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Question About Serial Numbers On Civil War Era Obsolete Currency.

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Connor's Avatar
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 Posted 02/08/2016  9:17 pm Show Profile   Bookmark this topic Add Connor to your friends list Get a Link to this Message Number of Subscribers
I bought this first 1863 $2 note a couple years ago raw and had it graded. I liked it because it had a low serial number and it was in good shape. Fast forward to a few weeks ago. I was browsing on ebay and stumbled across this raw $2 noted. I quickly noticed it was the exact same series with the exact same serial number. So I had to purchase it... Even though I am extremely confused why they would put the same serial number on two different notes? I have a pretty nice size collection of obsolete currency and this is the first time I have ever came across this. Would any of the more seasoned collectors care to educate me on this?

Question-About-Serial-Numbers-On-Civil-War-Era-Obsolete-Currency.
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Connor's Avatar
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 Posted 02/08/2016  9:20 pm  Show Profile   Bookmark this reply Add Connor to your friends list Get a Link to this Reply
I forgot to mention that they do have different signatures and plate letters but why the same serial numbers?
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Connor's Avatar
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 Posted 02/09/2016  6:57 pm  Show Profile   Bookmark this reply Add Connor to your friends list Get a Link to this Reply
Come on.....Does anybody know why these two notes may have the same serial #'s?
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 Posted 02/09/2016  7:31 pm  Show Profile   Bookmark this reply Add lettow to your friends list Get a Link to this Reply
In some cases these are sheet numbers where every note on the same sheet has the same number. The differentiator is the position letter. I don't know foe certain if that is how these notes were numbered but I have seen it in other CW era obsoletes.
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Numisma's Avatar
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 Posted 02/09/2016  7:48 pm  Show Profile   Bookmark this reply Add Numisma to your friends list Get a Link to this Reply
Are the position letters the B & J(?) under the 2 on the left?
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 Posted 02/09/2016  8:20 pm  Show Profile   Bookmark this reply Add lettow to your friends list Get a Link to this Reply
Yes.
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MeadowviewCollector's Avatar
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 Posted 02/09/2016  8:25 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
To me, the font is an Old English type which is sometimes hard to determine which letter is which.

I think the holder has the plate position letter wrong. To my eye, it looks like a J. Compare it to this one on Heritage http://currency.ha.com/itm/obsolete...ption-071515

My knowledge of obsolete notes is woefully lacking however, it seems to share similarities with national bank notes which would come later. This being:

Notes printed 4 on a sheet with the same serial number but different plate positions (A,B,C,D) or (E,F,G,H)

Why there are different signatures I can't answer that.

Edit: to change the nonholder note plate position it does resemble a B when I got to looking at the Heritage auction archive.

-MV
Edited by MeadowviewCollector
02/09/2016 8:42 pm
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techwriter's Avatar
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 Posted 02/09/2016  8:26 pm  Show Profile   Bookmark this reply Add techwriter to your friends list Get a Link to this Reply
In the book Confederate and Southern States Currency, Volume 1, 4th Edition, page 15, perhaps we find an answer to the question:
"Serial or Plate letters are those letters usually next to the serial numbers. For example, if a note was printed in a sheet of four, there would be four serial numbers the same, each with the four different plate numbers."
Edited by techwriter
02/09/2016 8:26 pm
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Connor's Avatar
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 Posted 02/10/2016  10:46 am  Show Profile   Bookmark this reply Add Connor to your friends list Get a Link to this Reply
Thanks guys for this information. Very interesting. I would think by me having two of the same serial number that these would be somewhat rare considering they were issued. I doubt the true value would increase, but still pretty cool. I have about $80 in both notes including the grading fee for the graded one. I would have thought that these notes would have shown more wear since they had an earlier number but I guess not.
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techwriter's Avatar
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 Posted 02/10/2016  1:33 pm  Show Profile   Bookmark this reply Add techwriter to your friends list Get a Link to this Reply
Just an observation but I do not believe the PMG note is plate letter " F ", unless it was printed INVERTED. My thought is perhaps an " I ". Cannot be " J " since no notes were printed with that plate letter.
You might consider a review by PMG. I've not reviewed all possible calligraphy fonts available/used in those days but sure is worth another look.
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GregAlex's Avatar
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 Posted 02/10/2016  2:53 pm  Show Profile   Bookmark this reply Add GregAlex to your friends list Get a Link to this Reply
The PMG holder indicates "pp F" -- plate position F, and I would concur. It's just a funky gothic font.

As to why the sigs are different, they were signed by representatives of the treasurer. Perhaps one signed the A-D stack of sheets and the other signed the E-H stack.
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Connor's Avatar
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 Posted 02/10/2016  9:45 pm  Show Profile   Bookmark this reply Add Connor to your friends list Get a Link to this Reply
I think it may be and "I" as well. I found this picture on ebay and it appears to me that this is what a "F" would look like.

Question-About-Serial-Numbers-On-Civil-War-Era-Obsolete-Currency.
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techwriter's Avatar
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 Posted 02/10/2016  11:15 pm  Show Profile   Bookmark this reply Add techwriter to your friends list Get a Link to this Reply

Good research there Connor !
Nice note you found also.
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Connor's Avatar
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 Posted 03/17/2016  10:20 pm  Show Profile   Bookmark this reply Add Connor to your friends list Get a Link to this Reply
So I am bringing this thread back up because I have found another $2 note with a 11 for the serial number. The newest one has a plate letter of F just like the graded example I have BUT the new one has a different signature. I was onboard with the explanation of each plate letter could have the same serial number but now I have two #11's with same plate letter but with two different signatures. I'm confused.... How many possible #11's are floating around out there? I am posting some pics so you can see what I am referring to. Thanks for any help!

Question-About-Serial-Numbers-On-Civil-War-Era-Obsolete-Currency.

Question-About-Serial-Numbers-On-Civil-War-Era-Obsolete-Currency.

Question-About-Serial-Numbers-On-Civil-War-Era-Obsolete-Currency.
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Connor's Avatar
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2130 Posts
 Posted 03/17/2016  10:43 pm  Show Profile   Bookmark this reply Add Connor to your friends list Get a Link to this Reply
Thinking a little more about this...I guess multiple signers could sign notes on Plate A with Serial # 11 and so on through however many plates there are. There could be a lot of #11's floating around....
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