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 Replies: 13 / Views: 2,177 |
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Pillar of the Community
United States
4692 Posts |
Lower serial numbers from this series, have a significance because (if my memory is correct) they were released in Puerto Rico and it is a very small fraction of the number printed. Collectors tend to like unusual aspects like this. It is documented which serial numbers this pertains to, but I can't find my reference book right now, but this is one of them. Perhaps you've learned something today!  |
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Bedrock of the Community
United States
94367 Posts |
Right, the large majority were not released until 1948-49, and then in Puerto Rico to minimize "sorting problems" on the mainland, which employed primarily blue-seal silver certificates. I always wondered why the yellow and brown seal WWII $1 notes wouldn't have caused similar difficulties, but who knows. They are readily available in any grade but fetch a relatively high price because of their status as a one-year type note. Yours is a nice low serial number for sure, congrats!
Edited by Coinfrog
07/21/2018 6:03 pm
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Pillar of the Community
 United States
4692 Posts |
It seems I got my story a bit backwards. The first 5,000 were released in the US in 1933 during the heart of the great depression, and the rest released in Puerto Rico in 1948-1949. So that is why S/N 1-5000 are somewhat of a collectible in their own right. It is noteworthy that S/N 1-120 were issued in uncut sheets.
Edited by jimbucks
07/21/2018 6:22 pm
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Bedrock of the Community
United States
94367 Posts |
It is my understanding that all but 8,000 were issued between November, 1948 and April, 1949, but perhaps there was an intermittent small release. In any event, yours is a super low number. I would appreciate your source reference on this interesting issue!  Edited by Coinfrog
07/21/2018 7:13 pm
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Pillar of the Community
United States
4692 Posts |
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Bedrock of the Community
United States
94367 Posts |
Thanks for the links. Given the choice, I would rather ask an expert than Google. This is why I enjoy the CCF.   Edited by Coinfrog
07/21/2018 7:53 pm
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Pillar of the Community
United States
4692 Posts |
I didn't want to do it, I really didn't, but you made me post this pic.  |
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Bedrock of the Community
United States
94367 Posts |
OK, you win!  |
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Pillar of the Community
United States
4692 Posts |
Quote:
OK, you win! Good, you didn't really want to see my star note anyway. |
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Bedrock of the Community
United States
94367 Posts |
I apologize for somehow turning this into a two-horse race, I was just having fun. I am sure jimbucks owns this one. Last post. |
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Pillar of the Community
United States
4692 Posts |
There seem to be only 2 horses on the track anyway!
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Pillar of the Community
United States
959 Posts |
Maybe Coinfrog doesn't, but I do jimbucks......
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Pillar of the Community
United States
4637 Posts |
Some reference books show 5,000 notes released in 1933, and some show 8,012. Most agree with the 5,000 number because of the absence of notes numbered 5001 through 8000. The vast majority of the early released notes were kept as keepsakes which is evident by the fact that less than 5% of low numbered notes are circulated. One of the most extensive articles I've read recently is in the SPMC's September-October (1980) Paper Money journal. The article list 11 uncut sheets of 12 notes. The first 10 sheets were numbered A00000001A - A00000120A. The 11th sheet was the last sheet printed numbered A01872001A - A01872012A and given to a VIP that presumably was unable to get one of the original first 10 sheets. The first and seventh sheet have been cut. The number one note was originally given to then President Franklin Roosevelt and now resides in the Smithsonian Institute. This note is from the 15th sheet.  |
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Bedrock of the Community
United States
94367 Posts |
Thanks for that, very interesting!
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Replies: 13 / Views: 2,177 |
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Posted 07/21/2018 6:17 pm
