Cheapest large-sized U.S. note for beginners?

Discussion in 'Paper Money' started by Dougmeister, Aug 6, 2014.

  1. Dougmeister

    Dougmeister Well-Known Member

    The good thing about this hobby is that, if I can't find what I'm looking for RIGHT NOW, there is always something else I can buy.

    The bad thing about this hobby is that, if I can't find what I'm looking for RIGHT NOW, there is ALWAYS something else I can buy.

    :)

    So yet again, I attempt to learn about something new in addition to U.S. coins:

    Which denominations/years would be best to start with?

    Wikipedia says "The most common large-sized notes are the Federal Reserve Notes of Series 1914 and 1918." But if I want one that looks pretty much like modern notes, except larger, then I want "Silver Certificates"?

    They don't have to be mint condition. I like to buy problem-free specimens at a grade that can more easily be sold down the road. All items usually have a steep increase in price at a certain grade; I like to buy at the grade just before that big increase.

    Your assistance is appreciated. Thank you.
     
    Jwt708 likes this.
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  3. funkee

    funkee Tender, Legal

    Most common doesn't always equate to greatest survival.

    Cheapest is the 1923 $1 Silver Certificate:

    [​IMG]

    This note can be had for about $20 in a problem-free mid grade.

    The steep price increase usually occurs right before CU grades. You can buy one in XF-AU for $40-$50.
     
  4. Dougmeister

    Dougmeister Well-Known Member

    Thanks, @funkee.

    That has to be the quickest response I've ever had to a question posted here!
     
  5. harris498

    harris498 Accumulator

    Wikipedia is right that small denomination large FRNs can be had for a modest sum, as long as they are from ciommon districts, with common sigs, and of course, are blue seal. I've even gotten a few $50s pretty cheaply.

    As I stated in another thread, 1917 $1/$2 United States Notes are inexpensive in circulated grades. These prices start to creep up after Fine/Very Fine, and start getting expensive after Extremely Fine.
    Also, 1922 $10/$20 Gold Certificates can often be had for a C-Note in VG/F.

    Whatever tickles your fancy. If you can afford to spend $300 on a note, things really start to open up, both in terms of series, denomination, and grade.
     
  6. RickieB

    RickieB Expert Plunger Sniper

    I live by this motto;

    Always buy the best note that you can afford, if you can not afford a CU graded note, then save your money until you can because you will loose on the resale in the majority of cases.

    Just my two cents here...
     
    Timewarp likes this.
  7. SteveInTampa

    SteveInTampa Always Learning

    I agree with RickieB, and will add, buy something you like, not because it's cheap.
     
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