Paper Money: New Acquisitions

Is Legacy going to stand besides the PCGS Currency grades, since it's basically the same company, just a different name ?

 

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Busy week, need to post, I am getting new notes faster than I can post the old ones... today's new pickup is from a far away land, this an 5 Egyptian Pound note of the much tougher spirograph or spider design. Egypt was on of the earlier foreign countries I collected, right after Greece, and for the same reason, alot of old cultural history incorporate in the note. This one has my favorite honky on the front...

 

Even though PCGS won't be formally doing anymore paper grading, the same team is doing it under a new name, right ?

I believe PCGS/Collector Universe is publicly traded, doubt that LG is.

Sure, and there's alot to be said for that. At the same time, you had much wider grading discrepancies between 2 interested parties, 1 of whom wanted the most $$$ for the item (high grade) and the other who wanted to to pay less $$$ for it (lower grade).

Whatever the flaws, loss of grading acumen, or questionable TPG grades, on the whole....TPGs have made the paper and coin hobbies much more transparent.

Nobody can deny that.

Funny to see folks call for breaking out PCGS stuff to cross-over; of course, with coins it's the other way around usually (NGC to PCGS).

One of the things to consider is that many of the NGC-graded coins were done many years ago whereas the PCGS Currency grades are more recent. So I don't know if there will be as many cross-over benefits. There could, I'm not an expert. But aside from mis-graded product, the thought was that perhaps the graders were tougher 15-30 years ago and "new" graders would be more likely to increase a coin a grade or so. Just as it's less likely to get that boost from an NGC coin graded 5 years ago than one 25 years ago, I think the PCGC Currency benefit is going to be minimal unless PMG is notoriously loose with their standards (which doesn't seem to be the case).

 

My latest, a low SN Silver Certificate.

 

Have you ever just felt sorry for a note? Like a whipped dog at the pound? That's why I bought this note. I just felt bad for it...a beat as a dog common as a mutt 1902 from the FNB of Pittsburgh, these things literally grow on trees at least on eBay. I just though this note needed a home to lie down and sit quietly in... there is no angle to hold it at where it looks good, this mangy rag was used as a stop gap bandaid after a fragmentation grenade exploded...

 

Just imagine the buying power of these notes in the 1900s..... Just wow.

 

It’s pretty crazy. A dollar inflates to $25, so that $20 is about $500 I’m buying power! Wow

 

I like matching serial numbers, especially on two different denominations.

 

Wow, what are the odds of finding those 2 bills, even in an age of the Internet and Ebay ?

 

Today's long delayed new pickup is this nice 1882 Date Back $5 from Council Bluffs, Iowa. A rare bank, only 14 known total on the whole bank. Good city name too, all in all, a nice note in every way...

 

A definite keeper that Iowa note. Good show !!

 

2007-2016 Obsolete Venezuela Note Set (2 at a time ... LOL)

Issued from 2007-2016, these notes have been replaced due to the country’s rampant hyperinflation, making them obsolete. The face of each Uncirculated note features an important figure from Venezuela’s history (from Francisco de Miranda on the 2 Bolivares to Simon Bolivar on the 100 Bolivares). Each back shows native animals and scenic views.

 

Great designs!

 

Those are the obsolete notes. I gave $1 each for them. The next set ... which I didn't get ... are the inflationary notes; since 2017. The same guy wanted $8 each for those. Those are just as pretty ... but with much bigger numbers. LOL @ Them.

 

Lost the bid for an AU-55 specimen of this note; this note is a higher grade and LESS $$$; so I am happy.

 

Today's new pickup is this somewhat haggard New York Battleship $2... I think this was the first $2 battleship I got, at decently low price, so I was like why not? I would like a nicer one of the New York to go with a really nice Dallas I ended up getting and framing them both, one above the other face and then obverse, that way whether or not the battleship engraved is the USS New York or USS Texas (there is some debate), I am covered.

 

Fr 1937-I* $2 FRN star notes PMG 58EPQ

 

I went way back to the first post on this thread to look at every page of new acquisitions on here and slowly make my way to the front. Stunning notes, everyone, just WOW. Thought I'd start posting some of my own. I'm a sucker for Russian Imperial notes, but I'm just as hooked on consecutive old notes. Couldn't resist this 1909 series crisp trio of 5 Roubles in an UNC grade. Not bad for being printed between 1910 and 1914 and surviving 100+ years together.