HI I've been lurking here for a few weeks absorbing info and decided it was time to sign up. I was going through some old silver certs. and discovered that one is a "1935 experimental" in pristine condition.. no bends, folds, wrinkles or stains. The question is this Who would be best to send this to for grading? Thanks Ziggy
Hello Ziggy... welcome to the fourm. Glad you decided to join!! As for who you should send it to...well there are several choices and I suggest you research the top 3 and decide for your self. Here they are; PCGS (pape money) CGA, PGM. Good luck and post a pic of that fine note will ya?? RickieB
great find! is it one of the S/R notes, or one of the AB blocks? as far as PCGS, PMG (NGC), and CGA...they all have their pluses and minuses. none of them are perfect, but you'll still find people who are fiercely loyal to one brand or another. just from observation...you'll get more money reselling your note if its in a PCGS holder. ie- a PCGS gem 66 would sell at auction for slightly more than a PMG gem 66. no idea why. the same thing happens with their coins.
Why bother getting it graded? if you like the note just put it in a protective sleeve and hold on to it. Save the money you'd spend on grading for your next purchase.
Hard to tell from the pics as they are very small, but that does not appear to be an experimental note, just a plain old silver cert. Still a nice note but the cost of grading would probably cost more then the note is worth.
Dumb question from a non-paper collector who occasionally snoops in this forum - What is an "experimental" silver certificate
It refers to bills (mostly if not all one dollar bills) that are used for different experiements. Like one experiment was to test different ratios of cotton and linen used in the paper in 1928 and 1937. One was done in 1942 to test diiferent types of paper. In case they couldnt get the right paper because of war. Then there was the web-fed press debacle. This is where they tried to go fom a 32 sheet print to continous feed printing. For various reasons such as machines being crap and the quality being low...they ended that... I am sure there were others, these are the few I read about.
i'm gonna have to agree with tommy. the serial number looks to me like A06814426A. here's a breakdown of silver certificate experimental notes: experiment 1, 1933 series 1928A, 1928B X - B, Y - B serial number blocks (experimental) Z - B block (control group) experiment 2, 1937 series 1935 A - B block A00000001B-A06180000B (experimental) B - B block B00000001B-B03300000B (experimental) C - B block C00000001B-C03300000B (control) experiment 3, 1942 series 1935A S - C block S73884001C-S75068000C S (experimental, red S for "special paper") S - C block S70884001C-S72068000C R (control, red R for "regular paper") all the tests were inconclusive. the experimental paper blends showed wear at around the same rate as the regular paper blends.
Lets see if this explanation will help. The experimental notes tested different types of paper during WW II. The experimental notes where overprinted with a large red S in the lower right corner, while a control group on regular paper was printed with a large red R in the same location. There where 1,184,000 of each type printed and the experiment was inconclusive. Lou
I questioned that as well when looking up, but the experimental notes are the only ones I found that have the dat twice, one in the upper left and one in the lower right, instead of to the left of and below the blue seal. If this note is something else and someone could help me with identification it would be appreciated! Ziggy
the date location you mentioned was a minor design change between series 1935 and series 1935A. here's a good reference site: http://www.uspapermoney.info/history/1935.html as far as identification, i believe your note catalogs as Fr.1607. i'm not sure what the catalog value is, (i don't have one with me at the moment), but i searched the internet and found these: AA Block $25.00 http://www.uintacurrency.com/SmallSC.html Ebay auctions: http://search.ebay.com/1607_Silver-Certificates
My bad I didn't find anything about it on the search I ran, the only one that looked loke it was the experimental. Guess I jumped to conclusions. Thanks for the identification Ziggy
When used regarding silver certificates, the term "Experimental Notes" normally refers to the R & S notes, the purpose of which was just what someone already said...an experiement with a different type of paper to compare wear resistance, etc. No change in paper was made because of the experiement. R/S notes are most often found in low grades, are very desirable in XF and up, and sell for over greensheet prices practically all the time (even the low grade ones). tradernick