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#1
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Question US dollar
My uncle died a few years ago and recently his coins and paper money
collection have been given to my sister and me. We're working on the coins, bought a book and all that, but have a question about the paper money. Is there any particular reason my uncle would have been saving 1963 US dollar bills? Most are very used and dirty, not collector quality. My guess is that there was a personal reason he collected these particular bills, one which we will never find out, but it never hurts to ask! He also had a 1928 US two dollar bill with "The United States of America will pay to the bearer on demand two dollars" and a 1976 two dollar bill with a postage stamp affixed and canceled to the left of the serial number. You can't read the words on the cancellation mark. Is there anything important about these bills or have my sister and I just come into some quick cash? ;-) Thanks in advance for your input! Cindy |
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#2
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On Mon, 08 Dec 2003 14:38:58 GMT,
wrote: My uncle died a few years ago and recently his coins and paper money collection have been given to my sister and me. We're working on the coins, bought a book and all that, but have a question about the paper money. Is there any particular reason my uncle would have been saving 1963 US dollar bills? Most are very used and dirty, not collector quality. My guess is that there was a personal reason he collected these particular bills, one which we will never find out, but it never hurts to ask! He also had a 1928 US two dollar bill with "The United States of America will pay to the bearer on demand two dollars" and a 1976 two dollar bill with a postage stamp affixed and canceled to the left of the serial number. You can't read the words on the cancellation mark. Is there anything important about these bills or have my sister and I just come into some quick cash? ;-) Some quick cash, by the sound of it. Certainly the 1976 $2 note is nothing special. It was a fad, as I understand it, to get $2 notes, put a stamp on and have them cancelled on the first day of release. First day of issue was April 13, 1976. It is an interesting piece of Americana and there are probably people that collect as many cancellations or stamp types as possible. You could try auctioning it on Ebay - but they don't look like they sell well. The 1928 - or about any note for that matter - that's in pristine, unfolded, uncirculated condition will be worth more than face value. If it's circulated, I don't think you could get much for it, maybe five to ten bucks if it's pretty nice. As for the 1963 $1, these are the so called "Barr notes", signed by Joseph Barr. There has been a persistent urban legend that they are valuable and rare, because Barr was in office for such a short time. As it turns out, they aren't so rare, so it looks like your uncle thought he'd struck it rich. Once again, you could try selling them on Ebay - you might just find someone else who thinks they're rare! Lots of circulated Barr notes sell for perhaps a dollar or three above total face value, it seems [i.e., a lot of six is currently selling for $8]. Otherwise, I think it's safe to spend or deposit the lot as you see fit. Padraic. la cieurgeourea provoer mal trasfu ast meiyoer ke 'l andrext ben trasfu. |
#3
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Check the serial numbers of these notes for the following
letters are estimates AB44444444D (All 1 number - very scarce) AB12344321D (RADAR note - mirror image of the other side, not as scarce) AB11221122D (Repeater note - not as scarce) *AB38490523D (Star Note - a replacement note) (fairly common) If you want to try Ebay - take a good scan, describe it the best you can - start everything CHEAP - and then see what the market will pay for the item, since they are only worth what someone will pay. I'm thinking that there isn't anything that wonderful in this lot, but you can always try and see. Rick Padraic Brown wrote in message . .. On Mon, 08 Dec 2003 14:38:58 GMT, wrote: My uncle died a few years ago and recently his coins and paper money collection have been given to my sister and me. We're working on the coins, bought a book and all that, but have a question about the paper money. Is there any particular reason my uncle would have been saving 1963 US dollar bills? Most are very used and dirty, not collector quality. My guess is that there was a personal reason he collected these particular bills, one which we will never find out, but it never hurts to ask! He also had a 1928 US two dollar bill with "The United States of America will pay to the bearer on demand two dollars" and a 1976 two dollar bill with a postage stamp affixed and canceled to the left of the serial number. You can't read the words on the cancellation mark. Is there anything important about these bills or have my sister and I just come into some quick cash? ;-) Some quick cash, by the sound of it. Certainly the 1976 $2 note is nothing special. It was a fad, as I understand it, to get $2 notes, put a stamp on and have them cancelled on the first day of release. First day of issue was April 13, 1976. It is an interesting piece of Americana and there are probably people that collect as many cancellations or stamp types as possible. You could try auctioning it on Ebay - but they don't look like they sell well. The 1928 - or about any note for that matter - that's in pristine, unfolded, uncirculated condition will be worth more than face value. If it's circulated, I don't think you could get much for it, maybe five to ten bucks if it's pretty nice. As for the 1963 $1, these are the so called "Barr notes", signed by Joseph Barr. There has been a persistent urban legend that they are valuable and rare, because Barr was in office for such a short time. As it turns out, they aren't so rare, so it looks like your uncle thought he'd struck it rich. Once again, you could try selling them on Ebay - you might just find someone else who thinks they're rare! Lots of circulated Barr notes sell for perhaps a dollar or three above total face value, it seems [i.e., a lot of six is currently selling for $8]. Otherwise, I think it's safe to spend or deposit the lot as you see fit. Padraic. la cieurgeourea provoer mal trasfu ast meiyoer ke 'l andrext ben trasfu. |
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