I got into U.S. currency collecting a few years ago. I started out with Wheat Pennies and I am still collecting wheats. I think I can say wheaties are my expert coins to collect. I have a collector's folder and I'm on the road to get em' all. I'll move onto other coins when ever I want. I recently got into U.S. paper currency and I got my first bill a few days ago. It is a 1923 dollar bill. It's in okay condition not bad for a beginner piece for my paper money collection. I might get it framed maybe. Below is some pics of it.
nice one! i believe those are woods and white's signatures at the bottom? makes it an F-238. where'd you get it?
i mean im not an expert... but i probably wouldn't grade it because A.) i wouldn't have the money. and B.) the grade isnt that spectacular so i dont think it's value would go up that much. but i tend to stay in coins not bills. i'd probably value that bill at like $20 so you did good
Ahh I see. I'll probably grade it in the future to preserve it much better. I respect the history of old things. I'm glad i didnt get ripped off on the deal hehe. There is some that were terrible looking for 30$. Oh and one question, I know that ketchup dioxides copper. It wouldn't be good to use it on an old wheatie would it?
Your first piece of paper currency. I remember the feeling. You got a decent deal, although I would not have it graded. My advise going forward would be; try to find notes with good eye appeal, and without obvious problems that you can afford. When I look at the note you bought, my vision is first drawn to the problems. The tear and the soiling/stains. This will also be what a potential buyer will see if you ever decide to sell it and possibly upgrade for a nicer note. Congratulations on your first note, and happy hunting in the future.
Thanks for the info. I'm newer to the bill collecting than coin collecting. I want to find a XF 1923 because I have such an appeal for this particular series.
nice get. $18 was a good price. I would not advise grading this bill. 1923 $1 silvers are very common. This one looks like an F-12 or so. You would need to have an AU-50 to justify the expense of grading. If you like paper, you need some reference materials. Friedberg is a must. A current greensheet is a must. Then there are lots of specialty materials. I collect and deal Confederate bills and bonds, as well as Republic of Texas bills. I have several catalogs/books for these.
Congratulations on your first piece of currency! I've got that note, too -- it's a nice one. You'll find a lot of good info on this forum; ask a lot of questions and you'll usually get some good advice.
yah i have this reference book: http://www.amazon.com/Guide-United-...d_sim_b_6?ie=UTF8&refRID=1RDQM0RX8ZN5FADKRCJZ it's a nice book: it has values for pretty much every series (besides confederates i think), every signature combination, and every federal reserve. i got mine for Christmas and it's helped me alot.
Welcome to the "paper chase"; it will be a wild ride but worth every bump. My number one recommendation is buy a Friedberg and wear it out. Here's a link to the publisher, you may find one cheaper on eBay or Amazon. http://www.coin-currency.com/page8.html To the question at hand, I would not send it to be graded but do buy yourself some Mylar currency holders. Again, welcome aboard!
