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What Is The Point Of Serial Numbers

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marcusm16a4's Avatar
United States
169 Posts
 Posted 03/28/2013  4:25 pm Show Profile   Bookmark this topic Add marcusm16a4 to your friends list Get a Link to this Message Number of Subscribers
Mainly a coin collector but have some currency.What ids the point of serial numbers?
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jbuck's Avatar
United States
188440 Posts
 Posted 03/28/2013  4:44 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Tracking. Tracing. Knowing where the money is and where it was. It also helps thwart counterfeiting, since the numbers should not be duplicated.
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Nickelman's Avatar
United States
1397 Posts
 Posted 03/28/2013  7:50 pm  Show Profile   Bookmark this reply Add Nickelman to your friends list Get a Link to this Reply
It's always a bad sign when you are in business and you get the same serial number 3 times in one day.
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GoldenChest's Avatar
United States
814 Posts
 Posted 03/28/2013  11:50 pm  Show Profile   Bookmark this reply Add GoldenChest to your friends list Get a Link to this Reply
Unless your a currency collector and they are all the same serial but different series. Then its a beautiful day!
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Woodford's Avatar
United States
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 Posted 03/29/2013  12:20 am  Show Profile   Bookmark this reply Add Woodford to your friends list Get a Link to this Reply
serial numbers add an entire dimension to collecting and who doesn't love fancy serials, low serials, and high serials.
Goldenchest, It's only a beautiful day when they are all 2 digit low serials of different series too!
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GoldenChest's Avatar
United States
814 Posts
 Posted 03/29/2013  01:27 am  Show Profile   Bookmark this reply Add GoldenChest to your friends list Get a Link to this Reply
I must politely disagree. If they are all they same serial, denomination, block and all, any collector of notes, weather a noob, rookie, intermediate, perhaps even expert collectors, would have a beautiful amount of satisfaction receiving such a set in one day. If they proved to be genuine. Such is my belief. Not to say your scenario is not beautiful as well. And better too!
Edited by GoldenChest
03/29/2013 01:33 am
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Woodford's Avatar
United States
207 Posts
 Posted 03/29/2013  01:55 am  Show Profile   Bookmark this reply Add Woodford to your friends list Get a Link to this Reply
Goldenchest I totally agree with you, I was only joking on my last remark. Even if they were different denomination and a non-fancy serial number, I'd still be excited to see the same number on two notes. These days I never see anything interesting through all the notes that come my way at work.
Even a wrinkly old 1957 $1 S.C. would make my day!
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GoldenChest's Avatar
United States
814 Posts
 Posted 03/29/2013  02:07 am  Show Profile   Bookmark this reply Add GoldenChest to your friends list Get a Link to this Reply
Lol, no disrespect meant. I love the knowledge you share here Woodford. I get your joke now! . Since you mentioned it, I had a57 SC in horrible shape come tbrough my drawers at work a few mths ago. Will always be one of my favorite circulation finds.
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Sap's Avatar
Australia
16829 Posts
 Posted 03/29/2013  04:39 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Serial numbers were originally introduced to help track how many notes were being issued, and they still serve this purpose. It also allowed them to "cross off" particular notes from their books once they were redeemed and returned, allowing them to track how many notes were still outstanding.

Other uses for the numbers have been found. Bank tellers find them useful when dispensing money from bundles of freshly-printed notes. And, as others above have stated, it allows the authorities to advertise the fakeness of particular serial numbers a counterfeiter has chosen to copy, since counterfeiters rarely go to the trouble of making fake notes with lots of different serial numbers.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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wesal94's Avatar
United States
101 Posts
 Posted 03/29/2013  4:34 pm  Show Profile   Bookmark this reply Add wesal94 to your friends list Get a Link to this Reply
When I was managing a coffee shop I had a 1935 SC star note come through my tip jar. Great day!
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Woodford's Avatar
United States
207 Posts
 Posted 03/30/2013  12:54 am  Show Profile   Bookmark this reply Add Woodford to your friends list Get a Link to this Reply
wesal94, that tipper must have really liked you ;-)
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wesal94's Avatar
United States
101 Posts
 Posted 03/30/2013  1:24 pm  Show Profile   Bookmark this reply Add wesal94 to your friends list Get a Link to this Reply
Honestly I didn't notice it until later in the day but needless to say it was very much appreciated : )
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