anyone know of any large size notes i can get for less than $50?

Discussion in 'Paper Money' started by jlogan, Feb 4, 2014.

  1. jlogan

    jlogan Well-Known Member

    i've been looking to expand my currency collection, and i want to know if there are any large size notes, other than 1923 $1 silver certificates, that i can get for $50 or less. please tell me if you know of any, and where i can get them
     
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  3. Sean the Coin Collector

    Sean the Coin Collector Active Member

    i would say your best bet is to hunt around local antique shops and local markets, i bought a black eagle last year in g-vg condition for 10 bucks !!
     
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  4. wcoins

    wcoins GEM-ber

    Lots of them, just not US.
     
  5. jlogan

    jlogan Well-Known Member

    i saw a 1914 $10 FRN at a flea market for $20, but i didnt buy it because it was dirty, torn and missing a corner :(. at a different flea market i saw a 1917 $2 US note missing two corners. i thought $49.99 was a little bit pricey for a damaged note. aside from 2 1923 $1 SC that i bought, i have a 1914 $5 FRN and 1902 $10 national that have been in my family since they were in circulation. my grandmother found them in an envelope with a letter dated 1924. i have a lot of small size notes, but i like the large size designs better
     
  6. saltysam-1

    saltysam-1 Junior Member

    There are many Obsolete Bank Notes that are large size in your price range. Check out eBay.
     
  7. jlogan

    jlogan Well-Known Member

    thanks, but i'm more into official US stuff. i used to have a couple obsoletes, but i traded them for morgan dollars!
     
  8. funkee

    funkee Tender, Legal

    1923 $1 silver, 1917 $1 and 1917 $2, and 1914 $5 are your only options for under $50 if you don't want damaged notes.
     
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  9. harris498

    harris498 Accumulator

    I was going to suggest the '17 $1 LT. I have quite a few that I purchased for around $20 or so.
     
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  10. CamaroDMD

    CamaroDMD [Insert Clever Title]

    Here are a few for sale by Don Kelly. Renowned dealer and a good guy. I have bought notes from him in the past. A pleasure to deal with.

    http://www.donckelly.com/lg_type/f230_570.html

    http://www.donckelly.com/lg_type/f39_590.html

    http://www.donckelly.com/lg_type/f236_653.html

    http://www.donckelly.com/lg_type/f859vgf.html

    There are probably more on his site. I found these with about a two minute search. Obviously, to meet this price point you will need to find both common notes in low grade...possibly damaged. The $25 Black Eagle here is a damaged note (taped). Frankly, I would spend a little more money and buy a low grade problem free example. You could also email Mr. Kelly and ask if there are any lower priced notes he recommends. Like I said, he is a really good guy.
     
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  11. jlogan

    jlogan Well-Known Member

  12. CamaroDMD

    CamaroDMD [Insert Clever Title]

    I wouldn't buy either...in my opinion, both are damaged. The $20 is missing a corner and the $10 has several areas along the edge with missing paper. I would wait and find an example that doesn't have these defects. Problem paper currency should be avoided just like problem coins...unless the piece is extremely rare (as in, only a couple known examples).

    If you want a series 1914 FRN in your budget...click on the last link I posted. The note is problem free and is $50 and IMHO looks nicer than both of these.
     
  13. jlogan

    jlogan Well-Known Member

    ok.. i kind of want to get a 10 or 20, because i already have a 1914 $5 FRn, and mine is in better condition (it's been in an envelope for 90 years, it only has a few folds)
     
  14. CamaroDMD

    CamaroDMD [Insert Clever Title]

    Then honestly, you are going to need to spend more than $50 to find a problem free example. Here is one with no rips or tears...it's a $10 note with some staining on the back...but it's fully intact. It's $60. http://www.donckelly.com/lg_type/f934_7162.html

    With the budget you have, you are really at the absolute bottom of large size note prices. It's nearly impossible to find problem free examples outside of the extremely common note types (such as 1923 $1 SCs). My advice to you would be to save your money a little longer if you really want large sized notes. If your budget was even $100 your options would be a lot more open (but even at $100, that's still pretty tight for many large sized notes).
     
  15. saltysam-1

    saltysam-1 Junior Member

    Large size U.S. paper currency really isn't for the collector with a minimal budget. Anything you buy now, in that price range , you will more than likely want to replace latter. It's a field to get into when you have more spendable income. There are no circulating pieces to find in change, like you can with coins or small sized notes. So it requires some cash on hand to develop even a modest collection.
     
  16. CamaroDMD

    CamaroDMD [Insert Clever Title]

    I completely agree...that was kind of the point I was trying to make. I currently own a total of 3 large sized notes in my collection (one is a problem note but with only 6 known examples I jumped on it when I found it). I have over $800 invested into those three notes alone and they are by no means choice examples. Large sized currency is not a poor man's hobby.
     
  17. jlogan

    jlogan Well-Known Member

    personally, i would as high as $500+. the problem is my mother wont let me spend more than $50 at a time. sometimes i get to the LCS with my grandmother and spend more (then put the coins in new holders on my way home), but the only coin stores around here dont have much of a paper money selection that isnt confederate, fractional, or foreign. i asked one of the dealers, he told me any large notes priced under $1000 usually sell very quickly. i own 4 large sized notes, only one of which i bought ( a VG 1923 $1 silver certificate for $16 about 3 years ago) i'm thinking about trading silver or gold, if i find something i like at a coin store. that way i can say i didn't spend more than $50 ;).
     
  18. CamaroDMD

    CamaroDMD [Insert Clever Title]

    Fair enough, since you live with your mother I assume you are quite young. If that's the case, you have plenty of time ahead of you to collect large sized currency. I would avoid buying overly cheap notes because you can right now...you will find when you are older you have to replace all those notes. There are plenty of large sized notes well under $1000 out there. I think I paid $395, $265, and $195 for my three (one of which is an education note and another is a national bank note with only 6 known examples) and I am very happy with all three. I plan to pick up more as I go along. So, I would take your time with it. Your mom won't be controlling how you spend your money forever. ;)

    But, like I said before...that dealer I posted does have several notes in your price range. Go to his site and look around...he has great scans too.
     
  19. jlogan

    jlogan Well-Known Member

    i have looked around his site, but the problem is the only way i can pay is with cash or prepaid american express cards, neither of which are listed, and theres $5 shipping, which limits my budget to $45. i am going to a coin store next week, so hopefully i can trade for something i like.
     
  20. harris498

    harris498 Accumulator

    When I was younger, I started with small size stuff like 1928 FRN Numerics and early Silver Certs and LT (1928 $2 and $5). Unless you are really disinterested in the post 1923 series notes, building up a nice small size type collection is a good place to start when on a budget.
    Just a thought!
     
  21. CamaroDMD

    CamaroDMD [Insert Clever Title]

    I think this is really good advice. You simply lack the financial backing to venture into large size notes at this time. Sure, you have a couple and that is great...but I honestly think you have pretty much peaked with large size until you have a bigger budget. I would stick with small sized for now...much more economical.

    But, that doesn't mean you have to cast off large size right now either...just don't buy anymore. Enjoy the one's you have and spend this time reading and learning about them. There is a lot to know. In a few years once your budget increases...you will then have then knowledge to get into large size notes fully.
     
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