other than fancy notes are there any collectible ones from certain places?

are there notes that they make less of that are collectible? is a boston note worth more than a cleveland? or an atlanta worth more than san fran? those are just examples to try to get my question right. have not learned the lingo yet.

 

Log in or Sign up to hide this ad.

All notes are collectible if you buliding a collection. You will need the common ones along with the rare ones.
Bill Collector

 

I just want to find ones that are appealing to collectors so I can sell them and my error coins I find so I can work on my wheat cent set.

 

I get it now, well check out the Wanted section of the forum, if you have any of the curerency that I'm looking for on my want list I have a compleat wheat cent set from 1909 to 2000 and all coins are in great condition, only one missing is the 1909-S VDB. Maybe we can do a trade. E Mail me if your interested.
Regards
Bill Collector

 

It all depends on the BEP figures for the notes that are printed. Generally star notes are rarer than usual blocks (and some more so than others for the blocks and stars), but generally not any more rare than others with each series. You just need to keep checking the production numbers and hope that you get lucky!

 

certain places = districts (there's the correct "lingo")

Buy the most recent editions of the Red Book of US Paper Money and and Standard Guide to Small Size paper Money - you can get them both from amazon shipped for under $40 total. These will give you pretty much all the introductory info for identifying your notes, their general rarities and their relative retail values. Check eBay completed listings for realized/sold values.

 

Back in the old days there was a saying, "You can't tell the players without a program". This was because professional athletes did not have names on the back of their uniforms, only numbers. If you are serious about collecting paper currency, I highly recommend buying a guide, or two. As an example, I will post a normal looking, modern-era, $1 Federal Reserve Note (non star). Tell me what you think it is worth.



It looks just like any note you might have in your wallet. Not a star, or fancy serial number.....just uncirculated and well centered.

 

I'd like to take an educated guess - A 66 in a PMG holder went for $1,300 in 2009 - so this is probably in the $2K range since its probably a top pop/finest known?

 

HOLY SMOLY! Is that your note, Steve? WOW.

 

I have several programs. I'll render a guess and say $10.00.





But based on the previous responses... I'm probably missing something obvious. Is it a scarce block or something? Care to enlighten us?

 

I guess my point in recommending " a guide or two " is that when I first started collecting I bought Whitmans The Official Red Book, A Guide Book of United States Paper Money, (Arthur & Ira Friedberg) I noticed it didn't have enough detail about what I was collecting. It's not until I bought the Standard Guide to Small-Size U.S. Paper Money (Schwartz, Lindquist) that I got the real picture of short run stars and obscure, small print run blocks within a Friedberg number. The note I imaged had a miniscule print run of 3,200,000, even less then the Kansas City Star, and was predominantly distributed in rural Mississippi, and virtually disappeared. Serious collectors use many references and tools. I mostly collect small-size notes and have 6 different guides and I am always checking the Heritage Archives for past auction results.

I won the note in Spink-Smythe Auction 2 years ago, and I value it around $1,800-$2,000. It's rated as the #1 rarest non-star small-size $1 FRN in Robert Azpiazu's collectors guide....another guide serious collectors should have.

 

Very nice note Steve!! Wow, I may need to start looking at those seriously low print run notes you mention here and there.

 

I was looking to buy the Schwartz/Lindquist guide for some time, but read reviews that it contains a very large number of errors in print runs and missing items.

 

I currently use the 9th Edition and make a lot of notes and use check marks throughout the guide. I bought the 10th edition and noticed that the great majority stayed the same, and didn't want to transfer all of the notes and check marks, so I gave it to another collector......and my 9th Edition is autographed by Scott Lindquist. (met him in Tampa at FUN)

 

Some, but that's going to be true (to some extent) of any reference you use. S&L has some glitches, but it's not bad overall; it's gone through enough editions that most of the errors have gotten fixed, at least in the heavily-used sections like the $1 FRNs. Certain specific areas aren't covered well (uncut sheets, I'm looking at you) but that's not so much an error as a conscious choice about what to cover and what to leave out.

The Azpiazu book is much worse in terms of typos...but that's because it's still in its first edition; given time it'll surely get better. And there's no other book available where you can get equivalent detail--if you want the full breakdown of scarce blocks and scarce star runs, it's the only book you can check.

(Not to toot my own horn here, but one advantage of my website is that I can fix errors almost immediately after someone tells me about them. Still, even after a dozen years of fixing, there are enough errors left that people keep finding them at a pretty good rate. With that experience, I hesitate to go criticizing others on that score....)