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1934 $1000 Signed By Azie Taylor Morton

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tinfox's Avatar
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 Posted 12/31/2013  12:38 pm Show Profile   Bookmark this topic Add tinfox to your friends list Get a Link to this Message Number of Subscribers
This has been in a safety deposit box for the last 30 years.

Wondering where to go to find the value of this nice bill.

http://en.wikipedia.org/wiki/Azie_Taylor_Morton
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Collector-Corner's Avatar
872 Posts
 Posted 12/31/2013  12:48 pm  Show Profile   Bookmark this reply Add Collector-Corner to your friends list Get a Link to this Reply
This site may... go to http://www.ngccoin.com and then scroll to the bottom of the page. Look for PMG - paper money guarantee. There is some sort of search function within the site, and it may offer a point of contact, or actual prices. I don't do much paper research.

The value will be affected by the condition of the money itself. A crisp new looking bill will bring a premium. Bills with creases, stains and markings may lower its value.

If you have to bring it somewhere to be appraised, tell them in advance the story, and then add in that since it has been in the family for so long, its going to remain there. That way a true value assessment can be seen. That way a less than ethical dealer, vendor or appraiser will assume they have little chance at getting the bill off of you real cheap.

If you can provide a picture of the Bill in question, a full clear photo of the front and back, the Paper Money experts here will more than likely require that to give you a general idea what the bill is worth.

Good Luck !

EDIT;
Here is the actual link to the PMG site;
http://www.pmgnotes.com/
Edited by Collector-Corner
12/31/2013 12:51 pm
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tinfox's Avatar
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MeadowviewCollector's Avatar
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4409 Posts
 Posted 12/31/2013  1:30 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
Welcome to the CCF Community tinfox

I don't know much about grading or valuing currency so I'll let other members with more experience share their wisdom.



-MV
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tinfox's Avatar
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 Posted 12/31/2013  1:41 pm  Show Profile   Bookmark this reply Add tinfox to your friends list Get a Link to this Reply
Thanks!
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denco7's Avatar
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2543 Posts
 Posted 12/31/2013  2:41 pm  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply
to the community.

Well, it is worth at least a thousand dollars. Thousand dollar bills command a small or large premium, depending on the condition. Yours has folds, tears and stains. Not in poor condition, but not in kind of condition that commands higher premiums.

The autograph has historical value, as MS Morton was the first and only African American Treasurer.

The bill looks to be a VF30 (the tear might take away from that a little ) , unfortunately, without authentication or some sort of provenance , the signature is just writing on the bill to a collector. A few things can affect the value, such as the Federal Reserve Bank that issued the bill, (yours is Kansas City) and the seal color (yours appears to be the more sought after light green seal) but most of these price premiums affect higher graded bills.

I have seen these go for (aside from the autograph ) $1200-$1500 at auctions
Edited by denco7
12/31/2013 2:42 pm
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