Vintage Bank bags
coinkat
Posts: 23,259 ✭✭✭✭✭
Does anyone here collect them?
Experience the World through Numismatics...it's more than you can imagine.
0
Comments
-Paul
They frame up very nicely and are true Numismatic Americana.
njcc
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Edward
He who knows he has enough is rich.
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.americanlegacycoins.com
--Severian the Lame
Here's a terrific leather bank bag (not mine) from a recent thread on the currency forum.
One of mine - probably dates to the '60s or '70s:
anyone got some gold ....this town is less than 10 minutes from me i have no idea what its worth but really like it
gdavis70,Musky1011,cohodk,cucamongacoin,robkool,chumley, drei3ree, Rampage,jmski52, commoncents05, dimples, dcarr, Grouchy, holeinone1972, JonMN34, mission16,meltdown,Omega,PQpeace, SeaEagleCoins, WaterSport, whatsup,Wizard1,WinLoseWin,MMR,49thStateofMind,SamByrd,Ahrensdad,BAJJERFAN,timrutnat,TWQG,CarlWohlforth,Ciccio,PreTurb,NumisMe,Patches,NotSure,luvcoins123,piecesofme,perryhall,nibanny,atarian,airplanenut
Ninetieth century branch mint bags are the most valuable. Carson City, New Orleans, etc. I know of a Carson City bag, marked $10,000 gold, that sold for...$10,000. Gold bags command more than silver bags (duh). The most common bag, because of the GSA hoard, is the $1,000 Carson City silver dollar bag. Twentieth century gold bags (generally for Saints or $5 libs) fall into this category.
Twentieth century, early to mid century I should say, are next in demand. Peace dollar bags, Buffalo nickels, Walkers etc. Classic commemorative bags are in this category (Stone Mountain, San Diego, etc).
Next comes National Bank bags. Great names command a good premium (Blue Ball, Intercourse, etc.). Many collectors of National bank notes like to have an example to go with their collection, even though the bags probably never held paper money.
Lastly, and about equal in value are late twentieth century Federal Reserve, United States Mint, and ho-hum bank bags (3rd First National Bank of No Where U.S.A.). And while they are cool, there isn't really much collector demand for Kennedy Half, Ike dollars, ect (although they make a great go with when you display a collection.
Again, these are only my rules of thumb, other dealers and collectors may have a different view (and pricing structure).
Feel free to make comments or corrections...
njcc
Side bar, your Honor
I think the coolest bags I have seen, are the old Carson City Mint bags. There is an old (sorry for the old) dealer out of the Portland area. George Eggiman one of my mentors, and friend for over 25 years.
He used to "traffic" in the CC mint bags... some dated, some not, some old, some new... I thought they were very cool.
I'm just sayin
http://www.coinshop.com
Actually the bag is great, it holds 3 Dansco's perfectly with half folded over. That's what I use it for. The Wells Fargo / Nevada State Museum bag was a gift while on an ANA tour there; it holds my Whitman type set, also perfectly. The other side says "U.S. Mint, Carson City, NV"
<< <i>Hey, how many of you can say you're still holding a dime bag from the 70's? >>