Does it matter?

Discussion in 'What's it Worth' started by cmbdii, Mar 8, 2005.

  1. cmbdii

    cmbdii New Member

    Does where a note printed affect the value of that note?(US notes only) I have noticed, just with a quick glance at my star notes, and older notes, that some prints are harder to find than others. And how do you tell, on the newer US $5 and up notes where it is printed?
     
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  3. cmbdii

    cmbdii New Member

    I guess nobody knows?
     
  4. bobbycoin

    bobbycoin New Member

    I know less about bills then I do about coins.

    That said: My assumption would be that "mint" can be considered when evaluating a note. but the rarity of that mint... now that will effect it. Its all supply and demand. If lots of people want a note printed at a certain location, and there are not as many notes and people who want them, price goes up. If there are more notes then people who want the notes, value goes down. But that is a general rule for all collections. Even a missprinted beanie baby has been worth $1000s.

    -Bobby
     
  5. satootoko

    satootoko Retired

    The official Bureau of Printing and Engraving website doesn't mention anything about the bills printed in Washington, D.C. or Ft. Worth, Texas (since 1991) having any "mint marks", and I can't see anything on the bills in my pocket to identify which printing plant they came from. Am I missing something? :confused:
     
  6. bobbycoin

    bobbycoin New Member

    Well looking at the 3 $1s I have in my pocket currently. There is a city listed in the "seal" on the left of the obverse. The 3 I have are all diferent listing San Francisco (1999 series), Cleveland Ohio (2001 series), and Philladelphia Pensilvania (1995 series).

    Could that be it?

    -Bobby
     
  7. Speedy

    Speedy Researching Coins Supporter

    I wouldn't say nobody know...they might not be on today....
    Yes...sometimes the place where it is printed makes it worth more...a 1950-E $50 is worth about $150 at one place but if it is printed at the other place I think it is more like $175...My dad got a old $50 at a bank once and I aksed to see it and it turned out to be a 1950-E...never know what you'll find...

    I think there is only 2 places where paper money is printed--FW (Fort Worth) and the note that is plane...Washington DC....I might be wrong.

    Speedy
     
  8. satootoko

    satootoko Retired

    Bobby, you are confusing two unrelated things. The legend in the black seal on the left side of the dollar bill reads "FEDERAL RESERVE BANK OF [CITY, STATE]", around a central large letter selected from "A" through "L". Until recent years all U.S. currency was issued by one of the 12 Federal Reserve Banks which collectively constitute the central bank of the U.S. banking system. "F" is Atlanta, Georgia, "L" is San Francisco, and the others are in Cleveland, Philadelphia, Chicago, New York, and some other places I can't remember off the top of my head.

    The black seal on the redesigned notes presently being issued in higher denominations surround a shield surmounted by an eagle with "UNITED STATES FEDERAL RESERVE SYSTEM".

    Whether a note is printed in Washington or Ft. Worth, it has the same seals. To find out whether currency collectors place any premium on notes from certain Federal Reserve Districts, try a Google search for U.S. currency forums, or check your local public library's numismatic collection for books about currency.
     
  9. cmbdii

    cmbdii New Member

    Thats what I ment. The Seal. Does the bank on the seal make it worth any more or less?
     
  10. satootoko

    satootoko Retired

    As I said:
     
  11. Bluesmanmoney

    Bluesmanmoney New Member

    CoinJoe, When I was a younger collector I use to collect $1 notes by the 12 Fed Bank districts in whatever series and the signature combinations. The value by district probably won't come into play for years and years if ever because of the enormous amount of currency issued. That would be how much was issued in that district and how much circulation the currency saw thru use in commerce. satootoko is right your local coin shop, or on the web will have a book that isn't very expensive. It will have the FR#'s of a type note with all the signature combinations and give approx. values. The values just like in coin books or approx's and the market determines the true value. Then again I say as a collector of both coins and currency the value of our collections are just that what we value in our own personal staisfaction. I see it said here all time Knowledge is the key to acheiving that satisfaction without being takin advantage of. Best collecting to all!
     
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