1929 Brown Seal National Bank Notes and Federal National Bank Notes

What I would like to know and find out is why the Standard Guide to Small-Size U.S. Paper Money from 1928 to Date" There are two types of notes
Federal Reserve Bank Notes 1929 Brown seal. Most common notes, had some star notes [now less than 300 known today] this type has only the type 2 notes. $5.00 F # 1850]
Next,
The 1929 National Bank Notes Brown seal [$5.00 F# 1800] has two types notes T1 and T2.
They did not have any stars printed, but the defective ones were hand stamped.

Now, in some of the books, some list both "Brown 1929 series", while some do not.
In the Schwartz book, they do not list the National Bank Notes, but do list the Federal Reserve Bank Notes on p. 87 in the 10th edition.
In the "A Guide Book of United States Paper Money, 3rd edition does have both listed p.103, 105.
The Green sheet doesn't list both either. Anyone have better information or updates?
Thanks

 

Log in or Sign up to hide this ad.

Maybe this will help...http://www.uspapermoney.info/history/1933.html

 

Thanks SteveinTampa, I have read that the later one did have replacements, but were hand stamped, and not printed as stated. The only way to tell, is that the letters and numbers are mushy and out of line. There was a column on this in Bank Note Reporter a few years back. But, most do not list the later series separately. thanks again. Have a great day.

 

A lot of general books on currency don't mention (or barely mention) the 1929 Nationals because Nationals are such a specialized field. Many thousands of banks issued them, and so a detailed listing of values for each bank would take up a book much larger than any of the books you mentioned. If you want that information, see "National Bank Notes" by Kelly.

The Federal Reserve Bank Notes, while technically a subtype of the Nationals, are a *lot* more common than any other Nationals, and also a lot simpler to collect since only 12 banks issued them. So pretty much every currency book will list them, even if it doesn't go into detail on Nationals generally.

And, yes, as you said, the FRBNs use star replacements, while the ordinary Nationals use make-up replacements.

 

Back in Jan-Feb 1953 The Coin Collectors Journal put out an issue on National Bank Notes, Fredral Reserve Bank Notes and Federal Reserve Notes 1928-1950 was written by Robert H. LLoyd.

It was published by Wayte Raymond, Inc. out of N.Y.
This Journal's founder was John W. Scott back in 1875

Volume 20 No.1 provides a great description on the differences on these notes.
I have a copy of this and would be happy to scan some pages for you if you would like?

 

Yes. I would, but do not want put my regular email on this sight. I guess from this sight, I will get it as I did this one.
Thanks RickieB.

 

Not a problem.. I will scan and PM you..
you could always send me a temp email address that you set up in Google..up to you.

RickieB

 

If I befriend you will that be easier, than doing the google stuff. Or you befriend me. I know that you limit who you friend.

 

Geezz...I am not even sure how to befriend anyone the site has changed so much..
I am not on as much anymore either due to several situations. Which ever is better for you let me know and I will be happy to provide the scans.

RickieB

 

just post, right here if you can, and I will copy then down load.
Thanks Rickie. I do not try to use google

 

Hey.. sorry for the delay..here are the first 7 pages including the Cover.
This was given to me by a CoinTalk Member years ago...I sure hope I thanked him for sending this to me. Keep in mind it is rather old as well.

 

Just a bit of irony that an important document about paper currency was printed in a coin collector's journal. Many collectors feel the two fields are separate. One must look under all rocks for good information.

 

Thanks Rickey. Could down load.I have read the six pages. The insight that was written then, and what we know now is interesting. But the values have not increased as he felt. I looking forward to the rest of the pages. How many did the book have? This sight gives use all more information than we could have gotten only a few years back. I hope this helps others, that are interested in the "Brown Seals of 1929".

 

Hi RickieB keep putting up more pages and I might get an un official copy of that book, I have the first 6 pages. Now Im reading and trying to understand it. Not bad.
Thanks very much.