DYE'S COUNTERFEIT DETECTOR FOLLOWUP Publique Deposited
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The E-Sylum: Volume 4, Number 9, February 25, 2001, Article 11
DYE'S COUNTERFEIT DETECTOR FOLLOWUP
Being naturally curious, your Editor decided to assign a
staff reporter to follow up on the recent eBay sale of an
1850 Dye's Counterfeit Detector and Universal Bank Note
Gazetteer" (reported in the February 4, 2001 E-Sylum,
v4, no. 06).Then I realized, "Hey, I don't have a staff!" So playing
beat reporter, your Editor contacted the seller seller himself,
asking how he acquired the item and what he thought of the
bidding which took it from a $9 opening bid to a final
$1225 hammer price. The gentleman wrote:"I found the item while browsing an upstate NY antique
co-op looking for photographs to add to my collection.
I stopped at one booth, and the photos were terrible, so I
started looking at the paper items available. The detector
was priced at the reasonable sum of $15.After looking through it, I decided it was worth that much
as an interesting diversion to read, and then resell. As to
its value, I felt sure someone who collected paper money
would be interested in it for more then I paid for it, but to
be honest, I thought it likely that the amount it would resell
for was in the $50 to $100 range. I was surprised by, and
don't pretend to understand the reason for the final bid.
Needless to say, if I ever see another, I've learnt something
useful here."- 2001-02-25
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