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<p>[QUOTE="Jaelus, post: 7849970, member: 46237"]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.</p><p><br /></p><p>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 <i>it explicitly denotes a major type change</i>. 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 <i>letter</i> 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series date whenever they had signatory changes for the Secretary of the Treasury, so the series date after that point no longer represents major type changes.</p><p><br /></p><p>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.</p><p><br /></p><p>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.</p><p><br /></p><p>For Gold Certificates, you are missing the $100 series 1934 gold back, but that's also not really obtainable.</p><p><br /></p><p>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 <i>and</i> the IGWT motto, so the series 1935 would be quite different in your set.[/QUOTE]</p><p><br /></p>
[QUOTE="Jaelus, post: 7849970, member: 46237"]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 [I]it explicitly denotes a major type change[/I]. 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 [I]letter[/I] 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 [I]and[/I] the IGWT motto, so the series 1935 would be quite different in your set.[/QUOTE]
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