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 Replies: 19 / Views: 3,051 |
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Bedrock of the Community
United States
94367 Posts |
Nice note for sure - according to Kelly, all 6 $10 serial number 1 notes for this bank were saved in CU condition.
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Pillar of the Community
 United States
1101 Posts |
Wow, so that's one of six huh? Probably go for a bit I'm sure
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Pillar of the Community
United States
4409 Posts |
Kelly census also lists the number 1 sheet for Series 1929 Type 1 $5's. The #1 type 2 is also known for the $10 denomination. The A position note was sold by Lyn Knight in 2012 for $2,760 The B position note was sold by Lyn back in 2004 for $2,990. In the description it mentioned the note was graded as Gem CU-65 by CGA The D position note was sold for $2,760 in 2005 by Lyn Knight Here is an uncut sheet of Type 1 $10's which was how these were shipped to the national banks https://currency.ha.com/itm/nationa...tion-071515#Edited by MeadowviewCollector
05/15/2018 8:21 pm
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Bedrock of the Community
United States
94367 Posts |
MV - Thanks for that, very interesting as always. Always surprises me how much #1 notes bring, even when there are multiple prefixes known as here.
Always raises the classic question: Would you rather own a #1 note on a giant bank where there are few if any others known, or would you rather own a #1 note on a tiny bank where there were a half dozen or more known?
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Pillar of the Community
United States
1101 Posts |
I don't know coinfrog. Can I own both? I think having one of six in the world from a tiny bank would be more meaningful to me than having one from a larger bank.
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Bedrock of the Community
United States
94367 Posts |
If you insist, OK, you can own both! To clarify, this is one of six different $10 notes from this bank which all carry the serial number 1 - there are far many more than 6 notes total known for the bank.  Edited by Coinfrog
05/16/2018 12:58 pm
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Pillar of the Community
United States
1101 Posts |
Got it coinfrog. I read a bit about that series so there would be:
A000001A
B000001A
C000001A
D000001A
E000001A
F000001A
Is that right?
Then A000002A and so forth?
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Bedrock of the Community
United States
94367 Posts |
Correct! The OP's note is a Type 1 note - this system changed with the 1929 Type 2 notes, where the only number 1 note would be A000001 for each denomination.
Edited by Coinfrog
05/16/2018 7:03 pm
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Pillar of the Community
United States
4409 Posts |
Quote:
Would you rather own a #1 note on a giant bank where there are few if any others known, or would you rather own a #1 note on a tiny bank where there were a half dozen or more known Tough question. I'd say leaning heavily toward one from from a tiny bank even if there were more known than on a larger bank. My focus has always been on smaller banks. -MV |
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Bedrock of the Community
United States
94367 Posts |
That makes sense in this particular case - according to Kelly, there are 13 different serial number 1 notes known for all denominations from this picturesque small bank, but that is just shy of half of all notes recorded!
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Pillar of the Community
United States
1101 Posts |
Coinfrog, can you link the site Kelly, you are referencing please?
Thanks
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Pillar of the Community
United States
4409 Posts |
Quote:
Coinfrog, can you link the site Kelly, you are referencing please?
Thanks While my username isn't Coinfrog I am able to answer this. Kelly is the last name of the author of National Bank Notes the newest edition is the 6th released in 2008. Purchasing a copy of this book included a CD of the census at the time. -MV |
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Bedrock of the Community
United States
94367 Posts |
Right. The census is out of date, of course, but it's an invaluable reference for doing comparative pricing work among other things (along with other sources). I use the CD every day and couldn't get along without it. I'm quite certain the package is still available.
Just Google "Don C. Kelly" and go to his website.
Edited by Coinfrog
05/17/2018 4:38 pm
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Pillar of the Community
United States
1101 Posts |
I managed to win this one tonight. I'd like to think I got a pretty good deal on it.
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Pillar of the Community
United States
4409 Posts |
Quote:
I managed to win this one tonight. I'd like to think I got a pretty good deal on it. Congrats  Every time I see the name I think of a hitching post. -MV |
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Posted 05/15/2018 5:31 pm
