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Newbie Question

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Valued Member

United States
439 Posts
 Posted 09/18/2010  07:13 am Show Profile   Bookmark this topic Add monkeyman67 to your friends list Get a Link to this Message Number of Subscribers
I am new to collecting and to the site. I have a question about how you look over your notes. I have been reading these posts to see what everyone looks for in there notes. The problem is I keep going back to the same notes over and over to look for something I did not look for the first time. Is there a specific order in which you review each not so as not to miss anything. Such as Date, then SN, then if it is a Web, then a Barr, etc?
The more I read the more I seem to have missed.
I got some 1950 $100 bills and a 1950 $20 bill at the bank and I am hooked. I really like it.
Sorry for the length.
This is my first post.
Valued Member
United States
176 Posts
 Posted 09/18/2010  09:52 am  Show Profile   Bookmark this reply Add iamkayelem to your friends list Get a Link to this Reply
First and foremost...

The great thing I've found about collecting is that you can collect whatever you want! Something may seem very appealing to you but not as much to someone else. If you like it, that's all that matters.

Generally, notes have more value the smaller the print run is and the better the condition is. There will be a huge difference in value from a note that is uncirculated to a note that is less than very fine.

I personally check the serial first, because there are a lot of things to look for, i.e. radar notes, repeaters, solids, binomials, ladders, etc. Here's a decent link on fancy serials: http://www.iccurrency.com/ref_fancy.htm

Then I'll look at the date, but the design of the bill is obviously what you see first and that will give you a general range without even looking at it.

The "Barr" notes you mention are the $1 1963B series and refer to Joesph W. Barr, Secretary of the Treasury for less than 1 month! People always thought these would be worth a lot, but have yet to really increase in value.

Web print notes are denoted by the small number on the back of the bill being located next to "in god we trust" rather than below the E in "one". Or, on the front of the note, where there is usually a letter next to a smaller number, there is just a number. This began with the 1988A series and were also printed in 1993 and 1995. Here's a good link on those: http://www.webpressnotes.com/webnotesinfo.htm

The 1950's series are quite popular, so you're off to a nice start! Don't worry, you'll catch on rather quickly, I did. I obviously don't know everything, but the more you find out, the more interesting it is. Good luck!
Edited by iamkayelem
09/18/2010 10:17 am
Valued Member
bvalania's Avatar
United States
458 Posts
 Posted 09/18/2010  12:14 pm  Show Profile   Bookmark this reply Add bvalania to your friends list Get a Link to this Reply
I start my stack or brick upside down with the backside facing me. I check backplate for 295 error and web notes. Flip it over, check series, serial, and high block letter/star. Any older series or stars I then set aside and refrence websites or a book to see if they are any low print runs. I found this to be the best way for me to search quickly and not miss anything.
Pillar of the Community
3660 Posts
 Posted 09/18/2010  12:40 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
You are speaking strictly of 'circulated' stacks and bricks right, bvalania?
Valued Member
bvalania's Avatar
United States
458 Posts
 Posted 09/18/2010  1:38 pm  Show Profile   Bookmark this reply Add bvalania to your friends list Get a Link to this Reply
Yes only circulated...
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Nickelman's Avatar
United States
1397 Posts
 Posted 09/18/2010  10:29 pm  Show Profile   Bookmark this reply Add Nickelman to your friends list Get a Link to this Reply
I probably have the least to say when it comes to relevance than most people here. The reason why is because I usually don't have the time to "look over" the notes. I do purchase notes just for myself to look over, but normally am doing it for work related reasons. I have had to train myself to do it at slow, medium, and high speed... usually med to high.

One thing I do is always count the same way. I turn every note so it is face up President looking to my Left (I do this as I count almost as fast as most people can count without doing it). I look at the serial number, but can also see with my peripheral vision the signature and the position number.

At medium speed I am counting at about 2 to 3 notes per second. By seeing the serial I can look for any fancy number and block letters, by seeing the position number I can look for web notes, and by seeing the signature I can look for web notes, old notes, Barr notes, etc. Yes I have memorized the pattern of many signatures.

When I see something that catches my eye I will flip it out instead of passing it to my other hand so it lands on my desk and continue to count. I examine the kicked out notes later.

I know my method misses things I would like to catch, but it catches more than you would think.
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 Posted 09/18/2010  10:38 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply

Quote:

At medium speed I am counting at about 2 to 3 notes per second.


Wow Nick,.......That is amazing.......Maybe if I stopped chewing gum at the same time, I might be able to count faster. There are just certain things I cannot do while chewing gum.......Walking, thinking, driving, etc......I can't even 'imagine' counting while chewing.
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Nickelman's Avatar
United States
1397 Posts
 Posted 09/18/2010  10:45 pm  Show Profile   Bookmark this reply Add Nickelman to your friends list Get a Link to this Reply
It sounds faster than it really is. If you don't believe me try it sometime. A second is slower than you think when doing a repetitive action.
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 Posted 09/18/2010  10:51 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
Yeah, I know Nick......I was only joshin' with you. I actually can walk and chew gum at the same time too........Sometimes I get a little confused though and try to take two steps with my left foot without alternating to the right foot, but I usually don't fall down too often.

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Nickelman's Avatar
United States
1397 Posts
 Posted 09/18/2010  11:36 pm  Show Profile   Bookmark this reply Add Nickelman to your friends list Get a Link to this Reply

Quote:
but I usually don't fall down too often


One of my friends young son used to fall down a lot. They made a cushiony headband they made him wear to protect his noggin. Perhaps I could get them to make you one too?
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3660 Posts
 Posted 09/18/2010  11:49 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
Thanks, but I don't think that will be necessary. I have heard about these cigarettes that will help me quit chewing gum.........(or was that the other way around)? I have hit my head so many times from falling down that I just don't remember. Nice note though.

Ooops, I guess you didn't post a note did you? Time to spit out the gum anyway.
Edited by zeewool
09/18/2010 11:53 pm
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vermontensium's Avatar
United States
16679 Posts
 Posted 09/18/2010  11:59 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
I'm not really a note guy. I have a $10 and $20 Confederate States and a $5 Hawaii and a North Carolina Bank note (crisp). Other than that, I Just wanted to say welcome :-)
swcoin.ecrater.com
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Nickelman's Avatar
United States
1397 Posts
 Posted 09/19/2010  12:49 am  Show Profile   Bookmark this reply Add Nickelman to your friends list Get a Link to this Reply
@ monkeyman67

It's all just about learning and searching. Yes you miss some, but learn adapt and have fun. My day is made more than often by just finding a new fancy. I carry them home like a warrior returning from the hunt and proudly display them to my GF who is less than impressed. So I then post them here where people will actually appreciate them.

@ zeewool

You are in rare form today... that last post was actually funny.
Valued Member
United States
439 Posts
 Posted 09/19/2010  05:38 am  Show Profile   Bookmark this reply Add monkeyman67 to your friends list Get a Link to this Reply
Thank you guys. I went through 500 $1 and found 2 *'s.
I was 1 digit off on a rader. I got the $1 so I could get more bills. Are the higher $ bills worth more, beside face of course?
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 Posted 09/19/2010  10:02 am  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
No, I think that (despite logic), the $1 note remains the most popular denomination across the board. The $1 note is printed in astronomical numbers, which many perceive as an greater opportunity to make a find. It also costs less to purchase (relative to a stack of $5 or $20 notes), so the accessibility for most folks is there.

Valued Member
United States
439 Posts
 Posted 09/19/2010  10:09 pm  Show Profile   Bookmark this reply Add monkeyman67 to your friends list Get a Link to this Reply
I went to the bank for my bills. Some of them were ratty. Is it best to ask for uncirculated? I also felt like a jerk returning 500 bills and asking for more. The guy had to recount them all by hand. Is there another way to handle this? Is the bank the best place?
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