Very Poor Hawaii Note- $20- yea or nay?

Hey everyone, I was looking at the $20 Hawaii Federal Reserve Emergency Note, and i just do not not if it is a good deal or not, considering how poor of conditon it is in.



Thanks for the input!
Greg

 

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Hello Greg,

I tried to view the bill but got a Forbidden warning saying I could not.

Regards,
Stan

 

Haha sorry about that. There's the picture now!

 

Yikes,

I just wanted to see it. I know my first big buy on the bay was a 1899 Black Eagle which would of been the sister to that baby, and I paid WAY to much for her, but wanted her so paid for her anyway.

I believe the saying goes beauty is in the eye of the holder. If your just collecting to have one...maybe, for investment. well i would wait for more form opinions then...

Regards,
Stan

 

Some might say keep it, some would say loose it. IMHO - I would hang onto it for now if you got it cheaply (or can get it cheaply). Some of us on small currency budgets can only afford stuff like that. I would love to get one of those in CHCU....but realize that I can't afford one like that.

Bottom line - if you like it and think it was worth it, then keep it. but like I said....IMHO.....and my opinion doesn't match the majority a lot of the time.


Smaugy. :thumb:

 

Wouldn't pay more than $25 for it.

I still kick myself for selling my EF years ago.

 

whats the going price? I might grab it, even if the price is a bit high.... its not a note i see very often!

 

I know how it feels to want a note but funds won't allow, it happen to me all the time, but I would hold off, save up a little more cash. You'll be happier in the long run.

 

IMO, Nay. Twenty skins + $5/ $10 more could buy a 1935A Brown seal Hawaii SC in VG/F. Not on feeBay. Not at an online site either. But, your friendly local coin / currency store most likely could help. Another reason to establish a relationship with a dealer. However, if you are lusting to own the twenty, snap it up.

 

Gee...I would like to know more about this note....What makes it so sought after and worth premium in such terrible condition?

 

The asking price is $24.00
http://http://cgi.ebay.com/1934-20-...ryZ40031QQssPageNameZWDVWQQrdZ1QQcmdZViewItem
If the link Doesnt work , Here's the Item Number -- 350092912119
The note is Special because on the reverse, HAWAII is printed on the back, because I believe they were Emergency Notes During WWII, and they were specifically made for the islands.

 

i might grab it for the $4 premium, plus shipping. its still worth the $20 face, so your not losing much

 

I can't believe this.....Are these WW II era notes still legal tender?

 

Them and every other note the U.S. has ever printed. Unlike some (most?) countries, the U.S. never demonetizes its obsolete notes. You might have a hard time convincing your friendly local gas station cashier that that bill can be spent for $20, but it can be.

 

Isn't that true with one exception. Wasn't some of the fractional currency from the 1800s demonetized?

 

I know it would never happen, but it would be cool if after taking to the bank they reissued it as a star note.

 

With a little luck, you could take it to the bank and you they would issue you a star note like this: :hail: (sorry, I had to say it :kewl: ).

 

Yes.... in 1962


RickieB

 

Demonetised, meaning you cannot spend them in a store, but they can be redeemed for face value.

 

Gold certificates were demonetised, and technically illegal to own until the 1960's. I wonder that the reason some are around is that some held onto them thinking they were going to be redeemed at a later time, ie the USA would go back on the gold standard? In the Jupiter collection sale there is a 1922 $500 Gold Certificate with Lincoln's vignette, that was quite a pile of dough to stash away back then without spending it.