I was told by some members of the coin forum that some of you folks would like to see what I just inherited...I have so much that it would take me at least 2 weeks to take pics of every single piece but I did want to show some that look pretty interesting to me. I have Colonials, Fractional Currency, MPC's, Error notes, Obsolete Notes, Confederate Notes, Large and Small notes, again ALOT! Here are some pics: I do have other pics of the coins (everything from colonials to Hard Times Tokens to Philippines) if you would like to comment on those too that would be much appreciated. A couple of members mentioned possibly well into the six figures based on just what I have taken pics of...again I have alot here and if anyone is interested as to what else I may have I will try to take a pic. Thanks again to everyone for helping me understand more of what I have just received.
Looks like that collection is going to be a lot of fun to go through and learn about each piece! I am by far not an expert on paper money (or coins for that matter) but here's what I would have to say about the photos you took: -Confederate money I know absolutely zilch about! I do know they are often printed on one side, and were frequently counterfeited because every state had different designs. -Military payment and Philippine currency usually don't go for too much as far as market value go, but who knows there may be rarities & variants that collectors go after -"Porthole" Lincoln $5, gorgeous note and sought after, but condition brings down the value significantly. Still a great piece to have in the collection. - $10 National Banknote "Johnson City", these get really interesting because specimens from the issuing bank make a difference in value. These are definitely harder to come by than typical Nationals of lower denomination, but again, the condition of the note brings down the value (unless you've got a rare issue that commands big bucks even in lesser condition) As we all know collecting is not always about "value", but you gotta admit it's pretty exciting to see the values of what you have in your hands. Because most of the notes I see in the album are in considerably circulated condition, your best bet is to have key dates/variants/issues which still command a high price in any condition. The history behind US currency notes are always so interesting, and IMO some of the nicest engravings out of any currency. Hopefully I have not given any inaccurate points, if so please be sure to correct me so I can learn something and 4D can get some solid knowledge.
I think going through that collection is going to be a great experience. Who knows what you will find. Have fun...and post lots of photos.
I have more large notes as well as TONS of small notes and probably over 100 fractional notes too. With the coins and currency combined I have over 10,000 different items all United States. What would be the best way to store and enjoy these at the same time?
Very nice inheritance. You have some rare notes, the most valuable large size notes in your photos could fetch $1,000 - $2,500 each. You'd be surprised by some of the small size rarities. Some could command higher prices than the large size notes. Another forum member recently inherited a similar collection: Squaredeal. Perhaps he can offer some insights as it relates to his experience. http://www.cointalk.com/members/squaredeal.45717/
nice collection! have any high-denomination ($500/$1000/$5000/$10,000) notes? could you post pictures of your small size notes?
Nice collection! I'd like to suggest you buy a copy of the Standard Catalog of United States Paper Money, published by Krause. You'll find lots of very useful and educational information in it.
Wow I wasn't expecting to see that! Lot of rare notes. Mostly low grade with condition issues but still likely worth some big money. Only an amateur on paper money so I'll leave the speculation on value to the pros.
A lot seem damaged, but a couple are definitely going to be worth grading. Id advise picking ones that are whole bills and show no apparent damage/discoloring, look those up individually first to see if worth slabbing. Then look at the rarest ones with highest value normally, that even if damaged might be worth something, that damaged $2 lazy deuce might be worth something even though its in terrrible shape lol. For starters, the porthole, the poker chip etc. look at the types funkee listed in response to my pictures, you will see many similar. http://www.cointalk.com/threads/to-grade-or-not-to-grade.224344/page-2
check ha.com and ebay auctions sold in past, use fr (friedberg numbers) to lookup bills and catalog them, thats the standard, get a book n learn to do it, takes some time. I put about a year into learning all about it and the market as I got stuff graded. Grading takes time, unless u pay more to do it quickly.