Paper Money: New Acquisitions

Four notes plucked out of circulation. A couple of lower serial numbers, a web note and a 1969 star.

 

Log in or Sign up to hide this ad.

Very nice notes. One question. What is a web note.

 

Your answer can be found here; http://www.uspapermoney.info/general/webs.html

 

Wow, where do you do your shopping? I need to go there and just buy a pack of gum with a 50. Very nice.

I'm Pretty sure that 1969 would bring about 50 bucks, if you ever sold it. There were only 416,000 of those printed for Philly in that series. I get excited even if I get a 2009 Washington printed note, and yours has a stellar serial no.

Did you get all those keepers in one day?

 

Not money, but pretty cool paper item. At my friend's place this hangs on the back door.

 

Hi! I work retail and I go through all the bundles we get from the bank. Those notes are from several bundles I looked through.

 

Low Serial Number
High Grade
Series 1963A

 

Nice, Ive got one in the C-A block, but yours is worth quite a bit more. If I remember correctly it is worth 2x as much. Actually much more with that awesome serial number.

 

1950 Wide Ten Dollar Bill
My Newest Item
PCGS 65PPQ

 

Got 2 new notes in the mail at work. The 1st one is a 1995 2 dollar Boston millennium note! The second a 1957 Silver Certificate Star Note. This makes the weekend!

 

Nice additions @ValpoBeginner .....wondering why the GEM
SC didn't get a "PPQ" designation.

 

Thanks, I'll try logging on to PCGS to find out why this is so.

 

Since there was no year zero, 2000 was the last year of the 20th century. Not the first of the 21st. Note seems crisp and it is a star. If you are happy with it, that is the important thing.
On the SC, hard to tell from a photo. Is it premium paper quality? Does the 65 automatically make that so?

 

PMG automatically adds EPQ to notes 65 and above, but PCGS will grade a note 65 without the PPQ.....meaning it may have been ironed or something else about the paper that disqualifies it from the designation.

 

No.... Maybe it used to be, but all my other notes in the PCGS registry have the PPG Designation, including those 65 and over.

 

As far as the Millennium note goes the Treasury issued 9,999 notes per Federal Reserve District (with the exception of ATL) in 1995 and called them Millennium notes.

 

You can see the seal impression from the 3rd printing on the silver certificate. Not ironed.

The Millennium notes in Choice CU condition from Boston can bring in as much as 75 dollars.

 

So it could be that this note did not receive the Premium Paper Quality award because its ink wasn't quite bright enough.

If it were ironed or restored in anyway it would have recieved an "apparent" grading.

 

From the PCGS Currency website;

To distinguish notes that bear all the hallmarks of complete originality and outstanding paper quality for the grade, we will affix a “PPQ” (Premium Paper Quality) designation to the grade (e.g.: “Gem New 65PPQ”). These are notes that bear no visible evidence of restoration and that retain all signs of fully original paper quality, such as paper wave, embossing, and bold ink color and eye appeal. “PPQ” notes should also have above average paper for the grade that is free of defects such as tears, pinholes, or other problems. This is not done to penalize those notes that are not fully original, as many are very collectible and highly valuable. Instead, this system is designed to reward those notes, both circulated and New, that possess premium paper quality and complete originality. It should be understood that even though a note may be fully original and free of any restoration, it still might not qualify for the “PPQ” designation.

I don't know why your SC didn't get the designation, but it didn't. I've seen it before but it is unusual.

You could cut it out and try PMG, but since you mentioned a registry set you must be in the PCGS camp....and it's not a very rare or valuable note.

 

I could, but am not into PMG as much as PCGS. And then the issues.....

First problem.... bills and banknotes, as opposed to coins, have serial numbers.....And since I bought this from ebay it could be tracked if cracked out and resubmitted. I wonder if they cross reference serials across corporate boundaries....idk..... But if it worked 'm sure that the grade would come back as 66EPQ. I think with PMG, their focus is on the fancy stuff, their website, their holders, and their customer' s repeat busines. In other words, I believe that PCGS has better paid, highly qualified, and more objective graders. But many people, dealers assistants mostly, I've talked with at shows use PMG because they have a reputation of giving out higher grades. But if you talk to the collectors they appear to be mainly PCGS collector customers. Once I sat at the PCGS booth at a show chatting with attractive young woman for two hours, while people came to get their graded notes that they submitted. Their was no one picking up more than 3 notes, and most just got one or two graded at the show. This was the last half of the last day of the show and she was busy, so I probably saw about 15 or so people picking up their notes.
Im pretty sure that most were hobbiests like me, and not dealers.

After all it is a busines, and more customers making more money off selling their higher grade notes, means that more business comes their way from the majority of the note submitters, the dealers, who get more notes graded than anyone else.

On the other hand........ I do like some things about PMG better.

The most important thing I like better about PMG is their holders, with the exception of them not putting the plate numbers on them. I like the way that the edges are sealed by that distinctive crimp and also their ultra violet detectable PMG logo. Please let me know if I am wrong, but I believe PMG actually seals the note all the way around, so it's airtight, thus starving the note of air, which I've been told is somehow not good for the note. PCGS has a special plastic for their holders and on the tape across the top they do not seal the edges so the note can breathe. But PMG's holders are more stylish, and they always fit into my BMG pages in my Album.

Boy, I guess I needed to really get that out! went on and on.., but it's not Gospel, just my opinion...... hope that someone can give me an opposing viewpoint on PMG and PCGS, Id like to know more about PMG fans.