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Is my $10 bill worth > $10 ??



 
 
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  #1  
Old September 28th 03, 05:46 AM
Lecher9000
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Default Is my $10 bill worth > $10 ??

I have a $10 U.S. Federal Reserve Note Series of 1934 A , Washington, D.C.

Is it worth more than $10 ????


TIA
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  #2  
Old September 28th 03, 09:56 AM
Scott Stevenson
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On 28 Sep 2003 04:46:30 GMT, (Lecher9000) wrote:

I have a $10 U.S. Federal Reserve Note Series of 1934 A , Washington, D.C.

Is it worth more than $10 ????


The answer is a firm "maybe". Without a little more info, it's kind
of like asking "What is my car worth?"

Stuff we all would need to know:

What is the serial number? It will be a letter, eight numbers, and
end with either another letter or a star.
(why it's important) A "star note" is a replacement for one that
was damaged during printing. Since the vast majority of notes aren't
stars, star notes are generally worth more. Also, some collectors
will pay more for a low serial number or a "fancy" number. A note
that has a s/n of L00000001A or L12344321A or something like that is
probably worth more than one that's L23490183A. Also, some "blocks"
of notes can be worth more than others, depending on how many were
printed, and what the demand is for them. The three serial numbers
above are all part of the "L/A" block

What color are the seals and serial numbers? It should either be a
fairly dark green, a really light yellow-green, or possibly brown.
(why it's important) Most Federal Reserve Notes (or FRN's) have
green seals, and I believe the light green notes are worth a little
more. Notes with brown seals and serial numbers were printed for use
in Hawaii during WWII--the idea being that if the Japanese overran the
islands (a real fear during the early days of the war), those notes
would be demonitized. Hawaii notes will also say "Hawaii" on the
front and back. The date on the note doesn't reflect when it was
printed--it has to do with when the design was authorized, and when
the Treasurer and Treasury Secratary took office, which is why they
were printing notes with "1934" on them during WWII. In fact, they
printed Series 1934 notes up to 1950.

What condition is it in? Currency collectors have specific terms
for note conditions, but it can be a little tricky if you don't know
the lingo. For example, a note that is in Good condition (note the
capital G) is really in sorry shape--about the worst that you would
expect to find in circulation. It probably should be called "Really
Crappy" condition.
One possibility if you've got a web page is to take a good-sized
picture or scan of the note, and upload it there with a link to it so
we can take a look (a note of caution--don't attach the picture to a
message in this newsgroup. Some people (especially outside the US)
pay for local calls by the minute, and they will be upset if they've
got to spend several minutes downloading the picture. Also, some news
servers don't like having binaries posted to a non-binary group).
If you don't have access to a website, you *can* post the image to
the newsgroup alt.binaries.pictures.numismatic. Not everybody gets
that group, however.
If neither of those options will work for you, then you've got to be
our eyes, and describe the note as best you can. Does it look like a
brand new note (no folds or wrinkles), does it look about like an
average note you might pull out of your wallet today, or does it look
like it's been beaten within an inch of it's life? Are all four
corners there, and sharp? Are there any folds, and how serious do
they look? Are there any stains, dirt, or writing on it? Is there
anything unusual about it?
(why it's important) The three factors in real estate are
"location, location, location". In collecting, it's "condition,
condition, condition" Obviously, a note that is in brand new (or
uncirculated) condition is worth more than one where the tape is the
only thing holding it together

One final warning--don't try to do anything to clean the note, or
improve it's condition. Collectors generally prefer honest dirt to
fake clean, and prices reflect that.

Whew! That's probably a whole lot more info than you were expecting
when you asked the question, but it's the stuff people will need to
know to be able to answer.

If you've got any more questions, feel free to ask.

Hope this helps,
Scott
  #3  
Old September 28th 03, 03:06 PM
Lecher9000
external usenet poster
 
Posts: n/a
Default

Scott,
Wow, thanks for the hugely informative reply! The s/n is C06910536 B
.. The "seal" on the front right, under the TEN, is green. The s/n is green.
Alexander Hamilton is in ht epicture. There is a big "C" on the front left,
with "Bank of Philadelphia" in a circle around it.

It is in pretty OK shape. No rips, no stains, nice and flat, four corners are
sharp, no writing on it, but a straight crease down the middle.

Worth $10 ??

Thanks





The answer is a firm "maybe". Without a little more info, it's kind
of like asking "What is my car worth?"

Stuff we all would need to know:

What is the serial number? It will be a letter, eight numbers, and
end with either another letter or a star.
(why it's important) A "star note" is a replacement for one that
was damaged during printing. Since the vast majority of notes aren't
stars, star notes are generally worth more. Also, some collectors
will pay more for a low serial number or a "fancy" number. A note
that has a s/n of L00000001A or L12344321A or something like that is
probably worth more than one that's L23490183A. Also, some "blocks"
of notes can be worth more than others, depending on how many were
printed, and what the demand is for them. The three serial numbers
above are all part of the "L/A" block

What color are the seals and serial numbers? It should either be a
fairly dark green, a really light yellow-green, or possibly brown.
(why it's important) Most Federal Reserve Notes (or FRN's) have
green seals, and I believe the light green notes are worth a little
more. Notes with brown seals and serial numbers were printed for use
in Hawaii during WWII--the idea being that if the Japanese overran the
islands (a real fear during the early days of the war), those notes
would be demonitized. Hawaii notes will also say "Hawaii" on the
front and back. The date on the note doesn't reflect when it was
printed--it has to do with when the design was authorized, and when
the Treasurer and Treasury Secratary took office, which is why they
were printing notes with "1934" on them during WWII. In fact, they
printed Series 1934 notes up to 1950.

What condition is it in? Currency collectors have specific terms
for note conditions, but it can be a little tricky if you don't know
the lingo. For example, a note that is in Good condition (note the
capital G) is really in sorry shape--about the worst that you would
expect to find in circulation. It probably should be called "Really
Crappy" condition.
One possibility if you've got a web page is to take a good-sized
picture or scan of the note, and upload it there with a link to it so
we can take a look (a note of caution--don't attach the picture to a
message in this newsgroup. Some people (especially outside the US)
pay for local calls by the minute, and they will be upset if they've
got to spend several minutes downloading the picture. Also, some news
servers don't like having binaries posted to a non-binary group).
If you don't have access to a website, you *can* post the image to
the newsgroup alt.binaries.pictures.numismatic. Not everybody gets
that group, however.
If neither of those options will work for you, then you've got to be
our eyes, and describe the note as best you can. Does it look like a
brand new note (no folds or wrinkles), does it look about like an
average note you might pull out of your wallet today, or does it look
like it's been beaten within an inch of it's life? Are all four
corners there, and sharp? Are there any folds, and how serious do
they look? Are there any stains, dirt, or writing on it? Is there
anything unusual about it?
(why it's important) The three factors in real estate are
"location, location, location". In collecting, it's "condition,
condition, condition" Obviously, a note that is in brand new (or
uncirculated) condition is worth more than one where the tape is the
only thing holding it together

One final warning--don't try to do anything to clean the note, or
improve it's condition. Collectors generally prefer honest dirt to
fake clean, and prices reflect that.

Whew! That's probably a whole lot more info than you were expecting
when you asked the question, but it's the stuff people will need to
know to be able to answer.

If you've got any more questions, feel free to ask.

Hope this helps,
Scott




  #4  
Old September 28th 03, 05:32 PM
Coin Saver
external usenet poster
 
Posts: n/a
Default

From: Lecher9000

I have a $10 U.S. Federal Reserve Note Series of 1934 A , Washington, D.C.

Is it worth more than $10?

My estimation:
you have about a 72.4% chance that your Note is worth more than $10 but only a
43.8% chance that it's worth more than $12.

Much is needed to know: What is the condition of the bill (discoloration,
folds, any writing on it, wrinkles, tears, level of 'crispness' etc.); is the
ink a dark or a light green; what is the "District" letter (in the black
circle); what is the serial number, and is there a letter or star after the
serial number?

all of these might have an effect onm the value. Especially the ink shade.

8-/

Coin Saver
 




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