1929 $10 Painted Post, Ny, The First Nb, Serial Number 1

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Author	Replies: 19 / Views: 3,048	Page: of 2
shotgung Pillar of the Community United States 1101 Posts	Posted 05/15/2018 10:05 am Check out this beauty. Report this Post to the Staff

chafemasterj Pillar of the Community United States 6514 Posts	Posted 05/15/2018 10:25 am I've never seen a number 1 on any bill. Awesome! Check out my counterstamped Lincoln Cent collection: http://goccf.com/t/303507 Report this Post to the Staff
SteveInTampa Pillar of the Community United States 4637 Posts	Posted 05/15/2018 10:30 am Awesome $10 serial #1 Shotgung. Excellent grade on this Steuben County note that sold (ungraded) some 15 years ago for over $3K. Paper Money Magazine (SPMC) has an interesting article in the latest edition about George Blake. Seems like George had a voracious appetite for serial #1 notes, and solicited bank officials across the country asking them to sell him their serial #1 sheets. There's a good chance George Blake might have once owned this. Report this Post to the Staff
shotgung Pillar of the Community United States 1101 Posts	Posted 05/15/2018 10:35 am The bill isn't mine and it's still on auction but I don't really have the extra grand to drop on it. Cool bill though. I'll have to check that article out too Report this Post to the Staff
HoboNickelCarver Pillar of the Community United States 717 Posts	Posted 05/15/2018 10:51 am Looks great! Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 05/15/2018 3:46 pm Nice note for sure - according to Kelly, all 6 $10 serial number 1 notes for this bank were saved in CU condition. Report this Post to the Staff
shotgung Pillar of the Community United States 1101 Posts	Posted 05/15/2018 5:31 pm Wow, so that's one of six huh? Probably go for a bit I'm sure Report this Post to the Staff
MeadowviewCollector Pillar of the Community United States 4409 Posts	Posted 05/15/2018 7:52 pm Kelly census also lists the number 1 sheet for Series 1929 Type 1 $5's. The #1 type 2 is also known for the $10 denomination. The A position note was sold by Lyn Knight in 2012 for $2,760 The B position note was sold by Lyn back in 2004 for $2,990. In the description it mentioned the note was graded as Gem CU-65 by CGA The D position note was sold for $2,760 in 2005 by Lyn Knight Here is an uncut sheet of Type 1 $10's which was how these were shipped to the national banks https://currency.ha.com/itm/nationa...tion-071515# Edited by MeadowviewCollector 05/15/2018 8:21 pm Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 05/15/2018 8:32 pm MV - Thanks for that, very interesting as always. Always surprises me how much #1 notes bring, even when there are multiple prefixes known as here. Always raises the classic question: Would you rather own a #1 note on a giant bank where there are few if any others known, or would you rather own a #1 note on a tiny bank where there were a half dozen or more known? Report this Post to the Staff
shotgung Pillar of the Community United States 1101 Posts	Posted 05/15/2018 9:07 pm I don't know coinfrog. Can I own both? I think having one of six in the world from a tiny bank would be more meaningful to me than having one from a larger bank. Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 05/16/2018 10:24 am If you insist, OK, you can own both! To clarify, this is one of six different $10 notes from this bank which all carry the serial number 1 - there are far many more than 6 notes total known for the bank. Edited by Coinfrog 05/16/2018 12:58 pm Report this Post to the Staff
shotgung Pillar of the Community United States 1101 Posts	Posted 05/16/2018 1:33 pm Got it coinfrog. I read a bit about that series so there would be: A000001A B000001A C000001A D000001A E000001A F000001A Is that right? Then A000002A and so forth? Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 05/16/2018 6:58 pm Correct! The OP's note is a Type 1 note - this system changed with the 1929 Type 2 notes, where the only number 1 note would be A000001 for each denomination. Edited by Coinfrog 05/16/2018 7:03 pm Report this Post to the Staff
MeadowviewCollector Pillar of the Community United States 4409 Posts	Posted 05/16/2018 7:53 pm Quote: Would you rather own a #1 note on a giant bank where there are few if any others known, or would you rather own a #1 note on a tiny bank where there were a half dozen or more known Tough question. I'd say leaning heavily toward one from from a tiny bank even if there were more known than on a larger bank. My focus has always been on smaller banks. -MV Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 05/16/2018 8:49 pm That makes sense in this particular case - according to Kelly, there are 13 different serial number 1 notes known for all denominations from this picturesque small bank, but that is just shy of half of all notes recorded! Report this Post to the Staff
shotgung Pillar of the Community United States 1101 Posts	Posted 05/17/2018 06:50 am Coinfrog, can you link the site Kelly, you are referencing please? Thanks Report this Post to the Staff
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