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1929 Nationals - Are Type 2's More Desirable

 
 
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Valued Member
United States
108 Posts
 Posted 07/24/2019  5:34 pm Show Profile   Bookmark this topic Add Typeguy38 to your friends list Get a Link to this Message
I spoke with a dealer specializing in currency not long ago, and he said that collectors of small-sized Nationals don't generally distinguish between T1s and T2s, indicating that one isn't generally more valuable than the other. For those national specialists out there, is this the case, or is it sometimes worth an extra premium for the (usually) scarcer T2s?
Pillar of the Community
United States
4649 Posts
 Posted 07/24/2019  5:40 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
To me, value is determined by bank rarity. I never cared what type the note happened to be just as long as I was able to score a note from a scarce or rare bank.
Pillar of the Community
United States
2294 Posts
 Posted 07/24/2019  5:47 pm  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
I'm on Team westernsky, and do not see any additional value on T-2 small size Nationals.
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United States
41271 Posts
 Posted 07/24/2019  7:05 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I agree - Value depends on rarity, not series type, especially with the small nationals.
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United States
2642 Posts
 Posted 07/28/2019  12:04 pm  Show Profile   Bookmark this reply Add WheatBack to your friends list Get a Link to this Reply
Value is not usually much different between T1 and T2 notes. However, on some banks, T2 might be a lot scarcer/lower print or will have a name change that makes them more desirable. Some banks will have multitudes of T1 notes known, but very few T2 notes known. This can slightly increase premiums too.

In general, I don't chase one of each type.. I just buy what I can hunt down.
Valued Member
United States
108 Posts
 Posted 07/28/2019  8:32 pm  Show Profile   Bookmark this reply Add Typeguy38 to your friends list Get a Link to this Reply
Thanks for the replies, subject-matter-experts!
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