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Replies: 43 / Views: 6,701 |
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Pillar of the Community
United States
595 Posts |
Hello All, I am a new member who recently inherited a collection of coins and banknotes from an old collection. I was looking through the small size notes and discovered a series 1935 A Silver Certificate Experimental (R) with a Star serial number. I have done enough research online and see that there were 12,000 of these printed, and I also was able to check the serial number (it's real). Can anybody help with the value of these notes, and what is the estimated number of them still in existance? Any help would appreciated. Thanks! 
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Pillar of the Community
United States
7840 Posts |
 I cannot give you a definitive answer as far as the value goes other than check some of the Internet auction/shopping websites to see what kind of prices it would bring. I believe that the "R" stands for "regular" fiber stock and the "S" stood for "special". This is one of the notes that are still missing from my One Dollar Bill collection. Nice One! http://oldcurrencyvalues.com/1935A_...S_red_R.html
Edited by oih82w8 04/25/2013 1:04 pm
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Pillar of the Community
 United States
595 Posts |
oih82w8, Thanks for the reply. I have been looking, but not much luck. It is easy to find values on the R notes ($50-$200 or so), and the star notes, but I am not seeing results for a note that is both star and (R). I will keep looking...
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Valued Member
United States
207 Posts |
Hi Susuman,
You came to the right place to learn more about your collection! I hope you stay and become a regular poster. Again welcome to CCF! Now as for your note, it is definitely an uncommon sight. Yes Only 12,000 of these were printed. As for how many of them exist today I am unsure but I know there are only a handful that has ever been sold by Heritage auction archives. According to those, a VF+ 1935 R Star $1 sold for $1,840 back in 2006. I believe your note is in similar condition and in today's environment I believe it could realize $2,000+. So quite a valuable note.
good luck!
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Pillar of the Community
United States
1285 Posts |
Welcome to the forum Susuman
Too add to what Woodford said......
I have idea of value, but from my understanding there are only a handful of these known to exist.
My suggestion would be to contact a few online dealers, auction houses that deal in currency like Lyn knight, heritage etc to get an idea of value and go from there.
You could also post it on collector's forum / collector's universe currency section and get an idea as there are more dealers on that forum.
Best wishes.
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Moderator
 United States
56855 Posts |
 to CCF fellow Michigander. That is a great note. Make sure you put it in a plastic sleeve or maybe get it slabbed. John1 
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Pillar of the Community
 United States
595 Posts |
Thanks for the replies and info!
It is already in a plastic holder. In fact, I was putting all the small notes in plastic holders when I took note of this one. It was mixed in with 5 or so or other 1935 A experimental (R) notes and 5 or so 1935 A experimental (S) notes. All of them are circulated - some more than others.
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Valued Member
United States
212 Posts |
Welcome! And yes, that is a great note to have.
One comment. You said putting into plastic holders. I sure hope they are not really plastic. Please use some Mylar / Mylar D type archival holders.
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Pillar of the Community
 United States
595 Posts |
I am putting them into archival sheets made by a company called Lindner.
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Moderator
 United States
56855 Posts |
My bad,when I said plastic I meant Mylar. I thought you all would know what I meant to say  John1 
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Valued Member
United States
212 Posts |
John1, I wasn't referring to you, but our new member Susuman who has indicated as using archival holders now. Such a rare note deserves the best protection.
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Moderator
 United States
56855 Posts |
I agree it needs protection. How many of you think it should be TPGed? John1 
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Valued Member
United States
137 Posts |
Take some offers and let us know what happens. That is very cool note that should certainly be in demand.
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Valued Member
United States
212 Posts |
I would vote for it being TPG'd. It would better define the grade which usually results in a better premium. After it is TPG'd and if Sususman wants to sell it, it would be ready for a HA signature auction or LK auction where the best premium could be achieved IMHO.
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Pillar of the Community
United States
2589 Posts |
This is not a note to "take some offers" on as nationals above suggests. If Sususman intends to keep it, it would make an excellent centerpiece to his collection. If hes looking to sell it, as others have suggested above the best option is to put it up for auction at a notable auction house such as Heritage or Stacks, but also to get it certified by a Third Party Grader before doing so as the certification would help bring in a higher premium to the hammer price.
An excellent note! And welcome to the forum!
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Pillar of the Community
 United States
595 Posts |
For the moment, I will be keeping the note, though I probably will have it graded in the relatively near future. About two months ago, I started getting some of the coins in the collection slabbed, so at least I am familiar with the general procedure.
I am posting a few other questions today and over the weekend that relate to banknote and coin grading, though this is probably not the appropriate thread....
If course, I am quite intrigued at finding this rare note amongst other more common notes. I was not expecting it, but it reinforces the notion that it is important to pay attention to the details of what you are looking at.
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Replies: 43 / Views: 6,701 |