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My US Bank Note Type Set

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Pillar of the Community
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 Posted 07/18/2022  7:44 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
Hokie that 1933 $10 SC in VF has a price tag of about $5000. While I would like one, its not going to happen. BUT its cheaper than a 1933 * note

Also don't forget about the 1928E $1 SC, it has different wording.

"THIS CERTIFICATE IS LEGAL TENDER FOR ALL DEBTS PUBLIC AND PRIVATE"

Compared to for 1928 to 1928D:

"THIS CERTIFICATE IS RECEIVABLE FOR ALL PUBLIC DUES AND WHEN SO RECEIVED MAY BE REISSUED"
Edited by hfjacinto
07/18/2022 7:51 pm
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 Posted 07/18/2022  9:04 pm  Show Profile   Bookmark this reply Add hokiefan_82 to your friends list Get a Link to this Reply

Quote:
Also don't forget about the 1928E $1 SC, it has different wording.

I didn't realize that, hfjacinto, thanks! It's not explicitly mentioned in Friedberg's reference, and all the 1928 $1 SC are listed under one design, but there is a general comment about how the obligation varies somewhat between different series.

Now I've got to add another slot in my spreadsheet! As you know, I collect by Friedberg design number, but I would consider that significant enough to add another example. Similarly, the $50 and $100 FRNs had two different obligations in the design when they went from numeric to letter district designations.
My U.S. Type Set: https://www.NGCcoin.com/registry/co...sets/278808/
My U.S. Classic Commemorative Complete Set: https://www.NGCcoin.com/registry/co...sets/278741/
My 20th Century U.S. Type Set - Proofs only, No Gold https://www.ngccoin.com/registry/co...sets/396301/
Edited by hokiefan_82
07/18/2022 9:08 pm
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 Posted 07/19/2022  3:05 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
@Hokie, as you are as much a rabble rouser/trouble maker as I am, after looking at your new fractionals I needed to get a red backed 3rd series. So today I ordered one. You are bad sir... very very bad..
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 Posted 07/19/2022  3:56 pm  Show Profile   Bookmark this reply Add hokiefan_82 to your friends list Get a Link to this Reply
I'm just doing my job, hfjacinto! Glad I could be of help! I'll look forward to seeing it.

By the way, I see that those 1928-E $1 SC are a bit on the pricey side, especially in better grades. Then while digging around, I found there were experimental notes issued for series 1928-A and -B, and also series 1935, none of which are mentioned in Friedberg's reference. More things to add to my list, I suppose, since I already have the R and S experimental notes from series 1934-A...
My U.S. Type Set: https://www.NGCcoin.com/registry/co...sets/278808/
My U.S. Classic Commemorative Complete Set: https://www.NGCcoin.com/registry/co...sets/278741/
My 20th Century U.S. Type Set - Proofs only, No Gold https://www.ngccoin.com/registry/co...sets/396301/
Edited by hokiefan_82
07/19/2022 4:01 pm
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Russian Federation
956 Posts
 Posted 07/19/2022  4:06 pm  Show Profile   Bookmark this reply Add Slerk to your friends list Get a Link to this Reply
Good replenishment , congratulations on your purchases hfjacinto.
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 Posted 07/30/2022  5:27 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
This note was totally @Hokie's fault. But it is one I wanted. This is FR-1291, 3rd issue 25 cents. This note has a nice red reverse. The majority of the 3rd issue 25 cents have a green back.




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 Posted 07/30/2022  5:30 pm  Show Profile   Bookmark this reply Add hokiefan_82 to your friends list Get a Link to this Reply
Great addition, hfjacinto! And, I'm glad to be a bad influence, but in a good way!
My U.S. Type Set: https://www.NGCcoin.com/registry/co...sets/278808/
My U.S. Classic Commemorative Complete Set: https://www.NGCcoin.com/registry/co...sets/278741/
My 20th Century U.S. Type Set - Proofs only, No Gold https://www.ngccoin.com/registry/co...sets/396301/
Edited by hokiefan_82
07/30/2022 5:31 pm
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 Posted 07/30/2022  5:31 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
Also, person pictured is William Pitt Fessenden. Mr. Fessenden is 1 of 3 people that were still alive when they had their portrait on currency. Fessenden was born on October 16,1806 and died on September 6, 1869 (151 years ago today). The 25 cent 3rd issue was printed from February 21, 1866 till April 15,1869. Mr. Fessenden served in the House of representatives from 1841 to 1843, was a senator from 1854-1864. During the civil war he served as chairman of the senate committee on finance. Helping Abe Lincoln and Salmon Chase with paying for the war on the Union side. In July 1864 he succeeded Chase as Secretary of the Treasury. He was elected senator in 1865 and concluded his career by casting the deciding vote against impeachment of President Johnson
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 Posted 07/30/2022  9:21 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply

Quote:
Great addition, hfjacinto! And, I'm glad to be a bad influence, but in a good way!


Rabble Rouser
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 Posted 08/01/2022  10:59 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
This note was totally @Hokie's fault. But it is one I wanted. This is FR-1291, 3rd issue 25 cents.
Fantastic!
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Russian Federation
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 Posted 08/02/2022  2:10 pm  Show Profile   Bookmark this reply Add Slerk to your friends list Get a Link to this Reply

Quote:
The other note. This is FR1702 which is a 1934-A series. The series 1934A features the signatures of W. A. Julian as Treasurer and Henry Morgenthau, Jr. as Secretary of the Treasury. Series 1934A began production in 1938 and continued into the mid 1940s. Because of the long period of production, 1934 A Series $10 silver certificates saw many notes (42 million) being printed.


What? Have they been sitting on their butt for exactly 4 years ?
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 Posted 08/11/2022  5:16 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply

Quote:
What? Have they been sitting on their butt for exactly 4 years ?


I was confused by your question, but now realize what you are asking.

The first issue of 1934 series was printed from1934 to 1938.

For Federal Reserve Notes and Silver Certificates ($5 and up), the sole difference between series 1934 and 1934A is the change in size of the plate numbers (from small -"Micro" to large -"Macro"). Everything else (signature of Treasury officials, design, etc) remains exactly the same.

If you want a little history (not really applicable to Silver Certificates), but applicable to the US economy, below is a little history.

The first issue of small size notes were series 1928 (which include Series 1928, 1928A, 1928B, 1928C and 1928D). All of the 1928 Federal Reserve Notes were not only backed by, but were redeemable in gold. Then came the Great Depression and years of inaction to stem the downward economic spiral. Matters worsened, and between January, 1933 and March 4, 1933 (when Franklin D. Roosevelt was inaugurated) more than $624 million in gold had been withdrawn from the Treasury and Federal Reserve Banks, and currency in circulation had grown by a then huge $1.8 Billion. The Federal Reserve Banks were also in a bind. To meet the expanding demand for currency, the Fed was required to issue an increasing number of 1928 Series Federal Reserve Notes (redeemable in gold) yet, at the same time, the Fed's mandated gold reserves were being reduced by the large number of redemptions.

To address the rapid depletion of gold reserves which backed all 1928 series Federal Reseve, legislation was passed under which all further issues of Federal Reserve Notes would no longer be redeemable in Gold.

1928 Series


1934 Series





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 Posted 08/12/2022  05:03 am  Show Profile   Bookmark this reply Add Slerk to your friends list Get a Link to this Reply
That explains it a bit. But I still didn't fully understand. You said that the 1934-A series began to be printed only in 1938, so I asked the question what people had been doing for 4 years. Why didn't the 1934-A series start printing in 1934.

I think I got it. The 1934-A series started printing in 1938 because the 1934-A series had exhausted all the numbers and people moved on to the next stage?

Did I get it right ?
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 Posted 08/12/2022  05:45 am  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply

Quote:
That explains it a bit. But I still didn't fully understand.

The fast explanation is, unlike coins which display the year they were minted, paper money uses a dated series which has nothing to do with when the notes were printed.
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 Posted 08/12/2022  09:11 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
What Steve said.
Edited by hfjacinto
08/12/2022 09:12 am
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