Todays treat ;)

I just walked outside and noticed my neighbor down the street. He deals with iPhones repairing them, buying and reselling, and such. He goes through extreme amounts of cash so everytime I see him out and about I remind him about what I collect. This time I reminded him he pulled out a wad of cash thicker than fitting his pocket. Barely fit his pocket. He went through it all right in front of me and this is the final result. No stars or anything else but I'm happy with this


This is deffinately the oldest note I have pulled out of circulation compared to 2 1950B and 1950D $5's my bank teller got for me. What do you guys think? Anybody have an idea on value? With these older notes it seems to be hit-and-miss.

 

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With the writing I'd say about $22 to the right buyer. Regardless of value it is still a neat find. I am curious though... You have a neighbor down the street who goes through an extreme amount of cash that wont even fit in his pocket...I suspect he deals with more than just iPhones, lol...

 

What you mean computers TOO? Uh oh he is CRAZY! Seriously though no he isn't into anything like that and if he is whatever as long as it don't cause me problems and I get a 1950A $20 for face out of it its all good haha. My first estimate was $24 btw...

 

dont know if you noticed, but take note: it does not say "In God We Trust" on the reverse above the white house. I had one of these, S# 28528528 and a series 1969 framed together showing reverses overlapping. (The '69 had it) I proudly displayed it on my entertainment center until the day someone broke in. If you have no other reason to, I hope you hold onto it for that. -Andy

 

Plus does anybody recommend erasing the pencil mark? I've heard and been told many many times not to practice anything like so... But I am going to keep this note for a long time and I'd like it to look good in its protector case. Do you guys think it could at all damage the note if I was extrmely careful with it and didn't leave eraser shaves? Any info on this could help and if anybody knows any other possibly safer ways to remove the pencil mark please share it with me!:hail:

 

write on a $1 in pencil to practice on with different types of erasers. I've heard that those super soft gum erasers are the way to go but can never seem to remember to buy one. Let me know how it fares for you?

 

Sure man. I'll let you know how it works out.

 

Be very careful if you try to erase the numbers on that note. One time I found a crisp and high-grade $1 1985 L-P note that I wanted for my collection but it had some numbers written in pen on the front. I used a large ink eraser which did erase the numbers but unfortunately went over part of the FRB seal and it showed...

 

Well mine look to be just pencil so I think it will work better than that and plus I am going to be very careful.

 

Removing pencil marks on notes leaves evidence, especially when the pencil mark is on an area of the note that shows typical, honest wear. The entire area will become "cleaner" looking than the rest of the note. Skilled note doctors will chemically or mechanically clean the entire note improving how the note looks in photographs, but will inevitably ruin the notes originality. You can experiment with older common notes to get an idea of how it works, but trying it on a new, or almost new note will have totally different results. Writing in ink, or teller stamps are almost impossible to remove without a total lightening effect on the entire note, (all of the printed areas).

BEFORE photo of $100 note with teller stamp on right side;



AFTER photo with teller stamp removed, but note is now lighter in all printed areas.




Almost all collectors would advise against cleaning, or pressing notes for originality sake.

 

Steve,

I most deffinately see a large difference in your note there. DID PCGS note anything on that? Were they able to tell that the note was chemically altered to make it look better for grading? Because I see there in the "before" picture it is not graded and in the second picture it is. My used crapped up 1950A $20 is not match for your 1929 $100 KC note... So I still may consider having mine fixed anyhow. At second thought... I do love the history of notes... I'm torn I'll have to give it more thought.

 

I got a note a few months ago for very good deal, however when I pulled the note out of the sleeve, I could smell the bleach! I ended up gently washing the note in a very mild soap solution, and letting it air dry in a book for a couple days.
It was a 1914 $20 K/11, that is wayyyy to white for circulated conditions. I was thinking about leaving it in the sun for a little bit to brown it a little. Amazing how much work I had to put into this note just to return it to it's original circulated condition!!!!
Leave dem notes alone people!!!

I can't tell you how many 1935 $1 Hawaii notes I received that have been ironed! You can see that the binders in the paper have literately melted and rehardened into a glossy sheen, and the intaglio virtually gone. UGGG! ERRRR!

 

So all in all, I should just leave my note be... I think I am going to do that anyways, because I like the history of things too not just the value. Plus, altering the note could potentionally depreciate it in the long run anyways... Thanks for the advice.

 

Note J00028342A, 1929 $100 FRBN was purchased raw, and remains raw. It has never been to TPG (to my knowledge)

 

Oh okay it seemed like in the second picture it was in a graded sleeve but it must have been in a regular sleeve.

 

That would be my advise, and like you said; those little marks add a little personality. Teller stamps do not turn me away from a sale, however I might not pay as much as one that is pristine. Damaged notes using tooling to remove a teller stamp is a complete turn off.
I forgot were I read this but a huge amount of older large notes have been processed in one form or another in it's life. Probably would explain why even the most obvious cleaned notes can still take a grade by a TTG. Not as high as it would get if it were untouched for sure.

BTW: I have a teller stamp on one of my '29 FRBN $100 as well. Doesn't bug me one bit...

 

Just be aware...

IF he is "into anything like that", you exchanging cash for cash could quite easily be seen as laundering. Certainly, you could demonstrate your activity was born of collector's interest, but who wants that hassle?

Just an FYI

 

I would assume you would have to push a lot more than $20 bucks to get caught up in tax evasion?
But than again I'm not a lawyer?

 

Haha you guys are so silly :yes:. I'm assuming you all aren't from any big cities. "Drug dealing" around here is now walking down to the "green store" and grabbing a fat one haha:devil:. Ssssshhhhh though, don't tell the Feds, they don't know yet lol. I hope they don't use this as "incrimidating evidence" HAHAHAHAHAHAHA!!

 

Don't worry, it's only "incrimidating" evidence of poor spelling.

The word you're looking for is incriminating.