Page 1

the CURRENCY DEALER newsletter

the Greensheet - a monthly report on the Currency Market published by the Coin Dealer Newsletter (est. 1963) Vol. XXXII

No. 1

JANUARY 2011

Single copy price: $5.00

PRICE STABILIZATION AND RECOVERY CONTINUE BOWERS & MERENA ACQUIRES STACK'S

ACTIVITY . . .across the market by Kevin Foley

The most significant development in the marketplace over the past month is undoubtedly the acquisition of the New York City auction house Stack's by California's Bowers & Merena. Bowers & Merena is itself part of a larger commercial family known in the United States as Spectrum, with that parent also encompassing a number of other collectable oriented auction houses in addition to the numismatically focused Bowers & Merena. With the numis¬ matic auction marketplace overwhelmingly dominated by Heritage, the com¬ bination of Bowers & Merena and Stack's leaves a functional duopoly, with the third and fourth ranking houses well below both Heritage and the newly combined Bowers & Merena/Stack's in terms of the annual gross sales. Over the past five years especially, auction houses have engaged in partic¬ ularly aggressive - and at times almost self destructive - commission cutting in order to capture market share. This has resulted in lower profit margins and the necessity to have larger and larger sales in order to achieve the same net profit results. Whether the consolidation and concentration of market share by a smaller group of players will result in a lessening of this competi¬ tion over commission rates or an intensification, is a matter of speculation only hindsight will confirm. Recent price trends continue. The overall marketplace remains weaker than three to four years ago, but significantly healthier than as recently as a year to a year and one half ago. Whereas there was a broadly based flight from risk in the months after prices broke in 2009, that trend has materially abated. Dealers are once again acquiring material for inventory. While de¬ mand patterns are certainly not as robust as in 2008, collector buyers driven from the marketplace by the ever advancing prices that applied during most of the initial years of the new century, have definitely returned. Lower prices have a tendency to create demand, and such new demand is very much in evidence over the past six months. Overall, prices are slowly recovering, and cautious buyers are reentering the marketplace, feeling more comfortable perhaps than when more robust to sometimes exponential price increases were taking place in an over exuber¬ ant market.

SMALL SIZE TYPE NOTES Prices here, as in the Large Size Type Notes field, continue a pattern of recovery from recent lows. While the level of marketplace activity certainly remains below that of two to three years ago, demand is growing, especially at auction, where sell-through rates are actually higher than those achieved three to four years ago in what was widely recognized as a more demand driven marketplace with seemingly ever increasing prices. Like the Large Size Type field, third-party certification by PMG or PCGS, is now the rule rather than the exception. As the currency field has been transformed from a primarily hobby ori¬ entation to one driven by investment expectations - whether those who par¬ ticipate professionally in the field are willing to acknowledge it or not - thirdparty certification has become a necessary element in the commoditization of collectable currency. In order for a new and expanded locus of demand to be generated, sellers have increasingly appealed to non-traditional buyers seeking investment alternatives to traditional financial mechanisms. A key eleifient to support such demand is the creation of a perception that just as one share of General Electric stock is the equal in value of any other share, that the same holds true of numismatic material, i.e. that one MS67 of a given item is the equivalent of any other of that same item, regardless of source. Third-party certification supports such a perception.

FRACTIONAL CURRENCY Fractional Currency remains far quieter than any of the other specialties reported here. As such, it presents considerable opportunity for the value driven buyer attracted to items apparently undervalued relative to allied col¬ lecting material of similar quality and rarity that might, at present, be more popular. Such buyers with patience may find that funds allocated to this field will enable them to enjoy significantly larger and more appealing collections than those attracted to areas with greater current buyer participation.

NATIONAL BANK NOTES National Bank Notes continue to display patterns of demand that are somewhat spotty, as might be expected from their geographically driven base of demand. Nationals also remain a field where serious buyers seem less interested in the grade labels applied by third-party grading firms. Ex¬ pressed another way, buyers of Nationals for the most part continue to feel that value is created by the item they are acquiring rather than the grade label attached to it by some other entity, with such labels sometimes reflecting its appearance and condition relative to other similar items, and at other times not necessarily achieving that objective.

LARGE SIZE TYPE NOTES The upcoming Heritage FUN auction is presented in a catalog approach¬ ing the size of the Manhattan telephone directory, certainly an indication that those with material to sell feel an increasing level of confidence. One area where sellers have been conspicuous by their absence at auction over the past year is for the ultra rare material anticipated to sell well into the six-figures. One such offering in the Heritage FUN sale is lot 17145, a Serial #1 Fr. 1175 $20 1882 Gold Certificate, estimated at $400,000-$500,000. Whether this sells at all, and if so, at what level, will provide a window to potential results for such items over the near term. Although the market is clearly improving, the confidence of buyers at auction appears stronger than in private transactions. Buyers - and sellers - still are unsure of just where the market really is and where it is headed. Competing at auction against other buyers yields a confidence not necessarily present in an entirely private transaction.

|

MISCELLANEOUS From time to time I receive some feedback from readers regarding my ob¬ servations. My remarks relative to the largely tepid health of the marketplace for collectable stocks and bonds last month demonstrated the occasional peril of painting with brush strokes that are too broad. In considering the levels of demand in what are generally referred to as "Stocks and Bonds", one should differentiate between those that are privately issued and those of the United States. United States government debt issues, do, in fact, enjoy levels of de¬ mand more comparable to those experienced in the larger market for actual currency items, and as such enjoy a secondary resale market that is relatively healthy, and reflects growing levels of interest and demand.

Guest commentary provided by Kevin Foley, P.O. Box 573, Milwaukee, WI 53201, kfoley2@wi.rr.com, Phone (414) 421-3484

The Greensheet reports the national currency market on a monthly


.

."ii dba

the CURRENCY HEALER rhv Gmnihter newsletter

Reprint ol any part of any issue without permission is expressly forbidden by law. EXECUTIVE DIRECTOR MARKET ANALYST

Pauline Miladin Stuart Segan

PUBLISHER & EDITOR CIRCULATION & ADVERTISING

Shane Downing Betty Morris

TNt Cl KAINO 0£ALEK NEWSLETTER report* the national currency market on a monthly ba*u*. Under the present sy** * im|rr—■■ to myk* ail transaction* or otters to buy and sell, but the broad information source* ol the Newsletter jlavery accurate reflection of the market The price* in the Newsletter are from dealer-to-dealer transactions, nptiuo Rain l vear-i44. Z vears-$78. Advertising Rate* $35 per column inch. Advertising space is limited, ads will be placed in the first possible edition. The Currency LJeaier Newsletter (USPN *007**) is published monthly by CDN Inc, 18807 Crenshaw Place. Torrance, CA 905044> ^orT4nc*' ^A POSTMASTER Send address changes to the Currency Ctealer Newsletter. P.O.

The End of a Decade The end of a decade always fascinates people. The past decade saw a lot of changes. We have all changed; our hobby has changed a lot; our businesses have changed, and no doubt, our lives have changed as well, hopefully for the better. Quite a bit has changed in the Paper Money business, or hobby, whichever fits you. First and foremost, third-party grading has changed Paper Money collecting forever; most likely for the better. We have had all kinds of Notes change hands in the past ten years, at shows, in shops, in auctions, and no doubt grading has brought about a great deal of new interest in the Paper Money collecting fraternity. If we were to take a look back to when this past decade began, I would have to say we have at least twice as many collectors today as we did back in the 1990s, maybe more. With all the new collectors, as well as new currency dealers to come along, the Notes that once were fairly commonplace are now seen as somewhat scarce. Most, if not all currency, has gone way up in value in the past ten years. Much of it has to do with all the "new life" the hobby has seen with collectors tiring of "just coins" and branching out into Paper Money as well as script, checks, stocks, and bonds. It has enhanced the whole hobby. As we will discuss, certain areas have done very well, others are coming along, and some areas are actually "cooling off". Small Size Type seemed to have had its day back in the early part of the 2000s, as it was very popular in the first four to five years of the decade. It has cooled somewhat, to say the least, but Gem material has really done well thanks to the grading services. The time is probably short before we see Small Size Type take off again, as it has been ignored for quite awhile, and the smart money is quietly buying while no one is paying attention. I'd look for high denominations in better grades to start to move soon, and nicer Legal Tenders, Hawaii and North Africa Notes to move next. Star Notes are incredibly cheap, and soon someone will take note. National Currency Type both Large Size and Small Size Type have done very well in the past ten years, and will probably continue to do so. As is always the case. National Currency collecting is regional, and not all areas are on fire at once. Expect unique or very scarce Notes to do very well after a short spell of cooling off. There are some rare Types out there that are always in demand, such as the Gold Banks, Red Seals, and better Brown Backs in nicer condition. Nationals have been a little quiet for a while, but are probably due for a reawakening soon. They've had a great run up for ten years or so. I .urge Size Type probably not enough could be said about collectors jumping into this area of the hobby. It has really

GRADING Superb Crisp Gem Crisp Very Choice Crisp Choice Crisp Crisp Almost

the CURRENCY DEALER P.O. Box 7939 .the Greensheef newsletter Torrance, CA 90504-7939 Phone: (310) 515-7369 www.cdnpublications.com • cdn<aigreysheei.com □ Please start sending me the Monthly CURRENCY DEALER NEWSLET TER

□ 1 Year $44.00 □ 2 Years $78.00 Name____ Address___.__ City, State & Zip-----„ Company & Phone exploded in the past decade. If the amount of Notes were even close to the amount of buyers leaping into this area, the market would absolutely disappear in the next ten years. Large Size Type Notes are still way too cheap, even at today's prices, and in ten years we'll look back and remember when we could have bought "." for "." back in 2010. It's an area that certainly deserves a closer look, and soon. If you think prices may have been taking a "breather" for the past six months to a year, it may be time to jump in as Large Type Notes never seem to stay down for long. This area just seems to grow by leaps and bounds, year in and year out. There are plenty of collectors and never enough of a good supply of quality Notes to go around. This area has had a good run in the decade, and it doesn't look like the next ten years will be any different. A closer look at any area of collecting in the past ten years will show quite a dramatic increase in value, and while I really don't want to put up charts and graphs, all I know is that in the short time since 2001, we have seen some drastic price increases in most areas of the market. As has been the case since the economy recently turned down, the overall collector market for currency has done the same for the past two years. While currency collecting has not had the hit that the art market has seen, it has nonetheless had a correction. If you have a little to put in your collection, this may be the best time to consider putting some "skin in the game". As soon as the currency market gets a little nudge, it will most likely take off—and without too much warning. I've been dealing in Paper Money since the mid-1970s, and I really can't recall seeing a more dramatic decade than the one we have just experienced. It has been an incredible run and doesn't look like it is about to get snuffed out anytime soon. As this recession tore at the economy over the past few years, the currency market was brought down some along with it. I would venture to say that while there has been a little dip in prices of 20% to 30% overall, some areas have actually rebounded just as much or close to it in the past year or so. I think you will see over the next year that the market is turning the comer from those 2009 lows. If you look at the entire currency market since 2001, I'd guess that overall we've had at least a doubling or tripling in values in many areas of the Paper Money market, and over a ten year span, that is not too shabby for something we all just enjoy as a hobby. Happy collecting!!!

Barry Ciociola Full time Coin and Currency Dealer Large and Small Currency of America P.O. Box 71646, Durham, NC 27722-1646 Ph(s): 1-919-477-9703 or 1-919-656-3265 notgeld@aol.com

Sight-Seen wholesale prices are for accurately graded Notes - Certified or Raw.

Uncirculated-67 A nearly flawless Note with perfect centering. Full wide margins all around. Colors are totally bright, crisp and vibrant. Quality is outstanding. Uncirculated-65 An almost perfect Note. Better than average margins. No aging or fading. Uncirrulated-64 A bright Note that's slightly below Gem quality. Margins and color are above average. A Note that may have slight centering problems. Uncirculated-63 A nice new Note but not quite Gem. Centering may be a little off. May show some aging or light counting smudges or wrinkles. Uncirculated-60 No trace of circulation. Can have centering problems, pin holes, counting smudges, wrinkles, close margins, or a corner tip fold (not into design!. Uncirculated-50 (Almost new) These will be much the same as a "new" Note except for a single fold or several corner folds. Extra Fine-40 Circulated; may have some folds; still has some crispness. Very Fine-20 Some circulation; may show several folds and will have lost some of its crispness and color. Fine-12 Well-circulated with little crispness remaining; edges may be rough. Very Good-6 Will be fairly well-soiled, may be significantly worn; might have roughness around the edges with only minute problems.

Use of the Friedberg numbering system is by license granted by the Coin and Currency Institute, Inc. Publishers of Paper Money of the United States, P.O. Box 1057, Clifton, N.J. 07014


1

JANUARY 2011 SERIES DENOMINATION Continental Connecticut W/Hole Connecticut No Hole Delaware Georgia Maryland Massachusetts W/Hole Massachusetts No Hole New Hampshire W/Hole New Hampshire No Hole New Jersey New York North Carolina Pennsylvania Rhode Island South Carolina Vermont Virginia

the CURRENCY DEALER NEWSLETTER CONTINENTAL & COLONIAL CURRENCY

PACE S

FRIEDBERG FINE 12 VG 8 VF 20 XF 40 AU 50 CU 60 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 NUMBERS BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK ASK BID CC 1-102 CT CT DE GA MD MA MA NH NH NJ NY NC PA RI SC VT VA

1-240 1 -240 1-92 1-131 1-138 1-289 1-289 1-185 1-185 1-218 1-237 1-215 1-272 1-301 1-192 1-8 1-225

50 37 55 60 280 45 33 95 185 650 60 60 65 48 53 95 6,750 85

57 42 65 70 315 50 36 105 200 700 67 67 75 53 58 105 7,500 95

63 43 70 70 340 55 35 110 205 775 68 80 85 51 55 135 8,500 115

1861 $5 1861 $10 1861 $20

FR FR FR

1-5 6-10 11-15

1,250 2,350 20,000

1,400 1,800 2,600 5,000 22,000 40,000

1862 $1 1862 $2 1862-3 $5 1862-3 $10 1862-3 $20 1862-3 $50 1862-3 $100 1869 $1 1869 $2 1869 $5 1869 $10 1869 $20 1869 $50 1869 $100 1874 $1 1874 $2 1874 $50 1875 $1 1875 $2 1875 $5 1875 $10 1875 $20 1875 $50 1875 $100 1878 $1 1878 $2 1878 $5 1878 $10 1878 $20 1878 $50 1878 $100 1880 $1 lg. seal; red nos. 1880 $1 lg. seal; blue nos. 1880 $1 sm. seal 1880 $2 lg. seal; red nos. 1880 $2 lg. seal; blue nos. 1880 $2 sm. seal 1880 $5 lg. seal; red nos. 1880 $5 lg. seal; blue nos. 1880 $5 sm. seal 1880 $10 lg. seal; red nos. 1880 $10 lg. seal; blue nos. 1880 $10 sm. seal 1880 $20 lg. seal; blue nos. 1880 $20 sm. seal; blue nos. 1880 $20 sm. seal; red nos. 1880 $50 lg. seal 1880 $50 sm. seal 1880 $100 lg. seal 1880 $100 sm. seal 1901 $10 1907 $5 1917 11 1917 $2 1923 11 1923 110

FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR

16-17 41 61-63 93-95 124-126 148-150 165-167 18 42 64 96 127 151 168 19 43 152 20-26 44-47 65-68 97-98 128 153 169-170 27 48-49 69 99 129 154 171 28-30 31-33 34-35 50-52 53-54 55-56 70-72 73-78 79-82 100-102 103-109 110-113 130-139 140-145 146-147 155-161 162-164 172-178 179-182 114-122 83-92 36-39 57-60 40 123

145 300 335 480 1,250 6,000 12,500 210 345 180 340 1,100 6,450 6,800 95 185 2,500 73 165 105 475 525 125K 5,500 80 145 105 310 465 2,450 4,200 90 300 85 90 625 90 95 87 82 215 220 210 275 225 185 1,650 1,550 3.900 3,200 400 65 38 44 75 475

160 335 370 540 1,375 6,600 14,000 230 375 195 375 1,200 7,000 7,600 105 205 2,750 80 180 115 525 575 135K 6,000 90 160 115 340 515 2,700 4,600 100 330 95 100 675 100 105 97 90 235 240 230 300 250 205 1,800 1,700 4.300 3,500 440 70 42 48 82 525

1 1 1 1

1863-64 1863-64 1863-64 1863-64

FR FR FR FR

190 191 192 193

1,500 1,650 13,000 22,500

1,650 2,600 1,800 3,000 14,500 27,000 25,000 40,000

1 1

1861-65 110 1861-65 120

FR FR

196 197

2,200 5,000

2,400 5,500 5,500 13,000

70 48 80 80 375 60 38 120 225 850 74 88 95 56 60 155 9,500 125

90 46 84 85 360 70 43 130 230 1,000 85 105 95 55 62 185 13,500 125

100 50 93 95 400 80 47 145 250 1,100 95 115 105 60 70 205 15,000 135

105 50 120 115 650 95 56 170 275 1,350 100 135 145 78 70 250 19,000 180

115 56 130 130 700 105 61 190 300 1,500 110 150 160 84 80 275 21,000 200

140 57 140 140 925 155 63 210 315 1,775 130 165 185 100 80 275

155 65 150 155 1,000 170 68 230 350 1,950 140 180 200 110 88 300

295

320

210 80 180 180 1,850 260 80 260 575 2,400 160 205 230 130 100 385 IV rw

230 88 200 200 2,050 285 88 285 625 2,650 175 225 250 140 110 420

275 90 260 230 2,500 305 100 310 635

305 100 285 255 2,750 340 110 345 700

315 120 300 275

345 130 330 300

400 145 325 400

435 160 355 450

340 125 400 1,050

375 135 440 1,150

420 175 750

460 190 825

M IV N

IV IV M

A! IV >V

190 320 240 165 110 445

210 350 260 180 120 490

230 340 255 205 165 435

250 375 280 225 180 475

460

550

600

750

825

880 375 1,100 1,100

IV IV IV

IV IV IV

IV IV IV

V IV V

IV *V IM

400 520 400 245 230 525

860 1.075 450 400 370 890

950 1,175 550 440 410 975

IV IV IV

IV IV IV

IV *V IV

IV IM IV

1,050

1,150

75,000 85,000 80,000 110K 205K 235K

95,000 120K 260K

~ ~ ~ IV IV /V

~ ~ ~

Iv IV IV

IV iv M |

a/ iv fti

420

800 340 1,000 1.000

365 475 365 225 210 485

DEMANO NOTES 1 I 1

2,000 3,400 5,500 11,000 44,000 82,500

3,700 12,000 90,000

15,000 23,000 115K

16,500 30,000 25,000 32,000 125K 125K

33,000 43,000 35,000 44,000 135K 140K

48,000 50,000 49,000 55,000 155K 170K

55,000 65,000 60,000 70,000 190K 185K

1 1

U.S. NOTES [LEGAL TENDER] 260 460 395 850 1,750 13,000 27,500 375 525 385 585 1,650 17,000 14,000 145 325 4,500 100 330 150 950 975 185K 13,000 115 305 175 575 600 4,200 7,500 140 425 110 120 925 115 150 150 105 400 365 350 365 320 275 3.250 2,700 7.250 6,000 515 100 50 50 100 1,000

285 500 430 925 1.950 14,500 30,000 405 575 415 640 1,800 19,000 15,500 160 355 5,000 110 360 165 1,050 1,075 205K 14,500 125 335 195 625 660 4,600 8,500 155 465 120 130 1,025 125 165 165 115 435 400 380 400 350 300 3,550 3,000 8,000 6,600 565 110 55 55 110 1,100

435 900 525 1,300 3.250 27,500 45,000 650 1,150 700 850 3,200 35,500 24,500 250 575 5,750 160 510 275 1,650 1,375 225K 24,000 200 475 330 750 850 7,500 12,500 200 685 180 210 1,575 145 285 300 130 575 650 450 550 365 365 5,000 2,850 16.000 11,500 725 120 65 65 135 2.700

475 975 575 1,425 3.550 30,000 50,000 700 1,275 825 925 3,500 39,000 27,000 275 625 6,300 180 560 300 1,800 1,500 250K 26,500 220 525 365 850 925 8,250 13,750 220 750 200 230 1,750 160 310 330 145 625 710 500 600 400 405 5,500 3,150 17.500 12,500 800 130 70 70 150 3.000

740 1,950 825 2,400 5,250 45,000 60,000 1,450 2,800 1,250 1,475 4,750 65,000 40,000 525 1,050 7,400 335 750 425 1,950 2,000 300K 36,000 340 625 500 1,200 1,150 12.500 17.500 330 1,225 265 375 3,800 235 485 475 240 825 850 800 1,150 800 725 6,500 6,400 28.000 23,500 1,900 300 105 120 265 4.250

815 2,150 900 2,600 5,750 50,000 70,000 1,600 3,100 1,375 1,650 5,250 71,000 44,000 575 1,150 8,100 360 825 475 2.150 2,200 325K 40,000 375 675 550 1,300 1,250 14,000 19,500 365 1,350 290 410 4,200 260 535 525 265 900 950 875 1,250 875 800 7,100 7,000 31.000 26,000 2,075 325 115 130 290 4.650

1,075 2,550 1,150 2,750 7,000 85,000 85,000 1,950 3,850 1,950 2,200 7,750 90,000 70,000 750 1,275 10,500 550 1,000 525 2,500 2,400 325K 55,000 575 800 650 1,850 1,650 20,000 24,000 525 ’1,850 420 550 5,000 400 600 550 325 1,200 1,200 1,050 1,500 1,050 1,000 8,750 8,500 43.500 28,500 2,550 340 135 170 375 5.800

1,175 2,800 1,250 3,000 7.750 93,000 95,000 2,150 4,250 2,150 2,400 8,500 100K 77,000 825 1,375 11,500 600 1,100 575 2.750 2,650 350K 65,000 625 880 710 2,050 1,800 22,000 26,500 575 2,050 460 600 5,500 440 675 600 360 1,325 1,300 1,150 1,650 1,150 1,100 9,500 9,300 47.500 31,000 2,800 370 150 185 410 6,350

1,400 1,550 2,900 3,200 1,175 1,275 3,200 3,500 8.250 9,000 110K 120K 95,000 105K 2,350 - 2,600 4,400 4,800 2,100 2,300 3,250 3,550 10,250 11,250 100K 110K 80,000 88,000 975 1,075 1,450 1,600 19,000 21,000 685 750 1,225 1,350 750 825 3,000 3,300 2,750 3,000 375K 405K 65,000 75,000 640 700 1,125 1,225 950 1,050 3,050 3,350 1,950 2,150 25,000 27,500 26,500 29,000 600 650 2,300 2,550 625 685 700 775 5,750 6,250 750 825 775 850 700 775 500 550 1.450 1.600 1,350 1,500 1,350 1,500 1,700 1,850 1,400 1,550 1,150 1,250 10,100 11,100 10,000 11,000 55.000 60.000 34,500 37,500 3,450 3,800 385 425 170 190 230 250 500 550 6,750 7.500

1,800 2,000 2,100 2,300 3,500 3,800 5,300 5,850 1,925 2,125 2,600 2,850 4,750 5,250 7,000 7,600 10,000 11.000 13.000 14.500 IV IV IV 225K 250K M IV IV 145K 155K 175K 195K 2,450 - 2,700 3,850 4,250 5,200 5,700 7,900 8,700 2,250 2,450 3,600 3,850 4,200 4,600 5,250 5,750 13,750 15,000 20,000 21,850 130K 145K 160K 175K 120K 130K 140K 155K 1,275 1,375 1,850 2,050 1,700 1,875 2,300 2,550 35,000 39,000 60,000 66,000 775 850 820 900 1,550 1,700 1,950 2,150 1,000 1,100 1,050 1,150 5,750 6.250 7.700 8,500 3,500 3,850 4,450 4,850 400K 440K 425K 475K 70,000 80,000 80,000 90,000 925 1.000 1.050 1,150 1,450 1,600 1,850 2,025 1,150 1,250 1,450 1,600 3,900 4,300 5.750 6,300 2,600 2,850 2.750 3,050 40,000 44,000 62.500 70,000 32,500 35,500 37.500 42,500 630 690 675 750 2,900 3,200 3,750 4,100 800 900 875 975 800 875 1,300 1,425 15,000 8,300 9,200 13,500 900 1,000 825 900 950 1,050 825 900 900 1,000 925 1,000 525 575 575 625 2.200 1.650 1,800 2.000 1,550 1,700 1,700 1,850 1,725 1,500 1,650 1,600 2,200 1,875 2,075 2,000 2,150 1,600 1,750 1,950 1,850 1,500 1,650 1,700 16,000 13,750 15,000 14,750 13,750 15,000 16,250 17,750 70.000 77.000 75.000 82.000 41,000 45,000 50,000 55,000 5,400 4,200 4,600 5,000 490 540 400 440 200 220 180 200 315 345 265 290 625 685 585 640 11.100 7.900 8,650 10.100

4,600 8,000 2,750 15.500 16.500

5,000 15,000 8,800 17.500 8,500 3,000 17,000 25,000 18.000 32.500

210K 7,300 13,500 4,350 10,000 34,000 195K 175K 2,500 4,250 90,000 1,350 2,700 1,800 16.000 7,350 500K 100K 1,675 3,450 2,000 8,500 3,750 95,000 55,000 1,100 5,500 1,000 2,100 30,000 1.350 2,500 1,450 1,150 3.400 2,750 2.500 4,000 3.500 2,900 15,750 20,000 95.000 70,000 6,800 640 375 460 850 12.600

230K 8,000 15,000 4,750 11,000 37,000 215K 190K 2,750 4,650 100K 1,450 3,000 1,950 17,500 8,050 550K 110K 1,800 3,750 2,200 9,500 4,150 105K 60,000 1,200 6,000 1,100 2,300 33,000 1.450 2,750 1,600 1,250 3,750 3,000 2,750 4,400 3,850 3,200 17,250 22,000 105K 77,000 7,500 700 415 500 920 13.800

60,000 70,000 70,000 80,000 115K 105K 140K

77,000 88,000 125K

■V IV N

IV IV IV

16,500 19,500 9,250 27,500 35.500

IV IV IV

IV IV IV

20,000 28,750 8,500 18,000 52,500

22,000 32,000 9,250 19,750 57,500

225K 5,500 8,000 145K 3,000 4,500 4,250 23,500 13,500

250K 6,000 8,800 155K 3,250 4,900 4,650 26,000 15,000

V IV IV

IV IV IV

4.250 7,250 4,300 19,500 11,000

4,650 8,000 4,700 21,500 12,000

3,150 20,000 2,750 4,200 60,000 3,400 4.200 3,300 2.200 6.500 6,500 4,300 10,000 6,750 4,500 35,500 35,000

3,450 22,000 3,000 4,600 66,000 3,700 4,600 3,600 2,450 7.150 7,150 4,750 11,000 7,400 5,000 38,500 38,000

15,500 1,800 1.175 1,700 2,750 25.000

17,000 1,950 1,275 1,875 3,000 27,500

«V »V IV

Aa iv iv

COMPOUND INTEREST TREASURY NOTES 110 $20 $50 $100

2,850 6,500 3,350 13,500 30,000 45,000 44,000 70.000

7,100 11,750 15,000 27,000 50,000 65,000 77.000 90.000

13,000 30,000 70,000 100K

21,000 35,000 75,000 95.000

23,000 38,000 82,000 105K

30,000 39,500 80,000 105K

33,000 50,000 43,000 60,000 88,000 90,000 120K 115K

55,000 55,000 65,000 65,000 100K 95,000 125K 135K

1 1

IMIVIV

IV IV IV

IV IV IV

iv IV IV |

IV IV IV

IV IV IV ■

INTEREST BEARING NOTES 6,000 16,000 14,500 25,000

18,000 27,500

24,500 40,000

27,000 31,000 44.000 57,500

34,000 65,000

REFUNDING CERTIFICATES SILVER CERTIFICATES 1880 1880 1880 1886 1886 1886 1886 1886 1891 1891

$20 150 1100 $1 $2 $5 110 $20 $1 $2

FR FR FR FR FR FR FR FR FR FR FR

287-290 309-312 325-329 338-342 215-221 240-244 259-265 291-297 313-316 222-223 245-246

1891 1891 1891 i«Qi 1896 1896 1896

$10 $20 $50 Sinn 11 $2 $5

FR FR FR FR FR FR FR

298-301 317-322 330-335 343-344 224-225 247-248 268-270

1899 1899 1899 1899 1908 1923 1Q78

$1 date below $1 date right $2 $5 110 $1 S6

FR 226A-229 FR 230-236 FR 249-258 FR 271-281 FR 302-304 FR 237-239 FR 282

1,100 2,000 3,850 5,250 130 240 635 475 1,275 140 210 245 185 485 1,250 4.100 100 315 585 90 50 50 88 330 255 18 500

1,650 1,200 2,200 3,200 4,250 8,500 5,750 14,000 200 145 450 265 1,025 700 800 525 1,375 3,000 200 150 330 230 350 270 425 205 825 535 1,850 1,375 4,500 7.000 250 110 500 345 650 635 105 100 87 55 75 55 130 95 400 360 410 280 20 20 525 550

4,500 2,600 2,850 1,800 6,750 7,350 10,000 3,500 46,000 24,000 9,500 22,000 27,500 60.000 15,500 25.000 500 300 330 220 1,275 600 650 500 4,350 1,950 2,100 1,150 3.800 1.775 1.950 900 5,500 6,000 14,500 3,300 500 315 345 220 1,500 625 675 360 1.200 675 750 385 1,350 775 850 465 2,600 1,050 1,150 900 5,800 3,250 3,550 2,000 20,000 30.000 7,700 18.000 685 275 300 275 2,500 750 825 550 4,250 1,850 2,000 725 210 115 125 115 175 105 115 95 165 95 105 82 340 180 200 140 1,000 460 500 430 1,150 675 740 450 45 33 36 22 1 800 850 950 575

4,950 11,150 50,000 70,000 550 1,375 4,750 4,150 16,000 550 1,650 1,325 1,475 2,850 6,300 33,000 750 2,750 4,600 230 195 180 370 1,100 1,250 50 2,000

6,000 22,000 70,000 120K 1,050 1,800 6,500 6.000 32,000 650 2,150 1.700 1,850 3,500 7,200 55.000 1,000 3,800 6,300 240 205 205 635 1.600 1,500 57 2.350

6,650 6,500 24,000 28,500 110K 77,000 175K 135K 1.300 1,150 2,000 2,000 7,200 7,100 7.300 6,500 36,000 50,000 1,000 725 2,750 2,350 2.550 1.850 2,800 2,000 4,750 3,800 8,500 7,900 62,500 75.000 1,700 1,100 4,150 4,100 7,200 6,900 335 265 285 225 285 225 800 700 1,950 1,750 1,950 1,650 70 62 2,900 2,550

8,300 7,300 32,500 38,500 125K 120K 200K 195K 1,375 1,450 2,100 2,200 9.500 7,900 9.500 8,000 55,000 55,000 1,100 1,100 3,100 3,000 3.000 2,800 3,150 3,100 5,750 5,250 9,500 11,000 95.000 85,000 1,950 1,850 4,300 4,550 8,600 7,900 475 365 400 315 320 315 825 875 2,100 2,100 2,650 2,150 80 78 3,100 3,150

9,100 42,500 135K 220K 1,500 2,300 10,500 10,500 60,000 1,200 3,400 3.300 3,450 6,250 12,000 105K 2,150 4,700 9,400 525 440 350 900 2,300 2,900 90 3,400

10,500 44,000 140K 240K 1,975 2,200 12,000 14.000 62,500 1,200 3,850 3.250 4,150 8,800 15,000 120K 2,150 4,500 9,000 675 480 420 1,110 2,700

11,500 48,500 155K 265K 2,175 2,400 13,500 15,500 70,000 1,300 4,200 3,550 4,550 9,600 16,500 130K 2,350 5,000 10,000 750 530 460 1,220 2,950

18,500 60,000 225K 300K 2,250 3,500 16,000 27.500 87,500 1,650 5.500 5.500 7,300 17,250 25,000 160K 2,500 5,800 11,500 825 615 520 1,435 4,600

20,500 65,000 250K 330K 2,475 3,850 17,250 30,000 97,500 1,800 6,000 6,000 8,000 19,000 27,500 175K 2,750 6,300 12,500 900 675 570 1,575 5,000

90 3,775

100 4,175

125 5,800

135 6,350

35,000 80,000 300K

38,000 87,000 330K

6,600 5,825 50,000 47.500 120K 4,800 13,750 12.000 17,500 47,000 55,000 200K

7,200 6,325 55,000 52,500 135K 5,200 15,000 13.000 19,500 52,000 60,000 220K

16,000 20,000 2.500 1,125 1,225 3,500 9,200

17,500 22,000 2,750 1,225 1,375 3,800 10,000

440

485

15.000

16500

27,500 42.500 13,000 23.500 15,500 28.500 36,000 uZ, jUU 2,750 1,375 6,250 3,575

46,500 25,500 31,000

4,800 11,000 18,500 37,500

12,000 41,000

TREASURY NOTES OR COIN NOTES 1890 $2 1890 $5

FR FR

353-355 359-361

1890 $20 1891 $1 unit c9

FR FR FR

372-374 350-352 166-86R

1891 $5 1891 $10 1891 $20

FR FR FR

362-365 369-371 375

170 325 220 475 1,450 90 200 215 275 1,600

185 350 240 525 1,600 100 220 235 305 1,750

375 725 375 750 2,750 140 385 335 525 2,400

415 800 415 825 3,025 150 425 370 575 2,700

485 1,350 850 1.300 5,000 210 725 600 875 3,450

525 1,500 925 1,450 5,500 230 800 650 950 3,750

1.450 3.450 1,500 2,700 7,000 420 1.150 825 1,275 5,950

1,600 2,200 3,750 6,300 1,650 3,500 3,000 3.400 7,750 10,000 650 460 1.250 1.800 1,200 900 1 500 1,400 6,500 6,750

2,400 7,000 3,850 3,750 11,000 700 1,950 1,325 1,650 7,500

www. cdnpublications. com

2,600 7,000 3,700 3,850 11,750 770 2.100 1,425 2,150 7,600

2,850 7,800 4,050 4,250 12,750 850 2.300 1,575 2,350 8,300

3,250 8.500 5,000 5.500 15,000 800 2,375 2,100 3,000 10,000

3.55U 4.35U 9,500 10,750 5,500 7,000 6,000 7,250 16,500 18,500 825 875 2,550 2,650 2,350 2,300 3,300 3,600 11,000 12,000

4, / DU

11,750 25,000 7,600 12,000 8,000 14,000 20,500 33,000 1,275 900 3,250 2,875 2,550 4,400 3,950 13,250 17,000

uo,v7vKJ

3,000 7,000


We Invite You to Consign Your Coins & Currency!

Bowers and Merena’s Official Auction of the Whitman Coin & Collectibles Baltimore Expo March 29 - April 3, 2011 • Baltimore, Maryland • United States Consign U.S. Lots by February 7, 2011 * Consign World Lots by January 10, 2011 — ■/

«-v -

i "ft1-* n ‘ * IStl

Chief Executive Officer

Executive Vice President

-

■Mr-H

lit j&akjijKf,

US. &W,MGm & Currency Specialist

World Coin & Currency Specialist

Director of Currency Auctions

Executive Director of Consignments

Senior Numismatist

Debbie Wilke* Consignment Director

Consignment Director/ Numismatist

Bowers and Merena is proud to begin another year as the only Official Auctioneer of the Whitman Baltimore Expo! We invite you to consign to Bowers and Merena’s Official Baltimore Auction and include your valued coins and currency among the incredible selection set to cross the auction block in March. Whether you are consigning a few of your priceless rarities, a prized Registry Set, or an extensive collection of numismatic jewels, the experienced Consignment Directors at Bowers and Merena and Ponterio & Associates are ready to help you realize your best possible result.

Bowers and Merena and Ponterio & Associates welcome your consignments of U.S. and world coins and currency to the only Official Auction of the Whitman Coin & Collectibles Baltimore Expo. Call a consignment specialist today to learn how we can help you sell your coins and currency to the highest bidders in Baltimore!

800.458.4646

-When great collections are sold...Boner*

^ PNG Stave 0m4s PNG # 250 Non OMto PNO * 304 Richard Ponterio PNG * 3M

and Merena sells them!-

18061 Fitch, Irvine, CA 92614 TOLL FREE: 800.458.4646 • Fax: 949.253.4091 Email: auction@bowersandmerena.com • www.kiwersandmerena.com BAM CON Greensheet March Ball Cons Ad 1123 10

ANA

Slav* Deeds ANA LM # MS Ron Gllllo ANA LM » MO Richard Ponttrlo LM (2163

]


JANUARY 2011

the CURRENCY DEALER NEWSLETTER

PAGE 4

NATIONAL BANK NOTES SERIES DbNOMINA 1 ION 1st ISSUE Original $1 rays 1875 $1 scallops Original $2 rays

FRIEDBERG VG 8 FINE 12 VF 20 CU 60 1 CH CU 63 1 VCH CU 64 1 GEM CU 65 1 SUP CU 67 1 XF 40 AU 50 NUMBERS BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK ASK BID ASK BID ASK BID FR FR FR

380-382 383-386 387-389

400 500 2,050

450 550 2,250

750 675 2,650

825 735 2,875

800 925 4,200

875 1,000 4,600

1,375 1,375 5,450

1,500 1,500 5,950

1,850 1,850 7,000

2,050 2,050 7,600

2,450 2,450 7,750

2,750 2,750 8,450

2,950 2,950 9,000

1875 $2 scallops Original $5 rays 1875 $5 scallops Original $10 rays

FR FR FR FR

390-393 394-399 401-408 409-414

•2,650 925 800 1,000

2,900 1,025 875 1,100

3,100 1,050 975 1,350

3,400 1,150 1,050 1,475

3,750 1,375 1,375 1,700

4,025 1,525 1,500 1,850

5,450 2,000 2,000 2,250

5,950 2,200 2,200 2,450

7,000 2,600 2,600 3,100

7,600 2,850 2,850 3,400

7,850 3,250 3,250 4,350

8,550 3,550 3,550 4,750

9,100 3,750 3,750 4,900

1875 $10 scallops Original $20 rays 1875 $20 scallops

FR FR FR

416-423 424-429 431-439

1,200 1,900 1,800

1,300 2,100 1,950

1,225 2,200 1,850

1,325 2,450 2,025

1,500 2,550 2,350

1,650 2,800 2,575

2,150 3,100 3,100

2,350 3,400 3,400

3,000 4,200 4,200

3,300 4,600 4,600

4,150 5,300 5,300

4,550 5,800 5,800

4,600 6,000 6,000

Original $50 rays 1875 $50 scallops Original $100 rays 1875 $100 scallops

FR FR FR FR

440-443 444-451 452-455 456-463

11,000 11,000 13,000 13,000

12,000 12,000 14,250 14,250

12,000 12,000 14,250 14,250

13,000 13,000 15,750 15,750

13,000 13,000 15,250 15,250

14,250 14,250 16,750 16,750

14,000 14,000 17,500 17,500

15,500 15,500 19,500 19,500

18,050 18,050 26,100 26,100

20,000 20,000 28,500 28,500

20,050 20,050 28,500 28,050

320 325 525 3,300 3,850

350 350 575 3,600 4,250

340 340 550 3,650 4,000

375 375 600 4,000 4,400

440 500 750 4,150 5,000

480 550 825 4,550 5,500

750 1,050 1,150 6,000 8,000

825 1,025 1,150 1,400 1,250 1,900 6,600 7,000 8,800 11,250

1,100 1,550 2,100 7,700 12,500

340 350 700 3,500 5,100

375 385 770 3,800 5,600

375 500 750 3,700 5,500

415 550 820 4,000 6,000

410 525 825 4,500 6,700

450 575 900 4,950 7,300

700 800 1,100 4,700 7,900

770 1,050 875 1,225 1,200 1,900 5,150 6,750 8,700 11,000

1,150 1,350 2,100 7,300 12,000

660 850 700 1,100 1,000 1,650 60,000 65,000 At Al Al ~~~

925 1,300 1,200 1,450 1,800 2,050 70,000 75,000 ~~~ ~~~

1 SECOND CHARTER-lst ISSUE (BROWN BACK) 1 1882 $5 FR 466-478 I 1882 $10 FR 479-492 1 1882 $20 FR 493-506 1 1882 $50 FR 407-513 | 1882 $100 FR 519-531 I SECOND CHARTER-2nd ISSUE (DATE BACK) 1 1882 $5 FR 532-538 FR I 1882 $10 539-548 FR 1 1882 $20 549-557 I 1882 $50 FR 558-565 1 1882 $100 FR 566-572 ISECOND CHARTER-3rd ISSUE (VALUE BACK) 1882 $5 FR 573-575 FR 1882 $10 576-579 1882 $20 FR 580-585 FR 1882 $50 586 FR 586 A 1882 $100 THIRD CHARTER-lst ISSUE 1902 $5 red seal 1902 $10 red seal 1902 $20 red seal 1902 $50 red seal 1902 $100 red seal

1

FR FR FR FR FR

425 410 600 37,500 70,000

465 550 450 500 675 625 42,000 45,000 80,000 80,000

600 600 550 650 700 925 50,000 55,000 ~~~ 90,000

22,000 22,550 22,000 22,550 31,500 34,400 31,500 34,400

3,250 3,300 3,250 3,300 9,800 10,500 9,900 11,000 4,100 4,650 4,100 4,450 5,400 6,000 5,000 5,850 6,600 6,700 6,600 6,700 25,000 24,500 25,000 24,500 38,000 38,500 38,000 38,500

1,175 1,825 2,350 10,000 13,500

1,275 2,000 2,600 11,000 15,000

1,250 2,200 2,750 12,500 16,000

1,350 1,575 2,425 2,300 3,000 3,150 13,500 15,000 18,000 18,000

1,725 1,850 2,550 2,400 3,450 4,000 16,500 22,500 20,000 24,000

2,050 3,000 4,750 2,650 4,350 7,500 25,000 33,000 26,500 35,000

1,500 1,600 2,000 9,500 13,000

1,650 1,750 2,150 10,500 14,500

1,650 2,200 2,375 11,000 14,000

1,800 1,725 2,400 2,500 2,575 2,500 12,500 13,500 16,000 16,000

1,900 1,925 2,750 3,250 2,700 2,650 15,000 18,000 18,000 20,000

2,075 3,600 2,850 20,000 22,000

1,800 1,450 1,600 2,050 2,700 2,250 82,000 90,000 <v At At ~~~

2,000 2,250 3,000 100K

2,000 2,300 3,100 100K

2,200 2,500 3,400 110K

2,400 2,600 3,400

2,650 2,900 3,750

3,100 2,950 4,250

3,400 3,250 4,650

4,850 5,500

5,300 6,000

At At At

At At At

tv tv At

At M

At At fV

tv tv tv

At Al At

At At At

At At At

Al At At

Al Al Al

At Al Al

tv At tV

tv tv tv

tv tv At

At At At

A. At Al

1,900 2,850 3,250 13,500 15,000

1,950 3,050 5,500 15,500 18,500

2,150 3,350 6,000 17,000 20,500

4,750 4,750 14,500

5,250 5^250 16,000

12,000 5,000 4,850 6,600

16,500 6,500 6,350 7,500

6,350 7,300 7,300 27,000 27,000 42,500 42,500

A. At At

8,000

8,800

18,500 7,100 7,000 8,200

tv. tu tv

At At At

At At A.

At A, At

t\t tv. tv.

At A. At

At At tv

At At At

8,000 9,100 9,100

8,875 10,000 10,000

At At At

A, At At

At At At

A. At At

At At At

At At At

28,700 28,700 48,500 48,500

31,000 31,000 52,500 52,500

At At At

At At A,

At A, At

At tv At

At A. At

At At At

tv tv tv

At At Al

3,350 5,200 8,300 36,000 38,500

3,000 3,650

3,350 4,050

tv At At

At At At

At At At

At At Al

At A. At

At At At

3,100

3,400

At At tV

At At At

At At At

A, At At

At At At

Al At At

At A. At

A. A, A,

587-589 613-615 639-641 664-666 686-688

345 460 500 4,500 5,300

375 500 550 5,000 5,800

365 500 550 4,750 5,750

400 550 600 5,250 6,400

485 550 650 5,000 6,000

525 600 725 5,500 6,600

750 1,150 1,500 5,750 7,000

825 1,250 1,650 6,250 7,700

1,000 1,550 1,875 7,000 8,500

1,100 1,700 2,050 7,700 9,300

1,425 1,800 2,400 9,000 10,500

1,575 2,000 2,650 10,000 11,500

1,600 2,100 2,600 10,500 12,500

THIRD CHARTER-2nd ISSUE (DATE BACK) FR 590-597 1902 $5 blue seal FR 616-623 1902 $10 blue seal FR 642-649 1902 $20 blue seal 667-674 FR 1902 $50 blue seal 689-697 FR 1902 $100 blue seal

100 110 115 625 1,150

no 120 130 675 1,250

120 120 135 640 1,950

130 130 150 700 2,150

175 175 175 865 2,200

195 195 195 950 2,400

275 280 280 1,900 2,850

300 310 310 2,100 3,150

425 415 425 2,600 3,500

465 450 465 2,850 3,850

500 435 500 3,600 4,900

550 475 550 3,950 5,300

550 460 550 3,900 5,000

600 500 600 4,250 5,500

630 635 640 4,200 5,200

680 690 700 4,650 5,700

825 850 900 6,300 7,000

925 950 1,000 6,900 8,000

THIRD CHARTER-3rd ISSUE 1902 $5 blue seal 1902 $10 blue seal 1902 $20 blue seal 1902 $50 blue seal 1902 $100 blue seal

FR FR FR FR FR

598-612 624-638 650-663 675-685 698-707

75 75 85 600 1.100

85 85 95 675 1,200

100 100

no

120 120 125 850 1,500

130 130 140 950 1,650

220 220 235 1,650 2,300

245 240 260 1,800 2,550

275 315 320 2,100 2,500

300 345 355 2,300 2,750

365 365 400 2,500 3,200

400 400 435 2,750 3,500

460 440 515 2,700 3,450

500 480 565 3,000 3,750

475 460 550 3,750 3,650

520 500 610 4,100 4.000

525 600 725 5,400 6,000

575 650 800 5,900 6,600

1918 $1 1918 $2 1915/18 $5

FR FR FR

708-746 747-780 781-809

50 225

no

55 245 120

315 1,725 1,025

300 1,700 1,050

330 1,850 1,150

550 2,300 1,525

600 2,500 1,675

1915/18 $10 1915/18 $20 1918 $50

FR FR FR

810-821 822-830 831

685 950 3,000

750 1,050 3,300

1,000 1,575 6,100

1914 1914 1914 1914

$5 red seal $5 blue seal $10 red $10 blue

FR FR FR FR

832-843 844-891 892-903 904-951

36 155 38

130 40 170 42

140 52 210 55

155 57 230 60

275 58 410 65

300 64 450 70

580 84 850 105

630 92 925 115

950 105 1,350 120

1,050 115 1,500 130

1,400 140 1,950 150

1,550 155 2,150 165

1,475 160 2,250 195

1914 1914 1914 1914

$20 $20 $50 $50

red blue red blue

FR FR FR FR

952-963 964-1011 1012-1013 1024-1071

180 50 750

no

200 55 825 120

365 70 1,300 150

400 76 1,425 165

435 78 2,200 200

475 85 2,400 220

1,250 150 4,250 510

1,375 160 4,650 560

1,800 180 6,000 675

2,000 200 6,600 750

2,600 220 6,900 900

2,850 240 7,400 1,000

3,800 300 9,000 1,550

4,100 4,500 375 330 10,000 15,000 1,700 1,675

5,000 9,000 675 425 16,500 50,000 1,850 2,200

10,000 750 55,000 2,400

30,000 1,750 110K 7,500

33,000 1,950 120K 8,500

1914 1914 1918 1918

$100 red $100 blue $500 blue $1,000 blue

FR FR FR FR

1072-1083 1084-1131 1132 1133

800 265 2,900 3,100

900 285 3,200 3,400

1,375 360 6,300 7,100

1,500 385 6,900 7,800

2,100 400 12,000 15,000

2,300 440 13,500 16,500

4,350 950 17,000 24,000

7,700 10,000 1,800 1,700 24,500 28,000 42,000 36,000

11,000 25,000 2,000 2,100 31,000 35,000 46,500 75,000

30,000 50,000 3,000 2,300 40,000 50,000 85,000 90,000

55,000 3,300 57,500 100K

110K 7,500 70,000 125K

120K 8,250 80,000

1870-74 $5 1870-75 $10 1870-75 $20

FR 1136-1141 FR 1142-1151 FR 1152-1159

2,300 3,700 12,500

75,000 70,000 85,000 85,000 135K 140K

80,000 75,000 95,000 95,000 150K 154K

85,000 90,000 115K 105K 165K IV At At

1870-75 $50 1870-75 $100

FR 1160-1161 FR 1162-1166

175K 200K

195K 225K

200K 250K

1882 $50 1882 $100 1905 $20

FR FR FR FR

1174-1178 1188-1197 1201-1214 1179-1180

365 775 490 900

400 850 540 1,000

435 1,200 600 1,700

1906 1907 1913 1922

FR 1181-1186 FR 1167-1172 FR 1198-1199 FR 1173

95 88 420 68

105 95 460 75

1922 $20 1922 $50 1922 $100

FR FR FR

1187 1200 1215

90 345 485

100 375 520

1922 $500 1922 $1,000

FR 1216-1217 FR 1220

3,900 5,450

110 120 725 1,350

no

650 1,250

1,775 1,750 2,300 2,600 2,850 3,000 11,500 12,000 13,750 13,500

3,600 3^600 1L500

1,500 1,750 1,900

1,650 1,950 2,100

At At At

At At At

At At At

At At At

1,200 1,275 1,350

1,350 1,400 1,500

At At At

A. At At

1,275 6,900 3,600

1,400 7,550 4,000

9,000 21,000 20,000 32,000 43,000 52,500

23,000 35,000 57,500

3,050 5,750 1,000 435 5,700 30,000 1,275 500

6,350 1,100 33,000 1,400

FEDERAL RESERVE BANK: NOTES 65 + 250 185

72 275 200

70 360 250

80 400 275

120 630 420

130 185 685 1,050 460 ‘ 550

1,100 1,700 6,700

1,575 2,500 8,800

1,700 2,700 9,600

2,800 4,900 13,750

3,100 4,000 5,400 7,000 15,250 21,000

205 1,150 600

210 1,375 850

4,200 4,350 7,700 7,400 23,000 22,500

230 1,475 950

295 1,600 925

4,600 6,000 9,000 8,200 25,000 27,000

6,600 6,400 10,000 11,000 29,500 32,000

8,000 7,000 12,000 17,850 35,000 39,000

FEDERAL RESERVE NOTES

4,750 6,000 1,050 1,150 19,000 20,000 26,500 29,500

7,000 6,600 1,250 1,550 22,000 22,000 32,500 33,000

1,600 175 2,500 215

1,950 240 2,500 240

2,150 265 2,750 265

2,750 395 5,200 460

NATIONAL GOLD BANK NOTES 5,500 13,000 11,000 35,000 35,000 67,500 300K 225K 350K 275K

2,500 5,000 4,200 10,000 14,000 32,500

14,500 35,000 38,000 45,000 74,000 85,000 400K 335K 450K 400K

38,500 45,000 50,000 55,000 95,000 95,000 440K 500K

450K 500K

50,000 55,000 60,000 65,000 110K 105K 500K 550K

500K 550K

60,000 65,000 75,000 75,000 130K 120K 550K 600K

550K 600K

600K 700K

650K 800K

750K 900K

8,100 8,800 11,500 15.500 8,300 8,900 22,000 27.500

9,700 17,000 9,600 30,000

13,750 32.500 18.500 33,000

15,000 32,500 35,000 70,000 20,000 50,000 105K 36,000

35,500 77,000 55,000 115K

5,500 11,000 8.250 2,850 25,000 60,000 5.250 1,950 5,250 3,350 16,000 27,500 17,500 30,000

12,000 9,250 65,000 5,750

600K 650K

850K 1 MIL

100K 125K At At Al

At At Al

At Al At

GOLD CERTIFICATES

$20 $10 $50 $10

7,350 6,500 8,700 10,500 7,600 7,000 16,000 20,000 1,325 1,375 1,250 1,075 5,500 4,300 825 800

475 1,350 650 1,850

1,100 1,575 1,100 3,650

1,200 1,725 1,200 4,025

3,850 4,700 2,650 6,750

4,250 4,900 5,100 6,300 2,900 4,900 7,300 11,500

5,400 6,900 5,400 12,500

6,000 8,000 6,400 14,500

160 145 450 120

175 160 490 135

250 165 575 145

275 180 625 160

575 445 1,550 300

625 485 1,700 325

900 700 3,100 525

1,000 775 3,400 575

1,250 975 3,900 725

135 365 675

150 400 725

190 480 735

210 525 800

450 1,475 2,150

500 1,625 2,350

725 2,250 2,750

800 2,450 3,050

1,000 2,900 3,600

1,100 3,200 3,950

10,750 11,500

18,500 18,500

20,500 20,500

35,000 44,000

38,500 48,000 48,000 70,000

53,000 80,000

80,000 95,000

90,000 105K

4,300 9,750 6,000 10,500

1,475 1,375 6,000 900

1,825 1,825 6,800 1,125

5,000 2,000 2,600 2.000 7,300 22,500 1,775 1,225

1,250 4,100 4,600

1,350 4,500 5,000

1.500 6,300 6.500

1,650 7,000 7,100

3,050 14,500 16,000

90,000 105K

100K U5K

100K 115K

110K 125K

110K 125K

120K 135K

150K 155K

165K 170K

5,750 30,000 33,000

U.S. FRACTIONAL CURRENCY FIRST ISSUE (1862-63) 5 cent perforated edges 5 cent straight edges 10 cent perforated edges 10 cent straight edges

FR FR FR FR

1228-1229 1230-1231 1240-1241 1242-1243

15.00 14.50 14.00 13.25

16.25 15.50 15.00 14.25

21.00 20.00 18.00 17.00

23.00 22.00 20.00 19.00

23.00 22.00 22.50 20.00

25.00 24.00 25.00 22.00

32.00 31.00 31.00 26.00

35.00 34.00 34.00 28.00

55 33 65 30

60 36 70 33

80 44 100 37

88 48 110 40

120 52 160 70

130 56 175 75

180 68 275 80

200 74 300 90

415 115 475 240

455 125 510 260

800 365 625 700

875 400 675 770

25 25 50 50

FR FR FR FR

1279-1280 1281-1282 1310-1311 1312-1313

16.00 15.00 22.00 18.50

17.50 16.25 24.00 20.00

19.00 16.75 25.00 21.50

21.00 18.00 27.00 23.50

22.00 18.00 29.00 23.50

24.00 20.00 32.00 25.50

42.00 28.00 43.00 32.00

46.00 31.00 47.00 35.00

70 40 110 55

77 45 120 60

115 60 190 95

125 66 210 105

170 78 315 140

185 85 345 155

275 145 410 200

300 160 450 220

620 165 775 315

685 180 850 340

1,200 650 1,750 725

1,325 700 1,900 800

SECOND ISSUE (1863-67) 5 cent 5 cent fiber paper 10 cent 10 cent fiber paper

FR 1232-1234 FR 1235 FR 1244-1248 FR 1249

14.50 17.00 13.25 15.00

15.50 18.50 14.25 16.25

20.00 23.00 17.00 19.50

22.00 25.00 18.50 21.50

22.00 35.00 20.00 30.00

24.00 38.00 22.00 33.00

29.00 90.00 27.00 85.00

32.00 100.00 29.00 95.00

44 175 31 175

48 190 34 200

46 250 44 290

50 275 48 320

55 490 60 575

60 540 65 625

80 640 80 850

90 700 90 950

235 1,250 200 1,650

260 1,375 220 1,800

400 2,500 325

440 2,750 360

25 25 50 50

FR FR FR FR

1283-1288 1289-1290 1314-1318 1320—1322

13.25 15.00 16.50 18.00

14.25 16.25 17.50 20.00

16.00 19.00 20.00 22.50

17.00 21.00 22.00 24.50

16.50 26.00 22.00 29.00

18.00 28.00 24.00 31.00

20.00 62.00 27.00 55.00

22.00 68.00 30.00 60.00

32 125 50 110

35 135 55 120

45 185 115 215

49 200 125 235

88 410 160 345

95 450 175 375

128 675 250 585

140 735 275 650

210 975 335 1,025

230 1,075 360 1,150

450 1,650 850

500 1,800 950

THIRD ISSUE (1864-69) 3 cent light background 3 cent dark background 5 cent red back 5 cent green back

FR 1226 FR 1227 FR 1236-1237 FR 1238—1239

26.00 30.00 14.50 14.50

29.00 33.00 15.50 15.50

34.00 40.00 20.00 20.00

36.00 44.00 22.00 22.00

35.00 44.00 23.00 22.00

38.00 48.00 25.00 24.00

36.00 53.00 31.00 27.00

40.00 58.00 34.00 29.00

50 68 40 36

55 75 44 39

65 95 60 50

70 105 65 55

72 175 130 70

80 190 140 80

115 250 190 90

125 275 210 100

200 400 215 190

220 440 235 205

500 560 800 500

550 610 875 550

red back auto. green back red back green back filvpr Itanpr riDer paper

FR FR FR FR FR FR

1251-1252 1253-1254 1255-1256 1291-1293 1294-1296 1297—1300

13.50 17.00 13.25 13.25 13.25 17.00

14.50 19.00 14.25 14.25 14.25 18.50

18.50 25.00 18.00 16.25 16.00 22.00

20.50 30.00 20.00 17.25 17.00 24.00

22.00 30.00 20.00 20.00 18.50 30.00

24.00 35.00 22.00 22.00 20.00 33.00

33.00 44.00 28.00 44.00 29.00 70.00

45 55 36 60 37 105

50 60 39 65 40 115

90 100 50 90 60 195

100 110 55 100 65 215

130 160 60 155 95 315

140 175 65 170 105 345

185 190 75 170 105 475

205 210 80 185 115 525

205 290 130 320 160 650

225 320 140 350 175 725

OQA ooU

cent cent cent cent cent /.pnf cent

30.00 40.00 26.00 40.00 27.00 60.00

OAA oUU

10 10 10 25 25 OC 4D

750 525 725 400 1,400

825 575 800 440 1,550

Spinner-TV. Spinner-Ty. Spinner-TV. Spinner-Ty.

FR 1324-1327 FR 1328-1330 FR 1331-1338

30.00 29.00 29.00 35.00

33.00 32.00 32.00 38.00

48.00 45.00 44.00 52.00

53.00 50.00 48.00 57.00

57.00 55.00 46.00 60.00

63.00 60.00 50.00 66.00

95.00 95.00 80.00 86.00

105.00 105.00 88.00 95.00

110 125 85 100 -

120 135 95 110

170 160 140 165

185 175 155 180

240 270 205 200

230 270 190 220

255 300 210 240

375 320 365 435

410 350 400 475

i i ca

cent cent cent cent

220 245 185 180

$ r\cn

50 50 50 50

cent cent cent cent

perforated edges straight edges perforated edges straight edges

cent cent fiber paper cent cent fiher naoer

1; red back 1; auto. 1; green back 2

innc cnm

1,050 800 850 1,500

1,150 880 950 1,650


SERGIO SANCHEZ JR. CURRENCY U.S. LARGE SIZE NOTES SPECIALIST BUY - SELL EXPERT APPRAISALS LARGE SELECTION OF: • US Notes • Treasury Notes • Silver Certificates • Gold Certificates • Nationals • Confederates • Colonials • Obsoletes SMALL AND LARGE SIZE U.S. CURRENCY Paying TOP DOLLAR for your US Type Notes TEL: (305) 567-1515 • FAX: (305) 567-1898 P.O. BOX 44-2809 • MIAMI, FL. 33144-2809 E-mail: sergio@sanchezcurrencv.com www. sanchezcurrency. com PCDA-SPMC-ANA Member


the CURRENCY DEALER NEWSLETTER

PAGE 5

U.S. FRACTIONAL CURRENCY continued QFR FS

DENOMINATION 50 50 50 50 50

cent Justice—red back cent Justice—red back; fiber cent Justice—auto. cent Justice—green back cent Justice—gm.back; fiber

FRIEDBERG VG 8 FINE 12 VF 20 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 XF 40 CU 60 AU 50 NUMBERS BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK FR FR FR FR FR

1343-1350 1357 1355-1356 1358-1369 1370-1373

37.00 75.00 40.00 36.00 41.00

40.00 52.00 85.00 140.00 45.00 50.00 40.00 43.00 45.00 52.00

FOURTH ISSUE (1869-75) 10 cent 15 cent 25 cent

FR FR FR

1257-1261 1267-1271 1301-1307

13.00 36.00 13.25

14.00 40.00 14.25

17.00 44.00 16.00

19.00 47.00 17.00

19.00 45.00 16.50

21.00 48.00 18.00

50 cent Lincoln 50 cent Stanton 50 cent Dexter

FR FR FR

1374-1375 1376 1379

45.00 17.00 16.50

50.00 18.50 18.00

70.00 22.50 21.50

75.00 24.50 23.50

85.00 30.00 26.00

FIFTH ISSUE (1874-76) 10 cent green seal 10 cent red seal 25 cent 50 cent

FR FR FR FR

1264 1265-1266 1308-1309 1380-1381

14.00 13.00 13.00 16.50

15.00 14.00 14.00 18.00

18.00 16.00 16.00 20.00

20.00 17.00 17.00 22.00

21.00 18.00 17.50 21.00

57.00 65.00 155.00 290.00 55.00 55.00 48.00 52.00 57.00 75.00

72.00 125.00 320.00 475.00 60.00 120.00 57.00 110.00 82.00 190.00

135.00 525.00 130.00 120.00 210.00

150 600 175 140 215

165 675 190 150 235

225 1,025 260 205 425

250 1,125 285 225 465

320 1,300 400 275 775

355 1,425 440 300 850

435 2,000 440 385 1,000

475 2,200 480 425 1,100

2,900 725 625 1,750

875 3,200 800 675 1,900

1,400 5,500 1,350 1,500 4,500

6,500 1,500 1,650 5,500

23.00 65.00 22.00

25.00 70.00 24.00

27 70 28

29 80 31

35 80 40

38 90 44

58 100 70

63 110 77

75 135 100

80 150 110

140 210 190

150 230 210

450 1,000 475

500 1,100 525

93.00 33.00 28.00

140.00 42.00 35.00

155.00 46.00 38.00

260 75 48

285 82 52

375 100 80

410 110 88

550 240 100

600 265 110

800 300 130

875 325 140

1,300 550 290

1,450 600 320

2,375 900 700

2,600 1,000 775

23.00 20.00 19.00 23.00

26.00 23.00 22.50 27.00

28.00 25.00 25.00 29.00

36 26 30 36

40 28 33 40

55 33 38 50

60 36 42 55

75 46 44 55

80 50 48 60

80 50 55 60

90 55 60 65

135 72 65 115

145 80 72 125

350 200 350 380

400 220 385 430

U.S. FRACTIONAL CURRENCY PROOF AND SPECIMEN NOTES SERIES DENOMINATION

NARROW MARGIN WIDE MARGIN FRIEDBERG CU 60 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 CU 60 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 NUMBERS BID ASK BID ASK BID ASK BID ASK ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID

FIRST ISSUE 5 cent face 5 cent back 10 cent face 10 cent back

FR FR FR FR

1231 1231 1243 1243

40 35 40 31

44 38 44 34

70 55 60 40

80 60 65 44

85 65 70 45

95 70 80 50

125 80 90 60

140 90 100 65

210 115 250 190

235 125 275 210

85 75 105 65

95 85 115 70

120 95 145 105

130 105 160 115

195 160 220 155

215 175 240 170

345 275 355 265

380 300 385 290

525 435 550 475

575 475 600 525

25 25 50 50

FR FR FR FR

1282 1282 1313 1313

38 30 62 40

42 33 67 44

73 47 77 70

80 53 85 77

100 55 90 80

110 60 100 88

150 70 155 100

165 77 170 110

205 105 290 295

225 115 320 325

115 100 165 105

125 110 180 115

125 160 180 135

135 175 200 150

180 185 230 175

200 200 255 190

335 290 330 320

365 320 360 350

600 590 625 615

650 640 690 665

SECOND ISSUE 5 cent face 5 cent back 10 cent face 10 cent back

FR FR FR FR

1232 1232 1244 1244

44 30 43 26

48 33 47 28

73 53 65 45

80 58 70 50

90 65 85 55

100 72 95 60

125 85 120 70

135 95 130 77

175 125 185 115

195 135 205 125

90 80 100 90

100 90 110 100

160 130 145 135

175 145 160 150

195 185 170 160

210 200 185 175

250 220 225 220

275 240 245 240

400 380 400 350

440 420 440 385

25 25 50 50

FR FR FR FR

1283 1283 1314 1314

47 32 47 40

53 35 53 44

65 58 65 57

70 63 70 62

88 65 90 73

95 70 100 80

135 90 150 100

145 100 165 110

200 135 300 190

220 150 330 210

145 120 140 135

160 130 155 145

160 145 210 170

175 160 230 185

205 170 290 215

225 185 320 235

285 230 415 315

310 255 455 345

525 350 650 600

575 385 715 660

THIRD ISSUE 3 cent face light 3 cent face dark 3 cent back

FR 1226 FR 1227 FR 1226-1227

70 29 26

77 32 28

95 45 40

105 50 44

115 68 50

125 75 55

165 100 70

180 110 77

3,050 175 110

5,000 220 165

5,500 240 180

6,250 310 220

7,000 340 240

7,250 410 330

8,000 450 360

IV IV iv

zzz

2,750 160 100

IV IV IV

~~~

575 435

625 475

5 cent face 5 cent back red 5 cent back green

FR 1236-1238 FR 1236 FR 1238

42 26 28

46 28 31

58 40 45

63 44 50

70 50 68

77 55 75

115 75 95

125 85 105

210 130 155

230 140 170

115 100 70

130 110 80

170 135 125

190 145 135

225 160 145

250 175 160

310 205 210

340 225 230

420 350 300

465 385 330

10 10 10 10 10

FR 1251 FR 1253 FR 1254 FR 1253-1254 FR 1255

50 68 170 50 30

55 74 185 55 33

60 85 210 80 65

65 95 230 90 70

80 100 225 95 85

88 110 250 105 93

120 130 270 120 125

130 140 295 130 135

no 225

250

120 140 3,100 100 105

135 155 4,750 140

160 210 6,000 160 140

175 230 6,650 175 155

270 295 7,000 240 215

300 325 7,700 260 235

450 475

500 525

IV IV IV

IV iv IV

no

150 170 5,250 155 120

430 415

470 450

25 cent face 25 cent back red 25 cent back green

FR 1291-1294 FR 1291 FR 1294

75 45 30

85 50 33

100 70 58

110 80 63

110 80 65

120 90 70

135 95 75

120 105 80

140 125 105

155 135 115

170 160 128

185 175 140

285 245 170

320 265 185

440 425 340

480 465 375

SPINNER 50 cent face—printed Colby &. Spinner 50 cent face—auto. Colby & Spinner 50 cent face Allison & Spinner 50 cent face Jeffries & Spinner

FR FR FR FR

1324 1328 1329 1330

75 110 1,800 90

95 82 125 120 2,000 2,600 140

105 135 2,850 155

110 150 3,000 165

425 330 475 375 13,200 13,000 5,500 6,500

465 525 14,250 7,000

570 600

620 660

50 cent back red 50 cent back green 50 cent back green TV- 2

FR 1324-1330 FR 1331 FR 1339

65 65 1,900

70 85 85 70 2,100 2,200

95 95 2,400

100 100 2,650

465 440 10,300

cent cent cent cent

cent cent cent cent

cent cent cent cent cent

face back face back

face back face back

face—printed Colby & Spinner face—auto. Colby & Spinner face—auto. Jeffries & Spinner back red back green

JUSTICE 50 cent face—printed Colby & Spinner FR 50 cent face—auto. Colby & Spinner FR 50 cent face Jeffries & Spinner FR

165 230

180 255

130 2,800 90 95

150 105 82

165 130 115

180 145 125

110 95 73

140 120 200 165 3,300 4,400 225 180

155 220 4,850 250

ru iv iv

iv iv iv

190 200 9,000 2,000

135 110 135 110 2,900 3,750

145 145 4,100

250

275

135 135 2,950

145 145 3,250

165 150 3,550

180 165 3,850

220 190 4,500

245 210 4,900

350 275 5,800

420 385 400 315 6,300 9,300

145 275 2,350

210 285 4,300

230 310 4,750

270 370 5,000

295 400 5,500

400 500 6,500

440 550 7,000

600 875

650 975

iv iv iv

m iv

385 345

425 390

465 430

1,650 2,500 8,000 1,700 2,800 1,750 2,850

3,100 3,150

750 1,050

825 1,150

350

400

fV IV ^

IV iv

IV IV IV

IV IV IV

300 285 340 330 12,000 12,000 4,750 5,000

260 210 300 220 11,000 10,000 2,200 4,300

1343 1355 1357A

95 120 170

105 130

125 155 255

135 170 280

135 165 295

145 180 325

155 180 390

170 200 430

IV IV IV

iv IV IV

IV IV iv

IV IV IV

IV IV IV

IV IV IV

130 250 2,150

50 cent back red 50 cent back green

FR 1343-1357 FR 1358

44 43

48 47

73 65

80 70

80 70

88 77

100 90

110 100

140 115

155 125

125 100

135 110

190 135

210 150

250 185

275 205

355 315

GRANT AND SHERMAN 15 cent face—printed Colby & Spinner 15 cent face—auto. Colby & Spinner 15 cent face—auto. Jeffries & Spinner 15 cent face—auto. Allison & Spinner

FR FR FR FR

1272 1273 1274 1275

250 1,950 260 265

340 275 2,150 2,600 350 280 370 290

370 2,850 380 400

600 3,700 500 535

875 650 4,000 4,900 700 550 750 585

950 5,400 770 825

1,700

1,900

1,500 1,600

1,650 1,750

500 2,700 510 520

550 3,000 560 570

800 4,800 800 825

880 5,300 880 900

950 5,500 975 1,075

1,050 6,000 1,075 1,175

1,500 7,250 1,550 1,600

15 cent back green 15 cent back red

FR 1272 FR 1273-1276

140 140

230 230

260 260

330 330

365 365

620 620

685 685

265 265

290 290

290 325

320 350

325 425

355 465

435 575

155 155

210 210

285 285

475 625

2,750

SMALL SIZE LEGAL TENDER NOTES SERIES DENOMINATION

CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 CU 60 AU 50 XF 40 VF 20 FINE 12 VG 8 FRIEDBERG ASK ASK BID ASK BID BID ASK BID BID ASK BID ASK ASK ASK BID ASK BID ASK BID NUMBERS BID 1,050 1,150 400 435 250 50 160 665

330 100 250 1,000

360 no 275 1,100

145 565 1,550

160 615 1,700

600 1,450 3,575

650 1,600 3,875

75 37 47 37

82 40 52 40

82 48 80 40

90 53 88 44

150 64 185 70

165 70 200 78

365 275 625 220

400 300 685 245

28 10.00 10.00 10.00

30 10.00 10.00 10.00

32 11.00 11.00 11.00

32 14.50 13.00 12.50

35 16.00 14.50 13.50

45 19.00 18.00 16.00

50 21.00 20.00 17.50

170 40 38 33

185 44 41 36

9.00 8.00 8.00 . 40

10.00 8.75 8.75 44

10.00 8.50 8.50 45

11.00 9.25 9.25 50

12.50 10.50 10.50 50

13.50 11.50 11.50 55

17.00 15.00 15.00 95

18.50 16.50 16.50 105

37 27 37 290

40 30 40 320

38.00 + 27.50 + 27.50 72.00

50 40 38 100

55 44 42

85 50 50 130

85 52 55 135

95 57 60 145

360 115 77 200

400 125 85 220

785 265 250 640

860 290 275 700

FR FR FR FR

1501 1502 1503

70.00 7.50 8.75 25.00

75.00 8.50 9.75 27.00

75.00 8.00 12.00 45.00

82.00 9.00 13.00 50.00

115.00 9.00 19.00 95.00

125.00 10.00 21.00 105.00

145.00 10.50 38.00 225

160.00 11.50 42.00 250

180 15.00 60.00 300

200 + 16.50 70.00 330

200 40 70 475

220 44 80 525

230 45 150 600

C$2 D $2 E $2 F $2

FR FR FR FR

1504 1505 1506 1507

7.00 7.00 7.20 7.00

7.75 7.75 8.00 7.75

8.00 8.00 8.15 8.00

8.75 8.75 9.15 8.75

9.00 8.25 9.25 8.25

10.00 9.00 10.25 9.25

10.50 9.25 11.50 9.50

11.50 10.25 12.50 10.50

16.00 13.00 17.00 13.25

17.50 14.00 19.00 14.25

40 33 35 32

44 36 38 35

G $2 *2 A $2 B $2

FR FR FR FR

1508 1509 1510 1511

7.00 5.00 5.00 5.00

7.75 5.50 5.50 5.50

8.00 5.15 5.15 5.15

8.75 5.65 5.65 5.65

8.25 5.35 5.35 5.35

9.25 5.85 5.85 5.85

9.25 5.75 5.75 5.75

10.25 6.25 6.25 6.25

13.00 6.25 6.25 6.25

14.00 6.75 6.75 6.75

26 9.00 9.00 9.00

1953 C$2 1963*2 1963 A *2 1928 $5

FR FR FR FR

1512 1513 1514 1525

5.00 5.00 5.00 9.75

5.50 5.50 5.50 10.75

5.15 5.15 5.15 12.00

5.65 5.65 5.65 13.00

5.35 5.35 5.35 14.50

5.85 5.85 5.85 16.00

5.75 5.75 5.75 19.00

6.25 6.25 6.25 21.00

6.25 6.25 6.25 25.00

6.75 6.75 6.75 27.50

17.50 13.50 13.50 45.00

26.00 16.00 15.00 50.00

28.00 17.50 16.50 55.00

35.00 25.00 25.00 65.00

1928 1928 1928 1928

$1 $2 A $2 B $2

1928 1928 1928 1928 1928 1953 1953 1953

1928 1928 1928 1928

A *5 B *5 C $5 D *5

FR FR FR FR

-

+

-

1526 1527 1528 1529

10.50 9.50 9.50 14.75

11.50 10.50 10.50 16.25

12.25 11.50 11.50 20.50

13.25 12.50 12.50 22.50

16.00 12.50 12.50 40.00

no

75 45 45 120

10.50 10.50 9.50 9.50

11.50 11.50 9.50 9.50

12.50 12.50 10.25 10.25

12.50 12.50 9.75 9.75

13.50 13.50 10.75 10.75

15.00 15.00 10.00 10.00

16.50 16.50 11.00 11.00

20.00 20.00 12.00 12.00

22.00 22.00 13.00 13.00

32.00 32.00 15.10 15.10

35.00 35.00 16.10 16.10

36.00 36.00 16.00 16.50

40.00 40.00 17.00 17.50

46.00 44.00 17.00 17.50

50.00 48.00 18.00 18.50

65.00 21.00 21.00

72.00 23.00 23.00

200 44 44

E $5 F *5 $5 A $5

FR FR FR FR

1530 1531 1532 1533

9.50 9.50 8.75 8.75

1953 B *5 1953 C *5 1963 $5

FR FR FR

1534 1535 1536

8.75 8.75 8.75

9.50 9.50 9.50

9.50 9.50 9.50

10.25 10.25 10.25

9.75 9.75 9.75

10.75 10.75 10.75

10.00 10.00 10.00

11.00 11.00 11.00

12.00 12.00 12.00

13.00 13.00 13.00

15.10 15.10 15.00

16.10 16.10 16.00

15.75 15.75 15.50

16.75 16.75 16.50

16.75 19.00 16.25

17.75 21.00 17.25

32.00 18.00

35.00 19.50

65 42

75 46

FR FR

1550 1551

100 125

110 140

102 135

112 150

105 140

115 150

140 170

150 185

175 350

195 380

230 500

250 550

300 630

330 690

345 800

375 880

475 925

525 1,000

1,050

1966*100 iqaa a tmn

1,150 / : 'i'

1928 1928 1953 1953

SMALL SIZE !SILVER CERTIFICATES 1928 1928 IQ7Q

*1 A $1 d ti D )1

FR FR FR rl»

1600 1601 1602

20.00 20.00 20.00

1928 1928 1928 t qqa

C$1 D*1 E*1 «i

FR FR FR FR

1603 1604 1605 1606

65.00 25.00 200.00 22.00

1935 *1 1935 A *1 1935 BS1

FR FR FR

1607 1608 1611

2.75 1.60 1.90

22.00 22.00 22.00

22.00 21.25 22.00

72.00 82.00 27.00 31.00 220.00 320.00 24.00 23.25 3.00 1.70 2.10

5.00 2.00 3 50

24.00 23.25 24.00

24.00 21.50 24.00

90.00 130.00 57.00 34.00 350.00 360.00 24.00 25.25 5.50 2.20 3.75

5.10 2.50 3.60

70 65 85

230 210 250

255 230 275

660 285 1,750 57

685 410 2,300 82

750 450 2,500 90

1,700 1,100 4,200 285

1,850 1,200 4,600 310

26.00 12.50 13.00

39.00 14.50 16.50

43,00 16.00 18.00

60 36

67 40

28.00 24.00 28.00

33 33 33

36 36 36

42 42 48

46 46 53

45 44 52

50 48 57

48 47 57

53 52 62

145.00 210.00 62.00 105.00 400.00 700.00 25.00 26.00

230.00 115.00 775.00 27.00

280 140 850 31

310 155 925 34

360 165 1,075 42

400 185 1,175 46

450 240 1,400 46

500 260 1,550 50

600 260 1,600 53

5.20 2.90 3 70

5.70 3.20 4.00

5.30 3.40 3 80

5.80 3.75 4.10

7.00 6.75 8.00

7.75 7.50 9.00

14.50 8.00 9.00

15.50 9.00 10.00

24.00 11.50 12.00

5.60 2.75 3.85

www. cdnpublications. com

^■1

220 48 48

64 58 80

26.00 22.00 26.00

26.00 23.50 26.00

-


\.\L ARY 2011

the CURRENCY DEALER NEWSLETTER_RAGE 6 SMALL SIZE SILVER CERTIFICATES continued

SERIES DENOMINATION

CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 1 FRIEDBERG CU 60 XF 40 VG 8 V F 20 AU 50 FINE 12 ASK BID ASK BID ASK ASK BID ASK BID NUMBERS BID ASK Bin ASK BID ASK BID ASK BID ASK BID — 7 iT“ ‘ ! n'J -- " j“V. 2 2"

l*Jd O N |1 ft $k l*A5 K II 1*35 G with MOTTO 11 IW5 H II 1*67 11 ■ >467 8 11 1*34 15 1*34 A 15 1*34 C 15 1*34 D 15 1V5.1 IS 1*63 1*183 1*33 1*34 1*34 1*34 1934 1934 1*53 1*53 1983

A 15 8 IS 110 110 A 110 B S10 c no 0 110 110 A 110 B 110

FR n n PR PR KR FR PR KR PR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR

1614 1615 1616 1618 1619 1620 1621 1650 1651 1652 1653 1654 1655 1656 1657 1700 1701 1702 1703 1704 1705 1706 1707 1708

1 SO 1 50 1 50 1 50 1 60 3 60 200 1.55 1 55 1 55 9.75 9.00 1060 9.00 9.00 8.50 8.50 8.50 1,850 26 23 35 24 27 39 40 39

R 1*35 A ’R* 11 t9)5 A ‘S’ 11

FR FR

1609 1610

57 55

1929 1929 1929 1929 1929 1929 1929 1*29 1929 1929

FR FR FR FR FR FR FR FR FR FR

1800-01 1800-02 1801-01 1801-02 1802-01 1802-02 1803-01 1803-02 1804-01 1804-02

30 30 30 30

1 65 l 65 1 65 1 65 1 70 3.90 2.20 1 65 1 65 1 65 10.75 10.00 11 60 10.00 10.00 9.50 9.50 9.50 2.100 28 25 38 26 29 43 44 43

1 80 1 80 1 80

1,95 1.95 1.95 1*5 3.50 4.20 3.80 1.75 1.75 1.75 11.35 10.30 12.25 10.25 10.25 10.25 10.25 10.25 3,100 32 26 55 28 32 46 46 45

3.90 3.50

1.65 10.35 9 30 11 25 9.25 9.25 9.25 9.25 9.25 2,850 29 24 50 26 29 42 42 41

2 00 2.00 2.00 2.00 4.00 3.60 1.85 1.85 1.85 10.45 10 10 11.35 9.70 9.70 9.50 9.50 9 50 4,150 32 26 105 28 32 43 45 43

2 20 2.20 2 20 2.20 4.00 4.30 3.90 2.05 2.05 2.05 11.45 11.10 12.35 10.70 10.70 10.50 10.50 10.50 4,550 35 28 115 30 35 47 50 47

2.35 2.35 2.35 2 35 3.80 4.10 3.70 2.25 2 25 2.25 10.65 10.20 11.45 10.10 10.10 10.00 10.00 10.00 5,250 37 35 300 34 35 45 55 45

2 60 2.60 2 60 2.60 4.05 4 45 4.00 2 50 2 50 2.50 11.65 11.20 12.45 11.10 11.10 11.00 11.00 11.00 5,750 40 38 330 37 38 50 60 50

3.10 3.10 3.10 3.10 3.85 4 20 3.80 3.10 3.10 3.10 14.00 12 50 15.00 13.00 12.50 13.00 12.50 12.50 6,750 45 43 525 43 43 60 80 55

+ ♦ +

3 35 3.35 3.35 3.35 4.10 4 55 4.10 3 35 3 35 3.35 15.50 13.50 16.00 14.00 13.50 14.50 13.50 13.50 7,350 50 47 575 47 47 65 90 60

6 25 600 6 00 6.00 7 25 22.00 7.25 5.00 5 50 5.50 17.00 16.00 18.50 15.50 15.50 15.00 14.00 14.00 7,500 75 77 1,000 70 80 72 105 75

1600 825 1000 13 80 9 00 7 50 10.00 13 80 1000 900 7 50 900 10 (X) 13 80 7.50 1700 9.00 925 38.00 2600 26 00 - 2* 50 11 00 1900 9.00 1000 8 50 7.00 10.00 7 50 8.50 7.00 8.50 10.00 700 7.50 36.00 60.00 24.00 33.00 27 00 40 00 20.00 25.00 40.00 66 00 25.00 36.00 42.00 17.50 20.00 22.00 JJ no 42 00 17.50 20.00 25.00 20.00 18.50 18.00 24.00 17.50 17.00 19.00 19.00 24.00 17.50 17.00 18,000 20,000 8,750 16,000 87 95 115 88 190 290 170 115 2,200 3.300 1,700 2,000 88 95 128 85 95 170 105 95 85 88 95 105 265 300 240 200 140 120 130 90

725 6 50 6.50 6 50 8.25 24.00 8.25 6 25 6.25 6.25 22 00 18.00

6 75 6 50 6 50 6 50 8.00 24.00 8 00 5.50 6 25 6.25 18 50 17 50 20.00 17.00 17.00 16.50

23.00 16.00 16.00 17.00 16.00 16.00 8,000 80 105 1,550 75 88

15.00 15.00 8.250 83 85 1,100 80 90 80 115 82

78 185 82

-

-

14 80 14 80 14 80 1800 43 00 21 00 11 SO 11 00 1 1 OO 65 00 44 00

34 28 28 28

00 00 (JO UO

13 00 110 00 32 00 15 00 1700 1700 100 00 100 00

67 67

73

72 75

80 85

85 85

95 95

43 00 43 00 34 500 5( 600 8,000 300 500 525 700 375 -

£ 63 60

120 00 34 00 lb 50 16 50 16 50 no uo 110 00 275 00 125 00 95 00 4 3 00

75 00 250 00 46 00 11500 .. 85.00 27 00 39 00 39.00 26.00 26.00 39 00 22,000 31,500 125 460 320 550 3,600 7,250 138 280 185 450 475 115 330 650 150 345

5 EXPERIMENTAL SILVER CERTIFICATESi

S

37 00 31 (JO 31 (JO

400 325

500 475

550 525

1,325 1,300

160 160 145 175 205 210 475 700 775 825

165 195 170 220 190 255 500 800 725 1,000

180 215 185 240 205 275 550 900 800 1,100

310 325 325 325 685

340 370 350 350 750

IV IV IV

IV IV IV

IV IV IV

NNN

105 125 125 200 250

185 200 200 475 635

75 85 95 65 57.00 57 63 55 75 80 36.00 42 46 50 60 75 80 95 105 55 38.00 220 270 300 180 200 125 165 230 285 310 170 180 200 210 1,900 + 2,100 2,200 + 2,400 2,300 + 2,525 1,650 4,300 4,200 ■F 4,600 3,600 3,900 + 3,200 3,200 100K 125K 66,000 62,000 72,000 90,000 115K 110K 190K 210K 265K 290K 125K 135K 15 17 25 27 30 11.50 23 14.75 19 22 28 31 35 38 25.00 25 28 32 35 40 44 70 77 70 90 100 95 105 120 140 125 140 155 145 160 ♦ 1,200 1,300 1,400 1,600 + 1,750 1,650 ■F 1,800 •f 2,475 2,500 ♦ 2,750 2,900 + 3,200 3,100 + 3,400 65,000 60,000 70,000 87,500 95,000 100K 110K 55,000 55,000 65,000 72,500 82,500 80,000 90,000 13 7.00 15 14 16 18 16 14.00 18 20 25 28 27 30 24.00 25 27 27 30 30 33 60.00 60 65 70 80 80 90 120 125 135 140 150 145 155

105 105 135 300 385 3,250 5,000 140K 315K 35 47 48 115 240 1,900 3,700 125K 105K 19 37 35 115 150

120 120

no no

130 125

145 135

200 195

220 215

365 300

145 120 135 125 200 200 450 625 625 735

145 145 130 160 185 190 425 650 700 750

1,475 1 1,450 1

SMALL SIZE NATIONAL BANK NOTES iy Ty. iy iy Ty Ty Ty. TVTy. Ty.

1 2 1 2 1 2 1 2 1 2

IS 15 no 110 120 $20 $50 $50 $100 $100

35 37 175 275 340 400

35 35 35 35 40 42 190

38 38 37 37 38 45 190

300 375 440

285 355 410

43 43 42 42 42 50 210 315 390 450

45 48 42 45 53 55 230 310 365 420

50 55 46 50 58 65 250 340 405 460

68 75 70 70 80 85 340 400 375 440

75 85 80 80 90 95 370 430 415 480

82 95 95 95 100 no 350 425 440 525

90 105 105 105 no 120 385 465 480 575

120 100 115 105 175 170 365 500 500 600

130 no 125 115 180 180 410 575 575 675

130 no 125 115 190 190 400 550 550 650

-

-

1,500

1,650

IV IV IV

NNN

IV IV IV

IV IV IV

205 215 220 520 690

475 500 550 1,100 1,550

525 550 600 1,200 1,700

115 115 145 330 425 3,500 5,500 155K 345K 38 52 53 125 260 2,100 4,050 135K 115K 22 40 38 125 165

160 175 250 525 800 8,000 15,500 185K

175 195 275 575 900 8,800 17,000 200K

IV IV IV

IV IV IV

65 80 120 210 390 4,000 5,250 160K 150K 40 75 73 160 275

75 90 135 230 430 4,400 5,750 175K 165K 45 85 80 175 300

125 900 700 1,000 2,600 1,750

135 1,000 775 1,100 2,850 1,900

365 2,500 2,400 2,500 5,750 4,550

400 2,750 2,650 2,750 6,250 5,000

120 135 180 190 200 235 18,000 20,000

145 235 210 365 255 475 22,000 25,000

255 400 520 27,500

925 1,600 1,425 37,500

1,025 1,750 1,575 42,500

465 600 500 725 2,300 3,050 5,350 6,750 31,000 40.000 44,000 50,000

650 1,000 800 1,300 3,350 4,500 7,550 18,500 1 s 1 II II < 70,000 55,000 75,000

3.000 1,100 4,450 1,450 5,000 11,500 20,500 75,000 80,000 150K 85,000 150K

3.300 4.850 12,500 85.000 165K 165K

SMALL SIZE FEDERAL RESERVE BANK NOTES 1929 1929 1929 1929 1929

$5 $10 $20 $50 $100

FR FR FR FR FR

1850 1860 1870 1880 1890

1928 1928 1928 1928 1928 1928 1928 1928 1928 1934 1934 1934 1934 1934 1934 1934 1934 1934 1950 1950 1950 1950 1950

$5 $10 $20 $50 $100 $500 $1,000 $5,000 $10,000 $5 $10 $20 $50 $100 $500 $1,000 $5,000 $10,000 $5 $10 $20 $50 $100

FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR

1950 2000 2050 2100 2150 2200 2210 2220 2230 1955 2004 2054

42 25 28 77 120

38 23 25 70 110

40 24 33 75 120

44 26 36 82 130

43 26 38 80 125

47 28 42 88 135

45 30 43 85 165

50 33 47 93 180

48 45 53 105 185

52 50 58 115 200

68 70 85 155 195

82 88 90 160 200

75 77 93 170 215

90 95 100 175 220

95 115 115 185 225

SMALL SIZE FEDERAL RESERVE NOTES

2102 2152 2201 2211 2221 2231 1961 2010 2059 2107 2157

35.00 40.00 39.00 22.00 24.00 23.00 24.00 26.00 27.00 75.00 75.00 68.00 110 120 125 675 ♦ 750 750 + 1,450 ■f 1,600 1,700 + 20,000 22,000 28,000 35,000 40,000 40,000 10.00 11.00 10.15 13.00 14.00 13.10 21.50 22.50 21.75 55 60 56 105 112 106 700 + 775 750 1,300 + 1,425 1,550 + 20,000 22,000 27,500 32,500 35,000 37,500 A, IV NA.N NNN 11.50 12.50 11.75 -V IV -V NNN IV N N "INN *v iv «v NNN *V *V "»

"INN

NNN

43.00 41.00 45.00 48.00 53.00 52.00 25.00 26.00 28.00 30.00 33.00 33.00 30.00 29.00 32.00 30.00 33.00 35.00 85.00 80.00 90.00 95.00 105.00 115 135 135 145 155 145 155 825 1,000 ♦ 1,100 1,200 1,350 1,500 1,875 2,000 ■f 2,200 2,400 + 2,650 2,900 37,500 45,000 55,000 51,000 61,000 56,000 44,000 60,000 70,000 80,000 90,000 100K 10.25 11.25 11.15 10.35 11.35 10.50 14.20 14.30 13.50 14.10 13.30 13.20 22.75 21.85 23.00 22.00 24.00 23.00 64 66 64 61 58 60 115 110 118 112 113 108 900 ♦ 825 800 ■f 875 1,000 1,100 1,700 1,800 ■f 2.000 1,900 ♦ 2,100 2,250 37,500 40,000 50,000 50,000 60,000 55,000 42,000 42,500 47,000 47,500 52,500 50,000 * NNN NNN IV »v »v IV *V IV 5.75 12.00 13.00 13.25 12.50 12.75 12.25 NNN NNN NNN IV IV IV IV IV *v 22.00 NNN IV IV IV IV IV IV IV IV IV IV IV IV 55.00 NNN IVI l\l *v IV IV IV •V *V »V N""V no

+

■f +

WORLD WAR 1 1 EMERGENCY ISSUES HAWAII 1935 A $1 1934 $5 1934 A $5 1934 A $10 1934 $20 1934 A $20 NORTH AFRICA (YELLOW SEAL) 1935 A $1 1934 A $5 1934 A $10 1934 $10

50 55 50

33 60 65 55 60 55

33 60 65 55 63 55

36 65 72 60 70 60

38 80 80 65 85 60

42 90 90 72 95 65

2306 2307 2309 2308

31 32 32 900

34 35 35 1,000

50 44 42 1,775

54 48 46 1,950

52 50 46 2,950

57 55 50 3,250

2400 2402 2404 2405 2407 2408

70 80 185 300 2,250 4.750

77 88 205 330 J 4 5.) 5,250

FR FR FR FR FR FR

2300 2301 2302 2303 2304 2305

30 55 60

FR FR FR FR

FR FR FR FR FR FR

40 120 115 125 140 92 55 62 65 6,000

44 130 125 135 155 100

48 205 200 200 425 165

53 225 220 220 465 180

60 68 70 6,500

63 90 no 8,000

70 100 120 8,800

85 330 300 310 900 450 75 150 150 10,000

95 360 330 345 1,000 490

90 375 375 400 1,100 575

82 165 165 11,000

no 165 180 16,500

-

100 405 405 435 1,200 635

95 475 400 420 _ 1,350 685

105 525 440 460 1,500 750

SMALL SIZE GOLD CERTIFICATES 1928 1928 1928 1928 1928 1928

$10 $20 $50 $100 $ 500 $1,000

85 85 205 375 5,600 7,400

95 95 225 410 6.100 8,100

90 100 275 525 9,000 12,000

100 110 300 575 10,000 13,000

180 200 800 1,400 17,000 18,500

200 275 220 260 875 1,125 1,525 1,950 18,500 19,000 20,500 25,500

305 310 285 390 1,225 1,500 2,150 2,800 21,000 23,500 28,000 30,000

340 425 430 450 1,650 2,100 3,100 4,750 25,500 27,500 33,000 40,000

UNCUT SHEETS OF SMALL SIZE CURRENCY SERIES DENOMINATION U.f NOTES (LEGAL TENDER) 1928 SI ! 1!H $2 1*28 $5 1953 12 1 *53 $5 SILVER CERTIFICATES 1928 11 1 *U II 1*14 $5 • U $10 • 'll 1995 it 19*9 14 «rw 6 (MERQCMCV ISSUES l 115 HAWAII t 1 } H6 '1 APRH A II NATIONAL CURRENCY 1929 110 i • .* » t

Number of FRIEDBERG NUMBERS Notes in sheet FR FR FR FR FR

SM 1501-1508 1525-1 S31 i "i i'i 1532

CU 60 BID

CH CU 63 ASK J3JD

VCH CU 64 ASK

BID

ASK

BID

GEM CU 65 ASK

BID

SUP CU 67 ASK |

12 12 12 18 18

8,000 725 900 675 1,000

10,000 800 1,100 750 1,150

15,000 1,050 1,100 850 1,300

18,000 1,150 1,300 950 1,450

17,000 1,400 1,450 1,250 1,650

20,000 1,550 1,600 1,375 1,850

20,000 2,100 2,400 1,850 2,700

23,500 2,300 2,650 2,050 3,000

IV IV IV 2,700 3,700 2,600 3,900

NNN

1,500 2,100 785 2,600 625 700 900 3,000

1,700 2,300 860 2,900 700 775 1,000 3,300

2,100 3,000 1,250 3,800 850 1,000 1,350 4,200

2,350 3,300 1,375 4,200 950 1,100 1,500 4,600

2,350 3,400 1,500 4,500 1,075 1,300 1,550 5,200

2,550 3,750 1,650 4 950 1,175 1.450 1 750 5,700

2,650 4,800 1,950 6,000

3.000 5,300 2,150 6,600

IV ** m IV IV * 3,000

NNN

1,350 1,700 2,650 6,500

5,500 8,800

6,500 9,350

7,200 10 350

625

600 650 700 3,500

650 700

FR FR FR FR FR PR PR FR

1600-1605 1606 1650-1654

1613-1614 1*55 1706

12 12 12 12 12 18 18 18

PR PR

2300 2306

12 12

3,200 5,250

3,500 5,750

5,000 H ooo

PR PR PR PR

1800 1801

6 6

500 550 625 3,000 1 400

560 610 675

575 625 675 3 300

HI

3,700

www.cdnpublications.com

_

3,000 4.100 2.850 4,300

NNN

10.000

3.300 11,000

1,500 1.850 2.9(H) 7,200

i *50 2.300 IV IV IV

v v v

NNN

<V N» N»

11 000 18.5(H)

12,000 20,500

15,000 « «* >V

16 750

650 675 750 4,000

700 725

IV •* N»

VVV

8.! 4

NNN

4 300

VVV

2 1* 2.550

NNN

V V V


JANUARY 2011

the CURRENCY DEALER NEWSLETTER

MILITARY PAYMENT CERTIFICATES ISERIES

VG 8 “1 1 DENOMINATION 1 BID ASK

FINE 12 BID

j

ASK

V F 20 BID

XF 40

ASK

BID

All 50

ASK

BID

CU 60

ASK

BID

CH CU 63 1 GEM CU 65 1

ASK BID

PAGE 7

REPLACEMENT MILITARY PAYMENT CERTIFICATES ASK

BID

VG 8

FINE 12

1

BID

ASK

70 75 130

no 100 800

125 no

140 150

950

215 200

425

500

1,300 550

160 700 525

180 775

300 800

625

600

VF 20

1

ASK

BID

ASK

BID

XF 40

ASK

BID

AU 50

CHCU63l(5EM CU 65 1

CU60I

ASK

BID

ARK

675 700 2,900 A, A,

750 775 3,200

BID

ARK

BID

ARK

BID

ASK

- ft, a,

A, A, ft, A, A, A, A, A, A,

I Series 461 5c

I Issued I 9/16/46

lCc 25c

I through

2.50

6.00

2.50 7.00

3.00 3.00

3.45 3.45

5.50 4.50

6.00 5.50

9.00

10.00 11.00

11.00

12.00

12.00 6.00

14.00

5.00

50c

8.25

9.25

$1.00 $5.00

3.00 17.50

4.00 20.00

$ 10.00 |

17.50

20.00

19.00 19.00

21.00 21.00

3.75 4.75

I 3/10/47

I

2.00 2.00

10.00 4.50

11.00

12.00 10.00

20

22

9.00 22.00 23.00

23

25

24.00 25.00

36 50 42

90 100

130

80

90

185 155

205 175

55 50

60

12.00

13.00

25.00 22.00

7.00 27.00 24.00

33 46 38

50.00

55.00

75

85

35.00

42.00

70

77

7.00

8.00

17

5.50 16.00

6.50 18.00 21.00 23.00

11 60

19 12

27 26

70

70

30 28 80

100 88

100

40 45

45 50 100

50 50

60

100 140 100 215

115 155 no

200

60

235 220

60 65 120 195 180 300 280

345 320

155

190

165 1,500

210 1,900 800

650 340 885 725

ft, A, ft,

210 230

375 400 2,200 a, a, a,

U A, A,

A, A, A,

AJ A,

425 900

2,100 900 475 1,000

450 475 2,400 A, A, a.

725 ft,», a,

875 A, A, A,

1,400 ft, a,

1,600 ft, ft. A,

ft. A, A, a.

A, A, ft, A, ft. A,

V ft, ft, „ A, A,

725

900

1,500

1,650

* A, ",

ft, ft, ft,

-ft, ft.

ft, ft, ft,

M ft, ft,

ft, ft, ft, ft,

1,800

3,200 5,900 A, ft, ft.

3,500

A, ft, ft, ft,

ft, ft. ft, ft,

ft, ft, ft,

6,500 A, a, a. ft, A/ft.

A, ft, ft, A, ft, ft.

ft, ft, ft, A, ft, ft,

ft, ft, ft,

ft, ft, A, A, A, a.

V ft, ft, N, ft, ft,

ft, ft, ft, ft, ft, ft,

ft, ft, ft, ft, ft, A, ft, ft, ft,

510

700

850 950 ft, A, ft, ft, ft, ft, ft, ft, ft, ft, ft, A, ft, ft, ft,

775

850

810

885

900

1,000 A, A, A, ft, ft, ft, ft, ft, ft, ft, ft,

X, ft, ft. X, ft, ft, V ft, ft, V A, A, —

A, A, A A, ft, A.

A. ft, ft.

A, A, A,

ft, ft, ft, A. ft, ft, ft, ft, ft,

ft, A, ft, A, A,

Series 471 Issued 3/10/47 through

5c 10c

2.75 2.50

3.25

3.25

3.00

25c

7.00

9.00

4.25 9.00

3/22/48

50c

9.00

12.00

11.00

11.00 13.00

$1.00

9.50 350

11.00

11.00

13.00

$5.00

385

425

20.00 800

(10.00

110

130

385 130

150

200

19.00

880

90 80 1,650

220

350

1,800 385

135 2,400 375

150 170

110 150

190 2,650 4,750 410 650

55 165 185

60 60

66 65 185

210 5,250

165 190 230 5,250

255 5,750

700

750

850

210

73 85

80 93

225 285

250 315

1,300 A, ft, A,

450 575

500

525

625

650

575 725

1,450 1,500 a, a, a, V ft, ft,

1,700 n, A, A,

650 1,000 2,200 a. A, A,

725 1,100 2,400 ft, A, A,

A, A, A,

3,200 a, A, A, A, A, A, A, A, A,

9,500

A,«, A,

A, A,

A, ft, ft.

240 270 ^ ft, ft,

375 395 A, A, A, A, A, A,

430 475 A,A, A, A, A,

750 A, A, A, ^ A,

900 A, «, A, A,

470 450 a, A, ~ ft, ft. A, ft, ft, ft.

550 800 ~ a, ft. A, ft, ft, n, a, a, A, ft, ft. a, a, a. A, ft, ft.

ft, ft, ft, ft, ft, ft,

a, a, a, ft, ft, ft. — ft, ft, ft,

350 300

425 360

600 550

440 a,

485 A, A, A,

725 a, a, a.

1,100 a, A, A. ^

A, a, A, a, «, a.

865 900 ~ A, ~ a, a, a, ft, ft, ft, a, a, a, ft, ft, ft, a, a, a.

ft/ ft/ ft/

1,300

330

365

9,000 1,950

10,000 2,150

600 ft/ ft) ft/

725 A, A, A,

700 ft/ ft,

850 A, a, A,

1,050 ft, ft, ft,

1,150 ft, ft, ft.

5,000

5,750 6,000

7,000

8,500

95

105 160 120 165 ft, a, a, A/ ft, ft,

175 185 A, ft, ft,

210

100 /v ft/ a/

235 ^ ft, ft,

\l

1,600 2,900 a, ft, A, ft,

ft, ft, ft. A, ft, ft.

ft, ft, ft, ft, ft, ft, ft, ft, ft,

A, ft, ft, ft, ft, ft, ft, ft, ft,

ft, ft, ft, ft, ft, ft.

ft. A, A, A, ft. A, A, A, A, A

1 Series 472 1.00 + 1.25

1.25

1.10 +

1.35

1.50

1.65

1.85

1.75 3.25

2.25 3.75

2.25

4.50

$5.00

4.00 75

4.00 6.50

85

$10.00

20

22

Issued 3/22/48 through

5C 10c 25c

6/20/51

50c $1.00

8

Series 481 Issued

5c 10c

6/20/51 through

25c

5/25/54

50 c

I

1.00 +

1.50

1.35

1.60 9.00

5.50 34

38

16.50 32.00

39 43

43 48

100 115

110 130

45 115

9.00 50 125

14.00 64

2.75 5.00

8.00 15.00 28.00

2.25 14

8.00

3.40 8.50 13.00

2.00 12

6.25

3.00 7.50 11.00

215

15.50 70 235

140

155

235

260

2,200

2,450 3,500

3,850

4,800

7.50

14.00

33.00

37.00

95

105

160

15.50 175

260

280

65 650

75 725

155 1,700

170 1,850

210 1,900

350 2,250

385 2,450

320 ft. ft, ft/

360 375 ft, ft, ft, ft, ft, ft,

32

35

55

65

130

145

325

360

1,000

1,100

185 1,775 1,100

1,200

2,050

2,250

^ A* A*

ft, ft/ ft.

ft, ft, ft,

430 a, a, ^ —

535 ^ ^ A, —

5,300 650 a, a, », —

1.35 1.35

1.25

1.50

2.50

3.25

6.50

1.75 6.00

2.75 9.00

14.50 15.00

16.00 17.00 39

18.00 18.50

20.00 21.00 50

100 90 105

no 100

135 no

220 175

260 205

13.00

25.00

7.50 15 38

13.00 14.50

11.00

4.00 11.00 30.00

7.50 8.50 17

15.00

1.35 5.00

115 1,500 ft/ ft, ft,

125 ft, a, ft.

260 ft, ft, a.

285 A, ft, A,

13.50 90

15.50 100

36.00 250

41.00

80

275

450

55

145

160

435

775 «, A, a, a, A.

750 a, A, ft, ^^

875 «, A, ^

50

675 650 A, ^ «/ a, A, a. ^ A, ^ a, a, a,

^ ft, ft,

900 A, A, A, ^ A,

4.00 4.00

5.00

9.00 10.00

185 175

305

5.00 14.00

335 330

475 665

525 735

440

600

660

475 650 A,«,«/ a, ^

675 ^ ^ A, A, A,

750 a, /v «, ^ ^ A, A, ^ a.

135 115

190 200

1.25

1.10 +

1.00 + 1.25 1.50 2.00 3.75 3.25

1.10 + 2.50 5.00

3.00 6.00 8.50

1.20 +

$1.00

5.00

6.00

$5.00

50

7.50 75

$10.00

45 20

23

31

85 34

5c

1.25

1.65

2.00

2.50

1.25

1.50 1.50

1.40

10c

1.35

1.60

1.75

2.00

1.75

2.00 5.00

2.50 4.50

3.00

3.50 5.50

5.00

5.50 10.00

7.00 225

8.00

180

6.00 200

45

55

58

16.50 35

45

32 100

90

175

195

550 1,000 480 900

1,200 1,000

110

35 125

135

45 215

235

90 80 95

375 2,400

1,350 550 A. A, A,

1,900

ft, A/ ft/

205 1,300 1,200

225

325

1,450 1,350

2,200 1,750

20 21

23 23

25

27

130

30

33 95 400

115 205

225

155 300

310 350 A, A, a, a. A, a.

340 380 a/ a, ^ A, a, a, a, ~

375 400 A, A, ~

725 675

750 700

825 1,000 n,ft, ft,ft, », ft, ft, ft, a,

925 1,100 ^ A, ~ ^ a. ^ a, ft, ^ ^^

900 ~

850 1,100 A, a. ft, ft, A,

ft,«, a, a, ~

ft, ft, ft, A, a, «,

ft, ft, ft, ft, ft, ft.

«, A, ft, ^^

ft, ft, ft. a, a, a, a, ~ 1,450

ft, ft, ft, ft, ft, ft.

a, ft, ft,

1,550 3,000 1,550 a, «, ft, a, a, «, a, a, a, a, «, a, a, a,

3,300 ^~~ ^^

ft, ft, A, ft, ft, A, ft, ft, A, ft, ft, ft, ft, ft, A, ft, ft, A,

975

1,075

2,050 A, A, a, n,A, ft. A, ft,

2,250 A, A. ft. A, A, ft/ A, A, A,

ft, ft, ft, ft, ft, ft,

A, A, A, A, ft, ft.

ft, ft, ft, ft, ft, ft,

A, ft. A, ft, A, A,

A, ft, ft,

ft, A, ft. A, A, ft,

ft, ft, ft. ft, ft, ft, ft, ft, ft. ft, ft, ft,

A- A, ~ A, A, ft, A, A, ft,

Series 521 Issued 5/25/54 through

25c 50c

5/27/58

$1.00 $5.00 1

$10.00

6.00

13.00

9.00

11.00 10.00

22.50 16.00

250

350

385

65

100

25.00

19 40 42

550

18.00 600

1,050

110

240

260

440

1.50 3.50

2.00

2.50

6.00

7.00

2.40 7.00

18

20 21

21

19 40

45

50

58

85

45 47

125 85

140

160

350

95

1,150 2,800 480 1,000

3,100 1,100

110 3,500 1,650

180 120 3,850

5.50 19

5.50 18

6.00 20

11.00 11.00

1,800

145 130

165

330

300 400

415

425

440 A, A, A,

575

190 4,100 2,200

210 4,500

8.50

9.50

65

75

100

no

120

27

30 42

55

65

80 180

90

100

2,400

A, a, a,

ft, ^

a.

1,400 1,400 a, a, /v a, />,«, a, a, ~

a. a, A, a, a, a,

ft, ^ ~ ^~

«,«,«, ^ ^ a,

ft, ft, ft. ft, ft, A, ft, ft, A, ft, ft, ft,

ft, ft, ft. ft, ft, ft. ft, ft, ft,

A, A, ft. A, A, A, ft. A, A,

ft, ft, ft,

A, A, ft,

ft, ft, ft, A, ft, A, ft, ft, ft,

ft, ft, ft, ft, ft, ft. A, ft, ft,

A* A* ^ A, A, ft. ft. A, ft,

350 ft,

385 ^

550 a, a, a.

A,

A, ft, ft,

ft, ft, A,

A, A, ft.

375 ^ ^ A,

675 A, ft, ft, A, ft, ft,

775 ft. A, A, A, A, ft

A, ft, ft,

A, A, ft,

ft, ft, ft,

A, A, A,

ft, ft, ft,

A, A, A,

ft, ft.

A, ft, ft ft, ft, ft ft ft ft

^ a, A, ^^^ a, ^ ^ ~ ft,

Series 541 5c

Issued

10c

1.00 + 1.00 +

1.25

1.10 +

1.35

1.25 f

1.25

1.10 + 2.00 2.50

1.35

3.00

5/27/58 through

25c

1.50

1.75

5/26/61

50c

1.75

2.00

2.25 3.50

6.00 20.00

7.00 22.00

15.00 30.00

8.50 1.000

19.00

22.00

45.00

660

7.50 900

1,500

1,700

145

135

155

150

170

2,300 440

1.25

1.25

5.00 4.00

8.00

2.00

1.50 2.50

4.00

1.50 9.00

$1.00

6.50

7.00

$5.00 $10.00

600 125

2.80

5.00

8.00

17

16.50

17

19

33.00 50.00

35

38 80

33

30 125

135

31 150

34 170

38 290

275 3,200 5,000

300

300

2,550

70 2,900

330 480 7,000 12,000 4,000 4,800

5,500

6,000

485

1,100

1,200

1,950

2,150

3,500

10.00 10.00

18 21

22

41 44

45

45

50

50

50 130

55 145

60 70 300

185

205

305

320 535 14,000 5,400

150 90

135 75 335 8,000 1,800

200 130

no

325 230

210

250 250

220 360

400

245

270 160 550 A, ^ ^

700 ft, ft, ft,

850 ft/ ft/ ft/

265 1,250 a, a, a,

255

275 275

600

290 300 1,400 a, a, a, A, a, a, «, a, «, ft, A, A, a, a, a,

350 ft, ft, ft,

340 «, ft, ft, a, ~ ^

425 ^^

440

410 9,000 ft, ft, ft, 2,000 3,900

450 A, A, A, 4,300

5,500

6,000

8,300

9,100

a, a, a,

120 90 A, a, A. ^ ^ ~

130 «, ft, ~

145 A, a, ^

165 A, A,

210 ^ «, A, a,

230 A, A, A,

290 ft, ft, ft. ft, ft, ft.

330 375 ft, ft, ft, a, a, a,

3,750

7,500 ^ a, A,

8,500 a, a, a, a, a, a, ^ a, a, a, a, «, a, ft, ft. A, a, a, a,

ft, ft, ft, ft, ft, ft,

Series 591 5c

Issued

10c

1.00 ♦ 1.25 +

10.00

12.00

3.50 14.00

15.00 15.00

17.00

21.00

10.00 415

12.00 455

19.00 575

105

115

1.20 +

5/26/61 through

25c

8.00

1/6/64

50c

13.00

$1.00

7.00

8.00

$5.00

360

390

$10.00

75

85

195 3,500

215

430

3,850

6,000

480 6,600

2,000

2,200

2,400

3,200

3,500

950

80 1,200

185

210

335

365

825

1.50

3.00

8.00

8.00

3.00

3.50 3.50

7.00

1.75

7.00

8.00

9.00

2.25

10.00 17.00

20.00 27.00

22.00

26 30

11.00 300

25

130

10.00 250

29 33 27

350

385

475

130

210

230

285

315

4.00

4.25

3.50

3.50

5.00 4.00

$5.00

3.00 66

76

80

90

$10.00

45

50

75

85

4.75 120 120

11.00 19.00 5.50

30.00

9.00 10.00

16

18

17

20 65

19

19 21

25 38

28

18 60

70

75

85

92

85

95 48

100 48

110 55

155 90

170

40

550

600

550

525 600

725

825

3.50 4.50

4.00 5.00

1.10 + 1.10 + 1.10 +

1.35

1.15+

1.40

1.20

3.50

1.15+

1.40 2.50

1.50

1.60 2.25

3.00

1.35 1.35

3.00

2.50

3.75

7.50

8.50

1.75 2.50

3.00 3.75

5.50 7.50

6.50 8.50

11.00

13.00

2.00

1.25 2.00

7.00 9.00

3.50 8.00

19.00

21.00

20.00

14.00

17.00

19.00

70

77

100

37

40

85

110 95

130

29.00

38.00 32.00

15.00 22.00 145

115

125

1.25

1.05 +

1.25

1.05 +

25c

1.00 + 1.25

1.05 +

50c

1.25 1.50

1.10

1.30 1.40

$1.00

1.00 + 1.00

1.50

$5.00

8.00

11.00

12.00

10/21/68

180 3,200

52.00

850

3.00

1.00 + 1.00 +

90 150 1,350 2,900 925 1,800

45.00

625

1.50

5c

85

1.30 1.30

2.00 2.50 3.25 34.00

330 335

130 150

45.00

1.00

10c

75

70 80

120 135

24.00 22.00

25c 50c

8/31/65 through

55

33.00 52.00

1.25 1.75

$1.00

50

30.00

1.00 + 1.25 1.50 1.00

4/28/69

24

16.00

5c 10c

1/6/64 through

8.00

1,025 1,300

80 A, ft, ft, ft, ft, /» 1,300 475 A, A, ft, ft/ ft, ft,

35 30

42

450 «, />/ /v

77

1,000

410

450

575

625 1.350

ft, ft. A, ft. A,

a, a, a. A, ft, ft, a, a, a, A, ft, A,

ft, ft. A, ft. A, A,

ft,

A, A. A,

ft, ft, ft, A. ft, ft.

a, a, a, A/ ft. A/ ft. A, A, A, ' ^ ■ V, ft, ft, ft, A. A. A. ft, ft, ft, A. ft, ft. ft, A, ft. A, ft, ft,

ft, ft, ft, A, A, ft,

300

330

450

95

375 120

425

85

135

230

500 255

a, a, a, a. a, A, «, A, a, A, ft, ft,

ft, ft, ^ a, «,

A, ft, ft.

«,«/«/

A,

ft, ft,

^ a, A,

A,

ft, ft, ft,

^^ «/ ^ A. «/ a, ^

A, ft, ft, ft, ft/ ft,

A,«, A, ^ a, A,

A, A,

80

80

85

85

95

14

20 80

21

no 32

120 36

6.00

11.00

5.25

5.75

10.50

1.45

2.50

3.00

4.00

11.00

12.00

12.50

13.50

1.90 1.45

2.00 2.00

2.50 2.50

4.00 3.50

5.00 11.00 5.50 11.00

12.00 12.00

12.50 14.00

13.50

2.00

2.00

5.00

6.00

5.50

6.50

13.00

14.00

330

365

450

500

800

140

155

210

230

675

1.40

1.25

+ 1.75

105

115

140

60

67

65

155 72

1.10 +

1.35

17.00 18.00

3,100

3,400

170 480

215 450

235

330

550

700

365 850

1,000

875

975 525

1,075

1,175

425

725

800

1,650 1,150

1,150

1,250

1,750

1,900

750

850

925

1,000

1,100

4.00

5.00

4.50

5.50

9.00

5.00

4.50

5.50

10.00

Series 68 5c

1.00 +

1.25

1.05 +

Issued 8/11/69

10c

1.00 +

1.25

1.05 +

through

25c

1.00 + 1.00 +

1.25

1.05 +

50c

10/7/70

$1.00 $5.00

no 120

130

165 180

195

200

240

275

325

215

225

265

300

360

150

240

250 230

300 280

350

400 425

a,

1.30 1.30

1.10 + 1.10 +

1.35 1.35

1.15 + 1.15 +

1.40

1.60

2.40

4.00

2.00

2.50

4.50

7.00

10.00

10.00

11.00

5.50

8.50

10.50

10.50

11.50

12.00 13.00

10c

through

25c

3/15/73

50c no

65

75

90

100

11.00

70

80

95

115

75 65

85

100

120

140

1.10 +

2.25

3.00

2.00

2.75

2.25

10.00

18.00

75

80

95

10.00

22

40

70

100

110

450

500

25.00

27.00

43.00

47.00

70

80

195

200

220

275

28.00

45.00

50.00

80

90

175

195

325

355

460

375 185

425 210

285

320

400

775 550

26.00

500

14.00

16.00

450

12.00

310 500

600 550

900

19.00

570 500

725

17.00

510 450

660 600

13.00

35 175

11.00 63

12.00

3.00

3.50 20

9.00

16.00

3.00 18.00

4.50

11.00

ft, ft, ft,

ft,

«, ft, ^

ft, ^ ft,

115

125

200

220 4

ft/ ft,

^ a, ft,

A, ft,

ft.

a, a, «,

~~~

~~~

~~~

~~~

~~~

A/

A/ ft.

a, A, A,

A.

1.35

^ cv

«, ft,

«, ft,«, ^

ft, ft, ^

■V -V cv

1.00 + 1.00 + 1.00 +

150

200 185 700

230 800

975 675

350

1,175 2,200 1,100 1,900 775 1,200

1,875

A, ft. A,

A, A, A, A, ft, ft,

A,

~~~

525

575

4,400 525

4,800 575

525

575

1,700 900

1,850 1,200 1,000

4,600

5,000

2,650 2,300 1,450

1 ft ft ft

^

420 410 1,150 2,200 1,850 4,000

13.00

1.75

n, iv m <v ft ft ^ ^ ^ rv ft, rv,

~^^ ^

^

ft, ft, ft, ft, ft, ft,

ft, ft, ft. ft, ft, A,

1.25 1.25 1.75

1.10 + 1.10 + 1.10

1.35

1.20 +

1.35 1.35

1.20 + 1.35

1.45 1.45 1.65

ft,«, ft, ft, <V ft,

«, ft, ft, ^ ft, ft,

n, ft, ft, ft,

ft,«, ^

ft,

ft, ft, ft,

^

7.00

8.00

35

45

45

50

65

72

95

105

125

14C

270

ft ft ~

6.00

300

5.50

6.75 16.00

8.00 17

9.00

40

50

70

95

100

no

180

300

135 260

15C 31C

290

80

95 250

105

300

350 360

29

95 85

115

125

145

210

230

335

385

48C

500

100

100

120

135

160

210

240

400 260

ft, ft, ft,

18

20

60C

16.00

19 32

75 160

85

11.00

6.00 14.00

60

ft, ft, ft,

5.25

30C

310

36C

ft, ft, ft,

1,250

1,400

A, ft/ ft.

a, a, a.

A/ ft/ ft/

ft/ ft. A,

200

240

285

410

450

650

725

850

95C

1,550

1,70(

40

45

45

50

65

75

325

450

500

475

310

450

355 490

500

550

900

525 1,000

3.50

10.00

45

50

80 195

35

55

58

65

95

105

35

40

45

50

75

85

220 110

100

270

465

300

525

500

950

1,050

375

425

600

660

ft, A, ft,

550

600

ft, ft, ft,

650

710

600

^ A, A,

ft, ft,

$1.00 /v

$5.00 —

ft, ft, ft, ft, ft, ft,

~ ~ ~

ft,

n,», ft,

ft, ft,

n,ft,

ft, ft,

a,

n,

ft,

PJ AT Af

, A.

5.00

120

3.00

A, A/ A.

4.50 10.00

110 280

2.75

2.25

A, a, a,

4.00

11.00 90

1.90

1.85

ft, ft.

A. ft, ft,

185

14.00

1.50

a.

185

7.75 14.00

1.75

^ ^

170

6.75 12.00

1.75

A, ft, A,

AJ

M n,

ft, ft,»,

4.00

1.75 33

225

2.25

1.50 30

1,050

2.00 4.75

1.25

45

950 205

~~~

205

1.60 2.60

1.60

1.30 + 3.00

$5.00

850

925

2.75 3.00 5.50

1.30 +

1.90

$10.00 $20 00

$20.00

10.00

1.30

40

$10.00

900 480

1.25 2.00

Series 701 Unissued

395

800

1.05 +

1.25

Series 692 10/7/70

360

1.10 + 1.50 2.00 I. 25

$5.00

5c

310

375

125 125

$1.00

Issued

400

750

375 850

250

14.00 20.00

II. 00 10.00 $20.00 —

$10.00 $20 no

165 160 1,700 2,400 150 100

300 225

A,

3.50 4.50

$10.00

1 Unissued

1.30

85 325

900

A* A. A,

2,700

1,500

25.00

1,100

525

20.00

16.00

440

140

24.00 27.00

22.00

ft, ft,

400

185

675

19.00

15.50 18.00

460

650

360

575

140

5.50

4.25

440 500

550 385

550

350

145

4.50

400

490

350

12.00 11.50

A/

A,

Series 66 3.75

400

470

320 400

165

4.00

350

420

180 225

150

2.25

260

185

140

2.00

7,500

190

165

125

1.50

6,500

170

160

115

1.65

4,500 2,550

170

105

1.60

1,300 2,300

ft, ft. A, ft, ft.

90

70

1.60

540

12,500

82

60

1.30 + 1.30 +

490

6,600 11,000

78

53.00

1.45 1.45

490

ft, ft, ft,

6,000

65

46.00

1.20 + 1.20 +

450

A, A, A,

5.000

53.00

29.00

40.00 32.00

47.00

28.00

1.35

460 2,650

ft, ft, ft/

2,400 4,500

35.00

24.00 25.00

1.35

450

«, A,«,

2,200

28.00 28.00

1.10 +

400

", ft>

«, A, A, a, ^

ft, ft/

ft ft ft

425 ft, ft, A,

a, A, A,

ft, ft, ft,

23 85

ft ft ft A, ft ft

385 ft, ft.

ft, ft/ ft.

18 72

A, ft. ft, ft, ft, ft,

ft ft ft

A, A. A,

75 11 60

A, A, A,

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JANUARY 2011 INTRODUCING

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JANUARY 2011

WANTED

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JANUARY 2011

I.YN KNIGHT CURRENCY AUCTIONS Your Source fur L otted States and W orld Paper Money LYN KNIGHT CURRENCY AUCTIONS is long known for its outstanding United States paper money events. Plan now on attending or consigning to one of our upcoming sales.

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*

Contact Peter Treglia at PeterT ©SpectrumCurrency.com or call Toll-Free 888.828.2646

#B04 •!».(). Box 18523 • Irvine,CA M2623


the CURRENCY DEALER newsletter

the Greensheet - a monthly report on the Currency Market published by the Coin Dealer Newsletter (est. 1963) Vol. XXXII

No. 2

FEBRUARY 2011

Single copy price: $5.00

FUN AUCTION ENJOYS HIGH SELL-THROUGH RATE MARKET CONTINUES SLOW PRICE RECOVERY

ACTIVITY . . .across the market by Kevin Foley The Heritage currency auction held in conjunction with the recent Florida United Numismatists Convention aggregated four sessions in excess of 3,000 lots, with a total prices realized (including the 15% buyers' fee) of over $7.8 million. Most noteworthy was the sell-through rate achieved by the follow¬ ing offerings: Colonials, 83%; Fractionals, 97%; Obsoletes, 90%; Postal Notes, 97%; Errors, 87%; Small Size Type, 98%; Large Size Type, 98% and Nationals, 93%. These rates of material actually selling, as opposed to being "bought back" by the consignor when an item failed to reach an undisclosed reserve, demonstrates that there is an increasing agreement between auction sellers and auction buyers as to just what the appropriate price level is for a broad range of material. Several years ago, when virtually everyone - myself included - regarded the market as stronger than at present, sell-through rates were typically low¬ er, as consignors set higher and higher reserves designed to force ever-higher prices. Attendant on this practice was an increasing expectation on the part of sellers that reserves should be without consequence, i.e. that there should be no buy-back fee at all in the event a reserve prevented an item from selling. Ultimately, the proliferation of such a practice undermines the fundamental integrity of the auction process by forcing potential buyers to Bid, not against a real competitive other potential buyer, but against a phantom allowed to set an artificial price that may bear no reasonable relationship to what any real buyer is actually willing to pay. To the extent that this practice of free buy¬ backs becomes the norm, it could be destructive to the confidence of Bidders that they are participating in a marketplace with an underpinning of reality and integrity. As prices softened after the market break of now two-plus years ago, auc¬ tion companies have increasingly offered to share what has now become an increasingly large portion of the 15% buyers' fee with the consignor in return for a consignment made without reserve. (The economics for the auction com¬ pany being that a completed sale with at least some commission is preferable to an uncompleted sale with no commission at all.) The rising percentage of consignments being made today on an unre¬ served basis is restorative of the public's perception of the basic credibility of the auction process, something that free buy- backs have, and will continue to have, a very real tendency to undermine. One is reminded here of the wisdom imparted by the fable of the goose that laid the golden egg and the conse¬ quences of excessive greed.

LARGE SIZE TYPE NOTES Prices in the FUN auction were largely a repeat of recent trends. CDN Bid levels were generally the floor under which most items typically did not fall. In the Heritage sale, virtually everything was third-party certified. Within the Uncirculated category, with its 11 different numerical markers, an examination of the prices realized, while indicating that prices for like certi¬ fied items typically cluster together within a range of plus or minus 15% or so, there can be some notable exceptions. This indicates that buyers discern deviations from pure grading consistency significant enough to merit paying higher or lower prices for items bearing the same grade description, despite the sometimes pontifical assumption of grading infallibility projected by the

|

The

third-party certification firms. Although the overall sell-through rate here, 98%, was exceptionally strong, the marquee Note in the section, a Fr. 1175 $20 1882 Gold Certificate, estimated at $400,000-$500,000, failed to sell, consistent with recent tepidness at the very upper end of the market.

SMALL SIZE TYPE NOTES Recent patterns and price levels continue in effect here. It should also be noted the most expensive items offered in this section, $5,000 and $10,000 Federal Reserve Notes, did, in fact, sell, and did so if not within the range of their estimates, at levels only slightly below. Demonstrating that rarity within an overall design type, regardless of grade, can command an impres¬ sive price, was Lot 16335, a Fr. 2220-K $5,000 1928 FRN on Dallas. Bearing a PCGS Apparent Fine 15 designation, and certainly not a particularly attrac¬ tive Note, it sold for $71,875 just below the $80,000 low end estimate.

FRACTIONAL CURRENCY Although Fractional Currency continues to be well undervalued relative to items of comparable scarcity and condition in both the Large and Small Size Type specialties, there clearly is money willing to chase rarity in this field. A green background shield, one of only a dozen believed by the cataloger to exist, sold for $20,700, almost exactly its estimate. An uncut sheet of the Fr. 1310 50 Cent First Issue Perforate Notes in PMG About Uncirculated 53, sold for $10,925. While well below its $15,000 estimate, it is nonetheless a result demonstrating that scarce to rare items here can sell for impressive prices.

NATIONAL BANK NOTES Most worthy of comment here is the impressive 93% sell-through rate achieved in a specialty where only a handful of buyers might even potential¬ ly be seeking any given Note, in contrast to the much broader demand that exists for Large and Small Size Type. Among the items for which the auction company can claim bragging rights was Lot 18149, an uncut sheet consisting of $50 and $100 Lynchburg, Virginia 1882 Brown Backs. Certified as PMG 53, the pair was estimated at $40,000-$60,000 and sold within the estimate range at $40,250. The excitement of the cataloger in being able to handle such a rarity was evident. The population of potential buyers obviously shared his enthusiasm. While the percentage of $10,000+ results in this area was far lower than three to five years ago by the same firm, the 93% sell-through rate is really quite remarkable when one bears in mind the extremely focused geographical specialization that characterizes National Bank Note collecting.

MISCELLANEOUS Attracting particular notice at FUN was the Heritage offering of the Ni¬ cholas J. Bruyer Postal Note Collection. Once a backwater specialty with most items selling for type prices in the $200-$500 range regardless of place of issue, this will likely be the most impressive offering of such material for several generations of collectors, and may be the defining auction catalog for such Notes. Once again, when a large holding of scarce to rare items comes on the market at the same time, they create enough buyer excitement to ex¬ pand demand - and prices - beyond what prevailed prior to the immediate offering. Prices tended to suggest demand levels are based on geographic origin. Territorial Notes especially breaking out of historical price levels. Most remarkable, however, was the 97% sell-through rate for numismatic ephemera offered so seldom that there has been limited opportunity for the past development of a collector base.

Guest commentary provided by Kevin Foley, PO. Box 573, Milwaukee, WI 53201, kfoley2@wi.rr.com, Phone (414) 421-3484

Greensheet reports the national currency market on a monthly basis.


corvKK.m _•,)»! DBA

the CURRENCY DEALER

the Greemheet* tie\\>sle t ter Reprint ol any part of any issue without permission is expressly forbidden by law. tXfCUTIVI DIREC IOR MARKET ANALYST

Pauline Miladin Stuart Segan

PUBLISHER & EDITOR CIRCULATION &

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Name Address City, State & Zip Company & Phone

The Dunbar National Bank and lls Namesake - Paul Laurence Dunbar

of Uncirculated, have fairly recent auction records in a typical range of $1,000-$1,500. Virtually all the known auction offerings are high grade and bear serial numbers lower than 100. Heritage sold a 1902 $10 graded

During the National Bank Note Era, lasting from 1863-1935, in excess of 14,000 financial institutions gained federal charters and over 12,000 of these actually exercised the privilege that came with that charter to issue National Bank Notes, i.e. legal tender United States currency bearing the

auction for $1,495. The same firm placed a Choice CU Serial #14 $5 1902 at its 2007 Long Beach auction for $1,610 and a Serial #17 Choice CU 1902

name of the bank and backed by the security of interest bearing bonds of the United States government or other securities left on deposit with the Treasurer of the United States.

Ohio in 1872 and was a classmate of Orville Wright at Dayton's Central

Some banks issued in great abundance, and their Notes command a present day collector value of little more than face value. Others, especially those in smaller towns or rural areas, and less generously capitalized than their big city cousins, issued Notes in much smaller quantities. As might be expected, their issues, being scarce, necessarily

literature. His first published poetry appeared in a newspaper published by Wilbur and Orville Wright, owners of a printing press, whose shop

command considerably more robust premiums. Yet of all this multiplicity of financial institutions, only two, the Douglass National Bank of Chicago and New York City's Dunbar

Black community. Dunbar published his first book of poetry. Oak arid Ivy, in 1892.

National Bank, were Black-owned and/or operated. The Dunbar National Bank, a one location institution, was organized in 1928 by John D. Rockefeller and situated in Harlem to serve the growing financial and commercial needs of the Black community there. Its initial capitalization was $500,000, quite modest by big city National Bank standards. Among those on the Board of Directors was Roscoe Conkling Bruce, Jr., the son of former United States Senator from Louisiana Roscoe Conkling Bruce, Sr. The younger Bruce was the grandson of Blanche K. Bruce, who served in the United States Senate for Mississippi from 18751881, and was the only former slave elected to that body. The elder Bruce also served as Register of the Treasury from 1881-1885 and again from 1897-1898. His engraved signature appears on the $1, $2 and $5 1896

PCGS 58 with Serial #7 at its 2008 CSNS auction for $1,150 and another of the same denomination in PCGS 64, with Serial #6 at its 2006 Long Beach

$5 at its 2008 Long Beach sale for $1,380. Paul Laurence Dunbar, namesake of the bank, was bom in Dayton, High School. His mother, Matilda, was bom a slave and worked as a washerwoman in Dayton, encouraging her son's interest in poetry and

was located within walking distance of Dunbar's Dayton home, and is open today to the public. Among Dunbar's later commercial ventures was the Dayton Tattler, a newspaper focused on the interests of Dayton's

Although a local literary success, Dunbar found it necessary to continue his work as an elevator operator, selling his book for $1 a copy to visitors to the Callahan Building, where he was employed. After moving from Dayton to Toledo, he followed this initial success with Majors and Mirrors, gaining the attention of William Dean Howells, a prominent novelist of the era who served as Editor of Harper's Weekly. Notice by Harper's Weekly was perhaps the 19th century equivalent of having an author prominently featured today on the Oprah Winfrey Show and Dunbar's fame in literary circles continued to grow, enhanced by a tour of England in 1897 to give poetry recitations. After returning from England, Dunbar married and worked briefly at the Library of Congress. Diagnosed with tuberculosis, a condition he believed to be exacerbated by the dusty work conditions at the library,

Silver Certificates, popularly known as the Educational Notes, as well as on other issues of United States Large Size Notes. The Dunbar National Bank was one of a number of Rockefeller undertakings focused on the needs of the Black community. Others included significant philanthropic grants to such historically Black

he left that position and devoted himself to his literary career. He wrote the lyrics for the first Broadway musical written and played by an all black cast. In Dahomey, which opened to critical acclaim in 1903.

colleges as Tuskegee, Hampton and Fisk Universities. Started relatively late during the Note issuing period, the Dunbar National Bank's issues were confined to 1902 Plain Backs and the 1929 Series, Types 1 and II. Fortunately for today's collectors. Notes

death took place well before the legal and social advances that were part of the mid 20th century civil rights movement, he served as a pioneer

from here were laid back in some quantity, with a fair number of uncut sheets in both Large and Small known, including quantities in Uncirculated condition, particularly low numbered Large Size, which

As his fame continued to grow, Paul Laurence Dunbar died on February 9,1906, at the age of 33, from tuberculosis. While his career and

and precursor of those developments and deserves to be more widely remembered today. His rather simple grave is located in Dayton's Woodland Cemetery, next to that of his sister and just a short walk from those of his lifelong friends, Wilbur and Orville Wright. If you take the time to visit, you'll see that someone still places flowers at his gravesite.

appear with some frequency at auction. Heritage, for example, sold the Serial #33 sheet, cataloged as Gem, at its Central States Numismatic Society Convention auction in 2005 for $7,130, while it placed the #30

Kevin Foley P.O. Box 573 • Milwaukee, W/ 53201 kfoley2@wi.rr.com • Phone (414) 421-3484

sheet, cataloged as Choice CU, in its 2007 FUN sale at $6,325. Singles of the $5 and $10 denomination in the 1902 Series, in various degrees

Superb Crisp Gem Crisp Very Choice Crisp Choice Crisp Crisp Almosl

GRADING

Sight-Seen wholesale prices are for accurately graded Notes

Uncirculated-67 Uncirculated-65 Uncirculated-64 Uncirculated-63 Uncirculated-60 Uncirculated-50 Extra Fine-40 Very Fine-20 Fine-12 Very C»ood-8

A nearly flawless Note with pedect centering. Full wide margins all around. Colors are totally bright, crisp and vibrant. Quality is outstanding. An almost perfect Note. Better than average margins. No aging or fading. A bright Note that's slightly below Gem quality. Margins and color are above average. A Note that may have slight centering problems. A nice new Note but not quite Gem. Centering may be a little off. May show some aging or light counting smudges or wrinkles. No trace of circulation. Can have centering problems, pin holes, counting smudges, wrinkles, close margins, or a corner tip fold (not into design). (Almost new) These will be much the same as a "new" Note except for a single fold or several corner folds. Circulated; may have some folds; still has some crispness. Some circulation; may show several folds and will have lost some of its crispness and color. Well-circulated with little crispness remaining; edges may be rough. Will be fairly well-soiled; may he significantly worn; might have roughness around the edges with only minute problems.

-

Certified or Raw.

Use of the Friedberg numbering system is by license granted by the Coin and Currency Institute, Inc. Publishers of Paper Money of the United States, P.O. Box 1057, Clifton, N.J. 07014


FEBRUARY 2011

the CURRENCY DEALER NEWSLETTER

I

PAGE 3

CONTINENTAL & COLONIAL CURRENCY SERIES DENOMINATION Continental Connecticut W/Hole Connecticut No Hole Delaware Georgia Maryland Massachusetts W/Hole Massachusetts No Hole New Hampshire W/Hole New Hampshire No Hole New Jersey New York North Carolina Pennsylvania Rhode Island South Carolina Vermont Virginia

FRIEDBERG VG 8 NUMBERS BID ASK

FINE 12 VF 20 XF 40 AU 50 CU 60 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK ASK BID ASK RID 63 70

CC CT CT DE GA MD MA MA NH NH NJ NY NC PA RI SC VT VA

1-102 1-240 1-240 1-92 1-131 1-138 1-289 1-289 1-185 1-185 1-218 1-237 1-215 1-272 1-301 1-192 1-8 1-225

50 37 55 60 280 45 33 95 185 650 60 60 65 48 53 95 6,750 85

FR FR FR

1-5 6-10 11-15

1,250 2,350

1,400 1,800 2,600 5,000 22.000 40,000

1862 $1 1862 $2 1862-3 $5 1862-3 $10 1862-3 $20 1862-3 $50 1862-3 $100 1869 $1 1869 $2 1869 $5 1869 $10 1869 $20 1869 $50 1869 $100 1874 $1 1874 $2 1874 $50 1875 $1 1875 $2 1875 $5 1875 $10 1875 $20 1875 $50 1875 $100 1878 $1 1878 $2 1878 $5 1878 $10 1878 $20 1878 $50 1878 $100 1880 $1 lg. seal; red nos. 1880 $1 lg. seal; blue nos. 1880 $1 sm. seal 1880 $2 lg. seal; red nos. 1880 $2 lg. seal; blue nos. 1880 $2 sm. seal 1880 $5 lg. seal; red nos. 1880 $5 lg. seal; blue nos. 1880 $5 sm. seal 1880 $10 lg. seal; red nos. 1880 $10 lg. seal; blue nos. 1880 10 sm. seal 1880 $20 lg. seal; blue nos. 1880 $20 sm. seal; blue nos. 1880 $20 sm. seal; red nos. 1880 $50 lg. seal 1880 $50 sm. seal 1880 $100 lg. seal 1880 $100 sm. seal 1901 $10 1907 $5 1917 $1 1917 $2 1923 $1 1923 $10

FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR

16-17 41 61-63 93-95 124-126 148-150 165-167 18 42 64 96 127 151 168 19 43 152 20-26 44-47 65-68 97-98 128 153 169-170 27 48-49 69 99 129 154 171 28-30 31-33 34-35 50-52 53-54 55-56 70-72 73-78 79-82 100-102 103-109 110-113 130-139 140-145 146-147 155-161 162-164 172-178 179-182 114-122 83-92 36-39 57-60 40 123

145 300 335 480 1.250

160 335 370 540 1.375 6,600 14,000 230 375 195 375 1,200 7,000 7,600 105 205 2,750 80 180 115 525 575 135K 6,000 90 160 115 340 515 2,700 4,600 100 330 95 100 675 100 105 97 90 235 240 230 300 250 205 1,800 1,700 4.300 3,500 440 70 42 48 82 525

1863-64 1863-64 1863-64 1863-64

FR FR FR FR

190 191 192 193

1,500 1,650 13.000 22,500

FR FR

196 197

2,200 5,000

57 42 65 70 315 50 36 105 200 700 67 67 75 53 58 105 7,500 95

43 70 70 340 55 35

110

205 775

68

80 85 51 55 135 8,500 115

48 80 80 375 60 38 120 225 850 74 88 95 56 60 155 9,500 125

90 46 84 85 360 70 43 130 230

1,000

85 105 95 55 62 185 13,500 125

100 50 93 95 400 80 47 145 250 1,100 95 115 105 60 70 205 15,000 135

105 50 120 115 650 95 56 170 275 1,350

100

135 145 78 70 250 19,000 180

115 56 130 130 700 105 61 190 300 1,500 110 150 160 84 80 275 21,000 200

140 57 140 140 925 155 63 210 315 1,775 130 165 185

100

80 275

155 65 150 155 1,000 170 68 230 350 1,950 140 180 200 110 88 300

295

320

210 80 180 180 1,850 260 80 260 575 2,400 160 205 230 130

100

355 -

230 88 200 200 2,050 285 88 285 625 2,650 175 225 250 140 110 385

275 90 260 230 2,500 305

100

310 635 190 320 240 165

110

385 -

305 100 285 255 2,750 340 110 345 700 210 350 260 180 120 415

IV IV IV

IV A! IV

600

315 120 300 275 2,750 340 125 400 1,050

345 130 330 300 3,000 375 135 440 1,150

230 340 255 205 165 410 -

250 375 280 225 180 450

750

825

420

460

550

33,000 43,000 35,000 44,000 135K 140K

48,000 49,000 155K

50,000 55,000 170K

55,000 65,000 60,000 70,000 190K 185K

1,800 3,500 1,925 4,750

2,100 5,300 2,600 7,000 13.000

400 145 325

435 160 355

800 340

1,000

880 375 1,100

3,750 420 175

4,125 460 190

ft! IV IV

IV IV iv

400 440 375 245 230 485

725 1,075 450 400 370 890

365 400 340 225 210 450 -

-

800 1,175 550 440 410 975

IV IV IV

IV IV M

~ ~ ~

~~~ 1 ~~ 1

1.050

1.150

75,000 85,000 80,000 110K 205K 235K

95,000 120K 260K

2,300 5,850 2,850 7,600 14.500

5,000 15,000 8,800 17.500 8,500 3,000 17,000 25,000 18.000 32.500

DEMAND NOTES 1 1861 $5 1 1861 $10 1 1861 $20

20,000

2,000 3,400 5,500 11,000 44,000 82,500

u.s

$

6,000 12,500 210 345 180 340

1,100

6,450 6.800 95 185 2,500 73 165 105 475 525 125K 5,500 80 145 105 310 465 2,450 4,200 90 300 85 90 625 90 95 87 82 215 220 210 275 225 185 1,650 1,550 3.900 3,200 400 65 38 44 75 475

260 460 395 850 1.750 13,000 27,500 375 525 385 585 1,650 17,000 14,000 145 325 4,500

100 330 150 950 975 185K 13,000 115 305 175 575 600 4,200 7,500 140 425

110 120 925 115 150 150 105 400 365 350 365 320 275 3.250 2,700 7.250

6,000 515

100

50 50

100 1.000

285 500 430 925 1.950 14,500 30,000 405 575 415 640 1,800 19,000 15,500 160 355 5,000 110 360 165 1.050 1,075 205K 14,500 125 335 195 625 660 4,600 8,500 155 465 120 130 1,025 125 165 165 115 435 400 380 400 350 300 3,550 3,000 8.000 6,600 565 110 55 55 110 1,100

3,700 15,000 12,000 23,000 90.000 115K

16,500 30,000 25,000 32,000 125K 125K

~

~ ~

~

NOTES CLEGAL TENDER! 435 475 900 975 525 575 1,300 1,425 3,250 3.550 27,500 30,000 45,000 50,000 575 625 1,150 1,275 700 825 850 925 3,200 3,500 35,500 39,000 24,500 27,000 250 275 575 625 5,750 6,300 160 180 510 560 275 300 1,650 1.800 1,375 1,500 225K 250K 24,000 26,500 200 220 475 525 330 365 750 850 850 925 7,500 8,250 12,500 13,750 200 220 685 750 180 200 210 230 1,575 1,750 145 160 285 310 300 330 130 145 575 625 650 710 450 500 550 600 365 400 365 405 5,000 5,500 2,850 3,150 15.000 - 16.500 11,500 12,500 700 775 120 130 65 70 65 70 135 150 2.700 3.000

740 1,950 825 2,400 5,250 45,000 60,000 1,450 2,800 1,250 1,475 4,750 65,000 40,000 525 1,050 7,400 335 750 425 1,950

2,000 300K 36,000 340 625 500 1,200 1,150 12.500 17.500 330 1,225 265 375 3,800 235 485 475 240 825 850 800 1,150 800 725 6,500 6,400 28,000 23,500 1,900 300 105 120 265 4,250

815 2,150 900 2,600 5.750 50,000 70,000 1,600 3,100 1,375 1,650 5,250 71,000 44,000 575 1.150 8,100 360 825 475 2.150 2,200 325K 40,000 375 675 550 1,300 1,250 14,000 19,500 365 1,350 290 410 4,200 260 535 525 265 900 950 875 1,250 875 800 7,100 7,000 31.000 26,000 2,075 325 115 130 290 4,650

1,075 2,550 1,150 2,750 7.000 85,000 85,000 1,950 3,850 1,950 2,200 7,750 90,000 70,000 750 1,275 10,500 550

1,000

525 2.500 2,400 325K 55,000 575 800 650 1,850 1,650

20,000 24,000 525 1,850 420 550 5,000 400 600 550 325 1.200 1,200 1,050 1,500 1,050

1,000 8,750 8,500 43.500 28,500 2,550 340 135 170 375 5.800

1,175 2,800 1,250 3,000 7.750 93,000 95,000 2,150 4,250 2,150 2,400 8,500 100K 77,000 825 1,375 11,500 600 1,100 575 2.750 2,650 350K 65,000 625 880 710 2,050 1,800 22,000 26,500 575 2,050 460 600 5,500 440 675 600 360 1.325 1,300 1,150 1,650 1,150 1,100 9,500 9,300 47.500 31,000 2,800 370 150 185 410 6.350

1,400 2,900 1,175 3,200 8,250 110K 95,000 2,350 4,400 2,100 3,250 10,250 100K 80,000 975 1,450 19,000 685 1,225 750 3.000 2,750 375K 65,000 640 1,125 950 3,050 1,950 25,000 26,500 600 2,300 625 700 5,750 750 775 700 500 1.450 1,350 1,350 1,700 1,400 1,150

10,100 10,000

55.000 34,500 3,450 385 170 230 500 6,750

1,550 3,200 1,275 3,500 9.000 120K 105K 2,600 4,800 2,300 3,550 11,250 110K 88,000 1,075 1,600 21,000 750 1,350 825 3.300 3,000 405K 75,000 700 1,225 1,050 3,350 2,150 27,500 29,000 650 2,550 685 775 6,250 825 850 775 550 1.600 1,500 1,500 1,850 1,550 1,250 11,100 11,000 60.000 37,500 3,800 425 190 250 550 7.500

2,000 3,800 2,125 5,250 10,000 11.000 225K 250K 145K 155K 2,450 2,700 5,200 5,700 2,250 2,450 4,200 4,600 13,750 15,000 130K 145K 120K 130K 1,275 1,375 1,700 1,875 35,000 39,000 775 850 1,550 1,700 1,000 1,100 5,750 6.250 3,500 3,850 400K 440K 70,000 80,000 850 925 1,450 1,600 1,150 1,250 3,900 4,300 2,600 2,850 40,000 44,000 32,500 35,500 630 690 2,900 3,200 800 900 800 875 8,300 9,200 825 900 825 900 900 1,000 525 575 1.650 1.800 1,550 1,700 1,500 1,650 1,875 2,075 1,600 1,750 1,500 1,650 13,750 15,000 13,750 15,000 70.000 77.000 41,000 45,000 4,000 - 4,400 400 440 180 200 265 290 585 640 7.900 8.650

175K 3,850 7,900 3,600 5,250 20,000 160K 140K 1,850 2,300 60,000 820 1,950 1,050 7,700 4,450 425K 80,000 1,050 1,850 1,450 5.750 2.750 62.500 37.500 675 3,750 875 1,300 13,500 900 950 925 575

195K 4,250 8,700 3,850 5,750 21,850 175K 155K 2,050 2,550 66,000 900 2,150 1,150 8,500 4,850 475K 90,000 1,150 2,025 1,600 6,300 3,050 70,000 42,500 750 4,100 975 1,425 15,000 1,000 1,050 1,000 625 2.000 2.200 1,700 1,850 1,600 1,725 2,000 2,200 1,950 2,150 1,700 1,850 14,750 16,000 16,250 17,750 75.000 82.000 50,000 55,000 4,850 - 5.250 490 540 200 220 315 345 625 685 10.100 11,100

4,600

8,000

2,750 15.500 16.500 210K 7,300 13,500 4,350

230K 8,000 15,000 4,750 10,000 11,000 34,000 37,000 195K 215K 175K 190K 2,500 2,750 4,250 4,650 90,000 100K 1,350 1,450 2,700 3,000 1,800 1,950 16,000 17,500 7,350 8,050 500K 550K 100K 110K 1,675 1,800 3,450 3,750 2,000 2,200 8,500 9,500 3,750 4,150 95,000 105K 55,000 60,000 1,100 1,200 5,500 6,000 1,000 1,100 2,100 2,300 30,000 33,000 1.350 1,450 2,500 2,750 1.400 1,550 1,150 1,250 3.400 3.750 2,750 3,000 2.500 2,750 4,000 4,400 3.500 3,850 2,900 3,200 15,750 17,250 20,000 22,000 95.000 105K 70,000 77,000 6,800 7,500 640 700 375 415 460 500 850 920 12,600 13,800

16,500 19,500 9,250 27,500 35.500

iv iv iv

iv iv iv

20,000

22,000 32,000 9,250 19,750 57,500

28,750 8,500 18,000 52,500 225K 5,500

8,000 145K 3,000 4,500 4,250 23,500 13,500

250K 6,000 8,800 155K 3,250 4,900 4,650 26,000 15,000

4,250 7,250 4,300 19,500

4,650 8,000 4,700 21,500 12,000

3,150

3,450 22,000 3,000 4,600 66,000 3,700 4,600 3,600 2,450 7.150 7,150 4,750 11,000 7,400 5,000 38,500 38,000

11.000

20,000

2,750 4,200 60,000 3,400 4.200 3,300 2.200 6.500 6,500 4,300

10,000

6,750 4,500 35,500 35,000 IV IV IV

iv IV IV

IV IV IV

IV IV IV

15,500 1,800 1.175 1,700 2,750 25.000

17,000 1,950 1,275 1,875 3.000 27,500

COMPOUND INTEREST TREASURY NOTES 1 1 1 1

$10 $20 $50 $100

1,650 2,600 1,800 3,000 14,500 27,000 25,000 40,000

2,850 6,500 3,350 13,500 30,000 45,000 44,000 70.000

7,100 11,750 15,000 27,000 50,000 65,000 77,000 90,000

13,000 30,000 70,000 100K

21,000 35,000 75,000 95,000

23,000 38,000 82,000 105K

30,000 39,500 80,000 105K

33,000 50,000 43,000 60,000 88,000 90,000 120K 115K

55,000 55,000 65,000 65,000 100K 95,000 125K 135K

60,000 70,000 70,000 80,000 115K 105K 140K IV IV IV

77,000 88,000 125K

~ ~ ~ IV iv IV

~ ~ ~ 1 IV /V IV 1

IV IV IV

IV IV IV 1

IV IV IV

IV IV IV

35,000 80,000 300K

38,000 87,000 330K

6,600 5,825 50,000 47,500 120K 4,800 13,750 12,000 17,500 47,000 55,000 200K 7,250 16,000

7,200 6,325 55,000 52,500 135K 5,200 15,000 13,000 19,500 52,000 60,000 220K 8,000 17,500 22,000 2.750 1,225 1,375 3,800 10,000 16,500 485 16,500

IV IV IV

INTEREST BEARING NOTES 1 1861-65 $10 1 1861-65 $20

2,400

5,500 13,000

6,000 16,000 14,500 25,000

18,000 24,500 27,500 40,000

27,000 31,000 44,000 57,500

34,000 65,000

<V <V <V

IV M IV

IV IV IV

I

I* IV IV

REFUNDING CERTIFICATES SILVER CERTIFICATES 1880 1880 1880 1880 1886 1886 1886 1886 1886 1891 1891 1891 1891 1891 1891 1891 1896 1896 1896 1899 1899 1899 1899 1899 1908 1923 1923

$10 $20 $50 $100 $1 $2 $5 $10 $20 $1 $2 $5 $10 $20 $50 $100 $1 $2 $5 $1 date above $1 date below $1 date right $2 $5 $10 $1 $5

FR 287-290 FR 309-312 FR 325-329 FR 338-342 FR 215-221 FR 240-244 FR 259-265 FR 291-297 FR 313-316 FR 222-223 FR 245-246 FR 266-267 FR 298-301 FR 317-322 FR 330-335 FR 343-344 FR 224-225 FR 247-248 FR 268-270 FR 226 FR226A-229 FR 230-236 FR 249-258 FR 271-281 FR 302-304 FR 237-239 FR

1890 1890 1890 1890 1890 1891 1891 1891 1891 1891

51 $2 $5 510 $20 $1 $2 $5 $10 $20

FR FR FR FR FR FR FR FR FR FR

1,100 2,000

2,600 1,800 1,200 1,650 6,750 3,500 2,200 3,200 9,500 22,000 3,850 4,250 8,500 15,500 25,000 5,250 5,750 14,000 200 220 300 130 145 600 450 500 240 265 1,950 1,025 1,150 635 700 1.775 800 900 475 525 5,500 3,300 1,275 1,375 3,000 315 200 220 140 150 625 330 360 210 230 675 350 385 245 270 775 425 465 185 205 1,050 485 535 825 900 3,250 1,850 2,000 1,250 1,375 7,700 18.000 4,100 4,500 7,000 275 250 275 100 110 750 500 550 315 345 1,850 600 675 575 625 115 105 115 90 100 105 87 95 50 55 95 82 + 90 50 55 180 130 140 88 95 460 330 360 400 430 675 255 280 410 450 33 20 22 18 20 850 500 550 525 575

4,500 2,850 7,350 10,000 24,000 46,000 27,500 60,000 500 330 1,275 650 4,350 2,100 3,800 1,950 6,000 14,500 500 345 1,500 675 1.200 750 1.350 850 2,600 1,150 5,800 3,550 20,000 30.000 685 300 2,500 825 4,250 2,000 210 125 175 115 165 105 340 200 1,000 500 1,150 740 45 36 1,800 950

4,950 11,150 50,000 70,000 550 1,375 4,750 4.150 16,000 550 1,650 1.325 1,475 2,850 6,300 33,000 750 2,750 4,600 230 195 180 370 1,100 1,250 50 2,000

6,000 22,000 70,000 120K 1,050 1,800 6,500 6.000 32,000 650 2,150 1.700 1,850 3,500 7,200 55.000

1,000 3,800 6,300 240 205 205 635 1,600 1,500 57 2,350

6,650 6,500 24,000 28,500 11OK 77,000 175K 135K 1.300 1,150 2,000 2,000 7,200 7,100 7.300 6,500 36,000 50,000 1,000 725 2,750 2,350 2.550 1,850 2,800 2,000 4,750 3,800 8,500 7,900 62,500 75,000 1,700 1,100 4,150 4,100 7,200 6,900 335 265 285 225 285 225 800 700 1,950 1,750 1,950 1,650 70 62 2,900 2,550

8,300 7,300 32,500 38,500 125K 120K 200K 195K 1,375 1,450 2,100 2,200 9,500 7,900 9,500 8,000 55,000 55,000 1,100 1,100 3,100 3,000 3.000 2,800 3,150 3,100 5,750 5,250 9,500 11,000 85,000 95,000 1,950 1,850 4,300 4,550 8,600 7,900 475 365 400 315 320 315 825 875 2,100 2,100 2,650 2,150 80 78 3,100 3,150

9,100 42,500 135K 220K 1,500 2,300 10,500 10,500 60,000 1,200 3,400 3.300 3,450 6,250 12,000 105K 2,150 4,700 9,400 525 440 350 900 2,300 2,900 90 3,400

10,500 44,000 140K 240K 1,975 2,200 12,000 14,000 62,500 1,200 3,850 3.250 4,150 8,800 15,000 120K 2,150 4,500 9,000 675 480 420

1,110

2,700 3.700 90 3,775

TREASURY NOTES OR COIN NOTES 347-349 353-355 359-361 366-368 372-374 350-352 356-358 362-365 369-371 375

325 220 475 1,450 90

200

2

15 275 1,600

350 240 525 1,600 100 220 235 305 1,750

375 725 375 750 2,750 140 385 335 525 2,400

415 800 415 825 3,025 150 425 370 575 2,700

485 1,350 850 1.300 5,000 210 700 600 875 3,450

525 1,500 925 1,450 5,500 230 775 650 950 3,750

1.450 3.450 1,500 2,700 7,000 420 1,150 825 1,275 5,950

1,600 3,750 1,650 3,000 7,750 460 1,250 900 1,400 6,500

2,200 6,300 3,500 3.400

10,000 650 1.800 1,200 1,500 6,750

2.400 7,000 3,850 3,750 11,000 700 1,950 1,325 1,650 7,500

www. cdnpublications. com

2,600 7,000 3,700 3.850 11,750 770 2.100 1,425 2,150 7,600

2,850 7,800 4,050 4,250 12,750 850 2,300 1,575 2,350 8,300

3,250 8.500 5,000 5.500 15,000 800 2.375 2,100 3,000

10,000

3,550 4,350 9,500 10,750 5,500 7,000 6,000 7.250 16,500 18,500 825 875 2,550 2,650 2,300 2,350 3,300 3,600 11,000 12,000

11,500 48,500 155K 265K 2,175 2,400 13,500 15,500 70,000 1,300 4,200 3,550 4,550 9.600 16,500 130K 2,350 5,000 10,000 750 530 460 1,220 2,950 4,100 100 4,175

18,500 20,500 60,000 65,000 225K 250K 300K 330K 2.250 2,475 3,500 3,850 16,000 17,250 27.500 30,000 87,500 97,500 1,650 1,800 7.500 + 8,250 5.500 6,000 7,300 8,000 17,250 19,000 25,000 27,500 160K 175K 2,500 2,750 5,800 6,300 13,000 + 14,250 825 900 615 675 520 570 1,435 1,575 4,600 5,000 7,100 7,800 125 135 5,800 6,350

4,750 10,100 11,750 25,000 7,600 12,000 8.000 14,000 20,500 33,000 1,275 900 3,250 2,875 3,200 2,550 4,400 3,950 13,250 17,000

11,100 27,500 13,000 15,500 36,000 1,375 3,575 3,500 4,800 18,500

20,000

2,500 1,125 1,225 3,500 9,200 15,000 440 15,000

18.500 42.500 23.500 28.500 62,600 2,750 6,250 6,800

11,000

37,500

20,000 46,500 25,500 31,000 68,500 3,000 7.000 7,500 12,000 41,000

1


The Historic Inaugural Auction!

Stack1 s-Bowers Numismatics Official Auction of the Whitman Coin and Collectibles Baltimore Expo March 28 - April 3, 2011** Baltimore, Maryland .• United States '

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Bid on these Highlights and Hundreds More Impressive Currency Lots! lOHO

T-1. $ 1,000 Confederate Note. PCGS Apparent Extremely Fine 40.

T-2. $500 Confederate Note. PCGS About New 50.

Fr. 23. 1875 $1 Legal Tender. PMG Gem Uncirculated 65 EPQ.

Fr. 95b. 1863 $10 Legal Tender. PCGS Gem New 65 PPQ.

Fr. 114. 1901 $10 Legal Tender. PCGS Superb Gem New 67 PPQ.

Fr. 269. 1896 $5 Silver Certificate. PCGS Gem New 66 PPQ.

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Fr. 1200. 1922 $50 Gold Certificate PCGS Gem New 66 PPQ.

Los Angeles, California. $5 1902 RS. Fr. 587. American NB. Charter #6545 About Uncirculated.

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Mariner Harbor, New York. $10 1902 PB. Fr. 625. Mariner Harbor NB. Charter #8194 Fine-Very Fine.

Selections from the Terry Robert Smith Collection

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Lexington, Missouri. Farmers Bank of Missouri. ND (18xx). $10. Proof. PMG Choice Uncirculated 63 EPQ.

Saint Louis, Missouri. Exchange Bank of St. Louis. ND (18xx). $10. Proof. PMG Gem Uncirculated 65 EPQ.

Helena, Montana. Peoples National Bank ND(1880). $10. Remainder. PCGS Gem New 65 PPQ.

Bowers and Merena 800.458.4646 West Coast Office • 800.566.2580 Eas Email: info@stacksbowers.com • Website: www.stacksbowers.com 18061 Fitch, Irvine, CA 92614 • 949.253.0916 123 West 57th Street, New York, NY 10019 • 212.582.2580 P.O. Box 1804, Wolfeboro, NH 03894 • 603.569.0823 SBN CDN Grnsht 01.26 11

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FEBRUARY 2011 DENOMINATION 1st ISSUE Original $ 1 rays 1875 $1 scallops Original $2 rays

1 I I I | |

1 | 1

I

PAGE 4

NATIONAL BANK NOTES

ccricc

1 |

the CURRENCY DEALER NEWSLETTER

FRIEDBERG VG 8 FINE 12 VF 20 XF 40 AU 50 NUMBERS BID ASK BID ASK BID ASK BID ASK BID ASK BID FR FR FR

380-382 383-386 387-389

400 500 2,050

450 550 2,250

750 675 2,650

825 735 2,875

800 925 4,200

4,600

1875 $2 scallops Original $5 rays 1875 $5 scallops Original $10 rays

FR FR FR FR

390-393 394-399 401-408 409-414

2,650 925 800

2,900 1,025 875

1,100

3,100 1,050 975 1,350

3,400 1,150 1,050 1,475

3,750 1,375 1,375 1,700

4,025 1,525 1,500 1,850

2,000 2,000 2,250

1875 $10 scallops Original $20 rays 1875 $20 scallops

FR FR FR

416-423 424-429 431-439

1,300

1,225

1,325 2,450 2,025

1,500 2,550 2,350

1,650 2,800 2,575

Original $50 rays

FR FR FR FR

13,000 13,000 15,750 15,750

13,000 13,000 15,250 15,250

440-443 444-451 452-455 1875 $100 scallops 456-463 SECOND CHARTER-1 st ISSUE (BROWN BACK) 1882 $5 FR 466-478 479-492 1882 $20 FR 493-506 1882 $50 FR 407-513 1882 $ 100 FR 519-531 SECOND CHARTER-2nd ISSUE (DATE BACK) 1882 $5 FR 532-538 51U rK 539-548 1882 $20 FR 549-557 1882 $50 FR 558-565 FR 1882 $100 566-572

1 SECOND CHARTER-3rd ISSUE (VALUE BACK) | 1882 $5 FR 573-575 1882 $10 rK 576-579 1882 $20 FR 580-585 1882 $50 FR 586 1882 $100 FR 586 A THIRD CHARTER-1 st ISSUE 1902 $5 red seal 1902 $10 red seal 1902 $20 red seal 1902 $50 red seal 1902 $100 red seal

FR FR FR FR FR

587-589 613-615 639-641 664-666

686-688

THIRD CHARTER-2nd ISSUE (DATE BACK) 1 1902 $5 blue seal FR 590-597 1902 $10 blue seal FR 616-623 1902 $20 blue seal FR 642-649 FR 667-674 1902 $50 blue seal 1902 $100 blue seal 689-697 FR

1,000 1,200

1,900 1,800

2,100 2,200

11,000 11,000

12,000 12,000 12,000 12,000

1,950

13,000 13,000

1,850

14,250 14,250 14,250 14,250

875

2,950 2,950 9,000

5,450

5,950 2,450

7,000 2,600 2,600 3,100

7,600 2,850 2,850 3,400

7,850 3,250 3,250 4,350

8.550 3.550 3,550 4,750

9,100 3,750 3,750 4,900

2,150 3,100 3,100

2,350 3,400 3,400

3,000 4,200 4,200

3,300 4,600 4,600

4,150 5,300 5,300

4,550 5,800 5,800

4,600

6,000 6,000

5,000 6,600 6,600

5,850 6,700 6,700

6,350 7,300 7,300

9,100 9,100

14,250 14,250 16,750 16,750

14,000 14,000 17,500 17,500

15,500 15,500 19,500 19,500

18,050 18,050 26,100 26,100

20,000 20,000

20,050 20,050 28,500 28,500 28,500 28,050

22,000 22,000

22,550 22,550 34,400 34,400

25,000 25,000 38,000 38,000

24,500 24,500 38,500 38,500

27 000 27 000 42^500 42,500

750 1,050 1,150

825 1,025 1,150 1,400 1,250 1,900 6,600 7,000 8,800 11,250

1,100 1,550 2,100

2,200 2,200

340 350 700 3,500 5,100

375 385 770 3,800 5,600

375 500 750 3,700 5,500

415 550 820 4,000

410 525 825 4,500 6,700

450 575 900 4,950 7,300

1,100

1,200

4,700 7,900

5,150 8,700

600 600 550 650 700 925 50,000 55,000 90,000 ~~~

1,000

660 700

1,100

60,000 ~~~

1,650 65,000 ~~~

525 600 725 5,500 6,600

750 1,150 1,500 5,750 7,000

825 1,250 1,650 6,250 7,700

195 195 195 950 2,400

275 280 280 1,900 2,850

300 310 310

130 130 140 950 1,650

220 220

400 550 600 5,250 6,400

100 110

110 120

120 120

115 625 1,150

130 675 1,250

135 640 1,950

130 130 150 700 2,150

75 75 85 600

85 85 95 675

100 100

THIRD CHARTER-3rd ISSUE 1902 $5 blue seal 1902 $10 blue seal 1902 $20 blue seal 1902 $50 blue seal 1902 $100 blue seal

FR FR FR FR FR

598-612 624-638 650-663 675-685 698-707

1918 $1 1918 $2 1915/18 $5

FR FR FR

708-746 747-780 781-809

225

245

120

65 250 185

1915/18 $10 1915/18 $20 1918 $50

FR FR FR

810-821 822-830 831

685 950 3,000

750 1,050 3,300

1,000 1,575 6,100

1914 1914 1914 1914

$5 red seal $5 blue seal $10 red $10 blue

FR FR FR FR

832-843 844-891 892-903 904-951

120

130 40 170 42

140 52

1914 1914 1914 1914

$20 $20 $50 $50

FR 952-963 FR 964-1011 FR 1012-1013 FR 1024-1071

180 50 750

1914 1914 1918 1918

$100 red $100 blue $500 blue $1,000 blue

1,200

1,100

no

110 110 120

650 1,250

725 1,350

485 550 650 5,000

6,000 175 175 175 865

2,200

120 120 125 850 1,500

18,500 7,100 7,000

2,750 2,750 8,450

480 550 825 4,550 5,500

365 500 550 4,750 5,750

16,500 6.500 6,350 7.500

2,450 2,450 7,750

440 500 750 4,150 5,000

375 500 550 5,000 5,800

5,250 5,250 16,000

2,050 2,050 7,600

375 375 600 4,000 4,400

345 460 500 4,500 5,300

4,750 4,750 14,500

1,850 1,850 7,000

340 340 550 3,650 4,000

465 550 450 500 675 625 42,000 45,000 80,000 80,000

ASK

1,500 1,500 5,950

350 350 575 3,600 4,250

425 410 600 37,500 70,000

GEM CU 65 Rin

1,375 1,375 5,450

1,000

320 325 525 3,300 3,850

6,000

CH CU 63 VCH CU 64 ASK BID ASK Bin ask

6,000 8,000

700 800

850

235 1,650 2,300

770 875

1,050 1,225 1,900 6,750

11,000

925 1,300 1,450 1,800 2,050 70,000 75,000

1,200

~ ~ ~

N N <M

2,100 3,150

245 240 260 1,800 2,550

7,700 12,500 1,150 1,350

2,100 7,300 12,000

1,175 1,825 2,350

31,500 31,500 1,275

1,250

~~~

IV IV IV

28,700 28 700 48,500 48,500

31 000 31^000 52,500 52,500

i-u

•V -Lf -V

1,350 1,575 2,425 2,300 3,000 3,150 13,500 15,000 18,000 18,000

1,725 1,850 2,550 2,400 3,450 4,000 16,500 22,500 20,000 24,000

2,050 2,650 4,350 25^000 26,500

3,000 4,750 7,500 33,000 35,000

3,350 5,200 8,300 36,000 38,500

1,800 1,725 2,400 2,500 2,575 2,500 12,500 13,500 16,000 16,000

1,900 2,750 2,700 15,000 18,000

2,075 3,600 2,850

3,000 3,650

3,350 4,050

20,000

20,000 22,000

2,400 2,600 3,400

2,650 2,900 3,750

3,100 2,950 4,250

IV IV IV

HI n/ IV

15,000

1,500 1,600

1,650 1,750 2,150 10,500 14,500

2,200 11,000

2,000

2,000

2,200

2,250 3,000 100K

2,300 3,100 100K

2,500 3,400 110K

9,500 13,000

1,450 1,800 1,600 2,050 2,250 2,700 82,000 90,000 NNN AM9 M

1,650

2,375

14,000

5,000 4,850 6,600

8,800 iv iv iv

10,000 10,000

13,500

2,000

12,000

8,000

IV IV IV

10,000

2,750 12,500 16,000

3,600 3,600 11,500

ASK 1

~~ ~

2,000 11,000 2,600

2,200

3,250 3,300 3,250 3,300 9,800 10,500 9,900 11,000 4,100 4,650 4,100 4,450 5,400 6,000

Rin

N N IV

8,000

1,925 3,250 2,650 18,000

8,200 8,875

iv ru

ru -u or nj

rj rv rv

-SI

-V

iv iv iv IV IV ev

IV IV IV

3,400 3,250 4,650

4,850 5,500

6,000

IVNN

aivN

IV IV IV

1,900 2,850 3,250 13,500 15,000

1,950 3,050 5,500 15,500 18,500

2,150 3,350

v

5,300 ~

IV IV IV

1,000

1,100

1,550 1,875 7,000 8,500

1,700 2,050 7,700 9,300

1,425 1,800 2,400 9,000 10,500

2,000 10,000 11,500

2,600 10,500 12,500

425 415 425 2,600 3,500

465 450 465 2,850 3,850

500 435 500 3,600 4,900

550 475 550 3,950 5,300

550 460 550 3,900 5,000

600 500 600 4,250 5,500

630 635 640 4,200 5,200

680 690 700 4,650 5,700

825 850 900 6,300 7,000

275 315 320

300 345 355 2,300 2,750

365 365 400 2,500 3,200

400 400 435 2,750 3,500

460 440 515 2,700 3,450

500 480 565 3,000 3,750

475 460 550 3,750 3,650

520 500 610 4,100 4,000

525 600 725 5,400

6,000

575 650 800 5,900 6,600

315 1,600 1,025

300 1,700 1,050

330 1,850 1,150

550 2,300 1,525

600 2,500 1,675

1,275 6,900 3,600

1,400 7,550 4,000

6,600

6,400

9,000

21,000

43,000

32,000 52,500

23,000 35,000 57,500

3,050 5,750 435 1,000 5,700 30,000 500 1,275

33,000 1,400

2,100

1,575

2,650

1,600

2,100

1,775 1,750 2,300 2,600 2,850 3,000 11,500 12,000 13,750 13,500

3,100

3,400

6,000

IV IV IV

17,000 20,500

IV IV IV

IV IV IV

IV IV IV

iv iv iv

925 950

1,500 1,750 1,900

2,100

6,900

IV IV IV

IV IV iv

IV IV -V

IV IV IV

1,000 8,000

1,200 1,275 1,350 IV <V IV

1,650 1,950

1,350 1,400 1,500 IV IV iv IV IV IV

FEDERAL RESERVE BANK NOTES 110

72 275

200 1,100

1,700 6,700

120

70 360 250

80 400 275

630 420

130 685 460

1,575 2,500 8,800

1,700 2,700 9,600

2,800 4,900 13,750

3,100 5,400 15,250

.

185 1,050 550 4,000 7,000

21,000

205 1,150 600

210 1,250 850

4,350 4,200 7,700 7,400 23,000 22,500

230 1,375 950

295 1,450 925

4,600 6,000 8,200 9,000 25,000 27,000

10,000 11,000

12,000

7,000

8,000

29,500 32,000

35,000

17,850 39,000

2,150 265 2,750 265

2,750 395 5,200 460

20,000

FEDERAL RESERVE NOTES

red blue red blue

FR FR FR FR

1072-1083 1084-1131 1132 1133

36 155 38

275 58 410 65

300 64 450 70

580 84 850 105

630 92 925 115

950 105 1,350

55

155 57 230 60

120

1,050 115 1,500 130

1,400 140 1,950 150

1,550 155 2,150 165

1,475 160 2,250 195

1,600 175 2,500 215

355 76 1,425 165

435 78

475 85 2,400

1,250 150 4,250 510

1,375 160 4,650 560

1,800 180

2,000 200

2,600

675

6,600 750

6,900 900

2,850 240 7,400

3,800 300 9,000 1,550

4,100 330

120

325 70 1,300 150

4,500 375 10,000 15,000 1,700 1,675

5,000 9,000 425 675 16,500 50,000 1,850 2,200

30,000 1,750 110K 7,500

33,000 1,950 120K 8,500

900 285 3,200 3,400

1,375 360 6,300 7,100

1,500 385 6,900 7,800

6,600 1,250

7,000 1,550

7,700 10,000 1,700 1,800 24,500 28,000 36,000 42,000

11,000 25,000 2,000 2,100 31,000 35,000 46,500 75,000

110K 30,000 45,000 - 50,000 3,000 3,300 7,500 2,300 40,000 50,000 57,500 70,000 125K 100K 85,000 90,000

120K 8,250 80,000 135K

75,000 70,000 85,000 85,000 140K 135K

80,000 75,000 95,000 95,000 150K 154K

85,000 105K 165K

90,000 115K

100K 125K

IV IV IV

IV .'"V

~ IV IV

IV IV IV

15,000 32,500 35,000 70,000 50,000 36,000 105K

35,500 77,000 55,000 115K

200 55 825

110

800 265 2,900 3,100

210

2,200 200 2,100 400 12,000

220

4,350 2,300 440 950 13,500 17,000 16,500 24,000

15,000

6,000

4,750 6,000 1,050 1,150 19,000 20,000 26,500 29,500

220

22,000 22,000 32,500

33,000

1,000

1,950 240 2,500 240

10,000 750 55,000 2,400

6,350

1,100

NATIONAL GOLD EBANK VSIOTES 1870-74 $5 1870-75 $10 1870-75 $20

FR 1136-1141 FR 1142-1151 FR 1152-1159

2,500 5,000 4,200 10,000 14,000 32,500

1870-75 $50 1870-75 $100

FR FR

1160-1161 1162-1166

175K 200K

195K 225K

200K 250K

225K 275K

1174-1178 1188-1197 1201-1214 1179-1180

365 775 490 900

400 850 540

435

1882 $50 1882 $100 1905 $20

FR FR FR FR

475 1,350 650 1,750

1906 1907 1913 1922

FR 1181-1186 FR 1167-1172 FR 1198-1199 1173 FR

95

2,300 3,700 12,500

14,500 35,000 38,000 45,000 74,000 85,000

5,500 13,000 11,000 35,000 35,000 67,500

335K 400K

300K 350K

400K 450K

38,500 45,000 50,000 55,000 95,000 95,000 440K 50 OK

450K 500K

50,000 55,000 60,000 65,000 105K 110K 500K 550K

500K 550K

60,000 65,000 75,000 75,000 120K 130K

600K 700K

650K 800K

750K 900K

850K 1 MIL

8,100 8,800 11,500 15.500 8,300 8,900 22,000 27.500

9,700 17,000 9,600 30,000

13,750 32.500 18.500 33,000

20,000

550K 600K

550K 600K

600K 650K

6,400 14,500

6,500 8,700 7,000 16,000

7,350 10,500 7,600

20,000

1,375 1,075 4,300 800

1,325 1,250 5,500 825

6,000

1,050 3,200 3,950

1,150 4,100 4,600

GOLD CERTIFICATES

$20 $10 $50 $10

1187

1922 $20 1922 $50 1922 $100

FR FR FR

1922 $500 1922 $1,000

FR 1216-1217 1220 FR

1200 1215

88 385 68

90 325 485 3,900 5,450

1,100 1,725 1,200

4,250 4,900 5,100 6,300 2,900 4,900 7,300 11,500

5,400 6,900 5,400 12,500

6,000 8,000

3,650

4,025

105 95 425 75

160 145 425 -

120

175 160 465 135

250 165 575 145

275 180 625 160

575 445 1,550 300

625 485 1,700 325

900 700 3,100 525

775 3,400 575

1,250 975 3,900 725

100

135 365 625 -

150 400 685

225 + 460 735

245 500 800

450 1,475 2,150

500 1,625 2,350

725 2,250 2,750

800 2,450 3,050

950 2,900 3,600

1,000 -

1,000 1,575 1,100

3,850 4,700 2,650 6,750

355 520 4,300

6,000

1,200

600 1,600 -

9,750 10,500

10,750 11,500

18,500 18,500

-

20,500 35,000 20,500 44,000

38,500 48,000 48,000 70,000

1,000

53,000 80,000 80,000 95,000

90,000 90,000 L05K 1H5K

2,000 2,000

900

1,825 1,825 6,800 1,125

5,000 2,600 7,300 22,500 1,225 1,775

5,500 11,000 2,850 8,250 25,000 60,000 5,250 1,950

9,250 65,000 5,750

1,250 4,500 5,000

1,500 6,300 6,500

1,650 7,000 7,100

3,050 14,500 16,000

5,250 3,350 16,000 27,500 17,500 30,000

5,750 30,000 33,000

100K 115K

100K L15K

110K 125K

110K 125K

120K 135K

150K 155K

165K

180

200 74 300 90

415 115 475 240

455 125 510 260

800 365 625 700

875 400 675 770

1,475 1,375

12,000

U.S. FRACTIONAL CURRENCY FIRST ISSUE (1862-63) 5 cent perforated edges 5 cent straight edges 10 cent perforated edges 10 cent straight edges

FR FR FR FR

1228-1229 1230-1231 1240-1241 1242-1243

15.00 15.00 ♦ 14.00 13.50 +

16.50 16.50 15.00 15.00

21.00

25 25 50 50

FR FR FR FR

1279-1280 1281-1282 1310-1311 1312-1313

16.00 15.00 22.00 18.50 15.00 + 17.00 13.50 + 15.00

cent cent cent cent

perforated edges straight edges perforated edges straight edges

SECOND ISSUE (1863-67) 5 cent 5 cent fiber paper 10 cent 10 cent fiber paper

FR 1232-1234 FR 1235 FR 1244-1248 FR 1249

170 78 315 140

185 85 345 155

200

300 160 450 220

620 165 775 315

685 180 850 340

1,200 650 1,750 725

1,325 700 1,900 800

32.00 100.00 29.00 95.00

44 175 31 175

48 190 34 200

46 250 44 290

50 275 48 320

55 490 60 575

60 540 65 625

80 640 80 850

90 700 90 950

235 1,250

400 2,500 325

440 2,750 360

1,650

260 1,375 220 1,800

IV IV IV

IV IV IV

32 125 50

35 135 55 120

45 185 115 215

49 200 125 235

88 410 160 345

95 450 175 375

128 675 250 585

140 735 275 650

210 975 335 1,025

230 1,075 360 1,150

450 1,650 850

500 1,800 950

50

65 95 60 50

70 105 65 55

72 175 130 70

80 190 140 80

115 250 190 90

125 275 210 100

200 400 215 190

220 440 235 205

500 560 800 500

550 610 875 550

90

50 90 60 195

100 110 55 100 65 215

130 160 60 155 95 315

140 175 65 170 105 345

185 190 75 170 105 475

205 210 80 185 115 525

205 290 130 320 160 650

225 320 140 350! 175 725

800 750 525 725 400 1,400

880 825 575 800 440 1,550

170 160 140 165

185 175 155 180

220 245 185 180

240 270 205 200

230 270 190 220

255 1 300 210 240

375 320 365 435

410 350 400 475

1,050 800 850 1,500

1,150 880 950 1,650

55 33 65 30

60 36 70 33

100

17.50 16.25 24.00 20.00

19.00 16.75 25.00 21.50

21.00 18.00 27.00 23.50

22.00 18.00 29.00 23.50

24.00 20.00 32.00 25.50

42.00 28.00 43.00 32.00

46.00 31.00 47.00 35.00

110

70 40

16.50 18.50 15.00 16.25

20.00

22.00 25.00 18.50 21.50

22.00 35.00

24.00 38.00 22.00 33.00

29.00 90.00 27.00 85.00

23.00 17.00 19.50

20.00 30.00

17.25 21.00 22.00 24.50

16.50 26.00 22.00 29.00

18.00 28.00 24.00 31.00

20.00 62.00 27.00 55.00

22.00 68.00 30.00 60.00

34.00 40.00

20.00 20.00

36.00 44.00 22.00 22.00

35.00 44.00 23.00 22.00

38.00 48.00 25.00 24.00

36.00 53.00 31.00 27.00

40.00 58.00 34.00 29.00

40 36

55 75 44 39

15.00 19.00 15.00 15.25 15.25 18.50

18.50 25.00 18.00 16.25 16.00 22.00

20.50 30.00 20.00 17.25 17.00 24.00

22.00 30.00

18.50 30.00

24.00 35.00 22.00 22.00 20.00 33.00

30.00 40.00 26.00 40.00 27.00 60.00

33.00 44.00 28.00 44.00 29.00 70.00

45 55 36 60 37 105

50 60 39 65 40 115

33.00 32.00 32.00 38.00

48.00 45.00 44.00 52.00

53.00 50.00 48.00 57.00

57.00 55.00 46.00 60.00

63.00 60.00 50.00 66.00

95.00 95.00 80.00 86.00

105.00 105.00 88.00 95.00

110

120 135 95 no

FR 1226 FR 1227 FR 1236-1237 FR 1238-1239

30.00 + 30.00 15.00 + 15.00 +

33.00 33.00 16.50 16.50

10 10 10 25 25 25

cent cent cent cent cent cent

red back auto. green back red back green back fiber paper

FR FR FR FR FR FR

13.50 17.00 13.50 + 14.00 + 14.00 + 17.00

50 50 50 50

cent cent cent cent

Spinner-Ty Spinner-Ty. Spinner-Ty. Spinner-Ty.

30.00 29.00 29.00 35.00

1; red back FR 1324-1327 1; auto. FR 1328-1330 1; green back FR 1331-1338 2 FR 1339-1342

125 66 210 105

20.00

35.00 34.00 34.00 28.00

THIRD ISSUE (1864-69) 3 cent light background 3 cent dark background 5 cent red back 5 cent green back

1251-1252 1253-1254 1255-1256 1291-1293 1294-1296 1297-1300

115 60 190 95

275 145 410

55

77 45 120 60

18.00 17.00

32.00 31.00 31.00 26.00

15.25 16.25 17.50 20.00

FR FR FR FR

130 56 175 75

25.00 24.00 25.00 22.00

14.00 + 15.00 16.50 18.00

cent cent fiber paper cent cent fiber paper

120 52 160 70

23.00 22.00 22.50

1283-1288 1289-1290 1314-1318 1320-1322

25 25 50 50

37

88 48 110 40

80 44

23.00 22.00 20.00 19.00

20.00

16.00 19.00

20.00 22.50

20.00 20.00

110

68

125 85 ioo

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100

68

275 80

200


SERGIO SANCHEZ JR. CURRENCY U.S. LARGE SIZE NOTES SPECIALIST BUY • SELL • EXPERT APPRAISALS

LARGE SELECTION OF: US Notes, Treasury Notes, Silver Certificates, Cold Certificates, Nationals, Confederates, Colonials, & Obsoletes SMALL AND LARGE SIZE U.S. CURRENCY

Paying TOP DOLLAR for your US Type Notes |j 5||!WjP.O. BOX 44-2809* MIAMI, FL. 33144-2809

Ipff;TEL: (305) 567-1515* FAX: (305) 567-1898 f

E-mail: sergio@sanchezcurrency.com

§

www.sanchezcurrency.com PCDA-SPMC-ANA Member ST* auammimuii —" * '*-,*—•+ el' ll

I'M 11

.i i .0t

if-COS ■


the CURRENCY DEALER NEWSLETTER cppipc DENOMINATION 50 50 50 50 50

cent Justice—red back cent Justice—red back; fiber cent Justice—auto. cent Justice—green back cent Justice—grn.back; fiber

PAGE 5

U.S. FRACTIONAL CURRENCY continued FRIEDBERG VG 8 FINE 12 VF 20 XF 40 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 AU 50 CU 60 NUMBERS BID ASK BID ASK BID ASK BID ASK BID ASK ASK BID ASK BID ASK BID ASK BID ASK BID FR FR FR FR FR

1343-1350 1357 1355-1356 1358-1369 1370-1373

37.00 75.00 40.00 36.00 41.00

40.00 52.00 85.00 140.00 45.00 50.00 40.00 43.00 45.00 52.00

FOURTH ISSUE (1869-75) 10 cent 15 cent 25 cent

FR FR FR

1257-1261 1267-1271 1301-1307

13.50 + 40.00 + 14.00 +

15.00 44.00 15.50

50 cent Lincoln 50 cent Stanton 50 cent Dexter

FR FR FR

1374-1375 1376 1379

45.00 18.50 + 18.50 +

FIFTH ISSUE (1874-76) 10 cent green seal 10 cent red seal 25 cent 50 cent

FR FR FR FR

1264 1265-1266 1308-1309 1380-1381

14.00 13.50 + 14.00 + 18.50 +

57.00 155.00 55.00 48.00 57.00

65.00 290.00 55.00 52.00 75.00

17.00 44.00 16.00

19.00 47.00 17.50

19.00 45.00 16.50

21.00 48.00 18.00

50.00 20.00 20.00

70.00 22.50 21.50

75.00 24.50 23.50

85.00 30.00 26.00

15.50 15.00 15.50 20.00

18.00 16.00 16.00 20.00

20.00 17.50 17.50 22.00

21.00 18.00 17.50 21.00

72.00 125.00 320.00 475.00 60.00 120.00 57.00 110.00 82.00 190.00

135.00 525.00 130.00 120.00 210.00

150 600 175 140 215

165 675 190 150 235

225 1,025 260 205 425

250 1,125 285 225 465

320 1,300 400 275 775

355 1,425 440 300 850

435 2,000 440 385 1,000

475 2,200 480 425 1,100

800 2,900 725 625 1,750

875 3,200 800 675 1,900

1,400 5,500 1,350 1,500 4,500

1,550 6,500 1,500 1,650 5,500

23.00 65.00 22.00

25.00 70.00 24.00

27 70 28

29 80 31

35 80 40

38 90 44

58 100 70

63 no 77

75 135 100

80 150 110

140 210 190

150 230 210

450 1,000 475

500 1,100 525

93.00 33.00 28.00

140.00 42.00 35.00

155.00 46.00 38.00

260 75 48

285 82 52

375 100 80

410 110 88

550 240 100

600 265 110

800 300 130

875 325 140

1,300 550 290

1,450 600 320

2,375 900 700

2,600 1,000 775

23.00 20.00 19.00 23.00

26.00 23.00 22.50 27.00

28.00 25.00 25.00 29.00

36 26 30 36

40 28 33 40

55 33 38 50

60 36 42 55

75 46 44 55

80 50 48 60

80 50 55 60

90 55 60 65

135 72 65 115

145 80 72 125

350 200 350 380

400 220 385 430

U.S. FRACTIONAL CURRENCY PROOF ANO SPECIMEN NOTES SERIES I DENOMINATION

NARROW MARGIN WIDE MARGIN 1 FRIEDBERC CU 60 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 CU 60 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 ASK ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID NUMBER! BID ASK BID ASK BID ASK BID

FIRST ISSUE 5 cent face 5 cent back 10 cent face 10 cent back

FR FR FR FR

1231 1231 1243 1243

40 35 40 31

44 38 44 34

70 55 60 40

80 60 65 44

85 65 70 45

95 70 80 50

125 80 90 60

140 90 100 65

210 115 250 190

235 125 275 210

85 75 105 65

95 85 115 70

120 95 145 105

130 105 160 115

195 160 220 155

215 175 240 170

345 275 355 265

380 300 385 290

525 435 550 475

575 475 600 525

25 25 50 50

FR FR FR FR

1282 1282 1313 1313

38 30 62 40

42 33 67 44

73 47 77 70

80 53 85 77

100 55 90 80

110 60 100 88

150 70 155 100

165 77 170 110

205 105 290 295

225 115 320 325

115 100 165 105

125 110 180 115

125 160 180 135

135 175 200 150

180 185 230 175

200 200 255 190

335 290 330 320

365 320 360 350

600 590 625 615

650 640 690 665

SECOND ISSUE 5 cent face 5 cent back 10 cent face 10 cent back

FR FR FR FR

1232 1232 1244 1244

44 30 43 26

48 33 47 28

73 53 65 45

80 58 70 50

90 65 85 55

100 72 95 60

125 85 120 70

135 95 130 77

175 125 185 115

195 135 205 125

90 80 100 90

100 90 110 100

160 130 145 135

175 145 160 150

195 185 170 160

210 200 185 175

250 220 225 220

275 240 245 240

400 380 400 350

440 420 440 385

25 25 50 50

FR FR FR FR

1283 1283 1314 1314

47 32 47 40

53 35 53 44

65 58 65 57

70 63 70 62

88 65 90 73

95 70 100 80

135 90 150 100

145 100 165 110

200 135 300 190

220 150 330 210

145 120 140 135

160 130 155 145

160 145 210 170

175 160 230 185

205 170 290 215

225 185 320 235

285 230 415 315

310 255 455 345

525 350 650 600

575 385 715 660

THIRD ISSUE 3 cent face light 3 cent face dark 3 cent back

FR 1226 FR 1227 FR 1226-1227

70 29 26

77 32 28

95 45 40

105 50 44

115 68 50

125 75 55

165 100 70

180 110 77

Al ai ai M M IV IV A# IV

Ai Al Al IV ftl IV IV IV IV

2,750 160 100

3,050 175 110

5,000 220 165

5,500 240 180

6,250 310 220

7,000 340 240

7,250 410 330

8,000 Al Al Al 575 450 435 360

Al Al Al 625 475

5 cent face 5 cent back red 5 cent back green

FR 1236-1238 FR 1236 FR 1238

42 26 28

46 28 31

58 40 45

63 44 50

70 50 68

77 55 75

115 75 95

125 85 105

210 130 155

230 140 170

115 100 70

130 110 80

170 135 125

190 145 135

225 160 145

250 175 160

310 205 210

420 350 300

465 385 330

10 cent 10 cent 10 cent 10 cent 10 cent

FR 1251 FR 1253 FR 1254 FR 1253-1254 FR 1255

50 68 170 50 30

55 74 185 55 33

60 85 210 80 65

65 95 230 90 70

80 100 225 95 85

88 110 250 105 93

120 130 270 120 125

130 140 . 295 130 135

225

250

165 230

180 255

no 130 2,800 90 95

120 140 3,100 100 105

135 155 4,750 140 110

150 170 5,250 155 120

160 210 6,000 160 140

175 230 6,650 175 155

270 295 7,000 240 215

450 300 475 325 7,700 Al Al Al 430 260 415 235

500 525 Al Al Al 470 450

25 cent face 25 cent back red 25 cent back green

FR 1291-1294 FR 1291 FR 1294

75 45 30

85 50 33

100 70 58

110 80 63

110 80 65

120 90 70

135 95 75

150 105 82

165 130 115

180 145 125

110 95 73

120 105 80

140 125 105

155 135 115

170 160 128

185 175 140

285 245 170

440 425 340

480 465 375

SPINNER 50 cent face—printed Colby & Spinner 50 cent face—auto. Colby & Spinner 50 cent face Allison & Spinner 50 cent face Jeffries & Spinner

FR FR FR FR

1324 1328 1329 1330

75 110 1,800 90

95 82 125 120 2,000 2,600 140 100

105 135 2,850 155

110 150 3,000 165

140 120 200 165 3,300 4,400 225 180

155 220 4,850 250

350

400 IV Al Al

570 465 600 525 14,250 7,000 Al Al IV

620 660

IV IV IV

425 330 475 375 13,200 13,000 5,500 6,500

Al Al Al

50 cent back red 50 cent back green 50 cent back green iy. 2

FR 1324-1330 FR 1331 FR 1339

65 65 1,900

85 70 85 70 2,100 2,200

95 95 2,400

100 100 2,650

110 110 2,900

135 135 3,750

145 145 4,100

250

275

135 135 2,950

145 145 3,250

165 150 3,550

180 165 3,850

220 190 4,500

245 210 4,900

350 275 5,800

420 385 400 315 6,300 9,300

465 440 10,300

cent cent cent cent

cent cent cent cent

face back face back

face back face back

face—printed Colby &. Spinner face—auto. Colby & Spinner face—auto. Jeffries & Spinner back red back green

JUSTICE 50 cent face—printed Colby & Spinner FR 50 cent face—auto. Colby & Spinner FR 50 cent face Jeffries & Spinner FR

260 210 300 220 10,000 11,000 2,200 4,300

190 200 9,000 2,000

285 300 340 330 12,000 12,000 4,750 5,000

340 225 230

320 265 185

1343 1355 1357A

95 120 170

105 130 190

125 155 255

135 170 280

135 165 295

145 18C 325

155 180 390

170 200 430

IV IV IV Al Al Al

Al Al Al Al Al Al

130 250 2,150

145 275 2,350

210 285 4,300

230 310 4,750

270 370 5,000

295 400 5,500

400 500 6,500

440 550 7,000

600 875

650 975

50 cent back red

FR 1343-1357

44 43

48 47

73 65

80 70

80 70

88 77

100 90

110 100

140 115

155 125

125 100

135 110

190 135

210 150

250 185

275 205

355 315

385 345

425 390

465 430

GRANT AND SHERMAN 15 cent face—printed Colby & Spinner 15 cent face—auto. Colby & Spinner 15 cent face—auto. Jeffries & Spinner 15 cent face—auto. Allison & Spinner

FR FR FR FR

1272 1273 1274 1275

250 1,950 260 265

340 275 2,150 2,600 350 280 370 290

370 2,850 380 400

600 3,700 500 535

650 4,000 550 58'

875 4,900 700 750

950 5,400 770 825

1,700 Al Al Al 1,500 1,600

1,900 Al Al Al 1,650 1,750

500 2,700 510 520

550 3,000 560 570

800 4,800 800 825

880 5,300 880 900

950 5,500 975 1,075

1,050 6,000 1,075 1,175

1,500 7,250 1,550 1,600

1,650 8,000 1,700 1,750

2,500 Al Al Al 2,800 2,850

2,750 Al Al Al 3,100 3,150

15 cent back green

FR

1272

140 140

210 210

230 230

260 260

285 285

330 330

365 365

620 620

685 685

265 265

290 290

290 325

320 350

325 425

355 465

435 575

475 625

750

825

1,050

1 150

155 155

SMALL SIZE LEGAL TENDER NOTES

0

SERIES DENOMINATION

CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 CU 60 AU 50 XF 40 FINE 12 VF 20 VG 8 FRIEDBERG ASK ASK BID ASK BID BID ASK BID BID ASK BID ASK BID ASK ASK BID ASK ASK BID NUMBERS BID 1,000 - 1,100 400 435 330 360 FR FR FR FR

1500 1501 1502 1503

70.00 7.50 8.75 25.00

75.00 8.50 9.75 27.00

75.00 8.00 12.00 45.00

82.00 9.00 13.00 50.00

115.00 9.00 19.00 95.00

125.00 10.00 21.00 105.00

145.00 10.50 38.00 225

160.00 11.50 42.00 250

180 15.00 60.00 300

200 16.50 70.00 330

200 40 70 475

220 44 80 525

230 45 150 600

250 50 160 665

100 250 1,000

110 275 1,100

145 565 1,550

160 615 1,700

575 1,450 3,575

C$2 D $2 E S2 F $2

FR FR FR FR

1504 1505 1506 1507

7.00 7.00 7.20 7.00

7.75 7.75 8.00 7.75

8.00 8.00 8.15 8.00

8.75 8.75 9.15 8.75

9.00 8.25 9.25 8.25

10.00 9.00 10.25 9.25

10.50 9.25 11.50 9.50

11.50 10.25 12.50 10.50

16.00 15.00 17.00 15.00

17.50 + 16.50 19.00 + 16.50

40 33 35 33

44 36 38 36

75 37 47 37

82 40 52 40

82 48 80 40

90 53 88 44

150 64 185 70

165 70 200 78

365 275 625 220

400 300 685 245

1928 1953 1953 1953

G $2 $2 A $2 B S2

FR FR FR FR

1508 1509 1510 1511

7.00 5.00 5.00 5.00

7.75 5.50 5.50 5.50

8.00 5.15 5.15 5.15

8.75 5.65 5.65 5.65

8.25 5.35 5.35 5.35

9.25 5.85 5.85 5.85

9.25 5.75 5.75 5.75

10.25 6.25 6.25 6.25

15.00 6.25 6.25 6.25

+ 16.50 6.75 6.75 6.75

33 9.00 9.00 9.00

36 10.00 10.00 10.00

35 10.00 10.00 10.00

38 11.00 11.00 11.00

37 14.50 13.00 12.50

41 16.00 14.50 13.50

45 19.00 18.00 16.00

50 21.00 20.00 17.50

170 40 38 33

185 44 41 36

1953 1963 1963 1928

CS2 S2 A $2 S5

FR FR FR FR

1512 1513 1514 1525

5.00 5.00 5.00 9.75

5.50 5.50 5.50 10.75

5.15 5.15 5.15 12.00

5.65 5.65 5.65 13.00

5.35 5.35 5.35 14.50

5.85 5.85 5.85 16.00

5.75 5.75 5.75 19.00

6.25 6.25 6.25 21.00

6.25 6.25 6.25 25.00

6.75 6.75 6.75 27.50

9.00 8.00 8.00 40

10.00 8.75 8.75 44

10.00 8.50 8.50 45

11.00 9.25 9.25 50

12.50 10.50 10.50 50

13.50 11.50 11.50 55

17.00 15.00 15.00 95

18.50 16.50 16.50 105

37 27 37 290

40 30 40 320

1928 1928 1928 1928

A S5 B S5 C $5 D $5

FR FR FR FR

1526 1527 1528 1529

10.50 9.50 9.50 14.75

11.50 10.50 10.50 16.25

12.25 11.50 11.50 20.50

13.25 12.50 12.50 22.50

16.00 12.50 12.50 40.00

17.50 13.50 13.50 45.00

26.00 16.00 15.00 50.00

28.00 17.50 16.50 55.00

35.00 25.00 25.00 65.00

38.00 27.50 27.50 72.00

50 40 38 100

55 44 42 110

75 45 45 120

85 50 50 130

85 52 55 135

95 57 60 145

360 115 77 200

400 125 85 220

785 265 250 640

860 290 275 700

1928 1928 1953 1953

E $5 F $5 $5 A $5

FR FR FR FR

1530 1531 1532 1533

9.50 9.50 8.75 8.75

10.50 10.50 9.50 9.50

11.50 11.50 9.50 9.50

12.50 12.50 10.25 10.25

12.50 12.50 9.75 9.75

13.50 13.50 10.75 10.75

15.00 15.00 10.00 10.00

16.50 16.50 11.00 11.00

25.00 25.00 12.00 12.00

+ 27.50 + 27.50 13.00 13.00

38.00 38.00 15.50 15.50

+ + + +

42.00 42.00 17.00 17.00

42.00 42.00 16.00 16.50

+ 46.00 + 46.00 + 17.50 18.00

46.00 44.00 17.00 17.50

50.00 48.00 18.50 19.00

75.00 65.00 21.00 21.00

82.00 72.00 23.00 23.00

235 200 44 44

255 220 48 48

1953 B $5 1953 C $5 1963 $5

FR FR FR

1534 1535 1536

8.75 8.75 8.75

9.50 9.50 9.50

9.50 9.50 9.50

10.25 10.25 10.25

9.75 9.75 9.75

10.75 10.75 10.75

10.00 10.00 10.00

11.00 11.00 11.00

12.00 12.00 12.00

13.00 13.00 13.00

15.50 15.50 15.00

+ 17.00 + 17.00 16.00

16.00 16.00 15.50

+ +

17.50 17.50 16.50

16.75 19.00 16.25

18.25 21.00 17.25

21.00 32.00 18.00

23.00 35.00 19.50

65 42

75 46

1966 $100 iqaa a tinn

FR FR

1550 1551

100 125

110 140

102 135

112 150

105 140

115 150

140 170

150 185

175 350

195 380

230 500

250 550

300 630

330 690

345 800

375 880

925

1928 1928 1928 1928

SI $2 A S2 B $2

1928 1928 1928 1928

+ +

+

+

SMALL SIZE SILVER CERTIFICATES 1928 $1 1928 A $1 1928 B $1

FR FR FR

1600 1601 1602

20.00 20.00 20.00

1928 1928 1928 1934

C$1 D $1 E $1 SI

FR FR FR FR

1603 1604 1605 1606

65.00 25.00 200.00 22.00

1935 $1 1935 A $1 1935 B $1

FR FR FR

1607 1608 1611

2.75 1.60 1.90

22.00 21.25 22.00

24.00 23.25 24.00

24.00 21.50 24.00

72.00 82.00 27.00 31.00 220.00 320.00 24.00 23.25

90.00 34.00 350.00 25.25

130.00 57.00 360.00 24.00

5.00 2.00 3 50

5.50 2.20 3.75

5.10 2.50 3.60

22.00 22.00 22.00

3.00 1.70 2.10

DZD 1 1,UDU 1,000 | 2,050

-

-

625 1,600 3,875

1,1 DU ■ 2,250 |

26.00 22.00 26.00

28.00 24.00 28.00

33 33 33

36 36 36

42 42 48

46 46 53

45 44 52

50 48 57

48 47 57

53 52 62

64 58 80

70 65 85

230 210 250

255 230 275

145.00 210.00 62.00 105.00 400.00 700.00 25.00 26.00

230.00 115.00 775.00 27.00

280 140 850 31

310 155 925 34

360 165 1,075 42

400 185 1,175 46

450 240 1,400 46

500 260 1,550 50

600 260 1,600 53

660 285 1,750 57

410 2,300 82

450 2,500 90

1,100 4,200 285

1,200 4,600 310

5.20 2.90 3.70

5.70 3.20 4.00

5.30 3.40 3.80

5.80 3.75 4.10

7.00 6.75 8.00

7.75 7.50 9.00

14.50 8.00 9 00

15.50 9.00 10.00

22.00 11.50 13 00

24.00 12.50 13.00

14.50 16.50

16.00 18.00

60 36

67 40 50

26.00 23.50 26.00

5.60 2.75

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FEBRUARY 2011

PAGE 6

the CURRENCY DEALER NEWSLETTER SMALL SIZE SILVER CERTIFICATES continued

SERIES DENOMINATION 1*3 ' D v% 11 1*36 D N 11 1*35 8 11

CH CU 63 VCH CU 64 GEM CU 65 CU 60 FRIEDBERG VF 20 VG 8 FINE 12 XF 40 AU 60 ASK m ASK BID ASK BID BID ASK BID as* NUMBERS ASK BID ASK BID ASK BID ASK BID 1000 14 00 1500 750 900 -nr—Sso 6.50 IU 1 v» *18. . — 17 5o 16 00 It 00 8 25 1000 Fft 725 1613 6 75 6.25 1 50 1 65 1 80 1 95 2 00 2.20 2.35 2.60 3 35 3.10 FR KR FR

VI

1 *35 Gil 1*35 G with MOITO tl 1*35 H 31 196? tl 1967 A 11 1967 B 11 1*34 15 1*34 A 15 I'M* B >5 1934 C 15 1934 D 15 11 1963 A 15 1953 B 15 1933 110 1934 110 1934 A *10

1934 1934 1934 1953 1963

B >10 010 O >10 >10 A >10

FR KR KR FR FR KR FR FR FR FR KR FR FR FR FR FR FR FR FR FR FR FR

1613 1614 1615 1*16 1617 1618 1619 1620 1621 1650 1651

1.50 1 30 1 SO 3.60 2 00 l 55 1 55 1 35 9.75

1652 1653 1654 1655 1656 1657 1700 1701 1702 1703 1704 1705 1706 1707 1708

1060 9.00 9.00 8.50 8 50 8.50 1,850 26 23 35 24 27 39 40 39

1.65 1 65 1 65 1 70 3.90 220 1.65

1 80 1 80 1 80 3.25 3 90 3.50

1.65 1 65 10.75 1000

1 65 1 65 10.35 9.30 11.25 9.25 9.25 9.25 9.25 925 2.850 29 24 50 26 29 42 42 41

11.60

10.00 10.00 9.50 9.50 9.50 2,100 28 25 38 26 29 43 44 43

1.95 1 95 1 95 3.50 4.20 3.80 1 75 1.75 1.75 11.35 10.30 12.25 10.25 10.25 10.25 10.25 10.25 3,100 32 26 55 28 32 46 46 45

2.00 2.00 2.00 3.75 4.00 3.60 1.85 1.85 1 85 10.45 10.10 11.35 9.70 9.70 9 50 9.50 9.50 4,150 32 26 105 28 32 43 45

2 20 2.20 220 4 00 4.30 3 90 2.05 2.05 2.05 11.45 11.10 12.35 10.70 10.70 10.50 10 50 10.50 4,550 35 28 115 30 35 47 50

-

2.35 2.35 2.35 3.80 4.10 3.70 2.25 2.25 2.25 10.65 10.20 11.45 10.10 10.10 10.00 10.00 10.00 5,250 37 35 300 34 35 45 55 45

2.60 2.60 2.60 4.05 4.45 4.00 2.50 2.50 2.50 11.65 11.20 12.45 11.10 11.10 11.00 11.00 11.00 5,750 40 38 330 37 38 50 60

3 10 3 10 t 10 3.85 4.20 3.80 3.10 3 10 3.10 14.00 12.50 15.00 13.00 12.50 13.00 12.50 12.50 6,750 45 43 525 43 43 60 80

3 35 3 35 3.35 4.10 4 55 4.10 3.35 3 35 3.35 15.50 13.50 16.00 14.00 13.50 14.50 13.50 13.50 7,350 50 47 575 47 47 65 90 60

6.50 6.50 6 50 8.00 24.00 8.00 5.50 6.25 6.25 18.50 17.50 20.00 17.50 17.50 16.50 15.00 15.00 8,250 83 85 1,100 80 90 80 115 82

600 6.00 6.00 7.25 22.00 7.25 5.00 5.50 5.50 17.00 1600 18.50 16.00 ♦ 16.00 + 15.00 14.00 14.00 7.500 75 77 1.000 70 80 72 105 75

6 50 6.50 6.50 8.25 24.00 8.25 625 625 6.25 22.00 18.00 23.00 17.50 17.50 17.00 16.00 16.00 8,000 80 105 1.550 80 88 78 185 82

25.00 1900 19.00 18.50 17.50 17.50 8,750 88 115 1,700 88 95 85 200 90

4

29 00 1 14 60 26 00 14 60 28 00 14 80 26 00 1600 33 00 43 00 110 00 21 00 32.00 11 50 1500 11 00 1700 11 00 17.00 65 00 100 00 44.00 100 00 75 00 250 00 46 00 11500 46.00 85 00 27.00 39 00 26 00 39 00 26.00 39 00 22,000 31,500 125 460 320 550 3,600 7,250 138 280 185 450 115 475 330 650 150 345

4 (Ml 13 80 10 00 13 80 900 10.00 1 I 80 900 1000 1700 925 10 25 38 00 26 00 28 50 11.00 19 00 10.00 7 50 10 50 7.50 1000 8.50 8.50 10 00 7.50 60 00 36.00 33.00 27 00 40 00 2500 40 00 68 00 36.00 22.00 20.00 42.00 22.00 42.00 20.00 25.00 18.00 20.00 19.00 24.00 17.00 19.00 24.00 17.00 15,750 - 17,250 20,000 95 115 87 190 290 170 3,300 2,000 2,200 95 128 88 170 95 105 88 95 105 300 240 265 140 130 120

7 50 7 50 7.50 900 26 00 9.00 700 7.00 7.00 24 00 20.00

*7 <10 31 00 31 00 36 <Mj 120 00 35 00 1H 50 18 50 110 00 110 00 275 00 125 00 95 00 4J00 43 00 43 00 14,500 500 600 8 UOO

300 500 525 700

R & S EXPERIMENTAL SILVER CERTIFICATES 1935 A *R* *1 1935 A ‘S* II

FR FR

1929 Ty 19291V. 1929 Ty. 1929 ty 1929 Ty. 1929 Ty 1929 TV. 1929 Ty. 1929 Ty. 19291V

FR FR FR FR FR FR FR FR FR FR

1800-02 1801-01 1801-02 1802-01 1802-02 1803-01 1803-02 1804-01 1804-02

1609 1610

57 55

63 60

67 67

73 73

72 75

80

85

110 110

95 95

85 85

120 120

200 195

145 135

130 125

SMALL SIZE NATIONAL BANK NOTES 1 2 1 2 1 2 1 2 1 7

>5 >5 >10 >10 *20 >20 >50 > 50 >100 >100

30 30 30 35 37 175 275 340 400

35 35 35 40 42 190 300 375 440

43 42 42 42 50 210 315 390 450

38 37 37 38 45 190 285 355 410

48 42 45 53 55 230 310 365 420

55 46 50 58 65 250 340 405 460

75 70 70 80 85 340 400 375 440

90 105 105 105 no 120 385 465 480 575

95 95 95 100 no 350 425 440 525

85 80 80 90 95 370 430 415 480

130 no 125 115 190 190 400 550 550 650

120 100 115 105 175 170 365 500 500 600

145 145 130 160 185 190 425 650 700 750

160 160 145 175 205 210 475 700 775 825

165 195 170 220 190 255 500 800 725 1,000

180 215 185 240 205 275 550 900 800 1,100

95 115 115 185 225

105 125 125 200 250

185 200 200

205 215 220 520 625

475 500 550 1,100 1,550

85 75 55 75 80 95 220 270 230 285 2,400 2,300 4,300 4,200 100K 115K 210K 265K 25 27 31 35 35 40 100 95 155 145 1,750 1,650 3,200 3,100 95,000 100K 82,500 80,000 16 16 28 27 31 30 80 80 150 145

95 80 105 300 310 2,525 4,600 125K 290K 30 38 44 105 160 1,800 3,400 110K 90,000 18 30 33 90 155

125 125 150 300 385 3,250 5,000 140K 315K 35 47 48 115 240 1,900 3,700 125K 105K 19 37 35 115 150

140 140 165 330 425 3,500 5,500 155K 345K 38 52 53 125 260 2,100 4,050 135K 115K 22 40 38 125 165

200 200 300 525 800 8,000 15,500 185K

105 525 440 460 1,500 750

125 900 700 1,000 2,600 1,700

135 1,000 775 1,100 2,850 1,850

145 120 135 125 200 200 450 625 625 735

130 no 125 115 180 180 410 575 575 675

310 325 325 325 685

340 370 350 350 750

IV IV IV

IV IV IV

IV IV IV

»V IV IV

1,500

1,650

IV IV IV

IV IV IV •V IV IV

SMALL SIZE FEDERAL RESERVE BANK NOTES 1929 1929 1929 1929 1929

*5 *10 *20 *50 *100

FR FR FR FR FR

1850 1860 1870 1880 1890

1928 1928 1928 1928 1928 1928 1928 1928 1928 1934 1934 1934 1934 1934 1934 1934 1934 1934 1950 1950 1950 1950 1950

>5 no *20 *50 1100 1500 11,000 15,000 110,000 *5 no *20 *50 *100 *500 *1,000 *5,000 *10,000 15 no *20 *50 *100

FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR

1950 a n 11 2050 2100 2150 2200 2210 2220 2230 1955 2004 2054 2102 2152 2201 2211 2221 2231 1961 2010 2059 2107 2157

39 ♦ 23 25 70 110

43 25 28 77 120

40 24 33 75 120

44 26 36 82 130

43 26 38 80 125

47 28 42 88 135

48 45 53 105 185

50 33 47 93 180

45 30 43 85 165

52 50 58 115 200

68 70 85 155 195

90 95 100 175 220

82 88 90 160 200

75 77 93 170 215

475 575

525 550 600 1,200 1,700

SMALL SIZE FEDERAL RESERVE NOTES 37.00 ♦ 40.00 40.00 + 22.00 24.00 24.00 + 26.00 27.00 24.00 68.00 75.00 75.00 110 120 125 750 750 675 1,600 1,450 1,700 20,000 22,000 28,000 35,000 40,000 40,000 10.00 11.00 10.15 14.00 13.00 13.10 21.50 22.50 21.75 60 56 55 112 106 105 700 775 750 1.55(1 1,300 1,425 20,000 22,000 27,500 32,500 35,000 37,500 ,v iv ~ IV IV IV « .* 12.50 11.75 11.50 IW <V IV A! V V IV IV iv IV IV IV M M <7 IV IV IV ™~~ ~~~ ~~~

44.00 26.00 30.00 85.00 135 825 1 875 37,500 44,000 11.15 14.10 22.75 61 113 825 1,700 37,500 42,000 V IV IV

42.00 + 46.00 26.00 28.00 29.00 32.00 80.00 90.00 135 145 1,000 1,100 2,000 2,200 45,000 55,000 60,000 70,000 11.25 10.25 14.20 13.20 21.85 23.00 58 64 108 115 875 800 2,000 1,800 40,000 50,000 47,000 42,500 IV IV IV

IV IV IV

48.00 30.00 30.00 95.00 145 1,200 2,400 51.000 80,000 10.35 13.30 22.00 60 110 900 1,900 50,000 47,500

53.00 52.00 33.00 33.00 33.00 35.00 105.00 115 155 155 1,350 1,500 2,650 2,900 61,000 56,000 90,000 100K 11.35 10.50 14.30 13.50 24.00 23.00 64 66 118 112 1,000 1,100 2,100 2,250 60,000 55,000 52,500 50,000 IV IV IV 6.50 13.25 12.50 IV -V IV 22.00 •V IV IV 55.00 IV IV -V no

IV IV IV

12.75

12.00

13.00

12.25

IV IV IV

IV V V

IV IV IV

IV IV IV

IV IV IV

IV IV IV

IV IV IV

IV IV IV

M IV IV

IV IV IV

IV IV IV

IV *V IV

65 57 63 57.00 46 50 36.00 42 60 75 38.00 55 200 125 165 180 170 180 200 210 2,100 2,200 1,650 1,900 3,900 3,200 3,200 3,600 72,000 90,000 66,000 62,000 110K 125K 135K 190K 11.50 15 17 23 14.75 22 19 28 25.00 25 28 32 70 77 70 90 120 125 140 140 1,200 1,300 1,400 1,600 2,475 2,500 2,750 2,900 65,000 60,000 70,000 87,500 55,000 55,000 65,000 72,500 + 7.25 13 15 14 14.00 20 ♦ 22 25 24.00 27 + 30 28 60.00 65 + 72 70 120 125 135 140

♦ + +

♦ ♦ ♦

220 220 330 575 900 8,800 17,000 200K

IV IV IV

~ ~ IV

65 80 120 210 390 4,000 5,250 160K 150K 40 75 73 160 275

75 90 135 230 430 4,400 5,750 175K 165K 45 85 80 175 300

365 2,500 2,400 2,500 5,750 4,550

400 2,750 2,650 2,750 6,250 5,000

WORLD WAR 1 1 EMERGENCY ISSUES HAWAII 1935 A *1 1934 *5 1934 A *5 1934 A *10 1934 120 1934 A *20 NORTH AFRICA (YELLOW SEAL)

FR FR FR FR FR FR

2300 2301 2302 2303 2304 2305

30 55 60 50 55 50

33 60 65 55 60 55

1934 A *5 1934 A 110 1934 no

FR FR FR FR

2306 2307 2309 2308

31 32 32 900

34 35 35 1,000

1928 1928 1928 1928

FR FR FR FR FR

2400 2402

70 80 185 300 2,250

77 88 205 330 2,450

IMS A Si

36 65 72 60 70 60

38 80 80 65 85 60

42 90 90 72 95 65

40 120 115 125 140 92

44 130 125 135 155 100

54 48 46 1,750

52 50 46 2,950

57 55 50 3,250

55 62 65 6,000

60 68 70 6,500

33 60 65 55 63 55 50 44 42 1,600 -

48 205 200 200 425 165

53 225 220 220 465 180

85 330 300 310 900 450

95 360 330 345 1,000 490

90 375 375 400 1,100 575

63 90 no 8,000

70 100 120 8,800

75 150 150 10,000

82 165 165 11,000

no 165 180 16,500

100 405 405 435 1,200 635

95 475 400 420 1,350 685

120 135 180 190 200 235 18,000 20,000

145 235 210 365 475 255 22,000 25,000

925 255 1,600 400 520 1,425 27,500 37,500

1.025 1,750 1,575 42,500

465 575 500 725 2,300 3,050 5,350 6,750 31,000 40,000 44,000

625 950 800 1,300 3,350 4,500 7,550 18,500 43,000 70,000 ^5.000

1,050 3,000 4,450 1,450 5,000 11,500 20,500 75,000 150K 80,000 85,000 150K

3.300 4,850 12,500 85,000 165K

SMALL SIZE GOLD CERTIFICATES *20 *50 1100 *500

a mm MN 2407

*5 85 205 375 8 COO

95 95 225 410 6,100

90 100 275 525 8,500 -

100 110 300 575 9,250

180 200 800 1,400 17,000 20,000 +

200 275 220 260 875 1,125 1,525 1,950 18,500 19,000

305 310 285 390 1,225 1,500 2,150 2,800 21,000 23,500

340 425 430 450 1,650 2,100 3.100 4,750 25,500 27,500 40.0

UNCUT SHEETS OF SMALL SIZE CURRENCY SERIES DENOMINATION 1928 1928 1928 1953

Number of FRIEDBERG NUMBERS Notes in sheet

SILVER CERTIFICATES 1928 *1 1994 n pm *5 1934 *10 < || j<r«* n 19S3 *8

MUriOIIAI 1 rl't 18 1 f-’t 11 1 • . .

» ;

1,700 2,300 860 2,900 775 775 1,000 3,300

2,200 3,000 1,250

3,200 5,250 500 550 625 3.000

8,000 800 900 675 1,000

1600-1605 1606 1650-1654 1607-1613 1613-1614 1655 1706

12 12 12 12 12 18 18 18

1,500 2,100 785 2,600 ' 0 700 900 mix.

FR FR

2100 2106

12 12

FR FR

1800 1801

6 6

1801

6

FR FR FR FR FR FR

WW 8 EMERGENCY ISSUES > - R,

15,000 1,200 1,220 850 1,300

12 12 12 18 18

FR FR FR

CUftfltMCV

CH CU 63 VCH CU 64 ASK LB1D_ASJLJ BID ASK 10,000 875 1,100 750 1,150

1500 1501-1508 1525-1531 1509 1532

FR PR

>1 >2 *5 *2

CU 60 BID ■*

A►

18,000 1,300 1,350 950 1,450

17,000 1,500 2,000 1,250 1,650

1,000 1,350 4,200

2,500 3,300 1,375 4,200 360 1,100 1,500 4,600

2,500 3,400 1,500 4.500 1,150 1,300 1,550

3,500 5 750

5,000 8,000

5,500 8,800

560 610 675 3,300

575 625

625 675

♦ ♦

3,300

www.cdnpublicatlona.com

GEM CU 65 SUPCU 67 ASK _BID_ ASK J

20,000 1,650 2,200 1,375 1,850

20,000 2,250 2,400 1,850 2,700

2,750 3,750 i ,650 4,950 1,275 1,450 1 750 5,700

6,500 9,350 600

+ ♦ ♦

3.500 _

_

BID

23,500 2,500 2,650 2,050 3,000

IV IV IV

3,000 4.800 1,950 6,000 1,350 1,700 2.650 6,500

3,400 5,300 2.150 6,600 1.500 i ICO 2.900 7 200

5,000

7.200 10,350

11,000 18,500

20 500

650 700 775

650 675 750 4.000

+

3,000 3,700 2,600 3,900

« .»

f

3,500 4,100 2.850 4,300 5.750 «. V V

3,000 10,000 1,950 2.300

3 300 11 000 2 150 2 550 •a - m

15,000

700 725 v •

_

*««


FEBRUARY 2011

the CURRENCY DEALER NEWSLETTER

MILITARY PAYMENT CERTIFICATES

PAGE

REPLACEMENT MILITARY PAYMENT CERTIFICATES

VG 8 FINE 12 | ERIES VF 20 XF 40 CU 60 AU 50 CH CU 63 | GEM CU 65 1 VF 20 XF 40 FINE 12 1 AU 50 CH CU 63 1 GEM CU 65 1 VG 8 CU 60 EN0MINATI0NI BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID eries 461 ssued /16/46 hrough /10/47

5c 10c 25c 50 c S1.00 $5.00 $ 10.00

eries 471 ssued /10/47 hrough /22/48

|

2.00 2.00 6.00 8.25 3.00 17.50 17.50

2.50 3.00 2.50 3.00 7.00 9.00 9.25 10.00 4.00 4.50 20.00 19.00 20.00 19.00

3.45 5.50 3.45 4.50 10.00 11.00 11.00 12.00 5.00 6.00 21.00 25.00 21.00 22.00

6.00 5.50 12.00 14.00 7.00 27.00 24.00

11.00 9.00 22.00 23.00 12.00 50.00 35.00

12.00 10.00 24.00 25.00 13.00 55.00 42.00

5c 10c 25c 50c $1.00 $5.00 $10.00 |

2.75 2.50 7.00 9.00 9.50 350 110

3.25 3.25 3.00 4.25 9.00 9.00 12.00 11.00 11.00 11.00 385 385 130 130

3.75 7.00 4.75 5.50 11.00 16.00 13.00 19.00 13.00 20.00 425 800 150 200

8.00 6.50 18.00 21.00 23.00 880 220

17 11 60 90 80 1.650 350

19 27 12 26 70 70 100 100 88 135 1,800 2,400 385 375

eries 472 ssued /22/48 irough /20/51

5C 10c 25c 50c $1.00 $5.00 $10.00

eries 481 ssued ,/20/51 hrough /25/54

20 23 33 46 38 75 70

22 25 36 50 42 85 77

40 45 90 100 80 185 155

30 55 28 50 80 150 170 110 150 190 2,650 4,750 650 410

45 50 100 130 90 205 175

50 50 100 140 100 215 200

60 60 115 155 110 235 220

60 65 120 195 180 300 280

70 75 130 215 200 1 345 320

110 100 800 425 160 700 525

60 60 55 60 165 165 185 190 210 230 5,250 5,250 700 750

66 73 65 85 185 225 210 285 255 330 5,750 9,000 850 1,950

80 450 93 575 250 1,300 315 ArArrv 365 600 10,000 AT .VAT 2,150 5,000

1.00 1.25 1.75 3.25 4.00 75 20

1.25 1.50 2.25 3.75 4.50 85 22

1.10 1.65 2.25 4.00 6.50 95 32

1.35 1.85 2.75 5.00 7.50 105 35

1.20 3.00 7.50 11.00 14.00 160 55

1.50 3.40 8.50 13.00 15.50 175 65

1.35 8.00 15.00 28.00 33.00 260 130

1.60 9.00 16.50 32.00 37.00 280 145

2.00 12 39 43 65 650 325

2.25 5.50 14 34 43 100 48 115 75 155 725 1,700 360 1,000

6.25 38 110 130 170 1,850 1,100

8.00 45 115 140 185 1,775 1,100

9.00 14.00 64 50 125 215 155 235 210 350 1,900 2,250 1,200 2,050

15.50 95 70 100 235 At rv rv 260 2,200 385 320 2,450 rv rv rv 2,250 rv rv rv

5c 10c 25c 50c $1.00 $5.00 $10.00

1.00 1.00 1.50 3.25 5.00 45 20

1.25 1.25 2.00 3.75 6.00 50 23

1.10 1.10 2.50 5.00 7.50 75 31

1.35 1.35 3.00 6.00 8.50 85 34

1.25 1.35 5.00 11.00 13.50 90 50

1.50 1.75 6.00 13.00 15.50 100 55

2.50 2.75 9.00 25.00 36.00 250 145

3.25 4.00 11.00 30.00 41.00 275 160

6.50 7.50 15 38 80 450 435

7.50 13.00 8.50 14.50 17 32 45 100 90 175 550 1,000 900 480

15.00 16.50 35 110 195 1,200 1,000

14.50 15.00 35 125 205 1,300 1,200

16.00 18.00 17.00 18.50 45 39 215 135 325 225 1,450 2,200 1,350 1,750

20.00 90 21.00 80 50 95 235 1,350 375 550 2,400 At Ar A. 1,900 rvrvrv

5c 10c 25c 50c $1.00 $5.00 $10.00

1.25 1.25 1.75 3.50 5.50 180 45

1.50 1.50 2.00 5.00 6.00 200 55

1.40 1.35 2.50 4.50 7.00 225 58

1.65 1.60 3.00 5.00 8.00 250 65

2.00 1.75 5.50 10.00 9.00 350 100

2.50 2.00 6.00 11.00 10.00 385 110

4.00 4.00 13.00 22.50 16.00 550 240

5.00 5.00 14.00 25.00 18.00 600 260

9.00 10.00 19 40 42 1,050 440

11.00 18 11.00 19 21 40 125 45 85 47 1,150 2,800 480 1,000

20 20 21 21 45 50 140 160 95 110 3,100 3,500 1,100 1,650

23 25 23 30 58 85 180 350 190 120 3,850 4,100 1,800 2,200

27 33 95 400 210 4,500 2,400

1.25 3.00 6.00

1.50 3.50 7.00

20.00

22.00

19.00 1,500 150

22.00 1,700 170

2.00 6.00 15.00 30.00 45.00 2,300 440

2.50 7.00 16.50 33.00 50.00 2,550 2,900 485 1,100

4.00 3.50 14.00 21.00 19.00 575 185

5.00 4.00 16.00 24.00 22.00 625 210

3.00 3.00 10.00 17.00

3.50 3.50 11.00 19.00

eries 52 ssued ./2S/54 hrough 1/27/58

ieries 541 ssued i/27/58 hrough >/26/61

series 591 Issued i/26/61 through 1/6/64

1.00 1.25 8.00 13.00 7.00 360 75

1.25 1.25 1.50 2.00 9.00 10.00 15.00 15.00 8.00 10.00 415 390 105 85

Series 611 Issued 1/6/64 through 1/28/69

5eries 641 Issued B/31/65 through 10/21/68

1.50 2.50 12.00

17.00 12.00

455 115

8.00

10.00

8.00

10.00

30.00 45.00 45.00 850 335

33.00 52.00 52.00 950 365

7.00 7.00

8.00 8.00

20.00

22.00

27.00 10.00 250 210

30.00 11.00 300 230

) 12,000 4,800

3,200 1,200

Series 651 Issued 4/28/68 through 11/19/73

Series 661 Issued 10/21/68 through 8/11/69

Series 681 Issued 8/11/69 through 10/7/70

120 60 120 55.00 1.00 24.00 22.00

60.00 1.50 28.00 25.00

65.00 65.00 2.50 2.00 32.00 35.00 29.00 28.00

70.00 3.00 40.00 32.00

38.00 32.00

70.00 4.50 47.00 46.00

75.00 5.50 53.00 53.00

2,200 8.00 9.00

1.15 1.15 2.00 2.25 2.25 16.00 43.00 45.00

3.50 4.50 7.50 13.00 20.00 130 115

1.40 1.40 2.50 3.00 3.00 18.00 47.00 50.00

Series 691 Unissued $1.00 $5.00 $10.00 $20.00 Series 692 Issued 10/7/70 through 3/15/73

5c 10c 25c 50c $1.00 $5.00 $10.00 $20.00

Series 701 Unissued $1.00 $5.00 $10.00 $20.00

rvrvrv

rv rv rv

725

700

850

rv a# rv

5,750 6,000

750 775 3,200

775 810

850 885

A. A. AT

At At A.

At At At

tv rv rv

900

1,000

rvrv At

rv rv rv

Ar A.

rv rv rv

rvrvrv

rv rv rv

rvrvrv

rv At At

AT AT rv

rv rv rv

rv rv rv

AT AT AT

Ar rv

rv rv rv

rv rv rv

At rv rv

rvrvrv

rv tv rv

725

875

1,400

1,600

V AT AT

tv rv rv

rv tv rv

rvrvrv

rv rv Ar

At Ar Ar

rvrv tv

Ar Ar rv

rv Ar rv

At At Ay

rvArrv

rvrvrv

rvrvrv

rv A. A,

AT At A.

1,500

1,650

rvrvrv

rvrv at

vrvrv

725 1,100 2,400

rv rv rv

rv rv rv

AT A, A,

rvrvrv

v rvrv

rvrvrv

rv rv rv

rvrvrv

tv rv rv

rv At Ar

1,600 2,900

1,800 3,200 3,200 5,900

3,500 6,500

v rvrv

At rv rv

rv rv A.

At At At

Ar rv rv

rv tv rv

vrvrv

rvrvrv

rv rv rv

At At rv

rv Ar rv

At rv At

v rv rv

rv rv rv

rv rv Ar

at rv rv

rv rv rv

AT A. AT

rv rv Ar

rv rv rv

At A. AT

At At rv

At At At

At At At

1,050

1,150

tv AT AT

rv tv rv

rv rv rv

rv rv rv

V AT AT

rv at Ar

rv rv rv

rv rv rv

rv rv At

At At At

rv rv rv

rv AT A.

rv rv rv

rvrv at

A. At rv

Ar At rv

Ar rv rv

rv rv Ar

rv rv rv

Ar Ar At

At rv rv

tv rv rv

7,000 8,500

9,500

rvrvrv

rvrvrv

rvrvrv

rvrvrv

rv Ar a/

AT Arrv

A, At A,

rv rv rv

rvrv A,

At A, At

rv rv rv

160 165

175 185

210 235

240 270

375 395

430 475

470 450

. 510 550

700 800

850 950

825 1,000

975 925 1,100 2,050

1,075 2,250

rv rv rv

rv rv rv

rv tv rv

rv tv rv

AT AT AT

rv rv Ar

rv rv rv

rvrvrv

rvrvrv

rv rv rv

A. rvrv

AT At At

At At A,

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At rv rv

5,300 650

rvrvrv

rv Ar rv

rvrvrv

rvrvrv

AT AT AT

Ar Ar rv

At At Ar

A, A. At

rv rv At

rv rv

rv A. A,

2,450 3,500 360 375

3,850 4,800 430 535

750

900

rvrvrv

rvrvrv

rvrvrv

rv rv rv

rv rv rv

at rv rv

tv rv rv

AT At AT

AT rv AT

rvrvrv

rv rv rv

rv rv rv

rvrvrv

A. rv rv

rvrvrv

rv A. rv

Ar rv Ar

100 90 105 1,500 675

14.00 120

280 270

310 300

rvrvrv

AT At AT

rv rv rv

AT <V A,

rv A. A.

rv rv rv

rv rv At

At AT At

A, A, rv

AT AT AT

A, A, AT

rvrv A,

A, rvrv

rv AT At

Ar A,

900 at rv rv 850 A* At rv 1,100 at rv rv

rvrv rv

rv rv AT

rv rv A,

rv rv rv

AT rv rv

Ar A. Ar

rvrvrv

tv rv A,

A* At At

rv rv rv

rvrvrv

AT AT rv

A, A, rv rvrv At

135 110 125

220 175 260

260 205 285

350 300 440

425 360 485

600 550 725

725 675 865

750 700 900

rv rv rv

rv rv rv

rv Ar rv

AT AT Ar

Ar Ar AT

rv At rv

rv rv rv

AT rv AT

rvrv AT

650

775

750

875

900

1,100

at

rv rv tv

AT A, A,

110 100 115

A. A. A,

At

rvrvrv

rvrvrv

A. AT AT

rv rv rv

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rvrv A.

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FEBRUARY 2011 INTRODUCING

BUYING - SELLING - TRADING

MICKY'S CURRENCY Micky Shipley

jhonecash.com

|_

Featuring the largest selection of US Currency Notes on the entire Internet. Over 1,000 US Currency notes online, all with large 2-sided color photos.

SPECIALIZING IN: Appraisals • U.S. National Bank Notes Large & Small Type Notes • Emergency Issues Gold Certificates • Legal Tenders

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P-O. Box 114* Devils Lake, ND 58301 Phone: 701 -230-0036 • E-mail: micky@gondtc.com

Secure Paypal accepted on site. No paypal fees. Free freight on orders over $2,500! Fast shipping!

Large size & Small size, Nationals, Stars, Errors, Fancy Serial Numbers, High Denoms & more. Layaway Available. YOU HAVE TO SEE THIS WEB-SITE! Top dollar paid for all $500 to $10,000 bills, Fast Pay!

email: jlwn@jhonecash.com (cell) 214-769-9936

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BUYING AND SELLING QUALITY COLLECTOR CURRENCY Colonial and Continental Currency Fractional Currency Confederate and Southern States Currency Large Size Currency and Small Size Currency Free pricelist available upon request

James Polis

Obsolete U.S. Notes

ANA-LM A SCNA-LM ^jr PCDA 7

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HUGH SHULL Dealer in Confederate & Obsolete Bank Notes.

web site: www.thecurrencyhouse.com PHONE: 386-574-4932 • FAX: 386-860-6896 E-mail: david@thecurrencyhouse.com DAVID MANLEY*PO Box 5429 DELTONA, FLORIDA 32728-5429 CALL, FAX, OR E-MAIL YOUR WANT LIST CONFIDENTIAL APPRAISALS BY APPT. ONLY

Paying Bid for the following: Fine and Very Fine Grade

NEW WEBSITE • COINS, PAPER, ANTIQUE GUNS & AUTOGRAPHS

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E-Mail: Jpolis7935@aol.com Member: PCDA, SPMC, FCCB. ANA

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Any 1880 Silver Cert 1891 $2 Silvers

APPRAISALS SELL

P.O. Box 2522, Lexington, SC 29071 PH: 803/996-3660 FAX No: 803/996-4885

ALL GOLD CERTIFICATES

BUYING BUYING

BUY

life member of ana and spmc

4501 Connecticut Avenue, N.W. Suite 306 Washington, D.C. 20008 (202) 363-6650 Fax:(202)363-4712

ALL US PAPER MONEY - STILL SPECIALIZING IN HIGH DENOMINATION NOTES $500 -$1,000 -$5,000 -$10,000

THE

BUYING! Indian Cents-Good & Better.85ea. V-Nickels-AG & Better No Cull.55ea. Barber Dimes-AG & Better.1.1 Oea. Barber Quarters-AG & Better.2.75ea. St. Lib. Quarters-4 Digits.2.50ea. Barber Halves-AG & Better.6.00ea.

We need Silver Dollars VG thru UNC Please Offer

STEINMETZ COINS AND CURRENCY, INC.

PO Bo* 31010 • Boston, Mass 02203

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914-242-6090 • Far 914-242 6091 GARY PARIETTI@A01.C0M WWW LINUMIS COM

U.S. CURREJVCY R U Y I

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a Everything!

dsteinco@aol.com

(800)334 3903

yLPMG PAPER MONEY GUARANTY

(404) 229-7184 U.S. Currency Box 779, Charlestown, RI 02813

Kent Robertson, Owner

Bringing security and peace of mind to currency collectors

877-PMG-5570 Paper Money Guaranty P.O. Box 4755 Sarasota, FL 34230

V___J

LARGE & SMALL SINGLES, HOARDS, COLLECTIONS, TYPE, NATIONALS & ERRORS Write - Call - Or Ship for Highest Price CARL BOMBARA*P O. Box 524 L*(ro New York, NY 10116*1212)989-9108

We Pay Top Dollar for All Your Paper Money! ★ We want to buy all your Large Size notefe; Common or Rare, VG to Highest Pop ★ We pay record prices for Top Population PCGS and PMG notes

Investment Portfolios • Estate Appraisals Jewelry & Diamonds • Scrap Silver & Gold Rare Firearms • Autographs & Antiques Real Estate Trades P.O Box 42 • Bedford Hills, New York 10507-0042

(fax) 972-317-3998

350 Centerville Rd. • Lancaster, PA 17601

Phone: 949.955.1250 • Toll-Free: 888.828.2646 Fax: 949.955.1824

www.SpectrumCoinsandCurrency.com

Jloncj Ostand ^Numismatics, One.

Denly's of Boston

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Contact Peter Treglla at

PeterT@SpectrumCurrency.com or call Toll-Free 888.828.2646

Greg Roberts • Andrew Glassman • Richard Gonzales • Dale Larsen Richard Melamed • Ryan Moretti • Paul Nuoget • Thad Olson Martin Paul • Kerry Pleropan • Don Severance • Peler Treglla

Facts #B04 • P.C). Box IKX23* Irvine, CA 93623


FEBRUARY 2011

r

WANTED

Quick, Confidential

LOANS

Paying Top Dollar for Better Issues of U.S. Type, Fractionals, Nationals, and especially Obsoletes

ON

U.S. & WORLD COINS PAPER MONEY GOLD - SILVER

SEND OR CALL LOR OUR BROCHURE

ALEX PERAKIS COINS & CURRENCY www. perakiscurrency. com Recipient of Krause Customer Service Award for over 15 years. Member in good standing Professional Currency Dealer Assoc., A N A. Life Member and CCCC.

4 ^^7/ II M/

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MEMBER

LICENSED BY THE BANKING DEPT. OF THE COMMONWEALTH OF PA.

Edelman's

Call in Pennsylvania 610-627-1212 • Fax 610-891-1466 or Arizona 520-544-7778; FAX 520-544-7779

301 OLD YORK RD. #3, JENKINTOWN, PA 19046

E-mail: apcd@msn.com

Established 1926

C2

(215) 572-6480

Buving and Selling

This ad space could be YOURS for only $35!

.

• Obsolete • Confederate

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• Large Type • Small Type

FOR MORE INFORMATION:

(310) 515-7369 • Fax (310) 515-7534

EXPOS

C.A.M.P. Invitational COIN SHOW

UNLIMITED

LONG BEACH

coin, stamp s commsrn

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Auctions by

P.R.E. (Peoples Right to Enjoy) SHOW

October 7, 8, 9,10, 2011

^

HERITAGE NUMISMATIC AUCTIONS

June 2

Monroeville Convention Ctr, Monroeville, PA

Official LB Expo Auctioneer

• Fractional Currency

SANTA CLARA

Visit our extensive Website at

WYOMING VALLEY COIN CLUB ANNUAL COIN SHOW

Edelmanscoins.com

Easy off Exit 57 PA turnpike on Bus. Rt 22

Coin, Stamp & Collectibles Expo

150 tables FREE PARKING - FREE ADMISSION

2011 April 15-17

Dealer Early Bird $75 - Call for invitation

www.VentPotter.com Hundreds of quality notes listed

8 Figueroa Street, Santa Barbara, CA 93101 Ph(805)962-9939/Fax(805)963-0827

with prices & photographs

www.EXPOSUNLIMITED.com

Saturday February 12, 2011 9am to 5pm &

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Sunday February 13, 2011 9am to 4pm

P.O. Box 10040

C.A.M.P. Invitational COIN SHOW

Z

March 25, 26, 27, 2011

0 H

Easy off Exit 57 PA turnpike on Bus. Rt 22 PARKING - FREE ADMISSION

Dealer Early Bird S75 - Call for invitation

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BUY - SELL

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Ph.619-298-0137 FAX: 619-298-7966

ALWAYS BUYING STERLING FLATWARE

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MR. NEFF - W.F.N. ENTERPRISES - CDN 5579B Chamblee Dunwoody Rd. #215 • Dunwoody, GA 30338 (770) 396-1787 • Fax (770) 395-6959

Member PCDA, SPMC, ANA, FUN

Mike Lettieri - 570-457-7795

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Saint Joseph's Oblates Rt. 315»Pittston. PA

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Expos Unlimited - A Collector's Universe Company

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Dealer set-up Thurs, October 6 3-8PM Kathy or John Paul Sarosi 814-535-5766 Coins And More Promotions, LLC www.sarosicoinshows.com

6455 W. ARCHER AVE. 773-566-7666

Marc Michaelsen, Inc $500 and $1000 Bills ion.com • high highdenomin ighdenomination.com denomlnation.com hig h d eno mi WWW nomination.co vv w vv ■ h i

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n A Numismatic Tradition O) Since 1933

We will pay more than anyone else for what we want. Check for yourself! We specialize in: - Gem and Rare Large Size Type - Gem and Rare Fractionals and Encased - Gem and Rare Colonials Meredith Hilton

Donald Kagin

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98 Main Street #201 • Tiburon, CA 94920 888-852-4467 office • 41 5-435-1 627 fax

CHICAGO, IL 60636 300-395-2246

high

d e n o in i n a (i o n t o m • b i g ito e n o m t n anon, c o m Buying correctly graded raw and third party graded high denoms. Also buying problem notes (ink, pinholes etc.) Please otter. High denomination star notes especially wanted. Premiums paid for earlier series 1928 and scarce Districts. High denomination gold certificates wanted in all grades. $5000 & $10,000 bills always in high demand. Please offer. ‘prices subject to change._

Marc Michaelsen, Inc P.O. Box 1949 Boca Raton, FL 33429

Phone: (561) 347-8300 FM9 on Certified Coin Exchange email: marc@hiahdenomination.com


FEBRUARY 2011

l.YN KNIGHT CURRENCY AUCTIONS

ST. LOUIS NUMISMATIC ASSOCIATION 47™ANNUAL COIN SHOW

Your Source for L'nited Stales and W orld Paper Money

February 18,19, 20, 2011 Friday 10:00AM-7:00PM • Saturday 10:00AM-7:00PM Sunday 10:00AM-4:00PM

LYN KNIGHT CURRENCY AUCTIONS is long known for its outstanding United States paper money events. Plan now on attending or consigning to one of our upcoming sales.

Dealer Set Up Thursday, 17th 3pm-7pm Early Bird Badges $35.00 * 110 DEALERS HILTON ST. LOUIS AIRPORT HOTEL 10330 Natural Bridge Road*St. Louis, Missouri 63134‘(Three minutes from airport) Rooms: 314-426-5500 Show Rates $80 Bourse: Mike Orlando 314-504-0503

KING OF CARSON CITY WEST Monaco Financial 4900 Birch St. Newport Beach, CA 92660 888-751-1933 949-206-8504 $ PNG www.zoomcoin.com .7““ www.kingofcc.com

Remember, we are always interested in quality items,

**00-243-5211 •

4 pc l/«oz.

Vuoz.

Need Boxes & Certs - $5 Comment -1995 5pc Set Buying Platinum Proofs — Call for Quotes.

Twin City Stamp & Coin RO. BOX 16237 • St Paul. MN 55116 651-633-3070 • Tom Miels Established 1947

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KD Currency, Inc.

913-338-3779

Specializing in U.S. High Denomination $500 $1000 $5000 $10,000 Federal Reserve Notes

Fax 913-338-4754 • lyn@lynknight.com PO Box 7364 • Overland Park, KS 66207

Currency Auctions

2pc Vioz.

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whether single notes or collections. We look forward to seeing you soon!

c^mQKtthfk

Buying Proof Gold Eagles loz.

BUV & SELL

WORLD BANKNOTES WANTED Military Payment Certificates Wanted

DAREN BARRV

TRI-STATE COIN and STAMP SHOW AND SALE

PO Box 698, Capitola, CA 95010 Ph: 831-475-6688 • Fax:831-475-7788

Holiday Inn / Ft. Washington, PA 55 TABLES FEBRUARY 27, 2011 10am-4pm

David E. Seelye Box 356, North Chili, NY 14514 Phone 716-630-0481 email thempcman@verizon.net

www.kdcurrency.com • Daren@kdcurrency.com

PA Turnpike, Exit 339 Ft. Washington, PA & 309 Expressway

Allen Brock-1-305-852-7678

America’s Most aggressive buyer of Rare & High grade Large & Small Size United States Paper Money •

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★ We want to buy all your Large Size notes, Common or Rare, VG to Highest Pop ★ We pay record prices for Top Population PCGS and PMG notes

Contact Peter Treglia at PeterT@SpectrumCurrency.com or call Toll-Free 888.828.2646

. ‘GjuJ/

■ GoldTuiiiH j/rr //■ //h

Phone: 949.955.1250 • Toll-Free: 888.828.2646 Fax: 949.955.1824 www.SpectrumCoinsandCurrency.com Greg Roberts • Andrew Glassman • Richard Gonzales • Dale Larsen Richard Melamed • Ryan Moretti • Paul Nugget • Thad Olson • Marlin Paul Kerry Pieropan • Don Severance • Peler Treglia

Facts #B04 • P.O. Box 18523 • Irvine, CA *>2623


the CURRENCY DEALER newsletter

the Greensheet a monthly report on the Currency Market published by the Coin Dealer Newsletter (est. 1963) -

Vol. XXXII No. 3

MARCH 2011

Single copy price: $5.00

RECOVERY PATTERNS CONTINUE MARKET REMAINS STABLE

ACTIVITY . . .across the market by Kevin Foley Those looking for emerging new trends over the past month will be disappointed. The market is moving largely sideways, with recent recovery patterns largely unchanged. It should be noted, however, that while dealers seem to once again be building inventories in anticipation of future sales - as opposed to withdrawing from almost any buying activity to defend against a marketplace collapse - there appears to be a division of strength between auction and private offerings. While it is perilous to engage in overly broad generalizations, the velocity of turnover evident in auction-based transactions is clearly stronger than evident in private transactions. In any market seeking to redefine values after moving off past highs, there is always a linger¬ ing doubt as to just where market levels really are at present. Auctions address this issue through the public Bidding format. Buyers learn ex¬ actly what the competition is willing to pay through the expedience of observing their Bids; a valuable category of information necessarily not available in a private transaction. Auction buyers benefit from ad¬ ditional information not available to those participating in the private transaction format. This additional information leads to increased confi¬ dence and tends to encourage more adventurous purchase offers based on the availability of that information. Quite simply, when one knows what others are willing to pay, a buyer has additional reference points to instill confidence that his value perception actually coincides with that of other real buyers. Third-party certification by PMG or PCGS Currency continues to grow in popularity, with such offerings moving down the price scale to penetrate the less expensive material in the Small Size Type field. Help¬ ing to create demand that might not otherwise exist for more common Type material in the Small Size Type field are efforts by the certification services to publicize rarity by prefix and suffix letter combinations at given grade levels, in addition to maintaining and disseminating such figures simply by individual Friedberg number. In a very real sense, the certification services are thus seeking to create collector demand for the product they offer by defining a new area for broader collector partici¬ pation based on a newly reported scarcity category.

LARGE SIZE TYPE NOTES Large Size Type continues to be the focal point of the widest buyer interest. Prices have recovered from the lows of 2008. While hardly ad¬ vancing at a fevered pace, they seem overall to be moving upward at the more modest percentages that typify a market reestablishing a basis of buyer confidence. Unlike the pre-2008 period of more vigorous ad¬ vances, where a multiplicity of buyers were quite happily willing to pay well in advance of reported Bid levels in anticipation of further price in¬ creases, CDN Bid levels are currently more reasonably related to actual transactions. Most noteworthy here, as in virtually every specialty area, is the strong sell-through pattern at auction, with completed transaction rates of 90%+ being the rule, rather than the exception. High sell-though rates typically indicate a balance between consignor and Bidder market level perceptions, with consignor reserves not preventing sales by virtue

of their inconsistency with the willingness of Bidders to actually write checks.

SMALL SIZE TYPE NOTES Unlike Large Size Type, where the very rarest material that had in the past commanded sometimes stratospheric prices, remains well off past highs, the highest priced material, primarily $5,000 and $10,000 Federal Reserve Notes, enjoys a healthy demand level. Such items, when offered at auction—something taking place with surprising fre¬ quency—typically surpass reserve levels and actually sell. In general, however, prices here are lower than in the Large Size Type area for ma¬ terial of comparable rarity and quality levels. As a consequence, activity in the private sale market is less often impaired by buyer uncertainty as to whether seller represented price levels are related to reality. Simply put, the consequences of making a mistake here are less severe than in the pricier Large Size Type area.

FRACTIONAL CURRENCY Price and demand levels remain well below those evident in the Large and Small Size Type specialties. Breakout results, however, con¬ tinue to be achieved at auction, especially when a name collection is of¬ fered. In general, levels continue to represent buying opportunities for value oriented buyers hoping to benefit from future growth in overall demand patterns. Fussy buyers continue to place upward price pres¬ sure on exceptionally well-centered Notes, regardless of scarcity. Scarce Friedberg numbers continue to cause excitement in this specialist domi¬ nated field, and when available, often achieve results that those who are less impressed by this specialty regard as surprisingly high.

NATIONAL BANK NOTES Recent patterns of collecting and demand remain in effect here. Na¬ tional Bank Notes are collected primarily by geographic area. A surpris¬ ingly small number of serious buyers typically constitute "the market" for any given state. As a result, really rare material from one state can often sell for much less than it "ought" to, while more available items from a state enjoying a wider base of demand can sell for considerably more. It should also be kept very much in mind that a population of an individual bank issue that would be regarded as scarce to rare in any other collecting area can be greeted with yawns by buyers here. While a population of 25 of a given item in other areas of numismatics would typically generate considerable excitement, the same known census for a particular National Bank Note is regarded as borderline common. Yet even such otherwise undistinguished material as aforementioned can sometimes generate unusually high results at auction when well-fi¬ nanced buyers contend with each other at auction. The September 2010 Stack's Philadelphia auction of New York National Bank Notes comes to mind, when results for any number of items regarded by the wider audience as not particularly scarce commanded premiums they will not likely achieve when again offered for sale.

MISCELLANEOUS Demand for areas not individually reported here by price level, such as Confederate and Obsolete, remain active across-the-board. Price lev¬ els remain low and enable buyers of ordinary means to participate and build meaningful collections. Guest commentary provided by Kevin Foley, P.O. Box 573, Milwaukee, WI53201, kfoley2@wi.rr.com, Phone /414) 807-0116

The Greensheet reports the national currency market on a monthly basis.


'the CURRENCY DEALER

COP> RIGHT 2011 Division ol CDN In

"the GreensheeC

HeWSlet ter

Reprint ol any part of any issue without permission is expressly forbidden by law. EXECUTIXE DIRKIOR MARKET ANALYST

Paulin* Miladin Stuart Segan

PUBLISHER & EDITOR CIRCULATION & ADVERTISING

Shane Downing Betty Morris

Hi* RKtNO DEALER NEWSLETTER reports the lutunul currenty market on a monthly basis. Under the present sys¬ tem. 4 * impossible to momb.tr all transaction* or offers to buy and sell, but the broad information sources of the Newsletter make it a xerv accurate reflection o# the market The prwe* in the Newsletter are from dealer-to-dealer transactions Subscription Rates 1 vear-V44. 2 yean»-$7B Advertising Rates $35 per column inch. Advertising space is limited; ads will be pieced in the first possible edition. Yhe Currency l dealer Newsletter (LSPS «UU7b^t>) is published monthly by CDN tnc., 18807 Crenshaw Place, Torrance, CA 90504Wit Peru sJteals puetage paid at Torrance, CA. POSTMASTER Send address changes to the Currency CValer Newsletter, P.O. Bus 1UMW. Torrance. CA 40510.

iv,».con

The CURRENCY "DEALER

P.O. Box 7939 '(ft# Greenaheti' newsletter Torrance, CA 90504-79 V) Phone- mo) 515-7369 www.cdnpublicationv.com • cdnwgreysheet.com _J please start sending me the Monthly CURRENCY DEAL IR Nl VVSl I 111R

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-

-...

Confederate Paper Money As the guns fell silent at the close of the US Civil War in the spring of 1865, troops from both Miles went home to rebuild their lives. Confederates were saddled with great destruction, an occupying Union army, prohibitive new taxes, and a worthless currency, shunned with bad memories or kept as mementoes of a lost cause. Union troops also brought back mementoes including the curious, now seemingly worthless Confederate Paper Money. In the young field of American numismatics, Confederate Paper Money collecting took hold immediately, primarily in the wealthier northeast. One of the first sales of Confederate Paper Money was held by W. Elliot Woodward in New York City on December 10, 1865. A $1,000 Montgomery issue Confederate Note brought $4.75 and a similar $500 bill yielded $2.50. Only American colonial coins and Paper Money along with US Large Cents and Half Cents had a significant earlier collecting tradition. The Confederate States of America began in early 1861 with much fanfare and a great deal of hope of independence. One of the first acts of its provisional congress was to authorize funding the government with bonds and the creation of Paper Money, starting with Large Denomination, interest bearing Notes. This Montgomery issue was printed by the National Bank Note Company in New York City and was cut short upon the outbreak of hostilities at Ft. Sumter, South Carolina on April 12, 1861. Only 607 $1,000 and $500 and 1,606 $100 and $50 Notes were issued. Many were redeemed within the year and others saved. Today, these are highly sought and are very scarce with 118 surviving $500, and up to 179 $100 Notes currently identified.

The rarest Confederate Type Note - Hoyer b Ludwig's Eagle and Shield - Criswell Type 27.

The Montgomery issue was quickly supplemented by more interest bearing $50 and $100 Notes printed by the "Southern" Bank Note Company (renamed American Bank Note Co) in New Orleans, Louisiana. Additionally, Secretary of the Treasury, C.G. Memminger, sought out other suppliers to fulfill the new, much larger authorization of Paper Money of May 16, 1861. He settled on a Richmond ,Virginia firm, Hoyer & Ludwig and also had a short relationship with another New Orleans printer, Jules Manouvrier. The Hoyer & Ludwig Notes were much cruder than the high-quality previous issues and were issued in much larger quantities. $100, $50, $20, $10 and $5 denominations were authorized, leaving smaller change Notes to the States and local currencies. The $10 and $5 denominations were quickly and heavily circulated as demand for small change drove their use. Today, they are very rare in higher grades. Memminger soon realized that the Confederacy needed a much greater quantity of money, and Congress authorized $100 million with the Act of August 19, 1861 creating the vast Third Series of Confederate Paper Money. Dated September 2, 1861 and printed and issued from September 1861 through January 1863, these Notes offer some of the most beautiful currency in American history. Many printers were utilized, including Hoyer & Ludwig, Southern Bank Note Company, Keatinge & Ball, and Blanton Duncan. The rarest Confederate Type Note, the Hoyer & Ludwig Eagle and Shield $10 Note, currently has 105 tracked in the census. Its sheet mate, the rare

Superb Crisp Gem Crisp Very Choice Crisp Choice Crisp Crisp Almost

The famous 1864 issue "Stoneioall jackson " $500 Confederate Type Note - Crisiuell Type 64.

and popular Indian Princess, currently stands at 131 known. The Fourth Series finally authorized smaller change Notes, $1 and $2, along with 7.3% interest bearing $100 Notes. The latter come in two major designs—one with a train vignette and the other design, slaves hoeing cotton. These are some of the most popular Notes to collect today, by variety, issuing person and place on the back, or by interest paid and other stamps also found on the back. These were issued up through January 1863. To purchase $1 worth of Gold, it took $3.10 in Confederate money at the end of January 1863. During the 1861-1862 period, the vast array of designs of Confederate Paper Money, many of which were easy to reproduce, encouraged counterfeiters to ply their trade. The most notorious of these was Samuel Upham in Philadelphia with his "souvenir" or "facsimile" Confederate Paper Money. By the fall of 1862, it became a crisis to some degree with many in the Confederate financial community in something of an uproar for the government to do something. Various communiques, stamps, and advertisements to educate the public and threaten counterfeiters were tried. But the most effective measure was to standardize the currency designs with the Act of October 13, 1862 which authorized $90 million. All designs were engraved by Keatinge & Ball (the Confederacy's highest quality engraver and printer). This Act was quickly followed by the Act of March 23,1863 authorizing $50 million more using the same designs, but adding the 50c Note and using monthly date stamps to indicate the date a Note was issued. Over $500 million of this Series was printed. Counterfeiting waned to some degree, but was never completely eradicated. The final series of Notes issued was the well-known Seventh Series dated February 17,1864. These Notes are known well beyond collector circles and are readily recognizable with their red faces and blue backs (on most of the denominations). To purchase $1 in Gold at the beginning of this Series it took about $20 in Confederate Paper Money, illustrating the inflation of the previous year. By Lee's surrender in April 1865, $80 of Confederate Paper Money would be required to buy $1 in Gold, and within a month, that rose to $1,200 before trading halted in early May 1865. Today, collecting Confederate Paper Money remains popular and easy to do. While a complete Type set of 70 regular issue Notes runs between $150,000 and $500,000 for most sets, interesting and fun to collect short-sets may be assembled for far less. For example, a collection of nine different denominations of 1864 Notes would run from several hundred to a couple thousand dollars depending on grade. Other popular approaches to collecting include rare varieties, particularly errors and watermarked Notes, various signatures and stamps on the backs of the 7.3% $100 Notes, counterfeits, and interesting contemporary and post-war signatures and stamps on Confederate Paper Money. The old-timers in the late 19th century collected Types, varieties and plate letter-number sets.

Pierre Fricke P.O. Box 52514 • Atlanta, Georgia 30355 Cell (404) 895-0672 • pfricke@csaquotes.com

GRADING

Sight-Seen wholesale prices are for accurately graded Notes - Certified or Raw.

Uncirculated-67 Uncirculated-65 Uncirculated-64 Uncirculated-63 Uncirculated-60 Uncirculated-50 Extra Fine-40 Very Fine-20 Fine-12 Very Good-8

A nearly flawless Note with perfect centering. Full wide margins all around. Colors are totally bright, crisp and vibrant. Quality is outstanding. An almost perfect Note. Better than average margins. No aging or fading. A bright Note that's slightly below Gem quality. Margins and color are above average. A Note that may have slight centering problems. A nice new Note but not quite Gem. Centering may tie a little off. May show some aging or light counting smudges or wrinkles. No trace of circulation. Can have centering problems, pin holes, counting smudges, wrinkles, close margins, or a corner tip fold (not into design). (Almost new) These will be much the same as a "new" Note except for a single fold or several corner folds. Circulated; may have some folds; still has some crispness. Some circulation; may show several folds and will have lost some of its crispness and color. Well-circulated with little crispness remaining; edges may be rough. Will be fairly well-soiled; may be significantly worn; might have roughness around the edges with only minute problems.

Use of the Friedberg numbering system is by license granted by the Coin and Currency Institute, Inc. Publishers of Paper Money of the United States, P.O. Box 1057, Clifton, N.J. 07014


MARCH 2011 SERIES DENOMINATION Continental Connecticut W/Hole Connecticut No Hole Delaware Georgia Maryland Massachusetts W/Hole Massachusetts No Hole New Hampshire W/Hole New Hampshire No Hole New Jersey New York North Carolina Pennsylvania Rhode Island South Carolina Vermont Virginia

the CURRENCY DEALER NEWSLETTER CONTINENTAL Si COLONIAL CURRENCY

FRIEDBERG NUMBERS 1-102 cc CT 1-240 CT 1-240 DE 1-92 1-131 GA MD 1-138 MA 1-289 MA 1-289 NH 1-185 NH 1-185 NI 1-218 NY 1-237 1-215 NC 1-272 PA 1-301 RI 1-192 SC 1-8 VT VA 1-225

FINE 12

VG 8

VF 20

BID 50 37 55 60 280 45 33 95 185 650 60 60 65 48 53 95 6,750 85

ASK 57 42 65 70 315 50 36 105 200 700 67 67 75 53 58 105 7,500 95

BID 63 43 70 70 340 55 35 110 205 775 68 80 85 51 55 135 8,500 115

ASK 70 48 80 80 375 60 38 120 225 850 74 88 95 56 60 155 9,500 125

BID 90 46 84 85 360 70 43 130 230 1,000 85 105 95 55 62 185 13,500 125

1,400 1,800 2,600 5,000 22,000 40.000

2,000 5,500 44,000

3,400 11,000 82,500

XF 40

ASK 100 50 93 95 400 80 47 145 250 1,100 95 115 105 60 70 205 15,000 135

BID 105 50 120 115 650 95 56 170 275 1,350 100 135 145 78 70 250 19,000 180

AU 50

ASK BID 115 140 56 57 130 140 130 140 700 925 105 155 61 63 190 210 300 315 1,500 1,775 110 130 150 165 160 185 84 100 80 80 275 275 21,000 * * * 200 295

CU 60 ASK BID ASK 155 210 230 65 80 88 150 200 180 155 180 200 1,000 1,850 2,050 170 260 285 68 80 88 230 260 285 350 625 575 1,950 2,400 2,650 140 160 175 180 205 225 200 230 250 140 110 130 110 88 100 300 355 385

PAGE 3

CH CU 63

VCH CU 64

GEM CU 65

BID 275 90 260 230 2,500 305 100 310 635

ASK 305 100 285 255 2,750 340 110 345 700

BID 315 120 300 275 2,750 340 125 400 1,050

BID 400 145 325 400 3,750 420 175 750

r\j nj r\i

m ai iv

IVMIV

190 320 240 165 110 385

210 350 260 180 120 415

230 340 255 205 165 410 ft, ft,

ft, ft, ft,

/v ft/ ^

/\j f\j r\j

ft, ft, ft/

ft, ft, ft,

320

420

460

550

600

43,000 44,000 140K

48,000 49,000 155K

50,000 55,000 170K

750

ASK 345 130 330 300 3,000 375 135 440 1,150

ASK 435 160 355 450 4,125 460 190 825

^ ~ ft, ft, ft,

SUP CU 67 1 ASK 880 375 1,100 1,100

BID 800 340 1,000 1,000

n, iv V

IV IV IV ft, ft, ft.

ft, ft, ft, ft, ft, ft,

ft, ft/ ft/

ft, ft, ft.

ft/ ft/ ft.

ft/ ft, ft.

ft/ ft, ft,

ft, /V ft,

ft, ft, ft,

ft, ft, ft,

365 400 340 225 210 450

400 440 375 245 230 485

725 1,075 450 400 370 890

800 1,175 550 440 410 975

ft, ft, *,

IVIVM

ft, ft, /v

ru /v ft.

1,050

1,150

ft, ft, /«

75,000 85,000 110K 80,000 205K 235K

95,000 120K 260K

zzz

250 375 280 225 180 450 n* ~

825

I

DEMANO NOTES 1861 $5 1861 $10 1861 $20

FR FR FR

1-5 6-10 11-15

1,250 2,350 20,000

1862 $1 1862 $2 1862-3 $5 1862-3 $10 1862-3 $20 1862-3 $50 1862-3 $100 1869 $1 1869 $2 1869 $5 1869 $10 1869 $20 1869 $50 1869 $100 1874 $1 1874 $2 1874 $50 1875 $1 1875 $2 1875 $5 1875 $10 1875 $20 1875 $50 1875 $100 1878 $1 1878 $2 1878 $5 1878 $10 1878 $20 1878 $50 1878 $100 1880 $1 Ig. seal; red nos. 1880 $1 lg. seal; blue nos. 1880 $1 sm. seal 1880 $2 lg. seal; red nos. 1880 $2 lg. seal; blue nos. 1880 $2 sm. seal 1880 $5 lg. seal; red nos. 1880 $5 lg. seal; blue nos. 1880 $5 sm. seal 1880 $10 lg. seal: red nos. 1880 $10 lg. seal; blue nos. 1880 $ 10 sm. seal 1880 $20 lg. seal; blue nos. 1880 $20 sm. seal; blue nos. 1880 $20 sm. seal; red nos. 1880 $50 lg. seal 1880 $50 sm. seal 1880 $100 lg. seal 1880 $100 sm. seal 1901 $10 1907 $5 1917 SI 1917 $2 1923 $1 1923 $10

FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR

16-17 41 61-63 93-95 124-126 148-150 165-167 18 42 64 96 127 151 168 19 43 152 20-26 44-47 65-68 97-98 128 153 169-170 27 48-49 69 99 129 154 171 28-30 31-33 34-35 50-52 53-54 55-56 70-72 73-78 79-82 100-102 103-109 110-113 130-139 140-145 146-147 155-161 162-164 172-178 179-182 114-122 83-92 36-39 57-60 40 123

145 300 335 480 1.250 6,000 12,500 210 345 180 340 1,100 6,450 6,800 95 185 2,500 73 165 105 475 525 125K 5,500 80 145 105 310 465 2,450 4,200 90 300 85 90 625 90 95 87 82 215 220 210 275 225 185 1,650 1,550 3.900 3,200 400 65 40 50 75 475

3,700 15,000 12,000 23,000 115K 90,000

16,500 30,000 25,000 32,000 125K 125K

, •; (ii 1.1 35,000 135K

55,000 65,000 60 'HIM 70,000 190K 185K

ft/ ft/ /V

U.S. NOTES CLEGAL TENDER) 160 335 370 540 1.375 6,600 14,000 230 375 195 375 1,200 7,000 7,600 105 205 2,750 80 180 115 525 575 135K 6,000 90 160 115 340 515 2,700 4,600 100 330 95 100 675 100 105 97 90 235 240 230 300 250 205 1,800 1,700 4.300 3,500 440 70 + 44 + 55 82 525

260 460 395 850 1,750 13,000 27,500 375 525 385 585 1,650 17,000 14,000 145 325 4,500 100 330 150 950 975 185K 13,000 115 305 175 575 600 4,200 7,500 140 425 110 120 925 115 150 150 105 400 365 350 365 320 275 3,250 2,700 7.250 6,000 515 115 60 60 115 1,000

+ + + +

285 500 430 925 1,950 14,500 30,000 405 575 415 640 1,800 19,000 15,500 160 355 5,000 110 360 165 1,050 1,075 205K 14,500 125 335 195 625 660 4,600 8,500 155 465 120 130 1,025 125 165 165 115 435 400 380 400 350 300 3,550 3,000 8,000 6,600 565 125 65 65 125 1,100

435 900 525 1,300 3,250 27,500 45,000 575 1,150 700 850 3,200 35,500 24,500 250 575 5,750 160 510 275 1,650 1,375 225K 24,000 200 475 330 750 850 7,500 12,500 200 685 180 210 1,575 145 285 300 130 575 650 450 550 365 365 5,000 2,850 15,000 11,500 700 125 70 + 70 + 135 2,700

475 975 575 1,425 3,550 30,000 50,000 625 1,275 825 925 3,500 39,000 27,000 275 625 6,300 180 560 300 1,800 1,500 250K 26,500 220 525 365 850 925 8,250 13,750 220 750 200 230 1,750 160 310 330 145 625 710 500 600 400 405 5,500 3,150 16,500 12,500 775 135 75 75 150 3,000

740 1,950 825 2,400 5,250 45,000 60,000 1,450 2,800 1,250 1,475 4,750 65,000 40,000 525 1,050 7,400 335 750 425 1,950 2,000 300K 36,000 340 625 500 1,200 1,150 12,500 17,500 330 1,225 265 375 3,800 235 485 475 240 825 850 800 1,150 800 725 6,500 6,400 28,000 23,500 1,900 300 105 120 265 4,250

815 2,150 900 2,600 5,750 50,000 70,000 1,600 3,100 1,375 1,650 5,250 71,000 44,000 575 1,150 8,100 360 825 475 2,150 2,200 325K 40,000 375 675 550 1,300 1,250 14,000 19,500 365 1,350 290 410 4,200 260 535 525 265 900 950 875 1,250 875 800 7,100 7,000 31,000 26,000 2,075 325 115 130 290 4,650

1,075 2,550 1,150 2,750 7,000 85,000 85,000 1,950 3,850 1,950 2,200 7,750 90,000 70,000 750 1,275 10,500 550 1,000 525 2,500 2,400 325K 55,000 575 800 650 1,850 1,650 20,000 2.4,000 525 1,850 420 550 5,000 400 600 550 325 1,200 1,200 1,050 1,500 1,050 1,000 8,750 8,500 43,500 28,500 2,550 340 135 170 375 5,800

1,175 2,800 1,250 3,000 7,750 93,000 95,000 2,150 4,250 2,150 2,400 8,500 100K 77,000 825 1,375 11,500 600 1,100 575 2,750 2,650 350K 65,000 625 880 710 2,050 1,800 22,000 26,500 575 2,050 460 600 5,500 440 675 600 360 1,325 1,300 1,150 1,650 1,150 1,100 9,500 9,300 47,500 31,000 2,800 370 150 185 410 6,350

1,400 2,900 1,175 3,200 8,250 110K 95,000 2,350 4,400 2,100 3,250 10,250 100K 80,000 975 1,450 19,000 685 1,225 750 3,000 2,750 375K 65,000 640 1,125 950 3,050 1,950 25,000 26,500 600 2,300 625 700 5,750 750 775 700 500 1,450 1,350 1,350 1,700 1,400 1,150 10,100 10,000 55,000 34,500 3,450 385 170 230 500 6,750

1,550 3,200 1,275 3,500 9,000 120K 105K 2,600 4,800 2,300 3,550 11,250 11 OK 88,000 1,075 1,600 21,000 750 1,350 825 3,300 3,000 405K 75,000 700 1,225 1,050 3,350 2,150 27,500 29,000 650 2,550 685 775 6,250 825 850 775 550 1,600 1,500 1,500 1,850 1,550 1,250 11,100 11,000 60,000 37,500 3,800 425 190 250 550 7,500

1,800 2,000 3,500 3,800 1,925 2,125 5,250 4,750 10,000 11,000 225K 250K 145K 155K 2,450 2,700 5,200 5,700 2,250 2,450 4,600 4,200 13,750 15,000 130K 145K 120K 130K 1,375 1,275 1,700 1,875 39,000 35,000 775 850 1,700 1,550 1,000 1,100 6,250 5,750 3,500 3,850 440K 400K 80,000 70,000 850 925 1,600 1,450 1,150 1,250 4,300 3,900 2,850 2,600 40,000 44,000 35,500 32,500 690 630 3,200 2,900 800 900 800 875 9,200 8,300 825 900 900 825 900 1,000 575 525 1,800 1,650 1,550 1,700 1,650 1,500 2,075 1,875 1,750 1,600 1,650 1,500 15,000 13,750 15,000 13,750 77,000 70,000 45,000 41,000 4,400 4,000 440 400 180 200 290 265 585 640 7,900 J650

2,100 5,300 2,600 7,000 13,000 /%/ /\/ /%/ 175K 3,850 7,900 3,600 5,250 20,000 160K 140K 1,850 2,300 60,000 820 1,950 1,050 7,700 4,450 425K 80,000 1,050 1,850 1,450 5,750 2,750 62,500 37,500 675 3,750 875 1,300 13,500 900 950 925 575 2,000 1,700 1,600 2,000 1,950 1,700 14,750 16,250 75.000 50,000 4,850 490 200 315 625 10100

2,300 5,850 2,850 7,600 14,500 /w ft/ /v 195K 4,250 8,700 3,850 5,750 21,850 175K 155K 2,050 2,550 66,000 900 2,150 1,150 8,500 4,850 475K 90,000 1,150 2,025 1,600 6,300 3,050 70,000 42,500 750 4,100 975 1,425 15,000 1,000 1,050 1,000 625 2,200 1,850 1,725 2,200 2,150 1,850 16,000 17,750 82,000 55,000 5,250 540 220 345 685

4,600 8,000 2,750 17,500 + 16,500 /v /v /v 210K 7,300 13,500 4,350 10,000 34,000 195K 175K 2,500 4,250 90,000 1,350 2,700 1,800 16,000 7,350 500K 100K 1,675 3,450 2,000 8,500 3,750 95,000 55,000 1,100 5,500 1,000 2,100 30,000 1,350 2,500 1,400 1,150 3,400 2,750 2,500 4,000 3,500 2,900 15,750 20,000 95,000 70,000 6,800 640 375 460 850 12^00

5,000 8,800 3,000 19,000 18,000 /v «v ru 230K 8,000 15,000 4,750 11,000 37,000 215K 190K 2,750 4,650 100K 1,450 3,000 1,950 17,500 8,050 550K 110K 1,800 3,750 2,200 9,500 4,150 105K 60,000 1,200 6,000 1,100 2,300 33,000 1,450 2,750 1,550 1,250 3,750 3,000 2,750 4,400 3,850 3,200 17,250 22,000 105K 77,000 7,500 700 415 500 920 \3mo

16,500 15,000 19,500 17,500 9,250 8,500 27,500 25,000 35,500 32.500 A. />/ /V /v /v rw «/ ft. ft. /v /v /w 22,000 20,000 32,000 28,750 9,250 8,500 20,000 + 22,000 62,500 + 68,500 ft, ft, ~ /^ /v /v 250K 225K 6,000 5,500 8,800 8,000 155K 145K 3,250 3,000 4,900 4,500 4,650 4,250 26,000 23.500 15,000 13,500 fti /v /w ft, «/ /v ^ ft, ^ ^ /v /« 4,650 4,250 8,000 7,250 4,700 4,300 19,500 21,500 12,000 11,000 ^ ft. /%, ^ «/«/ ^ /V ^ ^ ft. ft. 3,450 3,150 20,000 22,000 3,000 2,750 4,600 4,200 66,000 60,000 3,700 3,400 4,200 4,600 3,600 3,300 2,450 2,200 7.150 6,500 7,150 6,500 4,750 4,300 11,000 10,000 7,400 6,750 5,000 4,500 35,500 38,500 38,000 35,000 ft, ^ /V /V ~ ft. 15,500 1,800 1.175 1,700 2,750 2^)0()

17,000 1,950 1,275 1.875 3,000 27^00

COMPOUND INTEREST TREASURY NOTES 7,100 11,750 15,000 27,000 50,000 65,000 77,000 90,000

13,000 30,000 70,000 100K

21,000 35,000 75,000 95,000

23,000 30,000 38,000 39,500 82,000 80,000 105K 105K

50,000 60,000 90,000 120K

55,000 55,000 65,000 65,000 100K 95,000 135K 125K

60,000 70,000 70,000 80,000 115K 105K 140K

77,000 88,000 125K

8,300 38,500 125K 200K 1,375 2,100 9,500 9,500 55,000 1,100 3,100 3,000 3,150 5,750 11,000 95,000 1,950 4,300 8,600 475 400 320 825 2,100 2,650 80 3,100

9,100 42.500 135K 220K 1,500 2,300 10.500 10,500 60,000 1,200 3,400 3,300 3,450 6,250 12,000 105K 2,150 4,700 9,400 525 440 350 900 2,300 2,900 90 3,400

11.500 48.500 155K 265K 2,175 2,400 13.500 15.500 70,000 1,300 4,200 3,550 4,550 9,600 16,500 130K 2,350 5,000 10,000 750 530 400 1,150 2,950 4,100 100 4,175

18.500 60,000 225K M"iR 2,250 3,500 16,000 27.500 87,500 1,650 7.500 5.500 7,300 17,250 25,000 160K 2,500 5,800 13,000 825 615 520 1,435 4,600 7,100 125 5,800

20,500 65,000 250K 330K 2,475 3,850 17,250 30,000 97,500 1,800 8,250 6,000 8,000 19,000 27,500 175K 2,750 6,300 14,250 900 675 570 1,575 5,000 7,800 135 6,350

35,000 80,000 300K

38,000 87,000 330K

6,600 5,825 50,000 47,500 120K 4,800 13,750 12,000 17,500 47,000 55,000 200K 7,250 16,000 20,000 2,500 1,125 1,225 3,500 9,200 15,000 440 15,000

7.200 6,325 55,000 52,500 135K 5.200 15,000 13,000 19.500 52,000 60,000 220K 8,000 17.500 22,000 2,750 1,225 1,375 3,800 10,000 16,500 485 16,500

4,750 10,100 11,750 25,000 7,600 12,000 8,000 17,000 20,500 33,000 1,275 900 3,250 2,875 3,200 2,550 4,400 3,950 13,250 17,000

11,100 27.500 13,000 18.500 36,000 1,375 3,575 3,500 4,800 18,500

18.500 42.500 23.500 28.500 62.500 2,750 6,250 6,800 11,000 37,500

20,000 46.500 25.500 31,000 68.500 3,000 7,000 7,500 12,000 41,000

INTEREST BEARING NOTES 18,000 24,500 27,500 I 40,000

27,000 31,000 44,000 |57,500

REFUNDING CERTIFICATES SILVER CERTIFICATES 1880 1880 1880 1880 1886 1886 1886 1886 1886 1891 1891 1891 1891 1891 1891 1891 1896 1896 1896 1899 1899 1899 1899 1899 1908 1923 1923

$10 $20 $50 $100 $1 $2 $5 $10 $20 $1 $2 $5 $10 $20 $50 $100 $1 $2 $5 $ 1 date above $1 date below $1 date right $2 $5 $10 $1 $5

FR 287-290 FR 309-312 FR 325-329 FR 338-342 FR 215-221 FR 240-244 FR 259-265 FR 291-297 FR 313-316 FR 222-223 FR 245-246 FR 266-267 FR 298-301 FR 317-322 FR 330-335 FR 343-344 FR 224-225 FR 247-248 FR 268-270 FR 226 FR 226A-229 FR 230-236 FR 249-258 FR 271-281 FR 302-304 FR 237-239 FR 282

1,100 2,000 3,850 5,250 130 240 635 475 1,275 140 210 245 185 485 1,250 4,100 100 315 575 90 55 55 88 300 255 20 480

1,650 1,200 2,200 3,200 4,250 8,500 5,750 14,000 145 200 450 265 700 1,025 800 525 1,375 3,000 180 150 330 230 350 270 425 205 535 825 1,375 1,850 4,500 7,000 250 110 500 345 600 625 105 100 92 60 92 60 150 95 340 330 410 280 22 22 52!

1890 1890 1890 1890 1890 1891 1891 1891 1891 1891

$1 $2 $5 $10 $20 $1 $2 $5 $10 $20

FR FR FR FR FR FR FR FR FR FR

170 325 220 475 1,450 90 200 215 275 1,600

185 350 240 525 1,600 100 220 235 305 1,750

1,800 2,600 6,750 3.500 9.500 22,000 15.500 25,000 300 220 600 500 1,950 1,150 1775 900 5,500 3,300 315 200 625 360 675 385 775 465 1,050 900 3,250 2,000 7,700 18,000 275 275 750 550 1,850 675 115 115 110 100 105 100 180 165 440 375 675 450 33 24 550 850

2,850 7,350 24,000 27,500 330 650 2,100 1,950 6,000 345 675 750 850 1,150 3,550 20,000 300 825 2,000 125 120 115 200 480 740 36 950

4,500 10,000 46,000 60.000 500 1,275 4,350 3,800 14,500 500 1,500 1,200 1,350 2,600 5,800 30,000 685 2,500 4,250 210 175 165 340 1,000 1,150 45 1,800

4,950 11,150 50,000 70,000 550 1,375 4,750 4,150 16,000 550 1,650 1,325 1,475 2,850 6,300 33,000 750 2,750 4,600 230 195 180 370 1,100 1,250 50 2,000

6,000 22,000 70,000 120K 1,050 1,800 6,500 6,000 32,000 650 2,150 1,700 1,850 3,500 7,200 55,000 1,000 3,800 6,300 240 205 205 635 1,600 1,!,500 57 2,350

6,650 6,500 24,000 28,500 110K 77,000 175K 135K 1.300 1,150 2,000 2,000 7,200 7,100 7.300 6,500 36,000 50,000 725 1,000 2,750 2,350 2,550 1,850 2,800 2,000 4,750 3,800 8,500 7,900 62,500 75,000 1,700 1,100 4,150 4,100 7,200 6,900 335 265 285 225 285 225 800 700 1,950 1(750 1,950 1,650 70 62 2,900 2,550

7,300 32,500 120K 195K 1,450 2,200 7,900 8,000 55,000 1,100 3,000 2,800 3,100 5,250 9,500 85,000 1,850 4,550 7,900 365 315 315 875 2,100 2.150 78 3.150

TREASURY NOTES OR COIN NOTES 347-349 353-355 359-361 366-368 372-374 350-352 356- 358 362-365 369-371 375

375 725 375 750 2,750 140 385 335 525 2,400

415 800 415 825 3,025 155 425 370 575 2,700

485 1,350 850 1,300 5,000 210 700 600 875 450

525 1,500 925 1,450 5,500 230 775 650 950 3,750

1.450 3.450 1,500 2,700 7,000 420 1,150 825 1,275 5,950

1,600 2,200 3,750 6,300 1,650 3,500 3,000 3,400 7,750 10,000 650 460 1,800 1,250 1,200 900 1,400 1,500 6,500 6,750

2,400 7,000 3,850 3,750 1,000 700 1,950 1,325 1,650 7,500

www. cdnpublications. com

2,bUU 7,000 3,700 3,850 11,750 770 2,100 1,425 2,150 7,600

Z.ODU 7,800 4,050 4,250 12,750 850 2,300 1,575 2,350 8,300

8.500 5,000 5.500 15,000 800 2,375 2,100 3,000 10,000

10,500 44,000 140K 240K 1,975 2,200 12,000 14,000 62,500 1,200 3,850 3,250 4.150 8,800 15,000 120K 2.150 4,500 9,000 675 480 365 1,050 2,700 3,700 90 3,775

3,550 4,350 9.500 10,750 5.500 7,000 6,000 7,250 16,500 18,500 825 875 2,550 2,650 2.300 2,350 3.300 3.600 11,000 12,000


Consign Now to the Auction Event of 2011! Stack's Bowers Galleries is Official Auctioneer of the ANA World's Fair of Money Official Pre-show and Convention Auctions

AUGUST 12-20, 2011 • CHICAGO, ILLINOIS Consign U.S. Lots by June 20, 2011 Consign World and Ancient Lots by May 16, 2011 • Only Stack’s Bowers Galleries will be presenting official auctions for the ANA World’s Fair of Money Pre-show and Convention. • Lot viewing will be held in the three largest U.S. cities, Los Angeles, New York and Chicago — unprecedented for a coin auction. Trust the team of experts at Stack’s Bowers Galleries to get the highest prices for your consignment.

Call a Consignment Specialist Today Expert Assistance for Your Numismatic Needs

Chris Napolitano

Q. David Bowers

Rick Ponterio

Christine Karstedt

President

Chairman Emeritus

Executive Vice President

Executive Vice President

David T. Alexander • Dr. Richard A. Bagg • Greg Cohen • Steve Deeds • Ron Gillio Bruce Roland Hagen • James M. Matthews • John M. Pack • Kent Ponterio • Kyle Ponterio Matthew W. Quinn • Scott Reiter • Brett Renaud • Deb Wilkes • Vicken Yegparian

JtaehkRow&tb GALLERIES A Spectrum Group International Company

800.458.4646 West Coast Office • 800.566.2580 East Coast Office 18061 Fitch, Irvine, CA 92614 • 949.253.0916 123 West 57th Street, New York, NY 10019 • 212.582.2580 Email: info@stacksbowers.com • Website: www.stackshowers.com SBG CDNGS 2 22 11


MARCH 2011 SERIES DENOMINATION

the CURRENCY DEALER NEWSLETTER NATIONAL BANK NOTES

FRIEDBERG NUMBERS

PAGE 4

FINE 12 VG 8 VF 20 XF 40 AU 50 CU 60 CH CU 63 1 VCH CU 64 1 GEM CU 65 1 SUP CU 67 1 ASK BID BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK ASK BID ASK BID

1st ISSUE Original $ 1 rays 1875 $1 scallops Original $2 rays

FR FR FR

380-382 383-386 387-389

400 500 2,050

450 550 2,250

750 675 2,650

825 735 2,875

800 925 4,200

875 1,000 4,600

1,375 1,375 5,450

1,500 1,500 5,950

1,850 1,850 7,000

2,050 2,050 7,600

2,300 2,450 7,750

2,525 2,750 8,450

2,950 2,950 9,000

3,250 3,300 3,250 3,300 9,800 10,500

3,600 3,600 11,500

4,750 4,750 14,500

5,250 5,250 16,000

1875 $2 scallops Original $5 rays 1875 $5 scallops Original $10 rays

FR FR FR FR

390-393 394-399 401-408 409-414

2,650 925 800 1,000

2,900 1,025 875 1,100

3,100 1,050 975 1,350

3,400 1,150 1,050 1,475

3,750 1,375 1,375 1,700

4,025 1,525 1,500 1,850

5,450 2,000 2,000 2,250

5,950 2,200 2,200 2,450

7,000 2,600 2,600 3,100

7,600 2,850 2,850 3,400

7,850 3,250 3,250 4,350

8,550 3,550 3,550 4,750

9,100 3,750 3,750 4,900

9,900 11,000 4,100 4,650 4,100 4,450 5,400 6,000

12,000 5,000 4,850 6,600

16,500 6,500 6,350 7,500

18,500 7,100 7,000 8,200

1875 $10 scallops Original $20 rays 1875 $20 scallops

FR FR FR

416-423 424-429 431-439

1,000 1,900 1,675

1,100 2,100 1,825

1,225 2,200 1,725 -

1,325 2,450 1,900

1,500 2,550 2,250

1,650 2,800 2,475

2,150 3,100 3,100

2,350 3,400 3,400

3,000 4,200 4,200

3,300 4,600 4,600

4,150 5,300 5,300

4,550 5,800 5,800

4,600 6,000 6,000

5,000 6,600 6,600

5,850 6,700 6,700

6,350 7,300 7,300

8,000 9,100 9,100

Original $50 rays 1875 $50 scallops Original $ 100 rays 1875 $100 scallops

FR FR FR FR

440-443 444-451 452-455 456-463

11,000 11,000 13,000 13,000

12,000 12,000 14,250 14,250

12,000 12,000 14,250 14,250

13,000 13,000 15,750 15,750

13,000 13,000 15,250 15,250

14,250 14,250 16,750 16,750

14,000 14,000 17,500 17,500

15,500 15,500 19,500 19,500

18,050 18,050 26,100 26,100

20,000 20,000 28,500 28,500

20,050 20,050 28,500 28,050

22,000 22,550 22,000 22,550 31,500 34,400 31,500 34,400

25,000 25,000 38,000 38,000

24,500 24,500 38,500 38,500

27,000 27,000 42,500 42,500

SECOND CHARTER-1 st ISSUE (BROWN BACK) 1 1882 $5 FR 466-478 I 1882 $10 FR 479-492 1 1882 $20 FR 493-506 FR I 1882 $50 407-513 | 1882 $100 FR 519-531

320 325 500 3,300 3,850

350 350 550 3,600 4,250

340 340 525 3,650 4,000

375 375 575 4,000 4,400

440 460 700 4,150 5,000

480 500 775 4,550 5,500

750 850 1,150 6,000 8,000

1,100 1,325 2,100 7,700 12,500

1,175 1,825 2,350 10,000 13,500

1,275 2,000 2,600 11,000 15,000

1,250 2,200 2,750 12,500 16,000

340 350 700 3,500 5,100

375 385 770 3,800 5,600

375 500 750 3,700 5,500

415 550 820 4,000 6,000

410 525 825 4,500 6,700

450 575 900 4,950 7,300

700 800 1,100 4,700 7,900

770 1,050 875 1,225 1,200 1,900 5,150 6,750 8,700 11,000

1,150 1,350 2,100 7,300 12,000

1,500 1,600 2,000 9,500 13,000

1,650 1,750 2,150 10,500 14,500

1,650 2,200 2,375 11,000 14,000

600 600 550 650 700 925 50,000 55,000 ~ ~ ~ 90,000

660 700 1,000 60,000

850 1,100 1,650 65,000

925 1,300 1,200 1,450 1,800 2,050 70,000 75,000

1,800 1,450 2,050 1,600 2,250 2,700 82,000 90,000

2,000 2,250 3,000 100K

2,000 2,300 3,100 100K

2,200 2,500 3,400 110K

ft/ ~ ft/

rv ~ rv

ft/ ft/ ft/

ft/ ft/ ft/

ft/ ft/ ft/

~ ~ ~

~ ~ ~

~ ~ ~

~ ~ ~

-

~

8,000

8,800 iv ft iv

^ ~ ~ ~

rv /V /V ev

ev

~ ^ ~

e» /v /V

ft IV ft

ft ft ft

8,875 10,000 10,000

ru rv nj IV ^ /v

/V ^ /V ft, ft ft

ft ft ft

-V ft, IV

28,700 28,700 48,500 48,500

31,000 31,000 52,500 52,500

~ »v rv ft ft ft

ft, ft/ /V

ft ft ft ft ft ft

/V ft/ ft.

1,350 1,575 2,425 2,300 3,000 3,150 13,500 15,000 18,000 18,000

1,725 1,850 2,550 2,400 3,450 4,000 16,500 22,500 20,000 24,000

2,050 2,650 4,350 25,000 26,500

3,000 4,750 7,500 33,000 35,000

3,350 5,200 8,300 36,000 38,500

1,800 1,725 2,400 2,500 2,575 2,500 12,500 13,500 16,000 16,000

1,900 2,750 2,700 15,000 18,000

1,925 3,250 2,650 18,000 20,000

2,075 3,600 2,850 20,000 22,000

3,000 3,650 1v ft/ /v

3,350 4,050 «, ~ ~ ft, /v /v /v ft, /v

2,400 2,600 3,400

2,650 2,900 3,750

3,100 2,950 4,250

3,400 3,250 4,650

4,850 5,500

5,300 6,000

ru ft/ ft/

/V <v /v

ft/ ft/ ft/

M ft/ M

l« V Al

ft/ ft/ ft/

ft ft ft

/V /v /v

™ ~ ~

~ ~ ~

™ ~ ~

~ ft/ ft/

~ ~ ~

/v ft, ft.

1,900 2,850 3,250 13,500 15,000

1,950 3,050 5,500 15,500 18,500

2,150 3,350 6,000 17,000 20,500

ft, ft, ft. /v ft/ ft.

1

SECOND CHARTER-2nd ISSUE (DATE BACK) FR 1882 $5 532-538 FR 539-548 1882 $10 FR 1 1882 $20 549-557 FR 1 1882 $50 558-565 FR 566-572 | 1882 $100 1 SECOND CHARTER-3rd ISSUE (VALUE BACK) 1882 $5 FR 573-575 FR 576-579 1882 $10 FR 580-585 1882 $20 FR 586 1882 $50 FR 586 A 1882 $100

-

-

-

825 1,025 925 1,200 1,250 1,900 6,600 7,000 8,800 11,250

-

I 1 1

THIRD CHARTER-1 st ISSUE 1902 $5 red seal 1902 $10 red seal 1902 $20 red seal 1902 $50 red seal 1902 $100 red seal

425 410 600 37,500 70,000

465 550 450 500 675 625 42,000 45,000 80,000 80,000

587-589 613-615 639-641 664-666 686-688

345 460 500 4,500 5,300

375 500 550 5,000 5,800

365 500 550 4,750 5,750

400 550 600 5,250 6,400

485 550 650 5,000 6,000

525 600 725 5,500 6,600

750 1,150 1,500 5,750 7,000

825 1,250 1,650 6,250 7,700

1,000 1,550 1,875 7,000 8,500

1,100 1,700 2,050 7,700 9,300

1,425 1,800 2,400 9,000 10,500

1,575 2,000 2,650 10,000 11,500

1,600 2,100 2,600 10,500 12,500

I THIRD CHARTER-2nd ISSUE (DATE BACK) FR 590-597 1902 $5 blue seal FR 616-623 1902 $10 blue seal FR 642-649 1902 $20 blue seal 667-674 FR 1902 $50 blue seal 689-697 FR 1902 $100 blue seal

100 110 115 625 950

110 120 130 675 1,050

120 120 135 640 1,450 -

130 130 150 700 1,600

175 175 175 750 1,800 -

195 195 195 825 2,000

275 280 280 1,900 2,850

300 310 310 2,100 3,150

410 400 425 2,600 3,500

450 440 465 2,850 3,850

500 435 500 3,600 4,900

550 475 550 3,950 5,300

550 460 550 3,900 5,000

600 500 600 4,250 5,500

630 635 640 4,200 5,200

680 690 700 4,650 5,700

825 850 900 6,300 7,000

925 950 1,000 6,900 8,000

100 100 110 650 1.050

110 110 120 725 1,150

120 120 125 750 1,250

130 130 140 825 1,375

200 220 235 1,475 2,300

220 240 260 1,600 2,550

230 275 320 2,100 2,500

350 300 355 2,300 2,750

315 365 400 2,500 3,200

345 400 435 2,750 3,500

375 440 515 2,700 3,450

410 480 565 3,000 3,750

475 460 550 3,750 3,650

520 500 610 4,100 4,000

525 600 725 5,400 6,000

575 650 800 5,900 6,600

320 1,600 1,025

300 1,700 1,050

330 1,850 1,150

800 2,300 1,525

6,600 6,400 10,000 11,000 29 500 32TJ00

7,000 12,000 35,000

2,150 265 2,750 265

FR FR FR FR FR

THIRD CHARTER-3rd ISSUE 1902 $5 blue seal 1902 $10 blue seal 1902 $20 blue seal 1902 $50 blue seal 1902 $100 blue seal

FR FR FR FR FR

598-612 624-638 650-663 675-685 698-707

75 75 85 600 875

85 85 95 675 950

1918 $1 1918 $2 1915/18 $5

FR FR FR

708-746 747-780 781-809

50 200 110

55 220 120

65 250 185

72 275 200

85 360 250

1915/18 $10 1915/18 $20 1918 $50

FR FR

810-821 822-830 831

685 950

750 1,050

1,000 1,575 6,100

1,100 1,700 6,700

1,575 2,500 8,800

1914 1914 1914 1914

$5 red seal $5 blue seal $10 red $10 blue

FR FR FR FR

832-843 844-891 892-903 904-951

36 155 38

1914 1914 1914 1914

$20 $20 $50 $50

red blue red blue

952-963 FR FR 964-1011 FR 1012-1023 FR 1024-1071

1914 1914 1918 1918

$100 red $100 blue $500 blue $1,000 blue

FR 1072-1083 FR 1084-1131 1132 FR FR 1133

-

-

-

1,775 1,750 2,300 2,600 2,850 3,000 11,500 12,000 13,750 13,500

ft ft ft

~~

ft/

3,100

3,400

IV ~ ~

/V /v ft.

ft/ ft/ ft/ ft> ft/ ft/

~ «/ ~ /V /V ft.

~ ~ ~

/V /V «/

1,500 1,750 1,900

1,650 1,950 2,100

~ ~ ~

^ ft, /v

~ ~ ~

^ /v ft.

1,200 1,275 1,350

1,350 1,400 1,500

~ ~ ~

/v «/ /v

~ ~ ~

FEDERAL RESERVE BANK: NOTES +

95 400 275

120 630 420

185 130 685 •1,050 460 550

1,700 2,700 9,600

2,800 4,900 13T50

3,100 4,000 5,400 7,000 15^50 2L000

205 1,150 600

210 1,250 850

4,350 4,200 7,400 7,700 23,000 22,500

230 1,375 950

295 1,450 925

6,000 4,600 8,200 9,000 25,000 27TXX)

^

1,275 6,900 3,600

1,400 7,550 4,000

8,000 17,850 3^000

9,000 21,000 20,000 32,000 43,000 52,500

23,000 35,000

2,750 395 5,200 460

3,050 5,750 1,000 435 5,700 30,000 1,275 500

6,350 1,100 33,000 1,400

+

875 2,500 1,675

'7

FEDERAL RESERVE NOTES 1,600 175 2,500 215

1,950 240 2,500 240

40 170 42

140 52 210 55

155 57 230 60

275 58 410 65

300 64 450 70

580 84 850 105

630 92 925 115

950 105 1,350 120

1,050 115 1,500 130

1,400 140 1,950 150

1,550 155 2,150 165

1,475 160 2,250 195

180 50 750 110

200 55 825 120

325 70 1,300 150

355 76 1,425 165

435 78 2,200 200

475 85 2,400 220

1,250 150 4,250 510

1,375 165 4,650 560

1,800 180 6,000 675

2,000 200 6,600 750

2,600 220 6,900 900

2,850 240 7,400 1,000

3,800 300 9,000 1,550

4,100 4,500 330 375 10,000 15,000 1,700 1,675

5,000 9,000 425 675 16,500 50,000 1,850 2,200

10,000 30,000 750 1,750 55,000 110K 2,400 7,500

33,000 1,950 120K 8,500

800 265 2,900 3,100

900 285 3,200 3,400

1,375 360 6,300 7,100

1,500 385 6,900 7,800

2,100 400 12,000 15,000

2,300 440 13,500 16,500

4,350 950 17,000 24,000

7,700 10,000 1,700 1,800 24,500 28,000 36,000 42,000

11,000 25,000 2,000 2,100 31,000 35,000 46,500 75,000

30,000 45,000 3,000 2,300 40,000 50,000 85,000 90,000

110K 50,000 3,300 7,500 57,500 70,000 125K ^100K

120K 8,250 80,000 135K

75,000 70,000 85,000 85,000 135K 140K

80,000 95,000 154K

75,000 95,000 150K

85,000 105K 165K

90,000 115K

100K 125K

600K 700K

650K 800K

750K 900K

850K 1 MIL

ft/ ft/ ft,

ft/ ft/ ft/

9,700 13,750 17,000 32.500 9,600 18.500 30,000 33,000 5,000 2,000 2,600 2,000 7,300 22,500 1,775 1,225

15,000 35,000 20,000 36,000

32,500 70,000 50,000 105K

35,500 77,000 55,000 115K

5,500 11,000 8.250 2,850 25,000 60,000 5.250 1,950

12,000 9,250 65,000 5,750

5,250 3,350 16,000 27,500 17,500 30,000 150K 120K 155K 135K

5,750 30,000 33,000

4,750 6,000 1,050 1,150 19,000 20,000 26,500 29,500

7,000 6,600 1,250 1,550 22,000 22,000 32,500 33,000

NATIONAL GOLD BANK NOTES 1870-74 $5 1870-75 $10 1870-75 $20

FR 1136-1141 FR 1142-1151 FR 1152-1159

3,700 12,500

1870-75 $50 1870-75 $100

FR 1160-1161 FR 1162-1166

175K 200K

5,500 13,000 11,000 35,000 35,000 67,500 300K 225K 350K 275K

2,50 4,200 10,000 14,000 32,500 200K 195K 250K 225K

14,500 38,000 74,000

35,000 45,000 85,000

335K 400K

400K 450K

38,500 45,000 50,000 55,000 95,000 95,000 440K 500K

450K 500K

50,000 55,000 60,000 65,000 110K 105K 500K 550K

60,000 75,000 120K

65,000 75,000 130K

550K 600K

550K 600K

500K 550K

600K 650K

GOLD CERTIFICATES 5,400 6,900 5,400 12,500

6,000 8,000 6,400 14,500

1,000 775 3,400 575

1,250 975 3,900 725

450 1,475 2,150

4,250 4,900 5,100 6,300 2,900 4,900 7,300 11,500 900 625 700 485 1,700 3,100 525 325 725 500 1,625 2,250 2,350 2,750

800 2,450 3,050

950 2,900 3,600

20,500 35,000 20,500 44,000

38,500 48,000 48,000 70,000

53,000 80,000

80,000 95,000

435 1,200 600 1,600

475 1,350 650 1.750

1,000 1,575 1,100 3,650

1,100 1,725 1,200 4,025

3,850 4,700 2,650 6,750

1882 $50 1882 $100 1905 $20

FR 1188-1197 FR 1201-1214 FR 1179-1180

775 490 900

400 850 540 1,000

1906 1907 1913 1922

FR 1181-1186 FR 1167-1172 FR 1198-1199 FR 1173

95 88 385 68

105 95 425 75

160 145 425 120

175 160 465 135

250 165 575 145

275 180 625 160

575 445 1,550 300

1922 $20 1922 $50 1922 $100

FR FR FR

1187 1200 1215

90 325 485

100 355! 520

135 365 625

1501 400 685

225 460 735

245 500 800

1922 $500 1922 $1,000

FR 1216-1217 FR 1220

3,900 5,450

$20 $10 $50 $10

4,300 9,750 6,000 10,500

10,750 11,500

18,500 18,500

7,350 6,500 8,700 10,500 7,600 7,000 16,000 20,000 1,325 1,375 1,250 1,075 5,500 4,300 825 800

8,100 8,800 11,500 15.500 8,300 8,900 22,000 27.500 1,475 1,825 1,825 1,375 6,000 6,800 900 1,125

1,150 4,100 4,600

1,250 4,500 5,000

1.500 6,300 6.500

1,650 7,000 7,100

3,050 14,500 16,000

90,000 90,000 105K 105K

100K 115K

100K 115K

110K 125K

110K 125K

1,050 3,200 3,950

165K 170K

U.S. FRACTIONAL CURRENCY FIRST ISSUE (1862-63) 5 cent perforated edges 5 cent straight edces 10 cent perforated edges 10 cent straight edges

FR FR FR FR

1228-1229 1230-1231 1240-1241 1242-1243

15.00 15.00 14.00 13.50

16.50 16.50 15.00 15.00

21.00 20.00 18.00 17.00

23.00 22.00 20.00 19.00

23.00 22.00 22.50 20.00

25.00 24.00 25.00 22.00

32.00 31.00 31.00 26.00

35.00 34.00 34.00 28.00

55 33 65 30

60 36 70 33

80 44 100 37

88 48 110 40

120 52 160 70

130 56 175 75

180 68 275 80

200 74 300 90

415 115 475 240

455 125 510 260

800 365 625 700

875 400 675 770

25 25 50 50

FR 1279-1280 FR 1281-1282 FR 1310-1311 FR 1312-1313

16.00 15.00 22.00 18.50

17.50 16.25 24.00 20.00

19.00 16.75 25.00 21.50

21.00 18.00 27.00 23.50

22.00 18.00 29.00 23.50

24.00 20.00 32.00 25.50

42.00 28.00 43.00 32.00

46.00 31.00 47.00 35.00

70 40 110 55

77 45 120 60

115 60 190 95

125 66 210 105

170 78 315 140

185 85 345 155

275 145 410 200

300 160 450 220

620 165 775 315

685 180 850 340

1,200 650 1,750 725

1,325 700 1,900 800

FR 1232-1234 1235 FR FR 1244-1248 1249 FR FR 1283-1288 FR 1289-1290 FR 1314-1318 FR 1320-1322

15.00 17.00 13.50 15.00

16.50 18.50 15.00 16.25

20.00 23.00 17.00 19.50

22.00 25.00 18.50 21.50

22.00 35.00 20.00 30.00

24.00 38.00 22.00 33.00

29.00 90.00 27.00 85.00

32.00 100.00 29.00 95.00

44 175 31 175

48 190 34 200

46 250 44 290

50 275 48 320

55 490 60 575

60 540 65 625

80 640 80 850

90 700 90 950

235 1,250 200 1,650

260 1,375 220 1,800

400 2,500 325

440 2,750 360

14.00 15.00 16.50 18.00

15.25 16.25 17.50 20.00

16.00 19.00 20.00 22.50

17.25 21.00 22.00 24.50

16.50 26.00 22.00 29.00

18.00 28.00 24.00 31.00

20.00 62.00 27.00 55.00

22.00 68.00 30.00 60.00

32 125 50 110

35 135 55 120

45 185 115 215

49 200 125 235

88 410 160 345

95 450 175 375

128 675 250 585

140 735 275 650

210 975 335 1,025

230 1,075 360 1,150

450 1,650 850

1,800 950

1226 1227 1236-1237 1238-1239

30.00 30.00 15.00 15,00

33.00 33.00 16.50 16.50

34.00 40.00 20.00 20.00

36.00 44.00 22.00 22.00

35.00 44.00 23.00 22.00

38.00 48.00 25.00 24.00

36.00 53.00 31.00 27.00

40.00 58.00 34.00 29.00

50 68 40 36

55 75 44 39

65 95 60 50

70 105 65 55

72 175 130 70

80 190 140 80

115 250 190 90

125 275 210 100

200 400 215 190

220 440 235 205

500 560 800 500

550 610 875 550

C vvlll ppn♦ cl nr,>i>n nup|r U ecu Udt r»

FR FR FR FR

cent cent cent cent cent

FR 1251-1252 FR 1253-1254 FR 1255-1256 FR 1291-1293 FR 1294-1296 FR 1297-1300

13.50 17.00 13.50 14.00 14.00 17.00

15.00 19.00 15.00 15.25 15.25 18.50

18.50 25.00 18.00 16.25 16.00 22.00

20.50 30.00 20.00 17.25 17.00 24.00

22.00 30.00 20.00 20.00 18.50 30.00

24.00 35.00 22.00 22.00 20.00 33.00

30.00 40.00 26.00 40.00 27.00 60.00

33.00 44.00 28.00 44.00 29.00 70.00

45 55 36 60 37 105

50 60 39 65 40 115

90 100 50 90 60 195

100

J0 10 10 25 25 9^

55 100 65 215

130 160 60 155 95 315

140 175 65 170 105 345

185 190 75 170 105 475

205 210 80 185 115 525

205 290 130 320 160 650

225 320 140 350 175 725

800 750 525 725 400 1,400

33.00 32.00 32.00 38.00

48.00 45.00 44.00 52.00

53.00 50.00 48.00 57.00

95.00 95.00 80.00 86.00

120 135 95 110

170 160 140 ^16^

185 175 155 180

220 245 185 180

240 270 205 200

230 270 190 220

Ain ‘Hu

30.00 29.00 29.00 35.00

63.00 60.00 50.00 66.00

O

1324-1327 1328-1330 1331-1338 1339-1342

110 125 85 100

•Jl

cent cent cent cent

57.00 55.00 46.00 60.00

net Zoo

50 50 50 | 50

300 210 240

320 365 435

350 400 i.- 5

1 050 800 850 1 >0<

cent cent cent cent

perforated edges straight edges perforated edges straight edges

SECOND ISSUE (1863-67) 5 cent 5 cent fiber paper 10 cent 10 cent fiber paper 25 cent 25 cent fiber paper 50 cent Cfl ront JV UC1U fiKpi* IIL'CI nanpr IJdL/Cl

THIRD ISSUE (1864-69) 3 cent light background 3 cent dark background 5 cent red back

I I I

red back auto. green back red back green back

p/>nf tinanpr .

.-—

Soinner-TV. Spinner-Ty. Spinner-Ty. Spinner-Ty.

1: red back FR FR 1; auto. 1; green back FR FR 2

105.00 105.00 88.00 ^95^

www.cdnpublications.com

no

enn oUU

880 825 575 800 1 440 1,550 11,11 ou e»n 880 950 1,650


SERGIO SANCHEZ JR. CURRENCY U.S. LARGE SIZE NOTES SPECIALIST BUY • SELL • EXPERT APPRAISALS Large selection of US Notes, Treasury Notes, Silver Certificates, Gold Certificates, Nationals, Confederates, Colonials, & Obsoletes SMALL AND LARGE SIZE U.S. CURRENCY Paying TOP DOLLAR for your US Type Notes P.O. BOX 44-2809 MIAMI, FL. 33144-2809 TEL: (305) 567-1515 • FAX: (305) 567-1898 E-mail: sergio@sanchezcurrencv.com www.sanchezcurrency.com PCDA-SPMC-ANA Member


PAGE 5 U.S. FRACTIONAL CURRENCY continued SERIES DENOMINATION 50 50 50 50 50

cent Justice—red back cent Justice—red back; fiber cent Justice—auto. cent Justice—green back cent Justice—grn.back; fiber

FRIEDBERG VG 8 FINE 12 VF 20 XF 40 AU 50 CU 60 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 NUMBERS BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK RID ASK BID ASK FR FR FR FR FR

1343-1350 1357 1355-1356 1358-1369 1370-1373

37.00 75.00 40.00 36.00 41.00

40.00 52.00 85.00 140.00 45.00 50.00 40.00 43.00 45.00 52.00

FOURTH ISSUE (1869-75) 10 cent 15 cent 25 cent

FR FR FR

1257-1261 1267-1271 1301-1307

13.50 40.00 14.00

15.00 44.00 15.50

17.00 44.00 16.00

19.00 47.00 17.50

19.00 45.00 16.50

21.00 48.00 18.00

50 cent Lincoln 50 cent Stanton 50 cent Dexter

FR FR FR

1374-1375 1376 1379

45.00 18.50 18.50

50.00 20.00 20.00

70.00 22.50 21.50

75.00 24.50 23.50

85.00 30.00 26.00

FIFTH ISSUE (1874-76) 10 cent green seal 10 cent red seal 25 cent 50 cent

FR FR FR FR

1264 1265-1266 1308-1309 1380-1381

14.00 13.50 14.00 18.50

15.50 15.00 15.50 20.00

18.00 16.00 16.00 20.00

20.00 17.50 17.50 22.00

21.00 18.00 17.50 21.00

57.00 65.00 155.00 290.00 55.00 55.00 48.00 52.00 57.00 75.00

72.00 125.00 320.00 475.00 60.00 120.00 57.00 110.00 82.00 190.00

H" .(Hi 525.00 130.00 120.00 210.00

150 600 175 140 215

165 675 190 150 235

225 1,025 260 205 425

250 1,125 285 225 465

320 1,300 400 275 775

355 1,425 440 300 850

435 2,000 440 385 1,000

23.00 65.00 22.00

25.00 70.00 24.00

27 70 28

29 80 31

35 80 40

38 90 44

58 100 70

63 110 77

93.00 33.00 28.00

140.00 42.00 35.00

155.00 46.00 38.00

260 75 48

285 82 52

375 100 80

410 110 88

550 240 100

23.00 20.00 19.00 23.00

26.00 23.00 22.50 27.00

28.00 25.00 25.00 29.00

36 26 30 36

40 28 33 40

55 33 38 50

60 36 42 55

75 46 44 55

675 1,900

1,400 5,500 1,350 1 500 4,500

1,550 6 500 1 500 1*650 5,500

140 210 190

150 230 210

450 1,000 475

500 1,100 525

875 325 140

1,300 550 290

1,450 600 320

2,375 900 700

2,600 1,000 775

90 55 60 65

135 72 65 115

145 80 72 125

350 200 350 380

400 220 385 430

2,200

2,900

3,200

1,100

1,750

75 135 100

80 150 110

600 265 110

800 300 130

80 50 48 60

80 50 55 60

U.S. FRACTIONAL CURRENCY PROOF AND SPECIMEN NOTES SERIES DENOMINATION

NARROW MARGIN WIDE MARGIN FRIEDBERG CU 60 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 CU 60 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 NUMBERS BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK ASK BID ASK BID ASK BID ASK BID

FIRST ISSUE 5 cent face 5 cent back 10 cent face 10 cent back

FR FR FR FR

1231 1231 1243 1243

40 35 40 31

44 38 44 34

70 55 60 40

80 60 65 44

85 65 70 45

95 70 80 50

125 80 90 60

140 90 100 65

210 115 250 190

235 125 275 210

85 75 105 65

95 85 115 70

120 95 145 105

130 105 160 115

195 160 220 155

215 175 240 170

345 275 355 265

380 300 385 290

525 435 550 475

575 475 600 525

25 25 50 50

FR FR FR FR

1282 1282 1313 1313

38 30 62 40

42 33 67 44

73 47 77 70

80 53 85 77

100 55 90 80

110 60 100 88

150 70 155 100

165 77 170 110

205 105 290 295

225 115 320 325

115 100 165 105

125 110 180 115

125 160 180 135

135 175 200 150

180 185 230 175

200 200 255 190

335 290 330 320

365 320 360 350

600 590 625 615

650 640 690 665

SECOND ISSUE 5 cent face 5 cent back 10 cent face 10 cent back

FR FR FR FR

1232 1232 1244 1244

44 30 43 26

48 33 47 28

73 53 65 45

80 58 70 50

90 65 85 55

100 72 95 60

125 85 120 70

135 95 130 77

175 125 185 115

195 135 205 125

90 80 100 90

100 90 110 100

160 130 145 135

175 145 160 150

195 185 170 160

210 200 185 175

250 220 225 220

275 240 245 240

400 380 400 350

440 420 440 385

25 25 50 50

FR FR FR FR

1283 1283 1314 1314

47 32 47 40

53 35 53 44

65 58 65 57

70 63 70 62

88 65 90 73

95 70 100 80

135 90 150 100

145 100 165 110

200 135 300 190

220 150 330 210

145 120 140 135

160 130 155 145

160 145 210 170

175 160 230 185

205 170 290 215

225 185 320 235

285 230 415 315

310 255 455 345

525 350 650 600

575 385 715 660

THIRD ISSUE 3 cent face light 3 cent face dark 3 cent back

FR 1226 1227 FR FR 1226-1227

70 29 26

77 32 28

95 45 40

105 50 44

115 68 50

125 75 55

165 100 70

180 110 77

■v n/ m

IV IV IV

~ ~ ~

IV IV /V

3,050 175 110

5,000 220 165

5,500 240 180

6,250 310 220

7,000 340 240

7,250 410 330

8,000 450 360

IV IV IV

IV IV iv

2,750 160 100

IV IV IV

AMVAI

575 435

625 475

5 cent face 5 cent back red 5 cent back green

FR 1236-1238 1236 FR FR 1238

42 26 28

46 28 31

58 40 45

63 44 50

70 50 68

77 55 75

115 75 95

125 85 105

210 130 155

230 140 170

115 100 70

130 110 80

170 135 125

190 145 135

225 160 145

250 175 160

310 205 210

340 225 230

420 350 300

465 385 330

10 10 10 10 10

FR 1251 1253 FR 1254 FR FR 1253-1254 FR 1255

50 68 170 50 30

55 74 185 55 33

60 85 210 80 65

65 95 230 90 70

80 100 225 95 85

88 110 250 105 93

120 130 270 120 125

130 Al «l Al 140 . 225 295 iv iv iv 165 130 230 135

IV IV Iv

120 140 3,100 100 105

135 155 4,750 140 110

150 170 5,250 155 120

160 210 6,000 160 140

175 230 6,650 175 155

270 295 7,000 240 215

300 325 7,700 260 235

450 475 ~ IV «v

180 255

110 130 2,800 90 95

430 415

500 525 ~~~ 470 450

25 cent back red 25 cent back green

FR 1291-1294 FR 1291 1294 FR

75 45 30

85 50 33

100 70 58

110 80 63

110 80 65

120 90 70

135 95 75

150 105 82

165 130 115

180 145 125

110 95 73

120 105 80

140 125 105

155 135 115

170 160 128

185 175 140

285 245 170

320 265 185

440 425 340

480 465 375

SPINNER 50 cent face—printed Colby & Spinner 50 cent face—auto. Colby & Spinner 50 cent face Allison & Spinner 50 cent face Jeffries & Spinner

FR FR FR FR

1324 1328 1329 1330

75 110 1,800 90

82 95 120 125 2,000 2,600 140 100

105 135 2,850 155

110 150 3,000 165

120 140 165 200 3,300 4,400 180 225

155 220 4,850 250

~ ~ ~

IV IV IV

190 200 9,000 2,000

425 330 475 375 13,200 13,000 5,500 6,500

465 525 14,250 7,000

50 cent back green Ty. 2

FR 1324-1330 FR 1331 FR 1339

65 65 1,900

70 85 85 70 2,100 2,200

95 95 2,400

100 100 2,650

110 135 110 135 2,900 3,750

145 145 4,100

cent cent cent cent

cent cent cent cent

cent cent cent cent cent

face back face back

face back face back

face—printed Colby & Spinner face—auto. Colby & Spinner face—auto. Jeffries & Spinner back red back green

JUSTICE 50 cent face—printed Colby & Spinner FR FR 50 cent face—auto. Colby & Spinner FR 50 cent face Jeffries &. Spinner 50 cent back green

350

400

IV IV IV

IV IV IV

~ ~ ~

IV ~ IV

250

275

»v IV IV

IV IV IV

~ ~ ~

IV IV IV

300 285 340 330 12,000 12,000 4,750 5,000

210 260 220 300 10,000 11,000 2,200 4,300

570 600

620 660

IV IV IV IV IV *»

~ ~ ~ IV IV IV

135 135 2,950

145 145 3,250

165 150 3,550

180 165 3,850

220 190 4,500

245 210 4,900

350 275 5,800

420 385 400 315 6,300 9,300

465 440 10,300

600 875

650 975

1343 1355 1357A

95 120 170

105 130 190

125 155 255

135 170 280

135 165 295

145 180 325

155 180 390

170 200 430

~ IV IV

IV IV IV

IV IV IV

IV IV IV

~ ~ ~

IV IV IV

130 250 2,150

145 275 2,350

210 285 4,300

230 310 4,750

270 370 5,000

295 400 5,500

400 500 6,500

440 550 7,000

IV IV IV

~ iv ~

FR 1343-1357 1358 FR

44 43

48 47

73 65

80 70

80 70

88 77

100 90

110 100

140 115

155 125

125 100

135 110

190 135

210 150

250 185

275 205

355 315

385 345

425 390

465 430

340 275 2,150 2,600 350 280 290 370

370 2,850 380 400

600 3,700 500 535

650 875 4,000 4,900 700 550 750 585

950 5,400 770 825

230 230

260 260

330 330

365 365

GRANT AND SHERMAN 15 cent face—printed Colby & Spinner FR FR FR 15 cent face—auto. Allison & Spinner FR 15 cent back red

250 IV IV IV

1272 1273 1274 1275

250 1,950 260 265

FR 1272 FR 1273-1276

140 140

155 155

210 210

285 285

1,700

1,900

IV IV IV

IV IV IV

1,500 1,600

1,650 1,750

500 2,700 510 520

550 3,000 560 570

800 4,800 800 825

880 5,300 880 900

950 5,500 975 1,075

1,050 6,000 1,075 1,175

1,500 7,250 1,550 1,600

620 620

685 685

265 265

290 290

290 325

320 350

325 425

355 465

435 575

1,650 2,500 8,000 IV IV IV 1,700 2,800 1,750 2,850 475 fo25

750 li050 ^

2,750 IV IV IV

3,100 3,150 825

SMALL SIZE LEGAL TENDER NOTES SERIES DENOMINATION

FRIEDBERG NUMBERS

VG 8 BID ASK

FINE 12 BID ASK

BID

CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 CU 60 AU 50 XF 40 VF 20 ASK ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID

1928 1928 1928 1928

$1 $2 A $2 B $2

FR FR FR FR

1500 1501 1502 1503

70.00 7.50 8.75 25.00

75.00 8.50 9.75 27.00

75.00 8.00 12.00 45.00

82.00 9.00 13.00 50.00

115.00 9.00 19.00 95.00

125.00 10.00 21.00 105.00

145.00 10.50 38.00 225

160.00 11.50 42.00 250

180 15.00 60.00 300

200 16.50 70.00 330

200 40 70 475

220 44 80 525

230 45 150 600

250 50 160 665

330 100 250 1,000

360 110 275 1,100

400 145 565 1,550

435 160 615 1,700

1,000 575 1,450 3,575

1,100 625 1,600 3,875

1928 1928 1928 1928

C$2 D $2 E $2 F $2

FR FR FR FR

1504 1505 1506 1507

7.00 7.00 7.20 7.00

7.75 7.75 8.00 7.75

8.00 8.00 8.15 8.00

8.75 8.75 9.15 8.75

9.00 8.25 9.25 8.25

10.00 9.00 10.25 9.25

10.50 9.25 11.50 9.50

11.50 10.25 12.50 10.50

16.00 1 5 00 17.00 15.00

17.50 16.50 19.00 16.50

40 33 35 33

44 36 38 36

75 37 47 37

82 40 52 40

82 48 80 40

90 53 88 44

150 64 170 70

165 70 185 78

365 275 625 220

400 300 685 245

1928 1953 1953 1953

G $2 $2 A $2 B $2

FR FR FR FR

1508 1509 1510 1511

7.00 5.00 5.00 5.00

7.75 5.50 5.50 5.50

8.00 5.15 5.15 5.15

8.75 5.65 5.65 5.65

8.25 5.35 5.35 5.35

9.25 5.85 5.85 5.85

9.25 5.75 5.75 5.75

10.25 6.25 6.25 6.25

15.00 6.25 6.25 6.25

16.50 6.75 6.75 6.75

33 10.00 10.00 10.00

36 + 11.00 + 11.00 + 11.00

35 11.00 11.00 11.00

38 12.00 12.00 12.00

37 14.50 13.00 12.50

41 16.00 14.50 13.50

45 19.00 18.00 16.00

50 21.00 20.00 17.50

170 40 38 33

185 44 41 36

1953 1963 1963 1928

C$2 $2 A $2 $5

FR FR FR FR

1512 1513 1514 1525

5.00 5.00 5.00 9.75

5.50 5.50 5.50 10.75

5.15 5.15 5.15 12.00

5.65 5.65 5.65 13.00

5.35 5.35 5.35 14.50

5.85 5.85 5.85 16.00

5.75 5.75 5.75 19.00

6.25 6.25 6.25 21.00

6.25 6.25 6.25 25.00

6.75 6.75 6.75 27.50

10.00 8.00 8.00 40

+ 11.00 8.75 8.75 44

11.00 8.50 8.50 45

12.00 9.25 9.25 50

12.50 10.50 10.50 50

13.50 11.50 11.50 55

17.00 15.00 15.00 95

18.50 16.50 16.50 105

37 27 37 290

40 30 40 320

1928 1928 1928 1928

A $5 B $5 C $5 D $5

FR FR FR FR

1526 1527 1528 1529

10.50 9.50 9.50 14.75

11.50 10.50 10.50 16.25

12.25 11.50 11.50 20.50

13.25 12.50 12.50 22.50

16.00 12.50 12.50 40.00

17.50 13.50 13.50 45.00

26.00 16.00 15.00 50.00

28.00 17.50 16.50 55.00

35.00 25.00 25.00 65.00

38.00 27.50 27.50 72.00

50 40 38 100

55 44 42 110

75 45 45 120

85 50 50 130

85 52 55 135

95 57 60 145

360 115 77 200

400 125 85 220

785 265 250 640

860 290 275 700

1928 1928 1953 1953

E $5 F $5 $5 A $5

FR FR FR FR

1530 1531 1532 1533

9.50 9.50 8.75 8.75

10.50 10.50 9.50 9.50

11.50 11.50 9.50 9.50

12.50 12.50 10.25 10.25

12.50 12.50 9.75 9.75

13.50 13.50 10.75 10.75

15.00 15.00 10.00 10.00

16.50 16.50 11.00 11.00

25.00 25.00 12.00 12.00

27.50 27.50 13.00 13.00

38.00 38.00 17.00 17.00

42.00 42.00 + 18.50 + 18.50

42.00 42.00 17.50 17.50

46.00 46.00 19.00 19.00

46.00 44.00 18.50 18.50

50.00 48.00 20.00 20.00

75.00 65.00 21.00 21.00

82.00 72.00 23.00 23.00

235 200 44 44

255 220 48 48

1953 B $5 1953 C $5 1963 $5

FR FR FR

1534 1535 1536

8.75 8.75 8.75

9.50 9.50 9.50

9.50 9.50 9.50

10.25 10.25 10.25

9.75 9.75 9.75

10.75 10.75 10.75

10.00 10.00 10.00

11.00 11.00 11.00

12.00 12.00 12.00

13.00 13.00 13.00

17.00 17.00 15.00

+ 18.50 + 18.50 16.00

17.50 17.50 15.50

19.00 19.00 16.50

18.50 19.00 16.25

20.00 21.00 17.25

21.00 32.00 18.00

23.00 35.00 19.50

44 65 42

48 75 46

1550 1551

100 125

110 140

102 135

112 150

115 150

140 170

150 185

175 350

195 380

230 500

250 550

300 630

330 690

345 800

375 880

475 925

525 1,000

1,150

FR FR

105 140

1,050

1966 $100 iQfiA Aii nn

22.00 22.00 22.00

+ + + +

+ + + +

SMALL. SIZE SILVER CERTIFICATES 1928 $1 1928 A $1 1928 B $1

FR FR FR

1600 1601 1602

20.00 20.00 20.00

1928 1928 1928 1934

C$1 D$1 E$1 $1

FR FR FR FR

1603 1604 1605 1606

65.00 25.00 200.00 22.00

1935 $1 1935 A $1 1935 R$1

FR FR FR

1607 1608 1611

2.75 1.60 1.90

22.00 21.25 22.00

24.00 23.25 24.00

24.00 21.50 24.00

72.00 82.00 27.00 31.00 220.00 320.00 24.00 23.25

90.00 34.00 350.00 25.25

130.00 57.00 360.00 24.00

5.00 2.00 3.50

5.50 2.20 3.75

5.10 2.50 3.60

3.00 1.70 2.10

+ + +

-

26.00 22.00 26.00

28.00 24.00 28.00

33 33 33

36 36 36

42 42 48

46 46 53

45 44 52

50 48 57

48 47 57

53 52 62

64 58 80

70 65 85

230 210 250

255 230 275

145.00 210.00 62.00 105.00 400.00 700.00 25.00 26.00

230.00 115.00 775.00 27.00

280 140 850 31

310 155 925 34

360 165 1,075 42

400 185 1,175 46

450 240 1,400 46

500 260 1,550 50

600 260 1,600 53

660 285 1,750 57

685 410 2,300 82

750 450 2,500 90

1,700 1,100 4,200 285

1,850 1,200 4,600 310

5.20 2.90 3.70

5.70 3.20 4.00

5.30 3.40 3.80

5.80 3.75 4.10

7.00 6.75 8.00

7.75 7.50 9.00

14.50 8.00 9 00

15.50 9.00 10.00

22.00 11.50 12.00

24.00 12.50

39.00 14.50 16.50

43.00 16.00 18.00

60 36 45

67 40 50

26.00 23.50 26.00

5.60 2.75 3.85

www.cdnpublications.com


MARCH

~~

the CURRENCY

2011

DEALER

RAGE

NEWSLETTER

SMALL SIZE SILVER CERTIFICATES continued SERIES DENOMINATION ItM u w u 1*1* DMI W15 1 11 i * i5 ¥ 11 1935 G tl 1935 0 with MUTTU 11 1*35 H ftl i -»-■ H 1967 A tl 1967 B 11 1*U IS 1*34 A 15 1414 B $5 1934 C 15 1934 D $5 1461 IS l*=>3 A $S 195.1 B 15 1933 tlO

i*u tio

1*14 1934 1934 1961 1963 1963

B tlO C 110 D 110 tlO A 110 B 110

FRIEDBERG ■ NUMBERS BID -nrra PR FR PR PR PR PR FR PR PR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR

i^rr 1613 1613 1614 1615 1616 1617 1618 1619 1620 1621 1650 1651 1652 1653 1654 1655 1656 1657 1700 1701 1702 1703 1704 1705 1706 1707 1708

150 1.50 1 50

3.60 2.00 1.55 1 ss 1 55 9 75 9.00 10.60 9.00 900 8.50 8 50 8.50 1 850 26 23 35 24 27

39 40 39

.

FINE 12 ASK — BID ASK 1 65 1 65 1.65 1.70 3.90 2.20 l 65 1 65 1 65 10.75 10.00 11 60 10.00 10.00 9 50 9.50 9.50 2.100 28 25 38 26 29 43 44 43

1 80 1.80 1 80

1 95 1 95 1 95 1 95 3.50 4 V 3 80 1.75 1.75 1.75 11.35 10.30 12.25 10.25 10.25 10.25 10.25 10.25 3,100 32 26

3.90 3.50 1 65 1 65 10.35 9.30 11 25 9.25 9.25 9.25 9.25 9.25 2,850 29 24 50 26 29 42 42 41

55

28 32 46 46 45

GEM CU 65

CH CU 63 VCH CU 64 CU 60 XF 40 AU 50 VF 20 ASK,,s!£L ASK ASK BID ASK BID ASK BID ASK BID BID 2 00 2.00 2.00 2 00 1 7r> 4.00 3.60 1 85 1 85 1 85 10.45 10.10 11.35 9.70 9.70 9.50 9.50 9.50 4,150 32 26 105 28 32 43 45 43

2.20 2.20 2 20 2.20 4 00 4.30 3.90 2.05 2.05 2.05 11 45 11 10 12.35 10.70 10.70 10.50 10.50 10.50 4,550 35 28 115 30 35 47 50 47

... 2.60 2 60 2 60 2 60 4.05 4.45 4.00 2.50 2.50 2.50 11.65 11.20 12.45 11.10 11.10 11.00 11.00 11.00 5,750 40 38 330 37 38 50 60 50

2 <5 2.35 2 35 2 35 2 35 3.80 4.10 3.70 2.25 2.25 2.25 10.65 10.20 11.45 10.10 10.10 10.00 10.00 10.00 5,250 37 35 300 34 35 45 55

45

-625 600 600 600 7 25 22.00 725 5.00 5.50 5.50 17.00 16.00 18.50 16.00 16.00 15.00 14 00 14.00 7,500 75 77 1,000 70 80 72 105 75

3.35 3 35 3 35 3.35 4.10 4 55 4.10 3.35 3.35 3.35 15.50 13 50 16.00 14.00 13 50 14.50 13.50 13.50 7,350 50 47 575 47 47 65 90 60

3 10 3.10 3.10 3.10 3 85 4.20 3.80 3.10 3.10 3.10 14.00 12.50 15.00 13.00 12.50 13.00 12.50

12 50

6,750 45 43 525 43 43 60 80 55

14 00 16 00 11 00 10 00 13 80 13 80 10.00 13 80 10 00 1025 1700 38 00 28 50 1 1 00 19 00 8 50 10 50 8 50 1000 8.50 10.00 36 00 60 00 27 00 40 00 68 00 40.00 22.00 42.00 22.00 42.00 25.00 20.00 24.00 19.00 19.00 24.00 17,250 20,000 95 115 190 290 2,200 3.300 95 128 105 170 105 95 265 300

9 00 1000 4 1X1 9.00 9.00 925 2600 10.00 7 50 7 50 7 50 33.00 25.00 36.00 20.00 20.00 18.00 17.00 17.00 15,750 87

8 25 7 50 7 50 7 50 900 26 00 900 7 00 7.00 7.00 24 00 20.00

725 6.50 6 50 6 50 8 25 24.00 8.25 6.25 6.25 6 25 22.00 18.00 23.00 17.50 17.50 17.00 16.00 1600 8,000 80 105 1,550 80 88 78 185 82

6 75 6 50 6.50 6 50 8 00 24 00 8 00 5.50 6.25 6.25 18.50 17 50 20.00 17 50 17.50 16.50 15.00 15.00 8.250 83 85 1,100 80 90 80 115 82

25.00 19.00 19.00 18.50 17.50 17.50 8,750 88 115 1,700 88 95 85 200 90

170 2,000 88 95 88 240 120

n

SUP CU 67

I

A',k

-

15 00 17 14 14 14

90 80 80 80

34 00 28 00 28 00 28 00 33 00 no oo 12 UO 15 00 1700 17.00 100.00 100 00

lh 00 43 00 21 00 11 50 11 00 11 00 to5 00 44 00 75.00 250 00 46.00 115.00 46 00 85 00 27 00 39 00 26.00 39.00 26.00 39 00 22,000 31,500 125 460 320 550 3.600 7,250 138 280 185 450 115 475 330 650

37 Q0 1HJ0 11 UU

** uo 00 I2n ‘Hj 15 (JO 16 50 1*50 16 50

110 (30 II" 00 275 UO I25,)0 95 00 4100 4100 43 00 14 500 500 600 8000 300 500 525 700

R & E3 EXPERIMENTAL SILVER CERTIFICATES i I 1935 A *S‘ 11_FR

1610 |

55_601

67_73 |

75_85 |

85_95 |

12ol 110_120 |

130 145 I 125_135 I

200 195

220 | 215 1

365 300

400 325 |

500 475

550 525 |

1,325 1,300

1.475 I 1,450 I

145 120 135 125 200 200 450 625 625 735

145 145 130 160 185 190 425 650 700 750

160 160 145 175 205 210 475 700 775 825

165 195 170 220

180 215 185 240

190 255 500 800 725 1,000

205 275 550

•VNN

■V IV IV

IV IV A.

~ ~ IV

900 800 1,100

1,500

1,650

IV IV IV

iv IV Nl

95 115 115 185 225

105 125 125 200 250

185 200 200 475 575

205 215 220

88 85 80 + 75 + 82 75.00 75 46 55 42 50 36.00 80 95 60 75 38.00 55 22C 270 200 125 165 180 230 285 180 200 210 170 1,900 2,200 2,400 2,300 2,100 1,650 4,200 3,600 3,900 4,300 3,200 3,200 100K 115K 66,000 62,000 72,000 90,000 110K 135K 190K 210K 265K 125K 27 15 17 23 25 11.50 14.75 19 22 28 31 35 25.00 28 32 35 40 25 70 70 77 90 100 95 120 125 140 140 155 145 1,200 1,300 1,400 1,600 1,750 1,650 2,450 2,500 2,750 2,900 3,200 3,100 65,000 60,000 70,000 87,500 100K 95,000 55,000 55,000 65,000 72,500 82,500 80,000 ♦ 7.75 14 ♦ 16 17: 16 15 + + 15.00 20 22 28 25 27 + 25.00 27 30 28 31 30 60.00 65 72 70 80 80 120 125 135 140 150 145

95 80 105 300 310 2,525 4,600 125K 290K 30 38 44

125 125 150 300 385 3,250 5,000 140K 315K 35 47 48 115 240 1,900 3,700 125K 105K 19 37 35 115 150

140 140 165 330 425 3,500 5,500 155K 345K 38 52 53 125 260 2,100 4,050 135K 115K 22 40 38 125 165

125 900 700 1,000 2,600 1,700

135 1,000 775 1,100 2,850 1,850

SMALL 5IZE NATIONAL BANK NOTES 1929 iy 1929 Ty 1929 Ty 1929 Ty 1929 Ty. 1929 iy 1929 Ty 1929 TV 1929 Ty 1929 Ty

1 2 1 2 1 2 1 2 1 2

»5 15 »10 $10 $20 $20 150 $50 $100 $100

FR FR FR FR FR FR FR FR FR FR

1800-02 1801-01 1801-02 1802-01 1802-02 1803-01 1803-02 1804-01 1804-02

30 30 30 35 37 175 275 340 400

35 35 35 40 42 190 300 375 440

40 ♦ 40 ♦ 35 37 38 45 190

44 44 38 42 42 50 210 315 390 450

285 355 410

60 ♦ 48 42 45 53 55 230 310 365 420

65 55 46 50 58 65 250 340 405 460

75 85 80 80 90 95 370 430 415 480

68 75 70 70 80 85 340 400 375 440

82 95 95 95 100

90 105 105 105

no

120 385 465 480 575

120 100 115 105 145 170 365 500 500 600

no

350 425 440 525

130

130

no

no

125 115 160 190 400 550 550 650

125 115 180 180 410 575 575 675

310 325 325 325 685

340 370 350 350 750

SMALL SIZE FEDERAL RESERVE BANK NOTES 1929 1929 1929 1929 1929

$5 $10 $20 $50 $100

FR FR FR FR FR

1850 1860 1870 1880 1890

1928 1928 1928 1928 1928 1928 1928 1928 1928 1934 1934 1934 1934 1934 1934 1934 1934 1934 1950 1950 1950 1950 1950

$5 $10 $20 $50 $100 $500 $1,000 $5,000 $10,000 $5 $10 $20 $50 $100 $500 $1,000 $5,000 $10,000 $5 $10 $20 $50 $100

FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR

1950 2000 2050 2100 2150 2200 2210 2220 2230 1955 2004 2054 2102 2152 2201 2211 2221 2231 1961 2010 2059 2107 2157

39 23 25 70

43 25 28 77 120

no

44 26 36 82 130

40 24 33 75 120

43 26 38 80 125

47 28 42 88 135

45 30 43 85 165

50 33 47 93 180

52 50 58 115 200

48 45 53 105 185

68 70 85 155 195

90 95 100 175 220

82 88 90 160 200

75 77 93 170 215

520 625

475 500 550 1,100 1,550

525 550 600 1.200 1,700

200 200 300 525 800 15,500 185K

220 220 330 575 900 8.800 17,000 200K

•V IV IV

IV IV IV

65 80 120 210 390 4,000 5,250 150K 40 75 73 160 275

75 90 135 230 430 4,400 5,750 175K 165K 45 85 80 175 300

365 2,500 2,400 2,500 5,750 4,550

400 2,750 2,650 2.750 6,250 5,000

SMALL SIZE FEDERAL RESERVE NOTES 40.00 ♦ 44.00 42.00 ♦ 22.00 24.00 24.00 27.00 ♦ 30.00 30.00 ♦ 68.00 75.00 75.00 120 110 125 700 ♦ 775 750 1,600 1,700 1,450 20,000 22,000 28,000 35,000 40,000 40,000 10.00 11.00 10.15 14.00 13.10 13.00 21.50 22.50 21.75 56 55 60 105 112 106 700 775 750 1,300 1,425 1,600 ♦ 20,000 22,000 27,500 32,500 35,000 37,500

46 00 26.00 33.00 85.00 135 825 1,875 37,500 44,000 11.15 14.10 22.75 61 113 825 1,750 37,500 42.000

„„

•V •>.

11.50

12.50

1V * IV

m >u

'V >v IV

At

*V

M

<M

55.00 ♦ 60.00 26.00 28.00 31.00 ♦ 34.00 80.00 90.00 135 145 1,000 1,100 2,200 2,000 45,000 55,000 70,000 60,000 10.25 11.25 13.20 14.20 23.00 21.85 64 58 108 115 800 875 1,800 2,000 40,000 50,000 47,000 42,500 .V IV *

11.75

12.75

~ ~

N IV IU

»V •V IV

<v iv <v

IV IV IV

MAIN

12.00

#v #v

IV ** *v

IV «V

60.00 ♦ 65.00 70.00 30.00 33.00 33.00 32.00 ♦ 35.00 35.00 95.00 105.00 115 145 155 155 1,200 1,350 1,500 2,400 2,650 2 900 51,000 61,000 56,000 80,000 90,000 10OK 10.35 11.35 10.50 13.30 14.30 13.50 22.00 24.00 23.00 66 64 60 no 118 112 1,000 1,100 900 1,900 2,100 2,250 50,000 60,000 55,000 47,500 52,500 50,000 IV IV N N M IV IV IV *V 7.00 13.00 12.25 13.25 14.00 N N N »V IV IV N N N 23.00 "» N N MWN IV IV IV 55.00 IVNN IV IV IV — no

105 160 1,800 3,400 110K 90,000 18 30 33 90 155

|

8,000

WORLD WAR 1 1 EMERGENCY ISSUES HAWAII 1935 A $1 1934 $5 1934 A $5 1934 A $10 1934 $20 1934 A $20 NORTH AFRICA (YELLOW SEAL) 1935 A SI 1934 A $5 1934 A $10 1934 $10

FR FR FR FR FR FR

2300 2301 2302 2303 2304 2305

30 55 60 50 55 50

33 60 65 55 60 55

33 60 65 55 63 55

36 65 72 60 70 60

38 80 80 65 85 60

42 90 90 72 95 65

40 120 115 125 140 92

44 130 125 135 155 100

FR FR FR FR

2306 2307 2309 2308

31 32 32 900

34 35 35 1,000

50 44 42 1,600

54 48 46 1,750

52 50 46 2,950

57 55 50 3,250

55 62 65 6,000

60 68 70 6,500

48 205 200 200 425 165 63 90

no 8,000

53 225 220 220 i 465 180 70 100 120 8,800

90 + 330 330 + 370 + 900 450

100 360 360 410 1,000 490

95 375 375 400 1,100 575

90 + 100 150 165 160 -f 175 10,000 11,000

no

+

165 180 16,500

105 i 405 405, 435 1,200 635

100 475 400 420 1,350 685

+

no 525 440 460 1,500 750

1201 135 180 190 200 i 235 18,000! 20,000

145 235 210 365 255 475 22,000 25,000

255 925 1,600 400 1,425 520 27,500 37,500

1.025 1.750 1.575 42,500

465 500 i 2,300 5,350 | 31,0001 44,0001

625 950 800 1,300 3,350 4,500 7,550 18,500 43,000 70,000 55,000 75,000

1,050 1.450 5,000 20,500 80,000 85,000

3.300 4.850 12 500 85 000 165K 185K

SMALL SIZE GDLD CERTIFICATES 19CM 1928 1928 1928 1928 1928

$10 $20 $50 $100 $500 $1 000

FR FR FR FR FR FR

2400 ..’

ma

2404 2405 2407 2408

70 80 185 300 2,250 4.750

77 88 205 330 2,450 5,250

85 85 205 375 5,600 7,400

95 95 225 410 6,100 8,100

90 100 275 525 8,500 12,000

200 275 220 260 875 1,125 1,525 1,950 18,500 19,000 22,000 25,500

100 180 200 no 300 800 575 1,400 9,250 17,000 13,000 20,000

305 310 285 390 1,225 1,500 2,150 2,800 21,000 23,500 28,000 30,000

340 430 1,650 3,100 25,500 33,000

; | 1 1 j |

425 450 2,100 4,750 27,500 40,000

575 725 3,050 6,750 40,000 50,000

3,000 4,450 11,500

7~

(iihi

150K 150K

UNCUT SHEETS OF SMALL SIZE CURRENCY SERIES DENOMINATION u”NOTES(LEGAfTENDERr 1988 $1 1928 $2 1928 $5 1951 $2 195 ’• $5 SILVER CERTIFICATES ! 928 $ 1 i-m ii 1914 $5 •U $I i m$i pm it K. 1 $8 ,;r.i no WW 0 EMERGENCY ISSUES prr. Hawaii 11 i ns N AFRICA $t NATIONAL CURRENCY PKJ9 M , r/o ini

FRIEDBERG NUMBERS

Number of Notes in sheet

CH CU 63

CU 60 ASK

BID

BID

VCH CU 64 ASK

BID

GEM CU 65 ASK

BID

ASK

BID

SUP CU 67 ASK

12 12 12 18 18

8,000 800 900 675 1,000

10,000 875 1,100 750 1,150

15,000 1,200 1,220 850 1,300

18,000 1,300 1,350 950 1,450

17,000 1,500 2,000 1,250 1,650

20,000 1,650 2,200 1,375 1,850

20,000 2,250 2,400 1,850 2,700

23,500 2,500 2,650 2,050 3,000

IV IV IV

IV IV IV

3,000 3,700 2,600

3,500 4.100 2,850 4 300

1,500 2,100 785 2,600 700 700 900

1,700 2,300 860 2,900 775 775 1000 3,300

2,200 3,000 1,250 3,800 ISO 1,000 1,350 4,200

2,500 3,300 1,375 4,200 950 1,100 1.500 4,600

2,500 3,400 1,500 4,500 1,150 1,300 1,550 5,200

2,750 3.750 1,650 4,950 1,275 1.450 1,750 5,700

3,000 4,800 1.950 6,000 1.350 1,700 2.650 6,500

3,400 5,300 2,150 6.600 1,500 1,850 2.900 7,200

5,000

1706

12 12 12 12 12 18 18 18

FR FR

2300 2306

12 12

3.200 5,250

3,500 5 750

5,000 8,000

5,500 8.800

6,500 9,350

7.200 10 150

11.000

PR FR

1800 1801 1802

6 6

500

560 610 675

575 625 675

625 675 725

600

650 700

650 675 750 4 000

FR FR PR FR FR

1500 1501-1508 1525-1531

FR FR PR FR

1600-1605 1606 1650-1654 1701 1607-1613 1613-1614

FR FR FR FR

W %P FR

——

1532

625

650 700

1801

4.8QQ

S.IQO

www. cdnpublications. com

ML

; 400

3,000 mono i 900 2.300 IV IV <v N%N 15,000

18.500

_

700 725

825

4 vm

-

A9 AO DMA NNN A*

5,750 *NN 9,300 11 000 2 150 2 550

16 750 _- ^ - _ NNN NN•


the CURRENCY DEALER NEWSLETTER MILITARY PAYMENT CERTIFICATES

PAGE 7

REPLACEMENT MILITARY PAYMENT CERTIFICATES

VG 8 SERIES FINE 12 VF 20 XF 40 AU 50 CU 60 CH CU 63 GEM CU 65 VG 8 FINE 12 VF 20 XF 40 AU 50 CH CU 63 GEM CU 65 CU 60 DENOMINATION BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK Series 461 10*

2.00 2.00

25* 50*

5«

6.00 8.25

2.50

3.00

3.45

2.50 7.00 9.25

3.00

3.45 10.00 11.00

11.00 12.00

6.00 5.50 12.00 14.00

$1.00 $5.00

3.00

4.00

4.50

17.50

20.00

19.00

5.00 21.00

6.00 25.00

7.00 27.00

$10.00

17.50

12.00 50.00

20.00

19.00

21.00

22.00

24.00

35.00

5*

2.75 2.50

3.25

3.25

8.00

17

5.50

11.00

50* $1.00

9.00

12.00

13.00

9.50

11.00

11.00 11.00

16.00 19.00

6.50 18.00 21.00

11

7.00

4.25 9.00

3.75 4.75

7.00

3.00 9.00

13.00

20.00

23.00

$5.00

350

385

385

$10.00

110

130

130

425 150

Issued 9/16/46 through 3/10/47

9.00 10.00

5.50 4.50

11.00

12.00 10.00 24.00

20

9.00 22.00 23.00

25.00 13.00 55.00

46 38 75

100 80

42.00

70

155

19 12

27

30

26 70

28

23 33

40 45

45

90

100 130

185

50 50 100

60 60 115

90

140 100

155 110

205 175

215 200

235 220

60 55 165

60

66

60 165 190

65 185

50

60 65 120 195 180 300 280

70 75 130

110 100 800

215 200

425 160 700 525

345 320

125 110

140 150

155 165

950 500 180

1,300 550 300

1,500

190

210

210 1,900

230 2,100

725

800 425 900 725

900 475 1,000 900

775 625

800 600

885

500 525 625 650 1,450 1,500

575 725 1,700

1,000

1,100

2,200

2,400

l\l IV

(V fU Af

700

850

1,050

1,150

5,750 6,000

7,000

8,500

9,500

175 185

210 235

3,850

4,800

5,300

430

535

650 340

375 400 2,200

450 475 2,400

675 700 2,900

750 775 3,200

725

875

1,400

1,600

1,500

1,650

1,600 2,900

1,800 3,200

3,200 5,900

3,500 6,500

240

375 395

430 475

470 450

510

270

650

750

900

600 550 725

775 810

850 885

900

1,000

700 800

850 950

825

550

1,000

925 1,100

725 675 865

750 700 900

900 850 1,100

1,450 1,550 3,000 1,550

3,300

Series 471 Issued 3/10/47 through

10* 25*

3/22/48

Series 472 Issued 3/22/48

10*

5*

1.00 1.25

1.25 1.50

through

25*

1.75

6/20/51

50* $1.00

2.25 3.75

4.00

$5.00 $10.00

75 20

3.25

800 170-

880 190

60 90 80

70 100 88

1,650

1,800

135 2,400

350

385

375

1.35

1.60 9.00 16.50 32.00

2.00 12

2.25

8.00

14

39 43

100

80 110

170 190

185 210

230

5,250 700

5,250 750

5.50

6.25

8.00

34

38

45

43 48

100 115 155

110 130 170

115 140 185

1,700 1,000

1,850

13.00 8.50 14.50 17 32 45 100

1.10

1.35 1.85 2.75

1.20 3.00 7.50

4.00

5.00

11.00

13.00

15.00 28.00

6.50

7.50

14.00

15.50

33.00

37.00

65

105 35

160

175

650

55

65

260 130

280

22

95 32

75 725

145

325

360

1.50

2.50

3.25

2.75

4.00

6.50 7.50

7.50

1.75

9.00 25.00

11.00 30.00 41.00 275

38 80 450

160

435

4.50 85

150

150 2,650 4,750 410 650

1.65 2.25

1.50 3.40 8.50

55 50

210 255 5,750

73 85 225 285 330

850

9,000 1,950

9.00 50

14.00 64

125

215

1,775

155 210 1,900

235 350 2,250

1,100

1,100

1,200

2,050

15.00

14.50

16.00

16.50

15.00 35

17.00 39

18.00 18.50

35 110

80 93

450 575

250

1,300

315 365 10,000 2,150

15.50 70 235 260 385 2,450 2,250

600 5,000

95 100 2,200 320

725

105

160

120

165

2,450 3,500 360 375

650

725

975 2,050

1,075 2,250

Series 481 Issued 6/20/51

5*

1.00

1.25

1.10

1.35

10*

1.00

1.25

1.10

1.35

1.25 1.35

through

25*

1.50

2.00

2.50

3.00

5.00

50*

3.25

3.75

5.00

6.00

11.00

6.00 13.00

$1.00 $5.00

5.00 45

6.00 50

7.50 75

8.50 85

13.50

15.50 100

$10.00

20

23

31

34

90 50

36.00 250

55

145

1.50 1.50

1.40

1.65 1.60

2.00

1.35

2.50 2.00

5/25/54

15

90 550 480

175 1,000 900

195 1,200 1,000

45

125

135

205 1,300 1,200

225 1,450

215 325 2,200

1,350

1,750

20.00 21.00 50 235 375 2,400 1,900

90 80

100 90

110 100

135 110

220 175

260 205

350 300

95 1,350 550

105 1,500 675

115

125

260

285

440

425 360 485

650

775

750

875

900

1,100

Series 521 Issued 5/25/54 through

5*

1.25

10*

1.25

25* 50*

1.75 3.50

2.00

2.50

3.00

1.75 5.50

5.00

4.50

5.00

10.00

6.00 11.00

4.00

5.00

9.00

11.00

4.00 13.00 22.50

5.00 14.00 25.00

10.00

11.00 21 45

18 19

20 21

23 23 58

25 30 85

130

145

165

185

305

335

475

525

33 95

115 205

130

155

160

180

350

400

110

120

190

3.100 1.100

3,500 1,650

3,850 1,800

4,100 2,200

210 4,500

425 575

660 750

95

415 440

600 675

47 85 1,150 2,800 480 1,000

310 350

330 440 475

735

140

300 375 400

300 400

125

225 340 380

175 330

665

45

20 21 50

27

40

5.50 18

6.00

8.50

9.50

65

110

120

135

190

210

27

30

75 65

100

20 34

80

90

115

150

180

200 325

90 365

220 360 255

410

200 130 450

100 245

9,000 2,000 3,900

4,300

5,500

120

130

145

1,450 1,500 750 550

1,650

1,800

850

900

$1.00

5.50

6.00

7.00

8.00

18.00

180

200

250

550

600

1,050

$10.00

45

55

225 58

10.00 385

16.00

$5.00

9.00 350

19 40 42

65

100

110

240

260

440

5*

1.00

1.25

1.25 3.00

1.50 3.50

2.00 6.00

5.50

8.00

17

19

2.25

6.00

7.00

15.00

17

2.00

2.00 2.50

7.00 16.50

2.40 7.00

5.00

1.25 1.75

1.35 1.35

2.80

1.00

1.10 1.10

2.50

10*

3.50

20.00

22.00

7.50 900

8.50 1,000

19.00 1,500

22.00 1,700

30.00 45.00

33.00 50.00

2,300

135

155

150

170

440

5/27/58

,300 1,400 1,400

650

2,400

Series 541 Issued 5/27/58 through

25* 50*

1.50 1.75

$1.00

6.50

$5.00

600

7.00 660

$10.00

125

145

1.00 1.25

1.25

1.25

1.50

4.00

5.00

1.50

2.00

2.50

3.50

4.00

5/26/61

38

42

290 480 7,000 12,000 4,000 4,800

320 535 14,000

335 8,000

5,400

1,800

70 80

80

19 38 80

30

33

150

2,550

125 275 3,200 5,000

135

70 2,900

300 5,500

485

1,100

1,200

1,950

2,150

300 6,000 3,500

8.00

10.00

41 44

45

50

60

10.00

18 21

45

8.00

50

50

50 75

120

130 150

130 185

55 145

70 300

205

80 1,200

150 1,350 2,900 925 1,800

180 3,200

195 3,500

215 3,850

305 430

335 480

6,000

2,000

2,200

2,400

3,200

6,600 3,500

19 21

25 38

28

35

31

55 135

170 330

75

110

140 500

270 160

250 250

275

300

350

350

385

550

600

290 525 300

340 600 350

340

375

675

775

375

425

120 80

135 90

175 85

195 95

235

260

110

120

255 365 2,050 2,500 1,500 1,900

425 3,000 2,300

670

740

1,875

2,075

385

425

400

450

400

275 440

265 1,250

290 1,400

230

290

330

4,500 1,350

7,500

8,500

1,200

550

230 700

6,000

8,300

9,100

210

2,000 1,000

3,750

850

Series 591 Issued

5* 10*

5/26/61 through

25*

8.00

9.00

10.00

12.00

14.00

16.00

30.00

33.00

1/6/64

50*

13.00

15.00

15.00

17.00

21.00

24.00

$1.00

7.00

8.00

10.00

12.00

19.00

22.00

45.00 45.00

52.00 52.00

$5.00

360

390

415

455

$10.00

75

85

105

115

1.25

1.20

1.50

1.50 1.50

1.25 1.75

135

575 185

625 210

850 335

950 365

3.00 3.00

3.50 3.50

7.00

8.00

8.00

9.00

16

18

17

8.00

9.00

10.00

18

11.00

22.00

26

29

17.00

19.00

27.00

30.00

30

4.75 120

5.50 130

10.00

11.00

25

33 27

60 85

20 65

19

10.00

7.00 20.00

40

95 48

250

300

350

385

475

525

825

90

330 1,300 475

Series 611 1/6/64

10*

through

25*

1.00 1.00 1.00

Issued

5*

4/28/69

50*

3.00

4.00

4.25

1.75 2.25 5.00

$1.00

3.00

3.50

3.50

4.00

$5.00

66

76

80

$10.00

45

50

75

90 85

42

70 100

75

85

92

110

155

48

55

90

170 100

550

600

1,025 1,300

1,125 1,450

120

130

210

230

285

315

550

600

725

825

1.60

3.00

3.50

6.00

6.75

3.00 7.00

5.00 8.50

14.00

3.75 6.50

3.50 8.00

3.50 4.50

4.00

2.25

17

16.00 19

35 30 450

45 35

50 45

60

65

75

75

85

90

100

50

60

65

70

75

75

80

550

600

725

750

875

900

1,100

70 400

77

85

120

600 375

900

1,100

165 1,200

185 1,450

1,700

300

95 725 450

110

480

250

650

750

950

1,150

1,250

45 90

55

50

60

70

80

100

105

120

140

200

240

110 370

125 390

85

100

115

135 145

185 210

325

325

145

210

215 250 250

310 275 330

230

Series 641 Issued 8/31/65 through

5*

1.00

1.25

1.05

1.30

1.10

1.35

1.15

10* 25*

1.00

1.25

1.05

1.10

1.35

1.15

1.40 1.40

1.20 1.50

1.00

1.25

1.05

1.30 1.30

1.10

1.35

2.00

2.50

2.50 5.50

50*

1.00

1.40

1.25

1.75

2.50

1.00

1.25 1.50

1.10

$1.00

1.50

2.00

2.00

2.50

3.25

3.00 3.75

$5.00

8.00

11.00

12.00

14.00

17.00

19.00

$10.00

7.00

8.00

8.50

9.50

15.00

17.00

34.00 29.00

38.00 32.00

140

130

145

10/21/68

7.50

415 425

475

600 610

500

650

1,000

1,200

2,000

255

410

775 450

575

625

1,350

2,400 1,500

6,600 11,000

12,500

420

470

490

550

320 400

350 440

350 525

385 575

550 360

650 400

675

750

330 700

365 850

1,000

420 410 1,150 2,200 1,850 4,000 1,300 2,300

460 2,650

28

100

35

125 125

130

145

240

100 300

120 120

110

38 265

330

85

95

115

125

180

200

85

95

375 120

425 135

450 230

145 80

160

150

90

90

165 100

160 100

no

2,400 4,500

5,000

6,000

170 165

190 185

260 180

300 225

165 160 1,700 2,400 150 100

185

225

250

2,700

3,100 215

3,400 235

450 875

550 975

77

37

40

150 70

140

155

75

80 175

500 650

400

25

11.00

225 550

400

15.00

22.00

19.00 100

500 450

330

13.00

8.50

200

390 460

21.00 20.00

9.00

7.50 70

150 430

675

Series 651 Issued

5* 10*

120 45

4/28/68 through

25*

120

11/19/73

50* $1.00

55.00 1.00

$5.00

24.00

$10.00

22.00

135 -

50

125 50-

130 130 60.00 60.00 1.50 1.50 28.00 28.00 24.00 25.00

55-

60

135 65 -

55 140

140

150

150

165

160

65.00

65.00

70.00

70.00

75.00

75

2.00

2.50

3.00

4.50

5.50

32.00

35.00

40.00

47.00

53.00

11 60

28.00

29.00

32.00

46.00

53.00

175

170

185

180

200

190

210

80 14

80 18

85

95 23

no

120

20

85 21

32

36

72

80

78

85

82

90

60

65 70

105

115

125

140

150

165

2,200

1.65 1.50

2.00 2.25

4.00

4.50

5.50

6.00

11.00

12.00

145

170

3.75

4.25

5.25

5.75

11.50

12.50

19.00

12.50

13.50 13.50

140 140

160

12.00 12.00 12.00

10.50 17.00 18.00

20.00

1,500

14.00

15.50

22.00

24.00

85

18.00 1,250

25.00

27.00

325

375

400

1,750

1,900

750

850

800

170 480 900

1,000

1,100

310

360

395

480

425

525

1,075 725

1,175 800

1,650 1,150

195 215

200

240

225

265

240

250

300

230 800

230 975

280 1,175

775 550

900

Series 661 5*

1.00

1.25

1.20

1.45

1.30

1.60

10*

1.00

1.25

1.10 1.10

1.35

10/21/68

1.35

1.20

1.30

1.60

through

25*

1.00

1.25

1.10

1.35

2.00

4.00 11.00

1.35

1.90

2.00

2.50 2.50

3.00

1.10 1.10

1.20 1.40

1.45 1.45

4.00

5.00 11.00

1.35

1.20

1.45

2.00

2.50

3.50

5.50

11.00

1.25

1.75

1.50

2.00

5.00

6.00

6.50

14.00

Issued

50*

1.00

1.25

$1.00

1.00

$5.00

1.00

1.25 1.50

$10.00

80

90

105

115

140

155

365

500

13.00 800

900

16.00 1,150

$20.00

55

62

60

67

65

72

330 140

5.50 450

155

210

230

675

750

850

925

8/11/69

Series 681 5*

1.00

1.25

1.05

1.30

1.10

1.35

1.15

5.00

4.50

5.50

9.00

10.00

65

100

110

130

165

1.25

1.05

1.30

1.10

1.35

1.15

2.40

4.00

5.00

4.50

5.50

11.00

70

95

115

120

140

180

through

25*

1.25

1.05

1.30

1.10

1.35

2.00

2.50

3.50

4.50

7.00

10.00

10.00

11.00

10/7/70

50*

1.00 1.00

10.00 12.00

75 80

90

1.00

1.25 1.60

4.00

10*

1.40 1.40

1.75

8/11/69

1.25

1.05

1.30

1.10

1.35

2.25

3.00

4.50

5.50

8.50

10.50

10.50

11.50

13.00 14.00

75

85

100

120

125

150

$1.00

1.10

1.50

1.75

2.00

2.75

3.00

4.50

9.00

10.00

11.00

12.00

65

80

125

150

200 185

Issued

13.00 18.00

I. 25

2.00

3.00

10.00

11.00

18.00

3.50 20

22

35

40

63

70

100

20.00 no

450

75 500

510

95 570

$10.00

II. 00

13.00

17.00

19.00

25.00

27.00

43.00

47.00

70

80

175

195

200

220

275

310

375

425

450

500

600 550

660 600

725

$5.00

2.25 16.00

$20.00

10.00

12.00 14.00

16.00

26.00

28.00

45.00

50.00

80

90

175

195

325

355

460

500

185

210

285

320

400

450

500

115

125

200

220

850

925

950

1,050

Unissued

$1.00 $5.00 $10.00 $20.00

170

185

185

205

205

225

Series 692 Issued 10/7/70 through 3/15/73

5* 10*

450

650

4.00

5.00

5.50

6.00

7.00

8.00

35

45

3.00

4.50

5.25

6.75

9.00

40

50

45 60

50 70

16.00

8.00 17

95

100

110

160

29

19 32

80

20

95

115

125

145

210

85 1,250

100

100

120

135

230 160

1,400

1,300

1,425

1,325

200

240

260

285

410

1.35

1.35

1.65

2.25

2.60

4.75

5.50

10.00

11.00

1.90

1.90

2.75

3.00

4.00

7.75

14.00

16.00

18

$1.00

1.50

1.75

1.85

2.25

3.50

10.00

11.00

45

45

50

65

75

30

33

35

40

50

80

90

no

14.00 120

40

$5.00

3.00 45

6.75 12.00

325

450

500

475

525

500

550

900

1,000

500

600

950

1,050

375 600 550 650

425 660 600 710

$10.00

45

55

58

65

95

105

195

220

280

310

450

355 490

$20.00

35

40

45

50

75

85

100

110

270

300

465

525

$10.00

210 1,375

2.75

2.00

1.50

_$20.00

1,450

1.75

1.60

1.10

$5.00

385

1.60

1.30

1.75

$1.00

300

335

1.30

1.45

Series 701 Unissued

250

1.45

1.20

1.75

www. cdnpublications. com

850

105

1.20

1.35

1.00

725

105

95

1.35

1.10

1.25

1,525

95

85 180

1.10

1.25

675

125 135 260 400 260 1,425

72

75

1.25

1.00

25* 50*

700

65

1.00

6.00 14.00

450

490

IV IV IV

IV IV IV

4,500 2,550

6,500

7,500

275

325

350

300

360

350 350

400

400

425

460

2,200 1,100 1,900 775 1,200

2,650

J M IV

1.25 2.00

Series 691

375

240

440 500

540

525

575

4,400

4,800

525 525

575 575

1,850 1,100 900 4,600

2,000

2,750

2,300 1,450

480 300 1,575

270 290 300 500 310 1,600

300 350 360 600 360 1,750

1,800

2,000 2,500

950

1,550

1,700

1,725

1,900

140 150 310

1,200 1,000 5,000


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the CURRENCY DEALER the Greensheet - a monthly report on the Currency Market published by the Coin Dealer Newsletter (est. 1963)

XX 0\ llCf /)| T/)!♦ f lO L X #

APRIL 2011

^

Single copy price: $5.00

MARKET CONTINUES CAUTIOUS RECOVERY WORLD PAPER MONEY STRONGEST IN KNIGHT CHICAGO SALE

ACTIVITY . . .across the market by Kevin Foley The pattern of slow recovery that has characterized the market for collectable Paper Money continued to be in evidence at the recent Chi¬ cago Paper Money Expo. The show was held at the Crowne Plaza Chi¬ cago O'Hare, a venue that will host two additional numismatic events this year, the April 14-17 Chicago International Coin Fair and the No¬ vember 10-13 International Currency and Coin Convention. The Lyn Knight auction held in conjunction with the CPMX dem¬ onstrated the increasing popularity of World Paper Money, a segment of the sale that had a 93% sell-through rate. This contrasted with the somewhat lower sell-through rates of 83% for the exceptionally large and advanced error offering of the Gregg Anderson Collection, 83% for Small Size Type, 86% for Large Size Type and 84% for National Bank Notes. Recent sell-through rates experienced in a succession of Herit¬ age auctions have typically been above - sometimes well above - the 90% level in each of these areas. The Knight firm was a pioneer in the consistent offering of reasona¬ bly significant World Currency sections in its live auctions in this coun¬ try. While a succession of such efforts five or more years ago typically resulted in disappointing sell-through rates hovering around the 60% level, more recent World Currency sales by the firm generally confirm a growing collector interest in material foreign to the United States, with such material showing a growing collector base and rising - as opposed to recovering - prices. Third-party certification has yet to penetrate this field at a level even remotely approaching that evident for US items. Indeed, the incredible diversity of this general field would seem to militate against the same kind of certified material investment/specu¬ lation-based promotion that periodically leads to bubbles and collapses in the United States market, especially in the Large Size Type field.

LARGE SIZE TYPE NOTES The Knight auction generally confirmed recent price trends here. That is, there continues to be a pattern of consolidation and slow re¬ covery based on the reentry of buyers whose instincts caused them to withdraw from the acquisition mode as prices careened in a near frenzy to an ultimate collapse now approaching three years ago. A few indi¬ vidual results merit comment: A Fr. 64 in PMG 65 sold for $6,038; $1, $2 and $5 Educational Notes with PCGS grades of 65, 65 and 66, respec¬ tively, sold for $2,990, $7,763 and $18,400. Although the Knight auction didn't contain any six-figure plus rarities, it did offer a fair number of items anticipated to sell above $20,000—and most of those did sell.

SMALL SIZE TYPE NOTES Small Size Type at the CPMX auction sold roughly within recent ranges. Of particular interest was a $5,000 1934 Chicago FRN certified

as PMG 53. It sold for $72,450. Low and Fancy Serials in the auction attracted a strong base of buyer interest. Worth commenting on is the $11,500 result for an uncertified Gem $5 1934C with solid 9s, a level several hundred times higher than the item might have commanded with an ordinary serial. Dealers with booths at the CPMX reported increasing buyer interest from event attendees, an indicator that the general public continues to return to the marketplace in the face of the generally lower price levels now typically encountered versus several years ago.

FRACTIONAL CURRENCY Fractional Currency remains a buying opportunity for individuals willing to purchase items experiencing lower levels of demand than the other collecting specialties reported on here. At present, there are simply more Notes than buyers willing to clear the market. The prima¬ ry-focus remains on material that is scarce to rare, as well as on items of exceptionally high quality, regardless of the underlying rarity of the particular Type under consideration.

NATIONAL BANK NOTES National Bank Notes remain an area less susceptible to being driv¬ en by third-party certification, in contrast to Large Size Type and to a lesser, but nonetheless increasing extent, the Small Size Type market¬ place. The incredible scope and breadth of the marketplace here, as well as the fact that scarcity rather than condition typically remains the primary determinant of price levels, distinguishes this field from the aforementioned. Driven as it is by geographic specialization. Nationals remain a very thin market, with small populations available for most issuers and small numbers of buyers at any given time wiling to spend serious money to acquire material from any particular state. Because of this, there can be greater uncertainty as to what something is really "worth" at any given point in time. Likewise, the entry or departure of a small number of collectors - sometimes even a single buyer - within a given state market can have a surprisingly large impact on prices. The grow¬ ing importance of real-time internet Bidding at major auctions is hav¬ ing an impact on this situation by facilitating a wider circle of buyers being able to participate at a minimum of personal effort and overhead cost in any given sale. This market-widening mechanism should be¬ come increasingly important with the passage of time. A Note of particular importance sold by Knight in Chicago was a $100 1902 Red Seal in VF+ on the First National Bank of Reading, Penn¬ sylvania. Last sold by R.M. Smythe & Co. in 2003 for $21,700, it cost its new owner $30,475 at the CPMX auction.

MISCELLANEOUS Confederate and Obsolete Notes continue to be collector dominat¬ ed fields far less driven by investment/speculation acquisition strate¬ gies and more subject to interest by collectors motivated by historical appreciation and a desire to hold and enjoy material for a longer pe¬ riod, as opposed to acquiring and selling for a profit in as short a time as possible. _ Guest commentary provided by Kevin Foley, PO. Box 573, Milwaukee, WI53201, kfoley2@wi.rr.com, Phone (414) 421-3484

The Greensheet reports the national currency market^on^jiionthly^basis^


cunKK Mi ' >ii dba

the CURRENCY HEALER >>u ftNMkdi newsletter

Reprint of any part of any issue without permission is expressly forbidden by law. EXECUTIVE DIRECTOR MARKET ANALYST

Paulin*- Miladin Stuart Segan

PUBLISHER & EDITOR CIRCULATION & ADVERTISING

Depl. CDn the CURRENCY HEALER P.O. Box 7939 ‘the Greensheet" fI(?WSlet ter Torrance, CA 90504-7939 Phone- (310) 515-7369 www.cdnpublicalions.com • cdn®greysheet.com □ Please start sending me the Monthly CURRENCY DEALER NEWSLETTER

□ 1 Year $44.00

Shane Downing Betty Morris

Dw CliMi.V. > DEALER NEWSLETTER reports thr national currency market on a monthly basis Under the present sys¬ tem, it i* impossible to monitor all transaction* or otters to buy and sell, but the broad information sources of the Newsletter make it a very accurate reflection of the market The price* in the Newsletter are from dealer-to-dealer transactions. Nubiw ripoon Rate*. 1 year-$44. 2 years-kTS. Advertising Rates: S35 per column inch. Advertising space is limited; ads will be placed m the first possible edition The Currency IteJrr Newsletter (LSPS <0070%) is published monthly bv CDN Inc., 18807 Crenshaw Place, Torrance, CA 9Q504^21 Period*. »i* puatage paid at Torrance. CA POSTMASTER. Send address changes to the Currency Dealer Newsletter, P.O. Bo* 110W, Iterance CA 40510

WORLD CURRENCY... THE FINAL FRONTIER? The popular television series Star Trek proclaimed space as the “Final Frontier." When applied to collecting Paper Money, the final frontier is world currency. People have been collecting foreign Notes as long as <**3SS«“Lr\ they have existed, but the last decade has seen •’***5* them go from junk box fodder to seriously collected material. Once looked down upon as a waste of time and space, now world currency can be found on most tables at every major show as well as local coin shops and the ever present eBay. These Notes also contribute to many first class auctions both here in the States and abroad. Those dealers who answer "I don't do foreign"' are fast becoming the exception. Prior to the first Memphis Paper Money Show, there had been few attempts at putting on a show with the major attraction being Paper Money. Of course, most of the Notes offered at that time were the standard US Issues, but, little by little, world Notes pushed their way into the mix. It's easy to understand the lack of broad interest at that time when you realize that all the great world Paper Money catalogs didn't exist just 20 short years ago! Earlier attempts were met with negative results, and most collectors knew very little, except that the Notes were interesting and colorful. A few collectors/researchers such as Neil Shafer, Albert Pick, Carlos Gaytan, Ward Smith and Brian Matravers, just to name a few, started to publish their research, and the door was opened. Most collectors started by buying Notes from junk boxes for 5c to 10c each with no idea of their rarity or worth. This was back in the 60s when foreign paper junk boxes were almost as rare as those seeking their contents. Most world dealers were in Europe and very few lists of merchandise for sale were available. With the founding Price Certified of the International Banknote Foreign Realized Society in 1961, collectors realized Grade Country that they weren't alone in their PMG Gem Greenland love for Notes other than those of Unc 66 EPQ $299 (Denmark) the good old USA. Pop. 4 5 Kroner It's interesting that one (1913) of the countries many people started their collections with, PMG Choice Jamaica Czechoslovakia, is still relatively Unc. 64 EPQ $4,025 5 Pound inexpensive today. However, Pop. 1 (I960) these same Notes are much PMG Gem Guatemala tougher to find. In many cases, $1,610 missing Notes from world 10 Quetzales Unc. 66 collections are not missing due Pop. 4 (1945) to the cost but rather lack of PMG VF 35 India material. I personally have been $8,625 1000 Rupees Pop. 1 collecting German East Africa (1937) Notes for over 40 years and still

□ 2 Years $78.00

Name Address

_

_

City, State & Zip____ Company & Phone need seven Notes. I have most of the expensive Notes, like the 500 Rupien, but lack some of the more affordable Bush Note varieties. Can you say the same for most collections of US Notes? Also, the chance of finding an "unknown" Note in a junk box is still a reality. I found such a Note (Suriname P-86) several years ago in a group of German Notgeld. Try this: Go to any major Paper Money Show and take a want list of Notes from Guatemala, Scotland, China, or any country you choose and see how many you get to take home. I'm not talking about new issues, although this could be tough as well. My point is that many, many World Notes are scarce to rare because they are seldom seen or unavailable. This is part of the attraction for those who collect. At this l same show you will be able to buy most federal issues 1 and many scarce to rare Nationals. 1 didn't say all, but if 1 you have enough cash in your jeans, you won't go away jempty handed. Will foreign Notes ever be as rare as 1 the "Watermelon" or a Confederate "Indian Princess" 1 in regards to value? Of course not, but in regards to 1 locating the same, the world list would be endless. As in all collectibles, there is no "right" way to ’ collect foreign Notes. A few ideas include Queen Elizabeth II, certain denominations, ships, animals, certain countries, certain banks, geographical areas such as Africa, former colonies, etc. Condition is also a collecting factor. Some people only collect Proof Notes, others prefer CU while still others only collect nice Circulated material. Until recent years, very few dealers specialized in new issues. They were always available from certain countries, but now numerous dealers offer Notes from everywhere almost as soon as they are issued. This is a great way to add to your collection, but it has its drawbacks as well. Since the cost of new issues is primarily based on exchange values, the price you pay may be considerably more than the value a year later when the rates have changed and cheaper Notes flood the market. At the same time, dealers and collectors who were willing to take a chance on high value colonial issues back in the 60s were able to make a nice profit or in the case of the collector, enjoy owning Notes they couldn't afford today. Please don't get the idea that world paper is all cheap or that it lacks investment potential. Anyone who bought quality Notes from better countries in the last 20 years has seen quite an increase as the demand helped escalate prices. Check out some of the prices realized, and you'll see that many hammer prices well exceed the estimates. Fresh material is hard to come by and disappears as soon as it's offered. The sky's the limit as far as what you can purchase. The junk boxes are still there (although you'll probably have to pay 35c to 50c each now), and you can find graded Notes in the thousands. Kids can still afford to start collecting, while serious collectors can find plenty of nice material to spend their money on. If US coins and currency have priced themselves out of your pocketbook and/or you're just looking for something new to collect, check out the world currency offered at the next show you attend. You'll find it quite interesting and it will bring the fun back to collecting. There's still time to explore that "Final Frontier."

Dusty Royer Dusty Royer's Notes of Note Dustyib@netscape.net 636-441-0481

GRADING Sight-Seen wholesale prices are for accurately graded Notes - Certified or Raw. Superb Gem /ery Choice Choice

Crisp Crisp Crisp Crisp Crisp Almost

Uncirculated-67 A nearly flawless Note with perfect centering. Full wide margins all around. Colors are totally bright, crisp and vibrant. Quality is outstanding. Uncirculated-65 An almost perfect Note. Better than average margins. No aging or fading. Uncirculated-64 A bright Note that's slightly below Gem quality. Margins and color are above average. A Note that may have slight centering problems. Uncirculated-63 A nice new Note but not quite Gem. Centering may be a little off. May show some aging or light counting smudges or wrinkles. Uncirculated-60 No trace of circulation. Can have centering problems, pin holes, counting smudges, wrinkles, close margins, or a corner tip fold (not into design). Uncirculated-50 (Almost new) These will be much the same as a "new" Note except for a single fold or several corner folds. Extra Fine-40 Circulated; may have some folds; still has some crispness. Very Fine-20 Some circulation; may show several folds and will have lost some of its crispness and color. Fine-12 Well-circulated with little crispness remaining; edges may be rough. Very Good-8 Will he- fairly well-soiled; may be significantly worn; might have roughness around the edges with only minute problems.

Use of the Friedberg numbering system is by license granted by the Coin and Currency Institute, Inc. Publishers of Paper Money of the United States, P.O. Box 1057, Clifton, N.J. 07014


APRIL 2011

the CURRENCY DEALER NEWSLETTER

PAGE

CONTINENTAL & COLONIAL CURRENCY SERIES DENOMINATION Continental Connecticut W/Hole Connecticut No Hole Delaware Georgia Maryland Massachusetts W/Hole Massachusetts No Hole New Hampshire W/Hole New Hampshire No Hole New Jersey New York North Carolina Pennsylvania Rhode Island South Carolina Vermont Virginia

FINE 12 FRIEDBERG VG 8 VF 20 XF 40 AU 50 CU 60 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 | ASK BID NUMBERS BID ASK BID ASK BID ASK BID ASK ASK BID ASK BID ASK BID ASK BID ASK BID cc CT CT DE GA MD MA MA NH NH Nj NY NC PA RI SC VT VA

1-102 1-240 1-240 1-92 1-131 1-138 1-289 1-289 1-185 1-185 1-218 1-237 1-215 1-272 1-301 1-192 1-8 1-225

50 37 55 60 280 45 33 95 185 650 60 60 65 48 53 95 6,750 85

63 43 70 70 340 55 35 110 205 775 68 80 85 51 55 135 8,500 115

57 42 65 70 315 50 36 105 200 700 67 67 75 53 58 105 7,500 95

70 48 80 80 375 60 38 120 225 850 74 88 95 56 60 155 9,500 125

90 46 84 85 360 70 43 130 230 1,000 85 105 95 55 62 185 13,500 125

100 50 93 95 400 80 47 145 250 1,100 95 115 105 60 70 205 15,000 135

105 50 120 115 650 95 56 170 275 1,350 100 135 145 78 70 250 19,000 180

115 56 130 130 700 105 61 190 300 1,500 110 150 160 84 80 275 21,000 200

140 57 140 140 925 155 63 210 315 1,775 130 165 185 100 80 275

155 65 150 155 1,000 170 68 230 350 1,950 140 180 200 110 88 300

210 80 180 180 1,850 260 80 260 575 2,400 160 205 230 130 100 355

230 88 200 200 2,050 285 88 285 625 2,650 175 225 250 140 110 385

A, M A.

Al IM Al

ai Al Al

Al IM Al

295

320

420

460

275 90 260 230 2,500 305 100 310 635

305 100 285 255 2,750 340 110 345 700

315 120 300 275 2,750 340 125 400 1,050

ai ai A,

AI Ai Al

Al Ai A,

190 320 240 165 110 385

210 350 260 180 120 415 ai Ai Ai

550

600

345 130 330 300 3,000 375 135 440 1,150

A, Al Al

230 340 255 205 165 410

250 375 280 225 180 450

Ai ai Ai

Ai ai Al

750

400 145 325 400 3,750 420 175 750

365 400 340 225 210 450

435 160 355 450 4,125 460 190 825

800 340 1,000 1,000

880 375 1,100 1,100

A, A, A,

AI IM AI

A, A, A,

Ai Ai A/ AI IM AI

A, A/ IV

Ai AI AI

A| Al A.

A, A, A-

Al AI AI

A/ A» IM

A, A- AI

Ai AI AI

Ai ai A/

400 440 375 245 230 485

725 1,075 450 400 370 890

800 1,175 550 440 410 975

A, A, A,

AI AI AI

Al AI AI

1,050

1,150

~ ~ AI

~~~

75,000 85,000 110K 80,000 205K 235K

95,000 120K 260K

Al Al Al

825

ai ai ai

OEMANO NOTES 1861 $5 1861 $10 1861 $20

FR FR FR

1-5 6-10 11-15

1,250 2,350 20,000

1,400 1,800 2,600 5,000 22,000 40,000

1862 $1 1862 $2 1862-3 $5 1862-3 $10 1862-3 $20 1862-3 $50 1862-3 $100 1869 $1 1869 $2 1869 $5 1869 $10 1869 $20 1869 $50 1869 $100 1874 SI 1874 $2 1874 $50 1875 $1 1875 $2 1875 $5 1875 $10 1875 $20 1875 $50 1875 $100 1878 $1 1878 $2 1878 $5 1878 $10 1878 $20 1878 $50 1878 $100 1880 $1 lg. seal; red nos. 1880 $1 lg. seal; blue nos. 1880 $1 sm. seal 1880 $2 lg. seal; red nos. 1880 $2 lg. seal; blue nos. 1880 $2 sm. seal 1880 $5 lg. seal; red nos. 1880 $5 lg. seal; blue nos. 1880 $5 sm. seal 1880 $10 lg. seal; red nos. 1880 $10 lg. seal; blue nos. 1880 $10 sm. seal 1880 $20 lg. seal; blue nos. 1880 $20 sm. seal; blue nos. 1880 $20 sm. seal; red nos. 1880 $50 lg. seal 1880 $50 sm. seal 1880 $100 lg. seal 1880 $100 sm. seal 1901 $10 1907 $5 1917 $1 1917 $2 1923 $1 1923 $10

FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR

16-17 41 61-63 93-95 124-126 148-150 165-167 18 42 64 96 127 151 168 19 43 152 20-26 44-47 65-68 97-98 128 153 169-170 27 48-49 69 99 129 154 171 28-30 31-33 34-35 50-52 53-54 55-56 70-72 73-78 79-82 100-102 103-109 110-113 130-139 140-145 146-147 155-161 162-164 172-178 179-182 114-122 83-92 36-39 57-60 40 123

145 300 335 480 1,250 6,000 12,500 210 345 180 340 1,100 6,450 6,800 95 185 2,500 73 165 105 475 525 125K 5,500 80 145 105 310 465 2,450 4,200 90 300 85 90 625 90 95 87 82 215 220 210 275 225 185 1,650 1,550 3.900 3,200 400 65 40 50 75 475

160 335 370 540 1,375 6,600 14,000 230 375 195 375 1,200 7,000 7,600 105 205 2,750 80 180 115 525 575 135K 6,000 90 160 115 340 515 2,700 4,600 100 330 95 100 675 100 105 97 90 235 240 230 300 250 205 1,800 1,700 4.300 3,500 440 70 44 55 82 525

2,000 3,400 5,500 11,000 44,000 82,500

u.s. 260 460 395 850 1,750 13,000 27,500 375 525 385 585 1,650 17,000 14,000 145 325 4,500 100 330 150 950 975 185K 13,000 115 305 175 575 600 4,200 7,500 140 425 110 120 925 115 150 150 105 400 365 350 365 320 275 3,250 2,700 7.250 6,000 515 130 60 60 115 1,000

285 500 430 925 1,950 14,500 30,000 405 575 415 640 1,800 19,000 15,500 160 355 5,000

no 360 165 1,050 1,075 205K 14,500 125 335 195 625 660 4,600 8,500 155 465 1201 130 1,025 125 165 165 115 435 400 380 400 350 300 3,550 3,000 8,000 6,600 565 + 140 65 65 125 1,100

3,700 15,000 12,000 23,000 90,000 115K

16,500 30,000 25,000 32,000 125K 125K

33,000 35,000 135K

43,000 44,000 140K

48,000 50,000 49,000 55,000 155K 170K

55,000 65,000 60,000 70,000 190K 185K

~~~

NOTES CLEGAL TENDER] 435 900 525 1,300 3.250 27,500 45,000 575 1,150 700 850 3,200 35,500 24,500 250 575 5,750 160 510 275 1,650 1,375 225K 24,000 200 475 330 750 850 7,500 12,500 200 685 180 210 1,575 145 285 300 130 575 650 450 550 365 365 5,000 2,850 15,000 11,500 700 140 + 70 70 135 2,700

475 975 575 1,425 3,550 30,000 50,000 625 1,275 825 925 3,500 39,000 27,000 275 625 6,300 180 560 300 1,800 1,500 250K 26,500 220 525 365 850 925 8,250 13,750 220 750 200 230 1,750 160 310 330 145 625 710 500 600 400 405 5,500 3,150 16,500 12,500 775 150 75 75 150 3,000

740 1,950 825 2,400 5,250 45,000 60,000 1,450 2,800 1,250 1,475 4,750 65,000 40,000 525 1,050 7,400 335 750 425 1,950 2,000 300K 36,000 340 625 500 1,200 1,150 12,500 17,500 330 1,225 265 375 3,800 235 485 475 240 825 850 800 1,150 800 725 6,500 6,400 28,000 23,500 1,900 300 105 120 265 4,250

815 1,075 2,150 2,550 900 1,150 2,600 2,750 5,750 7,000 50,000 85,000 70,000 85,000 1,600 1,950 3,100 3,850 1,375 1,950 1,650 2,200 5,250 7,750 71,000 90,000 44.000 70,000 750 575 1,275 1,150 8,100 10,500 550 360 825 1,000 525 475 2,150 2,500 2,200 2,400 325K 325K 40,000 55,000 575 375 675 800 650 550 1,300 1,850 1,250 1,650 14,000 20,000 19,500* 24,000 525 365 1,350 1,850 420 290 550 410 4,200 5,000 400 260 535: 600 525 550 265 325 900 1,200 950 1,200 875 1,050 1,250 1,500 875 1,050 800 1,000 7,100 8,750 7,000 8,500 31,000 43,500 26,000 28,500 2,075 2,550 340 325 115 135 170 130 290 375 4.650 5,800

1,175 2,800 1,250 3,000 7,750 93,000 95,000 2,150 4,250 2,150 2,400 8,500 100K 77,000 825 1,375 11,500 600 1,100 575 2.750 2,650 350K 65,000 625 880 710 2,050 1,800 22,000 26,500 575 2,050 460 600 5,500 440 675 600 360 1,325 1,300 1,150 1,650 1,150 1,100 9,500 9,300 47.500 31,000 2,800 370 150 185 410 6,350

1,400 2,900 1,175 3,200 8,250 110K 95,000 2,350 4,400 2,100 3,250 10,250 100K 80,000 975 1,450 19,000 685 1,225 750 3,000 2,750 375K 65,000 640 1,125 950 3,050 1,950 25,000 26,500 600 2,300 625 700 5,750 750 775 700 500 1,450 1,350 1,350 1,700 1,400 1,150 10,100 10,000 55,000 34,500 3,450 385 170 230 500 6,750

1,550 3,200 1,275 3,500 9,000 120K 105K 2,600 4,800 2,300 3,550 11,250 110K 88,000 1,075 1,600 21,000 750 1,350 825 3,300 3,000 405K 75,000 700 1,225 1,050 3,350 2,150 27,500 29,000 650 2,550 685 775 6,250 825 850 775 550 1,600 1,500 1,500 1,850 1,550 1,250 11,100 11,000 60,000 37,500 3,800 425 190 250 550 7,500

1,800 2,000 3,500 3,800 1,925 2,125 4,750 5,250 11,000 10,000 250K 225K 145K 155K 2,450 2,700 5,200 5,700 2,250 2,450 4,600 4,200 13,750 15,000 145K 130K 130K 120K 1,375 1,275 1,875 1,700 35,000 39,000 775 850 1,700 1,550 1,100 1,000 5,750 6,250 3,850 3,500 440K 400K 80,000 70,000 850 925 1,600 1,450 1,150 1,250 4,300 3,900 2,600 2,850 40,000 44,000 35,500 32,500 630 690 3,200 2,900 900 800 875 800 9,200 8,300 900 825 900 825 1,000 900 575 525 1,650 1,800 1,700 1,550 1,650 1,500 2,075 1,875 1,750 1,600 1,650 1,500 15,000 13,750 15,000 13,750 77,000 70.000 45,000 41,000 4,400 4,000 440 400 200 180 290 265 640 585 ^ 8 650 7,900

2,100 5,300 2,600 7,000 13,000

2,300 5,850 2,850 7,600 14,500

Al Al Al

Al A, Al

195K 175K 5,000 + 5,500 8,700 7,900 3,850 3,600 5,750 5,250 20,000 21,850 160K 175K 140K 155K 2,050 1,850 2,300 2,550 66,000 60,000 900 820 2,150 1,950 1,050 1,150 8,500 7,700 4,850 4,450 425K 475K 80,000 90,000 1,150 1,050 1,850 2,025 1,450 1,600 6,300 5,750 2,750 3,050 70,000 62,500 42,500 37,500 675 750 4,100 3,750 975 875 1,300 1,425 15,000 13,500 900 1,000 1,050 950 1,000 925 625 575 2,200 2,000 1,700 1,850 1,725 1,600 2,200 2,000 2,150 1,950 1,850 1,700 14,750 16,000 17,750 16,250 82,000 75.000 55,000 50,000 5,250 4,850 540 490 220 200 345 315 685 625 njoo 10100

4,600 8,000 5,500 + 17,500 16,500 Al Al Al

5,000 15,000 8,800 17,500 8,500 6,000 19,000 25,000 18,000 32.500

16,500 19,500 9,250 27,500 35,500

Al Al A#

Al Al Al

Al Al Al

IM Al Al 230K Al Al Al 210K 22,000 8,000 20,000 7,300 32,000 15,000 28,750 13,500 9,250 8,500 4,750 4,350 22,000 10,000 11,000 20,000 68,500 37,000 62,500 34,000 Al Al Al 195K 215K A. Al Al 250K 225K 175K 190K 6,000 5,500 2,500 2,750 8,800 8,000 4,250 4,650 145K 155K 90,000 100K 3,250 3,000 1,450 1,350 4,900 3,000 4,500 2,700 4,650 4,250 1,950 1,800 26,000 17,500 23,500 16,000 15,000 8,050 13,500 7,350 Al Al Al Al Al Al 550K 500K 110K 100K 4,250 4,650 1,800 1,675 8,000 3,750 7,250 3,450 4,700 4,300 2,000 2,200 21,500 9,500 19,500 8,500 12,000 4,150 11,000 3,750 Al A, A, Al Al A. 95,000 105K Al Al A. A* A. A, 60,000 55,000 3,450 1,200 3,150 1,100 22,000 6,000 20,000 5,500 3,000 1,100 2,750 1,000 4,600 2,300 4,200 2,100 66,000 30,000 33,000 60,000 3,400 3,700 1,350 1,450 4,200 4,600 2,500 2,750 3,600 1,500 3,300 1,375 2,450 2,200 1,250 1,150 7,150 3,750 6,500 3,400 7,150 6,500 2,750 3,000 4,300 4,750 2,750 2,500 11,000 4,400 10,000 4,000 7,400 6,750 3,850 3,500 4,500 5,000 3,200 2,900 25,000 + 27,500 40,000 + 45,000 38,000 22,000 35,000 20,000 Al Al Al 105K Al Al Al 95,000 IM Al Al 70,000 77,000 A. Al Al 17,000 7,500 15,500 6,800 1,950 1,800 700 640 1,275 1,175 415 375 1,875 1,700 500 460 3,000 2,750 920 850 13^00 2^000 ^2^00 12^00

COMPOUND INTEREST TREASURY NOTES 7,100 11,750 15,000 27,000 50,000 65,000 77,000 90,000

13,000 30,000 70,000 100K

21,000 35,000 75,000 95,000

23,000 30,000 38,000 39,500 82,000 80,000 105K 105K

INTEREST BEARING NOTES 18,000 24,500 27,500 I 40,000

27,000 31,000 44,000 |57,500

34,000 65,000

REFUNDING CERTIFICATES FR

214

1880 $20 1880 $50

FR FR FR

287-290 309-312 325-329

1886 $1 1886 $2 1886 $5

FR FR FR

215-221 240-244 259-265

1886 $20 1891 $1 1891 $2

FR FR FR

313-316 222-223 245-246

1891 $10 1891 $20 1891 $50

FR FR FR

298-301 317-322 330-335

1896 $1 1896 $2 1896 $5

FR FR FR

224-225 247-248 268-270

1899 $1 date below 1899 $1 date right 1899 $2

FR 226A-229 FR 230-236 FR 249-258

1908 $10 1923 $1

FR FR

1 100

1,400

7ssnT^50

2750r^5^^^00^^50

6^5oTT50Q

7.100 1 7,650

8,300| 9,000

10,000 115,000 + 16,500 [37,500;

SILVER CERTIFICATES

302-304 237-239

1,100 2,000 3,850 5,250 130 240 635 475 1,275 140 210 245 185 485 1,250 4,100 100 315 575 90 55 55 88 300 255 20 480

2,600 2,850 1,650 1,800 1,200 6,750 7,350 3,500 2,200 3,200 24,000 9,500 22,000 4,250 8,500 27,500 15,500 25,000 5,750 14,000 300 330 225 + 250 145 600 650 450 500 265 1,950 2,100 1,025 1,150 700 1.775 1,950 800 900 525 5,500 6,000 3,300 1,375 3,000 315 345 180 200 150 625 675 330 360 230 675 750 350 385 270 775 850 425 465 205 1,050 1,150 825 900 535 3,250 3,550 1,850 2,000 1,375 20,000 7,700 18.000 4,500 7.000 275 300 250 275 no 750 825 500 550 345 1,850 2,000 600 675 625 115 125 105 115 100 110 120 92 100 60 105 115 92 100 60 180 200 155 + 170 95 450 + 500 375 + 425 330 675 740 410 450 280 33 36 25 + 28 22 850 950 500 550 525

170 325 220 475 1,450 90 200 215 275 1,600

185 350 240 525 1,600 100 220 235 305 1,750

4,500 10,000 46,000 60,000 500 1,275 4,350 3,800 14,500 500 1,500 1.200 1,350 2,600 5,800 30.000 685 2,500 4,250 210 175 165 340 1.000 1,150 50 + 1,800

4,950 11,150 50,000 70,000 550 1,375 4,750 4,150 16,000 550 1,650 1,325 1.475 2,850 6,300 33,000 750 2,750 4,600 230 195 180 370 1,100 1,250 55 2,000

6,000 22,000 70,000 120K 1,050 1,800 6,500 6.000 32,000 650 2,150 1.700 1,850 3,500 7,200 55,000 1,000 3,800 6,300 240 205 205 635 1,600 1,500 57 2,350

6,650 6,500 24,000 28,500 110K 77,000 175K 135K 1.300 1,150 2,000 2,000 7,200 7,100 7.300 6,500 36,000 50,000 1,000 725 2,750 2,350 2.550 1,850 2,800 2,000 4,750 3,800 8,500 7,900 62,500 75,000 1,700 1,100 4,150 4,100 7,200 6,900 335 265 285 225 285 225 800 700 1.950 1,750 1,950 1.650 70 62 2,900 2.550

7,300 32,500 120K 195K 1,450 2,200 7,900 8,000 55,000 1,100 3,000 2.800 3,100 5,250 9,500 85,000 1,850 4,550 7,900 365 315 315 875 2,100 2,150 78 3,150

8,300 38,500 125K ZOOK 1,375 2,100 9.500 9.500 55,000 1,100 3,100 3.000 3,150 5,750 11,000 95.000 1,950 4,300 8,600 475 400 320 825 2,100 2,650 80 3,100

9,100 42,500 135K 220K 1,500 2,300 10,500 10,500 60,000 1,200 3,400 3.300 3,450 6,250 12,000 105K 2,150 4,700 9,400 525 440 350 900 2,300 2,900 90 3,400

10,500 44,000 140K 240K 1,975 2,200 12,000 14,000 62,500 1,200 3,850 3.250 4,150 8,800 15,000 120K

11,500 18,500 48,500 60,000 225K 155K 300K 265K 2,175 3,500 2,400 13,500 16,000 15,500 27,500 70,000 1,650 1,300 7.500 4,200 5.500 3,550 4,550 9,600 17,250 16,500 25,000 160K 130K

4,500 5,000 9,000 10,000 675 750 450 — 500 365 400 1,050 1,150 2,700 2,950 90 3,775

100 4,175

5,800 13,000 825

20,500 65,000 250K 330K

35,000 80,000 300K

38,000 87,000 330K

Al Al Al

Al Al Al

5,825 3,850 17,250 50,000 47,500 30,000

6,325 55,000 52,500

4,800 15,500 12,000

5,200 + 17,000 13,000

19,000 47,000 27,500 55,000 200K 175K

52,000 60,000 220K

6,300 16,000 14,250 20,000 2,500 900

17,500 22,000 2,750 1,375 3,800 10,000

1,800 8,250 6.000

520 1,435 4,500 -

570 1,575 4,950

1,225 3,500 9,200

125 5,800

135 6,350

440

485

treasury notes or coin NOTES 1890 $1 1890 $2 1890 $5

FR FR

353-355 359-361

1890 $20 1891 $1

FR FR

372-374 350-352

1891 $5 1891 $10 1891 $20

FR FR FR

362-365 369-371 375

375 725 375 750 2,750 140 385 335 525 2,400

415 800 415 825 3,025 155 425 370 575 2,700

485 1,350 850 1.300 5,000 210 700 600 875 3,450

525 1,500 925 1,450 5,500 230 775 650 950 3,750

1.450 3.450 1,500 2.700 7,000 420 1.150 825 1,275 5,950

1,600 3,750 1,650 3,000 7,750 460 1,250 900 1,400 6,500

2,200 6,300 3,500 3.400

2,400 7,000 3,850 3,750

10,000

11,000

650 1.800 1,200 1,500 6,750

700 1,950 1,325 1,650 7,500

www.cdnpublications.com

2,600 7,000 3,700 3.850 11,750 770 2.100 1,425 2,150 7,600

2,850 7,800 4,050 4,250 12,750 850 2,300 1,575 2,350 8,300

3,ZbU 8.500 5,000 5.500 15,000 800 2.375 2,100 3,000 10,000

6,ookj

11,750 25,000 9,500 10,750 5,500 8,000 + 8,750 12,000 8,000 17,000 6,000 7 250 16,500 i;275 825 900 875 3.250 2,875 2,550 2.650 2,300 4,400 3,950 3,300 3,600 13,250 17,000 11,000 12,000

27,500 42.500 13,000 23.500 18,500 28.500

46,500 25,500 31,000

h375 3,575

2>50 6,250

3^000 7,000

4,800 18,500

11,000 37,500

12,000 41,000


Now Accepting Consignments to Baltimore for June! Stack’s Bowers Galleries Official Auction of the Whitman Coin and Collectibles Baltimore Expo

Auction & Lot Viewing June 13-18, 2011 Consign U.S. Lots by May 2, 2011 Consign World Lots by March 28, 2011

(Ill

Stack’s Bowers Galleries returns to Baltimore this June to continue our tenure as the only official auctioneer of the highly popular Whitman Baltimore Expo. Thousands will attend this Expo, looking to buy! Whether you are a seasoned collector or this is your first consignment, our experts are just a phone call away to help guide you toward top dollar success for your coins and currency in Baltimore!

We invite you to consign to the Stack’s Bowers Galleries Official Baltimore Auction and include your valued coins and paper money in the incredible selection that will cross the auction block in June.

TCP

xzf,

Chris Napolitano

Q. David Bowers

Rick Ponterio

Christine Karstedt

President

Chairman Emeritus

Executive Vice President

Executive Vice President

Call Stack’s Bowers Galleries to Maximize Your Consignment Potential in Baltimore!

Jtaeh hBoweri GALLERIES A Spectrum Group International Company

800.458.4646 West Coast Office 800.566.2580 East Coast Office 18061 Fitch, Irvine, CA 92614 • 949.253.0916 123 West 57th Street, New York, NY 10019 • 212.582.2580 Email: info@stackshowers.com • Website: www.stacksbowers.com SBG CON Gmsht 3 24 11


APRIL 2011 SERIES DENOMINATION 1st ISSUE Original SI rays 1875 SI scallops Original $2 rays

the CURRENCY DEALER NEWSLETTER

PAGE 4

NATIONAL BANK NOTES FRIEDBERG VG 8 FINE 12 VF 20 XF 40 AU 50 CU 60 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 1 NUMBERS BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK RID ASK BID ASK 1 FR FR FR

380-382 383-386 387-389

400 500 2,050

450 550 2,250

750 675 2,650

825 735 2,875

800 925 4,200

875 1,000 4,600

1,375 1,375 5,450

1,500 1,500 5,950

1,850 1,850 7,000

2,050 2,050 7,600

2,300 2,450 7,750

2,525 2,750 8,450

2,950 2,950 9,000

1875 $2 scallops Original $5 rays 1875 $5 scallops Original $10 rays

FR FR FR FR

390-393 394-399 401-408 409-414

2,650 925 800 1,000

2,900 1,025 875 1,100

3,100 1,050 975 1,350

3,400 1,150 1,050 1,475

3,750 1,375 1,375 1,700

4,025 1,525 1,500 1,850

5,450 2,000 2,000 2,250

5,950 2,200 2,200 2,450

7,000 2,600 2,600 3,100

7,600 2,850 2,850 3,400

7,850 3,250 3,250 4,350

8.550 3.550 3,550 4,750

9,100 3,750 3,750 4,900

3,250 3,300 3,250 3,300 9,800 10,500 9,900 11,000 4,100 4,650 4,100 4,450 5,400 6,000

1875 $10 scallops Original $20 rays 1875 $20 scallops

FR FR FR

416-423 424-429 431-439

1,000 1,900 1,675

1,100 2,100 1,825

1,225 2,200 1,725

1,325 2,450 1,900

1,500 2,550 2,250

1,650 2,800 2,475

2,150 3,100 3,100

2,350 3,400 3,400

3,000 4,200 4,200

3,300 4,600 4,600

4,150 5,300 5,300

4,550 5,800 5,800

4,600 6,000 6,000

5,000 6,600 6,600

Original $50 rays 1875 $50 scallops Original $ 100 rays 1875 $100 scallops

FR FR FR FR

440-443 444-451 452-455 456-463 1 SECOND CHARTER-1 st ISSUE (BROWN BACK) 1 1882 $5 FR 466-478 I 1882 $10 FR 479-492 1 1882 $20 FR 493-506 I 1882 $50 FR 507-513 FR 1 1882 $100 519-531

11,000 11,000 13,000 13,000

12,000 12,000 14,250 14,250

12,000 12,000 14,250 14,250

13,000 13,000 15,750 15,750

13,000 13,000 15,250 15,250

14,250 14,250 16,750 16,750

14,000 14,000 17,500 17,500

15,500 15.500 19.500 19,500

18,050 18,050 26,100 26,100

20,000 20,000 28,500 28,500

20,050 20,050 28,500 28,050

22,000 22,550 22,000 22,550 31,500 34,400 31,500 34,400

25,000 25,000 38,000 38,000

320 325 500 3,300 3,850

350 350 550 3,600 4,250

340 340 525 3,650 4,000

375 375 575 4,000 4,400

440 460 700 4,150 5,000

480 500 775 4,550 5,500

750 850 1,150 6,000 8,000

825 1,025 925 1,200 1,250 1,900 6,600 7,000 8,800 11,250

1,100 1,325 2,100 7,700 12,500

1,175 1,825 2,350 10,000 13,500

1,275 2,000 2,600 11,000 15,000

1,250 2,200 2,750 12,500 16,000

1,350 1,575 2,425 2,300 3,000 3,150 13,500 15,000 18,000 18,000

1,725 1,850 2,400 2,550 3,450 4,000 16,500 22,500 20,000 24,000

3,000 2,050 4,750 2,650 4,350 7,500 25,000 33,000 26,500 35,000

3,350 5,200 8,300 36,000 38,500

SECOND CHARTER-2nd ISSUE (DATE BACK) 1882 J5 FR 532-538 1882 110 FR 539-548 1882 $20 FR 549-557 1882 $50 FR 558-565 1882 $100 FR 566-572

340 350 700 3,500 5,100

375 385 770 3,800 5,600

375 500 750 3,700 5,500

415 550 820 4,000 6,000

410 525 825 4,500 6,700

450 575 900 4,950 7,300

700 800 1,100 4,700 7,900

770 1,050 875 1,225 1,200 1,900 5,150 6,750 8,700 11,000

1,150 1,350 2,100 7,300 12,000

1.500 1,600 2,000 9.500 13,000

1,650 1,750 2,150 10.500 14.500

1,650 2,200 2,375 11,000 14,000

1,800 1,725 2,400 2,500 2,575 2,500 12,500 13,500 16,000 16,000

1,900 1,925 3,250 2,750 2,650 2,700 15,000 18,000 18,000 20,000

2,075 3,600 2,850 20,000 22,000

3,000 3,650

3,350 4,050

SECOND CHARTER-3rd ISSUE (VALUE BACK) 1882 $5 FR 573-575 1882 $10 FR 576-579 1882 $20 FR 580-585 1882 $50 FR 586 1882 $100 FR 586 A

425 410 600 37,500 70,000

465 550 450 500 675 625 42,000 45,000 80,000 80,000

600 550 700 50,000 90,000

600 650 925 55,000

660 850 700 1,100 1,000 1,650 60,000 65,000

925 1,300 1,200 1,450 1,800 2,050 70,000 75,000

1,800 1,450 1,600 2,050 2,700 2,250 82,000 90,000

2,000 2,250 3,000 100K

2,000 2,300 3,100 100K

THIRD CHARTER-lst ISSUE 1902 $5 red seal 1902 $10 red seal 1902 $20 red seal 1902 $50 red seal 1902 $100 red seal

FR FR FR FR FR

3,600 3,600 11,500

4,750 4,750 14,500

5,250 5,250 16,000

8,000

12,000 5,000 4,850 6,600

16,500 6.500 6,350 7.500

18,500 7,100 7,000 8,200

~~~

5,850 6,700 6,700

6,350 7,300 7,300

8,000 9,100 9,100

8,875 10,000 10,000

~~~

24,500 24.500 38.500 38,500

27,000 27,000 42,500 42,500

28,700 28,700 48,500 48,500

31,000 31,000 52,500 52,500

8,800 /v <v /W

~~ ~

~ ~ ~ ~ ~ ~

2.400 2,600 3.400

2,650 2,900 3,750

3,100 2,950 4,250

3,400 3,250 4,650

4,850 5,500

5,300 6,000

1,750 1,775 2,300 2,600 2,850 3,000 11,500 12,000 13,750 13,500

1,900 2,850 3,250 13,500 15,000

1,950 3,050 5,500 15.500 18.500

2,150 3,350 6,000 17,000 20,500

3,100

3,400

2,200 2,500 3,400 110K

587-589 613-615 639-641 664-666 686-688

345 460 500 4,500 5,300

375 500 550 5,000 5,800

365 500 550 4.750 5.750

400 550 600 5.250 6,400

485 550 650 5,000 6,000

525 600 725 5,500 6,600

750 1,150 1,500 5,750 7,000

825 1.250 1,650 6.250 7,700

1,000 1,550 1,875 7,000 8,500

1,100 1.700 2,050 7.700 9,300

1,425 1,800 2,400 9,000 10,500

1,575 2,000 2,650 10,000 11,500

1,600 2,100 2,600 10.500 12.500

THIRD CHARTER-2nd ISSUE (DATE BACK) 1902 $5 blue seal FR 590-597 1902 $10 blue seal FR 616-623 1902 $20 blue seal FR 642-649 1902 $50 blue seal FR 667-674 1902 $100 blue seal FR 689-697

100 110 115 625 950

110 120 130 675 1,050

120 120 135 640 1,450

130 130 150 700 1,600

175 175 175 750 1,800

195 195 195 825 2,000

275 280 280 1,900 2,850

300 310 310 2,100 3,150

410 400 425 2,600 3,500

450 440 465 2.850 3.850

500 435 500 3,600 4,900

550 475 550 3,950 5,300

550 460 550 3,900 5,000

600 500 600 4,250 5,500

630 635 640 4.200 5.200

680 690 700 4,650 5,700

825 850 900 6,300 7,000

925 950 1,000 6,900 8,000

1,500 1,750 1,900

1,650 1,950 2,100

THIRD CHARTER-3rd ISSUE 1902 $5 blue seal 1902 $10 blue seal 1902 $20 blue seal 1902 $50 blue seal 1902 $100 blue seal

FR FR FR FR FR

598-612 624-638 650-663 675-685 698-707

75 75 85 600 875

85 85 95 675 950

100 100 110 650 1,050

110 110 120 725 ‘ 1,150

120 120 125 750 1,250

130 130 140 825 1,375

200 220 235 1,475 2,300

220 240 260 1,600 2,550

230 275 320 2,100 2,500

250 300 355 2,300 2,750

315 365 400 2,500 3,200

345 400 435 2,750 3,500

375 440 515 2,700 3,450

410 480 565 3,000 3,750

475 460 550 3,750 3,650

520 500 610 4,100 4,000

525 600 725 5,400 6,000

575 650 800 5,900 6,600

1,200 1,275 1,350

1,350 1,400 1,500

1918 $1 1918 $2 1915/18 $5

FR FR FR

708-746 747-780 781-809

50 200 110

55 220 120

65 250 185

72 275 200

320 1,600 1,025

300 1,700 1,050

330 1,850 1,150

800 2,300 1,525

875 2,500 1,675

1,275 5,500 3,600

1915/18 $10 1915/18 $20 1918 $50

FR FR FR

810-821 822-830 831

685 950 3,000

750 1,050 3,300

1,000 1,575 6,100

1,100 1.700 6.700

1914 1914 1914 1914

$5 red seal $5 blue seal $10 red $10 blue

FR FR FR FR

832-843 844-891 892-903 904-951

120 36 155 38

130 40 170 42

140 57 + 210 60 +

155 62 230 65

1914 1914 1914 1914

$20 $20 $50 $50

FR 952-963 FR 964-1011 FR 1012-1023 FR 1024-1071

180 50 750 110

200 55 825 120

325 75 + 1,300 150

355 82 1,425 165

435 78 2,200 200

1914 1914 1918 1918

$100 red $100 blue $500 blue $1,000 blue

FR 1072-1083 FR 1084-1131 1132 FR 1133 FR

800 265 2,900 3,100

900 285 3.200 3,400

1,375 360 6,300 7,100

1,500 385 6,900 7,800

2,100 400 12,000 15,000

FEDERAL RESERVE BANK NOTES 85 360 250 1,550 2,500 8,800

95 400 275

120 630 420

1.700 2.700 9,600

2,800 4,900 13,750

130 685 460

185 1,050 550

3,100 4,000 5,400 7,000 15,250 21,000

205 1,150 600

210 1,250 850

4,350 4,200 7,400 7,700 22,500 23,000

230 1,375 950

295 1,450 925

4,600 6,000 9,000 8,200 25,000 27,000

6,600 6,400 10,000 11,000 29,500 32,000

-

1,400 6,000 4,000

7,000 7,750 - 8,500 21,000 12,000 17,850 20,000 32,000 43,000 52,500 35,000 39,000

23,000 35,000 57,500

FEDERAL RESERVE NOTES

red blue red blue

275 75 + 410 65

300 82 450 70

580 85 850 105

630 92 925 115

950 105 1,350 120

1,050 115 1,500 130

1,400 140 1,950 150

1,550 155 2,150 165

1,475 160 2,250 195

475 85 2,400 220

1.250 150 4.250 510

1,375 165 4,650 560

1,800 180 6,000 675

2,000 200 6,600 750

2,600 220 6,900 900

2,850 240 7,400 1,000

3,800 300 9,000 1,550

7.700 10,000 1.700 1,800 24,500 28,000 36,000 42,000

4,350 2,300 950 440 13.500 17,000 16.500 24,000

4,750 6,000 1,050 1,150 19,000 20,000 26,500 29,500

6,600 7,000 1,250 1,550 22,000 22,000 32,500 33,000

2,750 395 5,200 460

3,050 435 5,700 500

5,750 1,000 30,000 1,275

6,350 1,100 33,000 1,400

4,100 4,500 375 330 10,000 15,000 1,700 1,675

9,000 5,000 425 675 16,500 50,000 2,200 1,850

10,000 750 55,000 2,400

30,000 1,750 110K 7,500

33,000 1,950 120K 8,500

11,000 25,000 2,000 2,100 31,000 35,000 46,500 75,000

30,000 45,000 2,300 3,000 40,000 50,000 85,000 90,000

110K 50,000 3,300 7,500 57,500 70,000 125K 100K

120K 8,250 80,000 135K

75,000 70,000 85,000 85,000 140K 135K

80,000 75,000 95,000 95,000 150K 154K

85,000 105K 165K

90,000 115K

100K 125K

750K 900K

850K 1 MIL

1,600 175 2,500 215

1,950 240 2,500 240

2,150 265 2,750 265

NATIONAL GOLD 1BANK 1MOTES 5,500 13,000 11,000 35,000 35,000 67,500

2,500 5,000 4,200 10,000 14,000 32,500

14,500 35,000 38,000 45,000 74,000 85,000

38,500 45,000 50,000 55,000 95,000 95,000

50,000 55,000 60,000 65,000 105K 110K

60,000 75,000 120K

65,000 75,000 130K

500K 550K

550K 600K

550K 600K

1870-74 $5 1870-75 $10 1870-75 $20

FR 1136-1141 FR 1142-1151 FR 1152-1159

3,700 12,500

1870-75 $50 1870-75 $100

FR 1160-1161 FR 1162-1166

175K 200K

195K 225K

200K 250K

225K 275K

1882 $50 1882 $100 1905 $20

FR FR FR FR

1174-1178 1188-1197 1201-1214 1179-1180

365 775 490 900

400 850 540 1,000

435 1,200 600 1,600

475 1,350 650 1,750

■" 1,575 1,100 3,650

1,100 1,725 1,200 4,025

3,850 4,700 2,650 6,750

4,250 4,900 5,100 6,300 2,900 4,900 7,300 11,500

5,400 6,900 5,400 12,500

6,000 8,000 6,400 14,500

1906 1907 1913 1922

FR 1181-1186 FR 1167-1172 FR 1198-1199 FR 1173

95 88 385 68

105 95 425 75

160 145 425 120

175 160 465 135

250 165 575 145

275 180 625 160

575 445 1,550 300

625 485 1,700 325

900 700 3,100 525

1,000 775 3,400 575

1,250 975 3,900 725

1,375 1,075 4,300 800

1,325 1,250 5,500 825

1,475 1,375 6,000 900

1,825 1,825 6,800 1,125

100 355 520

130 365 625

145 400 685

205 460 735

225 500 800

450 1,475 2,150

500 1,625 2,350

725 2,250 2,750

800 2,450 3,050

950 2,900 3,600

1,050 3,200 3,950

1,150 4,100 4,600

1,250 4,500 5,000

1.500 6,300 6.500

1,650 7,000 7,100

3,050 14,500 16,000

90,000 90,000

100K

100K

110K

110K

300K 350K

335K 400K

400K 450K

440K 500K

450K 500K

500K 550K

600K 650K

600K 700K

650K 800K

~ ~ ~

GOLD CERTIFICATES

$20 $10 $50 $10

1922 $20 1922 $50 1922 $100

FR FR FR

1187 1200 1215

90 325 485

1922 $500 1922 $1,000

FR 1216-1217 1220 FR

3,900 5^50

4,300 9,750 (^00 K^00

10,750 ^^00

18,500 1^00

20,500 35,000 2(^500 ^4^00

38,500 48,000 7000(3

53,000 80,000 soom 95^00

7,350 6,500 8,700 10,500 7,000 7,600 16,000 20,000

U.S. FRACTIONAL CURRENCY

www.cdnpublications.com

8,100 8,800 11,500 15.500 8,300 8,900 22,000 27.500

15,000 30,000 9,700 13,750 35,000 70,000 17,000 32.500 20,000 50,000 18.500 9,600 105K 30,000 45,000 + 50,000 5,500 11,000 5,000 2,000 2,850 8.250 2,600 2,000 25,000 60,000 7,300 22,500 5.250 1,950 1,225 1,775

- 32,500 77,000 55,000 115K

5,250 3,350 16,000 27,500 17,500 30,000

5,750 30,000 33,000

150K

165K

120K

12,000 9,250 65,000 5,750


SERGIO SRNCHEZ JR. CURRENCY U.S. LARGE SIZE NOTES SPECIALIST BUY • SELL • EXPERT APPRAISALS

Large selection of US Notes, Treasury Notes, Silver Certificates, Gold Certificates, Nationals, Confederates, Colonials, & Obsoletes SMALL AND LARGE SIZE U.S. CURRENCY

Paying TOP DOLLAR for your US Type Notes P.O. BOX 44-2809 • MIAMI, FL. 33144-2809

TEL: (305) 567-1515* FAX: (305) 567-1898 E-mail: sergio@sanchezcurrencv.com www.sanchezcurrency.com PCDA-SPMC-ANA Member


U.S. FRACTIONAL CURRENCY continued SERIES DENOMINATION 50

cent cent cent cent cent

Justice—red back Justice—red back; fiber Justice—auto. Justice—green back Justice—grn.back; fiber

FRIEDBERG VG 8 FINE 12 VF 20 XF 40 AU 50 CU 60 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 NUMBERS BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK ASK BID FR 1343-1350 37.00 40.00 FR FR FR FR

1357 1355-1356 1358-1369 1370-1373

75.00 40.00 36.00 41.00

52.00 85.00 140.00 45.00 50.00 40.00 43.00 45.00 52.00

FOURTH ISSUE (1869-75) 10 cent 15 cent 25 cent

FR FR FR

1257-1261 1267-1271 1301-1307

13.50 40.00 14.00

15.00 44.00 15.50

17.00 44.00 16.00

19.00 47.00 17.50

19.00 45.00 16.50

21.00 48.00 18.00

50 cent Lincoln 50 cent Stanton 50 cent Dexter

FR FR FR

1374-1375 1376 1379

45.00 18.50 18.50

50.00 20.00 20.00

70.00 22.50 21.50

75.00 24.50 23.50

85.00 30.00 26.00

FIFTH ISSUE (1874-76) 10 cent green seal 10 cent red seal 25 cent 50 cent

FR FR FR FR

1264 1265-1266 1308-1309 1380-1381

14.00 13.50 14.00 18.50

15.50 15.00 15.50 20.00

18.00 16.00 16.00 20.00

20.00 17.50 17.50 22.00

21.00 18.00 17.50 21.00

50 50 50 50

57.00 65.00 155.00 290,00 55.00 55.00 48.00 52.00 57.00 75.00

72.00 125.00 320.00 475.00 60.00 120.00 57.00 110.00 82.00 190.00

135.00 525.00 130.00 120.00 210.00

150 600 175 140 215

165 675 190 150 235

225 1,025 260 205 425

250 1,125 285 225 465

320 1,300 400 275 775

355 1,425 440 300 850

435 2,000 440 385 1,000

475 2,200 480 425 1,100

800 2,900 725 625 1,750

875 3,200 800 675 1,900

1,400 5.500 1,350 1.500 4.500

1,550 6,500 1,500 1,650 5,500

23.00 65.00 22.00

25.00 70.00 24.00

27 70 28

29 80 31

35 80 40

38 90 44

58 100 70

63 110 77

75 135 100

80 150 110

140 210 190

150 230 210

450 1,000 475

500 1,100 525

93.00 33.00 28.00

140.00 42.00 35.00

155.00 46.00 38.00

260 75 48

285 82 52

375 100 80

410 110 88

550 240 100

600 265 110

800 300 130

875 325 140

1,300 550 290

1,450 600 320

2,375 900 700

2,600 1,000 775

23.00 20.00 19.00 23.00

26.00 23.00 22.50 27.00

28.00 25.00 25.00 29.00

36 26 30 36

40 28 33 40

55 33 38 50

60 36 42 55

75 46 44 55

80 50 48 60

80 50 55 60

90 55 60 65

135 72 65 115

145 80 72 125

350 200 350 380

400 220 385 430

U.S. FRACTIONAL CURRENCY PROOF AND SPECIMEN NOTES NARROW MARGIN WIDE MARGIN FRIEDBERG CU 60 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 CU 60 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 NUMBERS BID ASK BID ASK BID ASK BID ASK ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID

SERIES DENOMINATION FIRST ISSUE 5 cent face 5 cent back 10 cent face 10 cent back

FR FR FR FR

1231 1231 1243 1243

40 35 40 31

44 38 44 34

70 55 60 40

80 60 65 44

85 65 70 45

95 70 80 50

125 80 90 60

140 90 100 65

210 115 250 190

235 125 275 210

85 75 105 65

95 85 115 70

120 95 145 105

130 105 160 115

195 160 220 155

215 175 240 170

345 275 355 265

380 300 385 290

525 435 550 475

575 475 600 525

25 25 50 50

FR FR FR FR

1282 1282 1313 1313

38 30 62 40

42 33 67 44

73 47 77 70

80 53 85 77

100 55 90 80

110 60 100 88

150 70 155 100

165 77 170 110

205 105 290 295

225 115 320 325

115 100 165 105

125 110 180 115

125 160 180 135

135 175 200 150

180 185 230 175

200 200 255 190

335 290 330 320

365 320 360 350

600 590 625 615

650 640 690 665

SECOND ISSUE 5 cent face 5 cent back 10 cent face 10 cent back

FR FR FR FR

1232 1232 1244 1244

44 30 43 26

48 33 47 28

73 53 65 45

80 58 70 50

90 65 85 55

100 72 95 60

125 85 120 70

135 95 130 77

175 125 185 115

195 135 205 125

90 80 100 90

100 90 110 100

160 130 145 135

175 145 160 150

195 185 170 160

210 200 185 175

250 220 225 220

275 240 245 240

400 380 400 350

440 420 440 385

25 25 50 50

FR FR FR FR

1283 1283 1314 1314

47 32 47 40

53 35 53 44

65 58 65 57

70 63 70 62

88 65 90 73

95 70 100 80

135 90 150 100

145 100 165 110

200 135 300 190

220 150 330 210

145 120 140 135

160 130 155 145

160 145 210 170

175 160 230 185

205 170 290 215

225 185 320 235

285 230 415 315

310 255 455 345

525 350 650 600

575 385 715 660

THIRD ISSUE 3 cent face light 3 cent face dark 3 cent back

FR 1226 FR 1227 FR 1226-1227

70 29 26

77 32 28

95 45 40

105 50 44

115 68 50

125 75 55

165 100 70

180 110 77

nj rv rv

fsj rv i\i ru ru >v

~ ~ ~

~~~

2,750 160 100

3,050 175 110

5,000 220 165

5,500 240 180

6,250 310 220

7,000 340 240

7,250 410 330

8,000 450 360

iv IV iv

fV AJ N

5 cent face 5 cent back red 5 cent back green

FR 1236-1238 FR 1236 FR 1238

42 26 28

46 28 31

58 40 45

63 44 50

70 50 68

77 55 75

115 75 95

125 85 105

210 130 155

230 140 170

115 100 70

130 110 80

170 135 125

190 145 135

225 160 145

250 175 160

310 205 210

10 10 10 10 10

FR 1251 FR 1253 FR 1254 FR 1253-1254 FR 1255

50 68 170 50 30

55 74 185 55 33

60 85 210 80 65

65 95 230 90 70

80 100 225 95 85

88 110 250 105 93

120 130 270 120 125

130 140 295 130 135

m m iu

(9 19 IV

120 140 3,100 100 105

135 155 4,750 140 110

150 170 5,250 155 120

160 210 6,000 160 140

175 230 6,650 175 155

25 cent face 25 cent back red 25 cent back green

FR 1291-1294 FR 1291 FR 1294

75 45 30

85 50 33

100 70 58

110 80 63

110 80 65

120 90 70

135 95 75

120 105 80

140 125 105

155 135 115

170 160 128

185 175 140

SPINNER 50 cent face—printed Colby & Spinner 50 cent face—auto. Colby & Spinner 50 cent face Allison &. Spinner 50 cent face Jeffries & Spinner

FR FR FR FR

1324 1328 1329 1330

75 110 1,800 90

82 95 120 125 2,000 2,600 140 100

105 135 2,850 155

110 150 3,000 165

50 cent back green iy. 2

FR 1324-1330 FR 1331 FR 1339

65 65 1,900

70 85 70 85 2,100 2,200

95 95 2,400

100 100 2,650

face—printed Colby & Spinner face—auto. Colby & Spinner face—auto. Jeffries & Spinner back red back green

JUSTICE 50 cent face—printed Colby & Spinner FR FR 50 cent face—auto. Colby & Spinner FR 50 cent face Jeffries & Spinner 50 cent back green GRANT AND SHERMAN 15 cent face—printed Colbv

15 cent back red

180 255

150 105 82

165 130 115

180 145 125

110 95 73

120 140 165 200 3,300 4,400 180 225

155 220 4,850 250

*v <v /v

m nj m

190 200 9,000 2,000

135 110 110 135 2,900 3,750

145 145 4,100

250

nj rv rj

M Al IV

350

400

*v *v a»

~ ~ ~

~ ~ ~

~ ~ ~

250

275

f*t <V rst

<V M M

~ ~ ~

~ ~ ~

210 260 220 300 10,000 11,000 2,200 4,300

300 285 340 330 12,000 12,000 4,750 5,000

~ 625 475

340 225 230

420 350 300

465 385 330

270 295 7,000 240 215

300 325 7,700 260 235

450 475

500 525

~ ~ ~

~ ~ ~

430 415

470 450

285 245 170

320 265 185

440 425 340

480 465 375

425 330 475 375 13,200 13,000 5,500 6,500

465 525 14,250 7,000

220 190 4,500

245 210 4,900

350 275 5,800

385 420 400 315 6,300 9,300

145 275 2,350

210 285 4,300

230 310 4,750

270 370 5,000

295 400 5,500

400 500 6,500

440 550 7,000

~ ~ ~

IV IV IV

385 345

425 390

465 430

135 170 280

135 165 295

145 180 325

155 180 390

170 200 430

~ ~ ~

~ ~ ~

*V *v

~ ~ ~

~ ~ ~

~ ~ ~

130 250 2,150

FR 1343-1357 FR 1358

44 43

48 47

73 65

80 70

80 70

88 77

100 90

110 100

140 115

155 125

125 100

135 110

190 135

210 150

250 185

275 205

355 315

275 340 2,150 2,600 350 280 290 370

370 2,850 380 400

600 3,700 500 535

650 875 4,000 4,900 700 550 585 750

950 5,400 770 825

1,700

1,900

~ ~ ~

******

185 200

205 220

260 260

140 140

155 155

285 285

330 330

365 365

465 440 10,300

180 165 3,850

125 155 255

FR 1272 FR 1273-1276

IV IV rv

165 150 3,550

105 130 190

250 1,950 260 265

620 660 /V IV /V

145 145 3,250

95 120 170

1272 1273 1274 1275

570 600 ~ ~ ~ —

~ ~

135 135 2,950

1343 1355 1357A

Spinner FR FR FR 15 cent face—auto. Allison & Spinner FR &.

165 230

110 130 2,800 90 95

. 225

575 435

1,500 1,600

1,650 1,750

500 2,700 510 520

550 3,000 560 570

800 4,800 800 825

880 5,300 880 900

950 5,500 975 1,075

1,050 6,000 1,075 1,175

1,500 7,250 1,550 1,600

620 620

685 685

265 265

290 290

290 325

320 350

325 425

355 465

435 575

600 875

1,650 2,500 8,000 ~ ~ ~ 1,700 2,800 1,750 2,850 475 ^^^625

750 1,050

650 975

•s

cent cent cent cent cent

face back face back

C

cent cent cent cent

face back face back

N! Vj

cent cent cent cent

~ ~ ~

3,100 3,150 825

SMALL SIZE LEGAL TENDER NOTES SERIES DENOMINATION

FRIEDBERG NUMBERS

VG 8 BID ASK

FINE 12 BID ASK

BID

CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 CU 60 AU 50 XF 40 VF 20 ASK ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID

170 40 38 33

185 44 41 36

13.50 11.50 11.50 55

17.00 15.00 15.00 95

18.50 16.50 16.50 105

37 27 37 290

40 30 40 320

95 57 60 145

360 115 77 200

400 125 85 220

785 265 250 640

860 290 275 700

53.00 52.00 20.00 20.00

75.00 65.00 21.00 21.00

82.00 72.00 23.00 23.00

235 200 44 44

255 220 48 48

18.50 19.00 16.25

20.00 21.00 17.25

21.00 32.00 18.00

23.00 35.00 19.50

44 65 42

48 75 46

330 690

345 800

375 880

475 925

525 1,000

1,050 J iv~"

1,150

42 12.00 12.00 12.00

40 14.50 13.00 12.50

44 16.00 14.50 13.50

11.00 8.50 8.50 45

12.00 9.25 9.25 50

12.50 10.50 10.50 50

55 44 44

no

75 45 45 120

85 50 50 130

85 52 55 135

40.00 40.00 17.00 17:00

+ 44.00 + 44.00 18.50 18.50

45.00 45.00 17.50 17.50

+ 50.00 + 50.00 19.00 19.00

48.00 47.00 18.50 18.50

13.00 13.00 13.00

17.00 17.00 15.00

18.50 18.50 16.00

17.50 17.50 15.50

19.00 19.00 16.50

195 380

230 500

250 550

300 630

38 11.00 11.00 11.00

38 11.00 11.00 11.00

10.00 8.00 8.00 40

11.00 8.75 8.75 44

38.00 27.50 27.50 72.00

50 40 40 100

25.00 25.00 12.00 12.00

27.50 27.50 13.00 13.00

11.00 11.00 11.00

12.00 12.00 12.00

150 185

175 350

115.00 9.00 19.00 95.00

125.00 10.00 21.00 105.00

145.00 10.50 38.00 225

160.00 11.50 42.00 250

180 15.00 60.00 300

200 16.50 70.00 330

200 40 70 475

1928 1928 1928 1928

C 52 D 52 E 32 F 52

FR FR FR FR

1504 1505 1506 1507

7.00 7.00 7.20 7.00

7.75 7.75 8.00 7.75

8.00 8.00 8.15 8.00

8.75 8.75 9.15 8.75

9.00 8.25 9.25 8.25

10.00 9.00 10.25 9.25

10.50 9.25 11.50 9.50

11.50 10.25 12.50 10.50

16.00 15.00 17.00 15.00

17.50 16.50 19.00 16.50

40 35 35 35

1928 1953 1953 1953

G 52 52 A 52 B 52

FR FR FR FR

1508 1509 1510 1511

7.00 5.00 5.00 5.00

7.75 5.50 5.50 5.50

8.00 5.15 5.15 5.15

8.75 5.65 5.65 5.65

8.25 5.35 5.35 5.35

9.25 5.85 5.85 5.85

9.25 5.75 5.75 5.75

10.25 6.25 6.25 6.25

15.00 6.25 6.25 6.25

16.50 6.75 6.75 6.75

35 10.00 10.00 10.00

1953 1963 1963 1928

C 52 52 A 32 55

FR FR FR FR

1512 1513 1514 1525

5.00 5.00 5.00 9.75

5.50 5.50 5.50 10.75

5.15 5.15 5.15 12.00

5.65 5.65 5.65 13.00

5.35 5.35 5.35 14.50

5.85 5.85 5.85 16.00

5.75 5.75 5.75 19.00

6.25 6.25 6.25 21.00

6.25 6.25 6.25 25.00

6.75 6.75 6.75 27.50

1928 1928 1928 1928

A 55 B 55 C 55 D 55

FR FR FR FR

1526 1527 1528 1529

10.50 9.50 9.50 14.75

11.50 10.50 10.50 16.25

12.25 11.50 11.50 20.50

13.25 12.50 12.50 22.50

16.00 12.50 12.50 40.00

17.50 13.50 13.50 45.00

26.00 16.00 15.00 50.00

28.00 17.50 16.50 55.00

35.00 25.00 25.00 65.00

1928 1928 1953 1953

E 35 F 55 55 A 55

FR FR FR FR

1530 1531 1532 1533

9.50 9.50 8.75 8.75

10.50 10.50 9.50 9.50

11.50 11.50 9.50 9.50

12.50 12.50 10.25 10.25

12.50 12.50 9.75 9.75

13.50 13.50 10.75 10.75

15.00 15.00 10.00 10.00

16.50 16.50 11.00 11.00

1953 B 55 1953 C 55 1963 35

FR FR FR

1534 1535 1536

8.75 8.75 8.75

9.50 9.50 9.50

9.50 9.50 9.50

10.25 10.25 10.25

9.75 9.75 9.75

10.75 10.75 10.75

10.00 10.00 10.00

1966 5100 A tinn

FR FR

1550 1551

100 125

110 140

102 135

112 150

105 140

115 150

140 170

|| 1928 31 II 1928 A 51 || 1928 B$1

FR FR FR

1600 1601 1602

20.00 20.00 20.00

22.00 22.00 22.00

[I

1928 C 51 l| 1928 D 31 |l 1928 ESI | 1934 51

FR FR FR FR

1603 1604 1605 1606

65.00 25.00 200.00 22.00

1 1935 51 || 1935 A 31 ■I 1935 B 51

FR FR FR

1607 1608 1611

2.75 1.60 1.90

5.00 2.00 3.50

50 21.00 20.00 17.50

125 64 170 70

82.00 9.00 13.00 50.00

3.00 1.70 2.10

45 19.00 18.00 16.00

90 53 88 44

75.00 8.00 12.00 45.00

90.00 130.00 57.00 34.00 350.00 360.00 24.00 25.25 5.10 5.50 2.50 2.20 3.60 3.75

400 300 685 245

82 48 80 40

75 38 47 38

75.00 8.50 9.75 27.00

72.00 82.00 27.00 31.00 220.00 320.00 24.00 23.25

365 275 625 220

82 42 52 42

44 38 38 38

70.00 7.50 8.75 25.00

21.25 22.00

140 70 185 78

400 145 565 1,550

1500 1501 1502 1503

24.00 21.50 24.00

1,100 625 1,600 3,875

360 110 275 1,100

FR FR FR FR

24.00 23.25 24.00

1,000 575 1,450 3,575

330 100 250 1,000

230 45 150 600

$1 $2 A 32 B 52

SMALL SIZE

435 160 615 1,700

250 50 160 665

220 44 80 525

1928 1928 1928 1928

+ + +

+

+ + +

+

+ +

-

SILVER CERTIFICATES

!

26.00 22.00 26.00

28.00 24.00 28.00

33 33 33

36 36 36

42 42 48

46 46 53

45 44 52

50 48 57

48 47 57

53 52 62

64 58 80

70 65 85

230 210 250

255 230 275

145.00 210.00 62.00 105.00 400.00 700.00 25.00 26.00

230.00 115.00 775.00 27.00

280 140 850 31

310 155 925 34

360 165 1,075 42

400 185 1,175 46

450 240 1,400 46

500 260 1,550 50

600 260 1,600 53

660 285 1,750 57

685 410 2,300 82

750 450 2,500 90

1,700 1,100 4,200 285

1,850 1,200 4,600 310

5.20 2.90 3.70

5.70 3.20 4.00

5.30 3.40 3.80

5.80 3.75 4.10

7.00 6.75 8.00

7.75 7.50 9.00

14.50 8.00 9.00

15.50 9.00 10.00

22.00 11.50 17 00

24.00 12.50 13.00

39.00 14.50 16.50

43.00 16.00 18.00

60 36

67 40

26.00 23.50 26.00

5.60 2.75 3.85

www. cdnpublications. com


APRIL 2011

II

PAGE 6

the CURRENCY DEALER NEWSLETTER SMALL SIZE SILVER CERTIFICATES continued

SERIES DENOMINATION

FRIEDBERG NUMBERS

Hii D W II lilSDN ft) IHn t ft) F ftl l«S 0 with MOTTO »1 It!' H 1) • ftl

l* 1467 1994 IS ^ HU 1*34 1*U H6t

A 11 B 11 15 \ 15 B >5 C 15 D »5 »i

195 < 1963 1*53 19 U 1934 1934 i*« t*u 1951 1953

A IS B «S ft 10 110 A 110 B ft 10 c no D $10 ft 10 A »10

FR FR KM KM FR FR FR FR FR FR FR PR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR

1612 161J 1613 1614 1615 1616 1617 1616 1619 1620 1621 1650 1651 1652 1653 1654 1655 1656 1657 1700 1701 1702 1703 1704 1705 1706 1707 1708

FR

1609

VG 8 BID ASK 1 50 1 50 1 50 1 60 3 60 2 00 1.55 1 55 1 55 9 75 900 10.60 900 9.00 8.50 8.50 8.50 1.850 26 23 35 24 27 39 40 39

R I

1935 A R* SI

BID

-iT 1 65 l 80 1 65 1 80 1 65 1 80 1 65 1 80 1 70 3 25 390 3.90 2 20 3.50 1 65 l 65 1 65 1 65 1 65 1 65 10 75 10.35 10 00 9.30 11 60 11 25 10.00 9 25 10.00 9.25 9.50 9.25 9.50 9.25 9.50 9.25 2.100 2,850 28 29 25 24 38 50 26 26 29 29 43 42 44 42 43 41

& £3

57

63 60

ASK BID 1 95 1 95 1 95 1 95 ).50 4.20 3.80 1.75 1.75 1.75 11 35 10.30 12.25 10.25 10.25 10.25 10.25 10.25 3,100 32 26 55 28 32 46 46 45

CH CU 63 VCH CU 64 GEM CU 65 CU 60 XF 40 AU 50 VF 20 ASK ,g|D. -ASK, BID ASK ASK BID ASK BID ASK BID ASK BID

2.00 2.00 2 00 2 00 3.75 4.00 3 60 1 85 1.85 1.85 10.45 10.10 11.35 9.70 9.70 9 50 9 50 9.50 4.150 32 26 105 28 32 43 45 43

2.35 2.35 2.35 2.35 3.80 4.10 3.70 2 25 2.25 2.25 10.65 10.20 11 45 10 10 10.10 10.00 10.00 10.00 5.250 37 35 300 34 35 45 55 45

2 20 2 20 2 20 2 20 4.00 4.30 3 90 2.05 2.05 2.05 11 45 11.10 12.35 10.70 10.70 10.50 10 50 10.50 4.550 35 28 115 30 35 47 50 47

2.60 2 60 2.60 2 60 4 05 4 45 4.00 2 50 2 50 2.50 11.65 11.20 12 45 11.10 11.10 11.00 11.00 11.00 5.750 40 38 330 37 38 50 60 50

u—-TT^ 3.10 3.35 3.10 3 35 3 10 3 35 3 10 3.85 4.10 4 55 4.20 4.10 3.80 3.10 3.35 3.35 3.10 3.35 3.10 15.50 14.00 13.50 12.50 16.00 15.00 14.00 13.00 13.50 12.50 14.50 13.00 13.50 12.50 13.50 1 ’ 5i' 7,350 6,750 50 45 47 43 575 525 47 43 47 43 65 60 80 90 60 55

6 25 6.00 6.00 600 22 00 7.25 5.00 5 50 5.50 17.00 16.00 18.50 16.00 16.00 15.00 14.00 14.00 7,500 75 77 1,000 70 80 72 105 75

20.00 17.50 17.50 16.50 15.00 15.00 8,250 83 85 1,100 80 90

7 25 6 50 6 50 6 50 825 24 00 8 25 6 25 6.25 625 22.00 18 00 23.00 17 50 17.50 17.00 16.00 16.00 8,000 80 105 1,550 80 88

80 115 82

78 185 82

6 75 6 50 6.50 6.50 8 00 24 00 8.00 5 50 6.25 6.25 18 50 17.50

825 1000 7 50 900 7.50 900 900 7.50 9 25 9.00 26.00 26 00 9.00 1000 7 50 7.00 700 7 50 7.00 7 50 24.00 33.00 20.00 25.00 25.00 36.00 19.00 20 00 19.00 20.00 18.50 1800 17.50 17.00 17.50 17.00 8,750 15,750 88 87 170 115 1,700 2,000 88 88 95 95 85 88 200 240 90 120

11.00 10 00 1000 10 00 1025 28 50 11 00 8 50 8 50 * BQ 16 no 27 00 40.00 22.00 22.00 20 00 19.00 19.00 17,250 95 190 2,200 95 105 95 265 130

1600 13 80 13 80 1 i 80

SUP CU 67 ASK

1480 14 80 14 80

28 00

18 00 43 00 21 00 11 50 11 00 11 00 65 00 44 00

33 00 11000 32 00 1500 1700 1700 100 00 100 00 250 00 115 00 85.00 39 00 39.00 39 00 31,500 460 550 7,250 280 450

1700 38 00 1900 10 50 1000 1000 60 00 40 00 68.00 42 00 42.00 25 00 24.00 24.00 20,000 115 290 3,300 128 170 105 300 140

75.00 46 00 41, OQ 27 00 26.00 26 00 22.000 125 320 3,600 138 185 115 330 150

500 475

550 525

28 00

17 00 1100 II 00 31 (JU 140 UO 15 00 16 50 16 50 110 00 110 00

475 650 345

125 00 95 00 4300 43 00 43 00 14 500 500 600 8 000 300 500 525 700 375

1,325 1,300

1.450

EXPERIMENTAL SILVER CERTIFICATES 67 67

73

72 75

80 85

95 95

85

120 120

110 110

130 125

145 135

200 195

220 215

365 300

400

145 120 135 125 200 200 450 625 625 735

145 145 130 160 185 190 425 650 700 750

160 160 145 175 205 210 475 700 775 825

165 195 170 220 190 255 500 800 725 1,000

180 215 185 240 205 275 550 900 800 1,100

95 115 115 185 225

105 125 125 200 250

185 200 200 475 575

95 80 105 300

25 31 35 100 155 1,750 3,200 95,000 82,500 17 28 31 80 150

85 75 95 270 285 2,300 4,200 115K 265K 27 35 40 95 145 1,650 3,100 100K 80,000 16 27 30 80 145

105 405 405 435 1,200 635

100 475 400 420 1,350 685

SMALL SIZE NATIONAL BANK NOTES 19291V 1929 Ty 19291V 1929 Ty 1929 Ty 1929 Ty. 1924 Ty.

1 2 1 2 1 2 1

$5 $5 *10 $10 $20 S20 $50

1929 TV- 2 $50 1929 1V- 1 $100

FR FR FR FR FR FR FR FR FR

ismhm 1801-01 1801-02 1802-01 1802-02 1803-01 1803-02 1804-01 1804-02

30 30 30 35 37 175 275 340 400

35 35 35 40 42 190 300 375 440

40 35 37 38 45 190 285 355 410

44 38 42 42 50 210 315 390 450

48 42 45 53 55 230 310 365 420

55 46 50 58 65 250 340 405 460

85 80 80 90 95 370 430 415 480

75 70 70 80 85 340 400 375 440

90 105 105 105 no 120 385 465 480 575

95 95 95 100 no 350 425 440 525

120 100 115 105 145 170 365 500 500 600

130 110 125 115 160 190 400 550 550 650

no 125 115 180 180 410 575 575 675

325 325 325 685

370 350 350 750 ftl <v

«v #v «\»

#V

ft#

ftl #v ft#

M «V

1,500

1,650

ft# #v ft#

ft# ft.

«v

~~~

205 215 220 520 625

475 500 550 1,100 1,550

550 600 1,200 1,700

310 2,525 4,600 125K 290K

125 125 150 300 385 3,250 5,000 140K 315K

140 140 165 330 425 3,500 5,500 155K 345K

200 200 300 525 800 8,000 15,500 185K ftl ft# #v

220 330 575 900 8,800 17,000 200K »# ft# ft#

30 38 44

35 47 48

105 160 1,800 3,400 110K 90,000 18 30 33 90 155

115 240 1,900 3,700 125K 105K 19 37 35 115 150

38 52 53 125 260 2,100 4,050 135K 115K 22 40 38 125 165

65 80 120 210 390 4,000 5,250 160K 150K 40 75 73 160 275

75 90 135 230 430 4,400 5.750 175K 165K 45 85 80 175 300

no 525 440 460 1,500 750

125 900 700 1,000 2,600 1,700

135 1,000 775 1,100 2,850 1,850

365 2,500 2,400 2,500 5,750 4,550

400 2.750 2,650 2,750 6,250 5,000

SMALL SIZE FEDERAL RESERVE BANK NOTES 1929 1929 1929 1929

15 $10 $20 $50

FR FR FR FR FR

1850 1860 1870 1880 1890

1928 1928 1928 1928 1928 1928 1928 1928 1928 1934 1934 1934 1934 1934 1934 1934 1934 1934 1950 1950 1950 1950

$5 $10 $20 $50 $100 $500 $1,000 $5,000 $10,000 $5 $10 $20 $50 $100 $500 $1,000 $5,000 $10,000 $5 $10 $20 $50

FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR

1950 2000 2050 2100 2150 2200 2210 2220 2230 1955 20<U 2054 2102 2152 2201 2211 2221 2231 1961 2010 2059 2107 2157

39 23 25

43 25 28 77 120

70 110

44 26 36 82 130

40 24 33 75 120

43 26 38 80 125

47 28 42 88 135

45 30 43 85 165

50 33 47 93 180

48 45 53 105 185

52 50 58 115 200

68 70 85 155 195

82 88 90 160 200

75 77 93 170 215

90 95 100 175 220

SMALL SIZE FEDERAL RESERVE NOTES 40.00 22.00 27.00 68.00 no 700 1,450 20,000 35,000 10.00 13.00 21.50 55 105 700 1,300 20,000 32,500 #v ft# #M

11.50 ft# ft#

o#

44.00 42.00 24.00 24.00 30.00 30.00 75.00 75.00 120 125 775 750 1,600 1,700 22,000 28,000 40,000 40,000 11.00 10.15 14.00 13.10 22.50 21.75 60 56 112 106 775 750 1,425 1,600 22,000 27,500 35,000 37,500 ~ ~ ~ ft# #v «v 12.50 11.75

46.00 55.00 26.00 26.00 33.00 31.00 85.00 80.00 135 135 825 1,000 1,875 2,000 37,500 45,000 44.000 60,000 11.15 10.25 14.10 13.20 22.75 21.85 61 58 113 108 825 800 1,750 1,800 37,500 40,000 42,000 42,500 N >W IM MU ftl IV 12.75 12.00 ft# «i ft# ft# ft# ft#

#'**#<*

~ ~ ~

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<V (M »V

~ ~ ~

~ *#

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*•"»*#

~ ~ ~

60.00 28.00 34.00 90.00 145 1,100 2,200 55,000 70,000 11.25 14.20 23.00 64 115 875 2,000 50,000 47,000 ft# 13.00

60 00 30.00 32.00 95.00 145 1,200 i 2,400 51,000 80,000 10.35 13.30 22.00 60 no 900 1,900 50,000 47,500

65.00 70.00 33.00 33.00 35.00 35.00 105.00 115 155 155 1,350 1,500 2,650 3 9« ii: 61,000 56,000 90,000 100K 11.35 10.50 14.30 13.50 24.00 23.00 64 118 112 1,000 1,100 2,100 2,250 1,1 000 55,000 52,500 50,000 •V «v <v 7.00 13.25 14.00 ft# <v <v 23.00 ft# <V ftl 55.00 ft# ft# ft. no

66

ft# ft# #v

12.25 ft# ft#

#w #v ft#

ft#

IV IV #v

<v ft# ft#

ft# ft# ft#

ft# ft# ft#

ft# ft# ft.

ft# ft. ft#

75.00 36.00 38.00 125 170 1,650 3,200 M, DUO

110K 11.50 14.75 25.00 70 120 1,200 2,450 65,000 55,000 7.75 15.00 25.00 60.00 120

75 42 55 165 180 1,900 3,200 62,000 125K 15 19 25 70 125 1,300 2,500 60,000 55,000 14 20 27 65 125

82 80 50 46 60 75 180 200 200 210 2,100 2,200 3,600 3,900 72,000 90,000 135K 190K 17 23 22 28 28 32 77 90 140 140 1,400 1,600 2,750 2,900 70,000 87,500 65,000 72,500 16 15 22 25 30 28 72 70 135 140

88 55 80 220 230 2,400 4,300 100K 210K

WORLD WAR 1 1 EMERGENCY ISSUES HAWAII 1935 A $1 1934 $5 1934 A $5 1934 A $10 1934 $20 1934 A $20 NORTH AFRICA (YELLOW SEAL) 1935 A $1 1934 A $5 1934 A $10

L.. 1928 1928 1928 1928 1928

FR FR FR FR FR FR

2300 2301 2302 2303 2304 2305

30 55 60 50 55 50

33 60 65 55 60 55

33 60 65 55 63 55

36 65 72 60 70 60

FR FR FR

2306 2307 2309

31 32 32

34 35 35

50 44 42 1.60

54 48 46 1,750

FR FR FR FR FR

2400 2402 2404 2405 2407

70 80 185 300 2,250

77 88 205 330 2,450

65 85 60

42 90 90 72 95 65

40 120 115 125 140 92

44 130 125 135 155 100

48 205 200 200 425 165

53 225 220 220 465 180

90 330 330 370 900 450

100 360 360 410 1,000 490

95 375 375 400 1,100 575

52 50 46 2,950

57 55 50 3,250

55 62 65 6,000

60 68 70 6,500

63 90 no 8,000

70 100 120 8,800

90 150 160 10,000

100 165 175 11,000

no 165 180 16,500

38 80 80

120 135 180 190 200 235 18,000 20,000

145 235 210 365 255 475 22,000 25,000

925 255 i »>no 400 520 1,425 27,500 37,500

1,025 1,750 1,575 42,500

465 500 725 2,300 3,050 5,350 6,750 31,000 40,000 44,000 50,000

625 950 800 1,300 < <50 4,500 7,550 18,500 43,000 70,000 55,000 75,000

1,450 4,450 5,000 11,500 20 BOO 75,000 HI in>).) S0K 85,000 150K

4,850 12.500 85,000 I65K 165K

SMALL SIZE GOLD CERTIFICATES $10 $20 $50 $100 $500

85 85 205 375 5,600

95 95 225 410 6,100

90 100 275 525 8,500

100 no 300 575 9,250 3,000

180 200 800 1,400 17,000

200 275 220 260 875 1,125 1,525 1,950 18,500 19,000 25,500

305 310 285 390 1,225 1,500 2,150 2,800 21,000 23,500 28,000 30,000

340 425 430 450 1,650 | 2,100 3,100 4,750 25,500 27,500 33,000 40,000

1

UNCUT SHEETS OF SMALL SIZE CURRENCY ^FRIF^

DENOMINATION U S NOTES (LEGAL TENDER) 1928 $1 192* $2 1928 $5 1953 12 i *r, < $ SILVER CERTIFICATES 1928 f| 1994 $1 iru 18 19 U )|0 1995 11 MBS tl I9M $5 JttJ I1Q WW * EMERGENCY ISSUES |<rK HAWAII 11 » N APRJf a $1 MI rtfjHM CIJWACNCV : Y29 IIB 5 W IV#

1

^BjD 29 00

Number of FRIEDBERG NUMBERS Notes in sheet

CU 60 BID

CH CU 63 ASK

BID

VCH CU 64 ASK

BID

GEM CU 65 ASK

BID

ASK

FR FR FR FR FR

1500 1501-1508 1525-1531 1509 1532

12 12 12 18 18

8,000 800 900 675 1,000

10,000 875 1,100 750 1,150

15,000 1,200 1,220 850 1,300

18,000 1,300 1,350 950 1,450

17,000 1,500 2,000 1,250 1,650

20,000 1,650 2,200 1,375 1,850

20,000 2,250 2.400 1,850 2,700

23,500 2,500 2,650 2,050 3,000

FR FR FR FR FR FR FR FR

1600-1605 1606 1650-1654 1701 1607-1613 1613-1614 1655 170*

12 12 12 12 12 18 1* 18

1,500 2,100 785 2.600

1,700 2,300 860 2,900

700 900 3,000

775 775 1,000 3,300

2,200 3,000 1,250 3,800 850 1,000 1.350 4,200

2,500 3,300 1,375 4,200 950 1,100 1,500 4,600

2,500 3.400 1,500 4,500 1,150 1,300 1,550 5,200

2,750 3,750 1,650 4,950 1,275 1 450 1 750 5.700

3,000 4.800 1,950 6,000 1,350 1,700 2,650 6,500

3,400 5.300 2,150 6,600 1.500 1,850 2 900 7,200

FR FR

2300 • |.l».

12 12

3 200 5,250

3,500 5,750

5,000 8,000

5.500 8.MOO

6,500 9,350

7.200 10,350

11,000 18 500

20,500

FR FR FR rn

1800 1*01

6 6

575 625 675 3,300

600 650 700 3,500

650 700 775 4 000

650 675 750

6

560 610 675 3 300

625 675 725

1803

500 550 625 3,000

wvvvv. cdnpublicatlons.com

4 INN)

BID

SUPCU 67 ASK

3,000 3.700 2,600 3,900

3.500 4 100 2 850 4.300

5,000

5,750 ^^ 3 300 it ooo

3 000 10^000 1 950 2.300

15000

700 725 825 4 500

2 154

1.550

16 750 *+*

«• *» *

|


the CURRENCY DEALER NEWSLETTER PAGE 7 MILITARY PAYMENT CERTIFICATES REPLACEMENT MILITARY PAYMENT CERTIFICATES

ISERIES

VG 8 FINE 12 VF 20 XF 40 -TuttH "chcumH AU 50 1 denomination BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ARK BID

1 Series 461 Issued 9/16/46 through 3/10/47

54 10c 254 50c $1.00 $5.00 $10.00

iSeries 471 Issued 3/10/47 through 3/22/48

5c 10c 25c 50c $1.00 $5.00 $10.00

1

1 Series 472 Issued 3/22/48 through 6/20/51

1 Series 481 Issued 6/20/51 through 5/25/54

| Series 521 Issued 5/25/54 through 5/27/58

& •

i i

22 25 36 50 42 85 77

40 45 90 100 80 185 155

2.75 2.50 7.00 9.00 9.50 350 110

3.25 3.25 3.00 4.25 9.00 9.00 12.00 11.00 11.00 11.00 385 385 130 130

3.75 7.00 4.75 5.50 11.00 16.00 13.00 19.00 13.00 20.00 425 800 150 170

8.00 6.50 18.00 21.00 23.00 880 190

17 11 60 90 80 1,650 350

19 27 12 26 70 70 100 100 88 135 1,800 2,400 385 375

30 28 80

55 50 150 170 190 4,750 650

no 150 2,650 410

45 50 100 130 90 205 175

50 50 100 140 100 215 200

60 60 115 155

60 65 120 195 180 300 280

70 75 130 215 200 345 320

60 60 55 60 165 165 185 190 210 230 5,250 5,250 700 750

66 73 65 85 225 185 210 285 255 330 5,750 9,000 850 1,950

80 93 250 315 365 10,000 2,150

no 235 220

no 100 800 425 160 700 525

450

14.50 15.00 35 125 205 1,300 1,200

16.00 18.00 17.00 18.50 39 45 135 215 225 325 1,450 2,200 1,350 1,750

20.00 90 21.00 80 50 95 235 1,350 375 550 2,400 1,900 rv rv At

5c 10c 25c 50c $1.00 $5.00 $10.00

1.25 1.25 1.75 3.50 5.50 180 45

1.50 1.50 2.00 5.00 6.00 200 55

1.40 1.35 2.50 4.50 7.00 225 58

1.65 1.60 3.00 5.00 8.00 250 65

2.00 1.75 5.50 10.00 9.00 350 100

2.50 2.00 6.00 11.00 10.00 385

no

4.00 4.00 13.00 22.50 16.00 550 240

5.00 5.00 14.00 25.00 18.00 600 260

9.00 10.00 19 40 42 1,050 440

11.00 18 11.00 19 21 40 45 125 47 85 1,150 2,800 480 1,000

20 20 21 21 45 50 140 160 no 95 3,100 3,500 1,100 1,650

23 25 23 30 85 58 180 350 120 190 3,850 4,100 1,800 2,200

27 130 33 115 95 205 400 310 210 350 4,500 Al At At 2,400 A. rv rv

1.00 1.00 1.50 1.75 6.50 600 125

1.25 1.25 1.75 2.00 7.00 660 145

1.10 1.10 2.00 2.50 7.50 900 135

1.35 1.25 1.35 3.00 2.25 6.00 3.50 20.00 8.50 19.00 1,000 1,500 150 155

1.50 3.50 7.00 22.00 22.00 1,700 170

2.00 6.00 15.00 30.00 45.00 2,300 440

2.50 2.40 7.00 7.00 16.50 17 33.00 35 50.00 70 2,550 2,900 485 1,100

2.80 5.00 8.00 17 19 30 38 125 80 275 3,200 5,000 1,200 1,950

5.50 5.50 19 18 31 33 135 150 300 300 5,500 6,000 2,150 3,500

6.00 8.50 20 27 34 38 290 170 480 330 7,000 12,000 4,000 4,800

9.50 65 30 55 42 135 320 75 535 335 14,000 8,000 5,400 1,800

1.25 1.25 1.50 2.00 9.00 10.00 15.00 15.00 8.00 10.00 390 415 85 105

1.50 4.00 2.50 3.50 12.00 14.00 17.00 21.00 12.00 19.00 455 575 185 115

5.00 4.00 16.00 24.00 22.00 625 210

8.00 8.00 30.00 45.00 45.00 850 335

10.00 10.00 33.00 52.00 52.00 950 365

18 21 50 75 80 1,200 825

22 41 24 44 55 120 85 135 90 150 1,350 2,900 925 1,800

45 45 50 50 130 130 150 185 180 195 3,200 3,500 2,000 2,200

60 50 55 70 145 300 205 305 430 215 3,850 6,000 2,400 3,200

1.20 1.25 1.75 4.25 3.50 80 75

1.50 3.00 1.75 3.00 2.25 10.00 5.00 17.00 4.00 4.75 90 120 85 120

3.50 3.50 11.00 19.00 5.50 130 130

7.00 7.00 20.00 27.00 10.00 250 210

8.00 8.00 22.00 30.00 11.00 300 230

8.00 9.00 26 30 25 350 285

1.60 3.00 2.25 3.00 3.75 7.00 6.50 9.00 8.50 19.00 77 100 85 40

165 100 200 95 23 85 140

160 100 190

175

120 45 120 55.00 1.00 24.00 22.00

125 135 50 50 130 130 60.00 60.00 1.50 1.50 28.00 28.00 24.00 25.00

140 130 55 55 140 140 65.00 65.00 2.00 2.50 32.00 35.00 28.00 29.00

145 60 150 70.00 3.00 40.00 32.00

135 65 150 70.00 4.50 47.00 46.00

150 70 165 75.00 5.50 53.00 53.00

140 75 160 75 11 60 60

155 80 175 80 14 65 70

145 80 170 80 18 72 105

160 90 185 85 20 80 115

150 90 180 85 21 78 125

5c 10c 25c 50c $1.00 $5.00 $10.00 $20.00

1.00 1.00 1.00 1.00 1.00 1.00 80 55

1.20 1.20 1.20 1.40 1.20 1.50 140 65

1.45 1.45 1.45 1.90 1.45 2.00 155 72

1.30 1.30 2.00 2.00 2.00 5.00 330 140

1.60 1.60 2.50 2.50 2.50 6.00 365 155

1.65 1.50 3.00 4.00 3.50 5.50 450 210

2.00 2.25 4.00 5.00 5.50 6.50 500 230

4.00 3.75 11.00 11.00 11.00 13.00 800 675

4.50 4.25 12.00 12.00 12.00 14.00 900 750

5.50 5.25 12.50 12.50 14.00 16.00 1,150 850

5c 10c 25c 50c $1.00 $5.00 $10.00 $20.00

1.00 1.00 1.00 1.00 1.10 1.25 11.00 10.00

1.25 1.05 1.25 1.05 1.25 1.05 1.25 1.05 1.50 1.25 2.00 2.00 13.00 17.00 12.00 14.00

1.10 1.30 1.10 1.30 1.10 1.30 1.10 1.30 2.00 1.75 3.00 10.00 25.00 19.00 16.00 26.00

1.35 1.35 1.35 1.35 2.75 11.00 27.00 28.00

1.15 1.15 2.00 2.25 2.25 16.00 43.00 45.00

1.40 1.40 2.50 3.00 3.00 18.00 47.00 50.00

1.25 1.60 3.50 4.50 3.50 20 70 80

1.75 2.40 4.50 5.50 4.50 22 80 90

4.00 4.00 7.00 8.50 9.00 35 175 175

$1.00 $5.00 $10.00 $20.00

A a a

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5c 10c 1 10/7/70 25c I through 50c |i | 3/15/73 $1.00 $5.00 $10.00 $20.00 i 1 Series 701 1 I Unissued $1.00 $5.00 $10.00 $20.00

A a A

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rv rv rv

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170

185

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5.00 5.25 11.00 16.00 45 355 490 525

5.50 6.00 14.00 18 45 450 500 500

6.00 6.75 16.00 20 50 500 550 600

7.00 8.00 17 29 65 475 900 950

8.00 9.00 19 32 75 525 1,000 1,050

rv rvrv

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425 660 600

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1.20 1.20 1.35 1.90 3.00 45 95 75

1.45 1.45 1.65 2.75 3.50 50 105 85

1.30 1.30 2.25 3.00 10.00 80 195 100

1.60 1.60 2.60 4.00 11.00 90 220

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300 375 400 Ai Ar

175 330 415

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100 80

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245 140

305 300 400

335 330 440

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135 115

190 200 325 230 700 Al rv At

250 250 400

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270 160 550 Al Al At

210 220 360 255 850 AAA

265 1,250 AAA

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115 125 125

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750

900

700 675 865 900 AAA AAA AAA AAA AAA AAA

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725

70

80 240

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165 1,200

185 1,450

230 1,700

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1,150

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100

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125

310

370

390

325 400

325 415 425

1,450 AAA 1,550 3,000 1,550 AAA AAA AAA AAA AAA AAA AAA

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330 375 AAA AAA AAA AAA 8,500 AAA

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365 2,050 2,500 1,500 1,900

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165 165 160 1,700 2,400 150 100

225

320 400 Al At Al

350

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i

Facts #B04 • P.O. Box 1H523 • Irvine,CA


the CURRENCY DEALER newsletter

the Greensheet a monthly report on the Currency Market published by the Coin Dealer Newsletter (est. 1963) -

Vol. XXXII

MAY 2011

No. 5

Single copy price: $5.00

MARKET CONTINUES RECOVERY PATTERN STRONG RESULTS IN STACK'S BOWERS BALTIMORE AUCTION

ACTIVITY

with to slightly above recent results for similar material. Overall, the Small Size Type section of the sale, while hardly displaying runaway prices, certainly confirmed that the overall trend here is generally

. . .across the market by Kevin Foley

upward and with broad support for current levels.

FRACTIONAL CURRENCY The Baltimore sale failed to include a broad enough offering of material here from which to draw any real conclusions. Generally,

The recently formed Stack's Bowers firm held its first joint auction

however, recent patterns of growing interest in exceptionally scarce

in conjunction with the Whitman Coin and Collectibles Baltimore

to rare pieces and Notes enhanced by superior centering, regardless

Expo. A medium size sale with several hundred lots each of Obso¬

of how rare or common they might be, continue. More common ma¬

lete, Large Size Type, Small Size Type and over 60 National Bank

terial is far more common than buyers seeking it, so items here need

Notes. The heavily photographed catalog featured a larger than typi¬

the support of scarcity, superior condition, or both, to sell at levels

cal proportion of higher quality and scarcer items. The overall sell-

that cause excitement for sellers. Otherwise, this remains more of

through rates for material offered in quantities of more than a hand¬

a-buyers' market with more supply of items than potential buyers

ful of items were: Obsolete, 68%; Large Size Type, 86%; Small Size

seeking Fractional Currency.

Type 92% and National Bank Notes, 87%. Although the sell- through rate for Obsolete material was somewhat on the tepid side, that area did display some particularly strong individual results for selected items offering significant scarcity and/or superior quality.

NATIONAL BANK NOTES The relatively small offering of National Bank Notes in the Bal¬ timore auction contained a number of exceptional items. A Serial #1 $5 Red Seal issued by the American National Bank of Los Angeles

LARGE SIZE TYPE NOTES

and cataloged as PMG 40 sold for $11,500, significantly below its

Large Size Type Notes in the Stack's Bowers Baltimore auction

$15,000-$25,000 estimate. On the stronger side, a $20 1902 Plain Back

generally sold within or above the pre-sale estimate range. Overall,

on the First National Bank of Frankford, Delaware sold for $20,700

results in this section confirmed a market continuing to strengthen

in PMG 25, well in advance of its $10,000-$15,000 estimate, while a

off the lows of 2008-2009. Indeed, most lots, especially those at the

Serial #1 $10 Plain Back on The Bergen, New Jersey, National Bank

upper end of the quality spectrum, surpassed the catalog estimates

described as Choice VF went for $10,925, roughly in the middle of

by margins ranging from just barely to considerable. A Fr. 29 1880 $1

its estimate range. Current levels for the Lazy $2 were confirmed

Legal Tender certified as PCGS 67 PPQ sold for a healthy $5,060. A

by a pair of PCGS 62 Fr. 387 Notes issued by The Fallkill National

Fr. 421869 $2 Legal Tender certified as PCGS 65 PPQ sold for $14,375,

Bank. They sold for $10,925 and $9,775. Another Lazy $2 offered in

while a Fr. 126b in PCGS 65 PPQ went for $25,875. Another Note sell¬

Baltimore was a PCGS 40 on the Manufacturers National Bank of

ing well was a $20 1890 Treasury Note in PMG 40 and enhanced by

Providence. It sold for $8,338.

Serial number 4, garnering $33,350, a substantial premium for the low Serial. Among the better items that failed to sell was a Serial #1 Fr. 757 $2 Battleship Note in PMG 64. Estimated at $35,000-$55,000,

MISCELLANEOUS The Baltimore sale yielded some impressive results in the Ob¬

it failed to reach its reserve. Overall, however, results in the sale,

solete field, despite the overall sell-through rate of only 68%.

whether measured by catalog estimates or other means, continued to

Clinton, CT $3 colored Proof on the Clinton Bank sold for a healthy

confirm recent recovery patterns for prices in this area.

A

$11,500, substantially above even the high end of its $5,000-$9,000 estimate range. Similar strength was shown by a $2 colored Proof on

SMALL SIZE TYPE NOTES

the Niagara County Bank of Lockport, NY, selling for $16,100 ver¬

Small Size Type Notes in the Baltimore auction, like its Large Size

sus an $8,000-$12,000 estimate. A $3 from the same institution did

counterpart, maintained the recent marketplace pattern of upward

even better, selling for $18,400 with the same estimate as the $2 that

price trends. Although a $5,000 1928 Federal Reserve Note failed to

preceded it. A Greenville, TN $5 colored Proof estimated at $4,000-

sell, a $10,000 New York 1934 certified as PMG 62 went for $70,150.

$6,000 actually cost its new owner $9,200. Of the Obsolete items that

Additional strong sales included were a $1 and a $5 Flawaii Note,

did sell, most were well within to measurably above the estimate

the first PCGS 67 and the other a PCGS 65, selling for $518 and $863.

range, confirming significant interest in this specialty.

Another popular Type represented in the sale was a $1 1928 Legal Tender in PMG 65 EPQ. It sold for $690. A fair number of original

Guest commentary provided by Kevin Foley, P.O. Box 573, Milwaukee, WI 53201,

packs were included in the sale, typically selling at levels consistent

kfoley2@wi.rr.com, Phone (414) 421-3484

The Greensheet reports the national currency market on a monthly basis.


co* a right .'on dba the CURRENCY DEALER "the Greensheef

newsletter

Reprint ot any part of any issue without permission is expressly forbidden by law. IXICUmf DIRECTOR MARKET ANALYST

Pauline Miladm

Riv U RK£V > Di\L£I tem, £ u> mifxiMtble to nwt m^Iu Kahn. 1 vmtl'UuxI in the tint LKimiiMe W23. Ptfit.xlk all pottay p Bo* UOW. Torrance. CA'k

CIRCULATION & ADVERTISING

Shane Downing Betty Morris

itoi currency market on a monthly bdhis. Under the present »yv iv arid veil, but the broad information sources u/ the Newsletter the Newsletter are hum dealer-tcxlealer transactions. •. 135 per column inch. Advertising space is limited; ads will he

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--

Who Is That Guy? Large Size Ten Dollar Gold Certificates Among the many Small and Large Size US banknotes that were issued, none can arouse as much curiosity for both seasoned collectors and novices as the 1907 and 1922 Series Ten Dollar Gold Certificates. Virtually all US Banknotes feature engraved vignettes depicting allegorical characters or prominent figures that any history buff, with even the slightest amount of numismatic knowledge, would recognize. But when one views the portrait gracing the artwork on the Large Size S10 Gold Certificates, especially for the first time, the reaction all too often is, "Who is that Guy?" That guy is Michael Hillegas, an obscure, but important figure in American history who served, most notably, as our first US Treasurer and provided crucial financial resources in support of the cause for our independence during the American Revolution. Bom in Philadelphia, April 22,1729 to wealthy German immigrant parents who made their fortune as iron and sugar merchants, Hillegas assumed a position in the family trade after receiving a well-rounded education that included training as a flutist and violinist. His competence as a businessman grew his personal fortune, and when the American Revolution began, he donated and loaned vast sums of money and material to many organizations opposing the British. His pre-revolutionary prominence as a philanthropist and delegate of the Provincial Assembly of Pennsylvania, as well as a holder of other high-ranking positions, endeared him to the extent that the Continental Congress eventually appointed him on August 6,1776 to serve as the first Treasurer of the United States, tlillegas held this position throughout the American Revolution and financed the Treasurer's operations largely through his own personal wealth and generosity. One would be inclined to assume that, as the first US Treasurer, Hillegas served under Alexander Hamilton, the first Secretary of the Treasury. That is not the case. In fact, Hillegas served his term as US Treasurer in an almost precursory role to that of Hamilton since the office of US Treasurer had already been conceived and authorized by the Continental Congress during the American Revolution, well before the US Congress passed legislation to establish the Department of the Treasury and the position of Secretary of the Treasury in September of 1789. On September 11, 1789, the day Hamilton was sworn in as Secretary of the Treasury, Hillegas, for reasons that have not really been explained, resigned his post as US Treasurer. So, contrary to what one might assume, the tenures of our first two most powerful financial administrators did not concur. Design variations between a Series 1907 and a re-issued Series 1922 Note are virtually unnoticeable upon first glance. Other than the year of the Series, the Note of 1922 features the added legal tender guaranty inscription across the Roman numeral ten ("X") and the signatures of the Register of the Treasury (Harley V. Speelman) and the Treasurer of the United States (Frank White). Of the six 1907 Series versions (Fr. 1167—Fr.l 172) all are quite scarce, with the last run of this Series (the Fr. 1172 Houston Benge Teehee - John Burke variety) being the most plentiful of this group. The Fr. 1170, featuring the least common James Carroll Napier Carmi A. Thompson signature combination serves as the key of the Series, as is the case for the other Large Size Notes bearing these two signatures. For the sake of quantification, according to PCGS Currency and Paper Money Guaranty (PMC.) populations, the total number of all varieties of the 1907 Series Notes so far certified to both grading services is 778, including a very scant number of Star (replacement) Notes. PMG received the larger share of these 1907 Series Notes, a total of 469 to date, ranging in grades from AG2 to 67 EPQ and registering only 17 submissions for the rare Napier - Thompson (Fr. 1170 and Fr. 1170a) varieties. Most of these Notes range in grades from F15 to XF45 with a unique, highly prized Uncirculated specimen of the Fr. 1170a variety qualifying for a 66 EPQ grade. Ot PCGS Currency's 309 total submissions for the 1907 Series Notes,

Superb Crisp Gem Crisp Choice Crisp Cbo*re Crisp Crisp Almost

only six Fr. 1170 Notes and six Fr. 1170a Notes have been logged, with a single AU53 of the Fr. 1170a variety being the highest graded. To behold and own any of these 29 certified specimens is truly an experience for a privileged few. For a Type collector who wants just one Note to serve as a conversation piece and "wow" all those unfamiliar with historic Banknotes, the re-issued Series 1922 (Fr. 1173), featuring the Harley V. Speelman - Frank White signature combo, fulfills this wish without breaking the bank since these Notes are relatively common in virtually all grades, including Uncirculated 65 and 66. Moreover, these least expensive Notes have the same obverse and reverse design features that are virtually indistinguishable from those of their far more costly 1907 Series counterparts and are just as impressive. As for their certified numbers, PMG again acquired the bulk of them with a total count of 1,707 specimens (including Star Notes and "Mules"). These range in grades from AG2 to a single 68 EPQ specimen. While the largest quantity of these Notes are tallied within the VF25 grade (268), 197 qualified for Gem Unc grades with as many as 41 in 65 EPQ, 25 in 66 EPQ, and 4 in 67 EPQ. Of the 983 Fr. 1173 Notes graded at PCGS ranging in grades from AG3 to just one at 68 PPQ, 19 at 65 PPQ, 12 at 66 PPQ, and 6 at grade 67 PPQ. Below are some recent Heritage Auction Galleries sales results for condition rarity specimens of these Hillegas Notes: Fr. 1167: PCGS Superb Gem Uncirculated 67 PPQ (April, 2008) sold for $14,950 Fr. 1168: PMG Superb Gem Uncirculated 67 EPQ (April, 2006) sold for $13,800 Fr. 1169: PMG Superb Gem Uncirculated 67 EPQ (January, 2008) sold for $18,400 Fr. 1171: PMG Gem Uncirculated 66 EPQ (January, 2011) sold for $6,325 Fr. 1172: PMG Gem Uncirculated 66 EPQ (August, 2010) sold for $5,750 Fr. 1173: PMG Superb Gem Uncirculated 67 (September, 2009) sold for $5,750 In the 1890s, the descendents of Michael Hillegas lobbied and petitioned the US Congress to finally pass legislation that provided their "unsung-hero" ancestor an honorary tribute on some sort of US Currency medium, allowing for his recognition equal to that of our other, more familiar forefathers. It is only proper that a Banknote was chosen that is as special and interesting as the life of the man depicted on it.

GRADING

Sight-Seen wholesale prices are for accurately graded Notes

Uncirculated-67 Uncirculated-65 Uncirculated-64 Uncirrulaled-63 Uncirculated-60 Unc irrulaled-50 Extra Fine-40 Very Fine-20 Fine-12 Very Good-8

A nearly flawless Note with perfect centering. Full wide margins all around. Colors are totally bright, crisp and vibrant. Quality is outstanding. An almost perfect Note. Better than average margins. No aging or fading. A bright Note that's slightly below Gem quality. Margins and color are above average. A Note that may have slight centering problems. A nice new Note but not quite Gem. Centering may be a little off. May show some aging or light counting smudges or wrinkles. No trace of circulation. Can have centering problems, pin holes, counting smudges, wrinkles, close margins, or a comer tip fold (not into design). (Almost new) These will be much the same as a "new" Note except for a single fold or several comer folds. Circulated; may have some folds; still has some crispness. Some circulation; may show several folds and will have lost some of its crispness and color. Well-circulated with little crispness remaining; edges may be rough. Will be fairly well-soiled; may be significantly worn; might have roughness around the edges with only minute problems.

-

Certified or Raw.

>f the Friedberg numbering system is by license granted by the Coin and Currency Institute, Inc. Publishers of Paper Money of the United States, P.O. Box 1057, Clifton, N.J. 07014


|

MAY 2011

the CURRENCY DEALER NEWSLETTER

PAGE 3

CONTINENTAL & COLONIAL CURRENCY SERIES DENOMINATION Continental Connecticut W/Hole Connecticut No Hole Delaware Georgia Maryland Massachusetts W/Hole Massachusetts No Hole New Hampshire W/Hole New Hampshire No Hole New Jersey New York North Carolina Pennsylvania Rhode Island South Carolina Vermont Virginia

FRIEDBERG NUMBERS CC CT CT DE GA MD MA MA NH NH N] NY NC PA RI SC VT VA

1-102 1-240 1-240 1-92 1-131 1-138 1-289 1-289 1-185 1-185 1-218 1-237 1-215 1-272 1-301 1-192 1 -8 1-225

FR FR FR

1-5 6-10 11-15

FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR

16-17 41 61-63 93-95 124-126 148-150 165-167 18 42 64 96 127 151 168 19 43 152 20-26 44-47 65-68 97-98 128 153 169-170 27 48-49 69 99 129 154 171 28-30 31-33 34-35 50-52 53-54 55-56 70-72 73-78 79-82 100-102 103-109 110-113 130-139 140-145 146-147 155-161 162-164 172-178 179-182 114-122 83-92 36-39 57-60 40 123

FINE 12 VG 8 VF 20 AU 50 CU 60 XF 40 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK ASK BID ASK BID 50 37 55 60 280 45 33 95 185 650 60 60 65 48 53 95 6,750 85

57 42 65 70 315 50 36 105 200 700 67 67 75 53 58 105 7,500 95

63 43 70 70 340 55 35 110 205 775 68 80 85 51 55 135 8,500 • 115

70 48 80 80 375 60 38 120 225 850 74 88 95 56 60 155 9,500 125

1,250 2,350 20,000

1,400 1,800 2,600 5,000 22,000 40,000

2,000 5,500 44,000

145 300 335 480 1.250 6,000 12,500 210 345 180 340 1,100 6,450 6,800 95 185 2,500 73 165 105 475 525 125K 5,500 80 145 105 310 465 2,450 4,200 90 300 85 90 625 90 95 87 82 215 220 210 275 225 185 1,650 1,550 3.900 3,200 400 65 40 50 75 475

160 335 370 540 1,375 6,600 14,000 230 375 195 375 1,200 7,000 7,600 105 205 2,750 80 180 115 525 575 135K 6,000 90 160 115 340 515 2,700 4,600 100 330 95 100 675 100 105 97 90 235 240 230 300 250 205 1,800 1,700 4.300 3,500 440 70 44 55 82 525

90 100 46 50 84 93 85 95 360 400 70 80 43 47 130 145 230 250 1,000 1,100 85 95 105 115 90 100 55 60 62 70 185 205 13,500 15,000 125 135

105 50 120 115 650 95 56 170 275 1,350 100 135 145 78 70 250 19,000 180

115 56 130 130 700 105 61 190 300 1,500 110 150 160 84 80 275 21,000 200

140 57 140 140 925 155 63 210 315 1,775 130 165 185 100 80 275

155 65 150 155 1,000 170 68 230 350 1,950 140 180 200 110 88 300

210 80 180 180 1,850 260 80 260 575 2,400 160 205 230 130 100 355

230 88 200 200 2,050 285 88 285 625 2,650 175 225 250 140

no no no

no to no

to to no

no no no

320

420

33,000 43,000 35,000 44,000 135K 140K

295

275 90 260 230 2,500 305 100 310 635

305 100 285 255 2,750 340

800 340 1,000 1.000

880 375 1,100 1,100

to no no

no no no

no no to

no no no

345 700

315 120 300 275 2,750 340 125 400 1,050

345 130 330 300 3,000 375 135 440 1,150

400 145 325 400 3,750 420 175 750

435 160 355 450 4,125 460 190 825

190 320 240 165 110 385

210 350 260 180 120 415

230 340 255 205 165 410

250 375 280 225 180 450

365 400 340 225 210 450

400 440 375 245 230 485

725 1.075 450 400 370 890

800 1,175 550 440 410 975

no no no

no no no

no no no

no no no

460

550

600

750

825

1,050

1,150

no no no

to no no

48,000 49,000 155K

50,000 55,000 170K

55,000 65,000 60,000 70,000 190K 185K

75,000 80,000 205K

85,000 110K 235K

95,000 120K 260K

no to no

no no no

to no no

no no no

no no no

no no no

1,800 3,500 1,925 4,750 10,000 225K 145K 2,450 5,200 2,250 4,200 13,750 130K 120K 1,275 1,700 35,000 775 1,550 1,000 5,750 3,500 400K 70,000 850 1,450 1,150 3,900 2,600 40,000 32,500 630 2,900 800 800 8,300 825 825 900 525 1,650 1,550 1,500 1,875 1,600 1,500 13,750 13,750 70.000 41,000 4,000 400 180 265 585 7,900

2,000 3,800 2,125 5,250 11.000 250K 155K 2,700 5,700 2,450 4,600 15,000 145K 130K 1,375 1,875 39,000 850 1,700 1,100 6,250 3,850 440K 80,000 925 1,600 1,250 4,300 2,850 44,000 35,500 690 3,200 900 875 9,200 900 900 1,000 575 1.800 1,700 1,650 2,075 1,750 1,650 15,000 15,000 77.000 45,000 4,400 440 200 290 640 8.650

2,100 5,300 2,600 7,000 13,000

2,300 5,850 2,850 7,600 14,500

4,600 8,000 5,500 17.500 16.500

5,000 15,000 8,800 17.500 8,500 6,000 19,000 25,000 32.500 18.000

16,500 19,500 9,250 27,500 35.500

to no no

no no no

175K 5,000 7,900 3,600 5,250 20,000 160K 140K 1,850 2,300 60,000 820 1,950 1,050 7,700 4,450 425K 80,000 1,050 1,850 1,450 5.750 2.750 62.500 37.500 675 3,750 875 1,300 13,500 900 950 925 575 2.000 1,700 1,600 2,000 1,950 1,700 14,750 16,250 75.000 50,000 4,850 490 200 315 625 10,100

195K 5,500 8,700 3,850 5,750 21,850 175K 155K 2,050 2,550 66,000 900 2,150 1,150 8.500 4,850 475K 90,000 1,150 2,025 1,600 6,300 3,050 70,000 42,500 750 4,100 975 1,425 15,000 1,000 1,050 1,000 625 2,200 1,850 1,725 2,200 2,150 1,850 16,000 17,750 82.000 55,000 5,250 540 220 345 685 11.100

210K 230K 7,300 8,000 13,500 15,000 4,350 4,750 10,000 11,000 34,000 37,000 195K 215K 175K 190K 2,500 2,750 4,250 4,650 90,000 100K 1,350 1,450 2,700 3,000 1,800 1,950 16,000 17,500 7,350 8,050 500K 550K 100K 110K 1,675 1,800 3,450 3,750 2,000 2,200 8,500 9,500 3,750 4,150 95,000 105K 55,000 60,000 1,100 1,200 5,500 6,000 1,000 1,100 2,100 2,300 30,000 33,000 1.300 1,425 2,500 2,750 1,375 1,500 1,150 1,250 3.400 3,750 2,750 3,000 2.500 2,750 3,850 - 4,250 3.500 3,850 2,900 3,200 25,000 27,500 20,000 22,000 95.000 105K 70,000 77,000 6,800 7,500 640 700 375 415 460 500 850 920 12,600 13.800

20,000 28,750 8,500 20,000 62,500

22,000 32,000 9,250 22,000 68,500

225K 5,500 8,000 145K 3,000 4,500 4,250 23,500 13,500

250K 6,000 8,800 155K 3,250 4,900 4,650 26,000 15,000

4.250 7,250 4,300 19,500 11,000

4,650 8.000 4,700 21,500 12,000

no

385

no

DEMAND NOTES

1

1861 $5 1 1861 $10 1 1861 $20

3,400 11,000 82,500

3,700 15,000 12,000 23,000 90,000 115K

16,500 30,000 25,000 32,000 125K 125K

1 1 1

U.S. NOTES CLEGAL TENDER] 1862 $1 1862 $2 1862-3 $5 1862-3 $10 1862-3 $20 1862-3 $50 1862-3 $100 1869 $1 1869 $2 1869 $5 1869 $10 1869 $20 1869 $50 1869 $100 1874 $1 1874 $2 1874 $50 1875 $1 1875 $2 1875 $5 1875 $10 1875 $20 1875 $50 1875 $100 1878 $1 1878 $2 1878 $5 1878 $10 1878 $20 1878 $50 1878 $100 1880 $1 lg. seal; red nos. 1880 $1 lg. seal; blue nos. 1880 $1 sm. seal 1880 $2 lg. seal; red nos. 1880 $2 lg. seal; blue nos. 1880 $2 sm. seal 1880 $5 lg. seal; red nos. 1880 $5 lg. seal; blue nos. 1880 $5 sm. seal 1880 $10 lg. seal: red nos. 1880 $10 lg. seal; blue nos. 1880 $10 sm. seal 1880 $20 lg. seal; blue nos. 1880 $20 sm. seal; blue nos. 1880 $20 sm. seal; red nos. 1880 $50 lg. seal 1880 $50 sm. seal 1880 $100 lg. seal 1880 $100 sm. seal 1901 $10 1907 $5 1917 $1 1917 $2 1923 $1 1923 $10

260 460 395 850 1,750 13,000 27,500 375 525 385 585 1,650 17,000 14,000 145 325 4,500 100 330 150 950 975 185K 13,000 115 305 175 575 600 4,200 7,500 140 425 110 120 925 115 150 150 105 400 365 350 365 320 275 3.250 2,700 7.250 6,000 515 130 60 60 115 1,000

285 500 430 925 1,950 14,500 30,000 405 575 415 640 1,800 19,000 15,500 160 355 5,000 110 360 165 1,C50 1,075 205K 14,500 125 335 195 625 660 4,600 8,500 155 465 120 130 1,025 125 165 165 115 435 400 380 400 350 300 3,550 3,000 8.000 6,600 565 140 65 65 125 1,100

435 900 525 1,300 3,250 27,500 45,000 575 1,150 700 850 3,200 35,500 24,500 250 575 5,750 160 510 275 1,650 1,375 225K 24,000 200 475 330 750 850 7,500 12,500 200 685 180 210 1,575 145 285 300 130 575 650 450 550 365 365 5,000 2,850 15.000 11,500 700 140 70 70 135 2.700

475 975 575 1,425 3.550 30,000 50,000 625 1,275 825 925 3,500 39,000 27,000 275 625 6,300 180 560 300 1,800 1,500 250K 26,500 220 525 365 850 925 8,250 13,750 220 750 200 230 1,750 160 310 330 145 625 710 500 600 400 405 5,500 3,150 16.500 12,500 775 150 75 75 150 3.000

740 1,950 825 2,400 5.250 45,000 60,000 1,450 2,800 1,250 1,475 4,750 65,000 40,000 525 1,050 7,400 335 750 425 1,950 2,000 300K 36,000 340 625 500 1,200 1,150 12.500 17.500 330 1,225 265 375 3,800 235 485 475 240 825 850 800 1,150 800 725 6,500 6,400 28.000 23,500 1,900 300 105 120 265 4.250

815 2,150 900 2,600 5,750 50,000 70,000 1,600 3,100 1,375 1,650 5,250 71,000 44,000 575 1,150 8,100 360 825 475 2.150 2,200 325K 40,000 375 675 550 1,300 1,250 14,000 19,500 365 1,350 290 410 4,200 260 535 525 265 900 950 875 1,250 875 800 7,100 7,000 31.000 26,000 2,075 325 115 130 290 4.650

1,075 2,550 1,150 2,750 7.000 85,000 85,000 1,950 3,850 1,950 2,200 7,750 90,000 70,000 750 1,275 10,500 550 1,000 525 2,500 2,400 325K 55,000 575 800 650 1,850 1,650 20,000 24,000 525 1,850 420 550 5,000 400 600 550 325 1.200 1,200 1,050 1,500 1,050 1,000 8,750 8,500 43,500 28,500 2,550 340 135 170 375 5.800

1,175 2,800 1,250 3,000 7,750 93,000 95,000 2,150 4,250 2,150 2,400 8,500 100K 77,000 825 1,375 11,500 600 1,100 575 2,750 2,650 350K 65,000 625 880 710 2,050 1,800 22,000 26,500 575 2,050 460 600 5,500 440 675 600 360 1,325 1,300 1.150 1,650 1,150 1,100 9,500 9,300 47.500 31,000 2,800 370 150 185 410 6.350

1,400 2,900 1,175 3,200 8.250 110K 95,000 2,350 4,400 2,100 3,250 10,250 100K 80,000 975 1,450 19,000 685 1,225 750 3.000 2,750 375K 65,000 640 1,125 950 3,050 1,950 25,000 26,500 600 2,300 625 700 5,750 750 775 700 500 1.450 1,350 1,350 1,700 1,400 1,150 10,100 10,000 55.000 34,500 3,450 385 170 230 500 6.750

1,550 3,200 1,275 3,500 9,000 120K 105K 2,600 4,800 2,300 3,550 11,250 110K 88,000 1,075 1,600 21,000 750 1,350 825 3,300 3,000 405K 75,000 700 1,225 1,050 3,350 2,150 27,500 29,000 650 2,550 685 775 6,250 825 850 775 550 1.600 1,500 1,500 1,850 1,550 1,250 11,100 11,000 60.000 37,500 3,800 425 190 250 550 7.500

to to no

no to no

3,150 20,000 2,750 4,200 60,000 3,400 4.200 3,300 2.200 6.500 6,500 4,300 10,000 6,750 4,500 40,000 35,000

3,450 22,000 3,000 4,600 66,000 3.700 4,600 3,600 2,450 7.150 7,150 4,750 11,000 7,400 5,000 45,000 38,000

15,500 1,800 1.175 1,700 2,750 25.000

16,500 1,950 1,275 1,875 3,000 27.500

COMPOUND INTEREST TREASURY NOTES 1 1863-64 $20 1 1863-64 $50 1 1863-64 $100

FR FR FR

191 192 193

1,650 13,000 22,500

2,600 1,800 3,000 14,500 27,000 25,000 40,000

197

2,200 5,000

2,400 5,500 5,500 13,000

2,850 3,350 13,500 30,000 45,000 44,000 70,000

7,100 15,000 50,000 77,000

11,750 27,000 65,000 90.000

13.000 30,000 70,000 100K

21,000 35,000 75,000 95,000

23,000 30,000 38,000 39,500 82,000 80,000 105K 105K

33,000 50,000 43,000 60,000 88,000 90,000 120K 115K

55,000 55,000 65,000 65,000 100K 95,000 125K

60,000 70,000 70,000 80,000 115K 105K 140K

77,000 88,000 125K

~ ~ ~

oa ew »v 1

to no no

no no no

to no no

no to no

1 1

no to no

to no to

1

35,000 80,000 300K

38,000 87,000 330K

no no no

no no no

INTEREST BEARING NOTES 1 1861-65 $20

FR

6,000 16,000 14,500 25,000

18,000 27,500

24,500 40,000

27,000 31,000 44,000 57,500

34,000 65,000

no no no

no no no

no no no

no no no

no no no

no no no

no no no

no no no

to no no

no no no

10,500 44,000 140K 240K 1,975 2,200 12,000 14,000 62,500 1,200 3,850 3.250 4,150 8,800 15,000 120K 2,150 4,500 9,000 675 450 365 1,050 2,700

11,500 48,500 155K 265K 2,175 2,400 13,500 15,500 70,000 1,300 4,200 3.550 4,550 9,600 16,500 130K 2,350 5,000 10,000 750 500 400 1,150 2,950

18,500 60,000 225K 300K 2,250 3,500 16,000 27,500 87,500 1,650 7.500 5.500

20,500 65,000 250K 330K 2,475 3,850 17,250 30,000 97,500 1,800 8,250 6,000

17,250 25,000 160K 2,500 5,800 13,000 825

19,000 27,500 175K 2,750 6,300 14,250 900

520 1,435 4,500

570 1,575 4,950

1,225 3,500 9,200

1,375 3,800 10,000

90 3,775

100 4,175

125 5,800

135 6,350

440 15,000

485 16,500

27,500 13,000 18,500

42.500 23.500 28.500

46,500 25,500 31.000

1,375 3,575

2,750 6,250

3,000 7.000

4,800 18.500

11,000 37,500

12,000 41,000

REFUNDING CERTIFICATES SILVER CERTIFICATES FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR

287-290 309-312 325-329 338-342 215-221 240-244 259-265 291-297 313-316 222-223 245-246 266-267 298-301 317-322 330-335

1896 31 1896 $2 1896 $5

FR FR FR

224-225 247-248 268-270

1899 1899 1899 1899 1908 1923 1093

FR 226A-229 FR 230-236 FR 249-258 FR 271-281 FR 302-304 FR 237-239 FR 282

1880 1880 1880 1886 1886 1886 1886 1886 1891 1891 1891 1891 1891 1891

$20 $50 $100 31 $2 $5 310 320 $1 $2 $5 $10 $20 $50

$1 date below $1 date right $2 $5 $10 $1 S3

1,100 2,000 3,850 5.250 130 240 635 475 1,275 140 210 245 185 485 1,250 4.100 100 315 575 90 55 55 88 300 255 20 480

4,500 2,600 2,850 1,650 1.800 1,200 6,750 7,350 10,000 2,200 3,200 3,500 24,000 46,000 4,250 8,500 9,500 22,000 27,500 60.000 5,750 14,000 15,500 25.000 500 300 330 225 250 145 1,275 600 650 265 450 500 4,350 1,950 2,100 1,150 700 1,025 3.800 1.775 1,950 800 900 525 5,500 6,000 14,500 3,300 1,375 3,000 500 315 345 180 200 150 1,500 625 675 330 360 230 1.200 675 750 350 385 270 1,350 775 850 425 465 205 2,600 1,050 1,150 825 900 535 5,800 3,250 3,550 1,850 2,000 1,375 20,000 <(i.(l(iil 7,700 18.000 4,500 7.000 685 275 300 250 275 110 2,500 750 825 500 550 345 4,250 1,850 2,000 600 675 625 210 115 125 105 115 100 175 110 120 92 100 60 165 95 105 85 95 60 340 180 200 155 170 95 1,000 450 500 375 425 330 1,150 675 740 410 450 280 50 33 36 25 28 22 1,800 850 950 500 550 525

170 325 220 475 1,450 90 200 215 275 1,600

185 350 240 525 1,600 100 220 235 305 1,750

4,950 11,150 50,000 70,000 550 1,375 4,750 4,150 16,000 550 1,650 1.325 1,475 2,850 6,300 33,000 750 2,750 4,600 230 195 180 370 1,100 1,250 55 2,000

6,000 22,000 70,000 120K 1,050 1,800 6,500 6.000 32,000 650 2,150 1.700 1,850 3,500 7,200 55.000 1,000 3,800 6,300 240 205 205 635 1,600 1,500 57 2,350

6,650 6,500 24,000 28,500 110K 77,000 175K 135K 1.300 1,150 2,000 2,000 7,200 7,100 7.300 6,500 36,000 50,000 1,000 725 2,750 2,350 2.550 1.850 2,800 2,000 4,750 3,800 8,500 7,900 62,500 75.000 1,700 1,100 4,150 4,100 7,200 6,900 335 265 285 225 285 225 800 700 1,950 1,750 1,950 1,650 70 62 2,900 2,550

8,300 7,300 32,500 38,500 125K 120K 200K 195K 1,375 1,450 2,100 2,200 9.500 7,900 9.500 8,000 55,000 55,000 1,100 1,100 3,100 3,000 3,000 2.800 3,150 3,100 5,750 5,250 9,500 11,000 85,000 95.000 1,950 1,850 4,300 4,550 8,600 7,900 475 365 400 315 320 315 825 875 2,100 2,100 2,650 2,150 80 78 3,100 3,150

TREASURY NOTES OR COIN NOTES 1890 $2 1890 $5

FR FR

353-355 359-361

1890 $20 1891 $1

FR FR

372-374 350-352

1891 $5 1891 $10 1891 $20

FR FR FR

362-365 369-371

375 725 375 750 2,750 140 385 335 525 2,400

415 800 415 825 3,025 155 425 370 575 2,700

485 1,350 850 1.300 5,000 210 700 600 875 3,450

525 1,500 925 1,450 5,500 230 775 650 950 3,750

1.450 3.450 1,500 2.700 7,000 420 1,150 825 1,275 5,950

1,600 2 200 3,750 6,300 1,650 3,500 3,000 3,400 7,750 10,000 650 460 1,250 1,800 900 1,200 1,500 1,400 6,500 6,750

2,400 7,000 3,850 3,750 11,000 700 1,950 1,325 1,650 7,500

www. cdnpublica tions. com

2,600 7,000 3,700 3.850 11,750 770 2 100 1,425 2,150 7,600

2,850 7,800 4,050 4,250 12,750 850 2.300 1,575 2,350 8,300

3,250 8.500 5,000 5.500 15,000 800 2.375 2,100 3,000 10,000

9,100 42,500 135K 220K 1,500 2,300 10,500 10,500 60,000 1,200 3,400 3,300 3,450 6,250 12,000 105K 2,150 4,700 9,400 525 440 350 900 2,300 2,900 90 3,400

3,550 4,850 9,500 10,750 5,500 8,000 6,000 7.250 16,500 18,500 825 875 2.550 2.650 2,300 3,300 3,600 11,000 12,000

4,/du 11,750 25,000 8,750 12,000 8,000 17,000 20,500 1,275 900 3,250 2,875 3,950 13,250

4,400 17,000

6,600 7,200 5,825 6,325 50,000 55,000 47,500 52,500 120K 135K 4,800 5,200 15,500 17,000 12,000 13.000 20,000 + 22,000 47,000 52,000 55,000 60,000 200K 220K 7,250 8,000 16,000 17,500 20,000 22,000 2,500 2,750


When you are ready to consign, it is imperative that the professionals you choose to work with are as knowledgeable about your currency as you are. Stack’s Bowers Galleries takes tremendous pride in the expertise and competency of our associates, which include some of the most prominent numismatic authorities in the world. Whether you are a seasoned collector or are looking forward to your first consignment, the experts at Stack’s Bowers are just a phone call away, ready to share our numismatic knowledge and guidance to help you earn top dollar for your currency.

Bruce Roland Hagen

Stack’s Bowers Galleries is accepting consignments to auctions throughout the year, including the Official Auctions of the ANA World’s of Fair Money and ANA/PNG Pre-Show in Chicago this August, and the Official Auctions of the Whitman Baltimore and Philadelphia Expos. John M. Pack

,

.

,

Peter Treglia

Consign to the Auction Event or the Year! The Stack’s Bowers Galleries Official Auctions of the ANA World’s Fair of Money and ANA/PNG Pre-Show

August 12-20, 2011 • Chicago Illinois Consign U.S. Lots by June 20, 2011 • Consign World Lots by May 16, 2011 Call one of our currency consignment specialists to discuss opportunities for upcoming auctions. They will be happy to assist you every step of the way.

800.458.4646 West Coast Office

800.566.2580 East Coast Office

A Spectrum Group International Company Matthew W Quinn Peter Treglia Bruce Roland Hagen John M Pack

800.458.4646 West Coast Office • 800.566.2580 East Coast Office 18061 Fitch, Irvine, CA 92614 • 949.253.0916 info@stackshowers.com • www.stacksbowers.com California • New York • New’ England • Hong Kong SBG CDNGS Trust 4 26 11

Chris Napolitano ANA LM # 4430 Steve Deeds ANA LM # 985 Ron Gillio ANA LM # 950 Richard H. Ponterio LM #2163


MAY 2011

the CURRENCY DEALER NEWSLETTER

PAGE 4

J

NATIONAL BANK NOTES SERIES DENOMINATION

FRIEDBERG NUMBERS

FINE 12 VG 8 VF 20 XF 40 AU 50 CU 60 CHCU63 1 VCH CU 64 GEM CU 65 SUP CU 67 1 BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK RID ASK BID ASK 1

1st ISSUE Original $ 1 rays 1875 $1 scallops Original $2 rays

FR FR FR

380-382 383-386 387-389

400 500 2,050

450 550 2,250

750 675 2,650

825 735 2,875

800 925 4,200

875 1,000 4,600

1,375 1,375 5,450

1,500 1,500 5,950

1,850 1,850 7,000

2,050 2,050 7,600

2,300 2,450 7,750

2,525 2,750 8,450

2,950 2,950 9,000

3,250 3,300 3,250 3,300 9,800 10,500

3,600 3,600 11,500

4,750 4,750 14,500

5,250 5,250 16,000

8,000

1875 $2 scallops Original $5 rays 1875 $5 scallops Original $10 rays

FR FR FR FR

390-393 394-399 401-408 409-414

2,650 925 800 1,000

2,900 1,025 875 1,100

3,100 1,050 975 1,350

3,400 1,150 1,050 1,475

3,750 1,375 1,375 1,700

4,025 1,525 1,500 1,850

5,450 2,000 2,000 2,250

5,950 2,200 2,200 2,450

7,000 2,600 2,600 3,100

7,600 2,850 2,850 3,400

7,850 3,250 3,250 4,350

8.550 3.550 3,550 4,750

9,100 3,750 3,750 4,900

12,000 5,000 4,850 6,600

16,500 6.500 6,350 7.500

18,500 7,100 7,000 8,200

~~~

1875 $10 scallops Original $20 rays 1875 $20 scallops

FR FR FR

416-423 424-429 431-439

1,000 1,900 1,675

1,100 2,100 1,825

1.225 2,200 1,725

1,325 2,450 1,900

1,500 2,550 2,250

1,650 2,800 2,475

2,150 3,100 3,100

2,350 3,400 3,400

3,000 4,200 4,200

3,300 4,600 4,600

4,150 5,300 5,300

4,550 5,800 5,800

4,600 6,000 6,000

9,900 11,000 4,100 4,650 4,100 4,450 5,400 6,000 5,000 5,850 6,600 6,700 6,600 6,700

6,350 7,300 7,300

8,000 9,100 9,100

8,875 10,000 10,000

Original $50 rays 1875 $50 scallops Original $ 100 rays 1875 $100 scallops

FR FR FR FR

440-443 444-451 452-455 456-463 SECOND CHARTER-1 st ISSUE (BROWN BACK) 1882 $5 FR 466-478 1882 $10 FR 479-492 1882 $20 FR 493-506 1882 $50 FR 507-513 1882 $100 FR 519-531

11,000 11,000 13,000 13,000

12,000 12,000 14,250 14,250

12,000 12,000 14,250 14,250

13,000 13,000 15,750 15,750

13,000 13,000 15,250 15,250

14,250 14,250 16,750 16,750

14,000 14,000 17,500 17,500

15,500 15.500 19.500 19,500

18,050 18,050 26,100 26,100

20,000 20,000 28,500 28,500

20,050 20,050 28,500 28,050

22,000 22,000 31,500 31,500

22,550 22,550 34,400 34,400

25,000 25,000 38,000 38,000

27,000 27,000 42,500 42,500

28,700 28,700 48,500 48,500

31,000 31,000 52,500 52,500

320 325 500 3,300 3,850

350 350 550 3,600 4,250

340 340 525 3,650 4,000

375 375 575 4,000 4,400

440 460 700 4,150 5,000

480 500 775 4,550 5,500

750 850 1,150 6,000 8,000

825 1,025 925 1,200 1,250 1,900 6,600 7,000 8,800 11,250

1,100 1,325 2,100 7,700 12,500

1,175 1,825 2,350 10,000 13,500

1,275 2,000 2,600 11,000 15,000

1,250 2,200 2,750 12,500 16,000

1,350 1,575 2,425 2,300 3,000 3,150 13,500 15,000 18,000 18,000

1,725 1,850 2,550 2,400 3,450 4,000 16,500 22,500 20,000 24,000

3,000 2,050 2,650 4,750 4,350 7,500 25,000 33,000 26,500 35,000

SECOND CHARTER-2nd ISSUE (DATE BACK) 1882 $5 FR 532-538 1882 $10 FR 539-548 1882 $20 FR 549-557 1882 $50 FR 558-565 1882 $100 FR 566-572

340 350 700 3,500 5,100

375 385 770 3,800 5,600

375 500 750 3,700 5,500

415 550 820 4,000 6,000

410 525 825 4,500 6,700

450 575 900 4,950 7,300

700 800 1,100 4,700 7,900

770 1,050 875 1,225 1,200 1,900 5,150 6,750 8,700 11,000

1,150 1,350 2,100 7,300 12,000

1.500 1,600 2,000 9.500 13,000

1,650 1,750 2,150 10.500 14.500

1,650 2,200 2,375 11,000 14,000

1,800 1,725 2,400 2,500 2,575 2,500 12,500 13,500 16,000 16,000

1,900 2,750 2,700 15,000 18,000

1,925 3,250 2,650 18,000 20,000

2,075 3,600 2,850 20,000 22,000

3,000 3,650

3,350 4,050

SECOND CHARTER-3rd ISSUE (VALUE BACK) 1882 $5 FR 573-575 1882 $10 FR 576-579 1882 $20 FR 580-585 1882 $50 FR 586 1882 $100 FR 586 A

425 410 600 37,500 70,000

465 550 450 500 625 675 42,000 45,000 80,000 80,000

600 550 700 50,000 90,000

600 650 925 55,000

660 850 700 1,100 1,000 1,650 60,000 65,000

925 1,300 1,200 1,450 1,800 2,050 70,000 75,000

1,450 1,800 1,600 2,050 2,250 2,700 82,000 90,000

2,000 2,250 3,000 100K

2,000 2,300 3,100 100K

2.400 2,600 3.400

2,650 2,900 3,750

3,100 2,950 4,250

3,400 3,250 4,650

4,850 5,500

5,300 6,000

1,775 1,750 2,300 2,600 2,850 3,000 11,500 12,000 13,750 13,500

1,900 2,850 3,250 13,500 15,000

1,950 3,050 5,500 15.500 18.500

2,150 3,350 6,000 17,000 20,500

3,100

3,400

THIRD CHARTER-lst ISSUE 1902 $5 red seal 1902 $10 red seal 1902 $20 red seal 1902 $50 red seal 1902 $100 red seal

FR FR FR FR FR

2,200 2,500 3,400 110K

24,500 24.500 38.500 38,500

8,800

~~~

~~~

ZZZ ~

~~

3,350 5,200 8,300 36,000 38,500

587-589 613-615 639-641 664-666 686-688

345 460 500 4,500 5,300

375 500 550 5,000 5,800

365 500 550 4.750 5.750

400 550 600 5,250 6,400

485 550 650 5,000 6,000

525 600 725 5,500 6,600

750 1,150 1,500 5,750 7,000

825 1.250 1,650 6.250 7,700

1,000 1,550 1,875 7,000 8,500

1,100 1.700 2,050 7.700 9,300

1,425 1,800 2,400 9,000 10,500

1,575 2,000 2,650 10,000 11,500

1,600 2,100 2,600 10.500 12.500

THIRD CHARTER-2nd ISSUE (DATE BACK) 1902 $5 blue seal FR 590-597 1902 $10 blue seal FR 616-623 1902 $20 blue seal FR 642-649 1902 $50 blue seal FR 667-674 1902 $100 blue seal FR 689-697

100 110 115 625 950

no 120 130 675 1,050

120 120 135 640 1,450

130 130 150 700 1,600

175 175 175 750 1,800

195 195 195 825 2,000

275 280 280 1,900 2,850

300 310 310 2,100 3,150

410 400 425 2,600 3,500

450 440 465 2.850 3.850

500 435 500 3,600 4,900

550 475 550 3,950 5,300

550 460 550 3,900 5,000

600 500 600 4,250 5,500

630 635 640 4.200 5.200

680 690 700 4,650 5,700

825 850 900 6,300 7,000

925 950 1,000 6,900 8,000

1,500 1,750 1,900

1,650 1,950 2,100

THIRD CHARTER-3rd ISSUE 1902 $5 blue seal 1902 $10 blue seal 1902 $20 blue seal 1902 $50 blue seal 1902 $100 blue seal

FR FR FR FR FR

598-612 624-638 650-663 675-685 698-707

75 75 85 600 875

85 85 95 675 950

100 100 110 650 1,050

110 110 120 725 1,150

120 120 125 750 1,250

130 130 140 825 1,375

200 220 235 1,475 2,300

220 240 260 1,600 2,550

230 275 320 2,100 2,500

250 300 355 2,300 2,750

315 365 400 2,500 3,200

345 400 435 2,750 3,500

375 440 515 2,700 3,450

410 480 565 3,000 3,750

475 460 550 3,750 3,650

520 500 610 4,100 4,000

525 600 725 5,400 6,000

575 650 800 5,900 6,600

1,200 1,275 1,350

1,350 1,400 1,500

1918 $1 1918 $2 1915/18 $5

FR FR FR

708-746 747-780 781-809

50 200 110

55 220 120

65 250 185

72 275 200

85 360 250

95 400 275

120 630 420

320 1,600 1,025

300 1,700 1,050

330 1,850 1,150

775 2,300 1,525

850 2,500 1,675

1,275 5,500 3,600

1,400 6,000 4,000

1915/18 $10 1915/18 $20 1918 $50

FR FR FR

810-821 822-830 831

685 950 3,000

750 1,050 3,300

1,000 1,575 6,100

1,100 1.700 6.700

1,550 2,500 8,800

1.700 2.700 9,600

2,800 4,900 13,750

6,600 6,400 10,000 11,000 29,500 32,000

7,000 12,000 35,000

8,000 + 8,750 21,000 17,850 20,000 32,000 43,000 52,500 39,000

23,000 35,000 57,500

1914 1914 1914 1914

$5 red seal $5 blue seal $10 red $10 blue

FR FR FR FR

832-843 844-891 892-903 904-951

120 36 155 38

130 40 170 42

140 57 210 60

155 62 230 65

275 75 410 65

300 82 450 70

580 85 850 105

630 92 925 115

950 105 1,350 120

1,050 115 1,500 130

1,400 140 1,950 150

1,550 155 2,150 165

1,475 160 2,250 195

1914 1914 1914 1914

$20 $20 $50 $50

red blue red blue

952-963 FR FR 964-1011 FR 1012-1023 FR 1024-1071

180 50 750 110

200 55 825 120

325 75 1,300 150

355 82 1,425 165

435 78 2,200 200

475 85 2,400 220

1.250 150 4.250 510

1,375 165 4,650 560

1,800 180 6,000 675

2,000 200 6,600 750

2,600 220 6,900 900

2,850 240 7,400 1,000

1914 1914 1918 1918

$100 red $100 blue $500 blue $1,000 blue

FR 1072-1083 FR 1084-1131 1132 FR FR 1133

800 265 2,900 3,100

900 285 3,200 3,400

1,375 360 6,300 7,100

1,500 385 6,900 7,800

2,100 400 12,000 15,000

2,300 440 13.500 16.500

4,350 950 17,000 24,000

1870-75 $10 1870-75 $20

FR 1136-1141 FR 1142-1151 FR 1152-1159

2,300 3,700 12,500

1870-75 $50 1870-75 $100

FR FR

1160-1161 1162-1166

FEDERAL RESERVE BANK NOTES 185 1,050 550

205 1,150 600

210 1,250 850

230 1,375 950

295 1,450 925

3,100 4,000 5,400 7,000 15,250 21,000

4,350 7,700 23,000

4,200 7,400 22,500

4,600 8,200 25,000

6,000 9,000 27,000

130 685 460

FEDERAL RESERVE NOTES

4,750 6,000 1,150 1,050 19,000 20,000 26,500 29,500

7,000 6,600 1,250 1,550 22,000 22,000 32,500 33,000

1,950 240 2,500 240

2,150 265 2,750 265

2,750 395 5,200 460

5,750 1,000 30,000 1,275

6,350 1,100 33,000 1,400

3,800 300 9,000 1,550

4,100 4,500 330 375 10,000 15,000 1,700 1,675

5,000 425 16,500 1,850

9,000 675 50,000 2,200

10,000 30,000 1,750 750 110K 55,000 2,400 7,500

33,000 1,950 120K 8,500

7.700 10,000 1.700 1,800 24,500 28,000 36,000 42,000

11,000 25,000 2,000 2,100 31,000 35,000 46,500 75,000

30,000 45,000 2,300 3,000 40,000 50,000 85,000 90,000

110K 50,000 6,850 3,300 70,000 57,500 125K 100K

75,000 70,000 85,000 85.000 135K 140K

80,000 75,000 95,000 95,000 150K 154K

85,000 90,000 105K 115K 165K

1,600 175 2,500 215

3,050 435 5,700 500

-

120K 7,500 80,000 135K

NATIONAL GOLD I3ANK 1MOTES 5,500 12,000 - 13,250 35,000 38,000 45,000 11,000 35,000 74,000 85,000 35,000 67,500

2,500 5,000 4,200 10,000 14,000 32,500

300K 350K

335K 400K

400K 450K

38.500 45,000 50,000 55,000 95,000 95,000 440K 500K

450K 500K

50,000 55,000 60,000 65,000 110K 105K 500K 550K

500K 550K

60,000 65,000 75,000 75,000 120K 130K 550K 600K

550K 600K

600K 650K

600K 700K

175K 200K

195K 225K

200K 250K

225K 275K

1882 $50 1882 $100 1905 $20

FR FR FR FR

1174-1178 1188-1197 1201-1214 1179-1180

775 490 900

400 850 540 1,000

435 1,200 600 1,600

475 1,350 650 1,750

1,000 1,575 1,100 3,650

1,100 1,725 1,200 4,025

3,850 4,700 2,650 8,000 +

4,250 4,900 5,100 6,300 2,900 4,900 8,750 11,500

5,400 6,900 5,400 12,500

6,000 8,000 6,400 14,500

1906 1907 1913 1922

FR 1181-1186 FR 1167-1172 FR 1198-1199 1173 FR

95 88 385 68

105 95 425 75

160 145 425 120

175 160 465 135

250 165 575 145

275 180 625 160

575 445 2,500 + 300

625 485 2,750 325

900 700 3,100 525

1,000 775 3,400 575

1,250 975 3,900 725

1,375 1,075 4,300 800

1,325 1,250 5,500 825

1,475 1,375 6,000 900

1,825 1,825 6,800 1,125

100 355 520

130 365 625

145 400 685

205 460 735

225 500 800

450 1,475 2,150

500 1,625 2,350

725 2,250 2,750

800 2,450 3,050

950 2,900 3,600

1,050 3,200 3,950

1,150 4,100 4,600

1,250 4,500 5,000

1.500 6,300 6.500

4,300 9,750 6,000 10,500

10,750 11,500

18,500 18,500

20,500 20,500

35,000 44,000

90,000 90,000 105K 105K

100K I15K

650K 800K

750K 900K

100K 125K

850K 1 MIL

GOLD CERTIFICATES

$20 $10 $50 $10

1922 $20 1922 $50 1922 $100

FR FR FR

1187 1200 1215

90 325 485

1922 $500 1922 $1,000

FR 1216-1217 1220 FR

3,900 5,450

38,500 48,000 48,000 70,000

53,000 80,000 80,000 95,000

7,350 6,500 8,700 10,500 7,600 7,000 16,000 20,000

8,100 8,800 11,500 15.500 8,300 8,900 22,000 27.500

15,000 30,000 35,000 70,000 20,000 50,000 105K 50,000

32,500 77,000 55,000 115K

5,500 11,000 5,000 2,000 8.250 2,850 2,600 2,000 25,000 60,000 7,300 22,500 5.250 2,300 + 2,550 1,225 5,250 3,350 1,650 3,050 16,000 27,500 7,000 14,500 17,500 34,000 7,100 16,000

12.000 9,250 65,000 5,750

9,700 13,750 17,000 32.500 9,600 18.500 30,000 45,000

uok 100K II5K ^125K

5,750 30,000 + 37,500

120K 110K 125K ^135K

150K 155K

165K

U .S. FRACTIONAL CURRENCY FIRST ISSUE (1862-63) 5 cent perforated edges 5 cent straight edees 10 cent perforated edges 25 25 50 50

cent cent cent cent

perforated edges straight edges perforated edges straight edges

SECOND ISSUE (1863-67) 5 cent 5 cent fiber paper 10 cent 25 cent 25 cent fiber paper 50 cent THIRD ISSUE (1864-69) 3 cent light background 3 cent dark background 5 cent red back

1228-1229 1230-1231 1240-1241 1242-1243

15.00 15.00 14.00 13.50

16.50 16.50 15.00 15.00

21.00 20.00 20.00 20.00

23.00 22.00 22.00 22.00

23.00 22.00 22.50 21.00

25.00 24.00 25.00 23.00

32.00 31.00 31.00 26.00

35.00 34.00 34.00 28.00

55 33 65 30

60 36 70 33

80 44 100 37

88 48 110 40

120 52 160 70

130 56 175 75

180 68 275 80

200 74 300 90

415 115 475 240

455 125 510 260

800 365 625 700

875 400 675 770

FR 1279-1280 FR 1281-1282 FR 1310-1311 FR 1312-1313

16.00 15.00 22.00 18.50

17.50 16.25 24.00 20.00

19.00 18.50 25.00 21.50

21.00 20.50 27.00 23.50

22.00 19.00 29.00 23.50

24.00 21.00 32.00 25.50

42.00 28.00 43.00 32.00

46.00 31.00 47.00 35.00

70 40 110 55

77 45 120 60

115 60 190 95

125 66 210 105

170 78 315 140

185 85 345 155

275 145 410 200

300 160 450 220

620 165 775 315

685 180 850 340

1,200 650 1,750 725

1,325 700 1,900 800

FR 1232-1234 1235 FR FR 1244-1248 1249 FR FR 1283-1288 FR 1289-1290 FR 1314-1318 FR 1320-1322

15.00 17.00 13.50 15.00

16.50 18.50 15.00 16.25

20.00 23.00 17.00 19.50

22.00 25.00 18.50 21.50

22.00 <5 00 20.00 30.00

24.00 38.00 22.00 33.00

29.00 90.00 27.00 85.00

32.00 100.00 29.00 95.00

44 175 31 175

48 190 34 200

46 250 44 290

50 275 48 320

55 490 60 575

60 540 65 625

80 640 80 850

90 700 90 950

235 1,250 200 1,650

260 1,375 220 1,800

400 2,500 325

440 2,750 360

14.00 15.00 16.50 18.00

15.25 16.25 17.50 20.00

16.00 19.00 20.00 22.50

17.25 21.00 22.00 24.50

16.50 26.00 22.00 29.00

18.00 28.00 24.00 31.00

20.00 02 "ii 27.00 55.00

22.00 68.00 30.00 60.00

32 125 50 110

35 135 55 120

45 185 115 215

49 200 125 235

88 410 160 345

95 450 175 375

128 675 250 585

140 735 275 650

210 975 335 1,025

230 1,075 360 1,150

450 1,650 850

500 1,800 950

1226 FR 1227 FR FR 1236-1237 FR 1238-1239

30.00 30.00 15.00 15.00

33.00 33.00 16.50 16.50

34.00 40.00 20.00 20.00

36.00 44.00 22.00 22.00

35.00 44.00 23.00 22.00

38.00 48.00 25.00 24.00

36.00 53.00 31.00 27.00

40.00 58.00 34.00 29.00

50 68 40 36

55 75 44 39

65 95 60 50

70 105 65 55

72 175 130 70

80 190 140 80

115 250 190 90

125 275 210 100

190 400 215 190

210 440 235 205

500 560 800 500

550 610 875 550

1251-1252 1253-1254 1255-1256 1291-1293 1294-1296 1297-1300

13.50 17.00 13.50 14.00 14.00 17.00

15.00 19.00 15.00 15.25 15.25 18.50

18.50 25.00 18.00 16.25 16.00 22.00

20.50 30.00 20.00 17.25 17.00 24.00

22.00 30.00 20.00 20.00 18.50 30.00

24.00 35.00 22.00 22.00 20.00 33.00

30.00 40.00 26.00 40.00 27.00 60.00

33.00 44.00 28.00 44.00 29.00 70.00

45 55 36 60 37 105

50 60 39 65 40 115

90 100 50 90 60 195

100 110 55 100 65 215

130 160 60 155 95 315

140 175 65 170 105 345

185 190 75 170 105 475

205 210 80 185 115 525

205 290 130 320 160 650

225 320 140 350 175 725

800 750 525 725 400 1,400

880 825 575 800 440 1,550

1324-1327 1328-1330 1331-1338 1339-1342

30.00 29.00 29.00 35.00

33.00 32.00 32.00 38.00

48.00 45.00 44.00 52.00

53.00 50.00 48.00 57.00

57.00 55.00 46.00 60.00

63.00 60.00 50.00 66.00

95.00 95.00 80.00 86.00

105.00 105.00 88.00 95.00

110 125 85 100

120 135 95 110

170 160 140 165

185 175 155 180

220 245 185 180

240 270 205 200

230 270 190 220

255 300 210 240

375 320 365 435

410 350 400 475

1,050 800 850

1,150 880 950 ■ -

FR FR FR FR

FR cent red back FR cent auto. FR cent green back FR cent red back FR cent ereen back rpnl fihpr nanpr FR ■--r.zr.--— 1 50 cent Spinner-Ty. 1; red back FR I 50 cent Spinner-Ty. 1; auto. I 50 cent Spinner-Ty. 1; green back FR 50 cent Spinner-Ty. 2 FR 10 10 10 25 25

I

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SERGIO SANCHEZ JR. CURRENCY U.S. LARGE SIZE NOTES SPECIALIST BUY - SELL EXPERT APPRAISALS LARGE SELECTION OF: Treasury Notes • US Notes • Silver Certificates • Gold Certificates • Confederates Nationals • Obsoletes Colonials SMALL AND LARGE SIZE U.S. CURRENCY Paying TOP DOLLAR for your US Type Notes TEL: (305) 567-1515 • FAX: (305)567-1898 P.O. BOX 44-2809 • MIAMI, FL. 33144-2809 E-mail: sen*io@sanchezcurrencv.com www. sanchezcurrency. com PCIJA-SPMC-ANA Member


the CURRENCY DEALER NEWSLETTER

PAGE 5

U.S. FRACTIONAL CURRENCY continued SERIES DENOMINATION 50 50 50 50 50

cent Justice—red back cent Justice—red back; fiber cent Justice—auto. cent Justice—green back cent Justice—grn.back; fiber

FRIEDBERG NUMBERS FR FR FR FR FR

1343-1350 1357 1355-1356 1358-1369 1370-1373

FOURTH ISSUE (1869-75) 10 cent 15 cent 25 cent

FR FR FR

50 cent Lincoln 50 cent Stanton 50 cent Dexter FIFTH ISSUE (1874-76) 10 cent green seal 10 cent red seal 25 cent 50 cent

VG 8 FINE 12 VF 20 XF 40 CU 60 AU 50 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 | BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK 1 ASK BID 37.00 75.00 40.00 36.00 41.00

40.00 52.00 85.00 140.00 45.00 50.00 40.00 43.00 45.00 52.00

57.00 65.00 155.00 290.00 55.00 55.00 48.00 52.00 57.00 75.00

1257-1261 1267-1271 1301-1307

13.50 40.00 14.00

15.00 44.00 15.50

17.00 44.00 16.00

19.00 47.00 17.50

19.00 45.00 16.50

21.00 48.00 18.00

FR FR FR

1374-1375 1376 1379

45.00 18.50 18.50

50.00 20.00 20.00

70.00 22.50 21.50

75.00 24.50 23.50

85.00 30.00 26.00

FR FR FR FR

1264 1265-1266 1308-1309 B

14.00 13.50 14.00 18.50

15.50 15.00 15.50 20.00

18.00 16.00 16.00 20.00

20.00 17.50 17.50 22.00

21.00 18.00 17.50 21.00

72.00 125.00 320.00 475.00 60.00 120.00 57.00 110.00 82.00 190.00

135.00 525.00 130.00 120.00 210.00

150 600 175 140 215

165 675 190 150 235

225 1,025 260 205 425

250 1,125 285 225 465

320 1,300 400 275 775

355 1,425 440 300 850

435 2,000 440 385 1,000

475 2,200 480 425 1,100

2,900 725 625 1,750

875 3,200 800 675 1,900

1,400 5,500 1,350 1,500 4,500

1,550 6,500 1,500 1,650 5,500

23.00 65.00 22.00

25.00 70.00 24.00

27 70 28

29 80 31

35 80 40

38 90 44

58 100 70

63 110 77

75 135 100

80 150 110

140 210 190

150 230 210

450 1,000 475

500 1,100 525

93.00 33.00 28.00

140.00 42.00 35.00

155.00 46.00 38.00

260 75 48

285 82 52

375 100 80

410 110 88

550 240 100

600 265 110

800 300 130

875 325 140

1,300 550 290

1,450 600 320

2,375 900 700

2,600 1,000 775

23.00 20.00 19.00 23.00

26.00 23.00 22.50 27.00

28.00 25.00 25.00 29.00

36 26 30 36

40 28 33 40

55 33 38 50

60 36 42 55

75 46 44 55

80 50 48 60

80 50 55 60

90 55 60 65

135 72 65 115

145 80 72 125

350 200 350 380

400 220 385 430

U.S. FRACTIONAL CURRENCY PROOF ANO SPECIMEN NOTES SERIES DENOMINATION

NARROW MARGIN WIDE MARGIN CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 FRIEDBERG CU 60 CU 60 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 ASK BID NUMBERS BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK ASK BID

FIRST ISSUE 5 cent face 5 cent back 10 cent face 10 cent back

FR FR FR FR

1231 1231 1243 1243

40 35 40 31

25 25 50 50

FR FR FR FR

1282 1282 1313 1313

42 30 62 42

SECOND ISSUE 5 cent face 5 cent back 10 cent face 10 cent back

FR FR FR FR

1232 1232 1244 1244

44 30 43 26

25 25 50 50

FR FR FR FR

1283 1283 1314 1314

47 35 47 40

THIRD ISSUE 3 cent face light 3 cent face dark 3 cent back

FR 1226 FR 1227 FR 1226-1227

5 cent face 5 cent back red 5 cent back green 10 10 10 10 10

44 38 44 34

70 55 60 40

80 60 65 44

85 65 70 45

95 70 80 50

125 80 90 60

140 90 100 65

210 115 250 190

235 125 275 210

85 75 105 65

95 85 115 70

120 95 145 105

130 105 160 115

195 160 220 155

215 175 240 170

345 275 355 265

380 300 385 290

525 435 550 475

575 475 600 525

46 33 67 46

73 47 77 70

80 53 85 77

100 55 90 80

110 60 100 88

150 70 155 100

165 77 170 110

205 105 290 295

225 115 320 325

115 100 165 105

125 no 180 115

125 160 180 135

135 175 200 150

180 185 230 175

200 200 255 190

335 290 330 320

365 320 360 350

600 590 625 615

650 640 690 665

48 33 47 28

73 53 65 45

80 58 70 50

90 65 85 55

100 72 95 60

125 85 120 70

135 95 130 77

175 125 185 115

195 135 205 125

90 80 100 90

100 90 no 100

160 130 145 135

175 145 160 150

195 185 170 160

210 200 185 175

250 220 225 220

275 240 245 240

400 380 400 350

440 420 440 385

53 38 53 44

65 58 65 57

70 63 70 62

88 65 90 73

95 70 100 80

135 90 150 100

145 100 165 110

200 135 300 190

220 150 330 210

145 120 140 135

160 130 155 145

160 145 210 170

175 160 230 185

205 170 290 215

225 185 320 235

285 230 415 315

310 255 455 345

525 350 650 600

575 385 715 660

70 29 26

77 32 28

95 45 40

105 50 44

115 68 50

125 75 55

165 ioo 70

180 no 77

~~~

2,750 160 100

3,050 175 no

5,000 220 165

5,500 240 180

6,250 310 220

7,000 340 240

7,250 410 330

8,000 450 360

575 435

625 475

FR 1236-1238 FR 1236 FR 1238

42 26 28

46 28 31

58 40 45

63 44 50

70 50 68

77 55 75

115 75 95

125 85 105

210 130 155

230 140 170

115 100 70

130 110 80

170 135 125

190 145 135

225 160 145

250 175 160

310 205 210

340 225 230

420 350 300

465 385 330

FR 1251 FR 1253 FR 1254 FR 1253-1254 FR 1255

50 68 170 50 35

60 85 210 80 65

65 95 230 90 70

80 100 225 95 85

88 110 250 105 93

120 130 270 120 125

130 140 295 130 135

225

250

165 230

180 255

120 140 3,100 100 105

135 155 4,750 140 110

150 170 5,250 155 120

160 210 6,000 160 140

175 230 6,650 175 155

270 295 7,000 240 215

300 325 7,700 260 235

500 525

M m )V

110 130 2,800 90 95

450 475

+

55 74 185 55 38

430 415

470 450

25 cent face 25 cent back red 25 cent back green

FR 1291-1294 FR 1291 FR 1294

75 45 33

+

85 50 36

100 70 58

110 80 63

110 80 65

120 90 70

135 95 75

150 105 82

165 130 115

180 145 125

no 95 73

120 105 80

140 125 105

155 135 115

170 160 128

185 175 140

285 245 170

320 265 185

440 425 340

480 465 375

SPINNER 50 cent face—printed Colby &. Spinner 50 cent face—auto. Colby & Spinner 50 cent face Allison & Spinner 50 cent face Jeffries & Spinner

FR FR FR FR

1324 1328 1329 1330

75 110 1,800 90

95 82 125 120 2,000 2,600 140 100

105 135 2,850 155

110 150 3,000 165

140 120 200 165 3,300 4,400 225 180

155 220 4,850 250

rv fu (V

A/ A/ A/

350

400

465 525 14,250 7,000

620 660

M M <v

425 330 475 375 13,200 13,000 6,500 5,500

570 600

M Al

190 200 9,000 2,000

50 cent back red 50 cent back green 50 cent back green Ty. 2

FR 1324-1330 FR 1331 FR 1339

65 65 1.900

85 70 85 70 2,100 2,200

95 95 2,400

100 100 2,650

135 110 135 110 2,900 3,750

145 145 4,100

cent cent cent cent

cent cent cent cent

cent cent cent cent cent

face back face back

face back face back

face—printed Colby & Spinner face—auto. Colby & Spinner face—auto. Jeffries & Spinner back red back green

JUSTICE 50 cent face—printed Colby & Spinner FR 50 cent face—auto. Colby L Spinner FR 50 cent face Jeffries & Spinner FR

+

+

+

M

250

275

M Al >U

(W <W M

IM ft/ M

ft/ ft/ ft/

300 285 340 330 12,000 12,000 4,750 5,000

260 210 300 220 10,000 11,000 2,200 4,300

135 135 2,950

145 145 3,250

165 150 3,550

180 165 3,850

220 190 4,500

245 210 4,900

350 275 5,800

385 420 400 315 6,300 9,300

465 440 10,300

145 275 2,350

210 285 4,300

230 310 4,750

270 370 5,000

295 400 5,500

400 500 6,500

440 550 7,000

600 875

650 975

385 345

425 390

465 430

1343 1355 1357A

95 120 170

105 130 190

125 155 255

135 170 280

135 165 295

145 180 325

155 180 390

170 200 430

ft/ ft/ ft/

ft/ ft/ ft/

/V /V <ft/

A/ /ft/ A#

A/ A# A/

A/ ft/ /V

130 250 2,150

50 cent back red 50 cent back green

FR 1343-1357 FR 1358

44 43

48 47

73 65

80 70

80 70

88 77

100 90

110 100

140 115

155 125

125 100

135 no

190 135

210 150

250 185

275 205

355 315

GRANT AND SHERMAN 15 cent face—printed Colby & Spinner 15 cent face—auto. Colby & Spinner 15 cent face—auto. Jeffries & Spinner 15 cent face—auto. Allison & Spinner

FR FR FR FR

1272 1273 1274 1275

250 1,950 260 265

340 275 2,150 2,600 350 280 370 290

370 2,850 380 400

600 3,700 500 535

875 650 4,000 4,900 700 550 750 585

950 5,400 770 825

1,700

1,900

1,500 1,600

1,650 1,750

500 2,700 510 520

550 3,000 560 570

800 4,800 800 825

880 5,300 880 900

950 5,500 975 1,075

1,050 6,000 1,075 1,175

1,500 7,250 1,550 1,600

FR

1272

140

185 200

205 220

260 260

330 330

365

620 620

685 685

265 265

290 290

290 325

320 350

325

355

435

15 cent back green 15 cent back red

155

285 285

1,650 2,500 8,000 A/ A/ A/ 1,700 2,800 1,750 2,850 475

750

2,750 A/ Al A<

3,100 3,150 825

SMALL SIZE LEGAL TENDER NOTES SERIES DENOMINATION

FRIEDBERG NUMBERS

FINE 12 VG 8 ASK BID ASK BID

BID

CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 CU 60 AU 50 XF 40 VF 20 ASK ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID 355 160 615 1,700

1,000 575 1,450 3,575

1,100 625 1,600 3,875

125 64 170 70

140 70 185 78

365 275 625 220

400 300 685 245

44 16.00 14.50 13.50

45 19.00 18.00 16.00

50 21.00 20.00 17.50

170 40 38 33

185 44 41 36

12.50 10.50 10.50 50

13.50 11.50 11.50 55

17.00 15.00 15.00 95

18.50 16.50 16.50 105

37 27 37 290

40 30 40 320

85 50 50 130

85 52 55 135

95 57 60 145

360 115 77 200

400 125 85 220

785 265 250 640

860 290 275 700

45.00 45.00 17.50 17.50

50.00 50.00 19.00 19.00

48.00 47.00 18.50 18.50

53.00 52.00 20.00 20.00

75.00 65.00 21.00 21.00

82.00 72.00 23.00 23.00

235 200 44 44

255 220 48 48

18.50 18.50 16.00

17.50 17.50 15.50

19.00 19.00 16.50

18.50 19.00 16.25

20.00 21.00 17.25

21.00 32.00 18.00

23.00 35.00 19.50

44 65 42

48 75 46

250 550

300 630

330 690

345 800

375 880

475 925

525 1,000

64 58 80

70 65 85

230 210 250

255 230 275

305 no 275 1,100

325 145 565 1,550

82 48 80 40

90 53 88 44

42 12.00 12.00 12.00

40 14.50 13.00 12.50

11.00 8.50 8.50 45

12.00 9.25 9.25 50

55 44 44 no

75 45 45 120

40.00 40.00 17.00 17.00

44.00 44.00 18.50 18.50

13.00 13.00 13.00

17,00 17.00 15.00

195 380

230 500

1928 1928 1928 1928

tl $2 A $2 B 12

FR FR FR FR

1500 1501 1502 1503

70.00 7.50 8.75 25.00

75.00 8.50 9.75 27.00

75.00 8.00 12.00 45.00

82.00 9.00 13.00 50.00

115.00 9.00 19.00 95.00

125.00 10.00 21.00 105.00

145.00 10.50 38.00 225

160.00 11.50 42.00 250

180 15.00 60.00 300

200 16.50 70.00 330

200 40 70 475

220 44 80 525

220 45 150 600

-

240 50 160 665

1928 1928 1928 1928

C12 D12 E12 F12

FR FR FR FR

1504 1505 1506 1507

7.00 7.00 7.20 7.00

7.75 7.75 8.00 7.75

8.00 8.00 8.15 8.00

8.75 8.75 9.15 8.75

9.00 8.25 9.25 8.25

10.00 9.00 10.25 9.25

10.50 9.25 11.50 9.50

11.50 10.25 12.50 10.50

16.00 15.00 17.00 15.00

17.50 16.50 19.00 16.50

40 35 35 35

44 38 38 38

75 38 47 38

82 42 52 42

1928 1953 1953 1953

G 12 12 A 12 B $2

FR FR FR FR

1508 1509 1510 1511

7.00 5.00 5.00 5.00

7.75 5.50 5.50 5.50

8.00 5.15 5.15 5.15

8.75 5.65 5.65 5.65

8.25 5.35 5.35 5.35

9.25 5.85 5.85 5.85

9.25 5.75 5.75 5.75

10.25 6.25 6.25 6.25

15.00 6.25 6.25 6.25

16.50 6.75 6.75 6.75

35 10.00 10.00 10.00

38 11.00 11.00 11.00

38 11.00 11.00 11.00

1953 1963 1963 1928

C 12 12 A12 15

FR FR FR FR

1512 1513 1514 1525

5.00 5.00 5.00 9.75

5.50 5.50 5.50 10.75

5.15 5.15 5.15 12.00

5.65 5.65 5.65 13.00

5.35 5.35 5.35 14.50

5.85 5.85 5.85 16.00

5.75 5.75 5.75 19.00

6.25 6.25 6.25 21.00

6.25 6.25 6.25 25.00

6.75 6.75 6.75 27.50

10.00 8.00 8.00 40

11.00 8.75 8.75 44

1928 1928 1928 1928

A 15 B 15 C15 D 15

FR FR FR FR

1526 1527 1528 1529

10.50 9.50 9.50 14.75

11.50 10.50 10.50 16.25

12.25 11.50 11.50 20.50

13.25 12.50 12.50 22.50

16.00 12.50 12.50 40.00

17.50 13.50 13.50 45.00

26.00 16.00 15.00 50.00

28.00 17.50 16.50 55.00

35.00 25.00 25.00 65.00

38.00 27.50 27.50 72.00

50 40 40 100

1928 E 15 1928 F $5 195315 1963 A £5

FR FR FR FR

1530 1531 1532 1533

9.50 9.50 8.75 8.75

10.50 10.50 9.50 9.50

11.50 11.50 9.50 9.50

12.50 12.50 10.25 10.25

12.50 12.50 9.75 9.75

13.50 13.50 10.75 10.75

15.00 15.00 10.00 10.00

16.50 16.50 11.00 11.00

25.00 25.00 12.00 12.00

27.50 27.50 13.00 13.00

1953 B 15 1953 C 15 1963 $5

FR FR FR

1534 1535 1536

8.75 8.75 8.75

9.50 9.50 9.50

9.50 9.50 9.50

10.25 10.25 10.25

9.75 9.75 9.75

10.75 10.75 10.75

10.00 10.00 10.00

11.00 11.00 11.00

12.00 12.00 12.00

1966 1100 iqaa 4 tmn

FR FR

1550 1551

ioo 125

no 140

102 135

112 150

105 140

115 150

140 170

150 185

175 350

SMALL SIZE !SILVER CERTIFICATES 1928 11 1928 A 11 1928 B $1

FR FR FR

1600 1601 1602

20.00 20.00 20.00

1928 1928 1928 1Q34

C$1 Dll Ell £1

FR FR FR FR

1603 1604 1605 1606

65.00 25.00 200.00 22.00

1935 11 1935 A 11 1935 B$1

FR FR FR

1607 1608 1611

2.75 1.60 1.90

22.00 22.00 22.00

24.00 + 24.00 + 24.00 +

26.00 26.00 26.00

90.00 72.00 82.00 34.00 27.00 31.00 350.00 220.00 320.00 24.00 26.00 + 28.00 3.00 1.70 2.10

5.00 2.00 3 50

5.50 2.20 3.75

280 100 250 1,000

-

■■1

28.00 28.00 28.00

33 33 33

36 36 36

42 42 48

46 46 53

45 44 52

50 48 57

48 47 57

53 52 62

230.00 130.00 145.00 210.00 115.00 57.00 62.00 105.00 775.00 360.00 400.00 700.00 28.00 + 31.00 27.00 + 29.00 5.20 5.70 5.10 5.60 2.90 3.20 2.50 2.75 3.70 4.00 3.60 3.85

280 140 850 31

310 155 925 34

360 165 1,075 42

400 185 1,175 46

450 240 1,400 46

500 260 1,550 50

600 260 1,600 53

660 285 1,750 57

410 2,300 82

450 2,500 90

1,100 4,200 285

1,200 4,600 310

5.30 3.40 3.80

5.80 3.75 4.10

7.00 6.75 8.00

7.75 7.50 9.00

14.50 8.00 9 00

15.50 9.00 10.00

22.00 11.50 17 00

24.00 12.50 13.00

14.50 16.50

16.00 18.00

36

40

25.00 + 25.00 + 25.00 +

27.00 27.00 27.00

26.00 26.00 + 26.00

www.cdnpublications.com


MAY 2011

the CURRENCY DEARER NEWSLETTER

I

PAGE 6

SMALL SIZE SILVER CERTIFICATES continued SERIES .amgwNATjQN

FRIEDBERG

yf *1

m FR FR FR

1<D6 G it 1136 G with MOTTO 11 * $1 1967 A 11 1167 a ii lulls 1W4 > 15 1934 C $5 I'd* D 15 IMS 15 15 i A $5 1*53 B 15 1133 IK) HUII' 1934 1154 1434 19 U 1453 1953

A $10 B 110 C >10 D 110 110 A 110

m HR FR FR PR FR PR FR FR PR PR PR FR FR PR FR FR FR FR FR FR FR

1*13 1413 1614 1615 1616 1617 1614 1614 1620 1621 1650 1651 1652 1653 1654 1655 1656 1657 1700 1701 1702 1703 1704 1705 1706 1707

VG 8 BID ASK 1 1 1 l

SO so 50 50

1 60 3.60 2 00 1.55 l 55 1 55 9.75 9.00 1060 900 9.00 8 SO 8.50 8.50 1,850

165 1 65 1 65 1 65 1 70 3.90 2 20 1 65 1 65 1 65 10.75 10.00 11 60 10 00 10.00 9.50 9.50 9 50 2,100 28

23 35 24 27 39 40

25 38 26 29 43 44 43

CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 1 FINE 12 XF 40 VF 20 CU 60 AU 50 ASK BID ASK BID ASK BID BID ASK IBID ASK BID ASK ASK BID ASK BID ASK BID — " | K *— TW !TVi 6 00 1 to 1 80 1 80 1 80 3 25 3 90 3.50 1 65 l 65 l 65 10 35 9 30 11.25 9.25 9.25 9.25 9.25 9.25 2,850 29 24 50 26 29 42 42

1 95 l 95 1 95 1 95 3.50 4.20 3 80 1.75 1.75 1 75 11.35 10.30 12.25 10.25 10.25 10.25 10.25 10.25 3,100 32 26 55 28 32 46 46 45

2 00 2.00 2 00 3.75 4.00 3.60

1.85 10.45 10.10 11.35 9.70 9.70 9.50 9.50 9.50 4.150 32 26 105 28 32 43 45 43

2 20 2 20 2.20 2.20 4.00 3.90 2.05 2.05 2.05 11.45 11 10 12.35 10.70 10.70 10.50 10.50 10.50 4,550 35 28 115 30 35 47 50

■“nr2.35 2 35 2.35 2 35 3.80 4 10 3.70 2.25 2.25 2.25 10.65 10.20 11.45 10.10 10.10 10.00

2 60 2 60 2 60 2.60 4.05 4.45 400 2 50 2.50 2.50 11 65 11.20 12.45 11.10 11.10 11.00 11.00 11.00 5,750 40 38 330 37 38 50 60 50

10.00 10.00 5,250 37 35 300 34 35 45 55

3 35 3.35 3.35 3.35 4 10 4 55 4 10 3.35 3.35 3.35 15.50 13.50 16.00 14.00 13.50 14.50 13.50 13.50 7,350 50 47 575 47 47 60 90 60

3 10 3.10 3.10 3 10 3.85 4.20 3.80 3.10 3.10 3.10 14.00 12.50 15.00 13.00 12.50 13.00 12.50 12.50 6,750 45 43 525 43 43 55 80 55

625 6.00 600 600 7 25 22.00 725 5.00 5 50 5.50 17.00 16.00 18.50 16.00 16.00 15.00 14.00 14.00 7,500 75 77 1,000 70 80 72 105 75

6 75 6 50 6.50 6 50

7 25 6 50 6 50 650

800 24 . Mi 8.00 5.50 6 25 625 18.50 17.50 20.00 17.50 17.50 16.50 15.00 15.00 8,250 83 85 1,100 80 90 80 115 82

24 00 8 25 6 25 6.25 625 22.00 18.00 23.00 17.50 17 50 17.00 16.00 1600 8,000 80 105 1,550 80 88 78 185

8 25 1000 7.50 900 900 7.50 900 7 50 9 25 900 26 00 26 00 9.00 1000 700 7 50 7.00 7.50 7.00 7.50 24 00 33.00 20.00 25.00 <0 '"I 25.00 19.00 20.00 19 00 20.00 18.50 18.00 17.50 17.00 17.50 17.00 8.750 15,750 87 88 115 170 1,700 2,000 88 88 95 95 88 85 200 240 90

11 00 16.00 10 00 13 60 1000 11 80 1000 13(0 1025 1700 28 50 38 00 11.00 1900 8 50 10 50 8 50 10 00 8 50 1000 36 00 60 00 27.00 40 00 40.00 68 00 22.00 42 00 22.00 42 00 20.00 25.00 19.00 24 00 19.00 24.00 17 250 20,000 95 115 190 290 2,200 3,300 95 128 105 170 95 105 265 300 140

17 50 14 60

14 mi 14 60 16 00 43 00 21 00 11 50 11 00 11 00 65 00 44 00

34 00 26 00 26 00 28 00 33 00 11000 32 00 15.00 1700 1700 100 00 100 00 250 00 115 00 85 00 39 00

7500 46 00 46 00 27 00 26.00 39 00 2600 39 00 22,000 31,500 125 460 320 550 3,600 7,250 138 280 185 450 115 475 330 650 345

37 00 31 00 11 00

120 00 35 00 16 50 1» 50 110 00 275 00 125 00

95 00 4300 4300

M 500 500 600

8 000 300

50 525 700

375

R & S EXPERIMENTAL SILVER CERTIFICATES 67

73

75

85

85

95 |

no

120

125

145 135

220 215

300

400 325

475

145 120 135 125 200 200 450 625 1 6251 735

145 145 130 160 185 190 425 650 700 750

160 160 145 175 205 210 475 700 775 825

195 170 220 190 255 500 800 725 1,000

205 275 550 900 800 1,100

90 95 100 175 220

95 115 115 185 225

105 125 125 200 250

185 200 200 475 575

205 215 220 520 625

88 55 80 220 230 2,400 4,300 100K 210K

95 80 105 300 310 2,525 4,600 125K 290K

125 125 150 300 385 3,250 5,000 140K 315K

140 140 165 330 425 3.500 5.500 155K 345K

100 155 1,750 3,200 95,000 82,500 17 28 31 80 150

85 75 95 270 285 2,300 4,200 115K 265K 27 35 40 95 145 1,650 3,100 100K 80,000 16 27 30 80 145

105 160 1,800 3,400 110K 90,000 18 30 33 90 155

115 240 1,900 3,700 125K 105K 19 37 35 115 150

125 260 2,100 4,050 135K 115K 22 40 38 125 165

120 210 390 4,000 5,250 160K 150K 40 75 73 160 275

105 405 405 435 1,200 635

100 475 400 420 1,350 685

110 525 440 460 1,500 750

125 900 700 1,000 2,600 1,700

135 1,000 775 1,100 2,850 1,850

365 2,500 2,400 2,500 5,750 4,550

400 2,750 2,650 2,750 6,250 5,000

200 195

525

1,300

180 215 185 240

310 325 325 325 685

l 450 I

SMALL SIZE NATIONAL BANK NOTES 1929 TV 1929 TV 1929 iy. 1929 TV. 1929TV 1929 iy. 1929 TV

1 2 1 2 1 2 1

15 15 no 110 120 120 ISO

1929 1V. 2 150 1929 iy. 1 1100

FR FR FR FR FR FR FR FR FR

taoo "2 1801-01 1801-02 1802 01 1802-02 1803-01 1803-02 1804-01 1804-02

30 30 30 35 37 175 275 340 400

35 35 35 40 42 190 300 375 440

44 44 38 42 42 50 210 315 390 450

40 35 37 38 45 190 285 355 410

48 42 45 53 55 230 310 365 420

55 46 50 58 65 250 340 405 460

75 85 80 80 90 95 370 430 415 480

1 75 70 70 80 85 340 400 375 440

120 100 115 105 145 170 365 500 500 600

• 105 105 105 110 120 385 465 480 575

95 95 95 100 110 350 425 440 525

130 110 125 115 180 180 410 575 575 675

130 110 125 115 160 190 400 550 550 650

340 370 350 350 750 *

M A,

1,500

1,650 :

•V A.

Ml Ml Ml

M.AIM.

Ml Ml Ml

SMALL SIZE FEDERAL RESERVE BANK NOTES 1929 1929 1929 1929

$5 $10 $20 $50

FR FR FR FR

1850 1860 1870 1880

1928 1928 1928 1928 1928 1928 1928 1928 1928 1934 1934 1934 1934 1934 1934 1934 1934 1934 1950 1950 1950 1950 1950

$5 S10 $20 $50 $100 $500 $1,000 $5,000 $10,000 $5 $10 $20 $50 $100 $500 $1,000 $5,000 110,000 $5 $10 $20 $50 $100

FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR

1950 2000 2050 2100 2150 2200 2210 2220 2230 1955 2004 2054 2102 2152 2201 2211 2221 2231 1961 2010 2059 2107 2157

39 23 27 + 70 110

43 25 30 77 120

44 26 36 82 150

40 24 33 75 135 +

43 26 38 80 140 +

47 28 42 88 155

45 30 43 85 165

50 33 47 93 180

-45 53 105 185

52 50 58 115 200

68 70 85 155 195

75 77 93 170 215

82 88 90 160 200

475 500 550 1,100 1,550

550 600 1,200 1,700

200 200 300 525 800 8,000 15,500 185K

220 220 330 575 900 8,800 17,000 200K

65

75 90 135 230 430 4,400 5,750 175K 165K

SMALL SIZE FEDERAL RESERVE NOTES 40.00 44.00 42.00 22.00 24.00 24.00 28.00 ♦ 31.00 30.00 68.00 75.00 75.00 110 120 125 700 775 750 1,450 1,600 1,700 20,000 22,000 28,000 35,000 40,000 40,000 10.00 10.15 13.00 14.00 13.10 21.50 22.50 21.75 55 60 56 105 110 106 700 775 750 1,300 1,425 1,600 20,000 22,000 27,500 32,500 35,000 37,500

11.00

Ml Ml Ml

11.50 IV A. IV

•V IV IV

Ml IV IV

46.00 26.00 33.00 85.00 135 825 1,875 37,500 44,000 11.15 14.10 22.75 61 113 825 1,750 37,500 42,000

55.00 26.00 31.00 80.00 135 1,000 2,000 45,000 60,000 10.25 13.20 21.85 58 108 800 1,800 40,000 42,500

IV IV IV

IV Ml Ml

12.50

11.75

12.75

12.00

IV IV IV

IV IV A.

IV IV IV

I Ml Ml

IV IV IV

IV IV IV

IV IV IV

Ml V Ml

60.00 60.00 65.00 70.00 28.00 30.00 33.00 33.00 34.00 32.00 35.00 35.00 90.00 95.00 105.00 115 145 155 155 146 1,100 1,200 1,350 1,500 2,200 2,500 ♦ 2,750 2,900 55,000 51,000 61,000 56,000 70,000 80,000 90,000 100K 11.25 10.35 11.35 10.50 14.20 13.30 14.30 13.50 23.00 22.00 24.00 23.00 64 60 64 66 115 110 118 112 900 875 1,000 1,100 2,000 1,900 2,100 2,250 50,000 50,000 60,000 55,000 47,000 47,500 52,500 50,000 MIM.MI MIMIM, A, A. A» 7.00 13.00 12.25 13.25 14.00 IV IV IV Ml Ml Ml *V M1 Al 23.00 IV IV IV <V A# IV Al Al Al 55.00 A^^l 110

75.00 75 36.00 42 38.00 55 125 165 170 180 1,650 1,900 3,200 3,200 66,000 62,000 110K 125K 11.50 15 14.75 19 25.00 25 70 70 120 125 1,200 1,300 2,450 2,500 65,000 60,000 55,000 55,000 7.75 14 15.00 20 25.00 27 60.00 65 125

82 80 46 50 60 75 180 200 200 210 2,100 2,200 3,600 3,900 72,000 90,000 135K 190K 17 23 28 22 32 28 77 90 140 140 1,400 1,600 2,750 2,900 70,000 87,500 65,000 72,500 16 15 22 25 30 28 72 70 140

35 47 48

175 300

WORLD WAR II EMERGENCY ISSUES HAWAII 1935 A $1 1934 $5 1934 A $5 1934 A $10 1934 $20 1934 A $20 NORTH AFRICA (YELLOW SEAL) 1935 A $1 1934 A $5 1934 A $10

FR FR FR FR FR FR

2300 2301 2302 2303 2304 2305

30 55 60 50 55 50

33 60 65 55 60 55

33 60 65 55 63 55

36 65 72 60 70 60

38 80 80 65 85 60

42 90 90 72 95 65

40 120 115 125 140 92

44 130 125 135 155 100

48 205 200 200 425 165

53 225 220 220 465 180

90 330 330 370 900 450

100 360 360 410 1,000 490

95 375 375 400 1,100 575

FR FR FR

2306 2307 2309

31 32 32

34 35 35

50 44 42 1,600

54 48 46 1,750

52 50 46 2,950

57 55 50 3,250

55 62 65 6,000

60 68 70 6,500

63 90 110 8,000

70 100 120 8,800

90 150 160 10,000

100 165 175 11,000

110 165 180 16,500

FR FR FR FR FR

2400 2402 2404 2405 2407

70 80 185 300 2,250

120 135 180 190 200 235 18,000 20,000

145 235 210 365 255 475 22,000 25,000

255 925 400 1,600 520 1,425 27,500 37,500

1,025 1,750 1,575 42.500

465 500 725 2,300 3,050 5,350 6,750 31,000 40,000 44,000 50,000

950 800 1,300 3,350 4,500 7,550 18,500 u non 70,000 55,000 75,000

1,450 5,000 20,500 80,000 85.000

4,850 12,500 85, (XX) 165K 165K

SMALL SIZE GOLD CERTIFICATES 1928 1928 1928 1928 1928

$10 $20 $50 $100 $500

88 205 330 2,450

85 85 205 375 5,600 7,400

95 95 225 410 6,100 8,100

90 100 275 525 8,500 12,000

100 180 110 200 300 800 575 1.400 9,250 17,000 13,000 20,000

200 275 220 260 875 1,125 1,525 1,950 18,500 19,000 22,000 25,500

305 310 285 390 1,225 1,500 2,150 2,800 21,000 23,500 28,000 30,000

340 425 430 450 1,650 2,100 3,100 4,750 25,500 27,500 33,000 40,000

4,450 11,500 75,000 150K 150K

UNCUT SHEETS OF SMALL SIZE CURRENCY ccpicc

DENOMINATION u f NOTES (LEGAL TENDER) 1928 $1 l>2H U 1928 $5 19*3 $2 >< r> SILVER CERTIFICATES 1928 $1 1934 $1 1934 $5

m no

1935 $1 1915 II 1953 $8 WW n EMERGENCY ISSUES 11938 HAWAII $ 1 1 ' "1 MPRICA n NATIONAL CURRENCY 1939 H Yin $io 1 *79 Mu i > -n iv>

Number of FRIEDBERG NUMBERS Notes in sheet

CU 60 BID

CH CU 63 ASK

BID

VCH CU 64 ASK

BID

ASK

BID

GEM CU 65 ASK

PR FR FR FR FR

1500 1501-1508 1525-1531 1509 1532

12 12 12 18 18

8,000 800 900 675 1,000

10.000 875 1,100 750 1,150

15.000 1,200 1,220 850 1,300

18,000 1,300 1,350 950 1,450

17,000 1,500 2,000 1,250 1,650

20,000 1,650 2,200 1,375 1,850

20,000 2,250 2,400 1.850 2,700

23,500 2,500 2,650 2,050 3,000

PR PR PR PR PR PR PR PR

1600-1605 1606 1650-1654 1701 1607-1613 1613-1614 1655 1706

12 12 12 12 12 18 18 18

1,500 2,100 785 2,600 700 700 900 3,000

1,700 2,300 860 2,900 775 775 1,000 3,300

2,200 3,000 1,250 3,800 850 1,000 1,350 4,200

2,500 3,300 1,375 4,200 950 1.100 1,500 4,600

2,500 3,400 1,500 4,500 1,150 1,300 1,550 5,200

2,750 3,750 1,650 4.950 1,275 1,450 1,750 5,700

3,000 4,800 1,950 6,000 1,350 1,700 2,650 6,500

3.400 5.300 2,150 6,600 1.500 1,850 2.9(H) 7,200

PR PR

2300 2306

12 12

3,200 5,250

3,500 5,750

5,000 8,000

5,500 8,800

6,500 9,350

7.200 10,350

11.000 18,500

12,000 20.500

PR PR PR PR

l MOO 1801 1802 1803

6 6

500 550 625 3.000

560 610 675 noo

575 625 675 3,300

625 675 725 3,700

600 650 700 3.500

650 700

650 675 750 4 000

700 725 825 4 5(10

www.cdnpublications.com

4 000

BID

SUP CU 67 ASK

3,000 3,700 2,600 3,900

3.500 4.100 2.850 4.300

5,000

5 750

3,000 10.000 1,950 2,300

3 300 11.000

Ml V Mt

M.M.V

15 000 4» 4* 4»

16 750

2.1M

%«« V V *» m, mr m. V

V•


the CURRENCY DEALER NEWSLETTER MILITARY PAYMENT CERTIFICATES

REPLACEMENT MILITARY PAYMENT CERTIFICATES

CpRipQ VG 8 FINE 12 VF 20 XF 40 AU 50 CU 60 CH CU 63 GEM CU 65 VG8 DENOMINATION BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK Series 461 Issued 9/16/46 through 3/10/47

5*

10c 25* 50*

2.00 2.00

2.50

3.00 3.00

6.00

6.00

7.00

9.00

3.45 3.45 10.00

5.50

2.50

4.50 11.00

5.50 12.00

8.25 3.00

9.25

10.00 4.50

11.00 5.00

12.00 6.00

14.00 7.00

19.00 19.00

21.00 21.00

25.00 22.00

$1.00 $5.00

17.50

4.00 20.00

$10.00

17.50

20.00

Series 471 Issued 3/10/47 through 3/22/48

27.00 24.00

12.00 50.00 35.00

13.00 55.00 42.00

45 90 100

33 46 38

80 185

75 70

155

2.75

3.25

3.25

8.00

17

19

27

30

4.25

5.50

6.50

26

11.00 13.00 13.00

16.00 19.00

18.00 21.00

70 100

55 50 150

110

170

350

385

425

23.00 880

1,800

2,400

no

130

385 130

20.00 800

70 100 88

28 80

12.00 11.00

9.00 11.00 11.00

11 60

12

7.00 9.00 9.50

3.00 9.00

3.75 4.75

7.00

2.50

150

170

190

385

375

5*

1.00

1.25

1.10 1.65

8.00

9.00

12

25*

1.75

2.25

2.25

2.75

7.50

1.50 3.40 8.50

2.00

1.50

1.20 3.00

1.60

1.25

1 35 1.85

1.35

10* 50*

3.25 4.00

3.75 4.50

4.00

5.00

11.00

13.00 15.50

85 22

7.50 105

14.00

75 20

6.50 95 32

160

35

1.00

1.25

1.10

1.35

1.00

1.25

1.10

1.35

25*

1.50

2.00

2.50

3.00

5.00

6.00

50*

3.25

3.75

5.00

6.00 8.50

11.00 13.50

13.00 15.50

85 34

90

100

36.00 250

41.00 275

450

50

55

145

160

435

1.65 1.60 3.00 5.00

2.00

2.50

5.00 5.00

11.00

2.00

4.00 4.00

9.00

1.75

10.00

11.00

5.50

6.00

13.00

14.00

19

40

10.00

11.00

22.50

25.00

9.00 350

10.00 385

16.00 550

18.00 600

125 85

100

110

240

260

40 42 1,050 440

1.50 3.50 7.00

2.50 7.50 900 135

1.25 1.35 1.35 3.00 2.25 6.00 3.50 20.00 8.50 19.00 1,000 1,500 155 150

22.00 1,700 170

2.00 6.00 15.00 30.00 45.00 2,300 440

2.50 2.40 7.00 7.00 17 16.50 35 33.00 70 50.00 2,550 2,900 100 485

1.25 1.25 1.50 2.00 9.00 10.00 15.00 15.00 8.00 10.00 415 390 105 85

1.50 4.00 2.50 3.50 12.00 14.00 17.00 21.00 12.00 19.00 575 455 115 185

5.00 4.00 16.00 24.00 22.00 625 210

8.00 8.00 30.00 45.00 45.00 850 335

10.00 10.00 33.00 52.00 52.00 950 365

18 21 50 75 80 1,200 825

3.00 1.50 1.75 3.00 2.25 10.00 5.00 17.00 4.00 4.75 90 120 85 120

3.50 3.50 11.00 19.00 5.50 130 130

7.00 7.00 20.00 27.00 10.00 250 210

8.00 8.00 22.00 30.00 11.00 300 230

8.00 9.00 26 30 25 350 285

1.10 1.10 1.10 1.25 2.00 17.00 15.00

1.35 1.35 1.35 1.75 2.50 19.00 17.00

1.15 1.15 2.00 2.50 3.25 34.00 29.00

1.40 1.40 2.50 3.00 3.75 38.00 32.00

1.20 1.50 2.50 5.50 7.50 70 37

140 13P 55 55 140 140 65.00 65.00 2.50 2.00 32.00 35.00 28.00 29.00

145 60 150 70.00 3.00 40.00 32.00

135 65 150 70.00 4.50 47.00 46.00

150 70 165 75.00 5.50 53.00 53.00

140 75 160 75

1.45 1.45 1.45 1.90 1.45

1.30 1.30

1.60 1.60 2.50 2.50 2.50

1.65 1.50 3.00 4.00 3.50 5.50 450

$10.00

5* 10*

$1.00

5.00

6.00

$5.00

45 20

50

7.50 75

23

31

1.50 1.50

1.40 1.35 2.50 4.50 7.00 225 58

$10.00

$10.00

1.25 1.25 1.75 3.50 5.50 180 45

5* 10* 25* 50* $1.00 $5.00

Series 541 Issued 5/27/58 through 5/26/61

25.00

40

23

5*

$1.00 $5.00

Series 521 Issued 5/25/54 through 5/27/58

23.00

20

10*

$10.00

Series 481 Issued 6/20/51 through 5/25/54

12.00 10.00 24.00

25* 50* $1.00 $5.00

Series 472 Issued 3/22/48 through 6/20/51

11.00 9.00 22.00

5*

1.00

10*

1.00

25* 50*

1.50 1.75 6.50 600 125

$1.00

$5.00 $10.00

2.00

5.00 6.00 200

55 1.25 1.25 1.75 2.00

7.00 660 145

1.10 1.10 2.00

8.00

250 65

90 80 1,650 350

135

15.00

16.50

39

28.00 33.00

32.00 37.00

43 65

260

280

650

55

175 65

130

145

1.25 1.35

1.50 1.75

2.50

3.25

2.75 9.00

4.00 11.00

15

25.00

30.00

38 80

22.00

150 190 2,650 4,750 410 650

45 50 100

50 50

60 60

100

115 155

60 65 120

70 75 130

no

125

100 800 425

no 950 180 775 625

500 625

FINE 12 ID ASK 155 165 1,500

190 210 1,900

550 300 800

650

800

340 885

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2,0001 1,000|


MAY 2011 BUYING

INTRODUCING

SELLING - TRADING

jhonecash.com

MICKY'S CURRENCY Micky Shipley

Featuring the largest selection of US Currency Notes on the entire Internet. Over 1,000 US Currency notes online, all with large 2-sided color photos.

SPECIALIZING IN: Appraisals • U.S. National Bank Notes Large & Small Type Notes • Emergency Issues Gold Certificates • Legal Tenders Member

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email: jlwn@jlwnecash.com (cell) 214-769-9936

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The Standard for Paper Money Grading RO. Box 10470* Peoria, IL 61612-0470

309-222-8200 www.pcgscurrency.com

Free pricelist available upon request

James Polis 4501 Connecticut Avenue, N.W. Suite 306 Washington, D.C. 20008

BUY

life member of ana and spmc

APPRAISALS SELL

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Obsolete U.S. Notes

ANA-LM SCNA-LM PCDA

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(202) 363-6650 Fax:(202)363-4712

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ALL US PAPER MONEY - STILL SPECIALIZING IN HIGH DENOMINATION NOTES $500 - $1,000 - $5,000 - $10,000

BUYING! Indian Cents-Good & Better.85ea. V-Nickels-AG & Better No Cull.55ea. Barber Dimes-AG & Better.1.1 Oea. Barber Quarters-AG & Better.2.75ea. St. Lib. Quarters-4 Digits.2.50ea. Barber Halves-AG & Better.6.00ea.

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v___z

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(404) 229-7184 U.S. Currency Box 779, Charlestown, RI 02813 Kent Robertson, Owner

LARGE & SMALL SINGLES, HOARDS, COLLECTIONS, TYPE, NATIONALS & ERRORS Write - Call - Or Ship for Highest Price CARL BOMBARA*P.O. Box 524 New York, NY 10116»f212)989-9108

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Facts #B04 •!».(). Box 18523 • Irvine,CA 92623


the CURRENCY DEALER newsletter

the Greensheet a monthly report on the Currency Market published by the Coin Dealer Newsletter (est. 1963) -

Vol. XXXII

JUNE 2011

No. 6

Single copy price: $5.00

STRENGTH EVIDENT IN MARKET HERITAGE CSNS SALE STRONG

ACTIVITY . . .across the market by Kevin Foley

The Heritage Central States Numismatic Society official auction saw a Sears catalog sized presentation by the Dallas firm. Typical in size for the company, the sale was replete with any number of offerings the av¬ erage buyer might encounter only at highly irregular intervals, in some instances perhaps only once in a collecting lifetime. The company continued its recent pattern of sell-through rates rang¬ ing anywhere from more than satisfactory to borderline phenomenal. The

sell at that rate unless current price levels generate considerable competi¬ tive demand.

SMALL SIZE TYPE NOTES While the Small Size Type sell-through rate of 86% in Rosemont was the least robust of the various specialty areas, it remains one that indi¬ cates a healthy level of underlying demand. At the higher end of the mar¬ ket, Heritage offered two lots of $5,000 1934 Federal Reserve Notes, one selling just under the low end of its estimate range at $92,000 and the other just surpassing the high end at $80,500. Items consistently selling at prices in this range in the Small Size Type arena indicate the presence of affluent buyers, giving the potential for future increases in overall price levels here. Also certainly worth mentioning was the offering of a set of five $500 1934C Specimens. These seldom encountered items were esti¬ mated at $20,000-$25,000 and just surpassed the high end of that range, with Bidding concluding at $25,300.

small foreign offering experienced 89% of the lots offered sold; Obsoletes 96%; Confederates 91%; Nationals 95%; Small Size Type 86% and Large Size Type 98%. Such sell-through rates confirm that the expectations of sellers, as expressed either in pre-sale reserves or a willingness to see their lots sold without any reserve protection at all, are very much in balance with collective buyer opinions and expectations as to current levels. Such sell-through rates for Obsolete Notes, and especially for National Bank Notes, collected as they are largely on the basis of geographic area spe¬ cialization, especially demonstrate the presence of a growing purchaser base to support current levels. The Central States convention took place as the market moved to¬ ward what may or may not be a temporary peak in the recent rush to precious metals, with Silver prices rising roughly 50% in the 6-7 weeks leading up to the convention, only to pull back later during the four day schedule of bourse activity. The rise in precious metals prices and strong demand on the part of the public to engage in transactions, both buying and selling, have combined to inject additional profits and liquidity into the commercial numismatic community. Such profits will go somewhere in the months ahead. If past dealer behavior continues to be a reliable indicator of future conduct, the presence of such funds in the marketplace will likely translate to even stronger demand in the near to mid-term fu¬ ture. Dealers as a group tend to want to have inventory to sell rather than money sitting idly in the bank, especially given the current interest rate environment. This should translate to additional inventory building in the months ahead.

LARGE SIZE TYPE NOTES The Heritage Large Size Type section was highlighted by the offering

FRACTIONAL CURRENCY Demand for Fractional Currency continues to lag compared with oth¬ er specialty areas, as indicated by the smaller auction offerings appear¬ ing here of late. As prices continue to rise in other areas relative to those in effect for material of comparable quality and scarcity for Fractional Currency, it is likely that value conscious buyers will enter this field in increasing numbers and place upward pressure on prices.

NATIONAL BANK NOTES Given the highly geographically specialized collecting interests of this specialty area, the 95% sell-through rate achieved in the Heritage CSNS sale merits special mention. A relatively small handful of serious buyers typically constitute the market for any given state. Imbalances between consignor and Bidder expectations can quickly become quite evident given this thinness of demand. The Rosemont sale included an impres¬ sive array of scarce items, in fact, so many as to cause a casual observer to wonder by what mechanism such a wealth of really challenging to acquire items can be offered at the same venue. Worthy of particular mention was the two-Note set of Kidder Na¬ tional Gold Bank specimens, one $50 and one $100. Estimated at $75,000$100,000, it sold for $74,750, indicating once again that the days of ap¬ parent bargains for higher priced material in the Paper Money arena are likely coming to an end. Also selling strongly was a $2 Boston Lazy Deuce issued by the Central National Bank. With closely trimmed margins and a PMG grade of About Uncirculated 50, it sold for $32,200 against an es¬ timate of $30,000-$50,000. Overall, however, the most significant fact here was the 95% sell-through rate.

of a five Note denomination Type set of 1914 Federal Reserve Note Red Seals from San Francisco, each bearing Serial Number One. Selling indi¬

MISCELLANEOUS

vidually for a total of $638,250, all the individual Notes surpassed their es¬ timates by impressive margins. Indeed, it seemed that as a general pattern

evidenced by the 96% sell-through rate. Two Utah Notes issued by the

throughout the auction, lots at the upper end of the price spectrum were more likely than lower priced material to meet or surpass their estimates,

California Salt Lake Mail Line sold strongly for $34,500 and $14,950, in¬ dicating a continuation of especially strong demand levels from the his¬

indicative of the growing presence of serious money to potentially fuel

tory conscious buyers in this sub-market. As with the National Bank Note

future demand driven price increases. Large Size Type has always tended

area, however, the single fact pointing most reliably toward a strong mar¬

to be the most expensive area to collect, as even a casual perusal of the

ket base was the impressively high sell-through rate.

Strong demand for Obsoletes in Rosemont at the Heritage sale was

Heritage prices realized, displaying a multiplicity of four and five-figure results, will confirm. Given that fact, the 98% sell-through rate achieved

Guest commentary provided by Kevin Foley, P.O. Box 573, Milwaukee, WI 53201, kfoley2@wi.rr.com, Phone (414) 421-3484

in this area bears particular notice and attention. Material simply doesn t

The

Greensheet

reports the national currency market on a monthly basis.


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MUDHAihe CURRENCY HEALER ■the GreensheeC

lieXVSlet ter

Reprint oi any part of any issue without permission is expressly forbidden by law. IXfCUTIVI DIRECTOR MARKET ANALYST

Pauline Mitadin Stuart Segan

PUBLISHER & EDITOR CIRCULATION & ADVERTISING

to CX'WLV 7 l»fc \UfcR NkNbSLfc II UK reports the national sunemy market no a monthly ba»u Under the present system, it n H*1' "htc to nmniior ail ir*n**.iH«o* or otters to buy and sell, but the broad information sources of the Newsletter make it a very accurate 4m.uuo .4 the market IT* price* in the Newsletter arc from dealer-dealer transactions *os*-i'ptuat flairs I year Ut. I yearv$7l| Advertising Rales 135 per column inch Advertising space is limited, ads will be placed in to Currency Under Newsletter. I. SPS «WM|i published monthly by CDN Inc . IH807 Crenshaw Place. Torrance. CA 90504 5923 Peri lu.ats postage pan! at Tomncc. CA. POSTMASTER Send address changes to the Currency Dealer Newsletter. P O Box 11099. Torrance.

1890 and 1891 Treasury Notes

.lht cnmhM"

newsletter

Torrance, CA 90504-7939 Phone- (310) 515-7169 www.cdnpublications.corn • cdn@greysheet.com □ Please start sending me the Monthly CURRENCY DEALER NEWSLETTER

□ 1 Year $44.00

Shane Downing Betty Morris

the CURRENCY DEALER

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p.o. 8ox7<»i9

□ 2 Years $78.00

Name Address City, State & Zip Company & Phone

■-

was able to successfully execute the offensive against the Confederates during the attack on Atlanta in 1864. During that campaign, McPherson, in an attempt to meet with one of his corps commanders while accompanied by one of his adjutant assistants, rode astray during an attempted ambush and encountered a small unit of Confederate infantrymen. The Confederates ordered McPherson to surrender, but McPherson, in an abrupt about-face move of defiance, attempted

Understandably, American Civil War history has been integrally associated with many facets of numismatics. As a consequence of the Confederacy's defeat, its Banknotes featuring portraitures of men such as "Stonewall" Jackson, Jefferson Davis, and John C. Calhoun were respectfully, but purposefully, to escape and was mortally shot in the back. Thus, he became the highest ranking replaced by Federal issued Gold and Silver Certificates and Legal Tender Notes Union officer to die in combat. depicting portraits of Grant, Hamilton, Lincoln, and others recognized for their The Fr. 353, Fr. 354, and Fr. 355 of the 1890 Series Notes depicting McPherson efforts in building and preserving our Union as a nation. on their obverses are very scarce in all grades. PCGS Currency and PMG (Paper It wasn't until 1890 that the U.S. Congress authorized the issuance of Money Guaranty) graded a total of only 161 specimens of the 1890 Series Notes, Treasury Notes for circulation. Also referred to as "Coin Notes," they were ranging in grades from AG-2 to Gem Uncirculated-66 (six in this grade with issued specifically for the purpose of providing the Secretary of the Treasury Exceptional Paper Quality designation by PMG and one with Premium Paper a means of payment for the purchase of either Gold or Silver bullion to be Quality accrediting by PCGS). Two of the highest graded Fr. 353 Notes have used as reserve backing for our Paper Currency. The Treasury Notes of this recently sold at auction through period were also redeemable for coins made of either Heritage Auction Galleries. A PMG pY'Trvi»rr.zrj,r l ■' yum metal, unlike the certificates that restricted the bearer to graded Gem-66 EPQ, sold in January redeeming them for coins made of only one specified of 2008 during the late period of the metal. Both the 1890 "Ornate Back," or "Fancy Back," so-called "Paper Money craze," and a and 1891 Series "Open Back" Notes were issued in PCGS graded Gem-66 PPQ, touted as denominations of $1, $2, $5, $10, $20, $100, and $1,000, the finest known, sold in June of 2010, while the $50 denomination was for $63,250 and $51,750, respectively. later issued as strictly an 1891 The least common variety of Series Note. This Note and the this denomination, the Fr. 354, $100 and $1,000 denomination featuring the Rosecrans - Nebeker Notes of both Series were issued in signature combination, also with such extremely limited quantities, large brown seal, has a combined however, that they are now so total certification count of only 25 rare, even unknown - as is the case specimens ranging in grades VG-8 for the 1890 series $100 and $1,000 to Gem-65 PPQ, the highest grade (a.k.a. "Watermelon") Notes and, assigned to only two specimens especially, a unique Proof only certified by PCGS. A PCGS graded 1891 Series $500 denomination Choice-63 PPQ Note of this variety so as to be unavailable. By the time the first run of these sold during another Heritage session Notes was prepared for issuance in 1890, however, in September of 2008 for $57,500. there already had been a fair amount of documentation Less scarce, but equally desirable studies and research undertaken revealing details and and somewhat more affordable, are facts relating to all major military participants in the the 1891 series "Open Back" Notes, bloody conflict that had ended just 25 years earlier. The all with small red seals on their obverses and with less intricately detailed, more $2, $5, and $10 denominated Notes of both series should be of particular interest plain space background area on their reverses, referenced as Fr. 356, Fr. 357, to any Civil War history buff as these Notes provide portraiture tributes to three and Fr. 358. The Fr. 357, featuring the Tillman - Morgan signature combination, prominent but lesser-known figures who contributed heroically and selflessly to is by far the most common of these three Notes with a combined total of 276 the Union cause. This commentary will focus on the $2 Notes. specimens certified. Beautifully preserved. Gem quality specimens are available. Some of the finest of these Notes have recently sold at auction for prices well in excess of $10,000 each; however, Very-Fine to Extra-Fine quality specimens may (featuring Major General James B. McPherson) still be acquired for under $2,000.

$2 Series 1890 and 1891 Treasury Notes

A native of Ohio, McPherson served during the early stages of the war as a chief advisor in the Army Corps of Engineers, providing much of the logistical planning that enabled then Brigadier General Ulysses S. Grant to successfully attack and capture Forts Donelson and Henry in Western Tennessee. McPherson eventually assumed command of the Army of the Tennessee and became a highly regarded tactician under the command of General William Tecumseh Sherman, who depended heavily on McPherson's extensive experience as a military engineer and familiarity with top staff members of the enemy's leadership. It was under much of McPherson's advice as a tactician that Sherman

Superb Crisp Gem Crisp pry Choice Crisp Choice Crisp Crisp Almost

For the entire 1891 Series, a rather small total of 415 Notes of this denomination have been certified by both grading services, ranging in grades from AG-3 to a single Ultra Superb Gem-68 EPQ (a Fr. 356 graded by PMG). $2 Treasury Notes of either Series have an allure to them that fascinate both Banknote collectors and collectors of Civil War memorabilia. This cross-over appeal provides a collector the pride-of-ownership of an unusual and historic U.S. monetary item not often seen, as well as a tributary reference to a highranking military hero who made the ultimate sacrifice through a most tragic fate.

GRADING

Sight-Seen wholesale prices are for accurately graded Notes - Certified or Raw.

Uncirculated-67 Uncirculated-65 Uncirculated-64 Uncirculated-63 Uncirculated-60 Uncirculated-50 Extra Fine-40 Very Fine-20 Fine-12 Very Good-8

A nearly flawless Note with perfect centering. Full wide margins all around. Colors are totally bright, crisp and vibrant. Quality is outstanding. An almost perfect Note. Better than average margins. No aging or fading. A bright Note that's slightly below Gem quality. Margins and color are above average. A Note that may have slight centering problems. A nice new Note but not quite Gem. Centering may be a little off. May show some aging or light counting smudges or wrinkles. No trace of circulation. Can have centering problems, pin holes, counting smudges, wrinkles, close margins, or a corner lip fold (not into design). (Almost new) These will be much the same as a "new" Note except for a single fold or several corner folds. Circulated; may have some folds; still has some crispness. Some circulation; may show several folds and will have lost some of its crispness and color. Well-circulated with little crispness remaining; edges may be rough. Will be fairly well-soiled; may be significantly worn; might have roughness around the edges with only minute problems.

Use of the Fricdbcrg numbering system is by license granted by the Coin and Currency Institute, Inc. Publishers of Paper Money of the United States, P.O. Box 1057, Clifton, N.J. 07014


rUNE 2011 SERIES DENOMINATION Continental Connecticut W/Hole Connecticut No Hole Delaware Georgia Maryland Massachusetts W/Hole Massachusetts No Hole New Hampshire W/Hole New Hampshire No Hole New Jersey New York North Carolina Pennsylvania Rhode Island South Carolina Vermont Virginia

the CURRENCY DEALER NEWSLETTER CONTINENTAL & COLONIAL CURRENCY FRIEDBERG FINE 12 VG 8 NUMBERS BID ASK BID ASK cc CT CT DE GA MD MA MA NH NH NJ NY NC PA RI sc VT VA

1-102 1-240 1-240 1-92 1-131 1-138 1-289 1-289 1-185 1-185 1-218 1-237 1-215 1-272 1-301 1-192 1-8 1-225

50 37 55 60 280 45 33 95 185 650 60 60 65 48 53 95 6,750 85

FR FR FR

1-5 6-10 11-15

1,250 2,350 20,000

57 42 65 70 315 50 36 105 200 700 67 67 75 53 58 105 7,500 95

BID

PAGE 3

VF 20 XF 40 AU 50 CU 60 CHCU63 1 VCH CU 64 1 GEM CU 65 1 SUP CU 67 1 ASK ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID

63 43 70 70 340 55 35 110 205 775 68 80 85 51 55 135 8,500 115

70 48 80 80 375 60 38 120 225 850 74 88 95 56 60 155 9,500 125

90 46 84 85 360 70 43 130 230 1,000 85 105 90 55 62 185 13,500 125

1,400 1,800 2,600 5,000 22,000 40,000

2,000 5,500 44,000

3,400 11,000 82,500

100 50 93 95 400 80 47 145 250 1,100 95 115 100 60 70 205 15,000 135

105 115 56 50 120 130 115 130 650 700 95 105 56 61 170 190 275 300 1,500 1,350 100 110 135 150 135 150 78 84 70 80 250 275 19,000 21,000 180 200

140 57 140 140 925 155 63 210 315 1,775 130 165 185 100 80 275

155 65 150 155 1,000 170 68 230 350 1,950 140 180 200 110 88 300

210 80 180 180 1,850 260 80 260 575 2,400 160 205 230 130 100 355

230 88 200 200 2,050 285 88 285 625 2,650 175 225 250 140 110 385

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275 90 260 230 2,500 305 100 310 635

305 100 285 255 2,750 340 no 345 700

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315 120 300 275 2,750 340 125 400 1,050

345 130 330 300 3,000 375 135 440 1,150

400 145 325 400 3,750 420 175 750

435 160 355 450 4,125 460 190 825

800 340 1,000 1,000

880 375 1,100 1,100

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Al Al Al

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Al Al Al

A. Al Al

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IV IV IV

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190 320 240 165 110 385

210 350 260 180 120 415

230 340 255 205 165 410

250 375 280 225 180 450

365 400 340 225 210 450

400 440 375 245 230 485

725 1,075 450 400 370 890

800 1,175 550 440 410 975

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420

550

600

750

825

1,050

1,150

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33,000 43,000 35,000 44,000 135K 140K

48,000 50,000 49,000 55,000 155K 170K

55,000 65,000 60,000 70,000 190K 185K

75,000 80,000 205K

85,000 110K 235K

95,000 120K 260K

Al Al A,

Al Al Al

1

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2,300 5,850 2,850 7,600 14,500

4,600 8,000 5,500 17,500 16.500

5,000 15,000 8,800 17,500 8,500 6,000 19,000 25,000 18.000 32.500

Al IV IV

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DEMAND NOTES 1 1861 $5 I 1861 $10 | 1861 $20

3,700 15,000 12,000 23,000 90,000 115K

16,500 30,000 25,000 32,000 125K 125K

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U.S. NOTES CLEGAL TENDER] 1862 $1 1862 $2 1862-3 $5 1862-3 $10 1862-3 $20 1862-3 $50 1862-3 $100 1869 $1 1869 $2 1869 $5 1869 $10 1869 $20 1869 $50 1869 $100 1874 $1 1874 $2 1874 $50 1875 $1 1875 $2 1875 $5 1875 $10 1875 $20 1875 $50 1875 $100 1878 $1 1878 $2 1878 $5 1878 $10 1878 $20 1878 $50 1878 $100

1880 $100 la. seal

1917 $1

1Q73 $10

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16-17 41 61-63 93-95 124-126 148-150 165-167 18 42 64 96 127 151 168 19 43 152 20-26 44-47 65-68 97-98 128 153 169-170 27 48-49 69 99 129 154 171 28-30 31-33 34-35 50-52 53-54 55-56 70-72 73-78 79-82 100-102 103-109 110-113 130-139 140-145 146-147 155-161 162-164 172-178 179-182 114-122 83-92 36-39 57-60 40 123

FR FR FR FR

190 191 192 193

145 160 260 320 460 290 370 395 335 480 540 850 1.375 1,750 1.250 6,000 6,600 13,000 14,000 27,500 12,500 375 210 230 375 525 345 195 385 180 340 585 375 1,650 1,200 1,100 7,000 17,000 6,450 7,600 14,000 6,800 145 95 105 205 185 325 2,500 2,750 4,500 80 100 73 165 180 330 150 115 105 950 525 475 575 975 525 135K 185K 125K 6,000 13,000 5,500 80 90 115 160 145 305 105 115 175 575 310 340 515 600 465 2,450 2,700 4,200 4,600 7,500 4,200 140 100 90 330 425 300 110 95 85 90 100 120 675 625 925 115 90 100 105 150 95 87 97 150 105 82 90 235 400 215 365 240 220 230 350 210 365 300 275 250 320 225 205 275 185 1,800 3,250 1,650 1,700 2,375 1.550 4,300 7.250 3.900 3,500 6,000 3 200 440 515 400 70 120 65 60 50 45 + 55 65 50 90 115 80 ♦ 1,000 475 525

285 500 430 925 1,950 14,500 30,000 405 575 415 640 1,800 19,000 15,500 160 355 5,000 110 360 165 1,050 1,075 205K 14,500 125 335 195 625 660 4,600 8,500 155 465 120 130 1,025 125 165 165 115 435 400 380 400 350 300 3,550 - 2,600 8.000 6,600 565 130 65 + 70 125 1,100

435 900 525 1,300 3.250 27,500 45,000 575 1,150 700 850 3,200 35,500 24,500 250 575 5,750 160 510 275 1,650 1,375 225K 24,000 200 475 330 750 850 7,500 12,500 200 685 180 210 1,575 145 285 300 130 575 650 450 550 365 365 5,000 2,850 15.000 11,500 650 140 70 70 135 2.700

475 975 575 1,425 3.550 30,000 50,000 625 1,275 825 925 3,500 39,000 27,000 275 625 6,300 180 560 300 1,800 1,500 250K 26,500 220 525 365 850 925 8,250 13,750 220 750 200 230 1,750 160 310 330 145 625 710 500 600 400 405 5,500 3,150 16,500 12,500 715 150 75 75 150 3.000

740 1,950 825 2,400 5.250 45,000 60,000 1,450 2,800 1,250 1,475 4,750 65,000 40,000 525 1,050 7,400 335 750 425 1,950 2,000 300K 36,000 340 625 500 1,200 1,150 12,500 17,500 330 1,225 265 375 3,800 235 485 475 240 825 850 800 1,150 800 725 6,500 6,400 28.000 23,500 1,900 300 105 120 265 4.250

815 2,150 900 2,600 5.750 50,000 70,000 1,600 3,100 1,375 1,650 5,250 71,000 44,000 575 1,150 8,100 360 825 475 2,150 2,200 325K 40,000 375 675 550 1,300 1,250 14,000 19,500 365 1,350 290 410 4,200 260 535 525 265 900 950 875 1,250 875 800 7,100 7,000 31.000 26,000 2,075 325 115 130 290 4.650

1,075 2,550 1,150 2,750 7,000 85,000 85,000 1,950 3,850 1,950 2,200 7,750 90,000 70,000 750 1,275 10,500 550 1,000 525 2,500 2,400 325K 55,000 575 800 650 1,850 1,650 20,000 24,000 525 1,850 420 550 5,000 400 600 550 325 1.200 1,200 1,050 1,500 1,050 1,000 8,750 8,500 43.500 28,500 2,550 340 135 170 375 5.800

1,175 2,800 1,250 3,000 7,750 93,000 95,000 2,150 4,250 2,150 2,400 8,500 100K 77,000 825 1,375 11,500 600 1,100 575 2,750 2,650 350K 65,000 625 880 710 2,050 1,800 22,000 26,500 575 2,050 460 600 5,500 440 675 600 360 1,325 1,300 1,150 1,650 1,150 1,100 9,500 9,300 47,500 31,000 2,800 370 150 185 410 6,350

1,400 2,900 1,175 3,200 8,250 110K 95,000 2,350 4,400 2,100 3,250 10,250 100K 80,000 975 1,450 19,000 685 1,225 750 3,000 2,750 375K 65,000 640 1,125 950 3,050 1,950 25,000 26,500 600 2,300 625 700 5,750 750 775 700 500 1.450 1,350 1,350 1,700 1,400 1,150 10,100 10,000 55.000 34,500 3,450 385 170 230 500 6,750

1,550 3,200 1,275 3,500 9.000 120K 105K 2,600 4,800 2,300 3,550 11,250 110K 88,000 1,075 1,600 21,000 750 1,350 825 3,300 3,000 405K 75,000 700 1,225 1,050 3,350 2,150 27,500 29,000 650 2,550 685 775 6,250 825 850 775 550 1,600 1,500 1,500 1,850 1,550 1,250 11,100 11,000 60.000 37,500 3,800 425 190 250 550 7.500

1,800 2,000 2,100 3,500 3,800 5,300 1,925 2,125 2,600 4,750 5,250 7,000 10.000 11.000 13.000 225K 250K AIAIIV 145K 155K 175K 2,450 2,700 5,000 5,200 5,700 7,900 2,450 3,600 2,250 3,950 - 4,300 5,250 13,750 15,000 20,000 145K 160K 130K 120K 130K 140K 1,275 1,375 1,850 1,700 1,875 2,300 35,000 v-‘ .. 60,000 775 850 820 1,550 1,700 1,950 1,000 1,100 1,050 5.750 6,250 7.700 3,500 3,850 4,450 400K 440K 425K 80,000 80,000 70,000 850 925 1.050 1,450 1,600 1,850 1,150 1,250 1,450 4,300 5,750 3,900 2,600 2,850 2,750 44,000 62,500 40,000 35,500 37,500 32,500 690 675 630 3,200 3,750 2.900 875 800 900 875 1,300 800 8,300 9,200 13,500 900 900 825 950 825 900 1,000 900 925 575 525 575 1,800 2.000 1.650 1,550 1,700 1,700 1,500 1,650 1,600 2,075 2,000 1,875 1,750 1,950 1,600 1,650 1,700 1,500 15,000 14,750 13,750 13,750 15,000 16,250 70.000 77.000 75,000 45,000 50,000 41.000 4,000 4,400 4,850 490 440 400 200 180 200 290 315 265 640 625 585 8,650 10,100 7,900

195K 5,500 8,700 3,850 5,750 21,850 175K 155K 2,050 2,550 66,000 900 2,150 1,150 8,500 4,850 475K 90,000 1.150 2,025 1,600 6,300 3.050 70,000 42,500 750 4,100 975 1,425 15,000 1.000 1,050 1,000 625 2.200 1,850 1,725 2,200 2,150 1,850 16,000 17,750 82.000 55,000 5,250 540 220 345 685 11100

Al Al Al

230K 210K 8,000 7,300 13,500 15.000 4,750 4,350 11,000 10,000 37,000 34,000 195K 215K 175K 190K 2,750 2,500 4,250 4,650 90,000 100K 1,450 1,350 3,000 2,700 1,800 1,950 16.000 17,500 7,350 8,050 550K 500K 110K 100K 1.800 1,675 3,750 3,450 2,000 2,200 9,500 8,500 4,150 3,750 105K 95,000 60,000 55,000 1,100 1,200 6,000 5,500 1,100 1,000 2,300 2,100 33,000 30,000 1,425 1,300 2,750 2,500 1,500 1,375 1,150 1,250 3,750 3,400 3,000 2,750 2,750 2,500 3,850 4,250 3,850 3,500 3,200 2,900 27,500 25,000 22,000 20,000 1U5K 95.000 77,000 70,000 6,600 - 7,250 640 700 375 415 460 500 920 850 12 600 ^1^800

Al Al Al

16,500 19,500 9,250 27,500 35.500 Al Al Al

Al A. Al

A. Al Al

20,000 28,750 8,500 20,000 62,500

22,000 32,000 9,250 22,000 68,500

Al Al Al

Al Al Al

225K 5,500 8,000 145K 3,000 4,500 4,250 23,500 13,500

250K 6,000 8,800 155K 3,250 4,900 4,650 26,000 15,000

A* Al Al

Al Al Al

Al Al A.

A, Al Al

4,250 7,250 4,300 19,500 11,000

4,650 8,000 4,700 21,500 12,000

Al Al A,

A, Al Al

Al Al Al

A, A, Al

3,150 20,000 2,750 4,200 60,000 3,400 4,200 3,300 2,200 6,500 6,500 4,300 10,000 6,750 4,500 40,000 35,000

3,450 22,000 3,000 4,600 66,000 3,700 4,600 3,600 2,450 7.150 7,150 4,750 11,000 7,400 5,000 45,000 38,000

Al A, Al Al A. Al

Al Al Al

15,500 1,800 1.175 1,700 2,750 253KX)

16,500 1,950 1.275 1,875 3,000

COMPOUND INTEREST TREASURY NOTES ■ lOUJ

U4* * lu

I 1863-64 $20 1 1863-64 $50 1 1863-64 $100

1,50 1,650 13,000 22,500

1,650 2,600 1,800 3.000 14,500 27,000 25,000 40,000

2,850 6,500 3,350 13,500 45,000 30,000 44,000 70,000

7,100 11,750 15,000 27,000 50,000 65,000 77,000 90,000

13,000 30,000 70,000 100K

21,000 35,000 75,000 95,000

23,000 30,000 38,000 39,500 82,000 80,000 105K 105K

33,000 50,000 43,000 60,000 88,000 90,000 120K 115K

55,000 55,000 65,000 65,000 100K 95,000 125K ^^^35K

60,000 70,000 70,000 80,000 115K 105K

77,000 88,000 125K

Al Al A,

Al Al A. ■

A. Al Al

Al Al A.

Al Al Al

Al A, Al ■

A^^l

A^^l

INTEREST BEARING NOTES 6,000 16,000 14,500 25,000

18,000 24,500 27,500 | 40,000

27,000 31,000 44,000 157,500

34,000 65,000 1

REFUNDING CERTIFICATES 2,450 1

3,650

4.000 1 5.750

6.250 I 6.500

SILVER CERTIFICATES 1880 $20 1880 $50

FR FR

-290 309-312 325-329

1886 $1 1886 $2 1886 $5

FR FR FR

215-221 240-244 259-265

1886 $20 1891 $1 1891 $2

FR FR FR

313-316 222-223 245-246

1891 $10 1891 $20 1891 $50

FR FR FR

298-301 317-322 330-335

1896 $1 1896 $2 1896 $5

FR FR FR

224-225 247-248 268-270

1899 $1 date below 1899 $1 date right 1899 $2 iQQQtc

FR 226A-229 FR 230-236 FR 249-258 FR 271-281

1908 $10 1923 $1

FR FR

302-304 237-239

2,000 3,850 5,250 130 240 635 475 1,275 140 210 245 185 485 1,250 4.100

2,200 4,250 5.750 145 265 700 525 1,375 150 230 270 205 535 1,375 4,500

100

no

315 575 90 55 55 88 300 255 20 480

345 625 100 60 60 95 330 280 22 525 ■

2,600 2,850 1,800 6,750 7,350 3,200 3,500 22,000 24,000 8,500 9,500 27,500 14,000 15,500 25.000 300 330 250 + 275 600 650 450 500 1,950 2,100 1,025 1,150 1.775 1.950 800 900 5,500 6,000 3,000 3,300 315 345 180 200 625 675 330 360 675 750 350 385 775 850 425 465 1,050 1,150 825 900 3,250 3,550 1,850 2,000 20,000 7,000 7,700 18 000 275 300 250 275 750 825 500 550 1,725 1,900 600 675 115 125 105 115! 110 120 92 100 95 105 85 95 180 200 155 170 450 500 375 425 675 740 410 450 33 36 25 28 850 950 500 550

4,500 10,000 46,000 60,000 500 1,275 4,350 3.800 14,500 500 1,500 1.200 1,350 2,600 5,800 30.000 685 2,500 4,250 210 175 165 340 1,000 1,150 50 1.800

4,950 11,150 50,000 70,000 550 1,375 4,750 4.150 16,000 550 1,650 1.325 1,475 2,850 6,300 33.000 750 2,750 4,600 230 195 180 370 1,100 1,250 55 2,000

6,000 22,000 70,000 120K 1,050 1,800 6,500 6.000 32,000 650 2,150 1.700 1,850 3,500 7,200 55.000 1,000 3,800 6,300 240 205 205 635 1,600 1,500 57 2,350

6,500 24,000 77,000 135K 1,150 2,000 7,100 6,500 36,000 725 2,350 1.850 2,000 3,800 7.900 62,500 1,100 4,100 6,900 265 225 225 700 1,750 1,650 62 2,550

6,650 28,500 110K 175K 1.300 2,000 7,200 7.300 50,000 1,000 2,750 2.550 2,800 4,750 8,500 75.000 1,700 4,150 7,200 335 285 285 800 ' 1.950 1,950 70 2,900

7,300 32,500 120K 195K 1,450 2,200 7,900 8,000 55,000 1,100 3,000 2.800 3,100 5,250 9,500 85.000 1,850 4,550 7,900 365 315 315 875 2,100 2,150 78 3,150

8,300 38,500 125K 200K 1,375 2,100 9.500 9.500 55,000 1,100 3,100 3.000 3,150 5,750 11,000 95000 1,950 4,300 8,600 475 400 320 825 2.100 2,650 80 3,100

9,100 42,500 135K 220K 1,500 2,300 10,500 10.500 60,000 1,200 3,400 3.300 3,450 6,250 12,000 105K 2,150 4,700 9,400 525 440 350 900 2,300 2,900 90 3,400

35,000 80,000 300K

38,000 87,000 330K

5,825 50,000 47.500

6,325 55,000 52,500

4,800 15,500 12,000

5,200 17,000 13,000

17,250 25,000 160K

19,000 47,000 27,500 55,000 200K 175K

52,000 60,000 220K

5,000 10,000 750 500 400 1,150 2,950

5,800 13,000 825

6,300 16,000 14,250 20,000 2,500 900

17,500 22,000 2.750

520 1,435 4,500

570 1,575 4,950

1,225 3,500 9,200

1,375 3,800 10,000

100 4 175

125 5,800

135 6,350

440 15,000

485 16,500

8,750 12,000 8,000 17,000 20,500 42,500 1,275 900 3,250 2,875 3,200 2,550 4,400 3,950 13,250 17,000

13,000 18.500 46.500 1,375 3,575 3,500 4,800 18,500

23.500 28.500 62.500 2,750 6,250 6,800 11,000 37,500

25.500 31,000 68.500 3,000 7,000 7,500 12,000 41,000

10,500 44,000 140K 240K 1,975 2,200 12,000 14.000 62,500 1,200 3,850 3.250 4,150 8,800 15,000 120K

11,500 48,500 155K 265K 2,175 2,400 13,500 15.500 70,000 1,300 4,200 3,550 4,550 9,600 16,500 130K

18,500 60,000 225K 300K 2,250 3,500 16,000 27.500 87,500 1,650 7.500 5.500

20,500 65,000 250K 330K 2,475 3,850 17,250 30,000 97,500 1,800 8,250 6.000

4,500 9,000 675 450 365 1,050 2,700 90 3,775

rREAS URY NI □TES CDR COI INI NOTIES

1890 1890 1890 1890 1890 1891 1891 1891 1891 1891

$1 $2 $5 $10 $20 $1 $2 $5 $10 $20

FR FR FR FR FR FR FR FR FR

353-355 359-361 366-368 372-374 350-352 356-358 362-365 369-371 375

325 220 475 1,450 90 200 215 275 1,600

350 240 525 1,600 100 220 235 305 1,750

725 375 750 2,750 140 385 335 525 2,400

800 415 825 3,025 155 425 370 575 2,700

1,350 850 1,300 5,000 210 700 600 875 3,450

1,500 925 1,450 5,500 230 775 650 950 3,750

3,450 1,500 2.700 7,000 420 1,150 825 1,275 5,950

3,750 6,300 1,650 3,500 3,000 3,400 7,750 10,000 650 460 1,250 1,800 1,200 900 1,500 1,400 6,500 6,750

7,000 3,850 3,750 11,000 700 1,950 1,325 1,650 7,500

www.cdnpublications.com

7,000 3,700 3,850 11,750 770 2,100 1,425 2,150 7,600

7,800 4,050 4,250 12,750 850 2,300 1,575 2,350 8,300

8.500 5,000 5.500 15,000 800 2,375 2,100 3,000 10,000

9.500 5.500 8,000 6,000 7,250 16,500 18,500 825 875 2,550 2,650 2.300 2,350 3.300 3,600 11,000 12,000


IAS I Cl IAN Cl to Consign to the Auction Event of 2011! Stack's Bowers Galleries is Official Auctioneer of the ANA/PNG Pre-show and World's Fair of Money AUGUST 12-20, 2011 • CHICAGO, ILLINOIS Consign Alongside These Amazing Notes and Hundreds More!

Plymouth, Massachusetts. Old Colony Bank.

Great Salt Lake City, Utah Territory.

Fr. 269.1896 $5 Silver Certificate.

ND (18xx). $100. Proof. Extremely Fine.

Deseret Currency Association.

PMG Gem Uncirculated 66 EPQ.

21.9.1858. S3. Fine. ®/Art*

Arrtti //yh/Oi/fr/ /// s/rr

iiHusury/Nyihil Shilis. ■ yy/v:

v.-w.'i.s-wt

smnnSite y/i/Zt /* //., Z/tftrt < // //> /tr/i/u/

ith*JJ±hJO£lAr.jj.S. 359?

jaOEEBaipiSSBL..

Fr. 347.1890 $1 Treasury Note.

Fr. 355.1890 $2 Treasury Note.

Fr. 1216b. 1882 $500 Gold Certificate.

PMG Gem Uncirculated 66 EPQ.

PMG Gem Uncirculated 66 EPQ.

PCGS Choice About New 55.

Fr. 1922-K*\ 1995 $1 Federal Reserve Star

Fr. 2221-G. 1934 $5,000 Federal

Fr. 2231-G. 1934 $10,000 Federal Reserve

Note. PCGS Gem New 66 PPQ.

Reserve Note. PCGS About New 50.

Note. PMG Choice Extremely Fine 45.

S/N K00000001 ★.

Consign to the Auction Event of the Year! Consign U.S. Lots by June 20, 2011 Call one of our currency consignment specialists to discuss opportunities for upcoming auctions. They will be happy to assist you every step of the way.

800.458.4646 West Coast Office

800.566.2580 East Coast Office

18061 Fitch, Irvine, CA 92614 • 949.253.0916 JtaeJtt Jk Sowetb

info@stacksbowers.com • www.stacksbowers.com

^

California • New York • Newr England •

GALLERIES A Spectrum Group International Company

SBG CDNGS ANACurrHls 5.27.11

Hong Kong


UNE 2011

PAGE 4

the CURRENCY DEALER NEWSLETTER NATIONAL BANK NOTES

CCDIPC

DENOMINATION

VG 8 FINE 12 FRIEDBERG ASK BID ASK NUMBERS BID

BID

VF 20 XF 40 AU 50 CU 60 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 1 ASK I ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID

1st ISSUE Original $1 rays 1875 $1 scallops Original $2 rays

FR FR FR

380-382 383-386 387-389

400 425 2,050

450 465 2,250

665 600 2,650

730 660 2,875

800 925 4,200

4,600

1875 $2 scallops Original $5 rays 1875 $5 scallops Original $10 rays

FR FR FR FR

390-393 394-399 401-408 409-414

2,650 925 800

2,900 1,025 875

3,100 1,050 900 1,350

3,400 1,150 975 1,475

3,750 1,375 1,250 1,700

1875 $10 scallops Original $20 rays 1875 $20 scallops

FR FR FR

416-423 424-429 431-439

1,150 -

1,250 2,450 1,900

Original $50 rays 1875 $50 scallops Original $100 rays 1875 $100 scallops

FR FR FR FR

440-443 444-451 452-455 456-463

1,000 1,000

1,100 1,100 2,100

1,900 1,675

1,825

2,200

1,725

11,000 11,000

12,000 12,000 12,000 12,000

13,000 13,000

14,250 14,250 14,250 14,250

1,375 1,375 5,450

1,500 1,500 5,950

1,850 1,850 7,000

2,050 2,050 7,600

2,300 2,450 7,750

2,525 2,750 8,450

2,950 2,950 9,000

3,250 3,300 3,250 3,300 9,800 10,500

3,600 3,600 11,500

4,750 4,750 14,500

5,250 5,250 16,000

4,025 1,525 1,375 1,850

5,450

5,950

7,850 3,250 3,250 4,350

8.550 3.550 3,550 4,750

9,100 3,750 3,750 4,900

9,900 4,100 4,100 5,400

12,000

4,650 4,450

6,000

5,000 4,850 6,600

16,500 6.500 6,350 7.500

18,500 7,100 7,000

2,450

7,600 2,850 2,850 3,400

11,000

2,250

7,000 2,600 2,600 3,100

1,500 2,550 2,250

1,650 2,800 2,475

2,150 3,100 3,100

2,350 3,400 3,400

3,000 4,200 4,200

3,300 4,600 4,600

4,150 5,300 5,300

4,550 5,800 5,800

4,600

6,000 6,000

5,000 6,600 6,600

5,850 6,700 6,700

6,350 7,300 7,300

8,000 9,100 9,100

10,000 10,000

~~~

E

13,000 13,000 15,750 15,750

13,000 13,000 15,250 15,250

14,250 14,250 16,750 16,750

14,000 14,000 17,500 17,500

15,500 15.500 19.500 19,500

18,050 18,050 26,100 26,100

20,000 20,000

20,050 20,050 28,500 28,500 28,500 28,050

22,000 22,000

22,550 22,550 31,500 34,400 31,500 34,400

25,000 25,000 38,000 38,000

24,500 24.500 38.500 38,500

27,000 27,000 42,500 42,500

28,700 28,700 48,500 48,500

31,000 31,000 52,500 52,500

~~~

~~~

750 850 1,150

825 1,025 925 1,200 1,250 1,900 6,600 7,000 8,800 11,250

1,100

875

1,000

2,000 2,000

2,200 2,200

SECOND CHARTER-1 st ISSUE (BROWN BACK) 1882 $5 FR 466-478 1882 $10 FR 479-492 1882 $20 FR 493-506 1882 $50 FR 507-513 1882 $100 FR 519-531

320 325 425 3,300 3,750 -

350 350 465 3,600 4.100

340 340 450 3,650 3,800 -

375 375 500 4,000 4,175

440 460 700 4,150 5,000

480 500 775 4,550 5,500

SECOND CHARTER-2nd ISSUE (DATE BACK) 1882 $5 FR 532-538 1882 $10 FR 539-548 1882 $20 FR 549-557 1882 $50 FR 558-565 1882 $100 FR 566-572

290 350 625 3,500 5,100

320 385 675 3,800 5,600

350 450 680 3,700 5,500

385 500 740 4,000

375 525 725 4,500 6,700

410 575 800 4,950 7,300

1,100

1,200

4,700 7,900

5,150 8,700

SECOND CHARTER-3rd ISSUE (VALUE BACK) 1882 $5 FR 573-575 1882 $10 FR 576-579 1882 $20 FR 580-585 1882 $50 FR 586 1882 $100 FR 586 A

425 410 600 37,500 70,000

660 700

1,100

THIRD CHARTER-1 st ISSUE 1902 $5 red seal 1902 $10 red seal 1902 $20 red seal 1902 $50 red seal 1902 $100 red seal

FR FR FR FR FR

587-589 613-615 639-641 664-666

686-688

465 550 450 500 625 675 42,000 45,000 80,000 80,000

345 400 475 4,500 5,300

375 440 525 5,000 5,800

THIRD CHARTER-2nd ISSUE (DATE BACK) 590-597 1902 $5 blue seal FR 616-623 1902 $10 blue seal FR 642-649 1902 $20 blue seal FR 667-674 1902 $50 blue seal FR 689-697 1902 $100 blue seal FR

100 110

110 120

115 625 950

130 675 1,050

THIRD CHARTER-3rd ISSUE 1902 $5 blue seal 1902 $10 blue seal 1902 $20 blue seal 1902 $50 blue seal 1902 $100 blue seal

FR FR FR FR FR

598-612 624-638 650-663 675-685 698-707

75 75 85 525 875

85 85 95 575 950

708-746 747-780 781-809

.5

1918 $2 1915/18 $5

FR FR FR

1915/18 $10 1915/18 $20 1Q1R $60

FR FR FR

810-821 822-830 831

6,000

6,000 8,000 700 800

365 430 500 4.750 5.750

400 475 550 5,250 6,400

485 550 650 5,000

6,000

525 600 725 5,500 6,600

750 1,150 1,500 5,750 7,000

825 1.250 1,650 6.250 7,700

120 120

130 130 140 700 1,400

175 175 155 750 1,650 -

195 195 165 825 1,800

275 280 280 1,900 2,850

300 310 310

120 120

130 130 140 825 1,375

200 220

130 640 1,275 -

110 110 120

100 100 110 580 1,050

630 1,150

125 750 1,250

235 1,475 2,300

11,000

1,300 1,450 1,800 2,050 70,000 75,000

600 650 925 55,000

1,650 60,000 65,000

1,050 1,225 1,900 6,750

925

600 550 700 50,000 90,000

1,000

850

770 875

1,200

2,100

3,150

220 240 260 1,600 2,550

1,325

2,100

1,175 1,825 2,350

11,000

13,500

15,000

1,150 1,350

1.500 1,600

1,650 1,750 2,150 10.500 14.500

2,100

2,000

7,300

9.500 13,000

1,800 1,450 2,050 1,600 2,700 2,250 82,000 90,000

1,100

1,550 1,875 7,000 8,500

1.700 2,050 7.700 9,300

1,425 1,800 2,400 9,000 10,500

410 400 425 2,600 3,500

450 440 465 2.850 3.850

230 275 320

250 300 355 2,300 2,750

2,500

2,750 12,500 16,000

10,000

12,000

1,250

2,200

2,600

7,700 12,500

1,000

2,100

1,275

2,000

1,650

2,200 2,375

11,000 14,000

~~~

8,200 8,875

3,000 1,825 - 2,000 1,725 4,750 2,650 2,400 2,550 7,500 4,350 4,000 3,450 25,000 33,000 16,500 22,500 35,000 26,500 20,000 24,000

3,350 5,200 8,300 36,000 38,500

1,800 1,725 2,400 2,500 2,575 2,500 12,500 13,500 16,000 16,000

1,900 2,750 2,700 15,000 18,000

2,075 3,600 2,850

3,000 3,650

3,350 4,050

20,000

20,000 22,000

2.400 2,600 3.400

2,650 2.900 3,750

3,100 2,950 4,250

3,400 3,250 4,650

4,850 5,500

5,300

1,775 1,750 2,300 2,600 2,850 3,000 11,500 12,000 13,750 13,500

1,900 2,850 3,250 13,500 15,000

1,950 3,050 5,500 15.500 18.500

2,150 3,350

3,100

3,400

1,500 1,750 1,900

2,100

2,000

2,200

2,250 3,000 100K

2,300 3,100 100K

2,500 3,400 110K

1,600

8,800

1,350 1,575 2,425 2,300 3,000 3,150 13,500 15,000 18,000 18,000

2,000

1,575

8,000

1,925 3,250 2,650 18,000

6,000

2,000

2,100

2,650

11,500

2,600 10.500 12.500

500 435 500 3,600 4,900

550 475 550 3,950 5,300

550 460 550 3,900 5,000

600 500 600 4,250 5,500

630 635 640 4.200 5.200

680 690 700 4,650 5,700

825 850 900 6,300 7,000

315 365 400 2,500 3,200

345 400 435 2,750 3,500

375 410 480 440 565 515 3,000 2,700 3^450 ^^3T50

475 460 550 3,750 3,650

520 500 610 4,100 4,000

525 600 725 5,400

1,200 1,275 1,350

1,350 1,400 1,500

6^00

575 650 800 5,900 6,600

300 1,700 1,050

330 1,850 1,150

750 2,300 1,525

825 2,500 1,675

1,275 5,500 3,600

1,400 6,000 4,000

6,600 6,400 10,000 11,000 29,500 32,000

7,000 12,000 35,000

8,000 17,850 39,000

8,750 21,000 20,000 32,000 43,000 52,500

23,000 35,000 57,500

5,750 2,850 1,000 435 5,700 30,000 1,275 500

6,350 1,100 33,000 1,400 33,000 1,950 120K 8,500

10,000

6,000

17,000 20,500 925 950

1,000

1,650 1,950

6,900

8,000

FEDERAL RESERVE BANK NOTES 85 360 250

95 400 275

120 630 420

1,600 2,700 9,600

2,800 4,900 13,750

185 1,050 550

205 1,150 600

210 1,250 850

3,100 4,000 5,400 7,000 15,250 21,000

4,350 7,700 23,000

4,200 7,400 22.500

130 685 460

230 1,375 950

295 1,450 925

200 110

60 220 120

65 250 185

72 275 200

685 950 3,000

750 1,050 3,300

1,000 1,575 6,100

1,100 1,700 6,700

120 36 155 40 +

130 40 170 44

140 57 210 60

155 62 230 65

275 75 410 65

300 82 450 70

580 85 850 105

630 92 925 115

950 105 1,350 120

1,050 115 1,500 130

1,400 140 1,950 150

1,550 155 2,150 165

1,475 160 2,250 195

475 85 2,400 220

1.250 150 4.250 510

1,375 165 4,650 560

1,800 180

2,000 200 6,600 750

2,600 220 6,900 900

2,850 240 7,400 1,000

3,800 300 9,000 1,550

+

1,450 2,500 8,800

6,000 4,600 9,000 8,200 27,000 25,000

320 1,600 1,025

FEDERAL RESERVE NOTES 1914 $5 blue seal 1914 $10 red 1914 $10 blue

FR FR FR

844-891 892-903 904-951

1914 1914 1914 1914

$20 $20 $50 $50

red blue red blue

FR 952-963 FR 964-1011 FR 1012-1023 FR 1024-1071

180 50 750

325 75 1,300 150

355 82 1,425 165

435 80 2,200

110

200 55 825 120

1914 1914 1918 iqir

$100 red $100 blue $500 blue tt nonhlue

FR 1072-1083 FR 1084-1131 FR 1132 FR 1133

800 265 2,900 3.100

900 285 3.200 3,400

1,375 360 6,300 7,100

1,500 385 6,900 7,800

2,100 400 12,000 15,000

200

2,300 • 4,350 950 440 13,500 17,000 24,000 16,500

6,000

675

4,750 6,000 1,050 1,150 19,000 20,000 26,500 29,500

7,000 6,600 1,550 1,250 22,000 22,000 32,500 33,000

7,700 10,000 1,800 1,700 24,500 28,000 36,000 42,000

1,600 175 2,500 215

1,900 240 2,500 240

4,100 4,500 375 330 10,000 15,000 1,700 1,675 11,000 25,000 2,000 2,100 31,000 35,000 46,500 75,000

2,100 265 2,750 265

2,600 395 5,200 460 9,000 675 50,000 2,200

10,000 750 55,000 2,400

30,000 1,750 110K 7,500

30,000 45,000 3,000 2,300 40,000 50,000 85,000

50,000 3,300 57,500 100K

110K 120K 6,850 7,500 70,000 80,000 125I<135K

5,000 425 16,500 1,850

NATIONAL GOLD I3ANK 1MOTES 1870-75 $10 1870 75 $20

FR 1142-1151 FR 1152-1159

3,700 12,500

1870-75 $50

FR 1160-1161

175K 200K

FR 1188-1197 FR 1201-1214

365 775 490 900

5,500 12,000 11,000 35,000 35,000 67,500 300K 225K 350K 275K

2,500 4,200 10,000 14,000 32,500 200K 195K 250K 225K

13,250 35,000 38,000 45,000 74,000 85,000 400K 335K 450K 400K

38,500 45,000 50,000 55,000 95,000 95,000 440K 500K

450K 500K

50,000 55,000 60,000 65,000 110K 105K 500K 550K

500K 550K

60,000 65,000 75,000 75,000 130K 120K 550K 550K 600K 600K

75,000 70,000 85,000 85,000 135K 140K 600K 600K 700K 650K

80,000 95,000 154K

75,000 95,000 150K

6S0K 800K

75UK 900K

7,350 10,500 7,600

8,100 8,800 11,500 15.500 8,300 8,900 22.000 27.500 1,475 1,825 1,375 1,825 6,000 6,800 1,125 900 1.500 1,250 4,500 6,300 5,000 6.500

9,700 13,750 17,000 32.500 9,600 18.500 30,000 45,000 5,000 2,000 2,600 2,000 7,300 22,500 2,300 1,225

1882 $50 1882 $100

435

1,100

600 1,600

-

475 1,200 650 1,750

1,000 1,575

1,100

3,650

68

105 95 425 75

160 145 425 120

175 160 465 135

240 165 575 145

90 325 485

100 355 520

130 365 625

145 400 685

230 + 460 735

4,300 9,750 6,000 10,500

10,750 11,500

95

1906 $20 1907 $10 1913 $50

FR 1181-1186 FR 1167-1172 FR 1198-1199

1922 $20 1922 $50

FR FR

1187 1200

1922 $500

FR 1216-1217

3,900 5.450

88

385

18,500 18,500

1,100 1,725 1,200 4,025

3,850 4,700 2,650 8,000

265 180 625 160

575 445 2,500 300

4,250 4,900 5,100 6,300 2,900 4,900 8,750 11,500 900 625 700 485 3,100 2,750 525 325

250 500 800

450 1,475 2,150

500 1,625 2,350

20,500 20,500

35,000 44,000

5,400 1 6,000 8,000 6,900 6,400 5,400 14,500 12,500 1,250 1,000 975 775 3,900 3,400 725 575

6,500 8,700 7,000 16,000

20,000

1,375 1,075 4,300 800

1,325 1,250 5,500 825

1,050 3,200 3,950

1,150 4,100 4,600

725 2,250 2,750

800 2,450 3,050

950 2,900 3,600

38,500 48,000 48,000 70,000

53,000 80,000

80,000 95,000

90,000 90,000 105K 105K

U.S. FRACTIONAL CURRENCY FIRST ISSUE (1862-63) 5 cent perforated edges 5 cent straight edges 10 cent perforated edges 10 cent straight edges

100K 1 125K 1 at (V N 1

ai ni M

«v rv ew

70,000 50,000 105K

77,000 55,000 115K

5,500 8.250 2,850 25,000 60,000 5.250 2,550

9,250 65,000 5,750

3,350 16,000 27,500 17,500 34,000

30,000 37,500

155K

170K

850K 1 MIL

■■■

GOLD CERTIFICATES 400 850 540 1.000

85,000 90,000 115K 105K 165K M m ru

100K 115K

100K 115K

1,650 7,000 7,100

3,050 14,500 16,000

110K 125K

125K

15,000 35,000 20,000 50,000

135K

1


fiz:

r‘iff

$

j:.' V»

SERGIO SANCHEZ JR. CURRENCY U.S. LARGE SIZE NOTES SPECIALIST BUY • SELL • EXPERT APPRAISALS

LARGE SELECTION OF: US Notes, Treasury Notes, Silver Certificates, Gold Certificates, Nationals, Confederates, Colonials, & Obsoletes SMALL AND LARGE SIZE U.S. CURRENCY Paying TOP DOLLAR for your US Type Notes P.O. BOX 44-2809 • MIAMI, FL. 33144-2809

TEL: (305) 567-1515 • FAX: (305) 567-1898 E-mail: seraio@sanchezcurrenoy.oom

www.sanchezcurrency.conn PCDA-SPMC-ANA Member

i!

j|i |

ODv

t -aJBuOflp ,,r*» iw.n


UNE2011 SERIES DENOMINATION 50 50 50 50 50

cent Justice—red back cent Justice—red back; fiber cent Justice—auto. cent Justice—green back cent Justice—grn.back; fiber

the CURRENCY DEALER NEWSLETTER

PAGE 5

1

U.S. FRACTIONAL CURRENCY continued

FRIEDBERG VG 8 FINE 12 VF 20 XF 40 AU 50 CU 60 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 NUMBERS BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK ASK BID ASK BID FR 1343-1350 37.00 40.00 52.00 57.00 65.00 155.00 290.00 55.00 55.00 48.00 52.00 57.00 75.00

72.00 125.00 320.00 475.00 60.00 120.00 57.00 110.00 82.00 190.00

135.00 525.00 130.00 120.00 210.00

150 600 175 140 215

165 675 190 150 235

225 1,025 260 205 425

250 1,125 285 225 465

320 1,300 400 275 775

355 1,425 440 300 850

435 2,000 440 385 1,000

475 2,200 480 425 1,100

800 2,900 725 625 1,750

875 3,200 800 675 1,900

1,400 5.500 1,350 1.500 4.500

1,550 6,500 1,500 1,650 5,500

23.00 65.00 22.00

25.00 70.00 24.00

27 70 28

29 80 31

35 80 40

38 90 44

58 100 70

63 110 77

75 135 100

80 150 110

140 210 190

150 230 210

450 1,000 475

500 1,100 525

93.00 33.00 28.00

140.00 42.00 35.00

155.00 46.00 38.00

260 75 48

285 82 52

550 24-0 100

600 265 110

800 300 130

875 325 140

1,300 550 290

1,450 600 320

2,375 900 700

2,600 1,000 775

23.00 20.00 19.00 23.00

26.00 23.00 22.50 27.00

28.00 25.00 25.00 29.00

36 26 30 36

40 28 33 40

75 46 44 55

80 50 48 60

80 50 55 60

90 55 60 65

135 72 65 115

145 80 72 125

350 200 350 380

400 220 385 430

FR FR FR FR

1357 1355-1356 1358-1369 1370-1373

75.00 40.00 36.00 41.00

85.00 140.00 45.00 50.00 40.00 43.00 45.00 52.00

10 cent 15 cent 25 cent

FR FR FR

1257-1261 1267-1271 1301-1307

13.50 40.00 14.00

15.00 44.00 15.50

17.00 44.00 16.00

19.00 47.00 17.50

19.00 45.00 16.50

21.00 48.00 18.00

50 cent Lincoln 50 cent Stanton 50 cent Dexter

FR FR FR

1374-1375 1376 1379

45.00 18.50 18.50

50.00 20.00 20.00

70.00 22.50 21.50

75.00 24.50 23.50

85.00 30.00 26.00

FR FR FR FR

1264 1265-1266 1308-1309 1380-1381

14.00 13.50 14.00 18.50

15.50 15.00 15.50 20.00

18.00 16.00 16.00 20.00

20.00 17.50 17.50 22.00

21.00 18.00 17.50 21.00

FOURTH ISSUE (1869-75)

FIFTH ISSUE (1874-76)

10 10 25 50

cent green seal cent red seal cent cent

375 410 100 110 80 88 — 55 33 38 50

60 36 42 55

U.S. FRACTIONAL CURRENCY PROOF ANO SPECIMEN NOTES I SERIES 1 DENOMINATION

NARROW MARGIN WIDE MARGIN FRIEDBERG CU 60 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 CU 60 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 1 NUMBERS BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASKl

FIRST ISSUE

5 cent face 5 cent back 10 cent face 10 cent back

FR FR FR FR

1231 1231 1243 1243

40 35 40 31

44 38 44 34

70 55 60 40

80 60 65 44

85 65 70 45

95 70 80 50

125 80 90 60

140 90 100 65

210 115 250 190

235 125 275 210

85 75 105 65

95 85 115 70

120 95 145 105

130 105 160 115

195 160 220 155

215 175 240 170

345 275 355 265

380 300 385 290

525 435 550 475

575 475 600 525

25 25 50 50

FR FR FR FR

1282 1282 1313 1313

42 30 62 42

46 33 67 46

73 47 77 70

80 53 85 77

100 55 90 80

110 60 100 88

150 70 155 100

165 77 170 no

205 105 290 295

225 115 320 325

115 100 165 105

125 110 180 115

125 160 180 135

135 175 200 150

180 185 230 175

200 200 255 190

335 290 330 320

365 320 360 350

600 590 625 615

650 640 690 665

5 cent face 5 cent back 10 cent face 10 cent back

FR FR FR FR

1232 1232 1244 1244

44 30 43 26

48 33 47 28

73 53 65 45

80 58 70 50

90 65 85 55

100 72 95 60

125 85 120 70

135 95 130 77

175 125 185 115

195 135 205 125

90 80 100 90

100 90 no 100

160 130 145 135

175 145 160 150

195 185 170 160

210 200 185 175

250 220 225 220

275 240 245 240

400 380 400 350

440 420 440 385

25 25 50 50

FR FR FR FR

1283 1283 1314 1314

47 35 47 40

53 38 53 44

65 58 65 57

70 63 70 62

88 65 90 73

95 70 100 80

135 90 150 100

145 100 165 no

200 135 300 190

220 150 330 210

145 120 140 135

160 130 155 145

160 145 210 170

175 160 230 185

205 170 290 215

225 185 320 235

285 230 415 315

310 255 455 345

525 350 650 600

575 385 715 660

3 cent face light 3 cent face dark 3 cent back

FR 1226 FR 1227 FR 1226-1227

70 35 26

77 40 28

95 60 40

115 75 50

165 100 70

180 no 77

IV IV IV

~

~

~ ~ ~

3,050 175 no

5,000 220 165

5,500 240 180

6,250 310 210

7,000 340 230

7,250 410 330

8,000 450 360

IV IV -V

r\t «v /v

2,750 160 100

AIAIA,

+

125 85 55

n, iv iv

+

105 65 44

A» IV t\l

+

5 cent face 5 cent back red 5 cent back green

FR 1236-1238 FR 1236 FR 1238

42 40 28

+

46 45 31

58 75 45

+

63 85 50

70 85 68

+

77 95 75

115 120 95

125 130 105

210 130 155

230 140 170

115 100 70

130 no 80

170 135 125

190 145 135

225 160 145

250 175 160

310 205 210

340 225 230

420 350 300

10 10 10 10 10

FR 1251 FR 1253 FR 1254 FR 1253-1254 FR 1255

50 68 170 50 35

55 74 185 55 38

60 85 210 80 65

65 95 230 90 70

80 100 225 95 85

88 110 250 105 93

120 130 270 120 125

130 140 295 130 13!?

AIIVM

225

250

150 170 5,250 155 120

160 210 6,000 160 140

175 230 6,650 175 155

270 295 7,000 240 215

300 325 7,700 260 235

NNN

180 255

135 155 4,750 140 no

IV IV /V

165 230

120 140 3,100 100 105

500 525

IV A) <V

no 130 2,800 90 95

450 475

IV A! IV

430 415

470 450

FR 1291-1294 FR 1291 FR 1294

75 45 33

85 50 36

100 70 58

110 80 63

110 80 65

120 90 70

135 95 75

150 105 82

165 130 115

180 145 125

no 95 73

120 105 80

140 125 105

155 135 115

170 160 128

185 175 140

285 245 170

320 265 185

440 425 340

480 465 375

IV IV IV

190 200 9,000 2,000

330 425 375 475 13,200 13,000 5,500 6,500

465 525 14,250 7,000

cent cent cent cent

face back face back

SECOND ISSUE

cent cent cent cent

face back face back

THIRD ISSUE

cent cent cent cent cent

face—printed Colby &. Spinner face—auto. Colby & Spinner face—auto. Jeffries & Spinner back red back green

25 cent face 25 cent back red 25 cent back green

+

~

-

575 500

f

625 550 465 385 330

SPINNER

1 50 50 50 50

cent cent cent cent

face—printed Colby & Spinner face—auto. Colby & Spinner face Allison & Spinner face Jeffries & Spinner

50 cent back red 50 cent back green 50 cent back green Ty. 2

1324 1328 1329 1330

75 110 1,800 90

82 95 120 125 2,000 2,600 100 140

105 135 2,850 155

110 150 3,000 165

120 140 165 200 3,300 4,400 225 180

155 220 4,850 250

IV Al IV

FR 1324-1330 FR 1331 FR 1339

65 65 1,900

85 70 85 70 2,100 2,200

95 95 2.400

100 100 2,650

110 135 135 no 2,900 3,750

145 145 4,100

250

275

IV IV IV

IV «l IV

~~~

~~~

IV IV IV

IV IV IV

"1 ni IV

IV IV IV

~~~ 140 115

~~~ 155 125

FR FR FR FR

350

400

IV IV IV

IV IV IV

~ ~

~

~

~ ~

260 210 220 300 10,000 11,000 2,200 4,300

285 300 330 340 12,000 12,000 4,750 5,000

570 600

620 660

IV IV IV

~ IV IV

~ ~ ~

~ ~ ~

135 135 2,950

145 145 3,250

165 150 3,550

180 165 3,850

220 190 4,500

245 210 4,900

350 275 5,800

385 420 315 400 6,300 9,300

465 440 10,300

130 250 2,150

145 275 2,350

210 285 4,300

230 310 4,750

270 370 5,000

295 400 5,500

400 500 6,500

440 550 7,000

l\l f\J fSJ

125 100

135 no

190 135

210 150

250 185

275 205

355 315

385 345

425 390

465 430

550 3,000 560 570

800 4,800 800 825

880 5,300 880 900

950 5,500 975 1,075

1,050 6,000 1,075 1,175

1,500 7,250 1,550 1,600

1,650 8,000 1,700 1,750

2,500 ~~~ 2,800 2,850

2,750 ~~~ 3,100 3,150

290 290

290 325

320 350

325 425

355 465

435 575

475 750 625 L050

825

JUSTICE

1343 1355 1357A

95 120 170

105 130 190

125 155 255

135 170 280

135 165 295

145 180 325

155 180 390

170 200 430

FR 1343-1357 FR 1358

44 43

48 47

73 65

80 70

80 70

88 77

100 90

no 100

275 340 2,150 2,600 280 350 290 370

370 2,850 380 400

600 3,700 500 535

650 875 4,000 4,900 700 550 585 750

950 5,400 770 825

205 220

260 260

1 50 cent face—printed Colby & Spinner FR 50 cent face—auto. Colby & Spinner FR FR 50 cent face Jeffries & Spinner 50 cent back red 50 cent back green

600 875

650 975

GRANT AND SHERMAN

1 15 15 15 15

cent cent cent cent

face—printed Colby & Spinner face—auto. Colby & Spinner face—auto. Jeffries & Spinner face—auto. Allison & Spinner

15 cent back green 15 cent back red

FR FR FR FR

1272 1273 1274 1275

250 1,950 260 265

FR 1272 FR 1273-1276

140 140

155 155

185 200

285 285

330 330

365 365

1,700

1,900

IV IV IV

'V'VIV

1,500 1,600

1,650 1,750

500 2,700 510 520

620 620

685 685

265 265

SMALL SIZE LEGAL TENDER NOTES SERIES DENOMINATION

FRIEDBERG NUMBERS

VG 8 BID ASK

FINE 12 BID ASK

BID

CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 CU 60 AU 50 XF 40 VF 20 ASK ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID

1928 1928 1928 1928

$1 $2 A J2 B $2

FR FR FR FR

1500 1501 1502 1503

70.00 7.50 8.75 25.00

75.00 8.50 9.75 27.00

75.00 8.00 12.00 45.00

82.00 9.00 13.00 50.00

115.00 9.00 19.00 95.00

125.00 10.00 21.00 105.00

145.00 10.50 38.00 225

160.00 11.50 42.00 250

180 15.00 60.00 300

200 16.50 70.00 330

200 40 70 475

220 44 80 525

220 45 150 600

240 50 160 665

280 ioo 250 1,000

305 no 275 1,100

325 145 565 1,550

355 160 615 1,700

1,000 575 1,450 3,575

1,100 625 1,600 3,875

1928 1928 1928 1928

C $2 D $2 E $2 F $2

FR FR FR FR

1504 1505 1506 1507

7.00 7.00 7.20 7.00

7.75 7.75 8.00 7.75

8.00 8.00 8.15 8.00

8.75 8.75 9.15 8.75

9.00 8.25 9.25 8.25

10.00 9.00 10.25 9.25

10.50 9.25 11.50 9.50

11.50 10.25 12.50 10.50

16.00 15.00 17.00 15.00

17.50 16.50 19.00 16.50

40 35 35 35

44 38 38 38

75 38 47 38

82 42 52 42

82 48 80 40

90 53 88 44

125 64 170 70

140 70 185 78

365 275 625 220

400 300 685 245

1928 1953 1953 1953

G J2 $2 A *2 B $2

FR FR FR FR

1508 1509 1510 1511

7.00 5.00 5.00 5.00

7.75 5.50 5.50 5.50

8.00 5.15 5.15 5.15

8.75 5.65 5.65 5.65

8.25 5.35 5.35 5.35

9.25 5.85 5.85 5.85

9.25 5.75 5.75 5.75

10.25 6.25 6.25 6.25

15.00 6.50 6.50 6.50

16.50 7.25 7.25 7.25

35 10.00 10.00 10.00

38 11.00 11.00 11.00

38 11.00 11.00 11.00

42 12.00 12.00 12.00

40 14.50 13.00 12.50

44 16.00 14.50 13.50

45 19.00 18.00 16.00

50 21.00 20.00 17.50

170 40 38 33

185 44 41 36

1953 1963 1963 1928

C$2 $2 A $2 $5

FR FR FR FR

1512 1513 1514 1525

5.00 5.00 5.00 9.75

5.50 5.50 5.50 10.75

5.15 5.15 5.15 12.00

5.65 5.65 5.65 13.00

5.35 5.35 5.35 14.50

5.85 5.85 5.85 16.00

5.75 5.75 5.75 19.00

6.25 6.25 6.25 21.00

6.50 6.50 6.50 25.00

7.25 7.25 7.25 27.50

10.00 8.00 8.00 40

11.00 8.75 8.75 44

11.00 8.50 8.50 45

12.00 9.25 9.25 50

12.50 10.50 10.50 50

13.50 11.50 11.50 55

17.00 15.00 15.00 95

18.50 16.50 16.50 105

37 27 37 290

40 30 40 320

1928 1928 1928 1928

A $5 B $5 C$5 D $5

FR FR FR FR

1526 1527 1528 1529

10.50 9.50 9.50 14.75

11.50 10.50 10.50 16.25

12.25 11.50 11.50 20.50

13.25 12.50 12.50 22.50

16.00 12.50 12.50 40.00

17.50 13.50 13.50 45.00

26.00 16.00 15.00 50.00

28.00 17.50 16.50 55.00

35.00 25.00 25.00 65.00

38.00 27.50 27.50 72.00

50 40 40 100

55 44 44 no

75 45 45 120

85 50 50 130

85 52 55 135

95 57 60 145

360 115 77 200

400 125 85 220

785 265 250 640

860 290 275 700

1928 1928 1953 1953

E $5 F $5 $5 A $5

FR FR FR FR

1530 1531 1532 1533

9.50 9.50 8.75 8.75

10.50 10.50 9.50 9.50

11.50 11.50 9.50 9.50

12.50 12.50 10.25 10.25

12.50 12.50 9.75 9.75

13.50 13.50 10.75 10.75

15.00 15.00 10.00 10.00

16.50 16.50 11.00 11.00

25.00 25.00 12.00 12.00

27.50 27.50 13.00 13.00

40.00 40.00 17.00 17.00

44.00 44.00 18.50 18.50

45.00 45.00 17.50 17.50

50.00 50.00 19.00 19.00

48.00 47.00 18.50 18.50

53.00 52.00 20.00 20.00

75.00 65.00 21.00 21.00

82.00 72.00 23.00 23.00

235 200 44 44

255 220 48 48

1953 B $5 1953 C $5 1963 $5

FR FR FR

1534 1535 1536

8.75 8.75 8.75

9.50 9.50 9.50

9.50 9.50 9.50

10.25 10.25 10.25

9.75 9.75 9.75

10.75 10.75 10.75

10.00 10.00 10.00

11.00 11.00 11.00

12.00 12.00 12.00

13.00 13.00 13.00

17.00 17.00 15.00

18.50 18.50 16.00

17.50 17.50 15.50

19.00 19.00 16.50

18.50 19.00 16.25

20.00 21.00 17.25

21.00 32.00 18.00

23.00 35.00 19.50

44 65 42

48 75 46

1966 $100 1966 A $100

FR FR

1550 1551

ioo 125

no 140

102 135

112 150

105 140

115 150

140 170

150 185

175 350

195 380

230 500

250 550

300 630

330 690

345 800

375 880

475 925

525 1,000

1,050 2,050

1,150 2,250

1600 1601 1602

20.00 20.00 20.00

22.00 22.00 22.00

48 47 57

53 52 62

64 58 75

70 65 82

230 210 250

255 230 275

+ + ♦ + + +

SMALL SIZE SILVER CERTIFICATES 1928 $1 1928 A $1 1928 B$1

FR FR FR

C$1 D$1 E$1 $1

FR FR FR FR

1603 1604 1605 1606

65.00 25.00 200.00 22.00

1935 $1 1935 A $1 1935 BS1

FR FR FR

1607 1608 1611

2.75 1.60 1.90

1928 1928 1928 1934

24.00 24.00 24.00

72.00 82.00 27.00 31.00 220.00 320.00 24.00 26.00 3.00 1.70 2.10

5.00 2.00 3.50

26.00 26.00 26.00

25.00 25.00 25.00

90.00 130.00 57.00 34.00 350.00 360.00 27.00 28.00 5.50 2.20 3.75

5.10 2.50 3.60

26.00 26.00 26.00

28.00 28.00 28.00

33 33 33

36 36 36

42 42 48

46 46 53

45 44 52

145.00 210.00 62.00 105.00 400.00 700.00 28.00 29.00

230.00 115.00 775.00 31.00

280 140 850 31

310 155 925 34

360 165 1,075 42

400 185 1,175 46

450 240 1,400 46

500 260 1,550 50

600 260 1,600 53

660 285 1,750 57

685 410 2,300 82

750 450 2,500 90

1,700 1,100 4,200 285

1,850 1,200 4,600 310

5.20 2.90 3.70

5.70 3.20 4.00

5.30 3.40 3.80

5.80 3.75 4.10

7.00 6.75 8.00

7.75 7.50 9.00

14.50 8.00 9 00

15.50 9.00 10.00

22.00 11.50 12 00

24.00 12.50 13.00

39.00 14.50 16.50

43.00 16.00 18.00

60 36

67 40

27.00 27.00 27.00

5.60 2.75

www.cdnpublications.com

501 48 57

-


iim; 2on

the CURRENCY DEALER NEWSLETTER SMALL SIZE SILVER CERTIFICATES continued

SERIES DENOMINATION

FRIEDBERG NUMBERS

nr

VG 8 UK BID

1*45 D *l 11 1*46 0 S 11 1*35 1 tl 1-m-* 1*45 1*45 !•*’ 19S7 1457

FR FR FR FR FR FR FR PR FR FR FR PR

G ft 1 G ~ilh MOTTO tl H ftl ftl A ftl B 11

1*44 »5

1*44 1<M4 1*44 1934 1*' 4

A 15 > Vi C ft5 D 15 »5 A 1963 B 15 1*0 ft 10 1*44 ftlO 1*44 A »H 1934 B 110 1934 C»10 1934 D 110 1963 S10 195J A »10

FR FR FR FR FR FR FR FR FR FR FR FR FR FR

1613 1613 loU

1.50 1 50 1 50

1616 1617 1616 1619 1620 1621 1650 1651 1652 1653 1654 1655 1656 1657 1700 1701 1702 1703 1704 1705

1 60 3 60 2.00 1 55 155 9.75 9.00 1060 9.00 9.00 8.50 8.50 8.50 1.850 26 23 35 24 27 39 40

1707

l 65 l 70 3 90 1 65 1 65 1 65 10.75 10.00 11 60 1000 10.00 9.50 9.50 9.50 2.100 28 25 38 26 29 43 44

CH CU 63 CU 60 AU 50 V F 20 XF 40 FINE 12 ASK BID ask ASK BID ASK BID ASK BID BID ASK BID 1.80 1 80 1.80 1 80 3.25 3 90 3.50 l 65 1.65 1 65 10.35 9.30 11.25 9.25 9 25 9.25 9.25 9.25 2,850 29 24 50 26 29 42 42

1 95 1.95 1 95 3.50 4 20 3.80 1 75 1 75 1.75 11.35 10.30 12 25 10.25 10.25 10.25 10.25 10.25 3,100 32 26 55 28 32 46 46

2.00 2 00 2 00 3.75 4.00 3.60 1.85 1.85 1 85 10.45 10 10 11.35 9.70 9.70 9.50 9.50 9.50 4.150 32 26 105 28 32 43 45

2.20 2.20 2.20 4.00 4.30 3.90 2.05 2.05 2.05 11 45 11.10 12.35 10.70 10.70 10.50 10.50 10.50 4.550 35 28 115 30 35 47 50

2 35 2.35 2.35 2.35 3 80 4 10 3.70 2.25 2.25 2.25 10.65 10.20 11.45 10.10 10.10 10.00 10.00 10.00 5.250 37

2.60 2.60 2.60 4.05 4.45 4.00 2.50 2.50 2.50 11.65 11.20 12.45 11.10 11.10 11.00 11.00 11.00 5,750 40 38 330 37 38 50 60

35 300 34 35 45 55

u3.10 3.10 3.10 3.85 4 20 3.80 3.10 3.10 3.10 14.00 12.50 15.00 13.00 12.50 13.00 12.50 12.50 6,750 45 43 525 43 43 55 80

3 35 3.35 3.35 3.35 4.10 4.55 4.10 3.35 3.35 3 45 15.50 13.50 16.00 14.00 13.50 14.50 13.50 13.50 7,350 50 47 575 47 47 60 90 60

625 600 600 600 7 25 22.00 725 5.00 5.50 5.50 17.00 16.00 18.50 16.00 16.00 15.00 14.00 14.00 7,500 75 77 1,000 70 80 72 105 75

6.75 6.50 6.50 6 50 8.00 24 00 800 5.50 6.25 6.25 18 50 17.50 20.00 17 50 17 50 16.50 15.00 15.00 8.250 80 85 1,100 80 90 80 115 82

725 6.50 6.50 6 50 8.25 24.00 8.25 6.25 6.25 6.25 22.00 18.00 23.00 17 50 17.50 17.00 16.00 16.00 8,000 80 105 1,550 80 88 78 185 82

GEM CU 65

VCH CU 64 J3ID

14 00 1000 11 00 16 00 1000 1 ) »<! 10 00 900 10.00 13 80 9 00 10.00 1J 80 9 00 1700 10 25 925 28 50 38 00 26 00 111 U.I 11 00 19 00 8.50 10.50 7.50 8.50 1000 7.50 10.00 7.50 8 50 33.00 36 00 60 00 40 00 25.00 27 00 40.00 68 00 36.00 42.00 22.00 20.00 22.00 42.00 20.00 20.00 25.00 18 00 19.00 24 00 17.00 19.00 17.00 24.00 17,250 20,000 15,750 100 125 90 ♦ 190 290 170 3,300 2,200 2,000 95 128 88 105 170 95 88 95 105 300 265 240 140 120

8 25 7.50 9.00 26 00 900 7.00 7.00 700 24.00 20.00 25.00 19.00 19.00 18.50 17.50 17.50 8,750 88 115 1.700 88 95 85 200 90

SUP CU 67 A' F

AbK, J3IU 15 00 17 50 14 00 14 80 28 00 14 80 28 00 28 00 14 80 18 00 13 00 43 00 11000 21 00 32 00 15 00 11.50 11.00 17 00 17 00 11.00 65 00 100 00 44.00 loo oo 75 00 250 00 46 00 115.00 46.00 85 00 27 00 39 00 26 00 39 00 26 00 39.00 22,000 31,500 ♦ 140 460 320 550 3,600 7.250 138 280 185 450 115 475 330 650 150

I

17 00 11 00 il 00

)i oo 16 00 120 00 35 00 16 50 18 50 18 50 110 00 275 00 125 00 95 00 4300 43 00 43 00 14 500 500 600 8 000 300 500 525 700

R&S EXPERIMENTAL SILVER CERTIFICATES

[ Uli

A ’S' 11_FR

1610

_55

60

67

73

75_85

85_95

120 110_120

130 145 125_135

200 220 195_215

365 300

400 325

500 -17 '

550 52 ■<

1,325 1,300

1,4751 1,450 |

145 145 130 160 185 190 425 650 700 750

160 160 145 175 205 210 475 700 775 825

165 175 170 220 190 255 500 800 725 1,000

180 190 185 240 205 275 550 900 800 1,100

310 325 325 325 685

95 115 115 185 225

105 125 125 200 250

185 200 200 475 575

205 215 220 520 625

475 500 550 1,100 1,550

525 550 600 1,200 1,700

85 75 95 270 285 2,300 4,200 115K 265K 27 35 40 95 145 1,650 3,100 100K 80,000 16 27 30 80 145

95 80 105 300 310 2,525 4,600 125K 290K 30 38 44

140 140 165 330 425 3,500 5,500 155K 345K 38 52 53 125 . 260 2,100 4,050 135K 115K

200 200 300 525 800 8,000 15,500 185K

220 220 330 575 900 8,800 17,000 200K

~ Al IV

Al Al Al

105 160 1,800 3,400 110K 90,000 18 30 33 90 155

125 125 150 300 385 3,250 5,000 140K 315K 35 47 48 115 240

100 475 400 420 1,350 685

no 525 440 460 1,500 750

SMALL SIZE NATIONAL BANK NOTES 1929 Tv 2 35 1929 Ty 1 310 1929 TV 2 310 1 2 1 2 1 2

820 320 350 350 3100 3100

FR FR FR FR FR FR FR FR FR

1800-02 1801-01 1801-02 1802-01 1802-02 1803-01 1803-02 1804-01 1804-02

1929 1929 1929 1929 1929 1929

TV Ty. TV TV Ty. Ty.

1929 1929 1929 1929 1929

$5 110 120 150 3100

FR FR FR FR FR

1860 1870 1880 1890

1928 1928 1928 1928 1928 1928 1928 1928 1928 1934 1934 1934 1934 1934 1934 1934 1934 1934 1950 1950 1950 1950 1950

$5 no ft20 ft 50 ft 100 ft 500 $1,000 $5,000 $10,000 $5 S10 $20 $50 noo $500 S 1.000 $5,000 $10,000 $5 no $20 $50 noo

FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR

1950 2000 2050 2100 2150 2200 2210 2220 2230 1955 2004 2054 2102 2152 2201 2211 2221 2231 1961 2010 2059 2107 2157

30 30 30 35 37 145 275 320 400

35 35 35 40 42 160 300 350 440

44 44 38 42 42 50 170 315 360 450

40 35 37 38 45 155 285 330 410

48 42 45 53 55 175 310 340 420

55 46 50 58 65 190 340 375 460

85 80 80 90 95 325 430 415 480

75 70 70 80 85 300 400 375 440

90 105 105 105 no 120 385 465 480 575

95 95 95 100 no 350 425 440 525

120 100 115 105 145 170 365 500 500 600

145 120 135 125 200 200 450 625 600 735

130 110 125 115 180 180 410 575 550 675

130 110 125 115 160 190 400 550 550 650

340 370 350 350 750

IV Al IV

Al Al Al

A. A. Al

A, Al A,

1,500

1,650

IV Al Al

Al Al Al

SMALL SIZE FEDERAL RESERVE BANK NOTES

.

39 23 27 70 110

43 25 30 77 120

44 26 36 82 150

40 24 33 75 135

43 26 38 80 140

47 28 42 88 155

45 30 43 85 165

50 33 47 93 180

48 45 53 105 185

52 50 58 115 200

68 70 85 155 195

75 77 93 170 215

90 95 100 175 220

82 88 90 160 200

SMALL SIZE FEDERAL RESERVE NOTES 40.00 44.00 42.00 22.00 24.00 24.00 31.00 30.00 28.00 68.00 75.00 75.00 110 120 125 700 775 750 1,450 1,600 1,700 22,000 28,000 20,000 35,000 40,000 40,000 11.00 10.15 10.00 14.00 13.00 13.10 21.50 22.50 21.75 60 56 55 105 110 106 700 750 750 1,600 1,275 - 1,375 20,000 22.000 27,500 32,500 35,000 37,500 ~ r*

IV A# Al

IV IV IV

46.00 26.00 33.00 85.00 135 825 1,875 37,500 44,000 11.15 14.10 22.75 61 113 800 1,700 37,500 42,000 MIVU

55.00 26.00 31.00 80.00

60.00 28.00 34.00 90.00 145 135 1,000 1,100 1,850 - 2,000 45,000 55,000 60,000 70,000 10.25 11.25 13.20 14.20 21.85 23.00 64 58 108 115 775 850 1,850 1,700 40,000 50,000 42,500 47,000 IV IV IV

11.50

12.50

11.75

12.75

12.00

IV IV 16

IV «V IV

IV IV IV

IV IV IV

IV V Ml

IV IV fu

A IV IV

IV IV IV

IV IV IV

IV IV IV

•v a» a.

IV IV IV

IV IV IV

IV IV 1w

IV IV Al

60.00 65.00 70.00 30.00 33.00 33.00 32.00 35.00 35.00 95.00 115 105.00 145 155 155 1,200 1,350 1,450 2,750 2,900 2,500 51,000 61,000 56,000 100K 80,000 90,000 10.35 11.35 10.50 14.30 13.50 13.30 22.00 24.00 23.00 64 60 66 no 118 112 875 950 1,075 1,875 - 2,050 2,200 50,000 60,000 55,000 52,500 50,000 47,500 IV IV IV IV IV IV IV IV IV 7.00 13.25 14.00 13.00 12.25 <V IV IV IV IV IV IV IV IV 23.00 Ml Ml Ml IV IV IV IV Al IV 55.00 IV IV IV IV IV IV IV IV IV no

75.00 75 42 36.00 38.00 55 125 165 180 170 1,900 - 1,575 3,200 3,200 66,000 63 000 125K 110K 11.50 15 14.75 19 25.00 25 70 70 120 125 - 1,175 1,300 - 2,375 2,500 65,000 60,000 55,000 55,000 14 7.75 15.00 20 25.00 27 60.00 65 120 125

80 82 50 46 60 75 200 180 200 210 2,100 2,200 3.600 3,900 72,000 90,000 135K 190K 23 17 28 22 28 32 77 90 140 140 1,400 1,600 2,900 2,725 70,000 87,500 65,000 72,500 15 16 22 25 30 28 72 70 135 140

88 55 80 220 230 2,400 4,300 100K 210K 25 31 35 100 155 1,750 3,175 95,000 82,500 17 28 31! 80 150

1,900 3,700 125K 105K 19 37 35 115 150

22 ' 40 1 38 i 125 165

65 80 120 210 390 4,000 5,250 160K 150K 40 75 73 160 275

75 90 135 230 430 4,400 5,750 175K 165K 45 85 80 175 300

WORLD WAR 1 1 EMERGENCY ISSUES HAWAII 1935 A $1 1934 $5 1934 A $5 1934 A ft 10 1934 $20 1934 A $20 NORTH AFRICA (YELLOW SEAL) 1935 A ft 1 1934 A $5 1934 A $10 1934 no

FR FR FR FR FR FR

2300 2301 2302 2303 2304 2305

30 55 60 50 55 50

33 60 65 55 60 55

33 60 65 55 63 55

36 65 72 60 70 60

38 80 80 65 85 60

42 90 90 72 95 65

40 120 115 125 140 92

44 130 125 135 155 100

48 205 200 200 425 165

53 225 220 220 465 180

90 330 330 370 900 450

100 360 360 410 1,000 490

95 375 375 400 1,100 575

FR FR FR FR

2306 2307 2309 2308

31 32 32 900

34 35 35 1,000

50 44 42 1,600

54 48 46 1,750

52 50 46 2,950

57 55 50 3,250

55 62 65 6,000

60 68 70 6,500

63 90 no 8,000

70 100 120 8,800

90 150 160 10,000

100 165 175 11,000

no 165 180 16,500

FR FR FR FR FR FR

2400 2402 1404 2405 2407 -

70 80 185 300 2,250 4.750

77 88 205 330 2,450 5,250

105 405 405 435 1,200 635

125 900 700 1,000 2,600 1,700

135 1,000 775 1,100 2,850 1,850

365 2,500 2,400 2,500 5,750 4,550

400 2.750 2,650 2,750 6,250 5,000

120 135 180 190 200 235 18,000 20,000

145 235 210 365 255 435 22,000 25,000

255 925 400 1,600 1,425 475 27,500 37,500

1,025 1,750 1,575 42,500

465 575 500 725 2,300 3,050 5,350 6,750 31,000 40,000 44,000 50,000

625 950 1,300 800 3,350 4,500 7,550 18,500 43,000 70,000 55,000 75,000

3,000 1,050 4,450 1,450 5,000 11,500 20,500 75,000 150K 80,000 150K 85,000

3,300 4,850 12,500 85,000 165K 165K

SMALL SIZE GOLD CERTIFICATES 1928 1928 1928 1928 1928

$20 $50 noo $500 $1,000

85 85 205 375 5,600 7,400

95 95 225 410 6,100 8,100

90 100 275 525 8,500 12,000

100 180 110 200 300 800 1,400 575 9.250 17,000 13,000 20,000

200 275 220 260 875 1,125 1,525 1,950 18,500 19,000 22.000 25,500

305 310 285 390 1,225 1,500 2,150 2,800 21,000 23,500 28,000 30,000

340 425 430 450 1,650 2,100 3,100 4,750 25,500 27,500 33,000 40,000

UNCUT SHEETS OF SMALL SIZE CURRENCY SERIES DENOMINATION 1928 tl 1928 $2 H2* Vi 1983 12 1983 VS SILVER CERTIFICATES 192* $ 1

l*U ftl

l*U 15 • i 1! 1 *35 ft 1 1*61 $5 WW M EMERGENCY ISSUES • , > <5 N AFRICA $ i mAfwymAL currency ri* IS wt no

Number of FRIEDBERG NUMBERS Notes in sheet

CU 60 BID

CH CU 63 ASK BID

VCH CU 64 ASK

BID

ASK

BID

GEM CU 65 ASK

BID

SUP CU 67 ASK J

FR FR FR FR FR

1500 1501-1508 1525-1531 1509 1532

12 12 12 18 18

8,000 800 900 675 1,000

10,000 875 1,100 750 1,150

15,000 1,200 1,220 850 1,300

18,000 1,300 1,350 950 1,450

17,000 1,500 2,000 1,250 1,650

20.000 1,650 2,200 1,375 1,850

20,000 2,250 2.400 1,850 2,700

23.500 2,500 2,650 2,050 3,000

FR PR FR FR FR FR FR FR

1600-1605 1606 1650-1654 1701 1607-1613 1613-1614 1655 1706

12 12 12 12 12 18 18 18

1,500 2,100 785 2,600 700 700 900 3,000

1,700 2,300 860 2,900 775 775 1,000 3,300

2,200 3,000 1,250 3,800 850 1,000 1,350 4,200

2,500 3,300 1,375 4.200 950 1,100 1,500 4.600

2,500 3,400 1,500 4,500 1,150 1.300 1,550 5,200

2,750 3,750 1,650 4.950 1,275 1,450 1,750 5,700

3,000 4.800 1,950 6.000 1,350 1,700 2.650 6,500

3,400 5,300 2,150 6.600 1,500 1.850 2,900 7,200

FR FR

2300 2306

12 12

3.200 5,250

3,500 5,750

5,000 8,000

5,500

6,500 9,350

7,200 10,350

11,000 18,500

12 non 20,500

15,000

16,760

FR FR FR

1*00 1*01

6 6 6 6

500 550 625 3,000

560 610 675 3,300

575 625 675

625 675 725

600 660 700 3,500

650 700 775 4,000

650 675 750 i 000

700 725 825 .1 500

A* A* *»

A«« A At %

IV IV IV 3,000 3.700 2,600 3,900

Al Al Al

5,000

5,750 ~~ 3 300 11,000 2 150 2 550

A* Al Al

3.000 10,000 1,950 2,300 Al A* A* MMA

* **

999 AAA

www.cdnpublications.com

3,500 4,100 2.850 4,300

A. A. A.

-

A. A


UNR 2011

the CURRENCY DEALER NEWSLETTER MILITARY PAYMENT CERTIFICATES

VG 8 1 DENOMINATION

BID

FINE 12

ASK

BID

ASK

VF 20 BID

XF 40

ASK

BID

AU 50

ASK

BID

CU 60

ASK

BID

REPLACEMENT MILITARY PAYMENT CERTIFICATES

CH CU 63

ASK BID

ASK

GEM CU 65 BID

VG 8

FINE 12

ASK

BID

70 75

no

125

100 800 425

no

ASK

Series 46 5C

Issued 9/16/46

10C

2.00 2.00

through 3/10/47

25c

6.00

50<t

8.25

$1.00

3.00

$5.00 $10.00

17.50 17.50

I Series 471 Issued

2.50 7.00 9.25 4.00

2.50

20.00 20.00

3.00 3.00 9.00

10.00

10.00

11.00

4.50

5.00 21.00

19.00 19.00

3.45 3.45

21.00

5.50 4.50 11.00 12.00 6.00 25.00 22.00

6.00 5.50 12.00 14.00 7.00 27.00 24.00

11.00

12.00

9.00 22.00 23.00

10.00 24.00

12.00

25.00 13.00

50.00 35.00

55.00 42.00

20 23

22

40

45

50

25 36

45 90

50

38

50 42

100 80

100 130 90

50 100

75 70

85 77

185 155

205 175

33 46

PAGE 7

60 60

140

115 155

100 215 200

110 235 220

60 65 120

130 215 200

195 180 300 280

345 320

160 700 525

950 500 180 775 625

BID

VF 20

ASK

140 150

155 165

1,300 550 300

1,500 650 340

800 600

885 725

BID

XF 40

ASK

190

210

210 1,900

230 2,100

800 425 900 725

900 475 1,000 900

AU 50

CU 60

BID

ARK

RID

ARK Rin

375 400 2,200

450 475 2,400

675 700 2,900

750 775 3,200

725

875

1,400

1,600

1,500

1,650

775 810

CH CU 63

AQK Rin 850 885

900

GEM CU 65 1

ARK Rin

arkI

1,000 Ai Al A, Al Al Al AI Ai IV

5C

3/10/47 through

104 25c

3/22/48

50c $1.00 $5.00 $10.00

2.75 2.50

3.25

7.00 9.00 9.50

9.00 12.00 11.00

11.00 11.00

350 110

385 130

385 130

1.00

1.25

1.20

1.50

1.10 1.65

1.35

1.25 1.75 3.25

1.85

2.25

2.25

2.75

3.75 4.50

4.00 6.50

85 22

95 32

5.00 7.50 105

3.00

3.25 4.25 9.00

3.75

7.00

8.00

17

4.75 11.00

5.50

6.50

11

16.00 19.00

18.00

60

13.00 13.00 425

20.00 800

150

170

21.00 23.00 880 190

1,650 350

3.00

1.50 3.40

1.35 8.00

7.50 11.00

8.50 13.00

14.00 160

15.50 175

15.00 28.00 33.00

35

55

65

260 130

1.25

1.50 1.75

2.50 2.75 9.00 25.00 36.00

90 80

19 12

27

70 100

70 100

88 1,800 385

135 2,400

1.60 9.00 16.50

2.00 12

2.25 14

5.50 34

39

100

32.00 37.00 280

43

43 48

65 650

75 725

115 155 1,700

170 1,850

145

325

360

1,000

1,100

7.50 8.50

13.00 14.50 32

15.00 16.50

26

375

30 28 80

55 50

ISO

110 170 150 190 2,650 4,750 410 650

60 55 165 185

60 60

66 65

73 85

165

225 285 330

80

450 575

500 625

525 650

1,300

1,450

315 365 10,000

-V IV IV

2,150

93 250

575

1,500

650 1,000 2,200

1,100 2,400

Al Al Al

Al Al Al

Al A. Al

Al Al Al

A, Al Al

725

700

850

1,050

1,150

IV IV IV

A. Al Al

Al Al Al

A, A. A,

5,000

5,750 6,000

7,000

8,500

9,500

105 120

160

175

210

240

165

185

235

270

IV IV IV

Al Al A,

Al Al Al

Al A, Ai

Al Al A,

A, A, A,

A,

2,200 320

2,450 3,500 360 375

3,850

4,800

430

535

IV IV IV

Al Al A

Al Al Al

A, A. A,

~ ~ ~

Al Al A,

210

190 230

185 210 255

5,250 700

5,250 750

5,750 850

9,000 1,950

6.25

8.00

14.00 64

95

45

9.00 50 125

15.50

38 110 130

70

100

215

155 210

235 350

235 260

1,775 1,100

1,900

2,250 2,050

14.50

16.00 17.00

600

725

_

725 1,700

1,600 2,900

1,800 3,200

^

-V Af A-

^

3,200 5,900

AT AT '•

3,500 6 500

A. Al

«V V Af

Ar -• -

AIAIAI

Al Al Al

Al Al A.

A! A. A.

Al Al Al

Al Al Al

A, Ai rv

Al Al Al

Ai A. rv

375 395

430

470 450

510 550

700 800

850

475

950

825 1,000

925 1,100

975 2,050

1,075 2,250

5,300 650

Al A, Al

A, Ai Ai

^ ^ ^

<V A, A.

<V Al Al

Ar ai Ar

Al -V A-

Al Al a.

Al Al A-

A, A, A,

750

900

^

^

A- Al A-

Al -V A-

Ar Al *V

A- <V «V

A. A. A.

Al Al A.

Al Al Al

A, A, rv

A, A, A,

Ai IV A.

IV A. A.

IV A. A.

A, A. A.

A, Al Ai

A, A, A,

AIAIAI

Al Al Al

AIAIA.

Al A, Al

Al Al Al

Al AIAI

AIAIAI

AIAIAI

Al A, Al

600 550

725 675

750 700

900 850

Ai A. Ai

Ai A, Al

Al A, A,

Al Al Al

A. Ai Ai

Ai Ai A,

Ai Ai A,

Ai A| IV

725

865

900

1,100

AiAIAI

AT A1 IV

A, A, A.

Al A, rv

A, Al rr

I Series 472 5c 10c

Issued 3/22/48 through

25c

6/20/51

50c $1.00 $5.00

4.00 75

$10.00

20

1 Series 481 Issued

54 10c

1.00 1.00

1.25

6/20/51 through

1.25

1.10 1.10

1.35 1.35

25c

2.00

2.50

3.00

5/25/54

504

1.50 3.25

3.75 6.00

5.00 7.50 75

6.00 8.50 85

11.00

6.00 13.00

13.50 90

15.50 100

31

34

50

55

1.40

1.65 1.60

2.00

2.50

1.75 5.50

2.00 6.00

$1.00 $5.00

5.00 45

$10.00

20

50 23

1.25 1.25

1.50 1.50

1.35 5.00

250 145

3.25

6.50

4.00

7.50

11.00

15 38

115 140 185

1,200

385 2,450 2,250

18.00 18.50 45

no

135

100 115

no

1,500 675

IV IV IV —

20.00 21.00

90 80

100 90

50 235

95 1,350 550

105

260 205 285

350

425

125

220 175 260

300 440

360 485

Al Al A,

A, Al Ai

AIAIA,

Al AIA,

A. A. A,

A, A. A,

Al A. A.

A. Al A-

Al Al Al

AiAiAl

Al Al A,

rvrvrv

A, A, A,

Al Al A,

650

775

750

875

900

1,100

Al A. Al

A, Al IV

Al A. Al

■VAIA.

Al Al Al

rv rv Al

A, Al Al

Al Al Al

Ai ai rv

A, A. rv

Al Al Al

A, rv rv

Al Al A,

A, rv Al

A, A, Al

A, A, A,

A, A, Al

A, Al Ai

A. Ai Al

Al Al Al

Ai Al Al

Al Al Al

A. Al Al

A. Al Al

Al A. Al

Al A. A,

Al Al A,

Al A. Al

Al Al Al

305 300

475 665 600

525 735 660

Al Al Al

Al Al Al

Al Al A.

Al Al A.

Al Al Al

Al Al Al

Al Al Al

A, A! A,

1,300

1,450 Al Al Al 1,550 3,000

AIAIA.

A, A, Al

Al Al A,

Al A, A,

Al A, Al

3,300

AIAI Ai

Al Al Al

A, A, A,

Al A, Ai

1,550

A. Al Al

A. rv Al

A. Al Al

A, Al Al

A. A, rv

Al Al A,

195

15.00 35 125 205

900

1,200 1,000

1,300 1,200

18

20

20

23

25

27

130

145

165

185

19 40

21

21 50 160 110

300

180

130 225 340

175

140 95

33 95 400

155

125 85

30 85 350

115

45

23 58

330 415

120

190

210

1,150 2,800 480 1,000

3,100

3,500

4,100

1,100

1,650

3,850 1,800

2,200

4,500 2,400

17

30.00 41.00 275

45 90

80 450

160

435

550 480

5.00 5.00 14.00

9.00 10.00 19

11.00 11.00 21

40 42

45 47

100 175 1,000

35 110

39 135 225 1,450

375 2,400

1,350

215 325 2,200 1,750

1,900

1 Series 521 Issued

5C

5/25/54 through

104 25c

1.75

2.00

5/27/58

50c

3.50

$1.00

5.00

3.00 5.00

10.00

11.00

13.00 22.50

6.00

7.00

8.00

9.00

10.00

16.00

$5.00

5.50 180

25.00 18.00

200

250

1,050

55

385 110

600

45

350 100

550

$10.00

225 58

240

260

440

1.00

1.25 1.25

1.10

1.25

2.50

2.40

1.35

3.00

1.50 3.50

2.00

1.10

6.00

7.00

1.75

2.00

2.25 3.50

6.00 20.00

7.00 22.00

15.00 30.00

16.50 33.00

7.00 17

22.00 1,700

45.00 2,300

50.00 2,550

70 2,900

170

440

485

1,100

8.00 8.00

10.00

18

22

10.00 33.00

21

24

50

55

120

52.00

75 80

85

135

90

1 Series 541 Issued

54 104 25c

5/27/58 through

1.00

65

1.35

50c

1.50 1.75

$1.00

6.50

2.00 7.00

2.50 7.50

8.50

$5.00 $10.00

600

660

900

1,000

19.00 1,500

125

145

135

155

150

1.25 1.50

1.25

1.50

4.00

5.00

2.00

2.50

3.50

5/26/61

1

4.00 4.00

1.35 2.50 4.50

Series 591 Issued

35

5c

1.00

5/26/61 through

104 25c

1.25 8.00

9.00

10.00

12.00

14.00

4.00 16.00

1/6/64

504

13.00

15.00

15.00

17.00

21.00

24.00

30.00 45.00

$1.00

7.00

8.00

19.00

22.00

45.00

360

390

10.00 415

12.00

$5.00

455

625

850

52.00 950

$10.00

75

85

105

115

575 185

210

335

365

1,200 825

5c

1.00 1.00

1.25 1.50

1.20

1.50

1.25

1.75

3.00 3.00

3.50 3.50

7.00 7.00

8.00 8.00

8.00 9.00

205 310 350

335

400

330 440 475 650

675

750

1,400 1,400

440

425 575

A. Al Al

A, Al A,

Al IV A,

A, A, A,

Ai A, Al

AIA, A,

A, rv rv

A. Al Al

Al Al A.

A, A, rv

380

375 400

IV IV IV

Al Al Al

Al Al Al

Al Al Al

Al Al Al

AIA. Al

Al IV Al

AIAIAI

Al Al A.

Al Al Al

Al Al Al

A, Al rv

rv A, A,

AIAIA,

AIA, Al

rv Al Al

IV Al A,

Al A. IV

AIAIA,

A. A, A,

A, A. A.

Al Al Al

Al A, Al

AIAIA,

Al A. Al

A, Al Al

Al Al A,

Al Al A.

Al Al Al

Al Al Al

120 100 245

210 220 360

250 250

275 275 440

300 290

400 265 1,250

350

340

375

675

775

1,400

Al Al Al

Al A, Al

Al Al Al

IV Al Al

Al Al IV

Ai Ai Ai

75 65

100 80

no

150 90

180

200

no

130

365

410

450

9,000

IV Al Al

Al Al Al

2,000 3,900

4,300

2.80 8.00

5.00 17

5.50 19

5.50 18

6.00 20

8.50 27

9.50 30

19

30 125

33 135

31 150

34

38

42

65 55 135

170

290

275

300

300

330

3,200 5,000 1,200 1,950

5,500 2,150

6,000 3,500

320 535 14,000

335 8,000

5,400

1,800

41

45

60

70

90

120

130

145

165

210

230

290

330

50

45 50

50

44

55

70

80

IV IV Iv

Al Al Al

A, Al Al

AIA. Al

Al Al Al

Al Al Al

Al Al A,

Al Al Al

Al Al Al

Al Al Al

130

130

145

300

330

IV IV IV

Al Al Al

Al Al Al

Al Al Al

Al Al Al

Al Al Al

Al A, A.

Al Al Al

Al Al Al

Al Al Al

Al Al Al

1,300

1,450

1,500

3,750

4,500

7,500

8,500

750

1,800 900

2,000

550

1,650 850

1,000

1,200

1,350

A. Al A.

3,200 2,000

305 430 6,000

335 480

1,350 2,900 925 1,800

185 195 3,500

205

150

150 180

Al Al IV

Al Al Al

Al Al Al

Al Al Al

Al Al Al

AIAIA.

A. Al Al

Al Al Al

Al Al Al

2,200

3,200

6,600 3,500

A"'' A,

IV A, Al

AIAIAI

AIA, A.

AIAIA,

A, A, A,

A* A* A,

Al A, Al

A*

16

18

17 19

28 42

75 70

90

20

25 38

85

18

75

38 80

480 7,000 ^2,000 4,000 4,800

215 3,850 2,400

75

80

475

90

135 115

190 200

270

325

140

160

230

500

550

700

255 850

Al Al Al

Al Al Al

Al Al Al

Al Al Al

Al Al Al

IV Al A.

Al Al Al

Al Ai Al

Ai Al Al

Al Al Al

AiAIAI

Ai Al Al

5,500

6,000

8,300

9,100

Al Al Al

Al A, A.

A- A, A,

A"V ",

Al A, rv

A, A, A,

Al AIAI

Al rv A,

375

425

AIAIA,

AIAIA,

Al Al Al

Al Al Al

Ai Ai A.

Al Al Al

A, A, A,

Al Al Al

A, Al Al

Al A, Ai

Al Al IV

Al Al A,

Al Al Al

Al Al Al

Al Al Al

Al Al Al

Al Al Al

Al Al Al

Al Al Al

A, A. A,

Al Al Al

Al Al Al

Al Al Al

Al Al Al

Al Al A,

Al A. Al

A, A, A,

Al Al Al

Al Al Al

Al Al A.

Al Al AI

Al Al Al

A. ai rv

A, A, A,

Al Al A.

",

A.

--

AIAIA.

A, AIAI

AIAIAI

A, A, A,

Al Al Ai

100 80

120 80

135

175

195

235

90

85

95

no

120

290

525 300

350

350

385

550

600

340 600

Al Al Al

Al Al Al

rv Al Al

rv Al Al

Al Al Al

Ai Al Al

Al Al Al

Al Al IV

1 Series 611 Issued

10c

1/6/64 through

25c

1.75

2.25

50c

3.00

1.50 4.00

$1.00 $5.00

3.00 66

3.50 76

3.50

$10.00

45

50

75

90 85

4/28/69

I Series 641 Issued

1.00

4.25 80

5.00 4.00

26 30

29 33

60 85

95

25

27

40

48

350

385

230

285

315

475 550

525 600

10.00 17.00

11.00 19.00

27.00

30.00

4.75 120

5.50

10.00 250

11.00 300

210

120

130 130

20.00

9.00 10.00

22.00

65

5c

1.00

1.25

1.05

1.30

1.10

1.35

1.15

1.40

1.20

1.60

3.00

3.50

8/31/65 through

104

1.00

1.25

1.05

1.30

1.10

1.25

1.05

2.50

504

1.00

1.25

1.10

1.10 1.25

2.25 3.75

10/21/68

1.30 1.40

1.50 2.50

3.00

1.00

1.15 2.00

1.40

254

1.35 1.35 1.75

2.50

3.00

5.50

6.50 8.50

9.00

3.50 8.00 11.00

$1.00 $5.00

1.00

$10.00

8.00 7.00

54 10c

120 45

254

120

7.00

140

140

150

150

65.00

65.00

70.00

2.50

28.00 2800

2.00 32.00

35.00

3.00 40.00

24.00 25.00

28.00

29.00

Al Al Al

rv A. A,

rv Al ai

120 1,100

165 1,200

185

230 1,700

Al A, Al

A, Al Al

Al A, A,

Ai Al Ai

Al IV Al

A, Al A.

Al Al A.

950

1,150

1,250

3,000 2,300

Al Al Al

750

255 365 2,050 2,500 1,500 1,900

425

1,450

AIAI Al

A, AIA,

A| A, Ar

80 240 215

100 310

no

125

225

rv Al Ai

Al Al A,

A, A, A,

IV rv rv

390 325

150 430

200

370

500

670

740

Al Al Al

A, Al Al

390

A, Al IV

Al Al Al

Al Al A,

A. rv rv

210 210

250

330

450 600

550 500 650

Al Al Al

A, AIAI

A, Al Al

rv A, Al

A, A, Al

rv ^ Al

A, Al Ai

135

450 230

500 255

170 100

550

90 1,025

725

825

1,300

3.50 4.50

4.00

6.00

6.75

45

5.00 8.50

14.00 17

16.00 19

90

15.00 22.00

25

28 38

85 100

100 120

100 48

7.50 13.00

1,125 1,450

70 400

77

85

95

no

480

250

300

600 375

725 450

900 650

55

50

105

120 115

60 140

70 200

135 145

185

125

120

125

265

300 85

330 95

375 120

145 425

250

325 400

415

400

425 1,000

410

775 450

330 650

460

610 475 1,200 2,000 1,350 625

675 2,400

Al Al A. rv A. Al

A, A, A,

A, Al Al

A, Al rv

1,500

1,875

2,075

IV AIAI

A, A, A,

~ Al Al

Al A, Al

A. A, A,

A, A, A,

~ Al Al

Al A. Al

rv A, A,

Al A. A,

Al A, A,

Al AIAI

rv A. A,

A, A, A,

AIAIA,

Al Al Al

Al Al Al

A* A. Al

A, Al A,

Al Al Al

Al Al A,

AIAI A,

A, A, A,

A.«IA«

Al Al Al

A. A, A,

AIAIA,

Al A, Al

A, Al Al

185

180

210 120

Al Al A,

A- A, A,

Al Al Al

Al Al A,

Al A, A,

Al Al Al

AIAI A,

AIAIA,

A, A, A,

A, A, Al

Al Al A,

A, Al Al

rv A, A,

A, Al A,

Al Al Al

Al A, Ai

Al Al IV

Al Al A.

Al Al Al

A* IV A,

A. Al A.

A. AT A,

rv A, A,

A, A, A,

A. Al A,

A, A, A,

A. Al Al

Al A, A,

A. Al Al

A, A, A,

A, A, Al

A, A, rv

36 90

Al A, Al

Al Al A.

Al Al Al

Al Al A,

Al Al A,

A, Al Al

A* A. A,

A, A, A,

AIAI Al

A* AIAI

Al A, A,

Al Al Al

A, A. Al

Al rv A,

Al A, Al

A. Al A,

Al Al Al

Al Al Al

Al Al Al

Al Al Al

Al Al Al

A* A. A,

Al A, Al

Al rv Al

A. A, A,

Al Al A,

Al A, A,

165

2,200

2,400 4,500

5,000

6,000

12.00 11.50

145

170

260 180

300 225

19.00 20.00

140 1,500

160 160

170 165

190

140

165

185

250

1,700 2,400

24.00

85

100

2,700 170

225 3,100 215

3,400 235

27.00 1,900

325 750

480

450

550

20.00

100

275

Al Al Al

1.30

65

Al Al Al

Al Al Al

53.00

135

60

Al Al Al

IV Al Al

46.00

145

rv Al Al

A. Al Al

32.00

130 55

Al A, A,

110

14

55

AIAIAI

175

11

140

50 130

A, A, Al

A, Al Al

160 100 190

5.50 53.00

125

50 130

A, A. Al

Al A, Al

100 200

4.50 47.00

135

A, Al A.

Al A, Al

165

70.00

17.00

Al Al A,

Al Al Al

90

175 80

15.00

Al Al Al

Al Al Al

150

160 75

9.50

Al Al Al

Al Al Al

450 Al IV Al

90

165 75.00

8.50

A. Al Al

Al Al Al

92

75 110 55 600

160

80

8.00

900

rv A, Al

80 170

155

75

19.00

750

75 1,100

145

140

17.00

600

65 875

200

70

7.50 70

29.00

3.75 38.00 32.00

75

60

180

150

14.00

3.25 34.00

65

50 725

125

85

2.50

60

45

95

40

2.00

50

35 550

145

37

2.00

45

30

130 115

77

21.00 110

1.50 12.00

85 155

260

35

35 240

19.00 100

1.50 11.00

70

19 21

575

1 Series 651 Issued 4/28/68 through

504

55.00

$1.00 $5.00

1.00 24 00

$10.00

22.00

5c

1.00 1.00

1.25

1.10

1.35

1.20

1.25

1.10

1.35

1.20

1.45 1.45

1.25

1.10

1.35

1.20

1.45

50c

1.00 1.00

1.30 2.00

1.25

1.10

1.35

1.40

1.90

$1.00

1.00

1.25

1.10

1.35

1.20

1.45

$5.00

1.00

1.25

1.75

$10.00

80

1.50 90

105

$20.00

55

62

60

115 67

1.50 140 65

11/19/73

60.00 60.00 1.50 1.50

80 18

85 20

85

95 23 85

110 32

60 60

65

72

80

21 78

70

105

115

125

140

1.60

1.65

2.00

4.00

4.50

11.00

1.50

2.25

3.75

4.25

5.50 5.25

6.00

1.60

5.75

2.50

3.00

4.00 11.00

2.00

2.50

4.00

12.50 12.50

13.50 13.50

2.00

2.50

3.50

5.00 11.00 5.50 11.00

12.00 12.00

10.50 17.00

12.00

14.00

15.50

2.00

5.00

500

800

14.00 900

18.00

1,150

1,250

25.00 1,750

72

330 140

5.50 450

16.00

155

6.00 365 155

210

230

675

750

850

925

1,000

1,100

310

375 850 360

1.10 1.10

1.35

1.15

5.00

9.00

4.00

5.00

4.50 4.50

5.50

1.60

1.75 2.40

4.00

1.15

1.40 1.40

1.25

1.35

10.00 12.00

10.00 11.00

65 70

10.00 10.50

5.50 11.00 11.50

13.00 18.00

82 150

Al A. A,

A. Al A,

A* ", A.

A, A, A.

6,600 11,000

12,500

AIAIA,

Al A, A.

»*~

A, A, A,

Ai A, A.

Al A A.

Al Al Al

Al "1

420

470

490

Al A, A,

Al A, Al

Al A, Al

350 525

360

650 400

Al A. A,

350 440

550 385

550

320 400

385

425

400

450

575

675

750

Al Al A.

A, A, A,

A, Al Al

Al Al Al

~ Ai A,

Al Al Al

A. A, Al

A, A, A,

Al Al Al

A, rv Al

Al Al Al

IV Al A,

A, Al A.

330 700 1,075

365 850

375 1,000

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JUNE 2011 BUYING

INTRODUCING

SELLING - TRADING

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JUNE 2011

WANTED

Quick, Confidential

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•w

Facts #B04 • P.Q. Box 18523 • Irvine,CA*>2623


the CURRENCY DEALER newsletter

the Greensheet - a monthly report on the Currency Market published by the Coin Dealer Newsletter (est. 1963) Vol. XXXII

No. 7

JULY 2011

Single copy price: $5.00

AUCTIONS REMAIN CENTER OF MARKET PRICES CAIN MOMENTUM

ACTIVITY . . .across the market by Kevin Foley

As I write this on the eve of the Memphis International Paper Money Show, coverage of which I'll render in next month's commentary, a few observations relative to the overall state of the market for collectable Paper Money would perhaps be in order. There seems to be an increasing separation between the private pur¬ chase market and the market at auctions. Whereas a decade ago auctions were largely the province of dealer buyers, who would then remarket such acquisitions to retail buyers after vetting them in person for quality and originality, today there is a far more widespread participation in auctions. The internet has created the availability of real-time Bidding at auction on a remote basis. Similarly, the increasingly dominant position of third-party certification and grading have in the minds of the buying public lessened the necessity for conducting one's own in person examination of items be¬ ing offered via the auction mechanism. One result of these trends has been that retail buyers have tended over time to increasingly bypass private deal¬ ers and go directly to auction sources for their acquisitions. Indeed, some of the major auction houses offer nothing but third-par¬ ty certified material, even in specialties where rarity of issuer rather than grade remains the most important factor in determining market price levels. Where grade is the primary determinant of value, third-party certification by either PCGS Currency or PMG has become a near necessity for sellers. Whether the widespread assumption that third-party certification actu¬ ally constitutes an assurance that an item offered as Uncirculated was actu¬ ally always free from folds or other evidence of circulation throughout its lifetime is actually an accurate one has become secondary. The fact is that most people accept that assumption in making their purchasing and valua¬ tion decisions. That widespread assumption operates to make higher value items worth more in the marketplace when certified by PCGS Currency or PMG than when not certified by one or the other of these entities. That trend is strengthening rather than abating or moving sideways. The initially controversial practice of third-party certification is now an indispensable element in transactions involving higher value items or items represented as being some degree of Uncirculated. Items without the Impri¬ matur of PCGS Currency or PMG are simply worth less than such items that do display these credentials. The higher the claimed grade and the greater the rarity, the greater the value disparity, especially for Large and Small United States Type Notes.

LARGE SIZE TYPE NOTES Large Size Type continues to be the "glamour" specialty in the overall field, with rarities here attracting the most buyer interest and being the most newsworthy when offered. This is also the area that is the most affected by the periodic entry and egress of speculative driven buying interest. After the market adjustment of 2008, where such funds withdrew in response to economic uncertainty, the entry of speculative funds is currently plac¬ ing upward pressure on prices in this area. This is also the segment where third-party certification by PMG or PCGS Currency is the most important in adding to price levels for the rarest and highest quality items. The creation

The

Greensheet

of the Registry Set concept by both of these leading third-party certifica¬ tion entities was a rather clever marketing mechanism to create demand for their product in the upper quality ranges that would not have otherwise existed. By creating such enhanced demand for the very upper reaches of the 11-step Uncirculated grade category, the value of third-party certifica¬ tion is further enhanced. The certified product offered is worth even more than it would otherwise have been in the absence of Registry Set driven ac¬ quisition activities and the demand and price pressure thereby generated.

SMALL SIZE TYPE NOTES Like Large Size Type, Small Size Type Notes continue to recover from the lows experienced in 2008. Slow, steady upward price movement is in evidence here. The frantic almost panicked buying that characterized the marketplace as it moved towards its 2008 peak is largely absent. Demand is, however, growing and prices are moving higher. Like the Large Size Type field, PCGS Currency or PMG certification has become a near neces¬ sity in order for a seller to achieve the highest possible realization for virtu¬ ally anything Uncirculated or scarce. Increasing numbers of relatively modern items are being certified here in order to create new populations of collectors for such material in the up¬ per quality ranges. There is also an increasing availability of information from the third-party certification firms concerning populations of certified modern Federal Reserve Notes by prefix and suffix letter combinations, part of an effort to create a wider market for such material, and from the growth of such a market, a wider demand for the services of these certifica¬ tion entities.

FRACTIONAL CURRENCY Fractional Currency remains one of the quieter areas and the one where the contrarian willing to enter a field not as in favor as Large or Small Size Type will likely see considerable rewards at an undetermined time in the future. Items of a given level of scarcity and quality here continue to be available at prices considerably below those applicable in the Large and Small Size Type fields. There remains an overabundance of Circulated ma¬ terial in this market, which occasionally experiences upward price spurts based on acquisitions for promotions outside traditional numismatic fields.

NATIONAL BANK NOTES National Bank Notes remain the field most traditional in terms of buyer aspirations. Grade is less important to price than the scarcity of the issuer. Hence, buyers here place a lower degree of importance on third-party cer¬ tification. Collecting patterns remain driven by geographic interest and fo¬ cus, with a far smaller population of buyers seeking rare items regardless of place of origin. The result is a much thinner market - actually more ac¬ curately, markets - with the entry or exit of even a single buyer in a particu¬ lar state sub-market capable of having a significant, measurable effect on prices. Overall, after the downward adjustments of 2008, prices here have stabilized and are showing signs of upward pressure, although not to the extent that is evident in the Large Size Type field.

MISCELLANEOUS Obsolete Notes continue to move towards collecting patterns typical of the National Bank Note field, i.e. geographical specialization. Prices for rarities here are now sometimes pushed to levels at auction that were un¬ heard of even within the current collecting generation. Guest commentary provided by Kevin Foley, P.O. Box 573, Milwaukee, WI 53201, kfoley2@wi.rr.com, Phone 1414) 421-3484

reports the national currency market on a monthly basis.


ionKu.ni .’on on*

the CURRENCY DEALER 'ikCwMbft*

newsletter

Reprint ot any part of any issue without permission is expressly forbidden by law. EXECUTIVE DIRECTOR MARKET ANALYSTS

PaulineMiUOtw Dale Sutton Derik De Baun

PUBLISHER & EDITOR CIRCULATION & ADVERTISING

Shane Downing Betty Morris

fWi Cl HKtV > DftALfcR NkWSLt rrtR reports the iuImviI KUtremy market on 4 monthly banu. Under the present syv •eos it • u»%pt miMw fc> OMMhir all tranuctkeM o» offers to buy and «ll. but the broad intormahon sources of the Newsletter ■Mb* « a very accurate redextion ot the market The prices in the Newsletter are from dealer ti>-dealer transactions i ipoon Rates l yeax-Ui 2 yoarv-STH. Advertising Rates: 115 per column inch. Advertising space is limited; ads wiU be placed in the tint pi«**bW edition. The Currency Dealer Newiii r (USPS «UU7v*» i» published monthly by CDN Inc , 18807 Crenshaw Place, Torrance, CA 90504-

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□ 1 Year $44.00 □ 2 Years $78.00 Name Address____ City, State & Zip____ Company & Phone-

Short Snorters Short Snorters are banknotes signed by various persons traveling together or meeting up at different events. The tradition started in the pioneering days of aviation and spread with commercial and military flights reaching a zenith during World War II. If you signed another person's Short Snorter, and that person could not produce it upon request at a future meeting, they owed you a Dollar or a drink (a "short snort"). Adding signatures of VIPs to your Short Snorter made for interesting conversation and prestige. Many of the famous dignitaries of VVWII (Franklin and Eleanor Roosevelt, Churchill, Eisenhower, Nimitz, Mountbatten, Lindbergh, Bob Hope, John Wayne, etc.) "played the game" and their signatures can be found on Short Snorters belonging to a diverse group of owners. Visiting another country might result in additional banknotes that could be taped onto your Snorter which would create room for additional signatures and record your travels. As collectibles. Short Snorters are very difficult to evaluate. Values with most collectibles are based upon condition and rarity. By their very nature, each Short Snorter is unique but usually heavily worn and covered with "graffiti" which puts them in a technically lower grade. Pricing them solely based upon values listed in standard publications usually results in a low net to the seller. However, there are many factors that can be used to help determine an approximate value. The single most important factor is authenticity. Is the banknote one that could have circulated at the time it was purportedly autographed? Are the signatures made with periodic writing utensils that were available at the time? Felt tip pens did not appear until well after WWII. If banknotes are taped together, has the tape yellowed? Anything otherwise should be suspect. Is there any provenance with the Note that can lend to its authenticity? Secondly, a Short Snorter signed by famous people will add value to the banknote. Autographs that span across categories (sports, VIPs, actors, actresses, high-ranking military officials) could attract a wider audience when it is time to sell. Autographs themselves need to be authenticated. Sometimes that can be done by comparing to other autographs found on items for sale on the internet. Unless the signatures on the Short Snorter belonged to a famous individual, it can be next to impossible to determine who the persons were that signed a particular Snorter. Again, that's where provenance comes in handy. Other factors influence the value of Short Snorters. Is "SHORT SNORTER" written somewhere on the Note (usually in the margin)? If the Snorter is a chain of Notes taped together, is the first Note an Emergency Issue United States Silver Certificate (Series 1935) with either a brown seal (HAWAII) or yellow seal (North Africa)? Those distinctly wartime Notes bring the highest prices for Snorters. Are there any places identified or can one tell what Theatre of Operation it was made in? Any type of unit designation (squadron, company, bomb group, etc.) written on the Snorter generates additional interest. Additional interest means additional value.

Superb Gem Very Choice Choice

Crisp Crisp Crisp Crisp Crisp Almost

Pre-WWII Snorters and Snorters on Large Size currency or denominations above Two Dollars can bring a tidy sum. The highest denomination Small Size Snorter I have seen is on a Twenty Dollar bill belonging to a 39th Fighter Squadron pilot. I have seen a Large Size Ten Dollar Note used as a Snorter which is extremely unusual. There are usually at least a few Short Snorters listed on online auctions at any one time. I have seen Snorters sell from a few dollars to several hundred, and know of one that was purchased for $5,000! Snorters can be collected by Theatre of Operations, branch of service, VIPs, USO performers, or commemorating significant events. Some of the rarest Short Snorters are commemorative "non-currency" Snorters produced by different units during and shortly after WWII (e.g., atomic bomb testing in the Pacific). Collecting Snorters is an extremely rewarding hobby. In the four years since The Short Snorter Project website went public, I have had the chance to meet or correspond with some fantastic people who either served our country or who truly appreciate those who have served. Researching names and places on Snorters often yields some pleasant surprises and further fuels my own personal passion for WWII history (my uncle flew in the last bomb run over Germany). Sadly, the future of collecting Short Snorters is bright. Ken Burns stated in his documentary "The War" that WWII veterans are dying at a rate of 1,000 per day. Surviving family members often find their relative's Short Snorter tucked away, and not knowing what it is, they turn up in coin shops, at coin shows, and in online auctions. It is very rewarding when someone sends me an email saying that they have found their dad's, uncle's, grandfather's. Short Snorter and did not know what it was until they Googled "Short Snorter" and found the website. I receive at least one email a week from a new contact. Depending upon your perspective. Short Snorters are next to worthless or simply priceless. Whatever you decide, Short Snorters are truly "history in your hand."

Tom Sparks The Short Snorter Project Phone: 425-338-1493 Email: tjsparks@shortsnorter.org

GRADING

Sight-Seen wholesale prices are for accurately graded Notes - Certified or Raw.

Uncirculaled-67 Uncirculated-65 Uncirculated-64 Uncirculated-63 Uncirculated-60 Uncirculated-50 Extra Fine-40 Very Fine-20 Fine-12 Very Good-8

A nearly flawless Note with perfect centering. Full wide margins all around. Colors are totally bright, crisp and vibrant. Quality is outstanding. An almost perfect Note. Better than average margins. No aging or fading. A bright Note that's slightly below Gem quality. Margins and color are above average. A Note that may have slight centering problems. A nice new Note but not quite Gem. Centering may be a little off. May show some aging or light counting smudges or wrinkles. No trace of circulation. Can have centering problems, pin holes, counting smudges, wrinkles, close margins, or a corner tip fold (not into design). (Almost new) These will be much the same as a "new" Note except for a single fold or several corner folds. Circulated; may have some folds; still has some crispness. Some circulation; may show several folds and will have lost some of its crispness and color. Well-circulated with little crispness remaining; edges may be rough. Will be fairly well-soiled; may be significantly worn; might have roughness around the edges with only minute problems.

Use of the Friedberg numbering system is by license granted by the Coin and Currency Institute, Inc. Publishers of Paper Money of the United States, P.O. Box 1057, Clifton, N.J. 07014


ULY 2011

the CURRENCY DEALER NEWSLETTER

I

PAGE 3

CONTINENTAL & COLONIAL CURRENCY SERIES DENOMINATION

FRIEDBERG AU 50 CU 60 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 VG 8 XF 40 FINE 12 VF 20 ASK BID ASK BID ASK BID ASK NUMBERS BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID

Continental Connecticut W/Hole Connecticut No Hole Delaware Georgia Maryland Massachusetts W/Hole Massachusetts No Hole New Hampshire W/Hole New Hampshire No Hole New Jersey New York North Carolina Pennsylvania Rhode Island South Carolina Vermont Virginia

CC CT CT DE GA MD MA MA NH NH NT NY NC PA RI SC VT VA

1-102

1861 $5 1861 J10 1861 $20

FR FR FR

1-5 I 1,250 6-10 I 2,350 11-15 | 20,000

1862 $1 1862 $2 1862-3 $5 1862-3 $10 1862-3 $20 1862-3 $50 1862-3 $100 1869 $1 1869 $2 1869 $5 1869 $10 1869 $20 1869 $50 1869 $100 1874 $1 1874 $2 1874 $50 1875 $1 1875 $2 1875 $5 1875 $10 1875 $20 1875 $50 1875 $100

FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR

16-17 41 61-63 93-95 124-126 148-150 165-167 18 42 64 96 127 151 168 19 43 152 20-26 44-47 65-68 97-98 128 153 169-170

1878 $2 1878 $5 1878 $10 1878 $20 1878 $50 1878 $100 1880 $1 lg. seal; red nos. 1880 $1 lg. seal; blue nos. 1880 $1 sm. seal 1880 $2 lg. seal; red nos. 1880 $2 lg. seal; blue nos. 1880 $2 sm. seal 1880 $5 lg. seal; red nos. 1880 $5 lg. seal; blue nos. 1880 $5 sm. seal 1880 $10 lg. seal red nos. 1880 $10 lg. seal; blue nos. 1880 $10 sm. seal 1880 $20 lg. seal; blue nos. 1880 $20 sm. seal; blue nos. 1880 $20 sm. seal; red nos. 1880 $50 lg. seal 1880 $50 sm. seal 1880 $100 lg. seal 1880 $100 sm. seal 1901 $10 1907 $5 1917 $1 1917 $2 1923 $1 iQ?/*sin

FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR

48-49 69 99 129 154 171 28-30 31-33 34-35 50-52 53-54 55-56 70-72 73-78 79-82 100-102 103-109 110-113 130-139 140-145 146-147 155-161 162-164 172-178 179-182 114-122 83-92 36-39 57-60 40 123

1-240 1-240 1-92 1-131 1-138 1-289 1-289 1-185 1-185 1-218 1-237 1-215 1-272 1-301 1-192 1-8

1-225

50 37 55 60 280 45 33 95 185 650 60 60 65 48 53 95 6,750 85

63 43 70 70 340 55 35 205 775 68 80 85 51 55 135 8,500 115

375 60 38 120 225 850 74 88 95 56 60 155 9,500 125

90 46 84 85 360 70 43 130 230 1,000 85 105 90 55 62 185 13,500 125

1,400 1,800 2,600 5,000 22,000 40,000

2,000 5,500 44,000

3,400 11,000 82,500

315 50 36 105 200 700 67 67 75 53 58 105 7,500 95

no

100 50 93

95 400 80 47 145 250 1,100 95 115 100 60 70 205 15,000 135

105 50 120 115 650 95 56 170 275 1,350 100 135 135 78 70 250 19,000 180

115 56 130 130 700 105 61 190 300 1,500 110 150 150 84 80 275 21,000 200

140 57 140 140 925 155 63 210 315 1,775 130 165 185 100 80 275

155 65 150 155 1,000 170 68 230 350 1,950 140 180 200 110

230 88 200 200 2,050 285 88 285 625 2,650 175 225 250 140

300

210 80 180 180 1,850 260 80 260 575 2,400 160 205 230 130 100 355

295

320

420

88

275 90 260 230 2,500 305 100 310 635

305 100 285 255 2,750 340 110 345 700

315 120 300 275 2,750 340 120 400 1,050

345 130 330 300 3,000 375 130 440 1,150

400 145 325 400 3,750 420 175 750

435 160 355 450 4,125 460 190 825

800 340 1,000 1,000

880 375 1,100

385

190 320 240 165 110 385

210 350 260 180 120 415

230 340 255 205 165 410

250 375 280 225 180 450

365 400 340 225 210 450

400 440 375 245 230 485

725 1,075 450 400 370 890

800 1,175 550 440 410 975

460

550

600

750

825

1,050

1,150

110

1,100

~

DEMAND NOTES 3,700 15,000 12,000 23,000 115K 90,000

16,500 30,000 25,000 32,000 125K 125K

33,000 43,000 35,000 44,000 135K I 140K

48,000 50,000 49,000 55,000 155K I 170K

55,000 65,000 60,000 70,000 190KI 185K

75,000 85,000 80,000 110K 235K 205K

2,000 3,800 2,125 5,250 11.000 250K 155K 2,700 5,700 2,450 4,300 15,000 145K 130K 1,375 1,875 39,000 850 1,700 1,100 6,250 3,850 440K 80,000 925 1,600 1,250 4,300 2,850 44,000 35,500 690 3,200 900 875 9,200 900 900 1,000 575 1.800 1,700 1,650 2,075 1,750 1,650 15,000 15,000 77.000 45,000 4,400 440 200 290 625 8.650

2,300 5,850 2,850 7,600 14.500

U.S. NOTES (LEGAL TENDER] 145 290 335 480 1.250 6,000 12,500 210 345 180 340 1,100 6,450 6,800 95 185 2,500 73 165 105 475 525 125K 5,500 80 145 105 310 465 2,450 4,200 90 300 85 90 625 90 95 87 82 215 220 210 275 225 185 1,650 1,550 3.900 3,200 400 65 45 50 80 475

260 460 395 850 1.750 13,000 27,500 375 525 385 585 1,650 17,000 14,000 145 325 4,500 100 330 150 950 975 185K 13,000 115 305 175 575 600 4,200 7,500 140 425 110 120 925 115 150 150 105 400 365 320 365 320 275 3.250 2,375 7.250 6,000 515 120 60 65 115 1,000

160 320 370 540 1.375 6,600 14,000 230 375 195 375 1,200 7,000 7,600 105 205 2,750 80 180 115 525 575 135K 6,000 90 160 115 340 515 2,700 4,600 100 330 95 100 675 100 105 97 90 235 240 230 300 250 205 1,800 1,700 4.300 3,500 440 70 50 55 90 525

435 900 525 1,300 3.250 27,500 45,000 575 1,150 700 850 3,200 35,500 24,500 250 575 5,750 160 510 275 1,650 1,375 225K 24,000 200 475 330 750 850 7,500 12,500 200 685 180 210 1,575 145 285 300 130 575 650 450 550 365 365 5,000 2,850 15.000 11,500 650 140 70 70 135 2.700

285 500 430 925 1.950 14,500 30,000 405 575 415 640 1,800 19,000 15,500 160 355 5,000 no 360 165 1.050 1,075 205K 14,500 125 335 195 625 660 4,600 8,500 155 465 120 1301 1,025 125 165 165 115 435 400 350 400 350 300 3,550 2,600 8.000 6,600 565 130 65 70 125 1,100

475 975 575 1,425 3.550 30,000 50,000 625 1,275 825 925 3,500 39,000 27,000 275 625 6,300 180 560 300 1.800 1,500 250K 26,500 220 525 365 850 925 8,250 13,750 220 750 200 230 1,750 160 310 330 145 625 710 500 600 400 405 5,500 3,150 16,500 12,500 715 150 75 75 150 3.000

740 1,950 825 2,400 5.250 45,000 60,000 1,450 2.800 1,250 1,475 4,750 65.000 40,000 525 1,050 7,400 335 750 425 1.950 2,000 300K 36,000 340 625 500 1,200 1.150 12.500 17.500 330 1.225 265 375 3,800 235 485 475 240 825 850 800 1,150 800 725 6,500 6,400 28.000 23,500 1,900 300 105 120 265 4.250

815 2,150 900 2,600 5.750 50,000 70,000 1,600 3,100 1,375 1,650 5,250 71,000 44,000 575 1,150 8,100 360 825 475 2,150 2,200 325K 40,000 375 675 550 1,300 1.250 14,000 19,500 365 1,350 290 410 4,200 260 535 525 265 900 950 875 1,250 875 800 7,100 7,000 31.000 26,000 2,075 325 115 130 290 4.650

1,075 2,550 1,150 2,750 7.000 85,000 85,000 1,950 3,850 1,950 2,200 7,750 90,000 70,000 750 1,275 10,500 550 1,000 525 2.500 2,400 325K 55,000 575 800 650 1,850 1.650 20,000 24,000 525 1.850 420 550 5,000 400 600 550 325 1.200 1,200 1,050 1,500 1.050 1,000 8,750 8,500 43 500 28,500 2,550 340 135 170 375 5.800

1,175 2,800 1,250 3,000 7.750 93,000 95,000 2,150 4,250 2,150 2,400 8,500 100K 77,000 825 1,375 11,500 600 1,100 575 2,750 2,650 350K 65,000 625 880 710 2,050 1.800 22,000 26,500 575 2,050 460 600 5,500 440 675 600 360 1.325 1,300 1,150 1,650 1,150 1,100 9,500 9,300 47.500 31,000 2,800 370 150 185 410 6.350

1,400 2,900 1,175 3,200 8.250 110K 95,000 2,350 4,400 2,100 3,250 10,250 100K 80,000 975 1,450 19,000 685 1,225 750 3.000 2,750 375K 65,000 640 1,125 950 3,050 1.950 25,000 26,500 600 2.300 625 700 5,750 750 775 700 500 1.450 1,350 1,350 1,700 1,400 1,150 10,100 10,000 55.000 34,500 3,450 385 170 230 500 6.750

1,550 3,200 1,275 3,500 9.000 120K 105K 2,600 4,800 2,300 3,550 11,250 110K 88,000 1,075 1,600 21,000 750 1,350 825 3.300 3,000 405K 75,000 700 1,225 1,050 3,350 2,150 27,500 29,000 650 2,550 685 775 6,250 825 850 775 550 1.600 1,500 1,500 1,850 1,550 1,250 11,100 11,000 60.000 37,500 3,800 425 190 250 550 7.500

1,800 3,500 1,925 4,750 10.000 225K 145K 2,450 5,200 2,250 3,950 13,750 130K 120K 1,275 1,700 35,000 775 1,550 1,000 5,750 3,500 400K 70,000 850 1,450 1,150 3,900 2.600 40,000 32,500 630 2,900 800 800 8,300 825 825 900 525 1.650 1,550 1,500 1,875 1,600 1,500 13,750 13,750 70.000 41,000 4,000 400 180 265 575 7.900

2,100 5,300 2,600 7,000 13.000

4,600 8,000 5,500 17.500 16.500

5,000 15,000 8,800 17.500 8,500 6,000 19,000 25,000 18.000 32.500

IV (V Al

IV IV IV

210K 7,300 13,500 4,350 10,000 34,000 195K 175K 2,500 4,250 90,000 1,350 2,700 1,800 16.000 7,350 500K 100K 1.675 3,450 2,000 8,500 3.750 95,000 55,000 1,100 5,500 1,000 2,100 30,000 1.300 2,500 1,375 1,150 3.400 2,750 2.500 3,850 3.500 2,900 25,000 20,000 95.000 70,000 6,600 640 375 460 850 12.600

230K 8,000 15,000 4,750 11,000 37,000 215K 190K 2,750 4,650 100K 1,450 3,000 1,950 17,500 8,050 550K 110K 1,800 3,750 2,200 9,500 4,150 105K 60,000 1,200 6,000 1,100 2,300 33,000 1.425 2,750 1,500 1,250 3.750 3,000 2,750 4,250 3,850 3,200 27,500 22,000 105K 77,000 7,250 700 415 500 920 13.800

60,000 70,000 70,000 80,000 115K 105K 140K

77,000 88,000 125K

175K 195K 5.000 5,500 7.900 8,700 3,600 3,850 5,250 5,750 20,000 21,850 160K 175K 140K 155K 1,850 2,050 2,300 2,550 60,000 66,000 820 900 1,950 2,150 1,050 1,150 7.700 8,500 4,450 4,850 425K 475K 80,000 90,000 1.050 1.150 1,850 2,025 1,450 1.600 5.750 6,300 2.750 3,050 62.500 70,000 37.500 42,500 675 750 3.750 4,100 875 975 1,300 1,425 13,500 15,000 900 1.000 950 1,050 925 1,000 575 625 2.000 2.200 1,700 1,850 1,600 1,725 2,000 2,200 1,950 2,150 1,700 1,850 14,750 16,000 16,250 17,750 75.000 82.000 50,000 55,000 4,850 5,250 490 540 200 220 315 345 600 650 10,100 11,10

16,500 19,500 9,250 27,500 35.500

20,000 28,750 8,500 20,000 62,500

22,000 32,000 9,250 22,000 68,500

225K 5,500 8,000 145K 3,000 4,500 4,250 23.500 13,500

250K 6,000 8,800 155K 3,250 4,900 4,650 26.000 15,000

m IV IV

IV IV Al

4.250 7,250 4,300 19,500 11,000

4.650 8,000 4,700 21,500 12,000

IV IV IM

IV Al IV

3,150 20,000 2,750 4,200 60,000 3.400 4.200 3,300 2.200 6.500 6,500 4,300 10,000 6,750 4,500 40,000 35,000

3,450 22,000 3,000 4,600 66,000 3,700 4,600 3,600 2,450 7.150 7,150 4,750 11,000 7,400 5,000 45,000 38,000

IV IV iv

IV IV IV

Al Al Al

IV IV IV

15,500 1,800 1 175 1,700 2,750 25.000

16,500 1,950 1.275 1,875 3,000 27.500

AlAIAI

IV IV IV

~

IV IV >V 1

COMPOUND INTEREST TREASURY NOTES p86^^F 1 1863-64 $20 I 1863-64 $50 1 1863-64 $100

FR FR FR

191 192 193

1,650 13,000 22.500

1,650 2,600 1.800 3,000 14,500 27,000 25,000 40.000

6,500 2,850 3,350 13,500 30,000 45,000 44,000 70.000

7,100 11,750 15,000 27,000 50,000 65,000 77,000 90.000

13,000 30,000 70,000 100K

21,000 35,000 75,000 95.000

23,000 30,000 38,000 39,500 82,000 80,000 105K 105K

33,000 43,000 88,000 115K

50,000 60,000 90,000 120K

55,000 55,000 65,000 65,000 100K 95,000 125K 135K

8,300 38,500 125K 200K 1,375 2,100 9.500 9.500 55,000 1,100 3,100 3 000 3,150 5,750 11,000 95.000 1,950 4,300 8,600 475 400 320 825 2.100 2,650 80 3,100

9,100 42,500 135K 220K 1,500 2,300 10,500 10,500 60,000 1,200 3,400 3.300 3,450 6,250 12,000 105K 2,150 4,700 9,400 525 440 350 900 2,300 2,900 90 3,400

Al Al

IV IV IV

IV IV IV

■ ■

INTEREST BEARING NOTES 18,000 24,500 27,500 | 40,000

27,000 31,000 44,000 |57,500

34,000 65,000 |

REFUNDING CERTIFICATES 2.450 I

3,650

4,000 I 5.750

6.250 I 6,500

SILVER CERTIFICATES 1880 $20 1880 $50

FR FR

309-312 325-329

1886 $1 1886 $2 1886 $5

FR FR FR

215-221 240-244 259-265

1886 $20 1891 $1 1891 $2

FR FR FR

313-316 222-223 245-246

1891 $10 1891 $20 1891 $50

FR FR FR

298-301 317-322 330-335

1896 $1 1896 $2 1896 $5

FR FR FR

224-225 247-248 268-270

1899 $1 date below 1899 $1 date right 1899 $2

FR226A-229 FR 230-236 FR 249-258

1908 $10 1923 $1

FR FR

302-304 237-239

1890 $2 1890 $5

FR FR FR

347-349 353-355 359-361

1890 $20 1891 $1

FR FR

372-374 350-352

1891 $5 1891 $10 1891 $20

FR FR FR

362-365 369-371

2,000 3,850 5.250 130 240 635 475 1,275 140 210 245 185 485 1,250 4,100

ioo 315 575 90 60 60 88 300 255 20 480

1,650 2,200 3,200 4,250 8,500 5.750 14,000 250 145 450 265 1,025 700 800 525 1,375 3,000 180 150 330 230 350 270 425 205 825 535 1,375 1,850 4,500 7.000 250 no 500 345 600 625 105 100 92 + 65 85 + 65 155 95 375 330 410 280 25 22 500 525

2,600 6,750 3,500 9,500 22,000 15.500 25.000 300 275 600 500 1,950 1,150 1 775 900 5,500 3,300 315 200 625 360 675 385 775 465 1,050 900 3,250 2,000 7,700 18 000 275 275 750 550 1 725 675 115 115 110 100 95 95 180 170 450 425 675 450 33 28 850 550

2,850 7,350 24,000 27,500 330 650 2,100 1.950 6,000 345 675 750 850 1,150 3,550 20.000 300 825 1,900 125 120 105 200 500 740 36 950

4,500 10,000 46,000 60.000 500 1,275 4,350 3.800 14,500 500 1,500 1.200 1,350 2,600 5,800 30.000 685 2,500 4,250 210 175 165 340 1.000 1,150 50 1,800

4,950 11,150 50,000 70.000 550 1,375 4,750 4.150 16,000 550 1,650 1.325 1,475 2,850 6,300 33,000 750 2,750 4,600 230 195 180 370 1.100 1,250 55 2,000

6,000 22,000 70,000 120K 1,050 1,800 6,500 6.000 32,000 650 2,150 1.700 1,850 3,500 7,200 55.000 1,000 3,800 6,300 240 205 205 635 1,600 1,500 57 2.350

6,650 6,500 24,000 28,500 110K 77,000 175K 135K 1.300 1,150 2,000 2,000 7,200 7,100 7.300 6.500 36,000 50,000 1,000 725 2,750 2,350 2.550 1.850 2,800 2,000 4,750 3,800 8,500 7,900 62,500 75.000 1,700 1,100 4,150 4,100 7,200 6,900 . 335 265 285 225 285 225 800 700 1.950 1,750 1,950 1.650 70 62 2,900 2.550

7,300 32,500 120K 195K 1,450 2,200 7,900 8,000 55,000 1,100 3,000 2,800 3,100 5,250 9,500 85.000 1,850 4,550 7,900 365 315 315 875 2,100 2,150 78 3,150

10,500 11,500 44,000 48,500 140K 155K 240K 265K 1,975 2,175 2,200 2,400 12,000 13,500 14.000 15,500 62,500 70,000 1,200 1,300 3,850 4,200 3.250 3,550 4,150 4,550 8,800 9,600 15,000 16,500 120K 130K i>2.UUU aaa — z,zuu o onn 4,500 5,000 9,000 10,000 675 750 450 500 355 390 1,050 1,150 2.700 2,950 3,700 4,100 90 100 3,775 4,175

treasury notes or coin notes 170 325 220 475 1,450 90 200 215 275 1,600

350 240 525 1,600 100 220 235 305 1,750

375 725 375 750 2,750 140 385 335 525 2,400

415 800 415 825 3,025 155 425 370 575 2,700

485 1,350 850 1.300 5,000 210 700 600 875 3 450

525 1,500 925 1.450 5,500 230 775 650 950 3,750

1.450 3.450 1,500 2.700 7,000 420 1.150 825 1,275 5,950

1,600 2,200 3,750 6,300 1,650 3,500 3.000 3.400 7,750 10,000 650 460 1,250 1.800 1,200 900 1,400 1,500 6,500 6,750

2,400 7,000 3.850 3,750 11,000 700 1,950 1,325 1,650 7,500

2,600 7,000 3,700 3.850 11,750 770 2.100 1,425 2,150 7,600

2,850 7,800 4,050 4,250 12,750 850 2.300 1,575 2,350 8,300

3,250

8.500 5,000 5.500 15,000 800 2.375 2,100 3,000 10,000

4,3DU 3,53U 9,500 10,750 5,500 8,000 6,000 7,250 16,500 18,500 825 875 2,550 2,650 2,300 2,350 3,300 3,600 11,000 12,000

4,/OU 11,750 8,750 8,000 20,500 900 2,875 2,550 3,950 13,250

18,500 60,000 225K 300K i)2,600 /“AA +i 3,500 16,000 27.500 87,500 1,650 7.500 5.500 9,000 17,250 25,000 160K Cj , DUU 5,800 13,000 825 615 520 1,435 4,500 caa 1i i1,6UU 125 5,800

1U.IUU 25,000 12000 17,000 42,500 1,275 3,250

20,500 33,uuu 65,000 80,000 300K 250K 330K iv iv iv i) Qcn 2,o50 5,825 3,850 17,250 50,000 30,000 47.500 97,500 4,800 1,800 8,250 15,500 12.000 6.000 10,000 19,000 47,000 27,500 55,000 200K 175K C, l DU 6,300 16,000 14,250 20,000 2.500 900 675 | 1,225 570 3,500 1,575 9,200 4,950 i o cnn 1Z.DUU 440 135 6,350

li.lUU 27,500 13,000 18,500 46,500 1,375 3,575

O AAA

3,200

O CAA

4,400 17,000

4,800 18,500

lits.mju

87,000 330K iv iv iv 6,325 55,000 52,500 5,200 17,000 13.000 52,000 60,000 220K 17,500 22,000 2.750 1,375 3,800 10,000 485 16,500

42.500 23.500 28.500 62,500 2,750 6,250

46,500 25,500 31,000 68,500 3,000 7,000

11,000 37,500

12,000 41,000

3,500


Stack's Bowers Galleries Official Auctions of the ANA World's Fair of Money and ANA/PNG Pre-Show Bid on these Exceptional Highlights and Thousands More Coin and Currency Lots!

AUGUST 12-20,2011 • CHICAGO, ILLINOIS

MA-3. December 10,1690. Denver, Colorado. Clark, Gruber & Co. ND (1860's). $5. 20 Shillings. PCGS Choice About New 58PPQ (Finest PCGS Apparent Very Fine 30. Known Marbled Border Note) (Legendary Clark, Gruber & Co

Fr. 179.1880 $100 Legal Tender Note. PCGS Choice About New 55. (Vibrant Lincoln & Reconstruction One Hundred)

Fr. 275.1899 $5 Silver Certificate. PCGS Apparent Choice About New 55. Serial Number 1. (Striking Number One Chief)

jili

dm* Hundred tOOOQ3Q» A102213+ -5

Fr. 326 1880 $50 Silver Certificate. PCGS Apparent Very Fine 25. (Rare Brown Seal, Black Back Fifty)

Fr. 342.1880 $100 Silver Certificate. PCGS Very Fine 35. (Stunning Monroe One Hundred Dollar Silver)

Fr. 1219e. 1907 $1,000 Gold Certificate. PMG Choice Uncirculated 63. (Trophy Worthy 1907 Thousand Dollar Gold)

Fr. 2210a-H^ 1928 $1,000 Federal Reserve Sacramento, California. $5 1872. Fr. 1138. Missoula, Montana Territory. $1 1865 Star Note PCGS Extremely Fine 45 PPQ. National Gold Bank of D O. Mills and Co. Charter #2014 Original Series. Fr. 382. Missoula NB. (Finest Known PCGS 1928 PCGS Extremely Fine 40. Serial Number One. (Historically Charter #2106. PMG Very Fine 30. One Thousand Dollar Replacement) Important Number 1 National Gold Bank Note) (Magnificent Montana Territory Ace)

Fr. 1605a. 1934 $1 Silver Certificate. Transitional. Overprint Type of 1928. PCGS Choice About New 55 PPQ. (Incredible Newly Discovered Transitional Note)

Newcastle, Wyoming. $10 1902 RS. Fr. 613. First NB. Charter #7198. Extremely Fine. Serial Number One. Repaired. (Newly Discovered Number 1 Red Seal)

Don’t Miss the Auction Event of the Year! Catalogs will be available in July - call to request yours or view online at www.stacksbowers.com.

800.458.4646 West Coast Office

(taeh »3owe*& ^

GALLERIES A Spectrum Group International Company

800.566.2580 East Coast Office

18061 Fitch, Irvine, CA 92614 • 949.253.0916 info@stacksbowers.com • www.stacksbowers.com California • New York • New England • Hong Kong SBG CDNGS ANACurrHLs 6.23.11


ULY 2011

the CURRENCY DEALER NEWSLETTER~

PAGE 4

I

NATIONAL BANK NOTES SERIES DENOMINATION

FRIEDBERG VG 8 NUMBERS BID ASK

FINE 12 XF 40 AU 50 CU 60 VF 20 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 1 BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK 1 ASK BID ASK BID

1st ISSUE Original $1 rays 1875 $1 scallops Original $2 rays

FR FR FR

380-382 383-386 387-389

400 425 2,050

450 465 2,250

665 600 2,650

730 660 2,875

800 925 4,200

875 1,000 4,600

1,375 1,375 5,450

1,500 1,500 5,950

1,850 1,850 7,000

2,050 2,050 7,600

2,300 2,375 7,750

2,525 2,600 8,450

2,950 2,700 9,000

1875 $2 scallops Original $5 rays 1875 $5 scallops Original $10 rays

FR FR FR FR

390-393 394-399 401-408 409-414

2,650 925 800 1,000

2,900 1,025 875 1,100

3,100 1,050 900 1,350

3,400 1,150 975 1,475

3,750 1,375 1,250 1,700

4,025 1,525 1,375 1,850

5,450 2,000 2,000 2,250

5,950 2,200 2,200 2,450

7,000 2,600 2,600 3,100

7,600 2,850 2,850 3,400

7,850 3,250 3,250 4,350

8,550 3,550 3,550 4,750

9,100 3,750 3,750 4,900

3,250 3,300 3,000 3,300 9,800 10,500 9,900 11,000 4,100 4,650 4,100 4,450 5,400 6,000

1875 $10 scallops Original $20 rays 1875 $20 scallops

FR FR FR

416-423 424-429 431-439

1,000 1,900 1,675

1,100 2,100 1,825

1,150 2,200 1,725

1,250 2,450 1,900

1,500 2,550 2,250

1,650 2,800 2,475

2,150 3,100 3,100

2,350 3,400 3,400

3,000 4,200 4,200

3,300 4,600 4,600

4,150 5,300 5,300

4,550 5,800 5,800

4,600 6,000 6,000

5,000 6,600 6,600

Original $50 rays 1875 $50 scallops Original $100 rays 1875 $100 scallops

FR FR FR FR

440-443 444-451 452-455 456-463

11,000 11,000 13,000 13,000

12,000 12,000 14,250 14,250

12,000 12,000 14,250 14,250

13,000 13,000 15,750 15,750

13,000 13,000 15,250 15,250

14,250 14,250 16,750 16,750

14,000 14,000 17,500 17,500

15,500 15,500 19,500 19,500

18,050 18,050 26,100 26,100

20,000 20,000 28,500 28,500

20,050 20,050 28,500 28,050

22,000 22,550 22,000 22,550 31,500 34,400 31,500 34,400

25,000 25,000 38,000 38,000

1 I 1 1 1 I

SECOND CHARTER-1 st ISSUE (BROWN BACK) 1882 $5 FR 466-478 FR 1882 $10 479-492 1882 $20 FR 493-506 FR 1882 $50 507-513 FR 1882 $100 519-531

320 325 385 3,300 3,750

350 350 425 3,600 4,100

340 340 450 3,650 3,800

375 375 500 4,000 4,175

440 460 700 4,150 5,000

480 500 775 4,550 5,500

750 850 1,150 6,000 8,000

825 1,025 925 1,200 1,250 1,900 6,600 7.000 8,800 11,250

1,100 1,325 2,100 7,700 12,500

1,175 1,825 2,350 10,000 13,500

1,275 2,000 2,600 11,000 15,000

1,250 2,200 2,750 12,500 16,000

1,350 1,575 2,425 2,300 3,000 3,150 13,500 15,000 18,000 18,000

1 I I 1 1 1

SECOND CHARTER-2nd ISSUE (DATE BACK) 1882 $5 FR 532-538 FR 1882 $10 539-548 FR 549-557 1882 $20 558-565 FR 1882 $50 FR 566-572 1882 $100

270 350 625 3,500 5,100

290 385 675 3,800 5,600

310 430 680 3,700 5,500

340 475 740 4,000 6,000

375 525 725 4,500 6,700

410 575 800 4,950 7,300

700 800 1,100 4,700 7,900

770 1,050 875 1,225 1,200 1,900 5,150 6,750 8,700 11,000

1,150 1,350 2,100 7,300 12,000

1,500 1,600 2,000 9,500 13,000

1,650 1,750 2,150 10,500 14,500

1,650 2,200 2,375 11,000 14,000

1,800 1,725 2,400 2,500 2,575 2,500 12,500 13,500 16,000 16,000

1 SECOND CHARTER-3rd ISSUE (VALUE BACK) 1 1882 $5 FR 573-575 FR 576-579 1882 $10 FR 580-585 1882 $20 FR 586 1882 $50 FR 586 A 1882 $100 THIRD CHARTER-1 st ISSUE 1902 $5 red seal

425 410 600 37,500 70,000

465 550 450 500 625 675 42,000 45,000 80,000 80,000

600 550 700 50,000 90,000

600 650 925 55,000 NNN

850 660 1,100 700 1,000 1,650 60,000 65,000 ev <\> rw ~~~

925 1,300 1,200 1,450 1,800 2,050 70,000 75,000 ~~~ ~~~

1,450 1,800 1,600 2,050 2,250 2,700 82,000 90,000 ~~~ ~~~

2,000 2,250 3,000 100K ~~~

2,000 2,300 3,100 100K

3,600 3,600 11,500

4,750 4,750 14,500

5,250 5,250 16,000

12,000 5,000 4,850 6,600

16,500 6,500 6,350 7,500

18,500 7,100 7,000 8,200

5,850 6,700 6,700

6,350 7,300 7,300

8,000 9,100 9,100

8,875 10,000 10,000

24.500 24,500 38,500 38,500

27,000 27,000 42,500 42,500

28,700 28,700 48,500 48,500

31,000 31,000 52,500 52,500

ryj ryj ry, ryj ryj ryj ryr ryj ryj rrj ry, nj ryj ryj ryj r\r ryj ryj ryj ry, ryj

1,725 1,825 2,400 2,550 3,450 4,000 16,500 22,500 20,000 24,000

2,000 3,000 4,750 2,650 7,500 4,350 25,000 33,000 26,500 35,000

3,350 5,200 8,300 36,000 38,500

1,900 2,750 2,700 15,000 18,000

2,075 3,600 2,850 20,000 22,000

1,925 3,250 2,650 18,000 20,000

rv ry, ry.

ry, „ *J ryj ryj ry. (VMM

3,000 3,650

As

3,350 4,050

ryj ryj ry, ryj ryj ryj ru ryj ryj

ryj ryj ryj rv ry, ryj

4,850 5,500

ry ^

~

3,100 2,950 4,250 ~~~ ~~~

3,400 3,250 4,650 ~~~

ryj ryj ryj ryj ry.

~~~

2,650 2,900 3,750 ~~~ ^~~

5,300 6,000 ~~~ ~~~

~ ~ ~

~ ~ ~

~ ~ ~

1,775 1,750 2,300 2,600 2,850 3,000 11,500 12,000 13,750 13,500

1,900 2,850 3,250 13,500 15,000

1,950 3,050 5,500 15,500 18,500

2,150 3,350 6,000 17,000 20,500

2,200 2,500 3,400 110K ~~~

2,400 2,600 3,400 ""IMV

300 400 475 4,500 5,300

330 440 525 5,000 5,800

350 430 500 4,750 5,750

385 475 550 5,250 6,400

485 550 650 5,000 6,000

525 600 725 5,500 6,600

750 1,150 1,500 5,750 7,000

825 1,250 1,650 6,250 7,700

1,000 1,550 1,875 7,000 8,500

1,100 1,700 2,050 7,700 9,300

1,425 1,800 2,400 9,000 10,500

1,575 2,000 2,650 10,000 11,500

1,600 2,100 2,600 10,500 12,500

| THIRD CHARTER-2nd ISSUE (DATE BACK) 1 1902 $5 blue seal FR 590-597 FR 616-623 642-649 FR 667-674 FR 689-697 FR 1902 $100 blue seal

100 110 115 625 950

110 120 130 675 1,050

120 120 130 640 1,275

130 130 140 700 1,400

175 175 155 750 1,650

195 195 165 825 1,800

275 280 280 1,900 2,850

300 310 310 2,100 3,150

410 400 425 2,600 3,500

450 440 465 2,850 3,850

500 435 500 3,600 4,900

550 475 550 3,950 5,300

550 460 550 3,900 5,000

600 500 600 4,250 5,500

630 635 640 4,200 5,200

680 690 700 4,650 5,700

825 850 900 6,300 7,000

925 950 1,000 6,900 8,000

75 75 85 525 875

85 85 95 575 950

100 100 110 580 1,050

110 110 120 630 1,150

120 120 125 750 1,250

130 130 140 825 1,375

200 220 235 1,475 2,300

220 240 260 1,600 2,550

230 275 320 2,100 2,500

250 300 355 2,300 2,750

315 365 400 2,500 3,200

345 400 435 2,750 3,500

375 440 515 2,700 3,450

410 480 565 3,000 3,750

475 460 550 3,750 3^650

520 500 610 4,100 4,000

525 600 725 5,400 6W0

575 650 800 5,900 6,600

65 250 185

72 275 200

85 360 250

95 400 275

120 630 420

320 1,600 1,025

300 1,700 1,050

330 1,850 1,150

750 2,300 1,525

825 2,500 1,675

1,100 1,700 6,700

1,450 2,500 8,800

1,600 2,700 9,600

2,800 4,900 13,750

1902 $100 red seal

8,800

ryj ryj ry, ryj ryj ryj ryj ryj ryj ryj ry, ryj ryj ryj ry. ^ ryj ryj ryj ryj ry> ry, ry, ry, ryj ryj ry, ryj ry. ryj ryj ry. ry, ry, ry.

587-589 613-615 639-641 664-666 686-688

FR FR FR FR FR

8,000

THIRD CHARTER-3rd ISSUE 1902 $5 blue seal 1902 $ 10 blue seal 1902 $20 blue seal 1902 $50 blue seal 1902 $100 blue seal

FR FR FR FR FR

598-612 624-638 650-663 675-685 698-707

1918 $1 1918 $2 1915/18 $5

FR FR FR

708-746 747-780 781-809

200 110

60 220 120

1915/18 $10 1915/18 $20 1918 $50

FR FR FR

810-821 822-830 831

685 950 3,000

750 1,050 3,300

1,000 1,575 6,100

1914 1914 1914 1914

$5 red seal $5 blue seal $10 red $10 blue

FR FR FR FR

832-843 844-891 892-903 904-951

120 40 + 155 42 +

130 44 170 46

140 57 210 60

155 62 230 65

275 75 410 65

300 82 450 70

580 85 850 105

630 92 925 115

950 105 1,350 120

1,050 115 1,500 130

1,400 140 1,950 150

1,550 155 2,150 165

1,475 160 2,250 195

1914 1914 1914 1914

$20 $20 $50 $50

red blue red blue

952-963 FR FR 964-1011 FR 1012-1023 FR 1024-1071

180 50 750

200 55 825 120

325 75 1,300 150

355 82 1,425 165

435 80 2,200 200

475 85 2,400 220

1,250 150 4,250 510

1,375 165 4,650 560

1,800 180 6,000 675

2,000 200 6,600 750

2,600 220 6,900 900

2,850 240 7,400 1,000

3,800 300 9,000 1,550

4.100 4,500 375 330 10,000 15,000 1,700 1,675

5,000 9,000 425 675 16,500 50,000 1,850 2,200

1914 1914 1918 17 10 1918

$100 red $ 100 blue $500 blue UIUV $1,000 blue

FR 1072-1083 FR 1084-1131 1132 FR FR 1133

800 265 2,900 3,100

900| 1,375 360 285| 3,200 6,300 3,400 7,100

1,500 385 6,900 7,800

2,100 400 12,000 15,000

7,700 10,000 1,800 1,700 24,500 28,000 42,000 36,000

11,000 25,000 2,000 2,100 31,000 35,000 46,500 75,000

30,000 45,000 2,300 3,000 40,000 50,000 85,000 90000

1 1870-75 $10 1 1870-75 $20

FR 1136-1141 FR 1142-1151 FR 1152-1159

2,300 3,700 12,500

2.500 5,000 4,200 10,000 14,000 32,500

5,500 11,000 35,000

12,000 35,000 67,500

13,250 38,000 74,000

35,000 45,000 85,000

80,000 75,000 95,000 95,000 150K 154K

85,000 105K 165K

1 1870-75 $50 1 1870-75 $100

FR 1160-1161 FR 1162-1166

175K 200K

195K 225K

200K 250K

225K 275K

300K 350K

335K 400K

400K 450K

750K 900K

850K 1 MIL

435 1,100 600 1,600

475 1,200 650 1,750

1,000 1,575 1,100 3,650

1,100 1,725 1,200 4,025

9,700 13,750 17,000 32.500 9,600 18.500 30,000 45,000 5,000 2,000 2,600 2,000 7,300 22,500 2,225 1,225

Aa

3,100

3,400

~ ~ ~

~ ~ ~

ryr >yj ry.

~ ~ ~

~ ~ ~

ry, ry, ry,

~ ~ ~

~ ~ ~

1,500 1,750 1,900

1,650 1,950 2,100

~ ~ ~

~ ~ ~

~

~ ~ ~

~ ~

1,200 1,275 1,350

1,350 1,400 1,500

~ ~ ~

~ ~ ~

FEDERAL RESERVE BANK NOTES 130 685 460

185 1,050 550

3,100 4,000 5,400 7,000 15,250 21,000

205 1,150 600

210 1,250 850

4,200 4,350 7,400 7,700 23,000 22,500

230 1,375 950

295 1,450 925

4,600 6,000 9,000 8,200 25,000 27,000

6,600 6,400 10,000 11,000 29,500 32,000

1,275 5,500 3,600

8,750 21,000 20,000 32,000 4^000 52^50^^

7,000 8,000 12,000 17,850 35,000 39,000

1,400 6,000 4,000 23,000 35,000 “7 7i ii i

FEDERAL RESERVE NOTES

no

2,300 4,350 950 440 13,500 17,000 16,500 24,000

4,750 6,000 1,050 1,150 19,000 20,000 26,500 29,500

7,000 6,600 1,550 1,250 22,000 22,000 32,500 33,000

1,600 175 2,500 215

1,900 240 2,500 240

2,100 265 2,750 265

5,750 1,000 30,000 1,275

6,350 1,100 33,000 1,400

10,000 30,000 1,750 750 110K 55,000 2,400 7,500 ' 110K 50,000 6,850 3,300 57,500 70,000 125K ^100K

33,000 1,950 120K 8,500

90,000 115K

100K 125K

15,000 30,000 35,000 70,000 20,000 50,000 105K 50,000 5,500 11,000 8.250 2,850 25,000 60,000 5.250 2,450

32,500 77,000 55,000 115K

5,250 3,350 16,000 27,500 17,500 34,000

5,750 30,000 37,500

2,850 435 5,700 500

2,600 395 5,200 460

120K 7,500 80,000 13M\

NATIONAL GOLD BANK NOTES 38,500 45,000 50,000 155,000 95,000 95,000 440K 500K

450K 500K

50,000 55,000 60,000 65,000 110K 105K 500K 550K

500K 550K

550K 600K

550K 600K

75,000 70,000 85,000 85,000 135K 140K 600K 600K 650K 700K

8,100 8,800 11,500 15.500 8,300 8,900 22,000 27.500

60,000 65,000 75,000 75,000 130K 120K

650K 800K

GOLD CERTIFICATES 1882 $50 1882 $100 1905 $20

FR 1188-1197 FR 1201-1214 FR 1179-1180

775 490 900

400 850 540 1,000

1906 1907 1913 1922

FR 1181-1186 FR 1167-1172 FR 1198-1199 FR 1173

95 88 385 68

105 95 425 75

160 140 425 120

175 155 465 135

240 165 575 145

265 180 625 160

1922 $20 1922 $50 1922 $100

FR FR FR

1187 1200 1215

90 325 485

100 355 520

130 365 625

145 400 685

230 460 735

250 500 800 i

1922 $500 1922 $1,000

FR 1216-1217 FR 1220

3,900 5,450

4,300 9,750 6,000 10,500

10,750 11,500

18,500 18,500

$20 $10 $50 $10

20,500 20,500

5,400 6,900 5,400 12,500

6,000 8,000 6,400 14,500

6,500 8,700 7,000 16,000

7,350 10,500 7,600 20,000

575 445 2,500 300

4,200 4,900 5,100 6,300 2,900 4,900 8,750 11,500 900 625 700 485 2,750 3,100 525 325

1,000 775 3,400 575

1,250 975 3,900 725

1,375 1,075 4,300 800

1,325 1,250 5,500 825

1,475 1,375 6,000 900

1,825 1,825 6,800 1,125

450 1,475 2,150

500 1,625 2,350

725 2,250 2,750

800 2,450 3,050

925 2,900 3,600

1,025 3,200 3,950

1,150 4,100 4,600

1,250 4,500 5,000

1.500 6,300 6.500

1,650 7,000 7,100

3,050 14,500 16,000

90,000 90,000 105K 105K

100K 115K

100K 115K

110K 125K

110K 125K

120K 135K

150K 155K

165K 170K

3,800 4,700 2,650 8,000

35,000 44,000

38,500 48,000 48,000 70,000

53,000 80,000 80,000 95,000

12,000 9,250 65,000 5,750

U.S. FRACTIONAL CURRENCY 80 44 100 37

88 48 110 40

120 52 160 70

130 56 175 75

180 68 275 80

200 74 300 90

415 115 475 240

455 125 510 260

800 365 625 700

875 400 675 770

77 45 120 60

115 60 190 95

125 66 210 105

170 78 290 140

185 85 320 155

275 145 410 200

300 160 450 220

620 165 775 315

685 180 850 340

1,200 650 1,750 725

1,325 700 1,900 800

44 175 31 175

48 190 34 200

46 250 44 290

50 275 48 320

55 490 60 575

60 540 65 625

80 640 80 850

90 700 90 950

235 1,250 200 1,650

260 1,375 220 1,800

400 2,500 325

440 2,750 360

22.00 68.00 30.00 60.00

32 125 50 110

35 135 55 120

45 185 115 215

49 200 125 235

88 410 160 345

95 450 175 375

128 675 250 585

140 735 275 650

210 975 335 1,025

230 1,075 360 1,150

450 1,650 850

500 1,800 950

36.00 53.00 31.00 27.00

40.00 58.00 34.00 29.00

50 68 40 36

65 95 60 50

70 105 65 55

72 175 130 70

80 190 140 80

115 250 175 90

125 275 190 100

190 400 215 190

210 440 235 205

500 560 800 500

550 610 875 550

24.00 35.00 22.00 22.00 20.00 33.00

30.00 40.00 26.00 40.00 27.00 60.00

33.00 44.00 28.00 44.00 29.00 70.00

45 55 36 60 37 105

50 60 39 65 40 115

90 100 50 90 60 195

100 110 55 100 65 215

130 155 60 155 95 315

140 170 65 170 105 345

185 165 75 170 105 475

205 180 80 185 115 525

205 290 130 320 160 650

225 320 140 350 175 725

800 750 525 725 400 1,400

880 825 575 800 440 1,550

63.00 60.00 50.00 66.00

95.00 95.00 80.00 80.00

105.00 105.00 88.00 88.00

110 125 85 90

120 135 95 100

170 160 140 165

185 175 155 180

220 245 185 180

240 270 205 200

230 270 190 220

255 300 210 240

375 320 365 435

410 350 400 475

1,050 800 850 1,500

1,150 880 950 1,650

FIRST ISSUE (1862-63) 5 cent perforated edges 5 cent straight edges 10 cent perforated edges 10 cent straight edges

FR FR FR FR

1228-1229 1230-1231 1240-1241 1242-1243

15.00 15.00 14.00 13.50

16.50 16.50 15.00 15.00

21.00 20.00 20.00 20.00

23.00 22.00 22.00 22.00

23.00 22.00 22.50 21.00

25.00 24.00 25.00 23.00

32.00 31.00 31.00 26.00

35.00 34.00 34.00 28.00

55 33 65 30

25 25 50 50

FR FR FR FR

1279-1280 1281-1282 1310-1311 1312-1313

16.00 15.00 22.00 18.50

17.50 16.25 24.00 20.00

19.00 18.50 25.00 21.50

21.00 20.50 27.00 23.50

22.00 19.00 29.00 23.50

24.00 21.00 32.00 25.50

42.00 28.00 43.00 32.00

46.00 31.00 47.00 35.00

70 40 110 55

SECOND ISSUE (1863-67) 5 cent 5 cent fiber paper 10 cent 10 cent fiber paper

FR 1232-1234 FR 1235 FR 1244-1248 FR 1249

15.00 17.00 13.50 15.00

16.50 18.50 15.00 16.25

20.00 23.00 17.00 19.50

22.00 25.00 18.50 21.50

22.00 35.00 20.00 30.00

24.00 38.00 22.00 33.00

29.00 90.00 27.00 85.00

32.00 100.00 29.00 95.00

25 25 50 50

FR FR FR FR

1283-1288 1289-1290 1314-1318 1320-1322

14.00 15.00 16.50 18.00

15.25 16.25 18.00 20.00

16.00 19.00 20.00 22.50

17.25 21.00 22.00 24.50

16.50 26.00 22.00 29.00

18.00 28.00 24.00 31.00

20.00 62.00 27.00 55.00

THIRD ISSUE (1864-69) 3 cent light background 3 cent dark background 5 cent red back 5 cent green back

FR 1226 FR 1227 FR 1236-1237 FR 1238-1239

30.00 30.00 15.00 15.00

33.00 33.00 16.50 16.50

34.00 40.00 20.00 20.00

37.00 44.00 22.00 22.00

35.00 44.00 23.00 22.00

38.00 48.00 25.00 24.00

10 10 10 25 25 25

cent cent cent cent cent cent

red back auto. green back red back green back fiber paper

FR FR FR FR FR FR

1251-1252 1253-1254 1255-1256 1291-1293 1294-1296 1297-1300

13.50 17.00 13.50 14.00 14.00 17.00

15.00 19.00 15.00 15.25 15.25 18.50

18.50 25.00 18.00 16.25 16.00 22.00

20.50 30.00 20.00 17.75 17.50 24.00

22.00 30.00 20.00 20.00 18.50 30.00

50 50 50 50

cent cent cent cent

Spinner-TY Spinner-Tv. Spinner-Tv. Spinner-ly.

1; red back FR 1324-1327 1; auto. FR 1328-1330 1; green back FR 1331-1338 2 FR 1339-1342

30.00 29.00 29.00 35.00

33.00 32.00 32.00 38.00

48.00 45.00 44.00 52.00

53.00 50.00 48.00 57.00

57.00 55.00 46.00 60.00

cent cent cent cent

perforated edges straight edges perforated edges straight edges

cent cent fiber paper cent cent fiber paper

www.cdnpublications.com


SER GIO SANCHEZ JR. CURRENCY U.S. LARGE SIZE NOTES SPECIALIST BUY • SELL • EXPERT APPRAISALS Large selection of US Notes, Treasury Notes, Silver Certificates, Gold Certificates, Nationals, Confederates, Colonials, & Obsoletes SMALL AND LARGE SIZE U.S. CURRENCY Paying TOP_ DOLLAR for your US Type Notes P.O. BOX 44-2809 MIAMI, FL. 33144-2809

TEL: (305) 567-1515 • FAX: (305) 567-1898 E-mail: sergio@sanchezcurrencv.com www.sanchezcurrency.com PCDA-SPMC-ANA Member


the CURRENCY DEALER NEWSLETTER

PAGE 5

U.S. FRACTIONAL CURRENCY continued SERIES DENOMINATION 50 50 50 50 50

cent Justice—red back cent Justice—red back; fiber cent Justice—auto. cent Justice—green back cent Justice—grn.back; fiber

FRIEDBERG NUMBERS

VG 8 BID ASK

FINE 12 VF 20 XF 40 AU 50 CU 60 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 1 BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK ASK BID ASK BID

FR FR FR FR FR

1343-1350 1357 1355-1356 1358-1369 1370-1373

37.00 75.00 40.00 36.00 41.00

40.00 52.00 85.00 140.00 45.00 50.00 40.00 43.00 45.00 52.00

FOURTH ISSUE (1869-75) 10 cent 15 cent 25 cent

FR FR FR

1257-1261 1267-1271 1301-1307

13.50 40.00 14.00

15.00 44.00 15.50

17.00 44.00 16.00

19.00 47.00 17.50

19.00 45.00 16.50

21.00 48.00 18.00

50 cent Lincoln 50 cent Stanton 50 cent Dexter

FR FR FR

1374-1375 1376 1379

45.00 18.50 18.50

50.00 20.00 20.00

70.00 22.50 21.50

75.00 24.50 23.50

85.00 30.00 26.00

FIFTH ISSUE (1874-76) 10 cent green seal 10 cent red seal 25 cent 50 cent

FR FR FR FR

1264 1265-1266 1308-1309 1380-1381

14.00 13.50 14.00 18.50

15.50 15.00 15.50 20.00

18.00 16.00 16.00 20.00

20.00 17.50 17.50 22.00

21.00 18.00 17.50 21.00

57.00 65.00 155.00 290.00 55.00 55.00 48.00 52.00 57.00 75.00

72.00 125.00 320.00 475.00 60.00 120.00 57.00 110.00 82.00 190.00

135.00 525.00 130.00 120.00 210.00

150 600 175 140 215

165 675 190 150 235

225 1,025 260 205 425

250 1,125 285 225 465

320 1,300 400 275 775

355 1,425 440 300 850

435 2,000 440 385 1,000

475 2,200 480 425 1,100

800 2,900 725 625 1,750

875 3,200 800 675 1,900

1,400 5,500 1,350 1,500 4,500

1,550 6,500 1,500 1,650 5,500

23.00 65.00 22.00

25.00 70.00 24.00

27 70 28

29 80 31

35 80 40

38 90 44

58 100 70

63 110 77

75 135 100

80 150 110

140 210 190

150 230 210

450 1,000 475

500 1,100 525

93.00 33.00 28.00

140.00 42.00 35.00

155.00 46.00 38.00

250 75 48

275 82 52

375 100 80

410 110 88

550 235 100

600 260 110

800 300 130

875 325 140

1,300 550 290

1,450 600 320

2,375 900 700

2,600 1,000 775

23.00 20.00 19.00 23.00

26.00 23.00 22.50 27.00

28.00 25.00 25.00 29.00

36 26 30 36

40 28 33 40

55 33 38 50

60 36 42 55

75 46 44 55

80 50 48 60

80 50 55 60

90 55 60 65

135 72 65 115

145 80 72 125

350 200 350 380

400 220 385 430

-

-

U.S. FRACTIONAL CURRENCY PROOF ANO SPECIMEN NOTES SERIES DENOMINATION

NARROW MARGIN WIDE MARGIN CU 60 CH CU 63 CU 60 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 VCH CU 64 GEM CU 65 SUP CU 67 FRIEDBERG ASK ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID NUMBERS BID

FIRST ISSUE 5 cent face 5 cent back 10 cent face 10 cent back

FR FR FR FR

1231 1231 1243 1243

40 35 40 31

44 38 44 34

70 55 60 40

80 60 65 44

85 65 70 45

95 70 80 50

125 80 90 60

140 90 100 65

210 115 250 190

235 125 275 210

85 75 105 65

25 25 50 50

FR FR FR FR

1282 1282 1313 1313

42 30 62 42

46 33 67 46

73 47 77 70

80 53 85 77

100 55 90 80

110 60 100 88

150 70 155 100

165 77 170 110

205 105 290 295

225 115 320 325

115

SECOND ISSUE 5 cent face 5 cent back 10 cent face 10 cent back

FR FR FR FR

1232 1232 1244 1244

44 30 43 26

48 33 47 28

73 53 65 45

80 58 70 50

90 65 85 55

100 72 95 60

125 85 120 70

135 95 130 77

175 125 185 115

195 135 205 125

ioo

25 25 50 50

FR FR FR FR

1283 1283 1314 1314

47 35 47 40

53 38 53 44

65 58 65 57

70 63 70 62

88 65 90 73

95 70 100 80

135 90 150

145 100 165

100

no

200 135 300 190

THIRD ISSUE 3 cent face light 3 cent face dark 3 cent back

FR 1226 FR 1227 FR 1226-1227

70 35 26

77 40 28

95 60 40

105 65 44

115 75 50

125 85 55

165 100 70

180 110 77

5 cent face 5 cent back red 5 cent back green

FR 1236-1238 FR 1236 FR 1238

42 40 28

46 45 31

58 75 45

63 85 50

70 85 68

77 95 75

115 120 95

10 cent 10 cent 10 cent 10 cent 10 cent

FR 1251 FR 1253 FR 1254 FR 1253-1254 FR 1255

50 68 170 50 35

55 74 185 55 38

60 85 210 80 65

65 95 230 90 70

80 100 225 95 85

88 110 250 105 93

25 cent face 25 cent back red 25 cent back green

FR 1291-1294 FR 1291 FR 1294

75 45 33

85 50 36

100 70 58

110 80 63

110 80 65

120 90 70

SPINNER 50 cent face—printed Colby & Spinner 50 cent face—auto. Colby & Spinner 50 cent face Allison & Spinner 50 cent face Jeffries & Spinner

FR FR FR FR

95 82 125 120 2,000 2,600 100 140

105 135 2,850 155

110 150 3,000 165

cent cent cent cent

cent cent cent cent

face back face back

face back face back

face—printed Colby & Spinner face—auto. Colby & Spinner face—auto. Jeffries & Spinner back red back green

50 cent back red 50 cent back green 50 cent back green Ty. 2

75 110 1,800 90

1324 1328 1329 1330

65 65 1,900

FR 1324-1330 FR 1331 FR 1339

JUSTICE 50 cent face—printed Colby & Spinner FR 50 cent face—auto. Colby & Spinner FR 50 cent face Jeffries & Spinner FR

100

85 70 85 70 2,100 2,200

95 95 2,400

2,650

ioo

95 85 115 70

120 95 145 105

130 105 160 115

195 160 220 155

215 175 240 170

345 275 355 265

380 300 385 290

525 435 550 475

575 475 600 525

125

125 160 180 135

135 175 200 150

180 185 230 175

200 200 255 190

335 290 330 320

365 320 360 350

600 590 625 615

650 640 690 665

175 145 160 150

195 185 170 160

210 200 185 175

250 220 225 220

275 240 245 240

400 380 400 350

440 420 440 385

100

no

165 105

180 115

90 80

100 90

90

100

160 130 145 135

220 150 330 210

145 120 140 135

160 130 155 145

160 145 210 170

175 160 230 185

205 170 290 215

225 185 320 235

285 230 415 315

310 255 455 345

525 350 650 600

575 385 715 660

fyj f\d nj

rv M Af

2,750 160 100

3,050 175 110

5,000 220 165

5,500 240 180

6,250 310 210

7,000 340 230

7,250 410 330

8,000 450 360

575 500

625 550

125 130 105

210 130 155

230 140 170

115 100 70

130 110 80

170 135 125

190 145 135

225 160 145

250 175 160

310 205 210

340 225 230

420 350 300

465 385 330

120 130 270 120 125

130 140 295 l30 135

M Al IM

A( A( AP

no

120 140 3,100 100 105

135 155 4,750 140 110

150 170 5,250 155 120

160 210 6,000 160 140

175 230 6,650 175 155

270 295 7,000 240 215

300 325 7,700 260 235

450 475

500 525

Al Al Al

Al Al A

430 415

470 450

135 95 75

120 105 80

140 125 105

155 135 115

170 160 128

185 175 140

285 245 170

320 265 185

440 425 340

480 465 375

140 120 200 165 3,300 4,400 225 180

425 330 475 375 13,200 13,000 5,500 6,500

465 525 14,250 7,000

570 600

620 660

165 230

180 255

130 2,800 90 95

150 105 82

165 130 115

180 145 125

110 95 73

155 220 4,850 250

Al Al Al

Al Al Al

190 200 9,000 2,000

135 135 2,900 3,750

145 145 4,100

250

275

Al Al IV

Al IV Al

Al Al Al

Al Al Al

Al Al Al

110

no

225

250

A IV AP

Al Al Al

350

400

Al Al IV

Al Al Al

no

300 285 340 330 12,000 12,000 4,750 5,000

260 210 300 220 10,000 11,000 2,200 4.300 165 150 3,550

180 165 3,850

220 190 4,500

245 210 4,900

350 275 5,800

420 385 400 315 9,300 6,300

465 440 10,300

130 250 2,150

145 275 2,350

210 285 4,300

230 310 4,750

270 370 5,000

295 400 5,500

400 500 6,500

440 550 7,000

600 875

650 975

385 345

425 390

465 430

1,650 2,500 8,000 1,700 2,800 1,750 2,850

2,750

750 L050

825 1050

95 120 170

105 130 190

125 155 255

135 170 280

135 165 295

145 180 325

155 180 390

170 200 430

Al IV Al

50 cent back red 50 cent back green

FR 1343-1357 FR 1358

44 43

48 47

73 65

80 70

80 70

88 77

100 90

110 100

140 115

155 125

125

135

ioo

no

190 135

210 150

250 185

275 205

355 315

GRANT AND SHERMAN 15 cent face—printed Colby & Spinner 15 cent face—auto. Colby & Spinner 15 cent face—auto. Jeffries & Spinner 15 cent face—auto. Allison & Spinner

FR FR FR FR

1272 1273 1274 1275

250 1,950 260 265

340 275 2,150 2,600 350 280 370 290

370 2,850 380 400

600 3,700 500 535

875 650 4,000 4,900 700 550 750 585

950 5,400 770 825

1,700

1,900

1,500 1,600

1,650 1,750

500 2,700 510 520

550 3,000 560 570

800 4,800 800 825

880 5,300 880 900

950 5,500 975 1,075

1,050 6,000 1,075 1,175

1,500 7,250 1,550 1,600

15 cent back green 15 cent back red

FR FR 1273-1276

140 140

185 200

205 220

260 260

330 330

365 365

620 620

685 685

265

290

290 325

320 350

325 425

355 465

435 575

285 285

AAA

145 145 3,250

1343 1355 1357A

155 155

Al Al Al

135 135 2,950

1

475 625

3,100 3,150

SMALL SIZE LEGAL TENDER NOTES SERIES DENOMINATION

FRIEDBERG NUMBERS

VG 8 BID ASK

FINE 12 BID ASK

BID

CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 CU 60 AU 50 XF 40 VF 20 ASK ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID 230 50 160 665

ioo

no

250 1,000

275 1,100

325 145 565 1,550

355 160 615 1,700

1,000 575 1,450 3,575

1,100 625 1,600 3,875

75 38 47 38

82 42 52 42

82 48 80 40

90 53 88 44

125 64 170 70

140 70 185 78

365 275 625 220

400 300 685 245

38 11.00 11.00 11.00

38 11.00 11.00 11.00

42 12.00 12.00 12.00

40 14.50 13.00 12.50

44 16.00 14.50 13.50

45 19.00 18.00 16.00

50 21.00 20.00 17.50

170 40 38 33

185 44 41 36

10.00 8.00 8.00 40

11.00 8.75 8.75 44

11.00 8.50 8.50 45

12.00 9.25 9.25 50

12.50 10.50 10.50 50

13.50 11.50 11.50 55

17.00 15.00 15.00 95

18.50 16.50 16.50 105

37 27 37 290

40 30 40 320

50 40 40

55 44 44

no

75 45 45 120

85 50 50 130

85 52 55 135

95 57 60 145

360 115 77 200

400 125 85 220

785 265 250 640

860 290 275 700

44.00 44.00 18.50 18.50

45.00 45.00 17.50 17.50

50.00 50.00 19.00 19.00

48.00 47.00 18.50 18.50

53.00 52.00 20.00 20.00

75.00 65.00 21.00 21.00

82.00 72.00 23.00 23.00

235 200 44 44

255 220 48 48

17.00 17.00 15.00

18.50 18.50 16.00

17.50 17.50 15.50

19.00 19.00 16.50

18.50 19.00 16.25

20.00 21.00 17.25

21.00 32.00 18.00

23.00 35.00 19.50

44 65 42

48 75 46

230 500

250 550

300 630

330 690

345 800

375 880

475 925

525 1,000

1,050 2,050

1,150 2,250

210 44 80 525

210 45 150 600

40 35 35 35

44 38 38 38

16.50 7.25 7.25 7.25

35 10.00 10.00 10.00

6.50 6.50 6.50 25.00

7.25 7.25 7.25 27.50

28.00 17.50 16.50 55.00

35.00 25.00 25.00 65.00

38.00 27.50 27.50 72.00

ioo

15.00 15.00 10.00 10.00

16.50 16.50 11.00 11.00

25.00 25.00 12.00 12.00

27.50 27.50 13.00 13.00

40.00 40.00 17.00 17.00

10.75 10.75 10.75

10.00 10.00 10.00

11.00 11.00 11.00

12.00 12.00 12.00

13.00 13.00 13.00

115 150

140 170

150 185

170 350

185 380

1928 1928 1928 1928

$1 $2 A $2 B 12

FR FR FR FR

1500 1501 1502 1503

70.00 7.50 8.75 25.00

75.00 8.50 9.75 27.00

75.00 8.00 12.00 45.00

82.00 9.00 13.00 50.00

115.00 9.00 19.00 95.00

125.00 10.00 21.00 105.00

145.00 10.50 38.00 225

160.00 11.50 42.00 250

180 15.00 60.00 300

200 16.50 70.00 330

190 40 70 475

1928 1928 1928 1928

C $2 D12 E 12 F 12

FR FR FR FR

1504 1505 1506 1507

7.00 7.00 7.20 7.00

7.75 7.75 8.00 7.75

8.00 8.00 8.15 8.00

8.75 8.75 9.15 8.75

9.00 8.25 9.25 8.25

10.00 9.00 10.25 9.25

10.50 9.25 11.50 9.50

11.50 10.25 12.50 10.50

16.00 15.00 17.00 15.00

17.50 16.50 19.00 16.50

1928 G 12 195312 1953 A 12 1953 B 12

FR FR FR FR

1508 1509 1510 1511

7.00 5.00 5.00 5.00

7.75 5.50 5.50 5.50

8.00 5.15 5.15 5.15

8.75 5.65 5.65 5.65

8.25 5.35 5.35 5.35

9.25 5.85 5.85 5.85

9.25 5.75 5.75 5.75

10.25 6.25 6.25 6.25

15.00 6.50 6.50 6.50

1953 1963 1963 1928

C12 12 A 12 15

FR FR FR FR

1512 1513 1514 1525

5.00 5.00 5.00 9.75

5.50 5.50 5.50 10.75

5.15 5.15 5.15 12.00

5.65 5.65 5.65 13.00

5.35 5.35 5.35 14.50

5.85 5.85 5.85 16.00

5.75 5.75 5.75 19.00

6.25 6.25 6.25 21.00

1928 1928 1928 1928

A 15 B15 C 15 D15

FR FR FR FR

1526 1527 1528 1529

10.50 9.50 9.50 14.75

11.50 10.50 10.50 16.25

12.25 11.50 11.50 20.50

13.25 12.50 12.50 22.50

16.00 12.50 12.50 40.00

17.50 13.50 13.50 45.00

26.00 16.00 15.00 50.00

1928 1928 1953 1953

E 15 F 15 15 A 15

FR FR FR FR

1530 1531 1532 1533

9.50 9.50 8.75 8.75

10.50 10.50 9.50 9.50

11.50 11.50 9.50 9.50

12.50 12.50 10.25 10.25

12.50 12.50 9.75 9.75

13.50 13.50 10.75 10.75

1953 B 15 1953 C15

FR FR

1534 1535

8.75 8.75 8.75

9.50 9.50 9.50

9.50 9.50 9.50

10.25 10.25 10.25

9.75 9.75 9.75

1966 1100

FR

1550

ioo

no

125

140

102 135

112 150

105 140

-

-

-

280

305

SMALL SIZE SILVER CERTIFICATES 1928 11 1928 A11

FR FR

1600 1601

20.00 20.00 20.00

1928 C11 1928 Dll 1928 E11

FR FR FR

1603 1604 1605

65.00 25.00 200.00 22.00

1935 11 1935 A 11 1935 B 11

FR FR FR

1607 1608 1611

2.75 1.60 1.90

22.00 22.00 22.00

24.00 24.00 24.00

72.00 82.00 27.00 31.00 220.00 320.00 24.00 26.00 3.00 1.70 2.10

5.00 2.00 3 50

26.00 26.00 26.00

25.00 25.00 25.00

90.00 130.00 57.00 34.00 350.00 360.00 27.00 28.00 5.50 2.20 3.75

5.10 2.50 3.60

26.00 26.00 26.00

28.00 28.00 28.00

33 33 33

36 36 36

42 42 48

46 46 53

45 44 52

50 48 57

48 47 57

53 52 62

64 58 75

70 65 82

230 210 250

255 230 275

145.00 210.00 62.00 105.00 400.00 700.00 28.00 29.00

230.00 115.00 775.00 31.00

280 140 850 31

310 155 925 34

360 165 1,075 42

400 185 1,175 46

450 240 1,400 46

500 260 1,550 50

600 260 1,600 53

660 285 1,750 57

685 410 2,300 82

750 450 2,500 90

1,700 1,100 4,200 285

1,850 1,200 4,600 310

5.70 3.20 4.00

5.30 3.40 3.80

5.80 3.75 4.10

7.00 6.75 8.00

7.75 7.50 9.00

14.50 8.00 9.00

15.50 9.00

22.00 11.50

24.00 12.50 13.00

39.00 14.50 16.50

43.00 16.00 18.00

60 36

67 40 50

27.00 27.00 27.00

5.60 2.75 3.85

5.20 2.90 3.70

www. cdnpublications. com

17.00


LY 2011

I

PACE 6

the CURRENCY DEALER NEWSLETTER SMALL SIZE SILVER CERTIFICATES continued

SERIES DENOMINATION

FRIEDBERG NUMBERS

11 1967 A tl 1967 B »l 1934 15 1934 A $3 19 u B 15 1934 C 13 1934 D IS • y\ 15 1963 A 15 1953 B IS 1933 S10 19.34 111 1934 A 110 1454 B 110 1454 c no 1454 D no 1455 no 1455 A no

rn FR FR FR FR FR FR FR FR FR FR FR FR FR PR FR FR FR FR FR FR FR FR FR FR FR FR

1652 1653 1654 1655 1656 1657 1700 1701 1702 1703 1704 1705 1706 1707

| 1935 A *R- tl 1935 A *S* $1

FR FR

1609 1610

l* D W II n P It M G »t IMS C valid MOTTO 11

1413 1613 1614

1617 1618 1620 1621 1650 1651

VG 8 FINE 12 BID ASK BID A'.K i*5T 1 50 1 SO 1 so

360 2.00 1 55 1.55 4.75 10.60 900 9.00 8.50 8 50 8.50 1.850 26 23 35 24 27 36 40 39

1 65 1 65 l 65 1 65 1 70 3.90 2.20 1 65 1 65 1 65 10.75 10.00 11 60 1000 10.00 9.50 9.50 9.50 2,100 28 25 38 26 29 39 44 43

i 1 80 160 1 80 1 80 3 25 3.90 3.50 1 65 1 65 1 65 10.35 9 30 11 25 9.25 9 25 9.25 9.25 9.25 2.850 29 24 50 26 29 40 42 41

-

BID

-1 95 1 95 1 95 1 95 3.50 4.20 3.80 1.75 1 75 1 75 11.35 10.30 12.25 10.25 10.25 10.25 10.25 10.25 3,100 32 26 55 28 32 43 46 45

CH CU 63 VCH CU 64 GEM CU 65 SUPCU67I CU 60 AU 50 XF 40 VF 20 ASK BID ASK BID ASK ,B!P ASK BID ASK ASK BID ASK ASK BID .... BID

2 6o 2 00 2.00 200 3 75 400 3.60 1 85 1.85 10.45 10.10 11 35 9 70 9.70 9.50 9.50 9.50 4.150 32 26 105 28 32 41 45 43

-

2.20 2 20 2.20 2.20 400 4.30 3.90 2.05 2.05 2.05 11.45 11.10 12.35 10.70 10.70 10.50 10.50 10.50 4,550 35 28 115 30 35 44 50 47

2 60 2 W) 2 60 2.60 4.05 4 45 4.00 2.50 2.50 2.50 11.65 11.20 12.45 11.10 11.10 11.00 11.00 11.00 5,750 40 38 330 37 38 50 60 50

2.35 2 35 2.35 2.35 3.80 4 10 3.70 2 25 2.25 2.25 10.65 10.20 11.45 10.10 10.10 10.00 10.00 10.00 5,250 37 35 300 34 35 45 55 45

3 10 3.10 3.10 3.10 3.85 4.20 3.80 3.10 3 10 3.10 14.00 12.50 15.00 13.00 12.50 13.00 12.50 12.50 6,750 45 43 525 40 43 55 80 55

625 600 6.00 600 725 22.00 725 5.00 5.50 5.50 17.00 16.00 18.50 16.00 16.00 15.00 14.00 14.00 7,500 75 77 1,000 70 75 72 105 75

3.35 3,35 3 35 3.35 4.10 4.55 4 10 3.35 3 35 3.35 15.50 13.50 16.00 14.00 13.50 14.50 13.50 13.50 7,350 50 47 575 44 47 60 90 60

6 75 6.50 6.50 6.50 800 24 00 8.00 5.50

-

8 7 7 7

725 6 50 6 50 6 50 825 24 00 8 25 6 25 625 6 25 22.00 18.00 23.00 17.50 17.50 17.00

6 25 6.25 18.50 17.50 20.00 17.50 17.50 16.50 15.00 15.00 8,250 80 85 1,100 80 82 80 115 82

25 50 50 50

9.00 26 00 900 700 7.00 700 24 00 20.00

7 50 7.50 33.00 25.00 36 00 20.00 20.00 18.00 17.00 17.00 15,750 90 170 2,000 88 80 88 240 120

25.00 19 00 19 00 18.50 17.50 17.50 8,750 88

16.00 16.00 8,000 80 105 1,550 80 78 78 185 82

OiSj 11 00 1000 10 00 10 00

1000 9.00 900 900 9 25 26.00 10.00

115 1,700 88 85 85 200 90

1025 28 50 11.00

-

U oo 16 00 1 i 80 13 80 1 1 HU 1700 00 19 00 10.50 10 00 10.00 60 00 40 00

8.50 8 50 36 00 27 00 40 00 68 00 22 00 42.00 22.00 42.00 20.00 25.00 24.00 19.00 19.00 24 00 17,250 20,000 100 125 190 290 2,200 3,300 95 128 90 170 95 105 265 300 130 140

17.50 14 80 14 80 14 80 18 GO 4300 21 00 11 50

34 00 28 00 28 00 33 00 110 00 3200 1500 1700 1700 100 00 100 00

11 00 11.00 65.00 44 00 75 00 250 00 46 00 115.00 46 00 8500 27()0 39 00 26.00 39 00 26.00 39 00 22,000 31,500 140 460 320 550 3,600 7,250 138 280 185 450 115 475 330 650 150 345

17 00 11 00 il 00 31 00 16 00 120 00 35 00

110 00 275 00 125 00 95.00 43 00 43.00 4300 34.500 500 600 8,000 300 500 525 700 375

R S S EXPERIMENTAL SILVER CERTIFICATES 57

631 601

67 67

73 1 73 |

72 75

80 1 85 |

85 85

95[ 95|

110 no

130 125

120 1 120 |

200 195

145 1 135 |

220 1 215 |

365 300

400 1 325 1

500 475

550 1 525 1

140 145 130 160

165 175 170 220

190 185 240

190 210 500

205 235 550

800 725 1,000

900 800 1,100

1,325 1,300

1.475 1,450

325 325 325 685 600

370 350 350 750 650

IV IV IV

IV IV IV

SMALL SIZE NATIONAL BANK NOTES 1929 Ty. 1 35 1929 Ty. 2 35 1929 iy i no

1929Ty. 2 no 1929 TV- 1 320 1929 TV- 2 120 1929 Ty. 1 350 1929 TV 2 $50 1929 Ty l $100

FR FR FR FR FR FR FR FR FR

1800-02 1801-01 1801-02 1802-01 1802-02 1803-01 1803-02 1804-01 1804-02

FR FR FR FR FR

1850 1860 1870 1880 1890

FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR

1950 2000 2050 2100 2150 2200 2210 2220 2230 1955 2004 2054 2102 2152 2201 2211 2221 2231 1961 2010 2059 2107 2157

30 30 30 35 37 145

35 35 35 40 42 160 300 350 440

275 320 400

44 44 38 42 42 50 170 315 360 450

40 35 37 38 45 155 285 330 410

48 42 45 53 55 165 310 340 420

55 46 so 58 65 180 340 375 460

75 70 70 80 85 300 400 375 440

85 80 80 90 95 325 430 415 480

82 95 95 95 100 110 350 425 440 525

90 105 105 105 no 120 385 465 480 575

100 115 105 145 170 365 500 500 600

110 125 115 160 190 400

130 no 125 115 180 180 410

145 120 135 125 200 200 450

185 190 425

550 550 650

575 550 675

625 600 735

650 700 750

155 160 145 175 205 210 475 700 775 825

95 115 115 185 225

105 125 125 200 250

185 200 200 475 575

205 215 220

88 85 55 75 80 95 220 270 230 285 2,400 2,300 4,300 4,200 100K 115K 210K 265K 27 25 31 35 35 40 100 95 155 145 - 1,550 1,650 - 3,100 3,100 95,000 100K 82,500 80,000 17 16 28 27 31 30 80 80 150 145

95 80 105 300 310 2,525 4,600 125K 290K 30 38 44

125 125 150 300 385 3,250 5,000 140K 315K 35 47 48 115 240 1,900 3,700 125K 105K 19 37 35 115 150

125 900 700 1,000 2,600 1,700

1,500

1,650

^ IV dl

,v IV IV

•'*«.**

dldld,

475 500 550 1,100 1,550

550 600 1,200 1,700

140 140 165 330 425 3,500 5,500 155K 345K 38 52 53 125 260 2,100 4,050 135K 115K 22 40 38 125 165

200 200 300 525 800 8,000 15,500 185K

220 330 575 900 8,800 17,000 200K

IV IV IV

IV IV IV

65 80 120 210 390 4,000 5,250 160K 150K 40 75 73 160 275

75 90 135 230 430 4,400 5,750 175K 165K 45 85 80 175 300

135 1,000 775 1,100 2,850 1,850

365 2,500 2,400 2,500 5,750 4,550

400 2,750 2,650 2,750 6,250 5,000

255 925 385 1,600 475 1,425 • 27,500 37,500

1.025 1.750 1,575 42,500

SMALL SIZE FEDERAL RESERVE BANK NOTES 1929 1929 1929 1929 929

$5 $10 $20 $50 $ 100

39 23 27

43 25 30 80 120

73 + 110

44 26 36 82 150

40 24 33 75 135

43 26 38 80 140

47 28 42 88 155

45 30 43 85 165

50 33 47 93 180

52 50 58

48 45 53 105 185

115 200

68 70 85 155 195

82 88 90 160 200

75 77 93 170 215

90 95 100 175 220

520 625

SMALL SIZE FEDERAL RESERVE NOTES 1928 $5 1928 $10 1928 $20 1928 $50 1928 $100 1928 $500 1928 $1,000 1928 $5,000 1928 $10,000 1934 $5 1934 $10 1934 $20 1934 $50 1934 $100 1934 $500 1934 $1,000 1934 $5,000 1934 $10,000 1950 $5 1950 $10 1950 $20 1950 $50 1950 $100

42.00 + 22.00 30.00 ♦ 68.00

no 700 1,450 20,000 35,000 10.00 13.00 21.50 55 105 700 1,275 20,000 32,500

46.00 44.00 ♦ 24.00 24.00 33.00 31.00 + 75.00 75.00 120 125 775 750 1,600 1,700 22,000 28,000 40,000 40,000 11.00 10.15 14.00 13.10 22.50 21.75 60 56 110 106 750 750 1,600 1,375 22,000 27,500 35,000 37,500

IV dl dl

IV IV IV

11.50

12.50

M IV IV

11.75

<V IV IV

*V IV <N»

•V BMW

IV IV IV

"y iv iv

~~~

~~~

~~~

48.00 26.00 34.00 85.00 135 825 1,875 37,500 44,000 11.15 14.10 22.75 61 113 800 1,700 37,500 42,000

55.00 60.00 60.00 65.00 70.00 26.00 28.00 30.00 33.00 33.00 32.00 + 35.00 33.00 ♦ 36.00 35.00 80.00 90.00 95.00 105.00 115 135 145 145 155 155 1,000 1,100 1,200 1,350 1,450 1,850 2,000 2,500 2,750 2,900 45,000 55,000 51,000 61,000 56,000 60,000 70,000 80,000 90,000 100K 10.25 11.25 10.35 11.35 10.50 13.20 14.20 13.30 14.30 13.50 21.85 23.00 24.00 23.00 22.00 64 58 60 64 66 108 115 110 118 112 775 850 875 950 975 1,700 1,850 1,875 2,050 2,200 40,000 50,000 50,000 60,000 55,000 42,500 47,000 47,500 52,500 50,000 IV IV <v d.d.d> d,d,dl viy^ IV IV IV 7.00 12.00 13.00 12.75 12.25 13.25 14.00 V IV IV IV dl IV IV IV IV IV IV IV IV IV IV 23.00 IV IV dl IV IV dl IV IV IV IV IV IV IV IV IV 55.00 ~ iv iv ~ IV IV ~ IM IV IV *v IV ~ ~ -M 110

75.00 42 36.00 38.00 55 125 165 170 180 1,900 1,575 3,200 3,200 66,000 62,000 110K 125K 11.50 15 14.75 19 25.00 25 70 70 120 125 - 1,050 1,300 2,375 2,500 65,000 60,000 55,000 55,000 7.75 14 15.00 20 25.00 27 60.00 65 120 125

82 80 46 50 60 75 180 200 200 210 2,100 2,200 3,600 3,900 72,000 90,000 135K 190K 17 23 28 22 28 32 77 90 140 140 1,400 1,400 2,725 2,850 70,000 87,500 65,000 72,500 16 15 22 25 30 28 72 70 135 140

105 160 1,800 3,400 110K 90,000 18 30 33 90 155

WORLD WAR 1 1 EMERGENCY ISSUES HAWAII 1935 A $1 1934 $5 1934 A $5 1934 A $10 1934 $20 1934 A $20 NORTH AFRICA (YELLOW SEAL) 1935 A $1 1934 A $5 1934 A $10 1934 $10

FR FR FR FR FR FR

2300 2301 2302 2303 2304 2305

30 55 60 50 55 50

33 60 65 55 60 55

33 60 65 55 63 55

36 65 72 60 70 60

38 80 80 65 85 60

42 90 90 72 95 65

40 120 115 125 140 92

44 130 125 135 155 100

48 205 200 200 425 165

53 225 220 220 465 180

90 330 330 370 900 450

100 360 360 410 1,000 490

95 375 375 400 1,100 575

FR FR FR FR

2306 2307 2309 2308

31 32 32 900

34 35 35 1,000

50 44 42 1,600

54 48 46 1,750

52 50 46 2,950

57 55 50 3,250

55 62 65 6,000

60 68 70 6,500

63 90 no 8,000

70 100 120 8,800

90 150 160 10,000

100 165 175 11,000

no

1928 1928 1928 1928 1928

FR FR FR FR FR

2400 2402 2404 2405 2407

70 80 185 300 2,250

77 88 205 330 2,450

165 180 16,500

105 405 405 435 1,200 635

100 475 400 420 1,350 685

no 525 440 460 1,500 750

120 135 180 190 200 235 18,000 20,000

145 235 210 350 255 435 22,000 25,000

465 575 485 650 2,300 3,050 5,350 6,750 31,000 40,000 44,000 50,000

625 950 725 1,300 3,350 4,500 7,550 18,500 43,000 70,000 55,000 75,000

SMALL SIZE GOLD CERTIFICATES $10 $20 $50 $100 $500

85 85 205 375 5,600

95 95 225 410 6,100

90 100 275 525 8,500 12,00

100 110 300 575 9,250

200 275 305 310 220 260 285 390 875 1,125 1,225 1,500 1,525 1,850 - 2,025 2,800 18,500 19,000 21,000 23,500 22,000 £5,500 28,000 30,000

180 200 800 1,400 17,000

340 425 430 440 1,650 2,100 3,100 4,750 25,500 27,500 33,000 40,000

1,050 1,450 5,000

3,000 4,450 11,500 ao boo 75.000 80,000 150K 150K 85,000

3,300 4 850 12,500 85,000 165K 165K

UNCUT SHEETS OF SMALL SIZE CURRENCY CCOICC

DENOMINATION

Number of FRIEDBERG NUMBERS Notes in sheet

U S NOTES (LEGAL TENDER) 192* ft 192* $2 If2* $5 1953 $2 1951 $5

SILVER CERTIFICATES 192* »1 MU »| I *U $5

1934 $10 i 935 11 1935 f| 1953 15

Mr WW H EMERGENCY ISSUES ■

.

\

;

nahowai CURRENCY 1939 M 1929 110 •

19 IV

CU 60 BID

CH CU 63 ASK t-HD

VCH CU 64 ASK

BID

ASK

BID

GEM CU 65 ASK

FR FR FR FR FR

1500 1501-1508 1525-1531 1509 1532

12 12 12 18 18

8,000 800 900 675 1,000

10,000 875 1,100 750 1,150

15,000 1,200 1,220 850 1,300

18,000 1,300 1,350 950 1,450

17,000 1,500 2,000 1,250 1,650

20,000 1,650 2,200 1,375 1,850

20,000 2,250 2,400 1,850 2,700

23,500 2,500 2,650 2.050 3,000

FR FR FR FR FR FR FR

1600-1605 1606 1650-1654 1701 1607-1613 1613-1614 1655 1706

12 12 12 12 12 18 18 18

1,500 2,100 785 2 600 700 700 900 3,000

1,700 2,300 2,900 775 775 1,000 3,300

2,200 3,000 1,250 3,800 850 1,000 1,350 1.21X1

2,500 3,300 1,375 4,200 950 1,100 1,500 4,600

2,500 3,400 1,500 4,500 1,150 1,300 1,550 5,200

2,750 3,750 1,650 4,950 1,275 1,450 1,750 5,700

3,000 4,800 1,950 6,000 1.350 1,700 2,650 6,500

3,400 5,300 2,150 6,600 1,500 1,850 2,900 7,200

FR FR

2300 2306

12 12

3,200 5,2.50

3,500 5,750

5,000 8,000

5,500 8.800

6,500 9,350

7,200 10,350

11 000 18 500

12.000 20,500

FR FR

1*00 1*01

*

625 675 725 * 700

600 650

6 6

M1 610 675

575 625

1*02

500 530 625 3000

650 700 775

650 675 750 4.000

700 725 825 4 800

FR

*

M1

www. cdnpubllcatlons. com

i soo

BID

SUP CU 67 ASK |

3,000 3,700 2,600 3,900

3,500 4.100 2.850 4.300

5,000

5,750

IV IV IV

IV IV IV

3,000 10,000 1.950 2.300

3,300 11 000 2 150 2 550 •V * *

15,000

16.780

ww^


I

JULY 2011 SERIES

VG 8

1 DENOMINATION 1 BID ASK Series 4b 1 5c Issued 2.00 2.50 10c 9/1b/4b 2.00 2.50 25c through 6.00 7.00 50c 3/10/47 8.25 9.25 3.00 $1.00 4.00 $5.00 17.50 20.00 j $ 10.00 | 17.50 20.00 | I 1 1 |

Series 471 Issued 3/10/47 through 3/22/48

5C 10« 25c 50C $1.00 $5.00 $10.001

J

Series 472 Issued 3/22/48 through b/20/51

5C 10c 25C 50c $1.00 $5.00 $10.00

]

Series 481 Issued b/20/51 through 5/25/54

1

5c 10c 25c 50C $1.00 $5.00 $10.00

Series 521 Issued 5/25/54 through 5/27/58

5c 10c 25c 50c $1.00 $5.00 $10.00

1

2.75 2.50 7.00 9.00 9.50 350 no

PAGE 7 I

the CURRENCY DEALER NEWSLETTER MILITARY PAYMENT CERTIFICATES

REPLACEMENT MILITARY PAYMENT CERTIFICATES

FINE 12 VF 20 XF 40 AU 50 CU 60 CH CU 63 1 GEM CU 65 1 VG 8 FINE 12 1 VF 20 XF 40 AU 50 CU 60 BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK 3ID ASK BID ASK 3.00 3.00 9.00 10.00 4.50 19.00 19.00

3.45 5.50 3.45 4.50 10.00 11.00 11.00 12.00 5.00 6.00 21.00 25.00 21.00 22.00

6.00 5.50 12.00 14.00 7.00 27.00 24.00

11.00 9.00 22.00 23.00 12.00 50.00 35.00

12.00 10.00 24.00 25.00 13.00 55.00 42.00

3.25 3.25 3.00 4.25 9.00 9.00 12.00 11.00 11.00 11.00 385 385 130 130

7.00 3.75 4.75 5.50 11.00 16.00 13.00 19.00 13.00 20.00 425 800 170 150

8.00 6.50 18.00 21.00 23.00 880 190

17 11 60 90 80 1,650 350

19 27 12 26 70 70 100 100 88 135 1,800 2,400 385 375

20 23 33 46 38 75 70

22 25 36 50 42 85 77

40 45 90 100 80 185 155

30 55 28 50 80 150 110 170 150 190 2,650 4,750 410 650

45 50 100 130 90 205 175

50 50 100 140 100 215 200

60 60 115 155 110 235 220

60 65 120 195 180 300 280

70 75 130 215 200 345 320

60 60 55 60 165 165 185 190 210 230 5,250 5,250 700 750

66 73 65 85 185 225 210 285 255 330 5,750 9,000 850 1,950

80 93 250 315 365 10,000 2,150

110 100 800 425 160 700 525 450 575 1,300 ^^^ 600 ^ ft, 5,000

125 140 110 150 950 1,300 500 550 180 300 775 800 625 600

155 165 1,500 650 340 885 725

190 210 1,900 800 425 900 725

210 230 2,100 900 475 1,000 900

375 400 2,200 ,v rv 725 ^^^ 1,500

450 475 2,400

675 700 2,900

750 775 3,200

775 810

850 885

900

875 ft, ~ ft, 1,650

1,400 ^ «/ —

V ft ft 1,600 u ft ft ft ft ft ft a. /v /v /v —

-v -V ft ft ft ft ft ft /« /v ft ft

500 525 625 650 1,450 1,500 ft, ft, ^ V ft, ft, 700 725 ~ ft, ~ V ft, ft, 5,750 6,000

575 725 1,700 ft, ft, ft, 850 ^ /v /» 7,000

650 725 1,000 1,100 2,200 2,400 .v ft, .v ,v ,v 1,050 1,150 ft, ft, rs, ft, ft, 8,500 9,500

1,600 2,900 ~^^ ~ ft, /v ~ ~ /v ~

1,800 3,200 ^^ ^^^ ^~^ ft, ,v

3,200 5,900 V ft, ft, V ft, ft/ v ft ft —

3,500 V ft ft 6,500 V ft ft ft ft ft V ft ft ft ft «, V ft ft ft ft ft V ft ft — —

470 450 ft ft ft ft ft ft ft ft ft ft ft ft ft ft /v

510 550 ft ft ft /v ft ft ft ft ft ft ft ft /v /v ft

| 1

5c 10c 25c 50c $1.00 $5.00 S 10.00

Series 591 Issued 5/26/61 through 1/6/64

$5.00 $10.00 $20.00 I Series 681 I Issued 1 8/11/69 through 10/7/70

1 I

925 1,100 ftftft ftftft ftftft ftftft —

975 2,050 ftftft ft/vft ftft/v ftft/v /v/vft

1,075 2,250 ftftft .vftft vftft ftft/v ftft/v

900 850 1,100 ft ft ft ft ft ft ft ft ft

ftftft ftftft ftftft ftftft ftftft ftftft ftftft

ftft/v ftft/v ftft/v .vftft ft«vft ftftft ft/vft

vftft ftft/v ft/vft ftft/v ftft/v vftft ftftiv

8.00 45 115 140 185 1,775 1,100

9.00 14.00 50 64 125 215 235 155 210 350 1,900 2,250 1,200 2,050

15.50 160 95 105 70 100 120 165 235 ft, ft, iv «, ft, /v V ft, ft, 260 2,200 2,450 3,500 385 360 375 320 2,450 ft, ,v ru /v n/ n/ rv iv ft, 2,250 — ft, ft, ft, m ^

175 185 n, ft, iv 3,850 430 ft, ft, ft, ft, ft/ ft/

210 235 ,v ft, ft, 4,800 535 ft, ft, ft, —

240 270 .v ,v .v 5,300 650 «, ft,«/ —

375 395 ft, ft, ft, ft, ft, ft, 750 ft, ft, ft, ft, ft, ft,

430 475 ft, ft, ft, ft, ft, ft. 900 ft, /v ft, ^~

1.00 1.00 1.50 3.25 5.00 45 20

1.25 1.25 2.00 3.75 6.00 50 23

1.10 1.10 2.50 5.00 7.50 75 31

1.35 1.35 3.00 6.00 8.50 85 34

1.25 1.35 5.00 11.00 13.50 90 50

1.50 1.75 6.00 13.00 15.50 100 55

2.50 2.75 9.00 25.00 36.00 250 145

3.25 4.00 11.00 30.00 41.00 275 160

6.50 7.50 15 38 80 450 435

7.50 13.00 8.50 14.50 17 32 45 100 90 175 550 1,000 480 900

15.00 16.50 35 110 195 1,200 1,000

14.50 15.00 35 125 205 1,300 1,200

16.00 18.00 17.00 18.50 45 39 215 135 225 325 1,450 2,200 1,350 1,750

20.00 100 110 90 21.00 80 90 100 50 105 115 95 235 1,350 1,500 ft. ~ /v 375 675 550 650 2,400 «, «/ iv «/ ft, ft, ft/ ft, ft, 1,900 ,v ,v ,v — ft, ft, ft.

220 135 110 175 125 260 rv ft,«/ ft, 750 775 ft,«/ ft, ft, ft, rv /v/v «, ft"'"v

260 205 285 ,v .v ft. 875 ^^ —

350 300 440 ft, ft, «, 900 ,v «, ,v ,v ft,/v

425 360 485

600 550 725 ft ft ft 1,100 ft ft ft ft, ft, ~ ft ft ft ft, ft, ft, ft ft ft

750 725 675 700 865 900 ft ft ft /v /v ft ft ft ft ft ft ft ft ft ft ft ft A, ft ft ft ft ft ft

ftftft ftftft ftftft ftftft ftftft ft ft ft ftftft

1.25 1.25 1.75 3.50 5.50 180 45

1.50 1.50 2.00 5.00 6.00 200 55

1.40 1.35 2.50 4.50 7.00 225 58

1.65 1.60 3.00 5.00 8.00 250 65

2.00 1.75 5.50 10.00 9.00 350 100

2.50 2.00 6.00 11.00 10.00 385 110

4.00 4.00 13.00 22.50 16.00 550 240

5.00 5.00 14.00 25.00 18.00 600 260

9.00 10.00 19 40 42 1,050 440

11.00 18 11.00 19 21 40 45 125 47 85 1,150 2,800 480 1,000

20 20 21 21 45 50 140 160 95 110 3,100 3,500 1,100 1,650

23 25 23 30 58 85 180 350 120 190 3,850 4,100 1,800 2,200

27 33 95 400 210 4,500 2,400

305 300 400 425 575 ft, ft,

335 330 440 475 650 ^ ^

475 665 600 675 ft, ft, ft,

525 ft ft ft 735 1,300 660 1,400 750 1,400 ^ ft,«, ft ft ft

ft ft ft

ft ft ft

ftftft

ftftft

.vftft

vftft

1,450 /v ft ft 1,550 3,000 1,550 ft ft a, ft ft ft ft ft «/

ft ft ft

ftftft

ftftft

.vftft

ftftft

3,300 ftftft ftftft ft /v ft ft /v ft ftftft

ftftft

/v/vft

ftftiv

ftftft

ftftft

ftft«/ .v/vft

ftft/v /v/vft

ft/ ft, ft,

ft, ft/ «/

ft ft /v

ft ft ft

/v ft ft

ft ft «/

ftftft

ftftft

ftftft

ftft/v

ft, ft, ft,

/v ^ ^

ft, ft, ft,

ft, ft/ft,

ft ft /v

ft ft ft

ft ft ft

ft ft /v

ftftft

ftftft

ftft/v

ftftft

1.00 1.00 1.50 1.75 6.50 600 125

1.25 1.25 1.75 2.00 7.00 660 145

1.10 1.10 2.00 2.50 7.50 900 135

1.35 1.25 1.35 3.00 6.00 2.25 3.50 20.00 8.50 19.00 1,000 1,500 150 155

1.50 3.50 7.00 22.00 22.00 1,700 170

2.00 6.00 15.00 30.00 45.00 2,300 440

2.50 2.40 7.00 7.00 17 16.50 33.00 35 70 50.00 2,550 2,900 485 1,100

2.80 5.00 17 8.00 19 30 125 38 80 275 3,200 5,000 1,200 1,950

5.50 5.50 18 19 31 33 135 150 300 300 5,500 6,000 2,150 3,500

6.00 8.50 20 27 34 38 290 170 480 330 7,000 12,000 4,000 4,800

9.50 65 30 55 42 135 320 75 535 335 14,000 8,000 5,400 1,800

1.25 1.25 1.50 2.00 9.00 1000 15.00 15.00 8.00 10.00 390 415 85 105

1.50 4.00 2.50 3.50 12.00 14.00 17.00 21.00 12.00 19.00 575 455 185 115

5.00 4.00 16.00 24.00 22.00 625 210

8.00 8.00 30.00 45.00 45.00 850 335

10.00 10.00 33.00 52.00 52.00 950 365

18 21 50 75 80 1,200 825

22 41 24 44 55 120 85 135 90 150 1,350 2,900 925 1,800

45 45 50 50 130 130 150 185 180 195 3,200 3,500 2,000 2,200

50 60 55 70 300 145 205 305 430 215 3,850 6,000 2,400 3,200

Vo 80 80 ft/ ft, ft/ 330 ft. ft/ «/ 335 1,300 480 475 6,600 «,«/ ft. 3,500 ft,ft,

18 20 65 95 48 525 600

17 19 70 100 48 550 725

1.50 1.75 2.25 5.00 4.00 90 85

3.00 3.00 10.00 17.00 4.75 120 120

3.50 3.50 11.00 19.00 5.50 130 130

7.00 7.00 20.00 27.00 10.00 250 210

8.00 8.00 22.00 30.00 11.00 300 230

8.00 9.00 26 30 25 350 285

1.00 1.00 1.00 1.00 1.00 8.00 7.00

1.25 1.05 1.25 1.05 1.25 1.05 1.25 1.10 1.50 1.50 11.00 12.00 8.00 8.50

1 30 1.30 1.30 1.40 2.00 14.00 9.50

1.10 1.10 1.10 1.25 2.00 17.00 15.00

1.35 1.35 1.35 1.75 2.50 19.00 17.00

1.15 1.15 2.00 2.50 3.25 34.00 29.00

1.40 1.40 2.50 3.00 3.75 38.00 32.00

1.20 1.50 2.50 5.50 7.50 70 37

120 45 120 55.00 1.00 24.00 22.00

135 125 50 50 130 130 60.00 60.00 1.50 1.50 28.00 28.00 24.00 25.00

130 140 55 55 140 140 65.00 65.00 2.00 2.50 32.00 35.00 28.00 29.00

145 60 150 70.00 3.00 40.00 32.00

135 65 150 70.00 4.50 47.00 46.00

150 70 165 75.00 5.50 53.00 53.00

140 75 160 75 11 60 60

155 80 175 80 14 65 70

145 80 170 80 18 72 105

1.20 1.20 1.20 1.40 1.20 1.50 140 65

1.45 1.45 1.45 1.90 1.45 2.00 155 72

1.30 1.30 2.00 2.00 2.00 5.00 330 140

1.60 1.60 2.50 2.50 2.50 6.00 365 155

1.65 1.50 3.00 4.00 3.50 5.50 450 210

2.00 2.25 4.00 5.00 5.50 6.50 500 230

4.00 3.75 11.00 11.00 11.00 13.00 800 675

1.30 1.10 1.10 1.30 1.30 1.10 1.30 1.10 1.75 2.00 3.00 10.00 19.00 25.00 16.00 26.00

1.35 1.35 1.35 1.35 2.75 11.00 27.00 28.00

1.15 1.15 2.00 2.25 2.25 16.00 43.00 45.00

1.40 1.40 2.50 3.00 3.00 18.00 47.00 50.00

1.25 1.60 3.50 4.50 3.50 20 70 80

1.75 2.40 4.50 5.50 4.50 22 80 90

4.00 4.00 7.00 8.50 9.00 35 175 175

5.00 5.00 10.00 10.50 10.00 40 195 195

4.50 4.50 10.00 10.50 11.00 63 200 325

ft/ /V ft/

ft/ /V /V

iv /v iv

ft, ft, ft,

,v .v

ft, n, ft.

«/«, ft,

ft, ft, ft,

~~~

...

~~~

75

80

1.25 1.50 1.50 4.00 3.50 76 50

9.00 10.00 29 33 27 385 315

16 18 60 85 40 475 550

1.20 1.25 1.75 4.25 3.50 80 75

1.00 1 00 1.00 1.00 1.00 1.00 80 55

IV M <v

Series 701 Unissued $1.00 $5.00 $10.00 $20.00

825 1,000 ftftft ftftft ftftft ftftft ftftft

6.25 38 110 130 170 1,850 1,100

Series 691 Unissued $1.00 $5.00 $10.00 $20.00

$10.00 $20.00

850 950 ft ft ft ft /v a, ft ft ft ft ft ft —

2.25 5.50 14 34 43 100 48 115 75 155 725 1,700 360 1,000

1.00 1.00 1.00 1.00 1.10 I. 25 II. 00 10.00

5c 10c 25c 50c $1.00

700 800 ft ft /v ft ft » ft ft /v ft ft ft ft ft ft

2.00 12 39 43 65 650 325

5c 10c 25c 50c $1.00 $5.00 $10.00 $20 00

Series 692 Issued 10/7/70 through 3/15/73

/vftft .vftft /vftft vftft ftft/v ftft/v

1.60 9.00 16.50 32.00 37.00 280 145

5c 10c 25c 50c $1.00 $5.00 $10.00

25c 50c

ftftft ftftft ftftft ftftft ftftft ftftft

1.35 8.00 15.00 28.00 33.00 260 130

1.00 1.00 1.00 3.00 3.00 66 45

5c

ftftft ftftft ftftft ftftft ftftft ftftft

1.50 3.40 8.50 13.00 15.50 175 65

5c 10c 25c 50c $1.00 $5.00 $10.00

Series 66 Issued 10/21/68 through 8/11/69

ftftft ftftft ftftft ftftft ftftft ftftft

1.20 3.00 7.50 11.00 14.00 160 55

1.00 1.25 8.00 13.00 7.00 360 75

5c 10c 25c 50c 11/19/73 $1.00 $5.00 $10.00

/v ft ft ft ft ft ft /v ft ft ft /v /v /v «/ ftft/v

1.35 1.85 2.75 5.00 7.50 105 35

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4/28/68

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ft/v/v /vftft ftft/v ftft/v ftft/v /v/vft

1.10 1.65 2.25 4.00 6.50 95 32

130 115 205 310 350 /V «/ /V ft, ft, ft,

145 130 225 340 380 «, «/ /v «/^ ^

185 175 330 415 440 ^ ft,

165 155 300 375 400 /V ft, ft. ft, ft, ft.

100 75 80 65 180 150 110 90 410 365 ^/v ~ 9,000 2,000 3,900 90 ^ ~ /«

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110 90 200 130 450 «, /v ft,

300 290 525 300

350 340 600 350

340

375

675

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8,300

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210

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1,800 900

2,000 1,000

3,750 1,200

4,500 7,500 1,350 ft ft ft

8,500 ft ft /v

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1.10 1.10 1.10 1.10 1.10 1.25 105 60

1.25 1.05 1.25 1.05 1.25 1.05 1.25 1.05 1.50 1.25 2.00 2.00 13.00 17.00 12.00 14.00

1.35 1.35 1.35 1.35 1.35 1.75 115 67

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1.25 1.25 1.75 1.75 1.75 33 55 40

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1.60 1.60 2.60 4.00 11.00 90 220 110

1.75 2.00 4.75 6.75 12.00 110 280 270

1.60 3.00 2.25 3.00 3.75 7.00 6.50 9.00 8.50 19.00 77 100 40 85

3.50 3.50 3.50 4.50 7.50 8.00 11.00 13.00 21.00 20.00 110 130 115 95 160 90 185 85 20 80 115

150 90 180 85 21 78 125

45 35 550

50 45 600

60 50 725

65 60 750

75 65 875

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85 77 1,100

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225 550 500 650 675 2,400 1,500

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77 480 300

85 600 375

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110 900 650

120 1,100 750

165 1,200 950

185 1,450 1,150

230 1,700 1,250

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6.75 16.00 19 28 38 265 200

45 90 85 100 100 300 85

55 105 100 120 120 330 95

50 120 115 125 125 375 120

60 140 135 145 145 425 135

70 200 185 210 210 450 230

80 240 215 250 250 500 255

100 310 275 330 330 650 410

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260 190 180 185 185 225 2,700 3,100 215 170 450 480 875 900 425 480

300 225 250 3,400 235 550 975 525

420 320 400

470 350 440

490 350 525

550 385 575

550 360 675

650 400 750

385

425

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365 850 1,175 800

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490

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12.00 11.50 19.00 20.00 24.00 27.00 1,900 1,100

145 140 140 1,500 85 325 750 310

5.50 5.50 11.00 11.50 12.00 70 220 355

9.00 10.00 12.00 13.00 18.00 100 275 460

10.00 11.00 13.00 14.00 20.00 110 310 500

65 70

75 80

90 95

100 115

110 120

130 140

165 180

195 215

200 225

75 65 450 375 185

85 75 500 425 210

100 80 510 450 285

120 95 570 500 320

125 125 600 550 400

150 150 660 600 450

200 185 725 700 500

240 230 800 775 550

250 230 975 900 675

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JULY 2011 INTRODUCING

BUYING - SELLING - TRADING

MICKY'S CURRENCY

jhonecash.com

Micky Shipley

Featuring the largest selection of US Currency Notes on the entire Internet. Over 1,000 US Currency notes online, all with large 2-sided color photos.

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MICKY’S CURRENCY

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1nmr* 1i vujr iCURRENCY

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BUYING AND SELLING QUALITY COLLECTOR CURRENCY Colonial and Continental Currency Fractional Currency Confederate and Southern States Currency Large Size Currency and Small Size Currency Free pricelist available upon request

James Polis

Secure Paypal accepted on site. No paypal fees. Free freight on orders over $2,500! Fast shipping!

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BUY

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APPRAISALS SELL

Confederate Notes C.S.A. Bonds

Obsolete U.S. Notes

ANA-LM SCNA-LM PCDA

SPMC-LM BRNA FUN

^ 7

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HUGH SHULL Dealer in Confederate & Obsolete Bank Notes.

r

BUYING!

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Indian Cents-Good & Better.85ea. V-Nickels-AG & Better No Cull.55ea. Barber Dimes-AG & Better.l.lOea. Barber Quarters-AG & Better.2.75ea. St. Lib. Quarters-4 Digits.2.50ea. Barber Halves-AG & Better.6.00ea.

We need Silver Dollars VG thru UNC Please Offer

STEINMETZ COINS AND CURRENCY, INC. 350 Centerville Rd. • Lancaster, PA 17601 dsteinco@aol.com

(800)334 3903

PAPER MONEY GUARANTY

web site:

PHONE: 386-574-4932 • FAX: 386-860-6896 E-mail: david@thecurrencyhouse.com DAVID MANLEY*PO Box 5429 DELTONA, FLORIDA 32728-5429 CALL, FAX, OR E-MAIL YOUR WANT LIST CONFIDENTIAL APPRAISALS BY APPT. ONLY

1862 $1 Legals

1 tm $5 Chief

1862/3 $5 k $10 Legal*

1886 $$ Silver $

1880 $20 Legals

Any 1880 Silver Cert 1891 $2 Silvers I8P7 Wood*hoppers All Treasury Notes

NEW WEBSITE • COINS, PAPER, ANTIQUE GUNS & AUTOGRAPHS U.S. Foreign Coins • Stamps • Paper Money • Bought • Sold ‘Traded Investment Portfolios • Estate Appraisals Jewelry & Diamonds • Scrap Silver & Gold Rare Firearms • Autographs & Antiques Real Estate Trades Jloncj Ostand cfVumismatics, tJnc.

Denly's of Boston PO Box 31(710* Boston, Mass 02205

617-482-8477 Call For C onfederate Buy List

R

E-Mail: Jpolis7935@aol.com Member: PCDA, SPMC. FCCB. ANA

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CURRENCY'

P.0. Box 2522, Lexington, SC 29071 PH: 803/996-3660 FAX No: 803/996-4885

ALL GOLD CERTIFICATES

Paying Bid for the following: Fine and Very Fine Grade

U.S.

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Everything! (404) 229-7184 U.S. Currency Box 779, Charlestown, RI 02813 Kent Robertson, Owner

Bringing security and peace of mind to currency collectors

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LARGE & SMALL SINGLES, HOARDS, COLLECTIONS, TYPE, NATIONALS & ERRORS Write - Call - Or Ship for Highest Price CARL BOMBARA*P.O Box 524 New York, NY 10116*(212)989-9108

We Pay Top Dollar for All Your Paper Money! V We want to buy all yod7T^vSi™oTTs^ Common or Rare, VG to Highest Pop ★ We pay record prices for Top Population PCGS and PMG notes Phone: 949.955.1250 • Toll-Free: 888.828.2646 Fax: 949.955.1824 www.SpectrumCoinsandCurrency.com Greg Roberts • Andrew Glassman • Richard Gonzales • Dale Larsen Richard Melamed • Ryan Moreltl • Paul Nugget • That) Olson Marlin Paul • Kerry Pieropan • Don Severance • Peter Treglla

Facts #1304 • P.O. Box 1X513 • Irvine, CA <»2623


JULY 2011

WANTED Paying Top Dollar for Better Issues of U.S. Type, Fractionals, Nationals, and especially Obsoletes

ALEX PERAKIS COINS & CURRENCY www. perakiscurrency. com v Recipient of Krause Customer Service Award for over 15 years. Member in good standing Professional Currency Dealer Assoc., A N. A. Life Member and CCCC.

:iMBER

m

KING OF CARSON CITY WEST

Call in Pennsylvania 610-627-1212 • Fax 610-891-1466 or Arizona 520-544-7778; FAX 520-544-7779 E-mail: apcd@msn.com

Monaco Financial

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• Obsolete • Confederate

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PNG

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Torrance, CA 90505-0740 Phone:310-326-0406

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U.S. & WORLD COINS PAPER MONEY GOLD - SILVER

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n paid to write about

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Donald Kagin

ON

CDN Dept. J • P.O. Box 7939 • Torrance, CA 90504 job@greysheet.com • Fax (310) 515-7534

Specializing in U.S. High Denomination $500 $1000 $5000 $10,000 Federal Reserve Notes

Meredith Hilton

LOANS

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in

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Buying correctly graded raw and third party graded high denoms. Also buying problem notes (ink, pinholes etc.) Please offer. High denomination star notes especially wanted. Premiums paid for earlier series 1928 and scarce Districts. High denomination gold certificates wanted in all grades. $5000 & $10,000 bills always in high demand. Please offer. ‘prices subject to change._

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Phone: (561) 347-8300 FM9 on Certified Coin Exchange email: marc@hiahdenomination.com


JULY 2011

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Phone: 949.955.1250 • Toll-Free: 888.828.2646 Fax: 949.955.1824 www.SpectrumCoinsandCurrency.com Greg Roberts • Andrew Glassman • Richard Gonzales • Dale Larsen Richard Melamed • Ryan Moretti • Paul Nugget «Thad Olson • Marlin Paul Kerry Pieropan • Don Severance • Peter Treglia Facts #B04 • P.O. Box 18523 • Irvine, CA 92623


the CURRENCY DEALER newsletter

the Greensheet - a monthly report on the Currency Market published by the Coin Dealer Newsletter (est. 1963) Vol. XXXII

AUGUST 2011

No. 8

Single copy price: $5.00

MEMPHIS AUCTION REPORTS ROBUST RESULTS RARITIES SELL AT STRONG LEVELS

ACTIVITY . . .across the market by Kevin Foley

Lyn Knight's Memphis auction, now held at a show under his owner¬ ship, was noteworthy in several respects. It included a considerably larger than typical offering of World Paper Money, as well as a larger than re¬ cently observed offering of six-figure rarities. As remarked here in the past. World Currency has, over the past several years, moved into a position of considerably greater prominence on the auction scene. It has matured from a specialty area seldom repre¬ sented in United States based sales somewhat more than a decade ago (that typically resulted in disappointingly low sell-through rates in the 60% range) to a field that at the just concluded Memphis International Paper Money Show saw the almost 1,700 lots offered achieve a reported sell-through rate of 92%. Indeed, a fair proportion of the World Currency offerings sold for four-figure prices, with a smattering of results in the $10,000-525,000 range. World Currency collecting has clearly moved from a stagnant area to one with a broadening marketplace predicated on a growing appreciation for rarity. A new generation of buyers is driving prices to levels that, although measurably higher than in the very recent to mid-term past, remain below those reported for United States material of comparable scarcity and quality. Also worthy of comment are the results reported for the Diamond Bar Collection in the Knight Memphis Sale. A specialized offering of 179 higher quality and scarcer Large Size Type Notes, this section of the sale included a larger than typical group of exceptionally rare Notes estimated by the cataloger at $100,000 or more per item. In contrast to the majority of recent auctions - including a number of quite substantial ones over the past several years - where such rarities were either conspicuous by their absence or failed to meet the minimum consignor reserve and thus did not sell at all, the majority of such items offered at Memphis actually did sell. The results for such upper end items were typically quite strong when compared to pre-sale estimates, often not selling for at least the middle range to above the cataloger's estimate. Most significant was the relatively large number of such rarities and the fact that their results were uniformly higher than recent results for items anticipated in advance of the sale to sell in the six-figure plus range. Sell through rates reported by the auction company were: World Cur¬ rency, 92%; Large Size Type, 96%; Obsolete, 93%; Small Size Type, 85% and National Bank Notes, 90%. These levels were generally in advance of those reported for other recent auctions by the same firm. Given the considerable profits currently being made by numismatic dealers in Gold and Silver bullion related transactions with the non-numismatic public, there are considerable sources of liquidity available to fuel demand on the part of dealers seeking to add to their inventory hold¬ ings in order to meet buying demand from their traditional client base. Such liquidity can be expected to place upward pressure on prices in the future. The continued low interest rate environment is an additional fac¬ tor suggesting future upward price pressure as collectables and hard as¬ sets increasingly become relied on as an attractive alternative source of wealth storage.

LARGE SIZE TYPE NOTES Large Size Type Notes in the Memphis auction typically sold at levels higher relative to current CDN Bid levels than was the case two to three years ago. Already commented on was the much stronger than recent performance of six-figure plus rarities. Especially worth mentioning is the $322,000 achieved by the Fr. 187j, a $1,000 1880 Legal Tender Note cer¬ tified as PMG 64 EPQ. The pre-sale estimate had been $175,000-5275,000. Another $200,000+ item was a Fr. 316 $20 1886 Silver Certificate certified as PCGS 66 PPQ. Estimated at $150,000-$250,000, it sold for $241,500. In general. Large Size Type results were consistent with an overall marketplace not only recovering from the lows of 2008 to early 2009, but moving toward higher ground on a steady basis.

SMALL SIZE TYPE NOTES More modern or recent designs generally performed somewhat weak¬ ly in the Memphis auction compared to their estimates. At the upper end of the price spectrum, a $5,000 1934G Chicago FRN certified as PCGS 62 PPQ sold for $101,200, slightly in excess of the low end of its estimate. A more desirable Note failing to sell was the $1 2003 Dallas Star FRN with Serial K00000001-fr. In general, the somewhat restricted offering of Small Size Type at Memphis sold within recent ranges and failed to break any new ground, either upward or downward.

FRACTIONAL CURRENCY Fractional Currency remains somnolent. Scarce and higher quality material continues to be available here at levels well below comparable items in the more active Large Size Type arena. Gem and Superb pieces can and do, however, from time to time generate surprisingly high re¬ sults. The diminutive Fractional Currency offering at the Memphis sale is perhaps indicative of the fact that holders of better quality and higher priced material consider this a more propitious time to be buying than selling.

NATIONAL BANK NOTES Given the considerable degree of geographic specialization that typi¬ fies this market - or more accurately, markets - the 90% sell-through rate reported for the Knight Memphis auction can be regarded as being at the upper end of what sellers as a group might hope for. There is very little acquisition here based on buying for Type, with most buyers motivated by bank rarity and/or location of issue. Worthy of mention are the $2 Original Fr. 387 issued by the Colorado National Bank of Denver. A Ter¬ ritorial piece, it just nudged its published reserve to sell at $27,600, versus the $40,000 low end of its estimate. Also just crossing the published re¬ serve and selling well below its $100,000 low estimate was an XF/AU $10 Fr. 423a 1875 from The City National Bank of Holyoke, Massachusetts. The $69,000 price paid by the new owner, while well below the estimate, remains, however, an impressive price for a Note of this Type, denomi¬ nation and grade from this bank, with the cataloger's enthusiasm for the exceptional rarity of the Treasury signature combination accounting for what is really more an apparent than real shortfall in the results.

MISCELLANEOUS Colonial and Continental Notes, like Fractional Currency, continue to be available at levels below those of comparable rarity and quality than in the other areas reported here. Guest commentary provided by Kevin Foley, P.O. Box 573, Milwaukee, WI 53201, kfoley2@wi.rr.com, Phone 14141 421-3484

The Greensheet reports the national currency market on a monthly basis.


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the CURRENCY HEALER 'tkm Grtunsheef

newsletter

Reprint of any par! of any issue without permission is expressly forbidden by law. EXECUTIVE DIRttlOR MARKET ANAIYSTS

Kaulim- MiUim Dale Sutton DerikDeBaun

PUBLISHER & EDITOR CIRCULATION & ADVERTISING

Shane Downing Betty Morris

DEALER StVVSLkTIEK reports the national currency market on a monthly baton. Under the present sy»pwibft* *•* fTweuis-i all transaction* ,>r offer* to buy and sell, but the broad information source* of the Newsletter n» aKVAirafe reflection of the market The pnee* in the Newsletter are from dealer-to-dealer transactions ‘ -,hr"- ‘ ve*r * vear*-$78. Advertising Kate* 135 per column inch. Advertising space is limited; ads will be y Lfeder Newsletter (USP5 *AJ?b9b) i» published monthly by CDN Inc , 18807 Crenshaw Place, Torrance, CA 90504k.al» puatage paid at Torrance. CA. POSTMASTER. Send address changes to the Currency Dealer Newsletter, P.O.

The Evolving Structure of the Currency Marketplace Over the past thirty years, the Paper Money hobby has evolved from a somewhat obscure backwater into a prominent mainstream field with extensively researched auction catalogs. Within such catalogs, material with aggregate sale results sometimes in the eight figures and higher can be found, with six-figure results for individual items within the realm of possibility in a half dozen sales each year. Quite simply, what was once a gentlemen's hobby is increasingly being transformed into an alternative wealth storage mechanism. The evolution of the rare currency field away from its roots with a largely hobby orientation and toward an investment driven activity continues to gather strength. While many participants in the field, even some of those driving this evolution, seem unwilling to publicly acknowledge that fact, I believe it to be undeniable. Even in the less heated market that is in evidence today, a casual review of auction prices realized for a major sale reveals a pattern in which the cost of much of the material available on the marketplace is beyond the means of the traditional hobbyist. Underlying efforts to attract a wider base of participants are a number of important ancillary services being offered which have become essential to the increasing investment orientation of the field. Perhaps the most visible of these is that of third-party certification and grading. Third-party certification is premised on the rather simple concept that it is difficult to attract buyers to any acquisition activity unless those buyers can have confidence that the material they are purchasing is in fact what it is represented to be. Such certification has become nearly essential to the establishment of this underlying confidence in at least several of the most important collecting specialties, United States Large and Small Size Type Notes in particular. Where price levels are less dependent on perceived grade and more dependent on rarity by the issuing entity, third-party certification remains somewhat less important. Supporting the growing importance of third-party certification and driving increasing participation by investment - perhaps more accurately, speculation oriented buyers - is the wider availability of third-party financing for numismatic acquisitions. Obtaining financing for numismatic purchases from traditional lending sources, such as banks and allied financial institutions, has long been a challenging undertaking. Such services are increasingly being offered today by auction companies themselves, sometimes relying on their own bank lines of credit, sometimes in cooperation with corporate lending entities affiliated with the auction companies. The availability of third-party grading and certification is an essential element of this equation. The now widespread acceptance of third-party grading, or at least that offered by Paper Money Guaranty Corporation and PCGS Currency, provides the necessary lender confidence that in the event the underlying collateral is liquidated to support loan repayment, that collateral will have a reasonably predictable value supported by agreement that it is what it is represented to be, not what the owner may have been duped into believing it appears to be but really isn't. There is, however, a third leg to the triad supporting marketplace growth that is less often talked about, despite its widespread prevalence, i.e. post production artificial enhancement of the appearance of collectable Paper Money items. A significant portion of the investment oriented buyers active today are focused on obtaining what they perceive to be the finest available

GRADING Superb Crisp Gem Crisp Very Choire Crisp Choice Crisp Crisp Almost

Dept. CDn the CURRENCY DEALER P.O. Box 7939 the Gnensh—r newsletter Torrance, CA 90504-7939 Phone: (310) 515-7369 www.cdnpublications.com • < dnwigreysheet.i om J Please start sending me the Monthly CURRENCY DEALER NEWSLETTER

□ 1 Year $44.00

□ 2 Years $78.00

Name Address

-

City, State & Zip Company & Phone quality. Our marketplace is one where the items being purchased are in many cases more than 100 years old. For many of those years there was little to no demand or concern on the part of buyers to acquire material that borders on such near perfection. This more recent quality demand and the financial returns available from satisfying it, provide a considerable incentive to those w ho perform aesthetic enhancement services. At least in this aspect of the marketplace there has developed a disconnect between perception and reality. While buyers as a whole tend to proclaim their desire to acquire original material, these same purchasers are in many instances the most eager to acquire at increasingly stratospheric prices items whose attractive appearance was produced by more modem intervention. Indeed, it is not unusual for those who are the most vocal in condemning artificial enhancement, when confronted with a choice between the truly original and the artificially enhanced, to select and value at a higher level the Note whose appearance was gained by post production attention to the inevitable detracting factors that so often arise after a century or more. Terms such as Note "fixing" or "processing" are employed by those who condemn artificial enhancement, while "conservation" or "restoration" are descriptives more generally used by those quietly offering such services or offering Notes whose appearances have been so enhanced, generally without disclosing such enhancement. Quite simply, there is a demand for the highest quality material. Quantities necessary to satisfy that demand just don't exist. The result is that the quality level demanded by marketplace participants is regularly being supplied, not by truly original items, but by items artificially enhanced to have an original appearance, in some instances with incredible skill and artistry. Nicer looking Extremely Fine and About Uncirculated Notes are as a result quite regularly being converted into even nicer looking Notes that are then certified as being one of the 11 current gradients of the Uncirculated grade category. In the art world those who restore centuries old masterpieces are respected members of that community. The same is true in the world of collectable antique automobiles. Unlike the art world or the antique automobile field, however, where buyers quite happily and knowingly acquire such restored items and where those offering such services openly advertise and proudly disclose their role in enhancing the previous condition and appearance of the items. Note "fixing" (if you disapprove) or Note "conservation" (if you approve) has become the "Elephant in the Room" that many of us are content to pretend doesn't exist. Perhaps the time has come to abandon the pattern of denial and self deception, with large segments of our participant base pretending that the practice doesn't exist. It does. It has become an important element in supplying the material at quality and quantity levels necessary to support the growth of the field that the overwhelming majority of us participate in with the ultimate expectation of deriving a profit. If one subscribes to Hemming’s Motor News, an important journal in the collectable automobile field, one finds numerous ads from auto restoration specialists. Perhaps it is time for the currency field to stop pretending and acknowledge reality. Note enhancement is here and has been for many years. It isn't going away. Why are we unable or unwilling to acknowledge its presence and importance in our field?

Kevin Foley P.O. Box 573 • Milwaukee, WI53201 kfoley2@ioi.rr.com • Phone (414) 421-3484

Sight-Seen wholesale prices are for accurately graded Notes - Certified or Raw.

Uncirculated-67 A nearly flawless Note with perfect centering. Full wide margins all around. Colors are totally bright, crisp and vibrant. Quality is outstanding. Uncirculated-65 An almost perfect Note. Better than average margins. No aging or fading. Uncirculated-64 A bright Note that's slightly below Gem quality. Margins and color are above average. A Note that may have slight centering problems. Uncirculated-63 A nice new Note but not quite Gem. Centering may be a little off. May show some aging or light counting smudges or wrinkles. Uncirculated-60 No trace of circulation. Can have centering problems, pin holes, counting smudges, wrinkles, close margins, or a corner tip fold (not into design). Uncirculated-50 (Almost new) These will be much the same as a "new" Note except for a single fold or several corner folds. Extra Fine-40 Circulated; may have some folds; still has some crispness. Very Fine-20 Some circulation; may show several folds and will have lost some of its crispness and color. Fine-12 Well-circulated with little crispness remaining; edges may be rough. Very Good-8 Will be fairly well-soiled; may be significantly worn; might have roughness around the edges with only minute problems.

Use of the Friedberg numbering system is by license granted by the Coin and Currency Institute, Inc. Publishers of Paper Money of the United States, P.O. Box 1057, Clifton, N.J. 07014


AUGUST 2011

the CURRENCY DEALER NEWSLETTER

PAGE 3

CONTINENTAL & COLONIAL CURRENCY SERIES DENOMINATION Continental Connecticut W/Hole Connecticut No Hole Delaware Georgia Maryland Massachusetts W/Hole Massachusetts No Hole New Hampshire W/Hole New Hampshire No Hole New Jersey New York North Carolina Pennsylvania Rhode Island South Carolina Vermont Virginia

FRIEDBERG VG 8 FINE 12 VF 20 AU 50 CU 60 XF 40 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 ASK BID NUMBERS BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK ASK BID CC CT CT DE GA MD MA MA NH NH NJ NY NC PA RI SC VT VA

1-102 1-240 1-240 1-92 1-131 1-138 1-289 1-289 1-185 1-185 1-218 1-237 1-215 1-272 1-301 1-192 1 -8 1-225

50 37 55 60 280 45 33 95 185 650 60 60 65 48 53 95 6,750 85

FR FR FR

1-5 6-10 11-15

1,250 2,350 20,000

57 42 65 70 315 50 36 105 200 700 67 67 75 53 58 105 7,500 95

63 43 70 70 340 55 35 110 205 775 68 80 85 51 55 135 8,500 115

70 48 80 80 375 60 38 120 225 850 74 88 95 56 60 155 9,500 125

90 46 84 85 360 70 43 130 230 1,000 85 105 90 55 62 185 13,500 125

1,400 1,800 2,600 5,000 22,000 40,000

2,000 5,500 44,000

3,400 11,000 82,500

100 50 93 95 400 80 47 145 250 1,100 95 115 100 60 70 205 15,000 135

105 50 120 115 650 95 56 170 275 1,350 100 135 135 78 70 250 19,000 180

115 56 130 130 700 105 61 190 300 1,500 110 150 150 84 80 275 21,000 200

140 57 140 140 925 155 63 210 315 1,775 130 165 185 100 80 275

155 65 150 155 1,000 170 68 230 350 1,950 140 180 200 110 88 300

210 80 180 180 1,850 260 80 260 575 2,400 160 205 230 130 100 355

230 88 200 200 2,050 285 88 285 625 2,650 175 225 250 140 110 385

275 90 260 230 2,500 305 100 310 635

305 100 285 255 2,750 340 110 345 700

315 120 300 275 2,750 340 120 400 1,050

345 130 330 300 3,000 375 130 440 1,150

190 320 240 165 110 385

210 350 260 180 120 415

230 340 255 205 165 410

250 375 280 225 180 450

365 400 340 225 210 450

400 440 375 245 230 485

19 IV At

19 IV IV

295

320

420

460

550

600

750

825

1,050

1,150

33,000 43,000 35,000 44,000 135K 140K

48,000 49,000 155K

50,000 55,000 170K

55,000 65,000 60,000 70,000 185K 190K

75,000 85,000 80,000 110K 205K 235K

95,000 120K 260K

IV IV IV

IV IV IV I

IV IV IV

IV IV IV ■

1,800 3,500 1,925 4,750 10.000 225K 145K 2,450 5,200 2,250 3,950 13,750 130K 120K 1,275 1,700 35,000 775 1,550 1,000 5,750 3,500 400 K 70,000 850 1,450 1,150 3,900 2,600 40,000 32,500 630 2,900 800 800 8,300 825 825 900 525 1.650 1,550 1,500 1,875 1,600 1,500 13,750 13,750 70.000 41,000 4,000 400 180 265 575 7.900

2,000 3,800 2,125 5,250 11.000 250K 155K 2,700 5,700 2,450 4,300 15,000 145K 130K 1,375 1,875 39,000 850 1,700 1,100 6,250 3,850 440K 80,000 925 1,600 1,250 4,300 2,850 44,000 35,500 690 3,200 900 875 9,200 900 900 1,000 575 1.800 1,700 1,650 2,075 1,750 1,650 15,000 15,000 77.000 45,000 4,400 440 200 290 625 8.650

2,300 5,850 2,850 7,600 14.500

5,000 15,000 8,800 17.500 8,500 6,000 19,000 25,000 18.000 32.500

400 145 325 400 3,750 420 175 750

435 160 355 450 4,125 460 190 825

IV IV IV

IV IV IV

800 340 1,000 1,000

880 375 1,100 1,100

IV IV IV

IV »V IV

IV IV IV

IV IV IV

725 1,075 450 400 370 890

800 1,175 550 440 410 975

IV IV IV

<V IV IV

IV iv IV

IV IV Al

DEMANO NOTES 1 1861 $5 1 1861 $10 1 1861 $20

u.s. FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR

16-17 41 61-63 93-95 124-126 148-150 165-167 18 42 64 96 127 151 168 19 43 152 20-26 44-47 65-68 97-98 128 153 169-170 27 48-49 69 99 129 154 171 28-30 31-33 34-35 50-52 53-54

1880 $5 lg. seal; red nos. 1880 S5 lg. seal; blue nos. 1880 S5 sm. seal

FR FR FR

70-72 73-78 79-82

1880 1880 1880 1880 1880 1880 1880 1880 1880 1901 1907 1917 1917 1923 1923

FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR

103-109 110-113 130-139 140-145 146-147 155-161 162-164 172-178 179-182 114-122 83-92 36-39 57-60 40 123

145 290 335 480 1.250 6,000 12,500 210 345 180 340 1,100 6,450 6,800 95 185 2,500 73 165 105 475 525 125K 5,500 80 145 105 310 465 2,450 4,200 90 300 85 90 625 90 95 87 82 215 220 210 275 225 185 1,650 1,550 3.900 3,200 400 65 45 50 80 475

1,500 1,650 13.000 22.500

1,650 2,600 1,800 3,000 14,500 27,000 25,000 40,000

2,400 5,500 5,500 13,000

S10 lg. seal; blue nos. S10 sm. seal S20 lg. seal; blue nos. S20 sm. seal; blue nos. S20 sm. seal; red nos. S50 lg. seal S50 sm. seal $100 lg. seal $100 sm. seal $10 $5 $1 $2 $1 $10

160 320 370 540 1.375 6,600 14,000 230 375 195 375 1,200 7,000 7,600 105 205 2,750 80 180 115 525 575 135K 6,000 90 160 115 340 515 2,700 4,600 100 330 95 100 675 100 105 97 90 235 240 230 300 250 205 1,800 1,700 4.300 3,500 440 70 50 55 90 525

260 460 395 850 1.750 13,000 27,500 375 525 385 585 1,650 17,000 14,000 145 325 4,500 100 330 150 950 975 185K 13,000 115 305 175 575 600 4,200 7,500 140 425 110 120 925 115 150 150 105 400 365 320 365 320 275 3.250 2,375 7.250 6,000 515 120 60 65 115 1,000

1862 $1 1862 $2 1862-3 $5 1862-3 $10 1862-3 $20 1862-3 $50 1862-3 $100 1869 $1 1869 $2 1869 $5 1869 $10 1869 $20 1869 $50 1869 $100 1874 $1 1874 $2 1874 $50 1875 $1 1875 $2 1875 $5 1875 $10 1875 $20 1875 $50 1875 $100 1878 $1 1878 $2 1878 $5 1878 $10 1878 $20 1878 S50 1878 S100 1880 SI lg. seal; red nos. 1880 SI lg. seal; blue nos. 1880 SI sm. seal 1880 S2 lg. seal; red nos. 1880 S2 lg. seal; blue nos.

285 500 430 925 1.950 14,500 30,000 405 575 415 640 1,800 19,000 15,500 160 355 5,000 110 360 165 1,050 1,075 205K 14,500 125 335 195 625 660 4,600 8,500 155 465 120 130 1,025 125 165 165 115 435 400 350 400 350 300 3,550 2,600 8,000 6,600 565 130 65 70 125 1,100

3,700 12,000 90.000

15,000 23,000 115K

16,500 30,000 25,000 32,000 125K 125K

--~ ~ ~ 1

NOTES CLEGAL TENDER] 435 900 525 1,300 3.250 27,500 45,000 575 1,150 700 850 3,200 35,500 24,500 250 575 5,750 160 510 275 1,650 1,375 225K 24,000 200 475 330 750 850 7,500 12,500 200 685 180 210 1,575 145 285 300 130 575 650 450 550 365 365 5,000 2,850 15.000 11,500 650 140 70 70 135 2.700

475 975 575 1,425 3.550 30,000 50,000 625 1,275 825 925 3,500 39,000 27,000 275 625 6,300 180 560 300 1,800 1,500 250K 26,500 220 525 365 850 925 8,250 13,750 220 750 200 230 1,750 160 310 330 145 625 710 500 600 400 405 5,500 3,150 16.500 12,500 715 150 75 75 150 3,000

740 1,950 825 2,400 5.250 45,000 60,000 1,450 2,800 1,250 1,475 4,750 65,000 40,000 525 1,050 7,400 335 750 425 1.950 2,000 300K 36,000 340 625 500 1,200 1,150 12.500 17.500 330 1,225 265 375 3,800 235 485 475 240 825 850 800 1,150 800 725 6,500 6,400 28.000 23,500 1,900 300 105 120 265 4.250

815 2,150 900 2,600 5.750 50,000 70,000 1,600 3,100 1,375 1,650 5,250 71,000 44,000 575 1,150 8,100 360 825 475 2,150 2,200 325K 40,000 375 675 550 1,300 1,250 14,000 19,500 365 1,35(7 290 410 4,200 260 535 525 265 900 950 875 1,250 875 800 7,100 7,000 31.000 26,000 2,075 325 115 130 290 4.650

1,075 2,550 1,150 2,750 7.000 180K 85,000 1,950 3,850 1,950 2,200 7,750 90,000 70,000 750 1,275 10,500 550 1,000 525 2.500 2,400 325K 55,000 575 800 650 1,850 1.650 20,000 24,000 525 1,850 420 550 5,000 400 600 550 325 1.200 1,200 1,050 1,500 1,050 1,000 8,750 8,500 43.500 28,500 2,550 340 135 170 375 5.800

1,175 2,800 1,250 3,000 7.750 200K 95,000 2,150 4,250 2,150 2,400 8,500 100K 77,000 825 1,375 11,500 600 1,100 575 2.750 2,650 350K 65,000 625 880 710 2,050 1.800 22,000 26,500 575 2,050 460 600 5,500 440 675 600 360 1.325 1,300 1,150 1,650 1,150 1,100 9,500 9,300 47.500 31,000 2,800 370 150 185 410 6.350

1,400 2,900 1,175 3,200 8.250 200K 95,000 2,350 4,400 2,100 3,250 10,250 100K 80,000 975 1,450 19,000 685 1,225 750 3.000 2,750 375K 65,000 640 1,125 950 3,050 1.950 25,000 26,500 600 2,300 625 700 5,750 750 775 700 500 1.450 1,350 1,350 1,700 1,400 1,150 10,100 10,000 55.000 34,500 3,450 385 170 230 500 6.750

1,550 3,200 1,275 3,500 9.000 220K 105K 2,600 4,800 2,300 3,550 11,250 110K 88,000 1,075 1,600 21,000 750 1,350 825 3,300 3,000 405K 75,000 700 1,225 1,050 3,350 2,150 27,500 29,000 650 2,550 685 775 6,250 825 850 775 550 1.600 1,500 1,500 1,850 1,550 1,250 11,100 11,000 60.000 37,500 3,800 425 190 250 550 7,500

2,100 5,300 2,600 7,000 13.000

175K 195K 5,000 5,500 7,900 8,700 3,325 - 3,675 5,250 5,750 20,000 21,850 160K 175K 140K 155K 1,850 2,050 2,300 2,550 60,000 66,000 820 900 1,950 2,150 1,050 1,150 7.700 8,500 4,450 4,850 425K 475K 80,000 90,000 1.050 1,150 1.850 2,025 1,450 1,600 4.850 - 5,250 2,750 3,050 62.500 70,000 37.500 42,500 675 750 3,750 4,100 875 975 1,300 1,425 13,500 15,000 900 1,000 950 1,050 925 1,000 575 625 2.000 2.200 1,700 1,850 1,600 1,725 2,000 2,200 1,950 2,150 1,700 1,850 14,750 16,000 14,850 - 16,100 75.000 82.000 50,000 55,000 4,850 5,250 490 540 200 220 315 345 600 650 10.100 11,100

4,600 8,000 5,500 17.500 16.500

16,500 19,500 9,250 27,500 35,500

IV IV IV 210K 230K IV IV IV 22,000 7,300 8,000 20,000 28,750 32,000 13,500 15,000 8,500 9,250 4,350 4,750 22,000 10,000 11,000 20,000 68,500 34,000 37,000 62,500 195K 215K 175K 190K 225K 250K 5,500 6,000 2,500 2,750 4,250 4,650 8,000 8,800 145K 155K 90,000 100K 3,000 3,250 1,350 1,450 4,500 4,900 2,700 3,000 1,800 1,950 4,250 4,650 16,000 17,500 23.500 26,000 15,000 7,350 8,050 13,500 IV IV IV IV IV IV 500K 550K 100K 110K 4.200 - 4,600 1.675 1.800 7,250 8,000 3,450 3,750 2,000 2,200 4,300 4,700 21,500 8,500 9,500 19,500 12,000 3,750 4,150 11,000 95,000 105K 55,000 60,000 3,150 3,450 1,100 1,200 22,000 5,500 6,000 20,000 1,000 1,100 2,750 3,000 4,200 4,600 2,100 2,300 66,000 30,000 33,000 60,000 3.400 3,700 1,300 1,425 4.200 4,600 2,500 2,750 3,300 3,600 1,375 1,500 2.200 2,450 1,150 1,250 6.500 7,150 3.400 3,750 6,500 7,150 2,750 3,000 4,300 4,750 2,500 2,750 11,000 3,850 4,250 10,000 6,750 7,400 3,000 - 3,250 4,500 5,000 2,900 3,200 45,000 25,000 27,500 40,000 38,000 20,000 22,000 35,000 95.000 105K IV IV IV 70,000 77,000 IV IV IV 16,500 6,600 7,250 15,500 1,800 1,950 640 700 1,050 1,150 375 415 1,700 1.875 460 500 2,525 - 2,775 850 920 27,500 12.600 13.800 25.000

COMPOUND INTEREST TREASURY NOTES 1 1863-64 $20 1 1863-64 $50 1 1863-64 $100

FR FR FR

191 192 193

1 1861-65 $10 1 1861-65 $20

FR FR

196 1 2,200 5,000 197

6,500 2,850 3,350 13,500 30,000 45,000 44,000 70.000

7,100 11,750 15,000 27,000 50,000 65,000 77,000 90.000

13,000 30,000 70,000 100K

21,000 35,000 75,000 95,000

23,000 38,000 82,000 105K

30,000 39,500 80,000 105K

33,000 50,000 43,000 60,000 88,000 90,000 120K 115K

55,000 55,000 65,000 65,000 100K 95,000 125K 135K

60,000 70,000 70,000 80,000 115K 105K 140K

77,000 88,000 125K

IV IV IV

IV IV IV

IV IV IV

IV IV IV

IV IV IV

IV IV IV

1 1 1

iv IV IV

ru IV IV

I

35,000 80,000 300K

38,000 87,000 330K

IV iv IV

IV IV IV

6,600 5,825 50,000 47.500

7,200 6,325 55,000 52,500

4,800 15,500 12.000

5,200 17,000 13,000

47,000 55,000 200K

52,000 60,000 220K

16,000 20,000 2.500 1,125 1,225 4,000 9,200

17,500 22,000 2,750 1,225 1,375 + 4,300 10,000

INTEREST BEARING NOTES 16,000 25,000

6,000 14,500

18,000 24,500 27,500 40,000

27,000 31,000 44,000 57,500

34,000 65,000

IV M IV

ftt IV IV

REFUNDING CERTIFICATES SILVER CERTIFICATES FR FR FR FR FR FR FR FR FR FR FR

287-290 309-312 325-329 338-342 215-221 240-244 259-265 291-297 313-316 222-223 245-246

1891 $10 1891 $20 1891 $50

FR FR FR

298-301 317-322 330-335

1896 $1 1896 $2 1896 $5

FR FR FR

224-225 247-248 268-270

1899 1899 1899 1899 1908 1923 197.3

FR 226A-229 FR 230-236 FR 249-258 FR 271-281 FR 302-304 FR 237-239 FR 282

1880 1880 1880 1886 1886 1886 1886 1886 1891 1891

$20 $50 $ 100 $1 $2 $5 $10 $20 $1 $2

$1 date below $1 date right $2 $5 $10 $1 S5

1,100 2,000 3,850 5,250 130 240 635 475 1,275 140 210 245 185 485 1,250 4 100 100 315 575 90 60 60 88 300 255 20 480

1,200 1,650 2,200 3,200 4,250 8,500 5,750 14,000 145 250 450 265 700 1,025 800 525 1,375 3,000 180 150 330 230 350 270 425 205 825 535 1,850 1,375 4,500 7.000 250 110 500 345 600 625 105 100 84 65 85 65 155 95 375 330 410 280 25 22 500 525

170 325 220 475 1,450 90 200 215 275 1,600

185 350 240 525 1,600 100 220 235 305 1.750

2,600 1,800 6,750 3,500 9,500 22,000 15,500 25.000 300 275 600 500 1,950 1,150 1.775 900 5,500 3,300 315 200 625 360 675 385 775 465 1,050 900 3,250 2,000 7,700 18.000 275 275 750 550 1,725 675 115 115 110 92 95 95 180 170 450 425 675 450 33 28 850 550

2,850 7,350 24,000 27,500 330 650 2,100 1.950 6,000 345 675 750 850 1,150 3,550 20.000 300 825 1,900 125 120 105 200 500 740 36 950

6,650 6,500 4-,500 4,950 6,000 24,000 28,500 10,000 11,150 22,000 110K 77,000 46,000 50,000 70,000 175K 130K + 145K 65.000 + 75,000 1.300 1,050 1,150 500 550 2,000 2,000 1,275 1,375 1,800 7,200 7,100 4,350 4,750 6,500 7.300 6,500 3.800 4.150 6.000 36,000 50,000 14,500 16,000 32,000 1,000 650 725 500 550 2,750 2,350 1,500 1,650 2,150 2.550 1.850 1 200 1.325 1.700 2,800 2,000 1,350 1,475 1,850 4,750 3,800 2,600 2,850 3,500 8,500 7,200 7,900 5,800 6,300 62,500 75.000 30.000 33,000 55.000 1,700 1,100 685 750 1,000 4,150 4,100 2,500 2,750 3,800 7,200 6,300 6,900 4,250 4,600 335 240 265 210 230 285 205 225 175 195 285 205 225 160 175 800 635 700 340 370 1,950 1,750 1,000 1,100 1,600 1,950 1,500 1,650 1,150 1,250 70 57 62 50 55 2,900 2,550 1,800 2,000 2,350

7,300 32,500 120K 195K 1,450 2,200 7,900 8,000 55,000 1,100 3,000 2,800 3,100 5,250 9,500 85,000 1,850 4,550 7,900 365 315 315 875 2,100 2,150 78 3,150

8,300 38,500 125K 200K 1,375 2,100 9.500 9.500 55,000 1,100 3,100 3.000 3,150 5,750 11,000 95.000 1,950 4,300 8,600 475 400 320 825 2,100 2,650 80 3,100

treasury notes or coin notes 1890 $2 1890 $5

FR FR FR

347-349 353-355 359-361

1890 $20 1891 $1

FR FR

372-374 350-352

1891 $5 1891 $10 1891 $20

FR FR FR

362-365 369-371

375 725 375 750 2,750 140 385 335 525 2,400

415 800 415 825 3,025 155 425 370 575 2,700

485 1,350 850 1.300 5,000 210 700 600 875 3,450

525 1,500 925 1,450 5,500 230 775 650 950 3,750

1.450 3.450 1,500 2.700 7,000 420 1.450 + 825 1,275 5,950

1,600 2,200 3,750 6,300 1,650 3,500 3,000 3,400 7,750 10,000 650 460 1,600 1,800 1,200 900 1,400 1,500 6,500 6,750

2,400 7,000 3,850 3,750 11,000 700 1,950 1,325 1,650 7,500

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2,600 7,000 3,700 3.850 11,750 770 2,100 1,425 2,150 7,600

2,850 7,800 4,050 4,250 12,750 850 2,300 1,575 2,350 8,300

3,250 8.500 5,000 5.500 15,000 800 2,375 2,100 3,000 10,000

9,100 42,500 135K 220K 1,500 2,300 10,500 10,500 60,000 1,200 3,400 3.300 3,450 6,250 12,000 105K 2,150 4,700 9,400 525 440 350 900 2,300 2,900 90 3,400

10,500 11,500 44,000 48,500 140K 155K 240K 265K 1,975 2,175 2,200 2,400 11,200 - 12,300 14.000 15,500 62,500 70,000 1,200 1,300 3,850 4,200 3.250 3.550 4,150 4,550 8,800 9,600 15,000 16,500 120K 130K 2,000 2,200 4,500 5,000 9,000 10,000 675 750 450 500 355 390 1,050 1,150 2,700 2,950 90 3,775

100 4,175

18,500 60,000 225K 300K 3,000 3,500 16,000 27.500 87,500 1,650 10,000 5.500 9,000 14,500 25,000 160K 3,500 5,800 13,000 775 615 520 1,435 4,500 125 5,800

+

+

-

+ -

20,500 65,000 250K 330K 3,250 3,850 17,250 30,000 97,500 1,800 10,800 6.000 10,000 16,000 27,500 175K 3,750 6,300 14,250 850 675 570 1,575 4,950 135 6,350

440

485

15 000

16 500

4, / 5U 1U, 1UU 11.1UU 18.500 3,550 4,350 11,750 25,000 27,500 42.500 9,500 10,750 13,000 23.500 8,750 12,000 5,500 8,000 8,000 17,000 18,500 28.500 6,000 7,250 16,500 21,000 + 23,000 2,750 1,275 1,375 825 900 875 6,250 3,250 3,575 2.875 2,550 2,650 2,550 2,300 2,350 3,650 - 4.00C 11,000 3,300 3,400 - 3,700 11,000 14,750 + 16,250 18,000 + 20.00C 37,500

20,000 46,500 25,500 31,000 3,000 7,000 12,000 41,000


We Invite You to Consign

We would like to sell your coins and currency to the highest bidders in an upcoming Stack's Bowers Galleries auction!

Stack's Bowers Galleries Upcoming Auction Schedule Official Whitman Philadelphia Auction September 13-17, 2011 Consignments Closed - Request a Catalog Official Whitman Baltimore Auction November 14-19, 2011 Consign by October 3, 2011 New York Americana Sale January 2012 Consign by November 11, 2011

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Official Whitman Baltimore Auction March 19-24, 2012 Consign by January 31, 2012

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Every year Stack's Bowers Galleries hosts a multitude of premier coin and currency auctions in locations across the U.S. Whether your focus is high-end rarities or everyday collectibles, there is a Stack's Bowers Galleries auction well suited to your personal consignment needs.

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We also buy and sell direct - please call for information. Call today to find out how you can maximize your consignment potential in an upcoming Stack's Bowers Galleries auction.

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GALLERIES

A Spectrum Group International Company

800.458.4646 West Coast Office 800.566.2580 East Coast Office 18061 Fitch, Irvine, CA 92614 • 949.253.0916 123 West 57th Street, New York, NY 10019 • 212.582.2580 P.O. Box 1804, Wolfeboro, NH 03894 • 603.569.0823 Email: info@stacksbowers.com • Website: www.stacksbowers.com SBG CDNGS Schedule 7 26 11


AUGUST 2011

the CURRENCY DEALER NEWSLETTER

I

PAGE 4

NATIONAL BANK NOTES SERIES 1 DENOMINATION

FRIEDBERG VG 8 ASK NUMBERS BID

FINE 12 BID ASK

BID

VF 20 XF 40 AU 50 CU 60 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 1 ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK 1

1st ISSUE Original $1 rays 1875 $1 scallops Original $2 rays

FR FR FR

380-382 383-386 387-389

400 425 2,050

450 465 2,250

665 600 2,650

730 660 2,875

800 925 4,200

875 1,000 4,600

1,375 1,375 5,450

1,500 1,500 5,950

1,850 1,850 7,000

2,050 2,050 7,600

2,300 2,375 7,750

2,525 2,600 8,450

2,950 2,700 9,000

3,250 3,300 3,000 3,300 9,800 10,500

3,600 3,600 11,500

4,750 4,750 14,500

5,250 5,250 16,000

8,000

1875 $2 scallops Original $5 rays 1875 $5 scallops Original $10 rays

FR FR FR FR

390-393 394-399 401-408 409-414

2,650 925 800 1,000

2,900 1,025 875 1,100

3,100 1,050 900 1,350

3,400 1,150 975 1,475

3,750 1,375 1,250 1,700

4,025 1,525 1,375 1,850

5,450 2,000 2,000 2,250

5,950 2,200 2,200 2,450

7,000 2,600 2,600 3,100

7,600 2,850 2,850 3,400

7,850 3,250 3,250 4,350

8.550 3.550 3,550 4,750

9,100 3,750 3,750 4,900

9,900 11,000 4,100 4,650 4,100 4,450 5,400 6,000

12,000 5,000 4,850 6,600

16,500 6.500 6,350 7.500

18,500 7,100 7,000 8,200

~~~

1875 $10 scallops Original $20 rays 1875 $20 scallops

FR FR FR

416-423 424-429 431-439

1,000 1,900 1,675

1,100 2,100 1,825

1,150 2,200 1,725

1,250 2,450 1,900

1,500 2,550 2,250

1,650 2,800 2,475

2,150 3,100 3,100

2,350 3,400 3,400

3,000 4,200 4,200

3,300 4,600 4,600

4,150 5,300 5,300

4,550 5,800 5,800

4,600 6,000 6,000

5,000 6,600 6,600

5,850 6,700 6,700

6,350 7,300 7,300

8,000 9,100 9,100

8,875 10,000 10,000

Original $50 rays 1875 $50 scallops Original $100 rays 1875 $100 scallops

FR FR FR FR

440-443 444-451 452-455 456-463

11,000 11,000 13,000 13,000

12,000 12,000 14,250 14,250

12,000 12,000 14,250 14,250

13,000 13,000 15,750 15,750

13,000 13,000 15,250 15,250

14,250 14,250 16,750 16,750

14,000 14,000 17,500 17,500

15,500 15.500 19.500 19,500

18,050 18,050 26,100 26,100

20,000 20,000 28,500 28,500

20,050 20,050 28,500 28,050

22,000 22,000 31,500 31,500

22,550 22,550 34,400 34,400

25,000 25,000 38,000 38,000

24,500 24.500 38.500 38,500

27,000 27,000 42,500 42,500

28,700 28,700 48,500 48,500

31,000 31,000 52,500 52,500

SECOND CHARTER-1 st ISSUE (BROWN BACK) 1882 $5 FR 466-478 1882 $10 FR 479-492 1882 $20 FR 493-506 1882 $50 FR 507-513 1882 $100 FR 519-531

320 325 385 3,300 3,100

350 350 425 3,600 3,350

340 340 450 3,650 3,250 -

375 375 500 4,000 3,500

440 460 700 4,150 5,000

480 500 775 4,550 5,500

750 850 1,150 6,000 8,000

825 1,025 925 1,200 1,250 1,900 6,600 7,000 8,800 11,250

1,100 1,325 2,100 7,700 12,500

1,175 1,825 2,350 10,000 13,500

1,275 2,000 2,600 11,000 15,000

1,250 2,200 2,750 12,500 16,000

1,350 1,575 2,425 2,300 3,000 3,150 13,500 15,000 18,000 18,000

1,725 1,825 2,550 2,400 3,450 4,000 16,500 22,500 20,000 24,000

3,350 3,000 2,000 2,650 4,400 4,800 8,300 7,500 4,350 36,000 25,000 33,000 38,500 26,500 35,000

SECOND CHARTER-2nd ISSUE (DATE BACK) 1882 $5 FR 532-538 1882 $10 FR 539-548 1882 $20 FR 549-557 1882 $50 FR 558-565 1882 $100 FR 566-572

270 350 625 3,500 5,100

290 385 675 3,800 5,600

310 430 680 3,700 5,500

340 475 740 4,000 6,000

375 525 725 4,500 6,700

410 575 800 4,950 7,300

700 800 1,100 4,700 7,900

770 1,050 875 1,225 1,200 1,900 5,150 6,750 8,700 11,000

1,150 1,350 2,100 7,300 12,000

1.500 1,600 2,000 9.500 13,000

1,650 1,750 2,150 10.500 14.500

1,650 2,200 2,375 11,000 14,000

1,800 1,725 2,400 2,500 2,575 2,500 12,500 13,500 16,000 16,000

1,900 2,750 2,700 15,000 18,000

1,925 3,250 2,650 18,000 20,000

2,075 3,600 2,850 20,000 22,000

3,000 3,650

3,350 4,050

SECOND CHARTER-3rd ISSUE (VALUE BACK) 1882 $5 FR 573-575 1882 $10 FR 576-579 1882 $20 FR 580-585 1882 $50 FR 586 1882 $100 FR 586 A

425 410 600 37,500 70,000

465 550 450 500 625 675 42,000 45,000 80,000 80,000

600 550 700 50,000 90,000

600 650 925 55,000

660 850 700 1,100 1,000 1,650 60,000 65,000

925 1,300 1,200 1,450 1,800 2,050 70,000 75,000

1,450 1,800 2,050 1,600 2,250 2,700 82,000 90,000

2,000 2,250 3,000 100K

2,000 2,300 3,100 100K

2.400 2,600 3.400

2,650 2,900 3,750

3,100 2,950 4,250

3,400 3,250 4,650

4,850 5,500

5,300 6,000

1,775 1,750 2,300 2,600 2,850 3,000 11,500 12,000 13,750 13,500

1,900 2,850 3,250 13,500 15,000

1,950 3,050 5,500 15.500 18.500

2,150 3,350 6,000 17,000 20,500

3,100

3,400

THIRD CHARTER-1 st ISSUE 1902 $5 red seal 1902 $10 red seal 1902 $20 red seal 1902 $50 red seal 1902 $100 red seal

FR FR FR FR FR

587-589 613-615 639-641 664-666 686-688

300 400 475 4,500 5,300

330 440 525 5,000 5,800

350 430 500 4.750 5.750

385 475 550 5,250 6,400

485 550 650 5,000 6,000

525 600 725 5,500 6,600

750 1,150 1,500 5,750 7,000

825 1.250 1,650 6.250 7,700

1,000 1,550 1,875 7,000 8,500

1,100 1.700 2,050 7.700 9,300

1,425 1,800 2,400 9,000 10,500

1,575 2,000 2,650 10,000 11,500

1,600 2,100 2,600 10.500 12.500

THIRD CHARTER-2nd ISSUE (DATE BACK) 1902 $5 blue seal FR 590-597 1902 $10 blue seal FR 616-623 1902 $20 blue seal FR 642-649 1902 $50 blue seal FR 667-674 1902 $100 blue seal FR 689-697

100 110 115 625 950

no 120 130 675 1,050

120 120 130 640 1,275

130 130 140 700 1,400

175 175 155 750 1,650

195 195 165 825 1,800

275 280 280 1,900 2,850

300 310 310 2,100 3,150

410 400 425 2,600 3,500

450 440 465 2.850 3.850

500 435 500 3,600 4,900

550 475 550 3,950 5,300

550 460 550

THIRD CHARTER-3rd ISSUE 1902 $5 blue seal 1902 $10 blue seal 1902 $20 blue seal 1902 $50 blue seal 1902 $100 blue seal

FR FR FR FR FR

598-612 624-638 650-663 675-685 698-707

80 ■f 80 ♦ 95 + 525 875

90 90 105 575 950

100 100 no 580 1,050

no no 120 630 1,150

120 120 125 750 1,250

130 130 140 825 1,375

200 220 235 1,475 2,300

220 240 260 1,600 2,550

230 275 320 2,100 2,500

250 300 355 2,300 2,750

315 365 400 2,500 3,200

345 400 435 2,750 3,500

1918 $1 1918 $2 1915/18 $5

FR FR FR

708-746 747-780 781-809

55 200 110

60 220 120

1915/18 $10 1915/18 $20 1918 $50

FR FR FR

810-821 822-830 831

685 950 3,000

750 1,050 3,300

1914 1914 1914 1914

$5 red seal $5 blue seal $10 red $10 blue

FR FR FR FR

832-843 844-891 892-903 904-951

120 40 155 42

130 44 170 46

1914 1914 1914 1914

$20 $20 $50 $50

FR FR FR FR

952-963 964-1011 1012-1023 1024-1071

180 50 750 110

200 55 825 120

325 75 1,300 150

355 82 1,425 165

435 80 2,200 200

1914 1914 1918 1918

$100 red $100 blue $ 500 blue $1,000 blue

FR 1072-1083 FR 1084-1131 1132 FR FR 1133

800 265 2,900 3,100

900 285 3,200 3,400

1,375 360 6,300 7,100

1,500 385 6,900 7,800

2,100 400 12,000 15,000

1870-75 $10 1870-75 $20

FR 1136-1141 FR 1142-1151 FR 1152-1159

2,300 3,700 12,500

1870-75 $50 1870-75 $100

FR 1160-1161 FR 1162-1166

175K 200K

195K 225K

1882 $50 1882 $100 1905 $20

FR FR FR FR

1174-1178 1188-1197 1201-1214 1179-1180

365 775 490 900

1906 1907 1913 1922

FR 1181-1186 FR 1167-1172 FR 1198-1199 FR 1173

2,200 2,500 3,400 110K

8,800

rv nj ru

~ ~~ ~~~

~~~

630 635 640 4.200 5.200

680 690 700 4,650 5,700

825 850 900 6,300 7,000

925 950 1,000 6,900 8,000

1,500 1,750 1,900 ~~~

1,650 1,950 2,100

5,000

600 500 600 4,250 5,500

375 440 515 2,700 3,450

410 480 565 3,000 3,750

475 460 550 3,750 3,650

520 500 610 4,100 4,000

525 600 725 5,400 6,000

575 650 800 5,900 6,600

1,200 1,275 1,350

1,350 1,400 1,500

320 1,600 1,025

300 1,700 1,050

330 1,850 1,150

750 2,300 1,525

825 2,500 1,675

1,275 5,500 3,600

1,400 6,000 4,000

6,800 6,600 6,200 10,000 11,000 12,000 35,000 29,500 32,000

8,000 17,850 39,000

8,650 21,000 20,000 32,000 43,000 52,500

23,000 35,000 57,500

1,850 265 2,750 265

2,600 395 5,200 460

2,850 4,600 435 1,000 5,700 30,000 1,275 500

5,000 9,000 425 675 16,500 50,000 1,850 2,200

10,000 30,000 1,750 750 55,000 110K 7,500 2,400

33,000 1,950 120K 8,500

11,000 23,000 - 25,500 45,000 2,300 3,000 2,000 2,100 40,000 50,000 31,000 35,000 85,000 90,000 46,500 75,000

110K 50,000 6,850 3,300 57,500 70,000 100K 125K

120K 7,500 80,000 135K

75,000 70,000 85,000 85,000 140K 135K

85,000 90,000 115K 105K 165K

100K 125K

•;

moo

FEDERAL RESERVE BANK NOTES 90 + 250 185 1,000 1,575 6,100

100 275 200 1,100 1.700 6.700

100 + 360 250 1,450 2,500 8,800

no 400 275

120 630 420

1,600 2,700 9,600

2,800 4,900 13,750

130 685 460

185 1,050 550

3,100 4,000 5,400 7,000 15,250 21,000

210 1,250 850

230 1,375 950

295 1,450 925

4,350 4,200 7,400 7,700 23,000 22,500

4,600 8,200 25,000

6,000 9,000 27,000

205 1,150 600

FEDERAL RESERVE NOTES

red blue red blue

140 57 210 65 +

155 62 230 70

275 75 410 70 +

300 82 450 77

580 85 850 105

630 92 925 115

950 105 1,350 120

1,050 115 1,500 130

1,400 140 1,950 150

1,550 155 2,150 165

1,425 160 2,250 195

475 90 2,400 220

1.250 150 4.250 510

1,375 165 4,650 560

1,800 180 6,000 675

2,000 200 6,600 750

2,600 220 6,900 900

2,850 240 7,400 1,000

3,800 300 9,000 1,550

4,350 2,300 950 440 13.500 17,000 16.500 24,000

4,750 6,000 1,050 1,150 19,000 20,000 26,500 29,500

6,600 7,000 1,250 1,550 22,000 22,000 32,500 33,000

7.700 10,000 1,800 1.700 24,500 28,000 36,000 42,000

1,575 175 2,500 215

1,675 240 2,500 240

4,100 4,500 330 375 10,000 15,000 1,700 1,675

-

5,000 1,100 33,000 1,400

NATIONAL GOLD IBANK 1MOTES 13,250 35,000 38,000 45,000 74,000 85,000

38,500 45,000 50,000 55,000 95,000 95,000

5,500 11,000 35,000

12,000 35,000 67,500

200K 250K

225K 275K

300K 350K

400 850 540 1,000

435 1,100 600 1,600

475 1,200 650 1,750

1,000 1,575 1,100 3,650

1,100 1,725 1,200 4,025

3,800 4,700 2,650 8,000

4,200 4,900 5,100 6,300 2,900 4,900 8,750 11,500

95 88 385 68

105 95 425 75

160 140 425 120

175 155 465 135

240 165 575 145

265 180 625 160

575 445 2,500 300

625 485 2,750 325

100 355 520

130 365 625

145 400 685

230 460 735

250 500 800

450 1,475 2,150

500 1,625 2,350

4,300 9,750 6,000 10,500

10,750 11,500

18,500 18,500

2,500 5,000 4,200 10,000 14,000 32,500

335K 400K

400K 450K

440K 500K

450K 500K

50,000 55,000 60,000 65,000 105K 110K 500K 550K

500K 550K

60,000 65,000 75,000 75,000 130K 120K 550K 600K

550K 600K

600K 650K

600K 700K

80,000 75,000 95,000 95,000 154K 150K 650K 800K

750K 900K

850K 1 MIL

~~~

GOLD CERTIFICATES

$20 $10 $50 $10

1922 $20 1922 $50 1922 $100

FR FR FR

1187 1200 1215

90 325 485

1922 $500 1922 $1,000

FR 1216-1217 1220 FR

3,900 5,450

u.s.

20,500 35,000 20,500 44,000

7,350 6,500 8,700 10,500 7,000 7,600 16,000 20,000

15,000 30,000 35,000 70,000 20,000 50,000 50,000 105K

32,500 77,000 55,000 115K 12,000 9,250 65,000 5,750

1.500 6,300 6.500

4,500 - 4,900 11,000 2,000 2 000 8.250 2,850 2,600 25,000 60,000 7,300 22,500 5.250 2,200 - 2,400 1,225 5,250 3,350 3,050 1,650 16,000 27,500 7,000 14,500 17,500 34,000 7,100 16,000

105K 115K

100K 115K

110K 125K

110K 125K

120K ^135K

150K 155K

165K

8,100 8,800 11,500 15.500 8,300 8,900 22,000 27.500

5,400 6,900 5,400 12,500

6,000 8,000 6,400 14,500

900 700 3,100 525

1,000 775 3,400 575

1,250 975 3,900 725

1,375 1,075 4,300 800

1,325 1,250 5,500 825

1,475 1,375 6,000 900

1,825 1,825 6,800 1,125

725 2,250 2,750

800 2,450 3,050

925 2,900 3,600

1,025 3,200 3,950

1,150 4,100 4,600

1,250 4,500 5,000

38,500 55,000 + 60,000 90,000 + 80,000 95,000 48,000 70,000

100K 105K

95,000 + 105K

9,700 13,750 17,000 32.500 9,600 18.500 30,000 45,000

5,750 30,000 37,500

FRACTIONAL CURRENCY

FIRST ISSUE (1862-63) 5 cent perforated edges 5 cent straight edges 10 cent perforated edges 10 cent straight edges

FR FR FR FR

1228-1229 1230-1231 1240-1241 1242-1243

15.00 15.00 14.00 13.50

16.50 16.50 15.00 15.00

21.00 20.00 20.00 20.00

23.00 22.00 22.00 22.00

23.00 22.00 22.50 21.00

25.00 24.00 25.00 23.00

32.00 31.00 31.00 26.00

35.00 34.00 34.00 28.00

55 33 65 30

60 36 70 33

80 44 100 37

88 48 no 40

120 52 160 70

130 56 175 75

180 68 275 80

200 74 300 90

415 115 475 240

455 125 510 260

800 365 625 700

875 400 675 770

25 cent perforated edges 25 cent straight edges 50 cent perforated edges

FR FR FR FR

1279-1280 1281-1282 1310-1311 1312-1313

16.00 15.00 22.00 18.50

17.50 16.25 24.00 20.00

19.00 18.50 25.00 21.50

21.00 20.50 27.00 23.50

22.00 19.00 29.00 23.50

24.00 21.00 32.00 25.50

42.00 28.00 43.00 32.00

46.00 31.00 47.00 35.00

70 40 no 55

77 45 120 60

115 60 190 95

125 66 210 105

170 78 290 140

185 85 320 155

275 145 410 200

300 160 450 220

620 165 775 315

685 180 850 340

1,200 650 1,750 725

1,325 700 1,900 800

FR 1232-1234 1235 FR FR 1244-1248 1249 FR

15.00 17.00 13.50 15.00

16.50 18.50 15.00 16.25

20.00 23.00 17.00 19.50

22.00 25.00 18.50 21.50

22.00 35.00 20.00 30.00

24.00 38.00 22.00 33.00

29.00 90.00 27.00 85.00

32.00 100.00 29.00 95.00

44 175 31 175

48 190 34 200

46 250 44 290

50 275 48 320

55 490 60 575

60 540 65 625

80 640 80 850

90 700 90 950

235 1,250 200 1,650

260 1,375 220 1,800

400 2,500 325

440 2,750 360

FR 1283-1288 FR 1289-1290 FR 1314-1318 FR 1320-1322

14.00 15.00 17.50 + 18.00

15.25 16.25 19.00 20.00

16.00 19.00 20.00 22.50

17.25 21.00 22.00 24.50

16.50 26.00 22.00 29.00

18.00 28.00 24.00 31.00

20.00 62.00 27.00 55.00

22.00 68.00 30.00 60.00

32 125 50 no

35 135 55 120

45 185 115 215

49 200 125 235

88 410 160 345

95 450 175 375

128 675 250 585

140 735 275 650

210 975 335 1,025

230 1,075 360 1,150

450 1,650 850

500 1,800 950

1226 FR 1227 FR FR 1236-1237 1238-1239 FR

30.00 30.00 15.00 15.00

33.00 33.00 16.50 16.50

34.00 40.00 20.00 20.00

37.00 44.00 22.00 22.00

35.00 44.00 23.00 22.00

38.00 48.00 25.00 24.00

36.00 53.00 31.00 27.00

40.00 58.00 34.00 29.00

50 68 40 36

55 75 44 39

65 95 60 50

70 105 65 55

72 175 130 70

80 190 140 80

115 250 175 90

125 275 190 100

190 400 215 190

210 440 235 205

500 560 800 500

550 610 875 550

1251-1252 1253-1254 1255-1256 1291-1293 1294-1296 1297-1300

13.50 17.50 13.50 14.00 14.00 17.00

15.00 19.00 15.00 15.25 15.25 18.50

18.50 25.00 18.00 16.25 16.00 22.00

20.50 30.00 20.00 17.75 17.50 24.00

22.00 30.00 20.00 20.00 18.50 30.00

24.00 35.00 22.00 22.00 20.00 33.00

30.00 40.00 26.00 40.00 27.00 60.00

33.00 44.00 28.00 44.00 29.00 70.00

45 55 36 60 37 105

50 60 39 65 40 115

90 100 50 90 60 195

100 110 55 100 65 215

130 155 60 155 95 315

140 170 65 170 105 345

185 165 75 170 105 475

205 180 80 185 115 525

205 290 130 320 160 650

225 320 140 350 175 725

800 750 525 725 400 1,400

880 825 575 800 440 1,550

FR 1324-1327 FR 1328-1330 FR 1331-1338 FR 1339-1342

30.00 29.00 29.00 35.00

33.00 32.00 32.00 38.00

48.00 45.00 44.00 52.00

53.00 50.00 48.00 57.00

57.00 55.00 46.00 60.00

63.00 60.00 50.00 66.00

95.00 95.00 80.00 80.00

105.00 105.00 88.00 88.00

no 125 85 90

120 135 95 100

170 160 140 165

185 175 155 180

220 245 185

240 270 205 200

230 270 190 220

255 300 210 240

375 320 365 435

410 350 400 475.

1,050 800 850 1,500

1,150 880 950 1,650

SECOND ISSUE (1863-67) 5 cent 5 cent fiber paper 10 cent 25 cent 25 cent fiber paper 50 cent THIRD ISSUE (1864-69) 3 cent light background 3 cent dark background 5 cent red back 10 10 10 25 25 25

cent cent cent cent cent cent

red back auto. green back red back green back fiber paper

50 50 50 50

cent cent cent cent

Spinner-Ty. Spinner-Ty. Spinner-Ty. Spinner-Ty

FR FR FR FR FR FR 1; red back 1; auto. 1; green back 2

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SERGIO SfiNCHEZ JR. CURRENCY U.S. LARGE SIZE NOTES SPECIALIST BUY • SELL • EXPERT APPRAISALS

Large selection of US Notes, Treasury Notes, Silver Certificates, Gold Certificates, Nationals, Confederates, Colonials, & Obsoletes SMALL AND LARGE SIZE U.S. CURRENCY

Paying TOP DOLLAR for your CIS Type Notes P.O. BOX 44-2809 • MIAMI, FL. 33144-2809 TEL: (305) 567-1515* FAX: (305) 567-1898

E-mail: sergio@sanchezcurrencv.com www.sanchezcurrency.com PCDA-SPMC-ANA Member


U.S. FRACTIONAL CURRENCY continued SERIES DENOMINATION 50 50 50 50 50

cent Justice—red back cent Justice—red back; fiber cent Justice—auto. cent Justice—green back cent Justice—grn.back; fiber

FRIEDBERG NUMBERS

VG 8 FINE 12 VF 20 XF 40 AU 50 CU 60 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 1 BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK 1 ASK BID ASK BID ASK BID 37.00 75.00 40.00 36.00 41.00

40.00 52.00 85.00 140.00 45.00 50.00 40.00 43.00 45.00 52.00

1257-1261 1267-1271 1301-1307

13.50 40.00 14.00

15.00 44.00 15.50

17.00 44.00 16.00

19.00 47.00 17.50

19.00 45.00 16.50

21.00 48.00 18.00

FR FR FR

1374-1375 1376 1379

45.00 18.50 18.50

50.00 20.00 20.00

70.00 22.50 21.50

75.00 24.50 23.50

85.00 30.00 26.00

FR FR FR FR

1264 1265-1266 1308-1309 1380-1381

14.00 13.50 14.00 18.50

15.50 15.00 15.50 20.00

18.00 16.00 16.00 20.00

20.00 17.50 17.50 22.00

21.00 18.00 17.50 21.00

FR FR FR FR FR

1343-1350 1357 1355-1356 1358-1369 1370-1373

FOURTH ISSUE (1869-75) 10 cent 15 cent 25 cent

FR FR FR

50 cent Lincoln 50 cent Stanton 50 cent Dexter FIFTH ISSUE (1874-76) 10 cent green seal 10 cent red seal 25 cent 50 cent

57.00 65.00 155.00 290.00 55.00 55.00 48.00 52.00 57.00 75.00

72.00 125.00 320.00 475.00 60.00 120.00 57.00 110.00 82.00 190.00

135.00 525.00 130.00 120.00 210.00

150 600 175 140 215

165 675 190 150 235

225 1,025 260 205 425

250 1,125 285 225 465

320 1,300 400 275 775

355 1,425 440 300 850

435 2,000 440 385 1,000

475 2,200 480 425 1,100

800 2,900 725 625 1,750

875 3,200 800 675 1,900

1,400 5,500 1,350 1,500 4,500

6,500 1,500 1,650 5,500

23.00 65.00 22.00

25.00 70.00 24.00

27 70 28

29 80 31

35 80 40

38 90 44

58 100 70

63 110 77

75 135 100

80 150 110

130 210 190

140 230 210

450 1,000 475

500 1,100 525

93.00 33.00 28.00

140.00 42.00 35.00

155.00 46.00 38.00

250 75 48

275 82 52

375 100 80

410 110 88

550 235 100

600 260 110

800 300 130

875 325 140

1,300 550 290

1,450 600 320

2,375 900 700

2,600 1,000 775

23.00 20.00 19.00 23.00

26.00 23.00 22.50 27.00

28.00 25.00 25.00 29.00

36 26 30 36

40 28 33 40

55 33 38 50

60 36 42 55

75 46 44 55

80 50 48 60

80 50 55 60

90 55 60 65

135 72 65 115

145 80 72 125

350 200 350 380

400 220 385 430

U.S. FRACTIONAL CURRENCY PROOF AND SPECIMEN NOTES SERIES DENOMINATION

NARROW MARGIN WIDE MARGIN CU 60 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 CU 60 FRIEDBERG CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 ASK ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID NUMBERS BID ASK BID

FIRST ISSUE 5 cent face 5 cent back 10 cent face 10 cent back

FR FR FR FR

1231 1231 1243 1243

40 35 40 31

44 38 44 34

70 55 60 40

80 60 65 44

85 65 70 45

95 70 80 50

125 80 90 60

140 90 100 65

210 115 250 190

235 125 275 210

85 75 105 65

25 25 50 50

FR FR FR FR

1282 1282 1313 1313

42 30 62 42

46 33 67 46

73 47 77 70

80 53 85 77

100 55 90 80

110 60 100 88

150 70 155 100

165 77 170 110

205 105 290 295

225 115 320 325

SECOND ISSUE 5 cent face 5 cent back 10 cent face 10 cent back

FR FR FR FR

1232 1232 1244 1244

44 30 43 26

48 33 47 28

73 53 65 45

80 58 70 50

90 65 85 55

100 72 95 60

125 85 120 70

135 95 130 77

175 125 185 115

195 135 205 125

25 25 50 50

FR FR FR FR

1283 1283 1314 1314

47 35 47 40

53 38 53 44

65 58 65 57

70 63 70 62

88 65 90 73

95 70 100 80

135 90 150 100

145 100 165 110

200 135 300 190

220 150 330 210

THIRD ISSUE 3 cent face light 3 cent face dark 3 cent back

FR 1226 FR 1227 FR 1226-1227

70 35 26

77 40 28

95 60 40

105 65 44

115 75 50

125 85 55

165

180

Al Al Al

IV A/ A/

100

no

A# Al AT

A/ A/ A#

70

77

Al A» A»

5 cent face 5 cent back red 5 cent back green

FR 1236-1238 FR 1236 FR 1238

42 40 28

46 45 31

58 75 45

63 85 50

70 85 68

77 95 75

115 120 95

125 130 105

10 10 10 10 10

FR 1251 FR 1253 FR 1254 FR 1253-1254 FR 1255

50 68 170 50 35

55 74 185 55 38

60 85 210 80 65

65 95 230 90 70

80 100 225 95 85

88 110 250 105 93

120 130 270 120 125

130 140 295 130 135

25 cent face 25 cent back red 25 cent back green

FR 1291-1294 FR 1291 FR 1294

75 45 33

85 50 36

100 70 58

110 80 63

110 80 65

120 90 70

135 95 75

150 105 82

SPINNER 50 cent face—printed Colby & Spinner 50 cent face—auto. Colby & Spinner 50 cent face Allison & Spinner 50 cent face Jeffries & Spinner

FR FR FR FR

1324 1328 1329 1330

75 110 1,800 90

95 82 125 120 2,000 2,600 140 100

105 135 2,850 155

110 150 3,000 165

140 120 200 165 3,300 4,400 225 180

155 220 4,850 250

50 cent back red 50 cent back green 50 cent back green Ty 2

FR 1324-1330 FR 1331 FR 1339

65 65 1,900

85 70 85 70 2,100 2,200

95 95 2,400

100 100 2,650

135 110 135 110 3,750 2,900

145 145 4,100

cent cent cent cent

cent cent cent cent

cent cent cent cent cent

face back face back

face back face back

face—printed Colby & Spinner face—auto. Colby & Spinner face—auto. Jeffries & Spinner back red back green

JUSTICE 50 cent face—printed Colby & Spinner FR 50 cent face—auto. Colby & Spinner FR 50 cent face Jeffries & Spinner FR

1343 1355 1357A

95 120 170

105 130 190

125 155 255

135 170 280

135 165 295

145 180 325

155 180 390

170 200 430

50 cent back red 50 cent back green

FR 1343-1357 FR 1358

44 43

48 47

73 65

80 70

80 70

88 77

ioo

no

90

100

GRANT AND SHERMAN 15 cent face—printed Colby & Spinner 15 cent face—auto. Colby & Spinner 15 cent face—auto. Jeffries & Spinner 15 cent face—auto. Allison & Spinner

FR FR FR FR

1272 1273 1274 1275

250 1,950 260 265

340 275 2,150 2,600 350 280 370 290

370 2,850 380 400

600 3,700 500 535

875 650 4,000 4,900 700 550 750 585

950 5,400 770 825

FR

1272

140 140

185 200

205 220

260 260

330 330

365 365

15 cent back green 15 cent back red

155 155

285 285

95 85 115 70

120 95 145 105

130 105 160 115

195 160 220 155

215 175 240 170

345 275 355 265

380 300 385 290

525 435 550 475

575 475 600 525

115

125

100

no

165 105

180 115

125 160 180 135

135 175 200 150

180 185 230 175

200 200 255 190

335 290 330 320

365 320 360 350

600 590 625 615

650 640 690 665

175 145 160 150

195 185 170 160

210 200 185 175

250 220 225 220

275 240 245 240

400 380 400 350

440 420 440 385

90 80

100 90

ioo

no

90

100

160 130 145 135

145 120 140 135

160 130 155 145

160 145 210 170

175 160 230 185

205 170 290 215

225 185 320 235

285 230 415 315

310 255 455 345

525 350 650 600

575 385 715 660

2,750 160

3,050 175

no

6,250 310 210

7,000 340 230

7,250 410 330

8,000 450 360

Al Al Al

100

5,500 240 180

Al Al Al

Al IV A1

5,000 220 165

210 130 155

230 140 170

115

130

ioo

no

70

80

170 135 125

190 145 135

225 160 145

250 175 160

310 205 210

IV Al Al

M M IV

225

250

120 140 3,100 100 105

135 155 4,750 140 110

150 170 5,250 155 120

160 210 6,000 160 140

175 230 6,650 175 155

120 105 80

140 125 105

155 135 115

170 160 128

185 175 140

IV IV IV

M IV IV

165 230

180 255

110 130 2,800 90 95

165 130 115

180 145 125

110 95 73

350

400

Al IV Al

IV IV IV

250

275

IV IV IV

IV IV IV

IV Al IV

IV Al Al

IV IV IV

A/ Al Al

190 200 9,000 2,000

260 210 300 220 10,000 11,000 2,200 4,300

300 285 340 330 12,000 12,000 4,750 5,000

575 500

625 550

340 225 230

420 350 300

465 385 330

270 295 7,000 240 215

300 325 7,700 260 235

450 475

500 525

Al Al Al

Al Al Al

430 415

470 450

285 245 170

320 265 185

440 425 340

480 465 375

425 330 475 375 13,000 13,200 5,500 6,500

465 525 14,250 7,000

570 600

620 660

Al Al Al

Al Al Al

135 135 2,950

145 145 3,250

165 150 3,550

180 165 3,850

220 190 4,500

245 210 4,900

350 275 5,800

420 385 400 315 6,300 9,300

465 440 10,300

130 250 2,150

145 275 2,350

210 285 4,300

230 310 4,750

270 370 5,000

295 400 5,500

400 500 6,500

440 550 7,000

600 875

650 975

Al Al Al

Al Al Al

385 345

425 390

465 430

Al Al Al

Al Al Al

140 115

155 125

125

135

100

no

190 135

210 150

250 185

275 205

355 315

1,900

550 3,000 560 570

800 4,800 800 825

880 5,300 880 900

950 5,500 975 1,075

1,050 6,000 1,075 1,175

1,500 7,250 1,550 1,600

290 290

290 325

320 350

325 425

355 465

435

1,500 1,600

1,650 1,750

500 2,700 510 520

620 620

685 685

265 265

1,700 Al Al Al

IV Al Al

1,650 2,500 8,000 Al Al Al 1,700 2,800 1,750 2,850 475

750

2,750 Al Al Al

3,100 3,150 825

SMALL SIZE LEGAL TENDER NOTES SERIES DENOMINATION

FRIEDBERG NUMBERS

FINE 12 VG 8 ASK BID ASK BID

BID

CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 CU 60 AU 50 XF 40 VF 20 ASK ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID 190 40 70 475

210 44 80 525

210 45 150 600

230 50 160 665

280 100 250 1,000

305 110 275 1,100

325 145 565 1,550

355 160 615 1,700

1,000 575 1,450 3,575

1,100 625 1,600 3,875

20.00 18.50 20.00 18.50

40 35 35 35

44 38 38 38

75 38 47 38

82 42 52 42

82 48 80 40

90 53 88 44

125 64 170 70

140 70 185 78

365 275 625 220

400 300 685 245

15.00 6.50 6.50 6.50

16.50 7.25 7.25 7.25

35 10.00 10.00 10.00

38 11.00 11.00 11.00

38 11.00 11.00 11.00

42 12.00 12.00 12.00

40 14.50 13.00 12.50

44 16.00 14.50 13.50

45 19.00 18.00 16.00

50 21.00 20.00 17.50

170 40 38 33

185 44 41 36

6.25 6.25 6.25 21.00

6.50 6.50 6.50 28.00

7.25 7.25 7.25 + 31.00

10.00 8.00 8.00 40

11.00 8.75 8.75 44

11.00 8.50 8.50 45

12.00 9.25 9.25 50

12.50 10.50 10.50 50

13.50 11.50 11.50 55

17.00 15.00 15.00 95

18.50 16.50 16.50 105

37 27 37 290

40 30 40 320

26.00 16.00 15.00 50.00

28.00 17.50 16.50 55.00

35.00 28.00 28.00 65.00

38.00 + 31.00 + 31.00 72.00

50 40 40

55 44 44

ioo

no

75 45 45 120

85 50 50 130

85 52 55 135

95 57 60 145

360 115 77 200

400 125 85 220

785 265 250 640

860 290 275 700

13.50 13.50 10.75 10.75

15.00 15.00 10.00 10.00

16.50 16.50 11.00 11.00

28.00 28.00 12.00 12.00

+ 31.00 + 31.00 13.00 13.00

40.00 40.00 17.00 17.00

44.00 44.00 18.50 18.50

45.00 45.00 17.50 17.50

50.00 50.00 19.00 19.00

48.00 47.00 18.50 18.50

53.00 52.00 20.00 20.00

75.00 65.00 21.00 21.00

82.00 72.00 23.00 23.00

235 200 44 44

255 220 48 48

23.001 35.00 : 19.50

44 65 42

48 75 46

1928 1928 1928 1928

$1 $2 A $2 B $2

FR FR FR FR

1500 1501 1502 1503

70.00 7.50 8.75 25.00

75.00 8.50 9.75 27.00

75.00 8.00 12.00 45.00

82.00 9.00 13.00 50.00

115.00 9.00 19.00 95.00

125.00 10.00 21.00 105.00

145.00 10.50 38.00 225

160.00 11.50 42.00 250

180 17.00 60.00 300

200 + 18.50 70.00 330

1928 1928 1928 1928

CJ2 D $2 E S2 F $2

FR FR FR FR

1504 1505 1506 1507

7.00 7.00 7.20 7.00

7.75 7.75 8.00 7.75

8.00 8.00 8.15 8.00

8.75 8.75 9.15 8.75

9.00 8.25 9.25 8.25

10.00 9.00 10.25 9.25

10.50 9.25 11.50 9.50

11.50 10.25 12.50 10.50

18.00 17.00 18.00 17.00

+ + + +

1928 1953 1953 1953

G $2 $2 A $2 B (2

FR FR FR FR

1508 1509 1510 1511

7.00 5.00 5.00 5.00

7.75 5.50 5.50 5.50

8.00 5.15 5.15 5.15

8.75 5.65 5.65 5.65

8.25 5.35 5.35 5.35

9.25 5.85 5.85 5.85

9.25 5.75 5.75 5.75

10.25 6.25 6.25 6.25

1953 1963 1963 1928

C *2 J2 A $2 $5

FR FR FR FR

1512 1513 1514 1525

5.00 5.00 5.00 9.75

5.50 5.50 5.50 10.75

5.15 5.15 5.15 12.00

5.65 5.65 5.65 13.00

5.35 5.35 5.35 14.50

5.85 5.85 5.85 16.00

5.75 5.75 5.75 19.00

1928 1928 1928 1978

A J5 B $5 C $5 D $5

FR FR FR FR

1526 1527 1528 1529

10.50 9.50 9.50 14.75

11.50 10.50 10.50 16.25

12.25 11.50 11.50 20.50

13.25 12.50 12.50 22.50

16.00 12.50 12.50 40.00

17.50 13.50 13.50 45.00

10.50 10.50 9.50 9.50

11.50 11.50 9.50 9.50

12.50 12.50 10.25 10.25

12.50 12.50 9.75 9.75

E $5 F $5 J5 A $5

FR FR FR FR

1530 1531 1532 1533

9.50 9.50 8.75 8.75

1953 B $5 1953 C$5 1963 $5

FR FR FR

1534 1535 1536

8.75 8.75 8.75

9.50 9.50 9.50

9.50 9.50 9.50

10.25 10.25 10.25

9.75 9.75 9.75

10.75 10.75 10.75

10.00 10.00 10.00

11.00 11.00 11.00

12.00 12.00 12.00

13.00 13.00 13.00

17.00 17.00 15.00

18.50 18.50 16.00

17.50 17.50 15.50

19.00 19.00 16.50

18.50 19.00 16.25

20.00 21.00 17.25

21.00 32.00 18.00

1550 1551

no

112 150

115 150

140 170

150 185

170 350

185 380

230 500

250 550

300 630

330 690

345 800

375 880

525 1,000

2 050

2.250

140

102 135

475 925

125

105 140

1,150

FR FR

ioo

1,050

1966 $100 iqaa a tinn

1928 $1 1928 A $1 1928 B $1

FR FR FR

1600 1601 1602

20.00 20.00 20.00

22.00 22.00 22.00

1928 1928 1928 1934

FR FR FR FR

1603 1604 1605 1606

65.00 25.00 200.00 22.00

FR FR FR

1607 1608 1611

2.75 1.60 1.90

1928 1928 1953 1953

SMALL. SIZE SILVER CERTIFICATES

C$1 D$1 E $1 SI

1935 $1 1935 A $1 1935 B$1

24.00 24.00 24.00

72.00 82.00 27.00 31.00 220.00 320.00 24.00 26.00 5.00 3.00 2.00 1.70 3.50 2.10

26.00 26.00 26.00

25.00 25.00 25.00

90.00 130.00 57.00 34.00 350.00 360.00 27.00 28.00 5.10 5.50 2.50 2.20 3.60 3.75

26.00 26.00 26.00

28.00 28.00 28.00

33 33 33

36 36 36

42 42 48

46 46 53

45 44 52

50 48 57

48 47 57

53 52 62

64 58 75

70 65 82

230 210 250

255 230 275

145.00 210.00 62.00 105.00 400.00 700.00 28.00 29.00 5.20 5.60 2.90 2.75 3.70

230.00 115.00 775.00 31.00

280 140 850 31

310 155 925 34

360 165 1,075 42

400 185 1,175 46

450 240 1,400 46

500 260 1,550 50

600 260 1,600 53

660 285 1,750 57

685 410 2,300 82

750 450 2,500 90

1,700 1,100 4,200 285

1,850 1,200 4,600 310

5.70 3.20 4.00

5.30 3.40 3.80

5.80 3.75 4.10

7.00 6.75 8.00

7.75 7.50 9.00

14.50 8.00 9.00

15.50 9.00 10.00

22.00 11.50 12 00

24.00 12.50 13.00

39.00 14.50 16.50

43.00 16.00 18.00

60 36 45

67 40

27.00 27.00 27.00

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AUGUST 2011

the CURRENCY DEALER NEWSLETTER

R & S EXPERIMENTAL SILVER CERTIFICATES 1935 A -R- tl 1935 A ‘S' $1

FR FR

1609 1610

57 55

63 601

67 67

73 73

72 75

80

85

85 85

95 95

no 110

130 125

120 120

145 135

200 195

220 215

365 300

400 325

500 475

550 525

145 120 135 125 200 200 450 625 600 735

140 145 130 160 185 190 425 650 700 750

155 160 145 175 205 210 475 700 775 825

165 175 170 220 190 210 500 800 725 1,000

95 115 115 185 225

105 125 125 200 250

185 200 200 475 575

205 215 220

88 85 55 75 80 95 220 270 230' 285 2,400 2,300 4,300 4,200 100K 115K 210K 265K 25 27 31 35 35 40 100 95 155 145 1,550 1,650 3,100 3,100 95,000 100K 82,500 80,000 17 16 28 27 31 30 80 80 150 145

95 80 105 300 310 2,525 4,600 125K 290K 30 38 44 105 160 1,800 3,400 110K 90,000 18 30 33 90 155

125 125 150 300 385 3,250 5,000 140K 315K 35 47 48 115 240 1,900 3,700 125K 105K

no 525 440 460 1,500 750

1,325 1,300

1,475 1,450 1

SMALL SIZE NATIONAL BANK NOTES 1929 TV 1929 Ty 1929 TV 1929 TV 1929 TV1929 Ty 1929 TV 19291V1929 Ty. 1929 Ty

1 2 1 2 1 2 1 2 1 2

15 (5 >10 >10 >20 >20 >50 >50 >100 >100

FR FR FR FR FR FR FR FR FR

1800-02 1801-01 1801-02 1802-01 1802-02 1803-01 1803-02 1804-01 1804-02

30 30 30 35 37 145 275 320 400

35 35 35 40 42 160 300 350 440

44 38 42 42 50 170 315 360 450

40 35 37 38 45 155 285 330 410

48 42 45 53 55 165 310 340 420

55 46 50 58 65 180 340 375 460

75 70 70 80 85 300 400 375 440

85 80 80 90 95 325 430 415 480

95 95 95

105 105 105 no 120 385 465 480 575

100 no 350 425 440 525

100 115 105 145 170 365 500 500 600

130 no 125 115 180 180 410 575 550 675

no 125 115 160 190 400 550 550 650

190 185 240 235 550 900 800 1,100

310 325 325 325 685 600

370 350 350 750 650

IV AJ IV

Ai IV IV

1,500

1,650

IV IV <v

IV IV IV

~ ~ ~

~~~

475 500 550 1,100 1,550

525 550 600 1,200 1,700

200 200 300 525 800 8,000 15,500 185K IV IV IV

220 330 575 900 8.800 17,000 200K IV IV IV

65 80 120

75 90 135

210 390 4,000 5,250 160K 150K

19 37 35 115 150

140 140 165 330 425 3,500 5,500 155K 345K 38 52 53 125 260 2,100 4,050 135K 115K 22 40 38 125 165

40 75 73 160 275

230 430 4,400 5,750 175K 165K 45 85 80 175 300

125 900 700 1,000 2,600 1,700

135 1.000 775 1,100 2,850 1,850

340 2,500 2,400 2,500 5,750 4,550

375 2,750 2,650 2,750 6,250 5,000

SMALL SIZE FEDERAL RESERVE BANK NOTES 1929 1929 1929 1929 1929

>5 >10 >20 >50 >100

FR FR FR FR

1850 I860 1870 1880 1890

39 23 27 73

1928 1928 1928 1928 1928 1928 1928 1928 1928 1934 1934 1934 1934 1934 1934 1934 1934 1934 1950 1950 1950 1950 1950

$5 110 120 $50 $100 $500 $1,000 $5 000 $10,000 $5 $10 $20 $50 $100 $500 $1,000 $5,000 $10,000 $5 $10 $20 $50 $100

FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR

1950 2000 2050 2100 2150 2200 2210 2220 2230 1955 2004 2054 2102 2152 2201 2211 2221 2231 1961 2010 2059 2107 2157

42.0 22.00 30.00 68.00 no 700 1,450 20,000 35,000

43 25 30 80

44 26 36 82 150

40 24 33 75

43 26 38 80 140

47 28 42 88 155

45 30 43 85 165

so 33 47 93 180

48 45 53

52 50 58 115 200

105 185

68 70 85

75 77 93

155 195

170 215

82 88 90 160 200

90 95 100 175 220

520 625

SMALL SIZE FEDERAL RESERVE NOTES

10.00 13.00 21.50 55 105 700 1,275 20,000 32,500 IV IV IV 11.50 IM IM IV IV IV M IV IV /w

46. OC 24.00 33.00 75.00 120 775 1,600 22,000 40,000 11.00 14.00 22.50 60 no 750 1,375 22,000 35,000 IV IV *1 12.50 «V IV IV IV IV IV IV IV IV

48.00 + 24.00 31.00 75.00 125 750 1,700 28,000 40,000 10.15 13.10 21.75 56 106 750 1,600 27,500 37,500 IV IV IV 11.75 »V IV IV IV IV IV IV IV IV

53.00 26.00 34.00 85.00

55.00 26.00 32.00 80.00

135 825 1,875 37,500 44,000 11.15 14.10 22.75 61 113 800 1,700 37,500 42,000 IV IV IV 12.75 IV IV IV IV IV IV •V IV IV

135 1,000 1,850 45,000 60,000 10.25 13.20 21.85 58 108 775 1,700 40,000 42,500 IV IV IV 12.00 IV IV IV IV IV IV IV IV IV

60.00 28.00 35.00 90.00 145 1,100 2,000 55,000 70,000 11.25 14.20 23.00 64 115 850 1,850 50,000 47,000 IV IV IV 13.00 IV IV IV IV IV IV IV IV IV

60.Of 30.00 33.00 95.00 145 1,200 2,500 51,000 80,000

33.00 33.00 36.00 35.00 105.00 115 155 155 1,350 1,450 2,750 2,900 61,000 56,000 90,000 100K 11.35 10.50 14.30 13.50 24.00 23.00 64 66 118 112 950 950 2,050 2,200 60.000 55,000 52,500 50,000 IV IV IV 7.00 13.25 14.00 IV IV IV 23.00 IV IV IV 55.00 •V IV IV 110

10.35 13.30 22.00 60 no 875 1,875 50,000 47.500 IV IV IV 12.25 •V IV IV •V IV IV IV IV IV

36.00 42 38.00 55 125 165 180 170 1,575 1,900 3,200 3,200 66,000 62,000 110K 125K 11.50 15 14.75 19 25.00 25 70 70 120 125 - 1,025 1,300 2,375 2,500 65,000 60,000 55,000 55,000 7.75 14 15.00 20 25.00 27 60.00 65 120 125

82 46 60 180 200 2,100 3,600 72,000 135K 17 22 28 77 140 1,400 2,725 70,000 65,000 16 22 30 72 135

80 50 75 200 210 2,200 3,900 90,000 190K 23 28 32 1 90 140 1,400 2,850 87,500 72,500 15 25 28 70 140

WORLD WAR 1 1 EMERGENCY ISSUES HAWAII 1935 A $1 1934 $5 1934 A $5 1934 A $10 1934 $20 1934 A $20 NORTH AFRICA (YELLOW SEAL) 1935 A $1 19:34 A $5 1934 A $10 1934 $10

FR FR FR FR FR FR

2300 2301 2302 2303 2304 2305

30 55 60 50 55 50

33 60 65 55 60 55

33 60 65 55 63 55

36 65 72 60 70 60

38 80 80 65 85 60

42 90 90 72 95 65

40 120 115 125 140 92

44 130 125 135 155 100

48 205 200 200 425 165

53 225 220 220 465 180

90 330 330 370 900 450

100 360 360 410 1,000 490

95 375 375 400 1,100 575

FR FR FR FR

2306 2307 2309 2308

31 32 32 900

34 35 35 1,000

50 44 42 1,600

54 48 46 1,750

52 50 46 2,950

57 55 50 3,250

55 62 65 6,000

60 68 70 6,500

63 90 no 8,000

70 100 120 8,800

90 150 160 10,000

100 165 175 11,000

no 165 180 16,500

1928 1928 1928 1928 1928

FR FR FR FR FR

2400 2402 2404 2405 2407

70 80 185 300 2,250

77 88 205 330 2,450

105 405 405 435 1,200 635

100 475 400 420 1,350 685

120 135 180 190 200 235 18,000 20,000

145 235 210 350 255 435 22,000 25,000

255 925 385 1,600 475 1.425 27,500 37,500

1,025 1,750 1,575 42,500

465 575 485 650 2,300 3,050 5,350 6,750 31,000 40,000 44,000 50,000

625 950 725 1,300 3,350 4.500 7,550 18,500 43,000 70,000 55,000 75,000

1,050 1,450 5,000 20,500 80,000 85,000

3,300 4,850 12,500 85.000 165K 165K

SMALL SIZE GOLD CERTIFICATES $10 $20 $50 $100 $ 500

85 205 375 5,600

95 95 225 410 6,100

90 100 275 525 8,500

100 no 300 575 9,250

180 200 800 1,400 17,000

200 275 220 260 875 1,125 1,525 1,850 18,500 19,000

305 310 340 425 285 390 430 440 1,225 1,500 2,100 1,950 2,025 2,800 3,100 4,750 21,000 23,500 25,500 27,500 + 33,000 35,000 + 38,000 40,000

4,450 11,500 75 "on 150K 150K

UNCUT SHEETS OF SMALL SIZE CURRENCY CCRICC

DENOMINATION 1928 SI 1928 $2 1928 $5 1953 $2 1961$5

Number of FRIEDBERG NUMBERS Notes in sheet

CU 60 BID

CH CU 63 ASK

BID

VCH CU 64 ASK

BID

GEM CU 65 ASK

BID

ASK

FR FR FR FR FR

1500 1501-1508 1525-1531 1 ‘.I IM

12 12 12 18 18

8,000 800 900 675 1,000

10,000 875 1,100 750 1,150

15,000 1,200 1,220 850 1,300

18,000 1,300 1,350 950 1,450

17,000 1,500 2,000 1,250 1,650

20,000 1,650 2,200 1,375 1,850

20,000 2,250 2,400 1,850 2,700

23,500 2,500 2,650 2,050 3,000

FR FR FR FR FR FR FR FR

1600-1605 1606 1650-1654 1701

1,500 2,100 785 2,600 700 700 900 3,000

1.700 2,300 860 2,900 775 775 1 000 3,300

2,200 3,000 1,250

1607 1613 1613-1614 1655 1706

12 12 12 12 12 18 18 18

850 1,000 1,350 4,200

2,500 3,300 1,375 4,200 950 1,100 1.500 4,600

2,500 3.400 1,500 4,500 1,150 1,300 1,550 5,200

2,750 3,750 1,650 4,950 1,275 1,450 1,750 5,700

3,000 4.800 1,950 6,000 1,350 1,700 2,650 6,500

3,400 5,300 2,150 6,600 1,500 1,850 2,900 7,200

FR FR

2300 2306

12 12

3,200 5,250

3.500

5,000 K 000

5.500 8,800

6,500 9,350

7,200 10,350

11,000 18,500

FR FR

1800 1801 1802 1801

6 6

500 550

560 610 675

575 625

625 675 725

600 650 700

650 700 775 4.000

650 675 750 4.000

BID

SUP CU 67 ASK |

3,000 3,700 2,600 3,900

3,500 4.100 2.850 4,300

SILVER CERTIFICATES 1914 $1 1914 $5 ♦ u $10

' $1 ms ti I9S1 $5 19ft » £]£ WW n EMERGENCY ISSUES 1 r N AFRICA II NATIONAL CURRENCY 1 YA(> f 10 • - ; 1929 I V)

FR

tY

6 6

3,300

wm^oom

www.cdnpublications.com

5,000

5.750

IV IV IV

•v IV IV

3,000 10,000 1.950 2.300 M <V iv

3,300 11 000 2 150 2 550

12.000 20 500

15.000 IV IV -

16 750

700 725 825 4 500

«• Ml At

IV «V IV


AUGUST 2011

the CURRENCY DEALER NEWSLETTER

MILITARY PAYMENT CERTIFICATES

PAGE 7 |

REPLACEMENT MILITARY PAYMENT CERTIFICATES

ccpicc

XF 40 VG 8 FINE 12 VF 20 AU 50 CU 60 CH CU 63 GEM CU 65 VG 8 FINE 12 VF 20 XF 40 AU 50 DENOMINATION BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK 3ID ASK 3ID ASK BID ASK 3ID ASK 3ID ASK Series 461 Issued 9/16/46 through 3/10/47

5c 10c 25c 50c $1.00 $5.00 $10.00

Series 471 Issued 3/10/47 through 3/22/48

5c 10C 25c 50c $1.00 $5.00 $10.00

Series 472 Issued 3/22/48 through 6/20/51

Series 591 Issued 5/26/61 through 1/6/64

6.00 5.50 12.00 14.00 7.00 27.00 24.00

11.00 9.00 22.00 23.00 12.00 50.00 35.00

12.00 10.00 24.00 25.00 13.00 55.00 42.00

2.75 2.50 7.00 9.00 9.50 350 110

3.25 3.25 3.00 4.25 9.00 9.00 12.00 11.00 11.00 11.00 385 385 130 130

3.75 7.00 4.75 5.50 11.00 16.00 13.00 19.00 13.00 20.00 800 425 150 170

8.00 6.50 18.00 21.00 23.00 880 190

17 11 60 90 80 1,650 350

27 19 12 26 70 70 100 100 88 135 1,800 2,400 375 385

30 55 28 50 80 150 110 170 150 190 2,650 4,750 410 650

20 23 33 46 38 75 70

22 25 36 50 42 85 77

40 45 90 100 80 185 155

45 50 100 130 90 205 175

50 50 100 140 100 215 200

60 60 115 155 110 235 220

60 65 120 195 180 300 280

70 75 130 215 200 345 320

110 100 800 425 160 700 525

60 60 55 60 165 165 185 190 210 230 5,250 5,250 700 750

66 73 65 85 185 225 210 285 255 330 5,750 9,000 850 1,950

80 450 93 575 250 1,300 315 iv iv iv 365 600 10,000 2,150 5,000

1.10 1.65 2.25 4.00 6.50 95 32

1.35 1.85 2.75 5.00 7.50 105 35

1.20 3.00 7.50 11.00 14.00 160 55

1.50 3.40 8.50 13.00 15.50 175 65

1.35 8.00 15.00 28.00 33.00 260 130

1.60 9.00 16.50 32.00 37.00 280 145

2.00 12 39 43 65 650 325

2.25 5.50 14 34 43 100 48 115 75 155 725 1,700 360 1,000

6.25 38 110 130 170 1,850 1,100

8.00 45 115 140 185 1,775 1,100

9.00 14.00 64 50 125 215 155 235 210 350 1,900 2,250 1,200 2,050

15.50 95 70 100 235 260 2,200 385 320 2,450 IV IV IV 2,250

1.00 1.00 1.50 3.25 5.00 45 20

1.25 1.25 2.00 3.75 6.00 50 23

1.10 1.10 2.50 5.00 7.50 75 31

1.35 1.35 3.00 6.00 8.50 85 34

1.25 1.35 5.00 11.00 13.50 90 50

1.50 1.75 6.00 13.00 15.50 100 55

2.50 2.75 9.00 25.00 36.00 250 145

3.25 4.00 11.00 30.00 41.00 275 160

6.50 7.50 15 38 80 450 435

7.50 13.00 8.50 14.50 32 17 45 100 175 90 550 1,000 900 480

15.00 16.50 35 110 195 1,200 1,000

14.50 15.00 35 125 205 1,300 1,200

16.00 18.00 17.00 18.50 45 39 215 135 225 325 1,450 2,200 1,350 1,750

20.00 90 21.00 80 50 95 235 1,350 375 550 2,400 1,900

1.25 1.25 1.75 3.50 5.50 180 45

1.50 1.50 2.00 5.00 6.00 200 55

1.40 1.35 2.50 4.50 7.00 225 58

1.65 1.60 3.00 5.00 8.00 250 65

2.00 1.75 5.50 10.00 9.00 350 100

2.50 2.00 6.00 11.00 10.00 385 110

4.00 4.00 13.00 22.50 16.00 550 240

5.00 5.00 14.00 25.00 18.00 600 260

9.00 10.00 19 40 42 1,050 440

18 11.00 19 11.00 40 21 125 45 85 47 2,800 1,150 480 1,000

20 21 45 140 95 3,100 1,100

20 21 50 160 110 3,500 1,650

25 23 30 23 85 58 350 180 190 120 3,850 4,100 1,800 2,200

27 33 95 400 210 4,500 2,400

5c 10c 25c 50c $1.00 $5.00 $10.00

1.00 1.00 1.50 1.75 6.50 600 125

1.25 1.25 1.75 2.00 7.00 660 145

1.10 1.10 2.00 2.50 7.50 900 135

1.25 1.35 3.00 1.35 2.25 6.00 3.50 20.00 8.50 19.00 1,000 1,500 150 155

1.50 3.50 7.00 22.00 22.00 1,700 170

2.00 6.00 15.00 30.00 45.00 2,300 440

2.50 2.40 7.00 7.00 17 16.50 35 33.00 70 50.00 2,550 2,900 485 1,100

2.80 5.00 17 8.00 30 19 125 38 275 80 3,200 5,000 1,200 1,950

5.50 5.50 18 19 31 33 150 135 300 300 5,500 6,000 2,150 3,500

8.50 6.00 20 27 34 38 170 290 330 480 7,000 12,000 4,000 4,800

65 9.50 55 30 135 42 75 320 535 335 14,000 8,000 5,400 1,800

5c 10c 25c 50c $1.00 $5.00 $10.00

1.00 1.25 8.00 13.00 7.00 360 75

1.25 1.25 1.50 2.00 9.00 10.00 15.00 15.00 8.00 10.00 415 390 105 85

1.50 4.00 3.50 2.50 12.00 14.00 17.00 21.00 12.00 19.00 575 455 185 115

5.00 4.00 16.00 24.00 22.00 625 210

8.00 8 00 30.00 45.00 45.00 850 335

18 10.00 21 10.00 50 33.00 75 52.00 80 52.00 950 1,200 825 365

41 22 44 24 120 55 135 85 150 90 1,350 2,900 925 1,800

45 45 50 50 130 130 185 150 195 180 3,200 3,500 2,000 2,200

50 60 55 70 300 145 205 305 215 430 3,850 6,000 2,400 3,200

80 20 80 330 335 1,300 480 475 6,600 3,500 IV IV IV

1.20 1.25 1.75 4.25 3.50 80 75

3.00 1.50 3.00 1.75 2.25 10.00 5.00 17.00 4.00 4.75 120 90 120 85

3.50 3.50 11.00 19.00 5.50 130 130

7.00 7.00 20.00 27.00 10.00 250 210

8.00 8.00 22.00 30.00 11.00 300 230

8.00 9.00 26 30 25 350 285

5c 10c 25c 50c $1.00 $5.00 $10.00

Series 541 Issued 5/27/58 through 5/26/61

3.45 5.50 3.45 4.50 10.00 11.00 11.00 12.00 5.00 6.00 21.00 25.00 21.00 22.00

1.25 1.50 2.25 3.75 4.50 85 22

5c 10c 25c 50c $1.00 $5.00 $10.00

Series 521 Issued 5/25/54 through 5/27/58

2.50 3.00 2.50 3.00 7.00 9.00 9.25 10.00 4.00 4.50 20.00 19.00 20.00 19.00

1.00 1.25 1.75 3.25 4.00 75 20

5c 10c 25c 50c $1.00 $5.00 $10.00

Series 481 Issued 6/20/51 through 5/25/54

2.00 2.00 6.00 8.25 3.00 17.50 17.50

Series 611 Issued 1/6/64 through 4/28/69

5c 10c 25c 50c $1.00 $5.00 $10.00

Series 641 Issued 8/31/65 through 10/21/68

5c 10c 25c 50c $1.00 $5.00 $10.00

Series 651 Issued 4/28/68 through 11/19/73

5c 10c 25c 50c $1.00 $5.00 $10.00

Series 661 Issued 10/21/68 through 8/11/69

5c 10c 25c 50c $1.00 $5.00 $10.00 $20.00

Series 681 Issued 8/11/69 through 10/7/70

10C 25c 50c $1.00 $5.00 $10.00 $ 20.00

Series 691 Unissued $1.00 $5.00 $10.00 $20.00 Series 692 Issued 10/7/70 through 3/15/73

5c 10c 25C 50c $1.00 $5.00 $10.00 $20.00

Series 701 Unissued $1.00 $5.00 $10.00 $20.00

1.00 1.00 1.00 3.00 3.00 66 45

1.25 1.50 1.50 4.00 3.50 76 50

9.00 10.00 29 33 27 385 315

16 18 60 85 40 475 550

1.60 3.00 2.25 3.00 3.75 7.00 6.50 9.00 8.50 19.00 100 77 85 40

18 20 65 95 48 525 600

17 19 70 100 48 550 725

3.50 3.50 3.50 4.50 7.50 8.00 11.00 13.00 21.00 20.00 130 no 115 95

19 21 75 no 55 600 825

35 30 450

28 42 92 170 100 1,125 1,450

IV Al IV

70 400 250

4.00 6.00 5.00 14.00 17 8.50 25 15.00 35 22.00 240 145 180 125

6.75 16.00 19 28 38 265 200

45 90 85 100 100 300 85

1.00 1.00 1.00 1.00 1.00 8.00 7.00

1.25 1.05 1.25 1.05 1.25 1.05 1.25 1.10 1.50 1.50 11.00 12.00 8.00 8.50

1.30 1.30 1.30 1.40 2.00 14.00 9.50

1.10 1.10 1.10 1.25 2.00 17.00 15.00

1.35 1.35 1.35 1.75 2.50 19.00 17.00

1.15 1.15 2.00 2.50 3.25 34.00 29.00

1.40 1.40 2.50 3.00 3.75 38.00 32.00

1.20 1.50 2.50 5.50 7.50 70 37

120 45 120 55.00 1.00 24.00 22.00

135 125 50 50 130 130 60.00 60.00 1.50 1.50 28.00 28.00 24.00 25.00

130 140 55 55 140 140 65.00 65.00 2.00 2.50 32.00 35.00 28.00 29.00

145 60 150 70.00 3.00 40.00 32.00

135 65 150 70.00 4.50 47.00 46.00

150 70 165 75.00 5.50 53.00 53.00

140 75 160 75 11 60 60

155 80 175 80 14 65 70

145 80 170 80 18 72 105

160 90 185 85 20 80 115

150 90 180 85 21 78 125

165 100 200 95 23 85 140

160 100 190 110 32 82 150

175 no 210 Al Al Al 120 Al Al Al 36 90 Al Al Al 165 2,200

1.20 1.20 1.20 1.40 1.20 1.50 140 65

1.45 1.45 1.45 1.90 1.45 2.00 155 72

1.30 1.30 2.00 2.00 2.00 5.00 330 140

1.60 1.60 2.50 2.50 2.50 6.00 365 155

1.65 1.50 3.00 4.00 3.50 5.50 450 210

2.00 2.25 4.00 5.00 5.50 6.50 500 230

4.00 3.75 11.00 11.00 11.00 13.00 800 675

4.50 4.25 12.00 12.00 12.00 14.00 900 750

5.50 5.25 12.50 12.50 14.00 16.00 1,150 850

6.00 5.75 13.50 13.50 15.50 18.00 1,250 925

11.00 10.50 17.00 18.00 22.00 25.00 1,750 1,000

145 12.00 140 11.50 140 19.00 20.00 1,500 85 24.00 325 27.00 750 1,900 310 1,100

1.10 1.30 1.10 1.30 1.10 1.30 1.10 1.30 1.75 2.00 3.00 10.00 19.00 25.00 16.00 26.00

1.35 1.35 1.35 1.35 2.75 11.00 27.00 28.00

1.15 1.15 2.00 2.25 2.25 16.00 43.00 45.00

1.40 1.40 2.50 3.00 3.00 18.00 47.00 50.00

1.25 1.60 3.50 4.50 3.50 20 70 80

1.75 2.40 4.50 5.50 4.50 22 80 90

4.00 4.00 7.00 8.50 9.00 35 175 175

IV IV IV

iv IV IV

■V IV IV

IV IV IV

IV IV IV

IV IV IV

IV IV IV

IV IM IV

IV IV IV

IV IV IV

IV IV M

IV IV IV

IV IV IV

IV IV IV

1.00 1.00 1.00 1.00 1.00 1.00 80 55

1.25 1.25 1.25 1.25 1.25 1.50 90 62

1.10 1.10 1.10 1.10 1.10 1.25 105 60

1.00 1.25 1.05 1.00 1.25 1.05 1.00 1.25 1.05 1.00 1.25 1.05 1.10 1.50 1.25 I. 25 2.00 2.00 II. 00 13.00 17.00 10.00 12.00 14.00

iv iv hi

1.00 1.00 1.00 1.25 1.50 30 45 35

IV IV IV

IV IV IV

»v iv »v

1.25 1.25 1.75 1.75 1.75 33 55 40

IV 6l M

IV IV IV

1.35 1.35 1.35 1.35 1.35 1.75 115 67

ai #v iv

iv iv iv

iv IV IV

IV IV IV

1.10 1.10 1.10 1.50 1.85 35 58 45

1.35 1.35 1.35 1.90 2.25 40 65 50

IV IV IV

IV IV IV

IV IV IV

75

1.20 1.20 1.35 1.90 3.00 45 95 75

1.45 1.45 1.65 2.75 3.50 50 105 85

1.30 1.30 2.25 3.00 10.00 80 195 100

1.60 1.60 2.60 4.00 11.00 90 220 110

1.75 2.00 4.75 6.75 12.00 110 280 270

2.75 4.00 3.00 4.50 5.50 10.00 7.75 14.00 40 14.00 325 120 450 310 465 30C

IV IV iv

IV IV IV

IV IV IV

IV IV IV

IV IV IV

IV IV IV

IV IV IV

IV IV IV

IV iv IV

IV IV IV

IV IV IV

IV IV IV

IV IV IV

IV IV IV

•V IV IV

IV IV IV

IV IV IV

5.00 4.50 4.50 5.00 10.00 10.00 10.50 10.50 10.00 11.00 63 40 200 195 325 195

525 650 ,500

575 650 725 1,000 1,700 2,200

725 1,100 2,400

65 70

700

725

5,750 3,000 160 165

105 120

2,450 3,500 375 360

100 90 105 1,500 675

7.00 8.00 17 29 65 475 900 950

8.00 9.00 19 32 75 525 1,000 1,050

IV IV IV

375 600 550 650

425 660 600 710

..l__.UlUe.*.*/

200

7,000 8,500

9,500

175 185

375 400 2,200

450 475 2,400

675 700 ,900

750 775 775 810 3,200 a

IV Al

Al Al Al

725

875

,400

1,500

1,650

1,600 2,900

1,800 3,200

3,200 5,900

3,500 6,500

375 395

430 475

470 450

510 550

V Al Al

Al Al Al

210 235

240 270

3,850 4,800 535 430

5,300 650

750

900

Al Al Al

Al Al Al

Al Al Al

Al Al Al

220 175 260

260 205 285

V Al Al

Al Al Al

Al Al Al

Al A1 IV

650

775

750

875

V Al Al

Al Al Al

165 155 300 375 400

185 175 330 415 440

Al Al Al

Al Al Al

145 130 225 340 380

75 ioo 65 80 180 150 no 90 410 365 9.000 2,000 3,900 90

305 300 400 425 575

335 330 440 475 650

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Al Al Al

120 100 245 140 500

135 115 270 160 550

4,300 5,500

6,000

145

165

no 90 200 130 450

120

130

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Al Al Al

Al Al Al

Al Al Al

1,450 1,500 750 550

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900

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1,600 ~

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350 300 440

425 360 485

900

1,100

475 665 600 675

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725 675 865

900 850 1,100

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Al Al Al

Al Al Al

Al Al IV

Al Al Al

Al Al Al

Al Al Al

Al Al Al

Al Al Al

210 220 360 255 850

250 250 400 265 1,250

275 275 440 290 1,400

Al Al Al

Al Al Al

Al Al Al

Al Al Al

8,300

9,100

210

230

4,500 7,500 1,350

750 700 900

3,300

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290

75 70 900

85 77 1,100

850 950

1,450 1,550 3,000 1,550

190 200 325 230 700

3,750 1,200

2,000 1,000

600 550 725

700 800

330

8,500

IV IV IV

90 75

100 82

Al Al Al

Al Al Al

300 290 525 300

350 340 600 350

Al Al Al

Al Al IV

375

425

Al Al Al

Al Al Al

60 140 135 145 145 425 135

70 200 185 210 210 450 230

80 240 215 250 250 500 255

100 310 275 330 330 650 410

110 370 325 400 400 775 450

125 390 325 415 425 1,000 575

200 150 500 430 450 390 600 460 610 475 1,200 2,000 625 1,350

225 550 500 650 675 2,400 1,500

Al Al Al

Al Al Al

Al Al Al

Al Al Al

Al Al Al

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Al Al Al

Al Al Al

Al Al Al

Al IV Al

Al Al Al

Al Al Al

Al Al Al

Al Al Al

Al Al Al

Al Al Al

Al Al Al

Al Al Al

2,400 4,500

5,000 6.000

6,600 11,000 12,500

170 170 165 160 165 160 1,700 2,400 150 100 400 375 800 850 395 360

260 190 180 185 225 185 2,700 3,100 215 170 450 480 875 900 425 480

300 225 250 3,400 235 550 975 525

420 320 400

470 350 440

490 350 525

330 700 1,075 725

365 850 1,175 800

375 1,000 1,650 1,150

no 120

130 140

165 180

195 215

200 225

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Al Al Al

90 95

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85 75 500 425 210

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125 125 600 550 400

150 150 660 600 450

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240 230 800 775 550

250 230 975 900 675

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Al Al Al

Al Al Al

Al Al Al

Al Al Al

Al Al Al

Al Al Al

Al Al Al

Al Al Al

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72 85 180 23C 16C 1,45C

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95 95 250 335 210 1,375 650

105 105 300 385 24C 1,52! 72.

550 385 575

550 360 675

420 410 1,150 2,200 1,850 4,000 1,300 2,300

650 400 750

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235 110

260 120

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Al Al Al

Al Al Al

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Al Al Al

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Al Al Al

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Al Al Al

Al Al Al

Al Al IV

Al Al Al

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425

400

450

490

490

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Al Al Al

Al Al Al

Al Al Al

Al Al Al

Al Al Al

670

740

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350

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4,800 575 575

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440 500

1,775 - 1,950 1,100 1,200 900 1,000 4,600 5,000

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Al Al Al

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365 255 2,050 2,500 1,500 1,900

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Al Al Al

60 50 725

IV Al IV

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50 45 600

Al Al Al

825 1,000

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10.00 11.00 13.00 14.00 20.00 no 310 500

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AUGUST 2011 INTRODUCING

BUYING - SELLING - TRADING

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AUGUST 2011

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AUGUST 2011

NOBODY PAYS MORE!

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Facts #B<34 • P.O. Box 18523 • Irvine,CA 92623

r


the CURRENCY DEALER newsletter

the Greensheet a monthly report on the Currency Market published by the Coin Dealer Newsletter (est. 1963) -

Vol. XXXll

SEPTEMBER 2011

No. 9

Single copy price: $5.00

1,265,000 FOR SINGLE LOT IN BASS SALE ROSEMONT AUCTION PRODUCES STRONG REALIZATIONS

ACTIVITY . . .across the market by Kevin Foley Stack's Bowers auction at the recently concluded American Numis¬ matic Association Convention was presented in an especially attrac¬ tive and well researched group of catalogs. The 55 lot Harry W. Bass separate catalog merits particular mention. It is likely to become a collectable in its own right in the years ahead. Offering a museum quality selection of especially significant Educational Notes, including seldom offered Essay Proofs, associated items and documents, as well as a bound presentation set of Serial Number 1-4 Uncut Sheets of the $1, $2 and $5 Educational Notes, it is one of the most attractive catalogs to emerge in the rare currency field in recent memory and was especially well researched. Estimated by the auction company at $1,000,000 - up, the three sheet Serial #1-4 Educational Note presenta¬ tion set cost its new owner $1,265,000. The overall gross realization for both the Bass collection offering and the balance of the Federal Cur¬ rency holdings sold by Stack's Bowers in Rosemont was $5,956,235 for the 943 lots included in the sale. A spokesman for the auction company characterized the overall results by saying "Nationals and the Ultra High Denominations were weak points, while great prices were fetched for Large Size Type and Obsoletes."

LARGE SIZE TYPE NOTES Several lots in the specialized Bass collection catalog demonstrated the value enhancing effect of pedigree. A PMG 64 $2 1896 Silver estimated at $5,000-$7,000 sold for $8,050. Similar results were achieved for other material in the Bass section, i.e. realizations in advance of the cataloger's estimate. All but one of the 55 Bass lots sold, while the sellthrough rate for the balance of the firm's Large Size Type Note lots reached a respectable 85%. Among some of the noteworthy highlights in the Large Size Type Note offerings were a Fr. 197a 1863 Interest Bearing Note certified as PCGS Apparent VF30. It went for $60,375, just above the high end of its estimate. Another Large Size Type Note rarity was the Fr. 326 1880 $50 Silver certified as PCGS Apparent VF25 Restoration. While not quite reaching the low end of its estimate, it yielded a still impressive $54,625. While it is not at all uncommon for the condition of Large Size Type Notes, especially in the Uncirculated grades, to be artificially en¬ hanced, it is worth mentioning that disclosure of such status is more likely to be made the rarer and more valuable an item is. Most buyers of exceptionally rare material with cosmetic difficulties and damage would seem to prefer knowingly acquiring a repaired/restored/en¬ hanced item than having an original Note with imperfections intact. Indeed, skillful professional restoration of such items increases, rather

SMALL SIZE TYPE NOTES Small Size Type Notes in the Rosemont auction experienced a sellthrough rate of 72%. One of the success stories was a Fr. 2211-J and Fr. 2212-J $1,000 changeover pair. It sold at roughly the middle of its estimate range at $25,875. In the recent past, $5,000 and $10,000 Small Size Federal Reserve Notes have enjoyed a ready market. The single $5,000 and two $10,000 FRNs in the Rosemont auction failed to sell, however. Another significant Note that failed to find a buyer was a $1,000 Fr. 2210-HtV certified as PCGS 45. A Fr. 1605a, a recently discovered $1 1934 Silver Certificate was estimated at $100,000$150,000, but also failed to find a buyer. In general, demand for the rarest and most valuable of the Small Size Type material at Rosemont failed to be propelled by Bidders to levels that surpassed the reserve expectations of consignors.

FRACTIONAL CURRENCY Fractional Currency remains somewhat somnolent, with the great¬ est buyer interest focused on the areas of rarity and exceptional condi¬ tion. The small Rosemont offering contained a number of uncut sheets that, despite a John J. Ford, Jr. pedigree and relatively conservative estimates, mostly failed to sell. The bright spot of this section was a Fr. 1383a Green Fractional Currency Shield. It sold for $20,700, roughly in the middle range of its estimate.

NATIONAL BANK NOTES National Bank Notes in the Rosemont sale experienced a 71% sellthrough rate, indicative of an imbalance between buyer and consignor price expectations. It should be kept in mind, however, that in this highly geographically specialized series of sub-markets, the presence or absence of as few as one or two highly motivated buyers in a particular auction can have a material effect on results. One of the best National Bank Notes in the sale was the very last lot, an XF Serial #1 Red Seal issued by the First National Bank of Newcastle, Wyoming. A particularly aesthetically pleasing Note, it sold for $46,000, only slightly below the low end of its estimate. A Missoula, Montana $1 Original Series Note in PMG VF30 was estimated at $30,000-$50,000. It sold for just below the low estimate, at $27,313. A high profile rarity failing to reach either the $300,000 low end of its estimate or the consignor's reserve, was the Fr. 1138 Serial #1 National Gold Bank of D.O. Mills $5 certified as PCGS XF40.

MISCELLANEOUS The Stack's Bowers sale in Rosemont included a significant offer¬ ing of Liberty Loan Bonds. A 100% sell-through rate was achieved for this specialized offering, one of the few bright areas in an otherwise moribund stock and bond marketplace. A highlight was the $17,825 result for a Third Liberty Loan $1,000 414% Gold Bond of May 9,1918. It had been estimated at $10,000-$15,000.

Guest commentary provided by Kevin Foley, P.O. Box 573, Milwaukee, WI 53201, kfoley2@wi. rr. com, Phone /4-14) 421-3484______

than decreases their market value.

The Greensheet reports the national currency market on a monthly basis.


(O. VKKJ.1 jon ma

the CIRRENCY DEALER ommJm newsletter

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PL Bl ISHl R 4. I Dl I OR CIRCULATION &

Shane Downing Betty Morris

ADVLRTISINC

jrtb the 1 kutumai currency ma 14 numthiy ba»i> Under the- present »y*tem, *x*t ■» or otters fc» buy and sell, but the bnud information source* of' the th News’ as letter make kst The pnct» in the Newsletter are Iran dealer- u*-dealer traiv»actu>rv» -$7M. Ads ertising Rate*. 135.00 per column inch. Advertising space is limited; ads will be

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> <U07bSt>) is published monthly by CDN Inc., 18807Crenshaw Place, Torrance, CA 90504mce, CA Pi^STMASTER: Sena aadress changes to the Currency Dealer Newsletter, P.O.

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Slides 1934 Liqlu Green SeaL S500 FeiJeraI Reserve Notes The focus of this article is Series 1934 Light Green Seal $500 Federal Reserve Notes, a specialty within the area of high denomination Notes and sub-category of collectible United States currency. Often abbreviated as "LGS," Light Green Seal $500 FRNs have come full circle from once practi¬ cally unnoticed, to now highly collectible and prized. Series 1934 LGS $500s have characteristics unlike their 1928, 1934 Dark Green Seal "DGS" or 1934A counterparts. The LGS $500s were printed on snow white paper with the Treasury seal and serial numbers inked in vivid lime green. It's this look, or this contrast, that makes these Notes so appeal¬ ing. Additionally, these Notes are all found with relatively low serial num¬ bers as they were the earlier printings for Series 1934. Single digit examples have been encountered, and have garnished huge sums of money. Contrarily. Series 1934 DGS and Series 1934A $500s will never be found with low numbers. Light Green Seal $500 FRNs can be collected in a variety of ways. The most popular method is the completion of the district set. (That is a 12 Note set with one Light Green Seal $500 from each of the 12 issuing Federal Reserve Banks.) The task is quite achievable in lower Circulated grades. A considerable step up would be a nicely matched set in XF/AU condition. Completion of this set with an emphasis on originality, centering and overall eye appeal should be considered a challenge. The finest 1934 Light Green Seal $500 district sets would contain CH-GEM CU examples. In this grade range, survival rates are very low, and in some cases, only one or two high grade examples are known to exist. Nevertheless, in LGS format, all 12 issuing banks can be obtained in original CH CU or better. The balance of this article is dedicated to acquiring these 12 different LGS $500s in CH-GEM CU. Addressed herein is relative rarity, pricing, and some of the pitfalls collectors should be aware of. For our purposes, the assignment of rarity is based on two factors. (1) Combined PMG and PCGS population reports in CH CU 63 EPQ/PPQ and higher; (2) What we call "frequency of encounter" which is what we have actually observed in the field, raw or certified. It also needs to be noted that PMG/PCGS combined population totals don't take into consideration the same Note (same serial number) having been submitted to both of the major grading services. Actual totals may therefore be even lower than combined totals suggest. This is where serial number recordings in the field become important. The most "available" districts of Uncirculated LGS $500s are from the Cleveland, St. Louis and Minneapolis Federal Reserve Banks. Combined PMG/PCGS population reports show 10 or more known examples of each of these banks in CH CU or better. In January 2008 a Cleveland LGS $500 in PMG 65 EPQ sold for $3,220 at Heritage Auctions. The real surprise though is the Minneapolis District in this grouping. This low printing bank has a reputation of being elusive, but CH-GEM CU runs have been observed and graded by both major grading services. The next group of slightly tougher Notes would be from the Kansas City, Chicago, and Philadelphia banks. Combined PMG/PCGS populations show

less than 10 examples of each of these districts are known in CH CU or better. In September, 2008 a Kansas City LGS $500 in PMG 66 EPQ sold for $13,800 at Heritage Auctions. The real sleeper out of this group though is the Chicago $500 FRN. This District was one of the most prolific issuers of Series 1934 $500s, yet in Light Green Seal variety, this bank is almost non-existent in GEM CU. Authors note regarding Fr. 2201-G: Beware of third-party graded examples misattributed Light Green Seal. Seal color charts may be necessary to verify seal variation. The second toughest grouping of light green seal $500s are from the following Federal Reserve Banks: New York, Richmond and Boston. Com¬ bined PMG/PCGS populations show less than five examples of each of these districts known in CH CU or better. In true GEM CU the Boston and Rich¬ mond Notes are very rare. As with the Chicago District (see above) beware of Boston District examples that may be misattributed LGS by third-party graders. These two banks in particular (Boston and Chicago) produced quantities of transitional Green Seal $500s that have been known to receive erroneous designation. The rarest group of Light Green Seal $500s are from the Atlanta, San Francisco and Dallas Federal Reserve Banks. Districts 6 and 11 are extreme rarities in high grade LGS. There are currently no GEMs known on Atlanta or Dallas. One example of each is known in original CH CU. The San Francisco District was (until recently) unknown in original CH CU or better. The pop report now shows a mere two original Uncirculated examples for District 12. It still remains one of the banks for set completion. All three of these banks should be considered exceedingly rare in original CH CU and higher. In summary, combined population report totals indicate that completion of a 12 Note district set in CH CU or higher may be limited to just a few collectors. For those unwilling to wait years if not decades to find these 12 Notes in high grade, an evenly matched district set of original XF/AU Notes would be more obtainable. A set of Notes in this grade still offers great eye appeal, challenge, and rarity at a fraction of the price.

Marc Michaelsen Marc Michaelsen, Inc P.O. Box 1949 • Boca Raton, FL 33429 ph: 561-347-8300 • email: marc@highdenomination.com

GRADING Sight-Seen wholesale prices are for accurately graded Notes — Certified or Raw. Superb Crisp Gem Crisp Very Choice Crisp Choice Crisp Crisp V Im* 1 sf

Uncirculated-67 A nearly flawless Note with perfect centering. Full wide margins all around. Colors are totally bright, crisp and vibrant. Quality is outstanding. Uncirculated-65 An almost perfect Note. Better than average margins. No aging or fading. Uncirculated-64 A bright Note that's slightly below Gem quality. Margins and color are above average. A Note that may have slight centering problems. Uncirculated-63 A nice new Note but not quite Gem. Centering may be a little off. May show some aging or light counting smudges or wrinkles. Unr irculated-60 No trace of circulation. Can have centering problems, pin holes, counting smudges, wrinkles, close margins, or a corner tip fold (not into design). Unrirculated-50 (Almost new) These will be much the same as a "new" Note except for a single fold or several corner folds. Extra Fine-40 Circulated; may have some folds; still has some crispness. Very f ine-20 Some circulation; may show several folds and will have lost some of its crispness and color. Fine-12 Well-circulated with little crispness remaining; edges may be rough. Very Good-fl Will be fairly well-soiled; may be significantly worn; might have roughness around the edges with only minute problems._

Use of the Fricdberg numbering system is by license granted by the Coin and Currency Institute, Inc. Publishers of Paper Money of the United States, P.O. Box 1057, Clifton, N.J. 07014


SEPTEMBER 2011

the CURRENCY DEALER NEWSLETTER

PAGE 3 \

CONTINENTAL & COLONIAL CURRENCY SERIES DENOMINATION

VG 8 FRIEDBERG FINE 12 VF 20 CH CU 63 XF 40 CU 60 AU 50 VCH CU 64 GEM CU 65 SUP CU 67 ASK BID ASK BID NUMBERS BID ASK BID ASK BID ASK BID ASK BID ASK ASK BID ASK BID ASK BID

Continental Connecticut W/Hole Connecticut No Hole Delaware

CC CT CT DE

1-102 1-240 1-240 1-92

50 37 55 60

57 42 65 70

63 43 70 70

70 48 80 80

90 46 84 85

100 50 93 95

105 50 120 115

115 56 130 130

Georgia Maryland Massachusetts W/Hole Massachusetts No Hole

GA MD MA MA

1-131 1-138 1-289 1-289

280 45 33 95

315 50 36 105

340 55 35 110

375 60 38 120

360 70 43 130

400 80 47 145

650 95 56 170

New New New New

NH NH NT NY

1-185 1-185 1-218 1-237

185 650 60 60

200 700 67 67

205 775 68 80

225 850 74 88

230 1,000 85 105

250 1,100 95 115

North Carolina Pennsylvania Rhode Island South Carolina

NC PA RI SC

1-215 1-272 1-301 1-192

65 48 53 95

75 53 58 105

85 51 55 135

95 56 60 155

90 55 62 185

Vermont Virginia

VT VA

1-8 1-225

6,750 85

7,500 95

8,500 115

9,500 125

13,500 125

Hampshire W/Hole Hampshire No Hole Jersey York

155 65 150 155 1,000 170 68 230

210 80 180 180

230 88 200 200

275 90 260 230

305 100 285 255

315 120 300 275

345 130 330 300

400 135 325 400

700 105 61 190

140 57 140 140 925 155 63 210

1,850 260 80 260

2,050 285 88 285

2,500 305 100 310

2,750 340 110 345

2,750 340 120 400

3,000 375 130 440

275 1,350 100 135

300 1,500 110 150

315 1,775 130 165

350 1,950 140 180

575 2,400 160 205

625 2,650 175 225

635

700

1,050

1,150

3,750 420 175 750 M IV M

4,125 460 190 825 hi M 19

190 320

210 350

230 340

250 375

365 400

100 60 70 205

135 78 70 250

150 84 80 275

185 100 80 275

200 110 88 300

260 180 120 415

255 205 165 410

280 225 180 450

19,000 180

21,000 200

295

320

250 140 110 385 IV IV iv 460

240 165 110 385

15,000 135

230 130 100 355 iv iv iv 420

550

600

750

43,000 44,000 140K

48,000 49,000 155K

50,000 55,000 170K

55,000 60,000 190K

800 340 1,000 1.000 iv iv nj h IV hi 19 19 hi

880 375 1,100 1,100 iv iv iv hi hi hi hi 19 19

400 440

725 1.075

800 1,175

375 245 230 485 19 19 19 1,150

450 400 370 890 19 19 hi

550 440 410 975 19 19 19

825

340 225 210 450 19 19 M 1,050

65,000 70,000 185K

75,000 80,000 205K

85,000 110K 235K

95,000 120K 260K

IV hi 19 M hi M hi hi hi

"9 * ~ 1 ~ IV IV 1 hi hi hi |

435 150 355 450

-

OEMAND NOTES FR FR FR

1-5 6-10 11-15

1,250 2,350 20,000

1,400 2,600 22,000

1,800 5,000 40.000

1862 $1 1862 $2 1862-3 $5 1862-3 $10 1862-3 $20

FR FR FR FR FR

16-17 41 61-63 93-95 124-126

145 290 335 480 1,250

160 320 370 540 1,375

260 460 395 850 1,750

285 500 430 925 1,950

435 900 525 1,300 3,250

475 975 575 1,425 3,550

1862-3 $50 1862-3 $100 1869 $1 1869 $2

FR FR FR FR

148-150 165-167 18 42

6,000 12,500 210 345

6,600 14,000 230 375

13,000 27,500 375 525

14,500 30,000 405 575

27,500 45,000 575 1,150

1869 1869 1869 1869

$5 $10 $20 $50

FR FR FR FR

64 96 127 151

180 340 1,100 6,450

195 375 1,200 7,000

385 585 1,650 17,000

415 640 1,800 19,000

1869 1874 1874 1874

$100 $1 $2 $50

FR FR FR FR

168 19 43 152

6,800 95 185 2,500

7,600 105 205 2,750

14,000 145 325 4,500

1875 1875 1875 1875

$1 $2 $5 $10

FR FR FR FR

20-26 44-47 65-68 97-98

73 165 105 475

80 180 115 525

1875 1875 1875 1878

$20 $50 $100 $1

FR FR FR FR

128 153 169-170 27

525 125K 5,500 80

1878 1878 1878 1878

$2 $5 $10 $20

FR FR FR FR

48-49 69 99 129

1878 1878 1880 1880

$50 $100 $1 Ig. seal; red nos. $1 lg. seal; blue nos.

FR FR FR FR

1880 $1 sm. seal 1880 $2 lg. seal; red nos. 1880 $2 lg. seal; blue nos.

11861 $5 11861 $10 11861 $20

2,000 5,500 44,000

3,400 11,000 82,500

3,700 12,000 90,000

15,000 23,000 115K

16,500 25,000 125K

30,000 32,000 125K

33,000 35,000 135K

U.S. NOTES CLEGAL TENDER) 815 2,150 900 2,600 5,750 50,000 70,000 1,600 3,100

1,075 2,550 1,150 2,750 7,000

1,175 2,800 1,250 3,000 7,750

1,400 2,900 1,175 3,200 8,250

1,550 3,200 1,275 3,500 9,000

1,800 3,500 1,925 4,750 10,000

2,000 3,800 2,125 5,250 11,000

2,100 5,300 2,600 7,000 13,000

2,300 5,850 2,850 7,600 14,500

4,600 8,000 5,500 17.500 16.500

5,000 8,800 6,000 19,000 18,000

15,000 17.500 8,500 25,000 32.500

16,500 19,500 9,250 27,500 35,500

30,000 50,000 625 1,275

740 1,950 825 2,400 5,250 45,000 60,000 1,450 2,800

180K 85,000 1,950 3,850

200K 95,000 2,150 4,250

200K 95,000 2,350 4,400

220K 105K 2,600 4,800

225K 145K 2,450 5,200

250K 155K 2,700 5,700

175K 5,000 7,900

195K 5,500 8,700

210K 7,300 13,500

230K 8,000 15,000

20,000 28,750

22,000 32,000

700 850 3,200 35,500

825 925 3,500 39,000

1,250 1,475 4,750 65,000

1,375 1,650 5,250 71,000

1,950 2,200 7,750 90,000

2,150 2,400 8,500 100K

2,100 3,250 10,250 100K

2,300 3,550 11,250 110K

2,250 3,950 13,750 130K

2,450 4,300 15,000 145K

3,325 6,500 20,000 160K

3,675 7,150 21,850 175K

4,350 9,500 34,000 195K

4,750 10,500 37,000 215K

8,500 20,000 62,500

9,250 22,000 68,500

15,500 160 355 5,000

24,500 250 575 5,750

27,000 275 625 6,300

40,000 525 1,050 7,400

44,000 575 1,150 8,100

70,000 750 1,275 10,500

77,000 825 1,375 11,500

80,000 975 1,450 19,000

88,000 1,075 1,600 21,000

120K 1,275 1,700 35,000

130K 1,375 1,875 39,000

140K 1,850 2,300 60,000

155K 2,050 2,550 66,000

175K 2,500 4,250 90,000

190K 2,750 4,650 100K

225K 5,500 8,000 145K

250K 6,000 8,800 155K

100 330 150 950

110 360 165 1,050

160 510 275 1,650

180 560 300 1,800

335 750 425 1,950

360 825 475 2,150

550 1,000 525 2,500

600 1,100 575 2,750

685 1,225 750 3,000

750 1,350 825 3,300

775 1,550 1,000 5,750

850 1,700 1,100 6,250

820 1,950 1,050 7,700

900 2,150 1,150 8,500

1,350 2,700 1,800 16,000

1,450 3,000 1,950 17,500

3,000 4,500 4,250 23,500

3,250 4,900 4,650 26,000

575 135K 6,000 90

975 185K 13,000 115

1,075 205K 14,500 125

1,375 225K 24,000 200

1,500 250K 26,500 220

2,000 300K 36,000 340

2,200 325K 40,000 375

2,400 325K 55,000 575

2,650 350K 65,000 625

2,750 375K 65,000 640

3,000 405K 75,000 700

3,500 400K 70,000 850

3,850 440K 80,000 925

4,450 425K 80,000 1,050

4,850 475K 90,000 1,150

7,350 500K 100K 1,675

8,050 550K 110K 1,800

13,500 19 hi hi 19 hi hi

15,000 hi hi hi hi hi hi

4,200

4,600

145 105 310 465

160 115 340 515

305 175 575 600

335 195 625 660

475 330 750 850

525 365 850 925

625 500 1,200 1,150

675 550 1,300 1,250

800 650 1,850 1,650

880 710 2,050 1,800

1,125 950 3,050 1,950

1,225 1,050 3,350 2,150

1,450 1,150 3,900 2,600

1,600 1,250 4,300 2,850

1.850 1,450 4.850 2,750

2,025 1,600 5,250 3,050

3,450 2,000 8,500 3,750

3,750 2,200 9,500 4,150

154 171 28-30 31-33

2,450 4,200 90 300

2,700 4,600 100 330

4,200 7,500 140 425

4,600 8,500 155 465

7,500 12,500 200 685

8,250 13,750 220 750

12.500 17.500 330 1,225

14,000 19,500 36b 1,350

20,000 24,000 525 1,850

22,000 26,500 575 2,050

25,000 26,500 600 2,300

27,500 29,000 650 2,550

40,000 32,500 630 2,900

44,000 35,500 690 3,200

62.500 37.500 675 3,750

70,000 42,500 750 4,100

95,000 55,000 1,100 5,500

105K 60,000 1,200 6,000

7,250 4,300 19.500 11,000 IV IM IV

8,000 4,700 21,500 12,000 hi hi hi

3,150 20,000

3,450 22,000

FR FR FR

34-35 50-52 53-54

85 90 625 90

95 100 675 100

110 120 925 115

120 130 1,025 125

180 210 1,575 145

200 230 1,750 160

265 375 3,800 235

290 410 4,200 260

420 550 5,000 400

460 600 5,500 440

625 700 5,750 750

685 775 6,250 825

800 800 8,300 825

900 875 9,200 900

875 1,300 13,500 900

975 1,425 15,000 1,000

1,000 2,100 30,000 1,300

1,100 2,300 33,000 1,425

2,750 4,200 60,000 3,400

3,000 4,600 66,000 3,700

1880 $5 lg. seal; red nos. 1880 $5 lg. seal; blue nos. 1880 $5 sm. seal

FR FR FR

70-72 73-78 79-82

95 87 82 215

105 97 90 235

150 150 105 400

165 165 115 435

285 300 130 575

310 330 145 625

485 475 240 825

535 525 265 900

600 550 325 1,200

675 600 360 1,325

775 700 500 1,450

850 775 550 1,600

825 900 525 1,650

900 1,000 575 1,800

950 925 575 2,000

1,050 1,000 625 2,200

2,500 1,375 1,150 3,400

2,750 1,500 1,250 3,750

4.200 3,300 2.200 6,500

4,600 3.600 2,450 7,150

1880 $10 lg. seal; blue nos. 1880 $10 sm. seal 1880 $20 lg. seal; blue nos.

FR FR FR

103-109 110-113 130-139

220 210 275 225

240 230 300 250

365 320 365 320

400 350 400 350

650 450 550 365

710 500 600 400

850 800 1,150 800

950 875 1,250 875

1,200 1,050 1,500 1,050

1,300 1,150 1,650 1,150

1,350 1,350 1,700 1,400

1,500 1,500 1,850 1,550

1,550 1,500 1,875 1,600

1,700 1,650 2,075 1,750

1,700 1,600 2,750 1,950

1,850 1,725 3,050 2,150

2,750 2,500 3,850 3,250

3,000 2,750 4,250 3,550

6,500 4,300 10,000 6,750

7,150 4,750 11,000 7,400

1880 1880 1880 1880

$20 sm. seal; red nos. $50 lg. seal $50 sm. seal $100 lg. seal

FR FR FR FR

146-147 155-161 162-164 172-178

185 1,650 1,550 3,900

205 1,800 1,700 4,300

275 3.250 2,375 7.250

300 3,550 2,600 8,000

365 5,000 2,850 15,000

405 5,500 3,150 16,500

725 6,500 6,400 28,000

800 7,100 7,000 31,000

1,000 8,750 8,500 43,500

1,100 9,500 9,300 47,500

1,150 10,100 10,000 55,000

1,250 11,100 11,000 60,000

1,500 13,750 13,750 70,000

1,650 15,000 15,000 77,000

1,700 14,750 14,850 75,000

1,850 16,000 16,100 82,000

2,900 22,000 27,500 95,000

3,200 - 24,000 + 30,000 105K

4,500 40,000 35,000 hi hi hi

5,000 45,000 38,000 IV IV /V

1880 1901 1907 1917

$100 sm. seal $10 $5 $1

FR FR FR FR

179-182 114-122 83-92 36-39

3,200 425 70 45

3,500 465 75 50

6,000 650 120 60

6,600 700 130 65

11,500 675 140 70

12,500 735 150 75

23.500 1,900 300 105

26,000 2,075 325 115

28,500 2,550 340 135

31,000 2,800 370 150

34,500 3,450 385 170

37,500 3,800 425 190

41,000 4,000 400 180

45,000 4,400 440 200

50,000 4,850 490 200

55,000 5,250 540 220

70,000 6,600 640 375

77,000 7,250 700 415

iv nj iv 15,500 1,800 1,050

iv iv /v 16,500 1,950 1,150

FR FR FR

57-60 40 123

50 80 475

55 90 525

65 115 1,000

70 125 1,100

70 135 2,700

75 150 3,000

120 265 4,250

130 290 4,650

170 375 5,800

185 410 6,350

230 500 6,750

250 550 7,500

265 575 7,900

290 625 8,650

315 600 14,500

345 650 + 16,000

460 850 17,000

500 920 + 18,500

1,700 2,525 25,000

1,875 2,775 27,500

1,650 1,800 14,500 25 000

55,000 65,000 95,000 125K

60,000 70,000 105K 140K

70,000 80,000 115K

77,000 88,000 125K

~ IV IV 9 hi hi ~ ~ IV

19 hi hi 1 h"9 hi 1 hi hi hi 1

2,400 5.500

h"9 "I IV IV IV

""9h. 1 IV IV IV |

1917 $2 1923 $1 l Q73 $10

+ +

+

+

+

+

-

+

COMPOUND INTEREST TREASURY NOTES 11863-64 $20 11863-64 $50 11863-64 $100

FR FR FR

191 192 193

1,500 1,650 13,000 22 500

361-65 $10 1 1861â&#x20AC;&#x201D;66 $20

FR FR

196 197

2,200 5.000

2,600 3,000 27,000 40.000

6,500 13,500 45,000 70.000

2,850 3,350 30,000 44.000

7,100 15,000 50,000 77,000

15,000 27,000 65,000 90 000

+ 16,500 30,000 70,000 100K

21,000 35,000 75,000 95.000

23,000 38,000 82,000 105K

30,000 39,500 80,000 105K

33,000 43,000 88,000 115K

50,000 60,000 90,000 120K

55,000 65,000 100K

INTEREST BEARING NOTES 13,000

16,000 25,000

6,000 14,500

18,000 27,500

24,500 40.000

27,000 44.000

31,000 57.500

34,000 65,000

1

IV

f*/

IV

REFUNDING CERTIFICATES

_I

SILVEF* CERTIFICATES ,100 2,000 3,850 5,250

I

MW

1,200 2,200 4,250 5,750

1,650 3,200 8,500 14,000

3,500 9,500 15.500

2,600 6,750 22,000 25.000

2,850 7,350 24,000 27,500

4,500 10,000 46,000 65.000

4,950 11,150 50,000 75,000

6,000 22,000 70,000 130K

6,500 24,000 77,000 145K

6,650 28,500 110K 175K

7,300 32,500 120K 195K

8,300 38,500 125K 200K

9,100 42,500 135K 220K

10,500 44,000 140K 240K

11,500 48,500 155K 265K

18,500 60,000 225K 300K

155 275 700 525

250 450 1,025 800

275 500 1,150 900

300 600 1,950 1.775

330 650 2,100 1,950

500 1,275 4,350 3,800

550 1,375 4,750 4,150

1,050 1,800 6,500 6,000

1,150 2,000 7,100 6,500

1.300 2,000 7,200 7.300

1,450 2,200 7,900 8,000

1,375 2,100 9.500 9.500

1,500 2,300 10,500 10,500

1,975 2,200 11,200 14.000

2,175 2,400 12,300 15,500

3,500 5,000 16,000 27,500

20,500 65,000 250K 330K

35,000 80,000 300K

3,850 5,500 17,250 30,000

6,600 7,000 50,000 47,500

38,000 87,000 330K

1880 $20 1880 $50

FR FR

309-312 325-329

1886 $1 1886 $2 1886 $5

FR FR FR

215-221 240-244 259-265

140 250 635 475

1886 $20 1891 si 1891 $2

FR FR FR

313-316 222-223 245-246

1,275 140 210 245

1,375 150 230 270

3,000 180 330 350

3,300 200 360 385

5,500 315 625 675

6,000 345 675 750

14,500 500 1,500 1.200

16,000 550 1,650 1,325

32,000 650 2,150 1.700

36,000 725 2,350 1,850

50,000 1,000 2,750 2.550

55,000 1,100 3,000 2,800

55,000 1,100 3,100 3,000

60,000 1,200 3,400 3,300

62,500 1,200 3,850 3,250

70,000 1,300 4,200 3,550

1,650 10,000 5.500

1,800 10,800 6,000

4,800 17,500 12,000

5,200 + 19,000 13,000

1891 $10 1891 $20 1891 $50

FR FR FR

298-301 317-322 330-335

185 485 1,250 4,100

205 535 1,375 4,500

425 825 1,850 7,000

465 900 2,000 7,700

775 1,050 3,250 18,000

850 1,150 3,550 20,000

1,350 2,600 5,800 30,000

1,475 2,850 6,300 33,000

1,850 3,500 7,200 55,000

2,000 3,800 7,900 62,500

2,800 4,750 8,500 75.000

3,100 5,250 9,500 85,000

3,150 5,750 11,000 95.000

3,450 6,250 12,000 105K

4,150 8,800 15,000 120K

4,550 9,600 16,500 130K

14,500 25,000 160K

16,000 27,500 175K

47,000 55,000 200K

52,000 60,000 220K

1896 $1 1896 $2 1896 $5

FR FR FR

224-225 247-248 268-270

6,000 10,000 750

7,000 13,000 775

7,750 14,250 850

18,000 20,000 2,500

+20,000 22,000 2,750

1899 $1 date below 1899 $ 1 date right 1899 $2

44-

+ +

+

7,200 7,700 55,000 52,500

ioo

no

315 575 90

345 625 100

250 500 600 105

275 550 675 115

275 750 1,725 115

300 825 1,900 125

685 2,500 4,250 210

750 2,750 4,600 230

1,000 3,800 6,300 240

1,100 4,100 6,900 265

1,700 4,150 7,200 335

1,850 4,550 7,900 365

1,950 4,300 8,600 475

2,150 4,700 9,400 525

5,500 9,000 675

FR226A-229 FR 230-236 FR 249-258

60 60 88 300

65 65 95 33C

84 85 155 375

92 95 170 425

110 95 180 450

120 105 200 500

175 160 340 1.000

195 175 370 1,100

205 205 635 1.600

225 225 700 1,750

285 285 800 1,950

315 315 875 2.100

400 320 825 2.100

440 350 900 2,300

355 1,050 2.700

390 1,150 2,950

Dlb 520 1,435 4,500

Oi9 57C 1,575 4.95C

1,225 4,000 9,200

1,375 4,300 10,000

1908 $10 1923 $1

FR FR

302-304 237-239

255 20 480

28C 22 525

410 25 500

450 28

675 33 850

740 36 950

1,150 50 1,800

1,250 55 2,000

1,500 57 2,350

1,650 62 2,550

1,950 70 2,900

2,150 78 3,150

2,650 80 3,100

2,900 90 3,400

90 3,775

100 4,175

125 5,800

13= 6,35C

440 15,000

485 lb 500

1890 $1 1890 $2 1890 $5

FR FR FR

347-349 353-355 359-361

170 325 220 475

35C 24C 525

725 375 750

415 800 415 825

485 1,350 850 1,300

1,500 925 1,450

1.450 3.450 1,500 2 700

1,600 3,750 1,650 3,000

2,200 6 300 3,500 3.400

2.400 7,000 3,850 3,750

2,600 7,000 3 700 3.850

2,850 7,800 4,050 4,250

3,250 8 500 5,000 5.500

3.55C 9.50C 5.50C 6.00C

4.4&U 10,750 8,000 7.250

4, IOU 11,750 8,750 8,000

40,000 12,000 17,000

+ 44,000 13,000 18,250

75,000 23.500 28.500

+85,000 25,500 31,000

1890 $20 1891 $1

FR FR

372-374 350-352

1,450 90 200

1.60C 10C 22C

2,750 140 385

3,025 155 425

5,000 210 700

5.50C 230 775

7,000 420 1,450

7.75C 460 1,600

10,000 650 1,800

11.00C 700 1,950

11,750 770 2,100

12.75C 85C 2.30C

15,000 800 2.375

16,5UC 87E 2.55C

825 2,650

900 2,875

1,275 3,250

1,37* 3,57

2,750 6,250

3,000 7,000

1891 $5 1891 $10

FR FR

362-365 369-371

335 525 2,400

37C 575 2.70C

600 875 3,450

65C 95C 3.75C

825 1,275 5,950

90C 1,400 6.50C

1,325 1,650 7.50C

1,425 2,150 7,600

1,575 2,350 8.30C)

3 000 10,000

3.30C 11,00()

3,400 14,750

3.70C 16.25C>

3,650 18,000

4,00 3 20,00(3

11,000 37,500

12,000 41,000

FR

235 305 1.75C

1,200 1,500 6,750

1891 $20

215 275 1,600

+

+

ES

www. cdnpublications. com


Be Part of the Stack's Bowers Momentum by Consigning to Baltimore! Stack's Bowers Galleries Official Auction of the Whitman Coin and Collectibles Baltimore Expo Auction & Lot Viewing November 14-19, 2011 | Consign U.S. Lots by October 3, 2011 The Stack's Bowers Galleries Official ANA World's Fair of Money Auction in August realized Over $40 Million, Including these Amazing Highlights!

United States of America. 1781 Benjamin Franklin Printed and Signed Loan Certificate for 1,000,000 Livres Very Fine. From the Poor Richard's Collection

New York, New York. Knickerbocker Bank of the City of New York. June 1, 1852. $2. Choice Fine. Realized $40,250

Realized $218,500

Fr. 11. 1861 $20 Demand Note. PCGS Very Fine 25. Realized $80,500

1896. Silver Certificates. Bound Presentation Set of the First Educational Uncut Sheets. $1, $2, and $5. Fr-224, 247, and 268. From the Bass Collection Part V

Fr. 1219e. 1907 $1,000 Gold Certificate. PMG Choice Uncirculated 63. Realized $184,000

Realized $1.265.000 The most ever paid at auction for a single U.S. currency lot!

Newcastle, Wyoming. $10 1902 RS. Fr. 613. The First NB. Charter #7198. Extremely Fine. Realized $46,000

Contact a consignment specialist today to find out how you can maximize your consignment potential in the next Stack's Bowers Galleries auction in Baltimore this November!

Stacks# Rouwti

^

GALLERIES

A Spectrum Group International Company

800.458.4646 West Coast Office 800.566.2580 East Coast Office 18061 Fitch, Irvine, CA 92614 • 949.253.0916 info@stacksbowers.com • www.stacksbowers.com California • New York • New England • Hong Kong SBG CDNGS 8 29 11


SEPTEMBER 2011

the CURRENCY DEALER NEWSLETTER

PAGE 4

NATIONAL BANK NOTES SERIES DENOMINATION

1 | | I | 1 1 1 1 1 1 I 1 1

■ 1

FRIEDBERG VG 8 FINE 12 VF 20 XF 40 AU 50 CU 60 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 1 NUMBERS BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASKl ASK BID

1st ISSUE Original SI rays FR 380-382 1875 $1 scallops FR 383-386 Original S2 rays FR 387-389 1875 S2 scallops FR 390-393 Original $5 rays FR 394-399 FR 401-408 1875 $5 scallops Original $10 rays FR 409-414 1875 $10 scallops FR 416-423 Original $20 rays FR 424-429 1875 $20 scallops FR 431-439 Original S50 rays FR 440-443 1875 $50 scallops FR 444-451 Original $100 rays FR 452-455 1875 $100 scallops FR 456-463 SECOND CHARTER-1 st ISSUE (BROWN BACK) 1882 $5 FR 466-478 1882 $10 FR 479-492 1882 $20 FR 493-506 1882 $50 FR 507-513 1882 $100 FR 519-531 SECOND CHARTER-2nd ISSUE (DATE BACK) 1882 $5 FR 532-538 1882 $10 FR 539-548 1882 $20 FR 549-557 1882 $50 FR 558-565 1882 $100 FR 566-572 SECOND CHARTER-3rd ISSUE (VALUE BACK) 1882 $5 FR 573-575 1882 $10 FR 576-579 1882 $20 FR 580-585 1882 $50 FR 586 1882 $100 FR 586 A THIRD CHARTER-lst ISSUE 1902 $5 red seal FR 587-589 1902 $ 10 red seal FR 613-615 1902 $20 red seal FR 639-641 1902 $50 red seal FR 664-666 1902 $100 red seal FR 686-688 THIRD CHARTER-2nd ISSUE (DATE BACK) 1902 $5 blue seal FR 590-597 1902 $10 blue seal FR 616-623 1902 $20 blue seal FR 642-649 1902 $50 blue seal FR 667-674 1902 $ 100 blue seal FR 689-697 THIRD CHARTER-3rd ISSUE 1902 $5 blue seal FR 598-612 1902 $10 blue seal FR 624-638 1902 $20 blue seal FR 650-663 1902 $50 blue seal FR 675-685 1902 $100 blue seal FR 698-707

400 425 2,050 2,650 925 800 1,000 1,000 1,900 1,675 11,000 11,000 13,000 13,000

450 465 2,250 2,900 1,025 875 1,100 1,100 2,100 1,825 12,000 12,000 14,250 14,250

665 600 2,650 3,100 1,050 900 1,350 1,150 2,200 1,725 12,000 12,000 14,250 14,250

730 660 2,875 3,400 1,150 975 1,475 1,250 2,450 1,900 13,000 13,000 15,750 15,750

800 925 4,200 3,750 1,375 1,250 1,700 1,500 2,550 2,250 13,000 13,000 15,250 15,250

320 325 385 3,300 3,100

350 350 425 3,600 3,350

340 340 450 3,650 3,250

375 375 500 4,000 3,500

270 350 625 3,500 5,100

290 385 675 3,800 5,600

310 430 680 3,700 5,500

340 475 740 4,000 6,000

425 410 600 37,500 70,000

465 550 450 500 675 625 42,000 45,000 80,000 80,000

875 1,000 4,600 4,025 1,525 1,375 1,850 1,650 2,800 2,475 14,250 14,250 16,750 16,750

1,375 1,375 5,450 5,450 2,000 2,000 2,250 2,150 3,100 3,100 14,000 14,000 17,500 17,500

1,500 1,500 5,950 5,950 2,200 2,200 2,450 2,350 3,400 3,400 15,500 15,500 19,500 19,500

1,850 1,850 7,000 7,000 2,600 2,600 3,100 3,000 4,200 4,200 18,050 18,050 26,100 26,100

2,050 2,050 7,600 7,600 2,850 2,850 3,400 3,300 4,600 4,600 20,000 20,000 28,500 28,500

2,300 2,375 7,750 7,850 3,250 3,250 4,350 4,150 5,300 5,300 20,050 20,050 28,500 28,050

2,525 2,600 8,450 8,550 3,550 3,550 4,750 4,550 5,800 5,800 22,000 22,000 31,500 31,500

2,950 2,700 9,000 9,100 3,750 3,750 4,900 4,600 6,000 6,000 22,550 22,550 34,400 34,400

3,250 3,000 9,800 9,900 4,100 4,100 5,400 5,000 6,600 6,600 25,000 25,000 38,000 38,000

3,300 3,300 10,500 11 000 4 650 4^450 6^000 5,850 6,700 6>00 24,500 24,500 38,500 38,500

3,600 3,600 11,500 12 000 5 000 4 850 6| 600 6,350 7 300 7^300 27 000 27'000 42 500 42^500

4,750 4,750 14,500 16,500 6,500 6 350 7^500 8,000 9 100 9^ 100 28,700 28,700 48,500 48^500

5,250 5,250 16,000 18 500 7,100 7^000 8,200 8,875 10,000 10,000 31,000 31,000 52,500 52^500

440 460 700 4,150 5,000

480 500 775 4,550 5,500

750 850 1,150 6,000 8,000

825 925 1,250 6,600 8,800

1,025 1,200 1,900 7,000 11,250

1,100 1,325 2,100 7,700 12,500

1,175 1,825 2,350 10,000 13,500

1,275 2,000 2,600 11,000 15,000

1,250 2,200 2,750 12,500 16,000

1,350 2,425 3,000 13,500 18,000

1,575 2,300 3,150 15,000 18,000

1,825 1,725 2,550 2,400 3,450 4,000 16,500 22,500 20,000 24,000

375 525 725 4,500 6,700

410 575 800 4,950 7,300

700 800 1,100 4,700 7,900

770 875 1,200 5,150 8,700

1,050 1,225 1,900 6,750 11,000

1,150 1,350 2,100 7,300 12,000

1,500 1,600 2,000 9,500 13,000

1,650 1,750 2,150 10,500 14,500

1,650 2,200 2,375 11,000 14,000

1,800 2,400 2,575 12,500 16,000

1,725 2,500 2,500 13,500 16,000

1,900 1,925 2,750 3,250 2,700 2,650 15,000 18,000 18,000 20,000

660 850 700 1,100 1,000 1,650 60,000 65,000

925 1,200 1,800 70,000

1,300 1,450 2,050 75,000

1,450 1,600 2,250 82,000

1,800 2,050 2,700 90,000

2,000 2,250 3,000 100K

2,000 2,300 3,100 100K

2,200 2,500 3,400

2,400 2,600 3,400

2,650 2,900 3,750

3,100 2,950 4,250

IV IV IV

fU IV IV

IV IV IV

IV IV IV

IV IV IV

IV IV IV

IV IV IV

IV IV IV

600 600 550 650 700 925 50,000 55,000 90,000 ~ ~ ~

Al Al Al

M N N

IV IV ai

N »V <V

N N N

noK

8,800

ft/ -V -If

„, IV IV

-LI If “If

<v IV IV

IV IV IV

Al IV IV

-If -If IV *V -if -V *, IV

Al A. A, Al Al Al IV,

Al Al Al

«.

Al Al Al

IV Al IV

A. Al A.

2,000 2,650 4,350 25,000 26,500

3,000 4,400 7,500 33,000 35,000

3,350 4,800 8,300 36,000 38,500

2,075 3,600 2,850 20,000 22,000

3,000 3,650

3,350 4,050

IV IV IV

Al Al Al

IV IV Al

Al Al Al

IV IV IV

Al Al Al

3,400 3,250 4,650

4,850 5,500

5,300 6,000

IV IV IV

Al Al Al

IV IV IM

IV IV A,

IV IV IV

Al Al Al

IV IV IV

IV IV IV

IV IV IV

Al Al Al

300 400 475 4,500 5,300

330 440 525 5,000 5,800

350 430 500 4,750 5,750

385 475 550 5,250 6,400

485 550 650 5,000 6,000

525 600 725 5,500 6,600

750 1,150 1,500 5,750 7,000

825 1,250 1,650 6,250 7,700

1,000 1,550 1,875 7,000 8,500

1,100 1,700 2,050 7,700 9,300

1,425 1,800 2,400 9,000 10,500

1,575 2,000 2,650 10,000 11,500

1,600 2,100 2,600 10,500 12,500

1,775 2,300 2,850 11,500 13,750

1,750 2,600 3,000 12,000 13,500

1,900 2,850 3,250 13,500 15,000

1,950 3,050 5,500 15,500 18,500

2,150 3,350 6,000 17,000 20,500

100 110 115 625 950

no 120 130 675 1,050

120 120 130 640 1,275

130 130 140 700 1,400

175 175 155 750 1,650

195 195 165 825 1,800

275 280 280 1,900 2,850

300 310 310 2,100 3,150

410 400 425 2,600 3,500

450 440 465 2,850 3,850

500 435 500 3,600 4,900

550 475 550 3,950 5,300

550 460 550 3,900 5,000

600 500 600 4,250 5,500

630 635 640 4,200 5,200

680 690 700 4,650 5,700

825 850 900 6,300 7,000

925 950 1,000 6,900 8,000

100 100 110 575 950

100 100 110 580 1,050

110 110 120 630 1,150

120 120 125 750 1,250

130 130 140 825 1,375

200 220 235 1,475 2,300

220 240 260 1,600 2,550

230 275 320 2,100 2,500

250 300 355 2,300 2,750

315 365 400 2,500 3,200

345 400 435 2,750 3,500

375 440 515 2,700 3,450

410 480 565 3,000 3,750

475 460 550 3,750 3,650

520 500 610 4,100 4,000

525 600 725 5,400 6,000

575 650 800 5,900 6,600

295 1,450 925 6,000 9,000 27.000

320 1,600 1,025 6,600 10,000 29,500

300 1,700 1,050 6,200 11,000 32.000

825 330 750 1,850 3,500 + 3,800 1,675 1,150 1,525 8,650 * V 8,000 12,000 17,850 20,000 43,000 35.000 39.000

1,425 160 2,250 195 3,800 300 9,000 1,550 10,000 1,800 28,000 42,000

1,575 175 2,500 215 4.100 330 10,000 1,700 11,000 2,000 31,000 46,500

1,675 240 2,500 240 4,500 375 15,000 1,675 23,000 2,100 35,000 75,000

1,850 265 2,750 265 5,000 425 16,500 1,850 25,500 2,300 40,000 85,000

2,600 395 5,200 460 9,000 675 50,000 2,200 45,000 3,000 50,000 90,000

60,000 75,000 120K 550K 600K

65,000 75,000 130K 550K 600K

75,000 85,000 140K 600K 650K

70,000 85,000 135K 600K rooK

6,500 8,700 7,000 16,000 1,375 1,075 4,300 800 1,025 3,200 3,950 100K 105K

7,350 10,500 7,600 20,000 1,325 1,250 5,500 825 1,150 4,100 4,600 95,000 105K

8,100 11,500 8,300 22,000 1,475 1,375 6,000 900 1,250 4,500 5,000 105K 115K

8,800 15.500 8,900 27.500 1,825 1,825 6,800 1,125 1,500 6,300 6,500 100K 115K

90 + 90 + 100 + 525 875

8,000

3,100

3,400

IV IV IV

Al Al Al

IV IV IV

Al Al Al

IV IV IV

Al Al Al

IV IV IV

Al Al Al

1,500 1,750 1,900

1,650 1,950 2,100

IV IV IV

IV Al Al

IV IV IV

Al Al Al

1,200 1,275 1,350

1,350 1,400 1,500

IV IV IV

Al Al Al

IV IV IV

A. Al Al

1,275 5,500 3,600 21,000 32,000 52.500

1,400 6,000 4,000 23,000 35,000 57,500

2,850 435 5,700 500 10,000 750 55,000 2,400 50,000 3,300 57,500 100K

4,600 1,000 30,000 1,275 30,000 1,750 110K 7,500 110K 6,850 70,000 125K

5,000 1,100 33,000 1,400 33,000 1,950 120K 8,500 120K 7,500 80,000 ■

80,000 75,000 95,000 95,000 154K 150K 750K 650K J00K 900K

85,000 105K 165K 850K 1 MIL

90,000 115K

100K 125K

9,700 13,750 17,000 32.500 9,600 18.500 30,000 45,000 2,000 4,500 2,000 2,600 7,300 22,500 1,225 2,200 1,650 3,050 7,000 14,500 7,100 16,000 110K 110K 125K 125K

15,000 35,000 20,000 50,000 4,900 2,850 25,000 2,400 3,350 16,000 17,500 120K 135K

30,000 70,000 50,000 105K 11,000 8,250 60,000 5,250 5,250 27,500 34,000 150K 155K

32,500 77,000 55,000 115K 12,000 9,250 65,000 5,750 5,750 30,000 37,500 165K '- K

FEDERAL RESERVE BANK NOTES 1918 $1 1918 $2 1915/18 $5 1915/18 $10 1915/18 $20 1918 $50

FR FR FR FR FR FR

1914 1914 1914 1914 1914 1914 1914 1914 1914 1914 1918 1918

708-746 747-780 781-809 810-821 822-830 831

55 200 no 685 950 3.000

60 220 120 750 1,050 3.300

no + 250 185 1,000 1,575 6.100

FR 832-843 FR 844-891 FR 892-903 FR 904-951 FR 952-963 FR 964-1011 FR1012-1023 FR1024-1071 FR1072-1083 FR1084-U31 FR 1132 1133 | FR

120 40 155 42 180 50 750 no 800 265 2,900 3,100

130 44 170 46 200 55 825 120 900 285 3,200 3,400

140 57 210 65 325 75 1,300 150 1,375 360 6,300 7,100

FR1136-1141 FR1142-1151 FR1152-1159 FRl160-1161 FR1162-1166

2,300 3,700 12,500 175K 200K

2,500 5,000 4,200 10,000 14,000 32,500 195K 200K 225K 250K

FR1174-1178 FRl188-1197 FR1201-1214 FRl179-1180 FR1181-1186 FR1167-1172 FRl 198-1199 FR 1173 FR 1187 FR 1200 FR 1215 FR1216-1217 FR 1220

365 775 490 900

435 1,100 600 1,600 160 140 425 120 130 365 625 9,750 10,500

120 275 200 1,100 1,700 6,700

115 + 360 250 1,450 2,500 8.800

125 400 275 1,600 2,700 9.600

120 630 420 2,800 4,900 13.750

130 68£ 460 3,100 5,400 15,250

185 1,050 550 4,000 7. 21.000

205 1,150 600 4,350 7,700 23.000

210 1,250 850 4,200 7,400 22.500

230 1,375 950 4,600 8,200 25,000

FEDERAL RESERVE NOTES $5 red seal $5 blue seal $10 red $10 blue $20 red $20 blue $50 red $50 blue $100 red $100 blue $500 blue $1,000 blue

155 62 230 70 355 82 1,425 165 1,500 385 6,900 7,800

275 75 410 70 435 80 2,200 200 2,100 400 12,000 15,000

300 580 85 82 450 850 77 105 1,250 475 150 90 2,400 4,250 510 220 4,350 2,300 440 950 13,500 17,000 16,500 24.000

630 92 925 115 1,375 165 4,650 560 4,750 1,050 19,000 26,500

950 105 1,350 120 1,800 180 6,000 675 6,000 1,150 20,000 29,500

1,050 115 1,500 130 2,000 200 6,600 750 6,600 1,250 22,000 32,500

1,400 140 1,950 150 2,600 220 6,900 900 7,000 1,550 22,000 33.000

1,550 155 2,150 165 2,850 240 7,400 1,000 7,700 1,700 24,500 36.000

NATIONAL GOLD BANK NOTES 1870-74 1870-75 1870-75 1870-75 1870-75

$5 $10 $20 $50 $100

5,500

12,000

35,000 35,000 67,500 22 5K 300K 275K 350K 11,000

13,250 35,000 38,000 45,000 74,000 85,000 400K 335K 400K 450K

38,500 50,000 95,000 440K 500K

45,000 55,000 95,000 450K 500K

50,000 60,000 105K 500K 550K

55,000 65,000 110K 500K 550K

Al Al Al

GOLD CERTIFICATES 1882 1882 1905 1906 1907 1913 1922 1922 1922 1922 1922 1922

$50 $100 $20 $20 $10 $50 $10 $20 $50 $100 $500 $1,000

95 95 + 385 75 + 90 325 485 3,900 5,450

850 540 1,000 105 105 425 85 100 355 520 4,300 6,000

1,200 650 1,750

; (Min 1,575 1,100 3,650

175 155 465 135 145 400 685 10,750 11,500

240 165 575 145 230 460 735 18,500 18,500

3,800 1,100 1,725 4,700 2,650 1,200 8,000 4,025 575 265 445 180 625 2,500 160 300 250 450 500 1,475 800 2,150 20,500 35,000 20,500 44,000

4,200 5,100 2,900 8,750 625 485 2,750 325 500 1,625 2,350 38,500 48,000

4,900 6,300 4,900 11,500 900 700 3,100 525 725 2,250 2,750 55,000 70,000

5,400 6,900 5,400 12,500 1,000 775 3,400 575 800 2,450 3,050 60,000 80,000

6,000 8,000 6,400 14,500 1,250 975 3,900 725 925 2,900 3,600 90,000 95,000

U.S. FRACTIONAL CURRENCY FIRST ISSUE (1862-63) 5 cent perforated edges 5 cent straight edges 10 cent perforated edges 10 cent straight edges 25 cent perforated edges 25 cent straight edges 50 cent perforated edges 50 cent straight edges SECOND ISSUE (1863-67) 5 cent 5 cent fiber paper 10 cent 10 cent fiber paper 25 cent 25 cent fiber paper 50 cent 50 cent fiber paper THIRD ISSUE (1864-69) 3 cent light background 3 cent dark background 5 cent red back 5 cent green back 10 cent red back 10 cent auto. 10 cent green back 25 cent red back 25 cent green back 25 cent fiber paper 50 cent Spinner-Ty. I;red back 50 cent Spinnner-Ty. I; auto. 50 cent Spinner-Ty. I;grn. back 50 cent Spinner-Ty.2

FR1228-1229 FRl230-1231 FR1240-1241 FR1242-1243 FR1279-1280 FR1281-1282 FR 1310-1311 FR1312-1313

15.00 15.00 14.00 13.50 16.00 15.00 22.00 18.50

16.50 16.50 15.00 15.00 17.50 16.25 24.00 20.00

21.00 20.00 20.00 20.00 19.00 18.50 25.00 21.50

23.00 22.00 22.00 22.00 21.00 20.50 27.00 23.50

23.00 22.00 22.50 21.00 22.00 19.00 29.00 23.50

25.00 24.00 25.00 23.00 24.00 21.00 32.00 25.50

32.00 31.00 31.00 26.00 42.00 28.00 43.00 32.00

35.00 34.00 34.00 28.00 46.00 31.00 47.00 35.00

55 33 65 30 70 40 110 55

60 36 70 33 77 45 120 60

80 44 100 37 115 60 190 95

88 48 110 40 125 66 210 105

120 52 160 70 170 78 290 140

130 56 175 75 185 85 320 155

180 68 275 80 275 145 410 200

200 74 300 90 300 160 450 220

415 115 475 240 620 165 775 315

455 125 510 260 685 180 850 340

800 365 625 700 1,200 650 1,750 725

875 400 675 770 1,325 700 1,900 800

FR 1232-1234 FR 1235 FR1244-1248 FR 1249 FR1283-1288 FR1289-1290 FR1314-1318 FRl320-1322

15.00 17.00 13.50 15.00 14.00 15.00 17.50 18.00

16.50 18.50 15.00 16.25 15.25 16.25 19.00 20.00

20.00 23.00 17.00 19.50 16.00 19.00 20.00 22.50

22.00 25.00 18.50 21.50 17.25 21.00 22.00 24.50

22.00 35.00 20.00 30.00 16.50 26.00 22.00 29.00

24.00 38.00 22.00 33.00 18.00 28.00 24.00 31.00

29.00 90.00 27.00 85.00 20.00 62.00 27.00 55.00

32.00 100.00 29.00 95.00 22.00 68.00 30.00 60.00

44 175 31 175 32 125 50 110

48 190 34 200 35 135 55 120

46 250 44 290 45 185 115 215

50 275 48 320 49 200 125 235

55 490 60 575 88 410 160 345

60 540 65 625 95 450 175 375

80 640 80 850 128 675 250 585

90 700 90 950 140 735 275 650

235 1,250 200 1,650 210 975 335 1,025

260 1,375 220 1,800 230 1,075 360 1,150

400 2,500 325

440 2,750 360

Al Al Al

Al Al Al

450 1,650 850

500 1,800 950

FR 1226 FR 1227 FR1236-1237 FR1238-1239 FR1251-1252 FR1253-1254 FR1255-1256 FR1291-1293 FR 1294-1296 FR1297-1300 FR1324-1327 FR1328-1330 FR1331-1338 FRl339-1342

30.00 30.00 15.00 15.00 13.50 17.50 13.50 14.00 14.00 17.00 30.00 29.00 29.00 35.00

33.00 33.00 16.50 16.50 15.00 19.00 15.00 15.25 15.25 18.50 33.00 32.00 32.00 38.00

34.00 40.00 20.00 20.00 18.50 25.00 18.00 16.25 16.00 22.00 48.00 45.00 44.00 52.00

37.00 44.00 22.00 22.00 20.50 30.00 20.00 17.75 17.50 24.00 53.00 50.00 48.00 57.00

35.00 44.00 23.00 22.00 22.00 30.00 20.00 20.00 18.50 30.00 57.00 55.00 46.00 60.00

38.00 48.00 25.00 24.00 24.00 35.00 22.00 22.00 20.00 33.00 63.00 60.00 50.00 66.00

36.00 53.00 31.00 27.00 30.00 40.00 26.00 40.00 27.00 60.00

40.00 58.00 34.00 29.00 33.00 44.00 28.00 44.00 29.00 70.00

65 95 60 50 90 100 50 90 60 195 170 160 140 165

70 105 65 55 100 110 55 100 65 215 185 175 155 180

80 190 140 80 140 170 65 170 105 345 240 270 205 200

125 275 190 100 205 180 80 185 115 525 255 300 210 240

210 440 235 205

220 245 185 180

115 250 175 90 185 165 75 170 105 475 230 270 190 220

190 400 215 190

105.00 105.00 88.00 88.00

55 75 44 39 50 60 39 65 40 115 120 135 95 100

72 175 130 70 130 155 60 155 95 315

95.00 95.00 80.00 80.00

50 68 40 36 45 55 36 60 37 105 no 125 85 90

205 290 130 320 160 650 375 320 365 435

225 320 140 350 175 725 410 350 400 475

www.cdnpublications. com

500 560 800 500 800 750 525 725 400 1,400 1,050 800 850 1,500

550 610 875 550 880 825 575 800 440 1,550 1,150 880 950 1,650


SERGIO SANCHEZ JR. CURRENCY U.S. LARGE SIZE NOTES SPECIALIST BUY - SELL EXPERT APPRAISALS

LARGE SELECTION OF:

• • • •

US Notes Silver Certificates Nationals Colonials

• • • •

Treasury Notes Gold Certificates Confederates Obsoletes

SMALL AND LARGE SIZE U.S. CURRENCY Paying TOP DOLLAR for your US Type Notes TEL: (305) 567-1515 • FAX: (305) 567-1898 RO. BOX 44-2809 • MIAMI, FL. 33144-2809 E-mail: sergio@sanchezcurrency com www. sanchezcurrency. com PCDA-SPMC-ANA Member


PAGE5 I

the CURRENCY DEALER NEWSLETTER U.S. FRACTIONAL CURRENCY continued SERIES DENOMINATION

FRIEDBERG VG 8 FINE 12 VF 20 XF 40 AU 50 CU 60 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 ASK BID NUMBERS BID ASK BID ASK BID ASK BID ASK ASK BID ASK BID ASK BID ASK BID ASK BID FR FR FR FR FR

1343-1350 1357 1355-1356 1358-1369 1370-1373

37.00 75.00 40.00 36.00 41.00

40.00 85.00 45.00 40.00 45.00

52.00 140.00 50.00 43.00 52.00

FOURTH ISSUE (1869-75) 10 cent 15 cent 25 cent 50 cent Lincoln 50 cent Stanton 50 cent Dexter

FR FR FR FR FR FR

1257-1261 1267-1271 1301-1307 1374-1375 1376 1379

13.50 40.00 14.00 45.00 18.50 18.50

15.00 44.00 15.50 50.00 20.00 20.00

17.00 44.00 16.00 70.00 22.50 21.50

19.00 47.00 17.50 75.00 24.50 23.50

19.00 45.00 16.50 85.00 30.00 26.00

21.00 48.00 18.00 93.00 33.00 28.00

FIFTH ISSUE (1874-76) 10 cent green seal 10 cent red seal 25 cent 50 cent

1264 FR FR 1265-1266 FR 1308-1309 FR 1380-1381

14.00 13.50 14.00 18.50

15.50 15.00 15.50 20.00

18.00 16.00 16.00 20.00

20.00 17.50 17.50 22.00

21.00 18.00 17.50 21.00

23.00 20.00 19.00 23.00

50 50 50 50 50

cent Justice—red back cent Justice—red back;fiber cent Justice—auto. cent Justice—green back cent Justice—grn.back;fiber

57.00 65.00 155.00 290.00 55.00 55.00 48.00 52.00 57.00 75.00

135.00 525.00 130.00 120.00 210.00

150 600 175 140 215

165 675 190 150 235

225 1,025 260 205 425

250 1,125 285 225 465

320 1,300 400 275 775

355 1,425 440 300 850

435 2,000 440 385 1,000

475 2,200 480 425 1,100

800 2,900 725 625 1,750

875 3,200 800 675 1,900

1,400 5,500 1,350 1,500 4,500

1,550 6,500 1,500 1,650 5,500

23.00 65.00 22.00 140.00 42.00 35.00

25.00 70.00 24.00 155.00 46.00 38.00

27 70 28 250 75 48

29 80 31 275 82 52

35 80 40 375 100 80

38 90 44 410 110 88

58 100 70 550 235 100

63 110 77 600 260 110

75 135 100 800 300 130

80 150 110 875 325 140

130 210 190 1,300 550 290

140 230 210 1,450 600 320

450 1,000 475 2,375 900 700

500 1,100 525 2,600 1,000 775

26.00 23.00 22.50 27.00

28.00 25.00 25.00 29.00

36 26 30 36

40 28 33 40

55 33 38 50

60 36 42 55

75 46 44 55

80 50 48 60

80 50 55 60

90 55 60 65

135 72 65 115

145 80 72 125

350 200 350 380

400 220 385 430

72.00 125.00 320.00 475.00 60.00 120.00 57.00 110.00 82.00 190.00

U.S. FRACTIONAL CURRENCY PROOF ANO SPECIMEN NOTES SERIES DENOMINATION

WIDE MARGIN_1 NARROW MARGIN CU 60 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 CU 60 ASK ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK BID BID ASK BID

FRIEDBERG NUMBERS

FIRST ISSUE 5 cent face 5 cent back 10 cent face 10 cent back 25 cent face 25 cent back 50 cent face 50 cent back

FR FR FR FR FR FR FR FR

1231 1231 1243 1243 1282 1282 1313 1313

40 35 40 31 42 30 62 42

44 38 44 34 46 33 67 46

70 55 60 40 73 47 77 70

80 60 65 44 80 53 85 77

85 65 70 45 100 55 90 80

95 70 80 50 110 60 100 88

125 80 90 60

140 90 100 65

150 70 155 100

SECOND ISSUE 5 cent face 5 cent back 10 cent face 10 cent back 25 cent face 25 cent back 50 cent face 50 cent back

FR FR FR FR FR FR FR FR

1232 1232 1244 1244 1283 1283 1314 1314

44 30 43 26 47 35 47 40

48 33 47 28 53 38 53 44

73 53 65 45 65 58 65 57

80 58 70 50 70 63 70 62

90 65 85 55 88 65 90 73

100 72 95 60 95 70 100 80

THIRD ISSUE 3 cent face light 3 cent face dark

FR FR

1226 1227

70 35 26 42 40 28 50 68 170 50 35 75 45 33

77 40 28 46 45 31 55 74 185 55 38 85 50 36

95 60 40 58 75 45 60 85 210 80 65 100 70 58

105 65 44 63 85 50 65 95 230 90 70 110 80 63

115 75 50 70 85 68 80 100 225 95 85 110 80 65

125 85 55 77 95 75 88 110 250 105 93 120 90 70

75 110 1,800 90

82 120 2,000 100 70 70 2,100

105 135 2,850 155 95 95 2,400

110 150 3,000 165

65 65 1,900

95 125 2,600 140 85 85 2,200

JUSTICE 50 cent face—printed Colby fit Spinner FR 1343 50 cent face—auto. Colby fit Spinner FR 1355 50 cent face Jeffries fit Spinner FR 1357A 50 cent back red FR 1343-1357 50 cent back green FR

95 120 170 44 43

105 130 190 48 47

125 155 255 73 65

GRANT AND SHERMAN 15 cent face—printed Colby fit Spinner FR 1272 15 cent face—auto. Colby fit Spinner FR 1273 15 cent face—auto. Jeffries fit Spinner FR 1274 15 cent face—auto. Allison fit Spinner FR 1275 15 cent back green FR 1272 15 cent back red FR 1273-1276

250 1,950 260 265 140 140

275 2,150 280 290 155 155

340 2,600 350 370 185 200

5 cent face FR 1236-1238 5 cent back red FR 1236 5 cent back green FR 1238 10 cent face—printed Colby St Spinner FR 1251 10 cent face—auto. Colby St Spinner FR 1253 10 cent face—auto. Jeffries St Spinner FR 1254 10 cent back red FR 1253-1254 10 cent back green FR 1255 25 cent face FR 1291-1294 25 cent back red FR 1291 25 cent back green FR 1294 SPINNER 50 cent face—printed Colby fit Spinner FR 1324 50 cent face—auto. Colby St Spinner FR 1328 50 cent face Allison fit Spinner FR 1329 50 cent face Jeffries fit Spinner FR 1330 50 cent back red FR 1324-1330 50 cent back green FR 1331 50 cent back green Ty. 2 FR 1339

165 77 170 110

210 115 250 190 205 105 290 295

235 125 275 210 225 115 320 325

85 75 105 65 115 100 165 105

95 85 115 70 125 110 180 115

120 95 145 105 125 160 180 135

130 105 160 115 135 175 200 150

195 160 220 155 180 185 230 175

215 175 240 170 200 200 255 190

345 275 355 265 335 290 330 320

380 300 385 290 365 320 360 350

525 435 550 475 600 590 625 615

575 475 600 525 650 640 690 665

125 85 120 70 135 90 150 100

135 95 130 77 145 100 165 110

175 125 185 115 200 135 300 190

195 135 205 125 220 150 330 210

90 80 100 90 145 120 140 135

100 90 110 100 160 130 155 145

160 130 145 135 160 145 210 170

175 145 160 150 175 160 230 185

195 185 170 160 205 170 290 215

210 200 185 175 225 185 320 235

250 220 225 220 285 230 415 315

275 240 245 240 310 255 455 345

400 380 400 350 525 350 650 600

440 420 440 385 575 385 715 660

165 100 70

180 110 77

M M M

<9

<9

9 9 9

(9 <9 19

5,500 240 180

125 130 105 130 If) 295 130 135 150 105 82

3,050 175 110 130 no 80 120 140 3,100 100 105 120 105 80

5,000 220 165

115 120 95 120 130 270 120 125 135 95 75

2,750 160 100 115 ioo 70 no 130 2,800 90 95 110 95 73

170 135 125 135 155 4,750 140 110 140 125 105

190 145 135 150 170 5,250 155 120 155 135 115

6,250 310 210 225 160 145 160 210 6,000 160 140 170 160 128

7,000 340 230 250 175 160 175 230 6,650 175 155 185 175 140

7,250 410 330 310 205 210 270 295 7,000 240 215 285 245 170

8,000 450 360 340 225 230 300 325 7,700 260 235 320 265 185

575 500 420 350 300 450 475

625 550 465 385 330 500 525

120 165 3,300 180

140 200 4,400 225

155 220 4,850 250

190 200 9,000 2,000

210 220 10,000 2,200

ioo 100 2,650

no no 2,900

135 135 3,750

145 145 4,100

250

275

19 >9 >9

<9 <9 19

135 135 2,950

145 145 3,250

260 300 11,000 4,300 165 150 3,550

285 330 12,000 4,750 180 165 3,850

300 340 12,000 5,000 220 190 4,500

330 375 13,200 5,500 245 210 4,900

425 475 13,000 6,500 350 275 5,800

465 525 14,250 7,000 385 315 6,300

135 170 280 80 70

135 165 295 80 70

145 180 325 88 77

155 180 390

170 200 430

M <9 M

M 19 <9

230 310 4,750

110 100

145 275 2,350 135 110

210 285 4,300

100 90

130 250 2,150 125 100

190 135

210 150

270 370 5,000 250 185

295 400 5,500 275 205

400 500 6,500 355 315

440 550 7,000 385 345

370 2,850 380 400 205 220

600 3,700 500 535 260 260

650 4,000 550 585 285 285

875 4,900 700 750 330 330

950 5,400 770 825 365 365

500 2,700 510 520 265 265

550 3,000 560 570 290 290

800 4,800 800 825 290 325

880 5,300 880 900 320 350

950 5,500 975 1,075 325 425

1,050 6,000 1,075 1,175 355 465

1,500 7,250 1,550 1,600 435 575

1,650 8,000 1,700 1,750 475 625

210 130 155

230 140 170

225

250

165 230 165 130 115

180 255 180 145 125

350

400

140 115

155 125

1,700

1,900

19 >9 M

rv IX* f\l

1,500 1,600 620 620

1,650 1,750 685 685

r\i

rv >\i A/

430 415 440 425 340

470 450 480 465 375

570 600

620 660

n/ i\i im

*j

i\j

420 400 9,300

465 440 10,300

600 875

650 975

425 390

465 430

2,500

2,750

MI9 IV

IV <V ft)

2,800 2,850 750 1,050

3,100 3,150 825 1,150

SMALL SIZE LEGAL TENDER NOTES SERIES DENOMINATION 1928 1928 1928 1928 1928 1928 1928

CH CU 63 VCH CU 64 GEM CU 65 SUP CU 67 CU 60 AU 50 XF 40 VF 20 FINE 12 VG 8 FRIEDBERG ASK ASK BID ASK BID BID ASK BID BID ASK BID ASK BID ASK BID ASK BID ASK BID ASK NUMBERS

J1 $2 A $2 B S2 C $2 D $2 E $2

FR FR FR FR FR FR FR

1500 1501 1502 1503 1504 1505 1506

1928 G $2 1953 $2 1953 A $2

FR FR FR

1508 1509 1510

1953 C $2 1963 $2 1963 A $2

FR FR FR

1512 1513 1514

1928 A $5 1928 B $5 1928 C $5

FR FR FR

1526 1527 1528

1928 E $5 1928 F $5 1953 $5

FR FR FR

1530 1531 1532

1953 B $5 1953 C $5

FR FR

1534 1535

1966 S100

FR

1550

70.00 7.50 8.75 25.00 7.00 7.00 7.20 7.00 7.00 5.00 5.00 5.00 5.00 5.00 5.00 9.75 10.50 9.50 9.50 14.75 9.50 9.50 8.75 8.75 8.75 8.75 8.75 ioo 125

75.00 8.50 9.75 27.00 7.75 7.75 8.00 7.75 7.75 5.50 5.50 5.50 5.50 5.50 5.50 10.75 11.50 10.50 10.50 16.25 10.50 10.50 9.50 9.50 9.50 9.50 9.50 no 140

75.00 8.00 12.00 45.00 8.00 8.00 8 15 8.00 8.00 5.15 5 15 5.15 5.15 5.15 5.15 12.00 12.25 11.50 11.50 20.50 11.50 11.50 9 50 9.50 9.50 9.50 9.50 102 135

82.00 115.00 9.00 9.00 19.00 13.00 95.00 50.00 9.00 8.75 8.25 8.75 9.25 9.15 8.25 8.75 8.25 8.75 5.35 5.65 5.35 5.65 5.35 5.65 5.35 5.65 5.35 5.65 5.35 5.65 14.50 13.00 16.00 13.25 12.50 12.50 12.50 12.50 40.00 22.50 12.50 12.50 12.50 12.50 9.7