Does anyone know any history on the 1934 one dollar experimental notes? One has a red s and the other i believe has an r on the face of the bill. Are they worth more than a reg silver certificate?
I've looked at these myself, and I think they'd be a great addition to a collection. Of course I'd like to have both the R (regular paper) and S (special Paper). The prices are more than most silver cert's, though. The general range is about $650-700 for AUNC or higher. I've just read in a new price guide that the prices are listed as being lower, but I have not seen this in the online market. They aren't too hard to find, but they are much more scarce in the higher conditions. Good luck to you if you decide to go after them! I've put them off my 'gotta have now!' list, as I need to concentrate on other areas first. ... but I'd make an exception if I could find them cheaper!
Wow! I didn't think they were that expensive. I bought a coin collection and it had a few bills in it and one was an s front. It's in great condition,very crisp ,no folds, no tears,very clean. I dont know much about grading bills but it is a beautiful bill.Alson had a 1937 horse blanket in good condition and a 1907 one dollar and 2 dollar note in fair condition graded by pcgs one is 55 the other is 12.
Can you post a picture of the experimental note? I'm curious, I have no idea what they look like. Dave
experimental note I've tried to post pics here but i must be doing something wrong.I havent been succesful yet. The note looks like any silver certificate except it has red s on the rt side of bill.(or an r)
Here's an ebay link: http://cgi.ebay.com/Rare-PCGS-CHOIC...tem&pt=LH_DefaultDomain_0&hash=item4cf0331933 Actually, from what I've seen, this is a decent price for these two notes.
That's cool! So was the idea to let these notes circulate and see how the different papers held up to abuse? Kind of like when they paint stripes on the road using a bunch of different paint mixtures, to see how they stand up over a few year's worth of tires running them over. Dave
That is my understanding. I've seen many notes online, and in all conditions, though the "crumpled up in the bottom of your pocket" variety seems to proliferate. I can only assume that there was a recall of the notes in circulation to determine the results, but I'm not sure what the outcome was - whether R or S won the competition, if it was a draw, or if anything was done with the results at all. They have some sort of draw to me though, and I will most likely get them one-day.... I just have to save on the side for them I suppose. That's the trouble with keeping myself on a budget. ... but at least the budget keeps me from having scads of cash and being in the poorhouse at the same time!
In 1942 during World War II the US Government was concerned about the supply of paper to print US notes. As a precautionary measure, Series 1935 A notes made of special "experimental" paper were printed with a red "S" to the lower right of the Treasury Seal. Notes with the regular paper were printed with a red "R". The notes were delivered on June 20, 1944. The trial did not provide any conclusive results.
There were other experimental notes. For example -- The first major experimental group of small notes was printed in November 1932 and delivered to the Treasury for release into circulation in January and February of 1933, during the period of the $1 Series 1928 A and 1928 B. The experimental set was to determine the effect of changing the relative amounts of linen and cotton paper fibers. The X-B and Y-B blocks were each printed on paper of different proportions of rag content with the Z-B block as the control.
