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Newbee Question -$1 Federal Reserve Notes Uncut

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gussyboy1's Avatar
United States
174 Posts
 Posted 01/13/2008  4:52 pm Show Profile   Bookmark this topic Add gussyboy1 to your friends list Get a Link to this Message Number of Subscribers
Hi!
Gussyboy1 here. I usually do the coins, but have a question--I have 4 connected-uncut $1 fed. reserve notes all starting with serial # H999 dates 1985. I found these in my dad's stuff that he left us. Does the fact that they're uncut make them more valuable--in other words- why are these unusual?

Tried to download a scan--"internal server problem" popped up. Will try some more to load scan.

Thanks for teaching us Newbees!
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arthrene's Avatar
United States
1713 Posts
 Posted 01/13/2008  5:08 pm  Show Profile   Bookmark this reply Add arthrene to your friends list Get a Link to this Reply
If the scans aren't working for you, you may want to try http://www.photobucket.com

When you add an image to your photobucket album it gives you a direct link to the picture. You can either include that link or place the link in the image tags.
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gussyboy1's Avatar
United States
174 Posts
 Posted 01/13/2008  5:39 pm  Show Profile   Bookmark this reply Add gussyboy1 to your friends list Get a Link to this Reply
Newbee-Question--$1-Federal-Reserve-Notes-Uncut
Does this image come through?
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GO's Avatar
United States
6563 Posts
 Posted 01/13/2008  5:40 pm  Show Profile   Check GO's eBay Listings Bookmark this reply Add GO to your friends list Get a Link to this Reply
I retract my previous statement

I thought they were fake because of the serial numbers

How are the numbered in relation to the sheets that are cut?
Edited by GO
01/13/2008 5:50 pm
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Peter THOMAS's Avatar
Australia
2830 Posts
 Posted 01/13/2008  5:48 pm  Show Profile   Bookmark this reply Add Peter THOMAS to your friends list Get a Link to this Reply
G'day, hate to disagree with you, GO, but look again*:
each note has a number which is different from the others.
[*no rush: make sure that you are undistracted]
Gives you a clue about the layout of the numbers in the sheets, before they are cut.
The sequence of numbers on Oz notes is reasonably complicated, unnecessarily so, in my opinion, and I can't imagine the Seppos being less complicated than us.

Peter in Oz

Edit: hey GO, that's unfair !
I commented on your post, then you edited out the "problem" ...

And again ! Have you no shame ?
obviously, the numbers are not sequenced in vertical columns.
Note Printing Australia gives an explanation of how they do it on their website, but I wouldn't assume that the US is the same.



Edited by Peter THOMAS
01/13/2008 5:53 pm
Valued Member
gussyboy1's Avatar
United States
174 Posts
 Posted 01/13/2008  6:10 pm  Show Profile   Bookmark this reply Add gussyboy1 to your friends list Get a Link to this Reply
Okay, you guys. I am still LOST as a new person to collecting--but, are these notes worth anymore as they are--is this something I might want to hold onto? I am still trying to fill my wheatie albums and now I get curious about notes. This can be so overwhelming--like starting a new job and being the "new kid on the block" no matter what your age is. I bought every other coin book out there--but have nothing about notes.
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karrlot's Avatar
United States
535 Posts
 Posted 01/13/2008  6:58 pm  Show Profile   Bookmark this reply Add karrlot to your friends list Get a Link to this Reply
Check closing auctions on ebay. I think you could pick up 4 uncut $1's for about $10-15. If you like them, keep them. If not, sell them and buy some wheaties.
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Peter THOMAS's Avatar
Australia
2830 Posts
 Posted 01/13/2008  7:06 pm  Show Profile   Bookmark this reply Add Peter THOMAS to your friends list Get a Link to this Reply
G'day, such notes, if unsoiled, unfolded, untorn, and unholed, can be expected to attract a premium.
I don't know how much of premium the market will give your particular notes.
Peter in Oz
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gussyboy1's Avatar
United States
174 Posts
 Posted 01/13/2008  7:06 pm  Show Profile   Bookmark this reply Add gussyboy1 to your friends list Get a Link to this Reply
Good idea!
Thanks!
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biokemist6's Avatar
United States
12437 Posts
 Posted 01/14/2008  2:55 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
gussyboy1,

I am not sure of an exact value but they are worth more than $4 and they are worth more as a sheet than individuals.

Currently, the BEP sells series 2006 4 note sheet of $1 with an informational folder for $15.50 http://www.moneyfactory.gov/store/s...on.cfm/69/83

Since yours are from 1985, they might be more valuable, but I cannot say how much since I am not much of a paper guy and do not own a Freidberg book. I do like the sheet though since it is from the StL fed district
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One Red Cent's Avatar
United States
169 Posts
 Posted 03/04/2008  2:18 pm  Show Profile   Bookmark this reply Add One Red Cent to your friends list Get a Link to this Reply
The BEP (Bureau of Engraving & Printing) began selling uncut sheets of notes to citizens in 1981. They sold full sheets of 32, and I'm pretty sure they sold sheets of 16, 8, and 4. You can tell that the sheets were sold uncut, because the serial numbers start out with "99". All notes that start this those serial numbers were sold to the public uncut.
I posted a topic about unscrupulous ebay dealers taking sheets like these and "creating errors" by cutting them so that half of two different notes appear on one sheet. It looks like a mint cut error, and I've seen them go for as much as $40. I think the ads are total rip-offs and I would never suggest that anybody do the same.
As is, the notes make a nice conversation piece, and I think you should consider framing them. If you want to sell or trade them for something you are more interested in collecting, then you should do that.
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jeremymh's Avatar
United States
543 Posts
 Posted 03/04/2008  6:23 pm  Show Profile   Bookmark this reply Add jeremymh to your friends list Get a Link to this Reply
Never new that the BEP sells them directly to colllectors, though now I do!
Valued Member
United States
80 Posts
 Posted 03/04/2008  11:02 pm  Show Profile   Bookmark this reply Add slugr to your friends list Get a Link to this Reply
I bought a sheet of 32 two dollar bills from the dep for 84 dollars with shipping have them framed in my bar.
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x78089's Avatar
United States
255 Posts
 Posted 03/20/2008  4:13 pm  Show Profile   Bookmark this reply Add x78089 to your friends list Get a Link to this Reply
Yeah they are cool, I got a set of $1,2,5,10 from my parents one year. Good conversation piece.
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