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Primer On Currency Values.

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Valued Member

United States
320 Posts
 Posted 04/28/2011  12:32 am Show Profile   Bookmark this topic Add Secret Argent Man to your friends list Get a Link to this Message Number of Subscribers
OK, so my grandfather passed a few months ago, and while I have already assisted in the process of valuing his coin collection, lo and behold when they opened his safe deposit box there is apparently a "good amount" of currency too. I am told it is silver certificates, ranging from $1-100 face value, and then one large note. That's all the details I have, I don't know dates, series, anything.

Question is, and pardon me that it is rather broad, but is there anything of special value I ought to be looking at? I have minimally dabbled in currency before, so I know about radars, stars, red vs blue, and 1928 being good... and of course condition...but is there anything else? Any other primers that I should look for?

I'm going to try to help the family get them appraised and would like to be able to reasonably ensure the value is in the ballpark. Also when working with someone who is knowledgeable in a relatively obscure field, and one I am interested in to boot, I like to make small talk with the expert. I usually find it informative and occasionally beneficial to do so.
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eric273's Avatar
United States
289 Posts
 Posted 04/28/2011  12:33 am  Show Profile   Bookmark this reply Add eric273 to your friends list Get a Link to this Reply
Anything very old... and in good condition.
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peteramadeus's Avatar
United States
79 Posts
 Posted 04/28/2011  01:01 am  Show Profile   Bookmark this reply Add peteramadeus to your friends list Get a Link to this Reply
Low serial numbers are always desirable.

A good way to get an idea of real values is to look for completed auctions on ebay that actually sold for similar notes. It's a good way to gauge what you can realistically expect to get should you decide to sell anything.
Edited by peteramadeus
04/28/2011 01:03 am
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Ceylon62's Avatar
United States
1285 Posts
 Posted 04/28/2011  06:08 am  Show Profile   Bookmark this reply Add Ceylon62 to your friends list Get a Link to this Reply
Here is how I would break the series years out -- 3 Groups.

Pre 1928

1928 to < 1963

1963 to Date

Set aside stars, Fancy serial numbers, errors and notes in sequential order, larger denominations (2 and up) separate.

One thing though -- Make sure the person you are dealing with is well aware of Block and Run combo's of Notes. There are some rare blocks etc and, most are not aware of these facts.

Good luck.

Valued Member
United States
320 Posts
 Posted 04/28/2011  3:20 pm  Show Profile   Bookmark this reply Add Secret Argent Man to your friends list Get a Link to this Reply
I googled a bit and hadn't come up with much but the term "rare block" seems to give a lot of results. Not sure I understand them, but that's on me.

Now I know why I prefer coins... A coin dated 1942 was minted in 1942. A key date is a key date... sems a lot easier bu maybe it's just because that's what I'm familiar with.
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