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Help With Grade, 1886 $2 Hancock Silver Certificate Large Red Seal

 
 
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 Posted 07/31/2019  10:40 am Show Profile   Check RK55's eBay Listings Bookmark this topic Add RK55 to your friends list Get a Link to this Message
I am not up to speed when grading paper currency as I am with coins. I am thinking this is about a VF or better?

No pin holes, no rips, 3 slight vertical folds and 1 slight horizontal fold. good colors red and blues, decent corners and no missing pieces.The bill is very crisp.

What is your opinion on grade? Thanks for the help!! RK





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 Posted 07/31/2019  11:28 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Always tough to grade paper money from photos, but I'd say it's in the VF-35 to EF-40 range. Nice looking example of a tough note!
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Pillar of the Community
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 Posted 07/31/2019  1:02 pm  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
Sweet looking Fr. 243 1886 $2 Silver Certificate.

Appears in the VF'ish range. Dare I say it may have been washed and pressed in its long life ? I believe the hard folds on the back were dirtier at one point in time.

Is the note yours, or is it a possible future purchase ?
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 Posted 07/31/2019  1:54 pm  Show Profile   Check RK55's eBay Listings Bookmark this reply Add RK55 to your friends list Get a Link to this Reply
@ SteveInTampa,

I just purchased about 15 notes and this one by far was the best. They had been sitting in a safety deposit box for quite some time. I have no idea about washed or pressed, but anything is possible.
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 Posted 07/31/2019  2:34 pm  Show Profile   Bookmark this reply Add James Hicks to your friends list Get a Link to this Reply
I am not an expert on bills, but it looks to be in great condition. Some of these specimens sell for almost $900. It is a great find. Maybe bring it in to some experts in a big coin/bill shop, or otherwise well-known antique store, and ask them for their opinion. You might have struck silver. ;)
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 Posted 08/01/2019  6:24 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I find that many small LCS owners don't know a great deal about paper money, much less whether a note has washed or pressed.
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 Posted 08/01/2019  6:40 pm  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
A perfect candidate for professional grading.

Now being offered, by PMG, an online opinion regarding authenticity and a separate opinion on approximate grade. $5 and $10 respectively.

https://www.pmgnotes.com/news/artic...pert-review/
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 Posted 08/02/2019  09:14 am  Show Profile   Check RK55's eBay Listings Bookmark this reply Add RK55 to your friends list Get a Link to this Reply
@ SteveInTampa,

Thanks for the link. I saw that on Bbay, I am not sure how to get the opinion of PMG, sounds like I would have to put up an eBay listing and then request a PMG opinion?

I don't come across notes as much as coins, so I do not think I want to join PMG in order to send it in.

My original guesstimate was in the VF or a little better range. I may put it out in the shop and see what shakes out.

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 Posted 08/02/2019  09:46 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I don't think the authenticity and approximate grade are issues here. Only an in-hand evaluation by an experienced will settle the cleaning/pressing question.
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