Significance of Block Numbers on 1935 $1 Silver Certificate

Discussion in 'Paper Money' started by doug444, Feb 1, 2014.

  1. doug444

    doug444 STAMPS and POSTCARDS too!

    I admit I do not know much about paper money, so an explanation will be welcomed.

    I have 5 consecutive serial numbers of the 1935A $1 silver certificate STAR note, crisp uncirculated, and the serial numbers end in "A," so I assume these would be "A" block. In looking at similar sold CU items on eBay, I find prices all over the place, with various block numbers. My question is, does the block number affect the value, all other things being equal? I further assume that "A" block is the cheapest. Someone discuss all this, please.
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. Ed Sims

    Ed Sims Well-Known Member

    Value isn't primarily determined by the suffix letter. Series of the note, Federal Reserve Branch, condition, regular or replacement (star), and demand are usually what determines values. Specialists look for fancy numbers which can elevate values. Consecutive serial numbers when kept together carry a premium as a group over the individual notes sold separately.

    For accurate values of your notes do not rely on eBay results as you have already learned that they can vary considerably. If you are interested in selling them they must stay together to yield the best price as groups of consecutive numbers and more so for star notes carry a premium over the same number of notes sold separately.
     
  4. doug444

    doug444 STAMPS and POSTCARDS too!

    I know all the details of the notes determine value -- but are you saying that all block numbers for a specific bill are worth the same, i.e., for my 1935A Star notes? In this case, in eBay results, all things being equal, the "D" block numbers appeared to yield a much higher price than the "A" blocks...
     
  5. Timewarp

    Timewarp Intrepid Traveler

    One question. On the back of your 1935A notes, is the number in the lower right corner less than 930?
     
  6. doug444

    doug444 STAMPS and POSTCARDS too!

    No, the number is 1369. Is that good or bad?:rolleyes:
     
  7. Timewarp

    Timewarp Intrepid Traveler

    Back plate numbers on 1935A notes with numbers below 930 would have been MULES. Front plate printings of 1935A, and back plates from 1935. These notes are worth considerably more than notes printed from 1935A front and back plates. You still have some nice stars. Lucky dog!
     
  8. doug444

    doug444 STAMPS and POSTCARDS too!

    Thanks, Timewarp. I will offer them as a lot, here, tomorrow. I will probably price them too low.:D
     
  9. clayirving

    clayirving Supporter**

    [​IMG]
     
    Timewarp likes this.
  10. Numbers

    Numbers Senior Member

    I'm confused by this statement. Series 1935A $1 stars notes don't come in "D" block; they barely get into the "B" block before the series changes to 1935B. (So the 1935A star from the "B" block is relatively scarce, and worth more than the "A" block, all else being equal.)

    Summary of the small-size $1 silver star blocks:
    1928 through 1928E: only come in "A".
    1934: only comes in "A".
    1935: only comes in "A".
    1935A: "A" is common, "B" is scarcer.
    1935B, 1935C: only come in "B".
    1935D: "B" is common, "C" and "D" are scarcer.
    1935E: "D", "E", "F" are all common.
    1935F: "F" is more abundant than "G" but both are common.
    1935G, 1935H: only come in "G".
    1957: "A", "B", "C" are common, "D" is scarcer.
    1957A: only comes in "A".
    1957B: "A" is scarcer, "B" is common.
     
  11. doug444

    doug444 STAMPS and POSTCARDS too!

    My mistake, no need to be confused LOL. I'm keeping your summary, above, as I have other $1 star notes.

    Three consecutive numbers are now up for sale in the Sales Forum.
     
  12. Ed Sims

    Ed Sims Well-Known Member

    Numbers, I have three 1935 small sized silver certificates, how high does the prefix/suffix letter combination have to be to warrant a premium?
    1935D serial number G17477168G.
    1935F serial number R17165528I.
    1935H serial number D90012866J.

    The 1935H it seems the serial number is quite high for a regular note for that series.

    I have a quantity of 1957, 1957A, and 1957B silver certificates all with a suffix letter of A. The highest prefix letter of the 1957's is W, the highest for the 1957's is X, and the highest for the 1957B's is Y.

    The highest serial numbers I have are:
    1957 B84126035A XF
    1957A M90901583A CU
    1957A M90901584A AU light corner fold
    1957B T98088024A AU light center fold
    1957B R92670572A XF

    Do any of these carry a premium?
     
  13. silentnviolent

    silentnviolent accumulator--selling--make an offer I can't refuse

  14. funkee

    funkee Tender, Legal

    I checked out your for sale thread. I think $250 is a bit high for this set. Here are some recent sales for both raw and graded notes. Note that the first one is from the *-B block.

    08/16/2013 | 1935A $1 | *01552457B | PCGS 63 PPQ | $135.00
    04/30/2013 | 1935A $1 | *78081528A | CH CU | $50.00
    04/23/2013 | 1935A $1 | *13587306A | CH CU | $40.00
    04/23/2013 | 1935A $1 | *78419230A | CH CU | $40.00
    02/05/2013 | 1935A $1 | *33421170A | PCGS 63 PPQ | $91.00
    01/12/2013 | 1935A $1 | *30446064A | PMG 63 EPQ | $69.00

    Book value (Schwartz/Lindquist) of the 1935A $1 star is $150 in CH CU. However, that's closer to the retail price, on a good day, and given that the note is graded (PCGS or PMG 63 - 64).

    Blocks on the 1935A star are unimportant. However, for many non-star silver certificates, blocks can and do determine value.

    The 1935 (plain) $1 series of non-star notes consisted of notes from A-A to R-A, and A-B to C-B. The run of -B notes usually follows the end of the -A sequence. After Z-A, goes A-B. However, the -B 1935 $1 silvers were experimental issues. They can command prices of $100 to $400 a piece; whereas the plain 1935 $1 with the -A suffix usually brings about $30 to $50 in CH CU. A-A, B-A, C-A... to M-A are all common blocks and fall into this range. However, N-A, P-A, and Q-A can bring $100+, simply because far fewer were printed. When the M-A, N-A, P-A, Q-A notes were being printed, some were paired with new back plates, which used a larger back plate number. These were mules. Also around this time, the 1935-A series started to be printed.

    As printing continued, more and more 1935 $1's got the new back plates. However, some of the earliest mules from the 1935 M-A block can fetch over $1,000. And these weren't star notes. The N-A block saw more mules; even more with P-A, Q-A and R-A. A few star notes (*-A) received the new back plates. These mule stars can fetch up to $5,000 a piece.

    As I mentioned, around this time the 1935-A went to press. The first block was M-A. These are rare, and have sold between $2,000 and $8,000 a piece. N-A is also pretty scarce for 1935-A and can go for $100 - $200.

    So, yes - blocks do matter. With star notes, the print runs are usually short and do not cross blocks. But sometimes they do. Barring condition, the value of these notes will be based on availability. Consecutive notes generally add a small premium when it's from an uncommon series. However, to bring any significant bump, you'll need a quarter-pack (25 consecutive notes) or more.
     
    Last edited: Feb 2, 2014
  15. Brent450

    Brent450 New Member

    I have an 1957 Silver certificate PMG AU 55 (previously hinged on 4 back corners)
    Star 66666666A Where would I find the value for this?
     
  16. BrettB

    BrettB New Member

    You mention all the different blocks for a 1935A certificate. Mine is A-D any info?
     
  17. SteveInTampa

    SteveInTampa Always Learning

    This is an older thread @BrettB, are you able to provide any photos of your note ?
     
  18. I have 2 1935-D Consecutive notes M55043501F and M55043502F. How do I determine a value on these? The are not graded but appear uncirculated. The front of both bills are smaller than the bill itself and printed off center and at an angle. Any info would be appreciated.
     
Draft saved Draft deleted

Share This Page