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 Replies: 22 / Views: 1,673 |
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Bedrock of the Community
 United States
12847 Posts |
Nice note! I'd definitely keep it, especially since it seems to be in really good shape.
Welcome!
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Pillar of the Community
Canada
2578 Posts |
Most collectors I know consider Low # notes below 1000 (although a 1000 # note would be lovely) - so your example definitely qualifies. It won't get a huge premium but will earn a premium nevertheless. Better premiums go for notes lower than 100 & the best premiums for notes 10 & lower (#1 note being quite tough & pricey). Keeper!
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Pillar of the Community
United States
1648 Posts |
Very nice find in circulation and in nice condition also! Low serial numbers, especially those 00000100 and under, are considered fancy to even serious collectors, while others will also appeal to casual collectors as well. While the general advice to follow is in this link, even those 100-999 sell extremely well these days to the casual collectors and some currency/fancy serial collectors for those wondering. See this link: https://oldcurrencyvalues.com/low_serial_numbers/Its interesting that even those not in great condition can sell just based on the serial when low although with great condition can increase the value even more potentially. Serial number 00001000 and higher will rarely be worth more than face value actually, but even those may still sell to casual collectors on ebay when under 10000-50000 or so it appears but only a small premium generally so I'm just passing on all the info for learning purposes High serial numbers as well: http://goccf.com/t/431122 |
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Pillar of the Community
United States
702 Posts |
In my opinion, only serial numbers ending with the suffix A could be considered a low serial number. Any other suffix indicates millions of notes were printed before that one. That doesn't mean that if I came across something I could flip for a profit I wouldn't do so. Anyone else here with me on this?
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Bedrock of the Community
United States
94367 Posts |
That's a novel interpretation!
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Bedrock of the Community
United States
12847 Posts |
Interesting indeed. That's a fairly hard-core definition. But your definition still allows for 12 of the same serial based on the FRB prefix. Where do you draw the line?
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Pillar of the Community
United States
4637 Posts |
Quote:
In my opinion, only serial numbers ending with the suffix A could be considered a low serial number. I collected serial number 12 for years before selling my collection. I never once considered the suffix letter. And, when sheets are having the overprint added, along with the serial numbers, the BEP prints the highest serial numbers first and count down to serial 00000001. Edited by SteveInTampa
06/16/2024 5:14 pm
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Pillar of the Community
Canada
2578 Posts |
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Anyone else here with me on this? Not me. Suffixes are irrelevant in my books. Quote:
Serial number 00001000 and higher will rarely be worth more than face value actually, I have never seen a #1000 numbered note (nor a 2000, 3000, etc) go for FV in UNC. Maybe in lower grades but most collectors I know will cough up a premium for a sufficient # of 0's in their serial numbers. Even lower than 1000, some numbers draw more attention than others, including: 00000999; 00000888 to 00000111 (as 2 digit notes) 00000987 etc to 00000123 (as having "ladder-like" properties) & of course the 00000099 to 00000011 will also draw more attention (as 2 digit notes). Not sure if its the symmetry (or what) but I have seen some frothy bidding for notes with these type of patterns (compared to a random # like 00000256 for example). |
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Pillar of the Community
United States
1648 Posts |
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& of course the 00000099 to 00000011 will also draw more attention (as 2 digit notes). Not sure if its the symmetry (or what) but I have seen some frothy bidding for notes with these type of patterns (compared to a random # like 00000256 for example). Yes those notes are binaries as well (two digits only) so its not just the serial number being low in those cases. The 0 and 1 are true binaries but even the 0 and 9 are considered binaries but just with lower demand and value than a true binary. Quote:
I have never seen a #1000 numbered note (nor a 2000, 3000, etc) go for FV in UNC. Maybe in lower grades but most collectors I know will cough up a premium for a sufficient # of 0's in their serial numbers. I see these do go for more than face value as mentioned above to casual collectors. Serial numbers higher than 999 just aren't truly rare or collectible. However, just like many lower value errors and varieties on coins, this does not mean they are worthless - only that serious collectors who know this typically might not be interested in them and wont generally pay for such notes as they really arent that special. You will still find others who like them and would pay for them over their face value. Quote:
I collected serial number 12 for years before selling my collection. I never once considered the suffix letter. And, when sheets are having the overprint added, along with the serial numbers, the BEP prints the highest serial numbers first and count down to serial 00000001. Your info has always been valuable Steve. I can say that the suffix may cause a much higher demand if its something like A00000001A (serial 1 in A suffix) or serials 1-10 in A suffix is all, but generally people don't really think much of the suffix otherwise unless perhaps they were trying to collect low serials in all the suffix for a specific year but there can't be that many collectors out there doing that. Edited by datadragon
06/16/2024 6:46 pm
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Moderator
 United States
189603 Posts |
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Was pulled put of circulation awhile ago and forgotten about. Found it again today going through an old album wanted to share Very nice!  |
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Pillar of the Community
United States
1933 Posts |
very nice---a keeper for sure---
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Moderator
United States
97793 Posts |
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the BEP prints the highest serial numbers first and count down to serial 00000001. Now that is something I did not know. So are you saying that the BEP starts a run with S/N 99999999 or do they pick a start number that they are aiming for and run it? |
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Pillar of the Community
United States
4637 Posts |
Quote:
So are you saying that the BEP starts a run with S/N 99999999 or do they pick a start number that they are aiming for and run it? The BEP only prints up to serial number 96000000. The print run is determined before the printing begins. Once the print run is determined, the BEP starts the serial numbers with the highest of that particular run. |
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Pillar of the Community
United States
702 Posts |
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... The print run is determined before the printing begins. ... Any idea of how many sheets are in a typical print run in modern times? |
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Pillar of the Community
United States
4637 Posts |
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Any idea of how many sheets are in a typical print run in modern times? It varies. I selected a random monthly report from the Western Currency Facility in Fort Worth to illustrate the different print runs.  |
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Replies: 22 / Views: 1,673 |
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Posted 06/16/2024 10:39 am
