I have an opportunity to buy "large bills" from an "eduction series." Thats how they've been described but I haven't seen them yet. I'm assuming it's the 1896 series but I'm on the fence with whether I should purchase them for the likely price of a few hundred bucks. I've tried to look around to get a feel for what the notes from that series are worth and representative photos of grade but haven't had much luck. Anyone have any advice for where I can look and also - whether a few hundred dollars each for notes in that series would be worth it - assuming they aren't battered and falling apart or covered in large creases and tears? Thanks in advance
There are several currency books available at your local library that can help, that's what I did when I bought a few on Heritage and e-bay. Book is A Guide Book Of United States Paper Money: Complete Source for History, Grading, and Prices However, if you can get some picts and post them that would even be better because if you are not an experienced currency grader you may want to get an opinion of someone that knows more. I know that the cost of the note will be wide ranging depending on grade. Hope this helps.
Unfortunately, pics woould help the most. The value of these notes is dependent on their respective grades and appearance.
I can tell this, a $1 Educational Note between $100-$200 is going to look like garbage. I have struggled with this note myself, because I'm a cost conscience with large notes and any return I hope to see in the future. Educational notes tend to pop up a lot on Ebay, and most are flipped within day, weeks, or months after the Ooh & Aah wears off. The $5 is the most desirable, next is the $2, and finally the $1... Get no less than two currency price guides!!! There is always a wide variation between authors, and you know the sellers is going with the highest one. I wish I could tell you ways to gain leverage over the seller, but Educational notes sale themselves in any condition! I can tell you this! Buy the highest condition you can afford - probably explains why I don't have one
Here is a picture of the $1 note I have. Pretty rough condition, obviously rode around in someones wallet. Gene
ya-owe-za! I could live that note Lawtoad!!! Real nice. Now if I could find one that nice for under two bills... I let one slip away today for $120, but it was absolute crap. There wasn't one square millimeter that didn't have a crinkle in it, and the color was dark brown. No thanks, bought a nice '23 silver cert & 1862 Virginia state note to curve my currency withdrawal! Collecting my pennies right now for an awesome '29 $50 brown seal in CU. It's going to get crazy up in here!!! If your reading this please let me have this one? please...
Sorry only Education note I have. Actually got this one for $65 about 15 yrs ago, and it is one of my favorites in the collection. I have been looking for a decent $5 note, but like you am having to save my money. Gene
Your note in Fine condition with Signatures Tillman-Morgan is FR 224 and worth $450!! Nice buy at $65!!
Guys - thanks for the information and advice. I have a chance at buying these from someone who inherited a large collection and just wants to liquidate some of it. They know as much about the notes as I do - which is next to nothing and just mentioned in passing they would want a few hundred bucks. I haven't seen them to have any idea what condition they're in but I'll have to make a spot judgement when I see them as I won't be able to photo-post and get opinions. If I buy them, I will certainly post.
Well I went up and met with the person today. He had a buch of paper money but much of it was out of my league (large $50 bills he wanted some big bucks for). I ended up buying, an 1896 education $1, an 1899 $1, 1923 red $1, an 1840 $2 from The Globe Bank in NY and a 50 cent fractional note from 1863. Didn't break the bank and I like all of them. I'm going to try and take photos at some point but I'm not really set up for it so it may take a bit to get decent photos.
Yeah large 50's & 100's get crazy! You have to remember that was a lot money in the day, so it usually had a lower mintage. What was the supply back in the turn vs today? 1:25 or something? So a $50 in 1899 would be about $1250 dollar bill today, and $2500 for the $100 respectively.
I need some help, I found a 1 dollar bill today that has both side as a normal 1 dollar bill, but on the side with the eagle and pyramid it has George Washington's head as well. series is 1988 very good apperance no fade at all.
