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2 Different Dudes-Same Obsolete

numbersmannumbersman Posts: 1,039 ✭✭✭✭
in U.S. & World Currency Forum
I am at present attempting to research a few dozen obsoletes and colonials(certainly not my specialty).I have run into a wall with these two as they are the same denom from the same bank and are,as far as I know,identical but for the 2 different portraits...one is obviously Washington and the other,well,it's different.Is this a norm? I've looked all over and have not been able to figure this one out.Oddly enough,I can't find much info on a few others as well.Please let me know if this is a normal note or if I stumbled onto a winner.Thanks in advance for any help you guys can give me.

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Collector of numeral seals.That's the 1928 and 1928A series of FRNs with a number rather than a letter in the district seal. Owner/operator of Bottom Line Currency

Comments

  • STLNATSSTLNATS Posts: 1,601 ✭✭✭
    The "dude" on the left of the top note is James Buchanan, 15th prez of the US.



    bio



    Both types are in Haxby with no diff in price (VG @ $65 FWIW); the Buchanan appears to be a slightly earlier type.
    Always interested in St Louis MO & IL metro area and Evansville IN national bank notes and Vatican/papal states coins and medals!
  • numbersmannumbersman Posts: 1,039 ✭✭✭✭
    Thanks!!
    Collector of numeral seals.That's the 1928 and 1928A series of FRNs with a number rather than a letter in the district seal. Owner/operator of Bottom Line Currency
  • SaorAlbaSaorAlba Posts: 7,555 ✭✭✭✭✭
    Yes, James Buchanan may well have been the first gay president.
    Tir nam beann, nan gleann, s'nan gaisgeach ~ Saorstat Albanaich a nis!
  • rbethearbethea Posts: 134 ✭✭✭
    Meadville, PA is a beautiful little town north of Pittsburgh.
    Check out my world paper money collection at papermoney.x10.mx
  • sellitstoresellitstore Posts: 2,920 ✭✭✭✭✭
    Sharp observation.

    I have seen many examples of this note over the years but never noticed the two different versions.

    The Buchanan portrait was likely modified to Washington after Buchanan's term had ended. The bank wouldn't want to seem behind the times by issuing notes bearing the portrait of the past president. But Washington is an eternal hero, always appropriate.

    Both notes weren't actually issued until 1862 when currency was needed and all notes on hand, old and new, were pressed into service.
    Collector and dealer in obsolete currency. Always buying all obsolete bank notes and scrip.
  • numbersmannumbersman Posts: 1,039 ✭✭✭✭
    Just listed these two as a pair(opening bid is $20) on the bay for anyone interested-also see my other listings,please. take a look!
    Collector of numeral seals.That's the 1928 and 1928A series of FRNs with a number rather than a letter in the district seal. Owner/operator of Bottom Line Currency
  • uzuiwekuzuiwek Posts: 50 ✭✭✭
    Both varieties are listed in Hoober, and I think Russell is correct in that the Buchanan version was first - Hoober lists a Toppan, Carpenter an Co. version only for the Buchanan note (230-7), but an American Bank Note Co. version for each (230-8 and 230-9).
    SPMC LM #405 - Collector of Ohio obsoletes. And other stuff, that I'm not going to tell you, so you don't buy it before I do.
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