Paper Money: New Acquisitions

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Suh-wheeeeet.
Oh that is awesome.
I didn't know if the reverse was blank.

 

I find the older web notes once in a while. I still yet to have the newer years in my collection.

 

Yep. An Austro-Hungarian hundred crown gold coin and a US twenty dollar gold piece weigh almost exactly the same, and at the time that note was issued, it was as exchangeable for gold on demand as were its American counterparts.

 

Thanks! It's darn near impossible to find good sources for exchange rates for obsolete currencies, but using contemporary metal weights is probably the best way.
Now all one needs to do is find a contemporary gold or silver coin, compare it to an American gold or silver coin of the same year, and do an inflation adjustment from there.
Perfect!

 

I picked up this miniature note in the flea market few days ago.
It is very dirty, but I just cannot resist small banknotes.
It is 1917 drachma

 

Very Cool

 

Thanks!

 

Found these today, great prices too.
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Low serial number

 

Found this lurking about on eBay

 

The above 10 dollar bills are superb, but one question though when did the bills start stating Silver Certificates?

 

There were several types of notes at the start of U. S. paper currency, including silver certificates, gold certificates, Interest bearing notes, greenbacks etc.
Im pretty sure that almost all notes were redeemable in silver or gold from the beginning (circa 1864) with the exception of National Currency after 1929. After the confederacy lost the war, people did not trust the paper currency and wanted their money in precious metal.

It all came to an end finally in late 1964 when the price of an ounce of silver went above 1 dollar. The last silver certificates were dated 1958B.

Does this answer your question?

 

This is the first paper money I've ever bought. Paid $75. How'd I do?

 

Id say you did pretty good especially if you bought it already graded.

 

Yes it was already graded.

 

My book says that it is worth 100 in VF20 condition. So the value is slightly higher than that. A bargain I would say. The expanded description says that in the center is Ceres holding caduceus seated on a bale of cotton. At left a sailor leaning on a capstan. Blank reverse.

 

If the Confederacy was solvent today, you would be killing with that 8 percent interest for 150+ years.

 

Better photos of latest $10; will have it re-holdered but won't submit for regrade, even though I "think" it might be a 64PPQ except for poor reverse centering.
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Yes it does. Thanks Valpo.