two from circulation two for the collection

Discussion in 'Paper Money' started by USS656, Apr 14, 2008.

  1. gatzdon

    gatzdon Numismatist

    I go through more than a bundle's worth of $2's every week and I've already found more than 6 notes from uncut sheets in the past 6 months. For the most part, they all looked like they circulated a bit before I got them, so there is no telling how long ago they were cut. I'm guessing a very common source of cut up uncut sheets are ones that were stolen and spent at face value, but that is just a guess.
     
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  3. Niel

    Niel Mostly Sane

    One other telltale sign as it applies to this note. There were no 2003 $2 FRNs from K district (Dallas) printed for circulation. only I district (Minneapolis.)
    The BEP did produce star notes for all 12 fed districts, and they were all very low serial numbers, but that doesn't apply to the note you found.
    In fact, I'm having a tough time finding out for sure if the BEP had sheets of K district notes. Does anyone have a resource that shows that the BEP printed sheets from Dallas?
    Maybe there's a gift shop at the Fort Worth BEP plant that sold K district sheets and this is from that source.
    This is the first non-star for 2003 other than I district that I've seen.
     
  4. moneyfan

    moneyfan collector of coins/bills

    i am going to have to buy a uncut $2 bill sheet. then i would have all the two dollar bills i would ever need.
     
  5. Numbers

    Numbers Senior Member

    The BEP has an annoying habit of printing uncut sheets without telling anyone. Here's the data I've been able to collect on what's been sighted, but it's only as complete as the reports people have made.... :cool:
     
  6. Niel

    Niel Mostly Sane

    Great Resource Numbers!!! :thumb:

    Now of course, my small $2 collection has opened up again.
     
  7. USS656

    USS656 Here to Learn Supporter

    And one more for the collection

    This is the second note with this combination for me :)

    [​IMG]
     
  8. Daggarjon

    Daggarjon Supporter**

    WOW man, is that cool. to have not one, but TWo notes with that serial combo... very neat!

    i got a note today .. not nearly as cool as yours, that had a serial of 07797792 . .. so close lol
     
  9. USS656

    USS656 Here to Learn Supporter


    Thanks - LOL - I pick up in circulation 59205592 - Almost spent it today at subway - not a great repeater but just doesn't seem right letting it go at face for a meatball sub. :) This numbers game can be really funny sometimes! It's been folded in quarters so at some point I'll just let it go - just not like that. Maybe at a coin show.

    Best Regards ~ Darryl
     
  10. mikenoodle

    mikenoodle The Village Idiot Supporter

    They sell the sheets to anyone who wants to buy them on their website. If I understand your other question correctly, I think what you're asking is: If there is a set money supply asked for by the government, do they print "extras" for these sales, or do they short the supply for everyone else? and the answer is, no.

    Part of the demand for money on the federal reserve is because collectors remove a fair amount from cirulation for whatever interest or purpose suits them. In the 1990s, the US Mint became more cognizant of how they could lower operating expenses by marketing certain products that they were already making to customers directly. One of the niches that they have found is the uncut sheets of notes. The Mint sells them directly to the public through it's website, and the money goes directly to offset operating expenses.
     
  11. urbanchemist

    urbanchemist US/WORLD CURRENCY JUNKIE

    liking the radars. very nice indeed. :)
     
  12. Troodon

    Troodon Coin Collector

    Yep... generally federal reserve notes since 1981 with serials 96000000 or higher are reserved for uncut sheets.
     
  13. the collector

    the collector *Aussie Coins Collector*

    Nice numbers you got there!
     
  14. deadmunny

    deadmunny Member

    I'm getting a good education while perusing these various threads.
    So, a high serial number beginning with a 9 is just as collectable as a low one.
    And I can assume that a "high" was handcut from some collector's sheet because he needed some quick gas money. This is interesting stuff.
     
  15. Daggarjon

    Daggarjon Supporter**

    one will never know 'exactly' WHY they cut it ... we just know they have :(
     
  16. USS656

    USS656 Here to Learn Supporter


    Thank you! :)
     
  17. Numbers

    Numbers Senior Member

    Unfortunately it's more complicated than that....

    In 1981 the high serial printed for circulation was still 99840000, and the uncut sheets used serials higher than that number. In 1983 the maximum serial printed for circulation dropped to 99200000. Around 1990 it dropped again to 96000000, but only for denominations of $20 and lower; the $50 and $100 still go up to 99200000.

    All the uncut sheets of $1's in Series 1981 and 1981A used serials 99840001 and higher. Through Series 1988A, the lowest numbers used on sheets were still in the 996xxxxx range. Beginning with Series 1993, the sheets commonly have numbers starting at 99200001. The 1976 $2 non-star sheets were actually printed in the early '90s, and most of them also have serials 99200001 and higher, but some in the I..A block actually have 98xxxxxx serials. The 1995 $2 sheets in the F..B block were the first to use serials all the way down to 96000001. Since then, most non-star sheet printings have continued to carry serials in the 99-million range, but serials beginning with 98, 97, or 96 have been used a few more times too. The recently introduced $50 sheets, of course, stick to serials above 99200000, to avoid duplicating the circulation-printed notes.

    Then there are the exceptions. The big one is star-note sheets: these have never used the high serial numbers, but are instead numbered in sequence with the star-note production for circulation, meaning their serials are usually on the low side. There are also a small number of 1995 $5 sheets with serials 8888xxxx instead of the traditional high numbers.

    There now, wasn't that more than you wanted to know? :cool:
     
  18. LSM

    LSM Collector

    Very nice radars. Darryl, If I should happen (wishful thinking) to come across a radar from circulation with does sets of numbers (656) it's yours. :)

    Lou
     
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