing on the wall we continued to sell these to our collectors at a reasonable price when they required them for their collections. However we were continually being contacted by the same few people wanting 10, 20 and 50 of the same note, most not known collectors, but rather who just wanted to resell them. Sometimes straight after purchasing them.
The other consideration is the fact that in 2008 every denomination was issued. This is quite a hit on the pocket for collectors when ordering 3 notes of each denomination... but extraordinarily difficult for dealers who try to put aside sufficient supplies for their collectors not only for reasonably quick resale but also for future collectors!
Taking all of this into consideration we believe the notes are presently worthy of prices considerably over the catalogue price, however we also believe if they are purchased at anywhere the prices reportedly obtained on ebay, then one may expect to hold them for a very very long time.
In closing, if in fact you do get an opportunity to purchase any of the 2008 notes at a 'reasonable'
price then go for it, but we strongly suggest you consider carefully before paying anywhere near the inflated prices we have recently seen.
Taking all of this into consideration we believe the notes are presently worthy of prices considerably over the catalogue price, however we also believe if they are purchased at anywhere the prices reportedly obtained on ebay, then one may expect to hold them for a very very long time.
In closing, if in fact you do get an opportunity to purchase any of the 2008 notes at a 'reasonable'
price then go for it, but we strongly suggest you consider carefully before paying anywhere near the inflated prices we have recently seen.
Keep watching our website we are constantly on the lookout for more stocks.
Happy collecting
Bob and Judy