US Small Size Common Denominations Type Set

Discussion in 'Paper Money' started by killswitch95, Aug 26, 2021.

  1. killswitch95

    killswitch95 Member

    (Originally posted in Showcase by mistake)

    Since pre made type sets for US currency are not nearly as common as coins (I had to format the album myself like a Dansco type album) the restrictions on such are a lot looser...

    As such I made this very similar in design to the capital plastics 20th century US coin type set holder in that it holds one note, of each denomination, of each type within that denomination. Series year, or series year sub type (2017A for example) are not paid any mind...

    Another thing to bare in mind is that regarding the old currency I find the history that such a bill may contain in its day to day transactions to be a fascinating and driving factor behind my desire to own such pieces... The history of America in a single book... That being said two things hold me back from including large denominations in my set those being:

    - $500-$10,000 denominations, even near the end of their life span, were not used nearly as much as the $1-$100... I would rather own a $1 Silver Certificate Short Snorter from a wartime place than a $10,000 bill if money were no issue... The Short Snorter has such a story to tell...

    - Obvious economical restrictions of wanting to purchase such pieces, Demand is high and Supply is low...

    As such my Type Set is built around the notion of 'Common denominations used in everyday commerce and the building of America.'

    *Holding place for a bank card prompting users about the change from large size currency to small size currency on July 1st 1929.*

    Gold Certificates
    [​IMG]
    [​IMG]
    *Holding for $50 & $100 Gold Certificates*

    *Holding for Type 1 National Bank Notes*
    *Holding for Type 2 National Bank Notes*

    Federal Reserve Banknotes
    [​IMG]

    Hawaii Overprint Notes
    [​IMG]
    [​IMG]

    North Africa Notes
    [​IMG]

    Silver Certificates
    [​IMG]

    United States Notes
    [​IMG]

    Federal Reserve Notes (Small Portrait)
    ($1 is a Series 1963, $2 is a Series 1976)
    [​IMG]

    Federal Reserve Notes (Large Portrait Redesign)
    [​IMG]

    Federal Reserve Notes (Color Currency *Star Notes Picked from Circulation*)
    [​IMG]

    I am hoping to complete the set by early 2022...
     
    Last edited: Aug 26, 2021
    MSL, midas1, Bradley Trotter and 6 others like this.
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  3. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    Really NICE Collection !! I would be proud to have it . How long did it take to reach this point ? Good Luck on your goal !!!;)
     
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  4. killswitch95

    killswitch95 Member

    I've been working on it about a year and a half, I work as a ASM at a gas station and got a lot of it from there (About 7 additional pages of extra old FRNs, Silver Certificates and star notes)... One of which I'm fairly proud of is this note which was used to buy a $1 scratch off lotto ticket:

    [​IMG]

    [​IMG]

    Of course there have been some purchases of the older WWII and back notes and the red 1 and 100, but the rest are out of circulation, and the ones I did buy I try to get mid grade examples... Nice circulated notes that you can see the history in.

    I have the album set to where as the government releases their new designs we can just incorporate them right in...
     
  5. Southernman189

    Southernman189 Well-Known Member

    Man after my own heart after I flooded Coin talk with the bills a few weeks back. I love old currency.
     
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  6. killswitch95

    killswitch95 Member

    It all started with a Series 1963A $10 that I thought 'Wow, this things been around...' I love it too man, the stories these bills could tell...
     
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  7. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    I love old Bills too . Here's my favorite in my collection ( if the op doesn't mind)not to mention a few more . 1934A North Africa Note-front.jpg
     
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  8. Southernman189

    Southernman189 Well-Known Member

    Beautiful crisp bill. I'll be sending a self addressed envelope to ya!;):greedy:
     
  9. Jaelus

    Jaelus The Hungarian Antiquarian Supporter

    This is a nice set. I see what you're trying to do here, but I think you're selling yourself short by skipping other major small note types, especially in the FRNs and USNs. Some of these changes may look minor but they represent significant changes in monetary policy; some of these major changes are especially puzzling as omissions since it seems like you're including sets of both National Currency type 1 and type 2, which is more or less a minor layout change with how the charter and serial numbers are presented.

    For FRNs I would say start off with the major types of series 1928 for $5-$100, then series 1928B for $5, $10, and $20 and 1928A for $50 and $100. That was a major change to use the Federal Reserve bank letter instead of the district number, but as these were first year small notes they had not yet adopted the practice of changing the series year for major design changes. After series 1928 and until 1974, when you see a series year change for a particular denomination it explicitly denotes a major type change. This is a super important concept for small note set building because during this period they have essentially done the work for you in identifying major type changes. A series letter change, however, during that period typically denotes a signature change, so those would be the minor types. In 1974, when William E. Simon became Secretary of the Treasury, they annoyingly started changing the series date whenever they had signatory changes for the Secretary of the Treasury, so the series date after that point no longer represents major type changes.

    Accordingly, you then have FRN series 1934 $5-$100 and series 1950 $5-$100. Both of those have layout and minor design and text changes that affect redeemability. You have in your set already the more modern types starting from 1963 (and 1976 for the $2) but I would consider the types of 1990 for $5-$100 to be different major types because they added both the security strip and microprinting around the portraits which were historically important changes in counterfeit prevention.

    You're really not missing very many US Note types here, and could finish off the complete major small US Notes set with only a $2 and $5 from series 1928 and a $2 and $5 from 1953 (these are the last of the redeemable USNs - the 1963 series and 1966 $100 were not redeemables and have quite a different layout). Of note also the series 1966 was the first to feature the modern treasury logo in English.

    For Gold Certificates, you are missing the $100 series 1934 gold back, but that's also not really obtainable.

    For Silver Certificates, I would include the $1 series 1928 (and on paper the $10 1933 though it's not really obtainable) as well as the $1, $5, and $10 series 1934 and $1 series 1935 (no motto). There was a minor layout change from SC $1 1935 to 1935 A-H, however, the version you have (series 1957) has both this layout change and the IGWT motto, so the series 1935 would be quite different in your set.
     
    Last edited: Aug 26, 2021
    Southernman189 likes this.
  10. Mountain Man

    Mountain Man Well-Known Member

    That's a beauty of a set. You should be proud of it for sure.
     
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  11. killswitch95

    killswitch95 Member

    The Type 1 & 2 National Currency notes for some reason are considered distinctly different types, originally I was just going to do the 5-100 of National Currency, whether it be a mix of type 1&2 or not, however in the early stages of developing the album I found most places and people consider the two different types distinctly different...

    That being said, when I have the set as current completed I am thinking of the idea of adding to it, such as in the USN's and FRN's and Silver Certificates... I've only been working on it a little over a year, and have plenty of time to expand it at the moment...

    Like the notes mentioned above do have significant changes in them, seal size, location, denomination color, seal motto, and as you said the wording on the bills themselves I have a 1950C 20 picked out from work and the small print motto is different than the modern ones, along with 'Will pay the bearer on demand Twenty Dollars' so it is something I may do. But for now I'm going to focus on completing the core of the set.
     
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  12. killswitch95

    killswitch95 Member

    Great looking North Africa note, I don't mind the posting, my post is kinda show and tell so I'm interested in what you guys have too...
     
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  13. killswitch95

    killswitch95 Member

    Got to work on the National Bank Notes, got a Type 1 & 2 $5 completing the basic $5's out of the set...

    5 Dollar National Bank Note Type 1 Series 1929 Front.jpg 5 Dollar National Bank Note Type 2 Series 1929 Front.jpg 5 Dollar Denomination Set, 10 Bills.jpg
     
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  14. Southernman189

    Southernman189 Well-Known Member

    collecting currency to me is just as much fun as coins. I talked to folks in te past will only collect one or the other. To each their own I guess.
     
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  15. killswitch95

    killswitch95 Member

    I actually started with coins as a cashier...

    Found this one at work last year as the sole non-2020 cent in a roll of otherwise fresh 2020's...

    1909 Lincoln Wheat at the Register.jpg
    Lincoln Wheat Front.jpg Lincoln Wheat Back.jpg

    Got this one out of a penny roll at my last job, was expecting a gold plated penny but instead...

    1939 German Reichspfennig A Front AU.jpg 1939 German Reichspfennig A Back AU.jpg

    And then only a couple coins out of this weren't found at work, the V Nickel and the Barber Dime... Rest were scooped from the till (Paid for of course)
    That coin shortage last year and this year really brought some nice coins out of otherwise tucked away collections to be spent by unknowing children and young adults...
    US 20th Century Coinage Type Set Front.jpg US 20th Century Coinage Type Set Back.jpg

    Had a fun time picking this set out the till as well...
    Silver War Nickel Full 11 Coin Set Front.jpg

    And then a few foreign notes I've found at shops that caught my eye
    (Mostly the printings, some of these foreign notes are just beautiful...)
    Chinese 10 Yuan P118o 1914 Front.jpg
    Trinidad and Tobago 1 Dollar 1939 Front.jpg

    So yeah, I collect it all, Coins, Currency, Foreign Coins & Currency, and Bullion from time to time...
     
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