Not an expert, but a quick visit to the bay suggests a fair-rough condition for a 1928 $10, like yours, is somewhere around the £50-£65 mark. Maybe a smidgen more if you get the right buyer.
What is offered and what is selling are two different things. Even if one person is willing to pay for it may not be necessarily considered as a fair price. There are collectors (myself included) who sometimes buy first and think later. Have a look at the latest Romania 100 Lei 2024 commemorative note. A few collectors paid more than US$100 for the note. Now the selling price is around 65 to 70.
What is offered and what is selling are two different things. Even if one person is willing to pay for it may not be necessarily considered as a fair price. There are collectors (myself included) who sometimes buy first and think later. Have a look at the latest Romania 100 Lei 2024 commemorative note. A few collectors paid more than US$100 for the note. Now the selling price is around 65 to 70.
But the auction results does give you a rough idea, doesn't it?
What is offered and what is selling are two different things.
I think it should be “what is described & what is offered are two different things” particularly on auction platforms where nobody polices the grandiose yet extravagantly lacking descriptions. The other trick some sellers use is, “it was sold to me as _____ ”(VF, Fine, etc) when they know its anything but.
I would call that note an apparent “Fine” which was likely VG & washed & processed more times than grandma's purple doo. Unfortunately there's a whole slew of sellers out there who either aren't familiar with what people have done to the coins/notes they sell (or just rather turn a blind eye in the name of profit). The border ink on all BEP notes should be jet black, not faded grey. You'd be much better off buying a note with honest wear & which shows some of the circulation you'd expect to see on an unprocessed “Fine” grade, then that one which most currency collectors would bolt away from IMO.
When I used to buy circulated notes on eBay, I always considered the note a grade down from what the seller was attributing them (unless it was a seller I knew was well established & cared about their reputation). Some of the better “Power Sellers” on eBay are still truthful about their item descriptions. You have to be extremely wary with eBay, Katz & all these platforms where the sellers write the script & it's essentially the “Wild, wild west.”
