I saw this and could not hold back..a NY Note that is 2nd highest in Pop Reports (PMG67) It is directed back toward the NY Collection that I had to sell before... So welcome home to this $20..it is the image used on the Auction Site..
Great find, and even better deal Rickie. Looks like you snagged that way below auction estimates and much less than book values. Congratulations bud.
That does have nice deep colour and paper. Nice pickup. It has been awhile since I have bought anything in a LKCA auction - just can't find what I want or I am getting picky.
If this question is too nosy please ignore it, but I wonder why you have fondness for the New York notes? I could guess that they are rarer then other districts, or that NY NY is your hometown, or just that your favorite number is two, but usually collectors have some reason behind the madness.
Chip: NY Notes have some of the highest printings of all the Districts..some of the Notes are rarer but not many. The main reason behind it is my last name starts with a "B"..now I am sure you get the picture. Green... I hail from Texas but have lived in New England for 24 years now...now that is a long long story!! RickieB
Tater: One of my favorite Notes $50 Series 1934C Star Note was obtained from Lyn Knight Auctions....there were many I wanted this time around but past medical bills have to be paid off first..some notes you just have to pull the trigger on like the 1869 Rainbow series.. this note was pocket change in comparison..but too pretty to pass up too. You should check LK Auction out..it is a good source.
I've seen some of the fine notes that you have post over the years here on ct. I also remember your departure and return hope things are well for you. I'm a novice note collector just starting and will never be able to afford what you have picked up. I do know some of your post have turned me from coins to notes, so thanks.
Tater: Thank you for your well wishes. It has not been w/o sacrifice to come through the battle and the scars are present, however, I am still upright and breathing for the moment. One of my current drivers is my 2011 Heritage FUN Catalog in which I can visit my once owned collection To be honest, I am finding it difficult to repeat this and I am trying to be more selective this time around. As far as affordability goes...do not fret on that, you can assemble a World Class Collection on most any budget as long as you have some time, desire and patience! At one time my Small Size Goal was to have all the NY Notes, all denominations in all blocks and stars...big goal huh? That was squashed as well by getting ill. So now I have stepped back and reassessed, I am trying to complete the Small Size NY $5 notes, a few of the $10's, $20's, $50's and $100's plus a few really nice Large Size over time. So hey, pick a Fed Reserve Bank, save up for that note and scan the auctions...before long you will see your efforts pay-off as your collection grows. My only advice to you is "always buy the best note that you can afford, if you can not afford it then save a little longer for that top quality note and then buy it, when the day comes for resale, you will be glad you did!" I wish you the best of luck in your collection goals..and can't wait to see what you will post! Best regards, RickieB
While Rickie B. had to part with many of his notes, some here found a loving home with fellow forumites - this one from the 2011 Heritage Auction: One of my favourite collecting themes is post-Civil War obsoletes - many of them were issued in contravention of the 1864 National Banking Act. Many of the post Civil War obsoletes were issued in the Reconstruction era South - by municipalities, states and railroad companies. So what more can you ask for a note? It fits quite comfortably into my post Civil War obsoletes theme and has a legacy of ownership.
SM.. You know I like that note so much I had to find another.. all I could find was a CH/AU note.. Thanks for having it in your collection... RickieB
Rick's advice has helped me find a direction in my own paper money collection and education! I'm very thankful to have met via this forum and learned from him and both take and forward his advice about always buying the best note you can. I too am proud to have made a home for one of Rick's former notes auctioned back in 2011, it was a huge upgrade to my only large size note at the time and that was one I inherited in very poor condition from family. I'm thankful for this every time I think of my collection and go out looking to add to it. Happy Thanksgiving all. Here are the notes side by side:
It is a triple play note - the obligatory attractive female, a steam locomotive and the post -Civil War obsolete.
I would just like to add a caution to Rick's advice. I completely agree with the concept of buying the best condition you can afford, but I wouldn't venture past 67 in many small size notes, and 65 in most large size notes. After that, you're paying huge premiums to take claim of the "top pop" of an issue. You'll be competing with registry set collectors at the peak of the market. If and when the fad of registry sets goes away, prices for Superb Gems will take a hit. For example, on a $1,000 bill common district, you might pay $3,600 for 63 grade; $4,000 for 64; $5,000 for 65; $7,500 for 66; $10,000 for 67; and probably $20,000 for a 68 if one exists. I think that prices for 66 and up notes are going to take a hit. Depending on the series of course, a 67 might be a good buy if 68's and 69's are known. But if a 67 is top pop, I'd stay under 65.
Funkee... I am in accord with your post about higher registry grades. My former Large Size Collection the top graded note was a 65-66 simply for that reason alone. The Small size collection was very selective on note in 67 and above which I may have had 1/2 dozen or so...the biggest difference between the two besides Artistic Design and size(Small and Large) is cost. The 67 34D I just picked up was $210....not so bad..Auction estimations often reflect the high side, in this case I was the only bidder. The Registry Set Competition has really never been by personal style.... so on my part perhaps I need to amend my advice and place holders on it by saying.. (example) if you are going to spend $1200 on a Large Size $5 in AU58 and a 63 is available for $1425..then save that extra $225 for the 63. If you find a great Small size in 63 at $125 and a 65 goes for $160..heck, buy the 65 every time. I sure hope I did not come across in a way that supports buying Top Pop Notes, that was not my intention. As a collector it is my personal style to buy notes that I do appreciate and I often go for the better graded notes..that's just my way..but I always look for deals along the way. As mentioned in the past years, my collection is basically for my son when I leave this earth and I hope it ignites a internal flame for him for years and years to come. So for each of you who read this or any of my post's, please understand that I am not suggesting that you buy Top Pop notes for you collection, just consider the next few grades. Good luck out there and thanks for posting your comments Funkee, in my opinion you are correct. [/QUOTE]
