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lettow's Last 20 Posts
Anyone Have Experience Or Interest In Gold Backs?
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lettow
Pillar of the Community
United States
712 Posts |
Posted 01/18/2023 11:39 am
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The legal document on their website is their own letter to the Utah Tax Commission. It is not a ruling from the Utah Tax Commission or any federal agency.
The important part of their legal document is this: I serve as general counsel for both the UPMA (UPMA) as well as Goldback Inc. (Goldback), distributor of the GoldbackTM as a privately issued, Utah local currency.
Goldbacks are privately issued scrip. They are sold at a premium over their gold value. The only people guaranteed to make money on this scheme are the people who came up with it. |
| Forum: US Paper Money and Banknotes |
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Ever Seen A Form Tfel-2?
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lettow
Pillar of the Community
United States
712 Posts |
Posted 12/06/2022 2:28 pm
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The BEP printed 1,039,000 as follows:
FY41: 249,000 FY42: 653,200 FY43: 36,800 FY44: 49,000 FY45: 10,000 FY46: 41,000
In FY47 961,000 unused forms were destroyed.
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| Forum: Checks, Stocks, and Bonds |
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Ever Seen A Form Tfel-2?
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lettow
Pillar of the Community
United States
712 Posts |
Posted 12/06/2022 1:39 pm
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I recommend you venture over to FRASER at the St. Louis Fed website to find more information than you would ever possibly want on the TFEL-2.
The applications were submitted through the Federal Reserve Branches who had to sign off on granting the TFEL-2. The letter after the serial number indicates the Federal Reserve District that processed the application.
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| Forum: Checks, Stocks, and Bonds |
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Postal Savings Certificate
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lettow
Pillar of the Community
United States
712 Posts |
Posted 08/07/2022 09:17 am
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I opposed the separate category for stocks, bonds, etc. for this very reason. Esoteric items get buried in a category with little traffic.
Thank you for the quoting tutorial. Every other discussion board I use has a quote button on each post. |
| Forum: US Paper Money and Banknotes |
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Postal Savings Certificate
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lettow
Pillar of the Community
United States
712 Posts |
Posted 08/04/2022 11:37 pm
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10+ years on this site and I still cannot figure out how to quote another post.
Quite frankly, it will get more attention in the paper money category. Checks, bonds, etc. gets little traffic. |
| Forum: US Paper Money and Banknotes |
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Postal Savings Certificate
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lettow
Pillar of the Community
United States
712 Posts |
Posted 08/03/2022 11:57 am
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They are more in the nature of a bond in that they are interest bearing instruments that are not transferable nor negotiable.
They have no monetary value any longer even to the holder. The post office ended the program in the late 1960s and sometime in the 1980s and there was a deadline to redeem them.
There are many different series starting with the Series of 1911.
Here is a ling to a well-illustrated pdf of the different varieties.
https://www.rfrajola.com/Liebson1/Liebson1.pdf
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| Forum: US Paper Money and Banknotes |
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Occupied Wartime Notes
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lettow
Pillar of the Community
United States
712 Posts |
Posted 04/26/2022 10:30 pm
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It was not a matter of cheating the system. The one, five and ten peso notes of the first series JIM notes for the Phillipines were counterfeited by the US for use by American operatives in the Philippines. The 500 peso was not counterfeited. It was issued too late in the war to be counterfeited.
The paper for the notes came from a supply of Japanese made paper that was in the US. |
| Forum: World Paper Money and Banknotes |
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Huge Lot Of Old Foreign Bank Notes Signed.
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lettow
Pillar of the Community
United States
712 Posts |
Posted 04/26/2022 10:54 am
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What you have are a group of notes called a short snorter. These were souvenirs made by having people sign the notes. PCGS parent company does have an autograph authentication company PSA.
But you have to have some pretty famous generals to make it worth the expense. If you do not see an Eisenhower or MacArthur or Montgomery or Patton, it may not be worth the expense.
The signature of your run of the mill American WWII general officer (there were several hundred of them) is not going to fetch much.
That having been said, there is value to the cumulative affect of many in the same collection.
I actively collect and research short snorters. If you would like to post clear images of the notes with signatures, I and hopefully the other collective wisdom here can help decipher them. Scans are better than pictures.
The apostille and authentication that SaturnD51 references is like a notary. It is for authenticating a current signature and has nothing to do with trying to authenticate or decipher signatures on a banknote. |
| Forum: World Paper Money and Banknotes |
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