There are no hard-and-fast rules. It's pretty straight forward, you pick a district, a range of notes and try to collect an example of each Series within that district of Federal Reserve Notes. As you can see from the list most have identified a range of Small-size notes (most are not including Large-size FRNs) and the various denominations they will include, plus or minus 'star' notes. For example, it could be: $1 - $20 (denominations) small-size Federal Reserve Notes, Series of 1928 to Present Series, including ★ (star) notes. -or- $1 - $100 (denominations) small-size Federal Reserve Notes, Series of 1928 to Present Series, not including ★ (star) notes. Most people are not including an example of each district of each Series from Series of XXXX to Present... but one could. It is a serious challenge and expense to collect one of each of just one district. If you can that's just great! but there are keys within each district that present significant financial challenges if you are really trying to achieve all examples. Some people do collect that way, but this group is a bit more narrowly defined and trying to divide up amongst members the task at hand. Others may have a special reason that they prefer just one district if it appeals to a theme in their collection. You need to decide what appeals to you and what you like to collect.
Ok thank you. I understand. I think I might start by getting a set of $1 notes from all 12 districts. Depending on money I can go from there. I was looking at the $5 number notes of 1928 and to have all 12 of the $5 notes would be a huge expense.
I am actually doing $1 - $10 from 1914 to current. Stars I have only done $1 and $2 though. Zeplyn-The plus with picking a certain district is that you have a range of years to look for. For example--- I am currently looking for SF $5 bills (for this example I will list uncirculated prices), I am looking for a 2003 that might cost me $15 (3 times face value) I am looking for a 1977A that might cost me $35 (7 times face value) I am looking for a 1928 that might cost me $200 (40 times face value) I am also looking for a 1918 $2 note that would cost $2500! (not going to buy that high of a grade) If I am currently short on money I can look for more current dates, if I have extra money I can look for older dates. It makes the hunt a little more flexable based on my current situation.
Revised 2011 District Currency Collectors Group 1 A Boston: 2 B New York: RickieB $1.00 • $1000 Series 1928-2009 and ★ notes [Whether active or inactive with his set, RickieB will always take the honorable position in the NY district!] 3 C Philadelphia: Swish513 • $1 - $20 1928 to present and ★ notes 4 D Cleveland: Pennywise • $1 - $100 1928 to present and ★ notes 5 E Richmond: beef1020 • (what range of notes are you collecting?) 6 F Atlanta: GrimReaper • $1-$20 Series 1928-present and ★ notes 7 G Chicago: urbanchemist • Denoms $1-$100 Series 1928-2009 and ★ notes 8 H St. Louis: Krispy • $1-$20 Series 1928-present and ★ notes 9 I Minneapolis: 10 J Kansas City: Duke Kavanaugh • $1-$20 Series 1928-present and ★ notes 11 K Dallas: 12 L San Francisco: camlov2 • $1-$10 Series 1914-present without ★ notes [$1-$2 with ★ notes]
Just Boston, Minneapolis and Dallas to fill up. NICE. And for those wanting in that have district's taken I'd say we can double up on them no problem if someone wanted.
Well I liked Krispy's banknote so much that I went searching on the web for one similar. I found one from the Philidelphia Bank of the same series 1934. I paid $48 for this which to me is not so bad. Compared to the numbered notes I have seen for a few hunderd dollars, I can live with this one. It is my first $10 banknote and I like it very much. What do you think? Also I have read on some of the threads here that the Guide Book to US Paper Money by Whitman is an ok reference. I picked up a copy at Barnes and Nobel for $19.95. Any other book that may be a good reference that you can share? I have also tried to attach my first picture as I read where Krispy and MPCUSA has made reference to photobucket for a free account to upload images to. It seemed pretty simple I hope it worked.
I like it! Sounds like you had fun searching for the note, did well for the price at the condition the note is in, made a very key and important decision to buy a guide book and figured out Photobucket and posting pics to CT perfectly. Congrats all around! :thumb:
Thank you. I copied the sellers picture as I do not have the banknote yet. Was excited to try it. Hope I do not get in trouble? Photobucket is really pretty easy to understand. The prices in the book are not very good it seems. What is the best way to know current pricing?
You are correct, the guide book values are of little to no use, most don't adhere to them except in giving the most general idea about value. The best way to get a sense for current market value is to follow completed auctions on eBay, you can search them in the Advanced Search page by selecting the 'completed auctions' filter. Another excellent resource is Heritage Auctions. You can set up a free account with them and get access to the whole site and resources of HA. Once on HA, go into the category of auctions that interest you, Currency in this case. Search for what interests you and look through the 'Auction Archives', where you can see prices realized. You can use these resources then to get a better ballpark idea of current market values.
A $20 1934 Cleveland Banknote in great shape. I had already counted it when I got an email saying it had been sold. I was sad and frowning.
I am trying to balance two hobbies and currently the other one is winning. The last few notes I have picked up have been National notes for a local bank so they have taken all of the available funds. That and the fact that it is near impossible to find the five dollar bills that I still need.