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My US Bank Note Type Set

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Slerk's Avatar
Russian Federation
1557 Posts
 Posted 03/17/2023  10:29 pm  Show Profile   Bookmark this reply Add Slerk to your friends list Get a Link to this Reply
Great collection. You're starting to push me to collect banknotes.

Can I have a couple of questions about "Postage Currency"?

Quote:
exchange for Seven-thirties treasury

What did you mean by that? Are you talking about treasury notes from the 1730s?

Quote:
(e.g., redeeming banknotes for silver coin which was then sold at a premium as bullion)

Why would someone give their gold dollar to a paper one? If the paper is depreciating ?

Do I understand the whole scheme correctly? The United States Treasury Department issues paper money, which it sells to private banks for gold and silver. Private banks sell paper money issued by the United States Department of the Treasury to the public for gold and silver.

I'm sorry, I'm just trying to understand the whole storyo.
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hfjacinto's Avatar
United States
7276 Posts
 Posted 03/19/2023  11:50 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
Not every note I buy is fractional currency.

Recently @coinfrog had a $100 Federal Reserve Bank Note for sale. That was the last note I needed to complete my type set of FRBN.

The note looks really good, make my others ones need an upgrade

My-US-Bank-Note-Type-Set
My-US-Bank-Note-Type-Set

The full FRBN type set.

My-US-Bank-Note-Type-Set
Edited by hfjacinto
03/19/2023 11:51 am
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hokiefan_82's Avatar
United States
3649 Posts
 Posted 03/19/2023  2:13 pm  Show Profile   Bookmark this reply Add hokiefan_82 to your friends list Get a Link to this Reply
Great fractional specimens, hfjacinto! And I really like that $100 FRBN, it's a very attractive example. As we've discussed before, several times I've chosen 58EPQ examples over a 63 or 64 as I find the eye appeal sometimes superior than the lower uncirculated grades.
Member of SPMC, FCCB, ANA and ANS.
My U.S. Classic Commemorative Complete Set: https://www.NGCcoin.com/registry/co...sets/278741/
My U.S. Fractional Note Set: https://notes.www.collectors-societ...eSetID=34188
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jbuck's Avatar
United States
188629 Posts
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hfjacinto's Avatar
United States
7276 Posts
 Posted 03/21/2023  1:27 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
Very minor addition.

I pick up an ASE or other silver coin when I have a few extra dollars at my local coin shop. I actually go more to just chit chat. Last week he had gotten in a few slabbed $5 bills. I picked this one up just for a little over face. While I don't collect FRN when they are cheap and high grade I usually can't say no.


My-US-Bank-Note-Type-Set
My-US-Bank-Note-Type-Set
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jbuck's Avatar
United States
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hfjacinto's Avatar
United States
7276 Posts
 Posted 03/22/2023  1:32 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
I didn't like the pictures I took as they had some stray light, so just redid them.


My-US-Bank-Note-Type-Set
My-US-Bank-Note-Type-Set
My-US-Bank-Note-Type-Set
My-US-Bank-Note-Type-Set
Edited by hfjacinto
03/22/2023 1:33 pm
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jbuck's Avatar
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 Posted 03/22/2023  2:31 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I didn't like the pictures I took as they had some stray light, so just redid them.
Well done.
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Coinfrog's Avatar
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94367 Posts
 Posted 03/22/2023  2:34 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Very nice indeed!
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hfjacinto's Avatar
United States
7276 Posts
 Posted 04/20/2023  12:20 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
A recent upgrade I was able to pick up from Coin Frog.

F745 is the rarest of the San Francisco issue. For an AU 58 it has nice margins and great looking paper. I was happy to get it.

My-US-Bank-Note-Type-Set
My-US-Bank-Note-Type-Set
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jbuck's Avatar
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188629 Posts
 Posted 04/20/2023  3:53 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
A recent upgrade I was able to pick up from Coin Frog. F745 is the rarest of the San Francisco issue. For an AU 58 it has nice margins and great looking paper. I was happy to get it.
Fantastic!
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hokiefan_82's Avatar
United States
3649 Posts
 Posted 04/20/2023  6:59 pm  Show Profile   Bookmark this reply Add hokiefan_82 to your friends list Get a Link to this Reply
Great addition, hfjacinto!
Member of SPMC, FCCB, ANA and ANS.
My U.S. Classic Commemorative Complete Set: https://www.NGCcoin.com/registry/co...sets/278741/
My U.S. Fractional Note Set: https://notes.www.collectors-societ...eSetID=34188
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Dearborn's Avatar
United States
96214 Posts
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hfjacinto's Avatar
United States
7276 Posts
 Posted 05/10/2023  10:32 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
A recent pick up. This actually came over slabbed.

My-US-Bank-Note-Type-Set
My-US-Bank-Note-Type-Set

But after looking at the slab, it looked like it had gotten wet, the label was discolored and the there was something inside the slab. To be safe I took out the note.

This is the 5 cent Clark (FR 1238). This was one of the notes I was missing from my fractional set.


My-US-Bank-Note-Type-Set
My-US-Bank-Note-Type-Set
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CelticKnot's Avatar
United States
12838 Posts
 Posted 05/10/2023  1:37 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Cool little note.

Also the slab label seems to be pretty ragged at the top, not PCGS' best effort there.
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