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 Replies: 10 / Views: 1,677 |
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New Member
United States
29 Posts |
Well, I've been collecting coins since I was a kid. I just started saving certain notes that I get. All of my notes have stars, which I know are significant. I think my best one, even though it has been written on with blue ink is a 1952 100$ star note. I don't know if the ink reduces value, or even if there is value, I picked it up at a bank when I was collecting unemployment a couple years ago.
What else should I look for? I know the basics like the stars and silver certificates and what not. But, is there anything else I should look for?
Thanks,
Josh
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Rest in Peace
United States
7075 Posts |
 I'm new to collecting notes too. I mostly collect coins but since learning about bills....well, I check the serial numbers for low numbers, radar numbers, binaray numbers, ladders, and of course, stars! Most of what I have isn't in great shape, but I enjoy keeping them. There are sites devoted to selling notes so if you looked there you could see what others collect and what is considered valuable. As for that note you have that was written on -- was anything interesting written on it? Or just scribbling from a bank? |
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Valued Member
Canada
290 Posts |
Among other things, you should look for letter marked series(sorry if that is not the proper terminology). At the bottom on the right hand side(can be found in an area on either side of the portrait on bills 1996 and later) of the portrait of a US note you should something like:
SERIES
YEAR
and underneath the year, you might see a letter such as A, B, C or D. And if there is a letter underneath the year, then it might be worth considerably more than a similar note without a letter. Good example of this would be the 100 dollar bill from 1966. The price in the standard catalog for an uncirculated Series 1966 100 dollar note is 550$ while the same note but with Series 1966 A is priced at 1250$. A counter example of this would be the 1963 5 dollar note where a Series 1963 is priced at 20$ and the Series 1963 A is priced at 15$. It's just something you should look out for.
Please know that my knowledge on the subject is limited, as I'm still learning so I might leave out a lot of information, but this is what I can tell you.
Edited by Baanos
02/13/2012 12:29 am
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Valued Member
Canada
290 Posts |
Quote:
I don't know if the ink reduces value, or even if there is value, There is definitely a value to it, however, you may not get a premium from everyone. The ink may bother some collectors but may not bother others. Personally, I would not buy anything with ink on it unless most notes of the same kind normally have ink on them. I don't believe it affects the actual grade of the note but it is essential that it be included in the description, if you're trying to sell this one day. For example, you would state its condition, if XF, as XF, writing. So, my answer would be yes, it does affect value and even ability to sell. |
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Rest in Peace
United States
9104 Posts |
Quote:
I think my best one, even though it has been written on with blue ink is a 1952 100$ star note. Yep, it's unique. |
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Moderator
 United States
56855 Posts |
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New Member
 United States
29 Posts |
Thanks for all the help. No idea what ladders and radars are. But I'll try to do more research. Whenever I look on Google, I don't seem to get anything worthwhile. I'll keep on trucking.
Josh
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New Member
United States
29 Posts |
Okay, so I have my 100$ note in front of me. It is actually a 1950 star note, not 1952. The serial number is B00010607.
I don't know how to grade paper money all that well, but there are no rips or tears. All four corners are in tact. There are 3 faded creases.
Overall, this bill is clean and in pretty good shape. It looks like the blue ink is someone's name, but I can't make it out.
I'm going to try and research this note to see what I will find.
Josh
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Pillar of the Community
United States
7840 Posts |
Edited by oih82w8
02/14/2012 12:15 am
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New Member
United States
29 Posts |
Thanks for the link. I will study it more in depth when my eyes aren't going blurry. I need to get some shut eye for now.
Josh
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Valued Member
Sweden
71 Posts |
To OP:
High denomination star note with rather low s/n - that must bring some premium. How much - no one can tell exactly.
Learn how to grade currency, I believe it's easier than grading coins. And don't forget to mention writing (graffiti) on front or back.
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Replies: 10 / Views: 1,677 |
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Posted 02/13/2012 12:12 am
