1953 C $2 Dollar Just Like Mint

I found a 1953 C $2 Dollar bill a short time ago. Is there any
reference to find out how much I could ask for it? It looks and feels
like it just came off the printing press. If it makes a difference to
anyone it is a series A.

(Bigdawg) wrote in message . com...
I found a 1953 C $2 Dollar bill a short time ago. Is there any
reference to find out how much I could ask for it? It looks and feels
like it just came off the printing press. If it makes a difference to
anyone it is a series A.

Here is a online price guide.

http://www.lynknight.com/prices/fram...o%20Date%20%29

From: bigdawg

I found a 1953 C $2 Dollar bill a short time ago. Is there any reference to
find out how much I could ask for it?

Several; my favorite is "Standard Guide To Small-Size U. S. Paper Money 1928 To
Date" by Dean Oaks and John Schwartz / Krause Publications / ISBN #
0-87341-751-8

It looks and feels like it just came off the printing press.

If it has a fold or mark on it, it's between Very Fine and Extra Fine (VF-XF);
if it doesn't, it's Crisp Uncirculated (CU).

Assuming that both before and after the Serial Number there is a letter "A" (no
star), if I were to try to:
Sell it: $6 for VF, $12 for CU;
Buy it: $3 for VF, $7 for CU.

If it makes a difference to anyone it is a series A.

Not Series A, it's a *District* A (Boston). The Series is 1953-C.

8-/

Coin Saver

x-no-archive:yes

.... I thought that Red Seal US notes did not have a FRN "District" designation,
& letters such as "A" on a '53C $2 would Not refer to a FRB district......

From: advanspec

I thought that Red Seal US notes did not have a FRN "District" designation, &
letters such as "A" on a '53C $2 would Not refer to a FRB district......

ok, quick lesson on currency...
First, you should understand that a unit of paper currency is, in essence, a
check from a checking account. This is why they have signatures, and drawn on
a bank. All out paper currency is, in essence, such a promisory note as this.
The banks are the twelve franchise branches of the Federal Reserve Bank.

In 1836, to eliminate the National Debt to private corporate banks, President
Andrew Jackson established the National Bank, which oversaw the printing and
issuance of paper-money by local, "home-town" banks, which backed the funds.
These were not dissimilar to a cashier's check.

Eventually, the control of the money in the US fell into a tight-knit group of
banking institutions which monopolized the industry of issuing money, and
could, therefore, manipulate the values. To resolve this problem, in 1913,
President Woodrow Wilson (under intense protests from many financiers) revamped
the standard and created the Federal Reserve System; shifting the control of
the issuance of currency to twelve regional banks, thusly removing the control
from the local institutions.

These twelve banks make up the Federal Reserve System. Unlike before, they
must "order" their certificates (Federal Reserve Notes) from the Bureau of
Engraving and Printing, and only by the regulations and allowances as
established by Congress.

Think of a Company that has a payroll but no printing presses, and ownes no
private banks. They "meet" their payroll by having an outside company print
the paychecks, and designate a bank to issue and redeem them. Since the
Company is spread across the Country, they divide the duties of issuance /
redemption by regions.

The main Federal Reserve Bank has but two duties: 1) Relaying orders of needed
"checks" from the Districts to the Bureau of Engraving and Printing, and 2)
acting as a distributor between the BEP and the Districts. Each District
performs similar duties between the Local Banks and the Federal Reserve Bank,
receiving and passing on orders for more currency, in one direction, and
receiving and passing onward the Notes in the other direction. This process is
heavilly regulated by Congress and Federal Law.

The twelve Federal Reserve "Districts" have been in place since 1913, and
affected our paper money beginning with Series 1914.

8-/
Coin Saver

x-no-archive:yes From: ojunk (Coin Saver):
"...These twelve banks make up the Federal Reserve System. Unlike before, they
must "order" their certificates (Federal Reserve Notes) from the Bureau of
Engraving and Printing, and only by the regulations and allowances......."

Yes, I know that, But Again, The 1953C $2 IS NOT a Federal Reserve Note.
It is a United States Note, & these were NOT printed at the request of the
FRB's, & FRB Districts, letters & designations do Not appear on them. Any
letter on a US note, such as "A", did Not signify Boston, & was only
coincidence.....
Look it up, I did.