History and value help 1963B Barr $1 FRN

Discussion in 'Paper Money' started by mpcusa, Jul 29, 2016.

  1. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Found these in one of my collecting boxes that iam trying to clear out, not sure when i got these but it,s been awhile, just wanted to get some help on these, the only thing
    I know is that Barr,s time in office was limited so there were not allot with his signature
    These are all gem uncirculated, thinking about listings these on the bid.
     
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  3. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  4. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  5. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    computer is really lagging sorry for the multiple posts, heres the reverse

    [​IMG]
     
  6. Numbers

    Numbers Senior Member

    Yes, the Barr notes have always been popular. Everyone who knows anything about collecting paper money has heard of Barr who was only in office for a month. So if you've got some of these for sale, you won't have trouble finding someone interested in them.

    In terms of availability, though, the Barr notes aren't the scarcest $1 FRNs, because so many of them were saved when they first came out. Barr had already left office when most of these notes hit the streets, and a lot of folks were on the lookout for the new rarities. Nearly fifty years later, they're still coming out of people's sock drawers.

    Much tougher to find today are the 1969A and 1969C $1 FRNs, which had printages nearly as low as the 1963B Barr notes, but a lot less publicity. (None of their signers had extremely short terms; it was just that a change in Secretary followed soon after a change in Treasurer, so a signature *combination* had a rather short duration.) For comparison, the quantities printed were:

    1963B: 458,880,000
    1969C: 543,680,000 (only 18% higher than the Barr notes!)
    1969A: 632,960,000 (only 38% higher than the Barr notes)

    And to put those numbers in some context:

    1969B: 1,690,080,000 (the next lowest $1 FRN--quite a jump)
    2009: 9,017,600,000 (fairly typical for recent series)
    1995: 18,585,600,000 (the all-time record--40 times the Barr total!)
     
  7. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Thanks for those figures its much appreciated :) any thoughts on value? probably
    will list them on bid just because of the low numbers
     
  8. lettow

    lettow Senior Member

    Printage is a made up term. The correct word is printing.
     
  9. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Any Value help here ??
     
  10. Numbers

    Numbers Senior Member

    Eh, I guess one man's made-up word is another man's useful new coinage.

    I don't actually know how long "printage" has been in use to mean "quantity printed" (does anyone know when it was made up?), but the analogy with "mintage" seems a good one. Both "minting" and "mintage" are words, with different meanings (the process of striking coins vs. the quantity of coins struck), so it seems useful for collectors of paper money to have the same distinction available, rather than making "printing" do double duty.

    Hmm...actually, poking around a bit, it seems that even the sense "mintage" = "quantity minted" is fairly new--the online OED's first citation in that sense is from 1971! The usage isn't actually that recent, is it? Most of the OED's earlier senses for the word sound rather old-fashioned now, at least to my ear:

    Emperor Wu of the Han Dynasty, about 240 b.c., ordered the mintage of metallic coins.
    A timely withdrawal of the worn coins may lead to the substitution of a better class of mintages.

    I'm not sure anyone would still use "mintage" in these contexts today. I'd probably choose "minting" and "coinage" respectively. I dunno, maybe I just haven't read enough old numismatic publications.

    As for "printage", you're correct that it doesn't seem to be in any dictionaries I can find. The oldest dated usage I can track down with a few quick Google searches is from an article in the May-June 1977 issue of Paper Money, though, so it may be nearly as old as the similar usage of "mintage".... And in 2006 no less than Dave Bowers suggested that "printage" should be more widely used, so I think I have pretty good authority for using it. :p

    (Apologies for hijacking the forum thread with etymological musings. I just got finished grading my last stack of final exams for the summer term, so my brain's a bit far gone just now....)
     
  11. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    No worries :) printing or printage i think that,s a gimmie :)
     
  12. Agilmore01

    Agilmore01 Well-Known Member

    Looked quick on ebay and Barr notes had sold from between $5- $10.

    Sent from my SM-N920V using Tapatalk
     
  13. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Perfect, thanks for the help :)
     
  14. Michael K

    Michael K Well-Known Member

    Generally circulated notes are worth $3.
    Yours are in better condition and are worth $5 each.
    On EBAY sometimes you can get coins are a good price, but ALL of the paper money is seriously overpriced. In an auction, I would start them at $5 each.
     
  15. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Was the district 12 (San Francisco mint) considered rare ? i noticed there were only
    a couple listed the ones i have are 12,s crisp mint
     
  16. Numbers

    Numbers Senior Member

    San Francisco had 106.4 million printed, the second highest total. The lowest total for a district was 44.8 million for J, and the lowest total for a single block was 15.52 million for the G..H. But none of the Barr notes are "rare" in any real sense due to the number that were saved.
     
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