secrets from a MPC collector revealed!

Discussion in 'Paper Money' started by mpcusa, Jun 23, 2013.

  1. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Here,s a tip from an MPC collector and dealer you might want to follow in the future when looking for a certain mpc note,s or series for that matter, i have found an interesting
    Trend especially in the Series 681 $10 bill, i have also found the same on the $20 in which i will share at a later date know back to it, you will notice the following note
    It,s my Series 681 $10 in PCGS 69PPQ 1 of 1 in the highest grade plate# 19 or position # 19 would also be correct this is the number right above each serial number
    Here is the interesting data i have collected:

    COO151661C (PLATE 19) 69PPQ
    COO151106C (PLATE 19) 68PPQ
    COO151665C (PLATE 19) 68PPQ
    COO151674C (PLATE 19) 68PPQ
    COO151699C (PLATE 19) 68PPQ
    COO151656C (PLATE 19) 68PPQ
    COO151493C (PLATE 19) 68PPQ


    Since there our several position numbers for each note i find the above trend amazing! i cant tell you why but it,s there just the same you will notice first right off the bat
    These are all position 19,s two of these notes the 69 i have now and a previous 68 are also listed plus the additional research on the others to confirm plate and serial
    Numbers so what,s the connection? there are no other position numbers graded past a 67 i could have missed one or two down the line but there,s an obvious trend
    Here that cant be ignored position 19 is the one to have when seeking a gem series 681 $10 it,s as simple as that! highest grades obtainable!

    Next thing is the serial number, you will also notice the first 6 digits are the same the lowest after that would be 1106C (last 5 digits) the highest would be a 1699C
    So finding something in that general number should get you a superior note provided it is gem and raw the way it came right out of printing.











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  3. funkee

    funkee Tender, Legal

    Thank you for this! There's definitely a trend but there's no guarantee it will grade that high. This one falls into your criteria but only made 66PPQ:

    681_10.jpg

    This one a 67PPQ:

    $T2eC16hHJHIE9nysfptKBRS2zy2sWQ~~60_57.JPG

    Still these are all excellent notes. According to PMG this was the first printing. Perhaps that has something to do with the high grades.
     
  4. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"


    I think this would be more the exception then the rule, in addition we would have to know if it,s been mishandled in anyway before the grading
    Process, the front looks really good to me as far as centering do you happen to have a scan of the back to share? if the centering is close to
    The front then the grade would have been affected by an outside source and would not be part of my research above we our talking prestine
    Condition!
     
  5. lettow

    lettow Senior Member

    First, this is a position number not plate number. MPC was lithographed not intaglio printed. The number represents the position on the sheet as it was numbered. The higher denominations were printed in sheets of 100 which were cut in half for numbering. The position numbers went like this:

    1 6 11 16 21
    2 7 12 17 22
    3 8 13 18 23
    4 9 14 19 24
    5 10 15 20 25
    26 31 36 41 46
    27 32 37 42 47
    28 33 38 43 48
    29 34 39 44 49
    30 35 40 45 50

    MPC was printed in units of 8000 sheets. The notes MPCUSA has studied are all from the same unit. Most of them are from the same pack of 100 notes. These were likely purloined by someone on a destruction team after the conversion to Series 692. The MPC database includes at least 10 other notes from this same pack all except one has an UNC grade.

    It is no surprise that they have the same centering because they are in the same position on the sheet and these sheets were all cut at the same time.
     
  6. funkee

    funkee Tender, Legal

    66:

    681-66-back.jpg

    67:

    681-67-back.JPG
     
  7. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    As always great information, thanks Jim :)
     
  8. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"


    Could you please post front and back side by side so that i can examine both the 66 and 67 since there from different TPG,S your going to have slight matters
    Of opinion based on what i see and from my own experiance,s the PCGS note seems to be under graded based on centering
     
  9. lettow

    lettow Senior Member

    There was only one printing of 3,200,000 Series 681 $10.00 notes.
     
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