Home U.S. & World Currency Forum

Soooo I'm a coin roll hunter... today my favorite teller asked me "Do you do bills?"

KurisuKurisu Posts: 1,994 ✭✭✭✭✭
edited August 31, 2022 5:29PM in U.S. & World Currency Forum

Heya super friendly currency folks!
My first ever post in currency :smiley:
I'm a regular on the coin forum side of things.

Coin collector since the 70's.
I have maybe 3 bills in my collection. All were gifts lol.
I know very very little about currency.

Also, looks like the middle $20 in the last image is perhaps a bit misaligned?

Anything you would like to educate me about would be absolutely wonderful.
By the way I am looking them up, that's fun too but I enjoy the forum feedback.
It's fun to be a beginner again :smiley:
Please and thank you!






Coins are Neato!

"If it's a penny for your thoughts and you put in your two cents worth, then someone...somewhere...is making a penny." - Steven Wright

Comments

  • hfjacintohfjacinto Posts: 871 ✭✭✭✭✭

    From what I can tell all are common notes. You do have a light green seal in the $10. You might get a few extra bucks over face but none of the notes I would call “valuable”.

    Still a pretty cool find!

  • hfjacintohfjacinto Posts: 871 ✭✭✭✭✭

    As to you what you have.

    The blue Seals are silver certificates and were exchangeable for silver coinage until the late 60’s.

    The red seal is a United States note and an an actual obligation of the United States. These were issued in $1, $2, $5 and $100. They were last issued with the 1966 series $100.

    Cool thing about the $1 red seal was that it was printed in the 1930’s, stores in vaults and released only in Puerto Rico in the 1950’s

    The green seals actually have some value in the lighter shades and yellow/green seals having more value than dark seals. In 1928 green seals (or federal reserve notes) where exchangeable for gold in 1934 tysr clause was removed.

    Of all the small series issued (gold certificates - yellow seal, United States notes - red seal, national bank notes and federal reserve bank notes - brown seal, silver certificates - blue seals and the 2 WW II issues - brown seal Hawaii notes and European war notes (used in the north Africa offensive) - yellow seals and blue denominations ) only the federal reserve bank notes - green seals are still around,

  • KurisuKurisu Posts: 1,994 ✭✭✭✭✭

    @hfjacinto said:
    As to you what you have.

    The blue Seals are silver certificates and were exchangeable for silver coinage until the late 60’s.

    The red seal is a United States note and an an actual obligation of the United States. These were issued in $1, $2, $5 and $100. They were last issued with the 1966 series $100.

    Cool thing about the $1 red seal was that it was printed in the 1930’s, stores in vaults and released only in Puerto Rico in the 1950’s

    The green seals actually have some value in the lighter shades and yellow/green seals having more value than dark seals. In 1928 green seals (or federal reserve notes) where exchangeable for gold in 1934 tysr clause was removed.

    Of all the small series issued (gold certificates - yellow seal, United States notes - red seal, national bank notes and federal reserve bank notes - brown seal, silver certificates - blue seals and the 2 WW II issues - brown seal Hawaii notes and European war notes (used in the north Africa offensive) - yellow seals and blue denominations ) only the federal reserve bank notes - green seals are still around,

    Oh nice. Thanks for taking the time to do this and making it interesting as well!

    Does the lighter green on the $10 carry a slight premium because it's an error...or rarer issue...maybe a "variety"? (in my coin voice, whatever that is lol)

    Thanks!

    Coins are Neato!

    "If it's a penny for your thoughts and you put in your two cents worth, then someone...somewhere...is making a penny." - Steven Wright

  • hfjacintohfjacinto Posts: 871 ✭✭✭✭✭
    edited August 31, 2022 6:23PM

    I guess you can call it a variety. The BEP experimented with different inks resulting in the various stages of green ink seals. The seals ranged from dark hunter green to almost a yellow green seal. The light yellow green seals have the largest premium as fewer were produced, but they were still plentiful. In uncirculated they are worth a few dollars. You only get a higher value in MS64 and higher. In circulated very little premium over face. The dark green seals have little premium over face even in mint state. I have a slabbed 1934 dgs (dark green seal) $20 in MS63 EPQ that I paid $25 for.

  • hfjacintohfjacinto Posts: 871 ✭✭✭✭✭

    The misaligned $20 is within tolerance. Unless the actual printing is effected by alignment/cutting it has no premium, actually loses value compared to a perfect aligned note.

  • Serial_no_8Serial_no_8 Posts: 455 ✭✭✭

    @hfjacinto summed your finds brilliantly. And so the next question is: are they collectible? I think the safest answer is to some, "yes," others "maybe" & most currency collectors (unless they're complete beginners) "no." So, if this means anything to you (since you collect coins regularly), what to do with them?

    If it were me, I'd take them to my next coin show (unless I needed the money desperately- then back in the wild). The reason I write this is b/c I have already done this on many occasions. (And there might be a coin you want). I haven't done it in a while (haven't had the worn out notes to do it with) but when I did do it -the thing I liked about doing exchanging old common notes was I always felt like less of a dent was put in my pocket when I found something collectible (& in better condition). I also liked the fact that the dealer would likely use the note(s) in change (especially if there were younger collectors involved in his subsequent transactions) so as to keep the fire of collecting bright in them. Sometimes it also would elicit some further chat/conversation with the dealer which was always interesting too (like where did you get these? and other things to chat about) provided he wasn't very busy.

  • Steve_in_TampaSteve_in_Tampa Posts: 1,957 ✭✭✭✭✭

    Nice additions.
    The bottom three $20s have the new design back with the balcony. The others do not.

  • ashelandasheland Posts: 23,189 ✭✭✭✭✭

    Fun find. 👍

  • OAKSTAROAKSTAR Posts: 7,166 ✭✭✭✭✭

    And that's how it happens. Excellent find!!

    Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )

  • WillieBoyd2WillieBoyd2 Posts: 5,131 ✭✭✭✭✭

    The story behind those notes would be interesting.

    :)

    https://www.brianrxm.com
    The Mysterious Egyptian Magic Coin
    Coins in Movies
    Coins on Television

  • Glen2022Glen2022 Posts: 932 ✭✭✭✭

    Does the teller tip you off or save an old coin for you? Any idea what caused him/her to tell you about these notes?

  • KurisuKurisu Posts: 1,994 ✭✭✭✭✭

    @Glen2022 said:
    Does the teller tip you off or save an old coin for you? Any idea what caused him/her to tell you about these notes?

    I get a lot of coin rolls at a few banks and I'm just nice the tellers. Also occasionally I bring them donuts, true :smiley:
    Some of them know me and they will let me know about anything that's unusual to them.

    In this case she's known me for years and knows I'm all about coins. She recognized that they were just old and different bills and stuck them in an envelope to offer me. There are plenty of other coin and bill hunters (I'm in the Denver area) she knows too so she was honestly likely to offer them to one of them first but I happened to show up first.

    I'll ask her if she remembers who it was that gave them the bills or if she was even there when the bills showed up.

    Coins are Neato!

    "If it's a penny for your thoughts and you put in your two cents worth, then someone...somewhere...is making a penny." - Steven Wright

  • Glen2022Glen2022 Posts: 932 ✭✭✭✭

    @Kurisu said:

    @Glen2022 said:
    Does the teller tip you off or save an old coin for you? Any idea what caused him/her to tell you about these notes?

    I get a lot of coin rolls at a few banks and I'm just nice the tellers. Also occasionally I bring them donuts, true :smiley:
    Some of them know me and they will let me know about anything that's unusual to them.

    In this case she's known me for years and knows I'm all about coins. She recognized that they were just old and different bills and stuck them in an envelope to offer me. There are plenty of other coin and bill hunters (I'm in the Denver area) she knows too so she was honestly likely to offer them to one of them first but I happened to show up first.

    I'll ask her if she remembers who it was that gave them the bills or if she was even there when the bills showed up.

    That is great. I once had done business with a small bank and befriended a teller. I asked her to let me know if the bank ever received a $500 or $1000 bill. They occasionally still show up at banks. She said she would. Unfortunately she left that job several months later and never received a note.

Sign In or Register to comment.