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1899 $5 Chief Silver Certificate, To Send In Or Not? 5/19/22 - Restoration Complete, Photos Posted

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 Posted 01/13/2022  12:46 pm Show Profile   Check RK55's eBay Listings Bookmark this topic Add RK55 to your friends list Get a Link to this Message
I purchased this over a year ago and tucked it away. My question is for the membership, would the rust spot or stain make this a "comments" if I send it to PMG? It is thru the note, not raised but flush. I think a rust spot but I see no remnants of a paper clip mark.

The note is super crisp, no horizontal folds or vertical. The paper is slightly wavy. 1st signature Lyons-Roberts F-271. Maybe a VF-30?

What would you do? Thanks! RK




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 Posted 01/13/2022  12:59 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I'd say it's definitely worth grading, though it likely won't come back as "original paper quality".
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 Posted 01/13/2022  2:08 pm  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
Cool note. I'm a bit confused though. Notes with no folds (horizontal or vertically) are usually AU and higher. Why do you see it as a VF ? If it were mine I would look into removing the stain myself or having the rust stain removed by a professional. I know someone that could conserve the note.
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 Posted 01/13/2022  2:33 pm  Show Profile   Check RK55's eBay Listings Bookmark this reply Add RK55 to your friends list Get a Link to this Reply
Hi Steve, I originally thought it would grade AU ish....my concern was the spot reducing the grade. I am a coin collector at heart but have gotten into currency the past few years after 50 years of collecting coins.

I don't think I would attempt to mess with the spot, probably would ruin the note. I had no idea there are people that conserve notes, is it through a currency TPG like they do with coins?
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 Posted 01/13/2022  3:52 pm  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
Many dealers, collectors (including myself) and auction companies use or have used Nancy Poli. Nancy and her daughter are the gold standard in paper restoration. It wouldn't hurt to send her a scan and ask for an estimate. If you do, please let her know Steve in Tampa sent you. http://www.polirestoration.com/services.html
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 Posted 01/13/2022  6:30 pm  Show Profile   Check RK55's eBay Listings Bookmark this reply Add RK55 to your friends list Get a Link to this Reply
Thank you Steve. I sent an email with a detailed description, it looks like you can't send photos or scans with the initial inquiry, I am sure when I receive a reply back I will be able to do so. I mentioned you recommended her services.

I am curious to see if it can be restored and if it the cost makes sense. I don't plan on selling the note, but it would look nice in the set I am putting together for my grandson.
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 Posted 01/14/2022  09:54 am  Show Profile   Bookmark this reply Add dsfreeworld to your friends list Get a Link to this Reply
wow that is a beauty. I love these silver certificates. I would send it in for grading so the grandson has a great idea of what his awesome grandpa left him.
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 Posted 01/14/2022  09:57 am  Show Profile   Bookmark this reply Add Collects82 to your friends list Get a Link to this Reply
Beautiful note! I have seen a lot worse in PMG's thing. You hold a high standard to be asking if should :)
My hoard of '82s is up to 241! 218 BC x 1, 118 BC x 3, 18 BC x 1, 82 x 1, 182 x 1, 282 x 2, 382 x 1, 582 x 2, 682 x 1, 782 x 2, 882 x 1, 982 x 4, 1082 x 1 1182 x 8, 1282 x 2, 1382 x 1, 1482 x 6, 1582 x 13, 1682 x 17, 1782 x 60, 1882 x 68, 1982 x 45
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 Posted 02/28/2022  01:04 am  Show Profile   Bookmark this reply Add jonjrl1963 to your friends list Get a Link to this Reply
Rust is removable- i'll just say lemon juice, heat and.....if you don't know what youre doing it can be VERY dangerous to the note.
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 Posted 02/28/2022  7:51 pm  Show Profile   Check RK55's eBay Listings Bookmark this reply Add RK55 to your friends list Get a Link to this Reply
The note is out for professional conservation. No way I was going to mess with it.
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 Posted 02/28/2022  7:57 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I take it you're having it both conserved and graded?
Edited by Coinfrog
02/28/2022 7:58 pm
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 Posted 02/28/2022  11:02 pm  Show Profile   Bookmark this reply Add hokiefan_82 to your friends list Get a Link to this Reply
Very nice note, RK55. I'll be very interested seeing the results of the conservation, as well as the grade it gets if you end up sending it to PMG.


Quote:
I am a coin collector at heart but have gotten into currency the past few years after 50 years of collecting coins.

Similar story for me; I started coin collecting in the mid-1960's, but only purchased my first large size U.S. note the summer of 2019. My intention was only to pick up a few select large size notes, but that quickly changed to starting an actual type set. Then, in early 2020 I acquired my first Confederate note, and later in 2020 my first small size U.S. note. And so it began...
My U.S. Classic Commemorative Complete Set: https://www.NGCcoin.com/registry/co...sets/278741/
My U.S. Type Set: https://www.NGCcoin.com/registry/co...sets/278808/
My U.S. Fractional Note Complete Set: https://notes.www.collectors-societ...eSetID=34188
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 Posted 03/02/2022  11:04 pm  Show Profile   Check RK55's eBay Listings Bookmark this reply Add RK55 to your friends list Get a Link to this Reply
@ coinfrog, I am having it conserved first. Upon receipt back I will determine if I want to send it out for grading. I will post photo's of the note when it gets back (another month)or so.

The conservator told me upon receipt of my note, and I quote "This is a wonderfully fresh and original bank note!"

@hokiefan, yes very familiar stories we have. I still love coins, but these older notes and their beauty have me hooked, plenty of room to collect coins and currency. Can't wait for the grandson to get a little older so his gramp's can share the hobby with him.
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 Posted 03/03/2022  10:45 pm  Show Profile   Bookmark this reply Add Badwithmoney to your friends list Get a Link to this Reply
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 Posted 03/03/2022  11:43 pm  Show Profile   Check jacrispies's eBay Listings Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply

Quote:
Spender

Where do you spend your notes? I will be trailing your shopping trips all day long!
Suffering from bust half fever.
Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955
Shoot me a PM if you are looking to sell bust halves.
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 Posted 05/19/2022  10:29 am  Show Profile   Check RK55's eBay Listings Bookmark this reply Add RK55 to your friends list Get a Link to this Reply
Results of the conservation posted here. It took a lot longer but I think it was well worth the wait.
I will be sending it off to PMG in the next week.

The "After" pics below. Your thoughts? TY to Steve in Tampa for his help!





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