Done! $1 note type set

With this hobby, "done for now" is the best you'll be able to do. The only thing that varies is how long "now" lasts...sometimes it's several months, other times about 5 minutes.

 

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The series year changes when there's a "major" change to the design; for a "minor" change, only the series letter changes. What gets confusing is that the difference between "major" and "minor" has shifted over the years.

Up until 1974, signature changes were considered minor--so if nothing changed but the signatures, then the series year was unaffected. The first exception was Series 1974, which came as a shock to the collectors who were expecting it to be called 1969E.... The 1974 and 1969 series are identical save for the signatures, and indeed on some denominations the serial numbering of Series 1974 actually picked up where it left off in the 1969 printings, despite the change of series year!

The story is that William E. Simon, who became Secretary of the Treasury in 1974, wanted "his" bills to have the current date on them; and since he was the boss, they did. In any event, ever since then, each new Secretary's signature has been considered a major change* that results in a new series date. So pretty much the only changes still considered minor are the occasions when the Treasurer's signature changes while the Secretary's remains the same. That doesn't happen too often, which is why we don't get too many lettered series any more.

Incidentally, if Simon hadn't come along and changed the rules, our current Series 2006 $1 notes would be called Series 1969S. (And you thought the 1935 date lasted for a long time...!)

_____________________

* Well, there was one exception: Series 1977A inexplicably reverted to the old dating rules. It should've been called Series 1979 under the new system, since it's got a different Secretary's signature than did Series 1977.

 

Thanks Numbers.....that was my exact question. I wondered why the current one design changed with signatures when the series 1935 lasted for so long and didn't change until 1957 when they added the Moto (but I guess a moto was on a later 1935 one too, ??).

Thanks for clearing it up with your post.

 

OK, I just looked it up, Dursin, and according to Wikipedia and another source, the "In God We Trust" did not appear on the 1935 note, that it started with the 1957 note.

You wrote that it appeared on the later stages of the 1935 series. So, which is it?

thanks.

 

It appears on the 1935G & 1935H notes Bob, can't always trust Wiki

 

Wikipedia is a bit confusing sometimes. I looked it up and it first says...

"In God We Trust was first used on paper money in 1957 when it appeared on the one-dollar Silver Certificate. The first paper currency bearing the motto entered circulation on October 1, 1957."

Which could technically be true because it's not saying that it was first used on SERIES of 1957 notes. The next paragraph goes on to say...

"By September 1961, In God We Trust had been added to the back design of the Series 1935-G notes. Some early printings of this series do not bear the motto. In God We Trust appears on all series 1935-H one-dollar silver certificates."

 

I have 5 1935 G notes and none of them have the moto. So, do some have it and some don't?

 

Yes, if you read the previous post you'll see that is the case...

"In God We Trust had been added to the back design of the Series 1935-G notes. Some early printings of this series do not bear the motto.

 

Thanks Dursin for the info and your patience.

I appreciate it.

bob

 

The (currency) Red Book, A Guide Book of United States Paper Money, 2nd Ed. says:

• Silver Certificates Series of 1935 - 1935-G, Blue Seal, NO MOTTO
F-1607 to F-1610

• Silver Certificates Series of 1935-G - 1953, Blue Seal, WITH MOTTO
F-1617 to F-1621

I just picked up this $1 1935-H with Motto about a week ago.





I also have an $1 1935-F Silver Cert but don't have a pic of the back to share.

 

Here is my 1935G W/motto (and don't give me any cr*p about the tpg, it was cheap)

 

Man I love silver certificates. They're really the only U.S. bills I collect. Very nice collection, I like them!

 

That's not Wikipedia being confusing; that's the BEP being confusing.

Series 1957 *was* the first series to have the motto. The 1935G and 1935H notes with the motto were printed later. Series 1957 was actually contemporary with Series 1935F (both have the same signatures). See the chronology here for some help in sorting this out.

 

Great link Numbers, thanks.

Why on earth would they be making series 35 and series 57 at the same time? Huh?

 

Series 1957 was the first to be printed on the new 32-subject presses. At first, the BEP only had a few of the new presses--not enough to handle all $1 note production, let alone anything else. So they kept on printing 1935F $1's on the old 18-subject presses while they were printing 1957 $1's on the new presses.

The next time the signatures changed, the new-press $1's became Series 1957A, while the old-press $1's became 1935G. Another signature change, and we had 1957B and 1935H. Soon after that changeover, the BEP finally got enough new presses to cover the whole demand for $1's--that's why such a small number of 1935H $1's were printed.

The higher denominations were then converted over to 32-subject printing, and a similar pattern exists in those series dates: Series 1963 from the new presses is contemporary with Series 1950D from the old presses. And after yet another signature change, Series 1963A is contemporary with Series 1950E. Those 1950E notes were the last currency printed on the last few old 18-subject presses before they were taken out of service, which is why that series is so scarce--by this time, the new presses were handling almost all of the workload.

The whole transition lasted some eleven years, from the first printings of 1957 $1's in 1957, to the last shipment of 1950E $10's in 1968. It's a wonder the BEP could keep track of *what* they were printing, with all of that going on for so long....

 

NUMBERS:

Wow! Thanks for the great background info on the order of printing these series. That sure must have been some big cluster@$#& of an issue to deal with at that time.

 

Thanks. This is why I love this forum!

So much knowledge for us semi-beginners and so willing to share.

 

That's great info Numbers.
Thanks a bunch.

 

Nice start Bob!!! Thanks for sharing!

BR ~ Darryl

 

Thanks for clearing that up Numbers!