Again, new to collecting. What are some things I should look for while goint through money at the bank that I work at? Ceartin dates? Serial numbers? Imperfections? Etc.. lvaughn
Alll of the above. Look through some of the earlier threads in the Paper Money section. Lots of good items to watch for. If you're getting them for face value, it's a good idea to pull out the ones that are questionable and post them here. You'll get a lot of help.
Great. I am going to enjoy thumbing through tomorrow. I know we have a ton of $2 bills and I would like to see if there are some unique ones in there, what should i look out for in the since of $2 bills. As well as star notes.
You could look for red seals, and 1976 star notes from Richmond (e) Kansas city (J) and Minneapolis (I) all bring premiums. Other then that, the $2 don't have much in the way of varieties that are valuable unless they are uncirculated bills. But repeater, radar type serial numbers are nice.
Thanks for the information. I was wondering about the red seals, what makes them so valuable and unique? I am writing all of this down in my folder so I will have it on hand as a reference
The red seals are united states notes and they are a little older, but they are not significantly more valuable then the federal reserve $2. In general notes are valuable based on their condition and rarity. The 53 and 63 red seal go for around $10 uncirculated, about the same as the 1976 federal reserve notes. The 1928 red seal go for quite a bit more. At the same time ome of the 1976 star notes in uncirulated can go for over $200.
@ lv: Small size Red seal $2 notes that get turned into a bank in this day and age are probably quite circulated and far from crisp or premium worthy ($$$) . They'll be from the Series 1928, 1928-A through 1928-G, and Series 1953 through 1953-C, Series 1963, 1963-A Legal Tender Notes as opposed to today's Federal Reserve Notes. There are also some series of Red Seals with and without the "In God We Trust" motto on the back plate. You can also look for Red seals in many other denominations, as well as blue seal silver certificates, brown seal nationals and FRNs, variations in green inks on some notes/denominations... THEE BEST thing for you to do soon would be to pick up a currency book or two like A Guide Book of United States Paper Money, 2nd ed.or Standard Guide to Small Sized Paper Money: 1928 to date, 9th ed. Then you can peruse all the sorts of bills and features you may be on the look out for. It will also guide you to rarer Series notes. You mentioned that you'll be going "thumbing"... with circulated notes it won't matter too much, but if you are cracking into new straps of notes, take extra extra care in handling them. The tiniest of bumps and soft folds are permanent and unforgiving. Let us know what you find!!!
be careful not to get fired! i only say this because, i know if i worked at a bank i would be spending all my time looking through coins and notes and get nothing done!
Firstly, the grade of the note will determine much of the value. Just your standard note with sequential numbers can be pulled from any new strap of cash. Sequential SNs can be sought after by collectors willing to pay more if there is something special about the numbers, if they are ladders, repeaters, or very low SNs like, 00000076 00000077 and also if they have stars. If they are very old notes from early and discontinued series or of low printage runs they could demand more of a premium.
