Valuation of note molded into plastic - 10000 SEK 1958

Hello from Sweden.

This (now sold at auction) note came to my attention:

.

More pictures (of the front side of the note only, as the back side is almost entirely obscured by a black paper with the logo for a debt collection agency) can be found here:

https://auctionet.com/sv/3703857-sedel-10-000-kronor-gustav-vi-adolf-sverige-1958

Now to my questions:

Have you ever seen anything like this?

Do you think its possible to get the note out of the plastic without making damage to it?

As for valuation: If you were able to get it out in damaged condition it would still be possible to redeem for 10000 SEK under specific circumstances. Generally demonitized swedish notes in any condition can be sold for at least 40% of face value. This one sold for about 60% of face value including fees.

Looking at old auctions, specimens of this note not molded into plastic seem to have been sold in the range of 13000-25000 SEK excl fees.

What do you think of the price this one sold for?

And if it were in your posession, would you try to get it out of the plastic?

Let me hear your thoughts, and thanks for reading this far. 😀

Other than Elon, who has the extra money laying to encapsulate such a high value note into a chunk of clear plastic. You mentioned that the back has an ad for debt collection. Either the debt collection agency did really well or the note is fake. I think it’s a coffee table piece. If the debt collection agency is still in business (after all they have more money than they know what to do with), you should contact them. If they are out of business, maybe they encapsulated too many of their profits (sarcasm alert). I would also question the price on the auction, too high for a fake and way too low if that note is real.
 

From Personal experience and knowing others that tried, the plastic usually wins when you try to take something out. 

Keep us updated on this. I would love to know if it really is real.

Hi,

I did some googling on the debt collection agency and found that the name is now owned by Intrum Justitia, a publicly traded company with ticker STO: INTRUM

I also found a LinkedIn profile with a person having worked at both companies in succession in the mid 1980’s.

Looking at the price of the stock it seems like they only started encapsulating their profits from the start of the pandemic :-)

I’m actually not in doubt about the authencity of the note, but I can see why others would be.

PinballWizard

Hello from Sweden.

 

Now to my questions:

Have you ever seen anything like this?

Do you think its possible to get the note out of the plastic without making damage to it?

 

To be honest, I do not mind knowing the answer too. However, I believe that the note will get damaged if one tries to remove it from the acrylic plastic block. I have one such block which I believe was used as a display by the bank. Mine is the Hong Kong Bank of China $20 note dated 1994 first print (serial number without letter prefix). It is very unlikely that I will try to take the note out as I believe that would definitely damaging the note.

The National Bank of Ukraine at one time officially issued banknotes in plexiglass as souvenirs. Their cost is not very high, and I have not heard of anyone trying to get them from there.

That note is worth nothing anymore (numismatically/ notaphilicly?), the resin is inside the note's substrate you will never be able to remove it without destroying it.