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 Replies: 9 / Views: 1,744 |
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New Member
United States
4 Posts |
This is my first post here, motivated by a $5 that I can't seem to find anything about... Last july, I was forced to pick up a job at a local gas station to pay my bills - As such, I handle quite a bit of currency and buy anything I find interesting out of my drawer as it comes along. I haven't found nearly as much silver as I had hoped for (10 years ago I got it in change all the time, but times are a changin), just 2 quarters, a dime and a nickel, but I've been pulling every bill I can afford.
Nothing is in great shape, but most are what I would consider above average for general circulation. My largest stacks are 10's and 5's, the oldest current $10 a '63 and $5 a '77 (iirc).
First question - What I'd like to do is try and pull from circulation at least one bill from every printing series of FRN's... This is primarly for my own curiosity, but given that these are circulated (some quite heavily), is there a collectors market for such a set?
Second - 99% of the $1's I come across are 2003 or newer...Mostly 2006... I know the schedule for destroying $1's is the tightest, so in theory old $1's should be rarer than any other denomination for a given time period... I've got a 77 and a couple 81's, along with some other dates - Going purely by dates and condition, are older $1's anything special?
Third - The $5's - I noticed a $5 that stood out one night, and comparing it to another I realized the problem - It was a 2006 with a 2003 "black and white" obverse on 2006 paper - Is this a misprint, or is it common? I've tried quite a bit of searching but not being a paper collector I'm not sure I used the proper terms... The second $5 is also odd, it's a 2006 that is dimensionally about %3 smaller than it should be - the watermark and strip are legit, but it seems like it is literally "shrunken" - However, there are NO breaks in the printing - washing machine perhaps? I've never seen this type of "shrinking" and simply find it quite odd...
...This was a long post, but as I'm not that familiar with paper money I thought I'd be as descriptive as possible. Thanks in advance for any answers... I'll probably be on this job for at least another year, so if anyone has any particular notes to be on the lookout for feel free to let me know.
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Pillar of the Community
3660 Posts |
The black & white note is most likely a counterfeit.
A 3% difference in overall size is not unusual (if you are able to accurately determine that 3% difference)..... no, they don't shrink in washing machines.... they are cut as such.
I do not know about the values of any of these notes or their scarcity... Some other folks will.
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Valued Member
United States
102 Posts |
Series 2006 $5's were printed in two versions, colorized, and non colorized.
The non colorized '06's will have serial numbers beginning with H (colorized note serials begin with I) and then the corresponding fed bank letter (HG, HF, etc) and look just like the older series (starting with series 1999) "big head" 5's.
While not accurate (seeing as some of the ink is green) I have heard of these versions being referred to as "black & white" since the new, colorized notes (purple 5's) came out within the same series.
These are quite common, and are not worth hanging onto, unless you happen to find one with an interesting serial number, or one that happens to have not seen much circulation.
Edited by jlg1130
01/17/2011 11:43 am
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Pillar of the Community
United States
1397 Posts |
Quote:
is there a collectors market for such a set? I wouldn't say no to that but most people that would want to buy such a set would prefer uncirculated notes, but don't let that stop you. I too come across a lot of different notes due to work related reasons and I am starting an ambitious project I doubt I will ever be able to complete, and if I did I doubt anyone would want to buy it. So in effect I am starting a near impossible project just for the joy of collecting. If by some miracle I could complete it the value wouldn't be monetary. |
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New Member
 United States
4 Posts |
Thanks for the quick responses... From what I've skimmed online, I'd assumed that I had nothing particularly special. As I said, I'm attempting to collect the 5 and 10 sets out of pure curiosity - it would only be an added bonus if someone else wanted them purely for what they (hopefully) will end up as...
The questions are on the 5's though are still essentially unanswered, so here goes... I'm currently sorting through my pile (more than just bills), and upon closer examination I can offer some more detailed observations;
1 - The "wrong" 2006 - My curiosity has more to do with the paper it's printed on... Hold a 2003 and a 2006 $5 to a light; Mine is a 2006 with a 2003 style obverse on 2003 paper - (strip position and watermark type/position)... This is what I was trying to ask - Is this anything special? Were the "old" 2006 5's printed on 2006 paper with a 2003 obverse, or were they printed 2006 and 2006? I'll be holding onto the bill as a conversation piece regardless of the answer, but just want an definitive answer as to what exactly it is...
2 - The "shrunken" bill, on closer examination, is indeed, "shrunken"... Side by side comparison with another 2006 bill, it is 2-3% smaller in all external dimensions to any other 2006 - If I can dig out my scanner, I'll show you what I mean - Cut size and printed image, it is consistently smaller than it should be - And from what I can tell, perfect in all respects. The watermarks and strip look legit to me - Which beg the question... Is this bill legitimately "shrunken" (I've no true hypothesis as to how), the first legitimate counterfeit bill I've come across, or a major screwup from the BEP?... I'm still betting on #1, though if it's a fake they did one heck of a job - absolutely perfect in every respect except for the size of their printed image...
...Again, I have no numismatic experience or real interset in collection of currency - But, ever the opportunisti, I'm trying to make the best of a bad situation and satiate my curiosity at the same time - If anyone has any further input it'll be greatly appreciated.
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Pillar of the Community
United States
1358 Posts |
Welcome to tbe forums!
As regards the 2006 five.. Is it purple?
If it is, the large watermark on the right side should be a five. On the older 'black and white' notes, which include the h-series 2006 notes, the watermark should be abraham lincoln.. If your note does not fit this description, it may be some kind of error..
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New Member
United States
4 Posts |
Wow you guys are quick;
The watermark is definitely lincoln, horizontally printed strip (as opposed to the "new" vertical style), serial HG-80769306-A... It is most definitely a 2003 paper with a "series 2006" mark... Genuine error or am I just getting my hopes up?
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New Member
United States
4 Posts |
...Misread your post; No, it's not purple, it's the "old" obverse... Guess I got a little excited and the mental dislexia kicked in.
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Valued Member
United States
102 Posts |
Quote:
The watermark is definitely lincoln, horizontally printed strip (as opposed to the "new" vertical style), serial HG-80769306-A... It is most definitely a 2003 paper with a "series 2006" mark... Genuine error or am I just getting my hopes up? As I explained in my previous post. The 'series 2006 5's were printed in two varieties. Colorized, and non colorized. Colorized also being referred to as "Purple 5's", with serials beginning with I, and the non colorized, or "black and white", with serials beginning with H. What you have is a non colorized series 2006 5 dollar note. It is not rare, and it is not an error. They are quite common, and unless it's seen very little circulation, or has an interesting serial number (yours does not) than I wouldn't bother holding onto it. Also, the term "series 2003 paper" in incorrect, as all 5 dollar notes, from series 1999, to early series 2006 looked exactly the same.  Edited by jlg1130
01/18/2011 3:02 pm
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Valued Member
United States
176 Posts |
 colorized 2006.  "black and white" 2006. |
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Replies: 9 / Views: 1,744 |
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Posted 01/17/2011 11:42 am
