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PMG Journals
Our community journals
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Durango
A previous Journal Entry ‘A pile of tatty notes’ was on the control letters on the El Estado de Durango 5 pesos note however this issue wasn’t going to represent the State of Durango.
https://boards.pmgnotes.com/blogs/entry/1426-a-pile-of-tatty-notes/
Durango, State No. 8, is one of the largest states in Mexico, and similar to many without a coastline, has an economy based on mining and the production of a range of agricultural products. Improved transport and communication links rapidly expanded the potential market for goods, increasing production, and to facilitate this new level of commercial activity state banks were established. The Banco de Durango was founded in 1890 and this association is reflected in the vignettes on most of the notes issued, akin to the currency issued by other State Bancos the notes also feature lots of trains.
However, the selected note for the State is a remainder example of the 1 peso issue (S272r, M331r) which has a shield bearing the State Coat of Arms flanked by Liberty and Concorda (harmony). One of my reasons for selecting this note is actually the design on the back of the note, which reminded me of the, much closer to home, Lady Lavery series issued by the Central Bank of Ireland. The river god (River Lee), on the Irish £1 note, being exchanged for an allegorical female figure representing the State of Durango.
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The Paper Money's Whirling By
On April 25, 2023, the NBU released into circulation new 500 Hryven banknotes bearing the signature of the new Governor Andriy Pyshnyi and dated 2023. The release is "part of a planned issuance to ensure the cash circulation of 500 Hryvnia banknotes to replace worn and damaged banknotes," per the NBU. The new note will end up being Pick # 127d, once one is assigned, and will be the 6th issuance of a 500 Hryven note of the new series which began in 2014 with the 100 Hryven banknote. The notes are available to purchase, raw, from several sellers.
As previously mentioned, this is the 6th issuance for this denomination, four for general circulation and 2 commemorative issues. The six varieties are more than any other denomination of the current series, and the four (d) printings for general circulation is tied with the 100 Hryven banknote, of which the fourth general issue was just released in December of 2022.
The 100 & 500 Hryven banknotes of the current series have more signature varieties than any other denomination in the same series, currently twice as many, as they were the first denominations printed (2014 and 2015 respectively) and they are the first Pyshnyi signed notes to be released. All other denominations of the new series were first printed in 2018-19, roughly four years after the 100 & 500, and as a result the 100 & 500 Hryven denominations will probably always have at least one more signature variety than the rest of the denominations in this series.
One could also assume that these are the most heavily used notes in everyday commerce/transactions by the public, and I'm sure the war in Ukraine is playing a factor as several banks defaced many bricks of notes which would need to be replaced, and now could be a good time as things have currently stalled on the front. The current inflation rate of around 24% probably isn't helping matters either, causing lower denominated bills to have less purchasing power and requiring more of them per transaction, which would make larger denominations more desirable. The 100 & 500 Hryven notes seem to be the workhorses of the Ukrainian economy, unfortunately I haven't been able to find printing figures but if I were to go by the number of different prefixes used for each denomination those notes stand head and shoulders above the rest.
The 2021 (2022) 500 Hyrven Commemorative is a quirky little note. It was released with the signature of the previous Governor and postdated, for circulating notes this would be the norm for a period of time until new plates are made with the new Governor's signature, but since it was a commemorative, a onetime issue, it kind of sticks out in the series of notes. The 2021 dated notes with the signature of the previous Governor (Shevchenko), have an additional screen-printed design on the face, over the watermark area, which is the logo for the 300th Anniversary Celebration of the birth of Hryhoriy Skovoroda. The logo helps peg the release date of the note at 2022 (Skovoroda's date of birth being Dec. 3, 1722), print and release dates from the NBU verify this as well, and that it overlaps the current Governor's tenure by a few months just kind of makes it a little more fun to me. The notes were probably already printed prior to Pyshnyi being appointed Governor of the NBU in early October of '22, or too far along to stop production and make new plates. The timing just didn't allow for a change, I guess. The notes were released in late December, the month of Skovoroda's birth, and one has to wonder if Shevchenko didn't drag his feet a little to get one more note out with his signature. Probably not but it's fun to speculate on such things, mainly because that thought would have crossed my mind if I were in the same position. Kind of an "up yours!" or one finger salute on my way out the door.
On a side note, I don't see PMG labeling notes with release dates after the date (year) printed on the note, (postdated notes) much if at all anymore. For example, the 2022, 500 Hryven Commemorative would have in the past been labeled 2021 (2022) on the PMG holder. I think? I wonder if they've stopped labeling notes with postdates like that?
Varieties by denomination.
Signatures
Currently, new notes are being printed as needed, or so it seems, and there is no telling when the remaining denominations will be updated to include the Pyshnyi signature and new date (year). In 2021 there was a mass printing of every denomination for general circulation, including a separate commemorative in every denomination, with all being released from March to December of that year. In 2021 the order of release was 500, 100, 200, 20, 1000 & 50 Hryven notes, that order could be similarly repeated in 2023, or close to it. If I'm correct in my speculation I would expect to see additional print runs of the higher denominations before the lower ones and I think we may see a new run of each of the remaining denominations, last printed in 2021, before the end of the year. This would be an additional five Pick #'s, including the commemorative scheduled for release in December 2023, that could be potentially released throughout the remainder of the year.
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April Update
Been a little while since I posted. The winter has been kind of slow for acquiring banknotes, I picked up a few good pickups and lost out on quite a few others. Czech notes are still pretty hot and most of the ones that I lost out on I had solid bid that I thought would be enough, but alas.
I actually just got a submission packed up to send off to PMG. I haven't submitted notes in a little over a year so I have 16 notes that I am looking forward to getting back. All Czechoslovakia notes, most of them are early notes that you just don't see come up for sale graded often, and when they do they are usually buy it now for way too much.
The most exciting pickup that I had last month was the Czechoslovakia P 1a, it is part of the first series of notes that were just Austro-Hungarian notes with provisional stamps attached. This one is in pretty good condition all things considering, it has a small fold at the top left corner and a couple corners show some dings or rounding, but it doesn't have any folds in the center. I'm guessing that it would be about a 55 when graded.
A pickup that doesnt fit into any of my current sets was this Croatia 5000 Kuna from 1943. I really liked the design and the traditional dress.
This 50 korun P 85a came out of nowhere and I ended up picking it up pretty quickly from the seller.
The last main pickup that I had was this 100 korun P 86a. I'm slowly filling out the socialist republic notes in my set. Most of those have been through sellers, as more of them are available and graded. I think the notes of the Socialist Republic era of the 50's and 60's are cool, the communist influences are very strong throughout. While I personally think the early notes of 1919-1920 are some of my favorites these are great as well.
Until next time.
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Latest Entry
I can put a fork in this again... (for now?)
After my wife bought all three of the Rhodesian pennies I was looking to maybe get with my collecting money for my birthday () I had some cash available to me, and then I saw a 68EPQ P106 note for Zimbabwe pop up from one of my favorite dealers that I've gotten most of the new notes from this series from.
They were listing it for $35+$5 shipping so I decided to try for it. No one else bid and I took it.
Unfortunately I can't add it to my signature set right now because it appears the PMG servers in Florida that the site needs to confirm the cert# are down.
I'm hoping everyone out there with PMG and NGC are doing okay. My wife works remotely with a Florida-based company that's in Gainesville. From what she tells me they have all made it through okay but some are also without power.
I already have a description / commentary written up for it to go into my signature set with it once the servers are back up and I get another chance to add it.
This note makes me caught up with this series for probably the first time in a year or more. I didn't get the $50 until this one was coming out and I've just been constantly behind on this while I focused on Venezuelan, Zimbabwean and Italian coins. So it feels good to finally get caught up again.
Mike may note that the grade is a 68. Now that I'm reaching pretty happy, stable points with some of the coin sets, I'm likely to take a break from some of those for a while, until next year when I start to prepare another submission.
I'm starting to feel the temptation and maybe have the budget to put towards upgrading some of those 67s and 66s in this set to 68s as notes become available at prices I'm okay with.
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Things I have to do before my baby steps can begin
This past week all I've been doing is trying to figure out what to sell. I have some, that I wish I never would have purchased. 1 is a Peru note, it graded nicely but doesn't turn me on anymore. To be honest, it's a nice looking note, but I like nice vignettes showing buildings and historical scenes. Once I get the set started, if anyone is interested in the Peru, Dominican Republic and Czechoslovakia notes, let me know. The Peru isn't a Specimen. I also have a lot of raw notes that aren't worth grading, but I do like them. Especially the Mexican, Argentina etc. and a couple of other South American notes. I have enough to do for the next week or so, and I'll try to keep everyone updated thru my journals.
One thing I have to do is update my World Catalogs. Hint, Hint: if anyone has maybe a 3 year old set of all 3 catalogs, I'd be interested if the low price is right. Here is why: in one of the lots I bought there was several Mexican notes I didn't have, but there was also some Russian notes included that consisted of 2 different designs; one I believe is an 1898 variety and the other, a bigger vertical note is a 1909 date. One of my problems is my eyes aren't near as good as they once were, so even with a loupe or madnifyer I cannot see any differences in the notes. Some of the differences are different names for the signatures, and I can't tell them apart. I'd sure like to get the CORRECT pick numbers for each
Ok, here's where I try to put in the scans, would you all keep your fingers crossed!!!
I think I had better stop here, as I know if I try anything else, will really be pushing my luck.
Thank you all for reading and helping out.
Brian
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Latest Entry
Replacement signature set and nary a star
You won't find stars on National bank notes to signify a replacement. This set has a few large and a few small examples. It's all about paged serial numbers and detecting them from normal production numbering. See if you can see what makes these notes replacements.
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With the President in the White House, its look like we will see the new redesign Twenty Dollars bill with in this year or next year, with "Harriet Tubman" on the bill in 2022 or 2024 series, only after the new Treasurer of the United State and a new Secretary of the Treasury are name and approved by House and Senate. We will see the new "Harriet Tubman" bill that will be printed; I hope they can be printed at both the Washington D.C. and at the Fort Worth TX location. This will be the first time a person of color will be on any U S currency in the history of the United States. This bill first design was the 1928 series with Tate-Mellon and the next was in 1996 series with the Withrow-Rubin "Big Head" notes series was last printed in that format.
Starting in 2004 the new redesign notes with Marin-Snow series was the first printed in that format, and rand from 2004 thru 2021. This will be the fourth redesign for the Twenty Dollar notes. This is one of the most used notes of all the currently in circulation today. The Harriet Tubman bill will be an open face design, the same way as the series of 2004 current bill that are in circulation. This will be a newest note in the series of Twenty Dollars notes, within this collation.
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The First Paper Money Used As A Weapon!
Counterfeiting of paper money in North America dates back to the very first emissions. The only Massachusetts 1690 bills that survive today are raised bills; genuine bills on which the denomination was altered, or raised, to a higher denomination. Counterfeits were a problem in all of the 13 colonies from the beginning. Free money was the motivation for the counterfeiters was, for the first 85 years. That all changed in 1775 when the British placed counterfeit May 10, 1775 $30 Continental bills into circulation.
These very rare counterfeit bills represent the first tactical use of counterfeits. The objective of the British was to undermine confidence in the paper money of the Continental Congress. The first bills were not very convincing and were probably viewed as more of an irritation than a real threat. The bills were printed from a relatively crudely engraved plate and are easily spotted. As the American revolution progressed the British counterfeiting operations improved, and the counterfeit bills became a real threat to the colonial economy. The rampant counterfeiting of the May 20, 1777 and the April 11, 1778 emissions forced the early recall of the bills, and significantly undermined confidence in the currency. The British not only printed counterfeit bills, they encouraged the use of counterfeits by sympathizers and even issued propaganda heralding the quality and number of the counterfeits in circulation.
The pictured bill is an example of the first shot fired by the British in the economic battlefield of the American Revolution. These are very rare counterfeits with less than 10 examples known today. They are easily identified becuase they were printed from engraved plates, rather than typeset. This example has evidence of mounting and paper pulls on the face, but is collectable none the less.
Eric Newman wrote a detailed article about the British Counterfeiting Operations, the full article is available here: https://www.britnumsoc.org/publications/Digital BNJ/pdfs/1958_BNJ_29_18.pdf
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It's now the end of March, one of the wackiest months in my life and probably yours and perhaps in history of the modern world. Plagues have been with us since the beginning and I suppose this isn't gonna be the last one unless we all go down with it. But, not here to discuss our future, but the present. Seems as though everything except the graders have gone home, and I bet their number of coins and paper money has dropped quite a bit as only electronic trading is happening. All the venues I go to are shut down for the foreseeable future, and my website hasn't had a hit in 2 weeks. I thought maybe with folks stuck inside, perhaps more would be looking at the site, www.exonumiaandmore.com but no such luck.
I'm working with a company who puts up sites, so I cannot edit it until they finish with their legal beagles and so on and so forth. So,I thought I'd talk about what I am doing to keep me off the streets looking for paper money blowing in the wind.
A while back, I bought a stash of uncertified notes, mostly $2 modern FRN's If you care to go to my site, you can see a few, and also I put a few on eBay and will add more when Tomorrow comes. I put so many up, I ran out of free postings, so I have to wait til tomorrow. See captbrian2. Is it illegal here to putup my locations of info. Hope not.
Anyway, these $2's are of many sorts. Fancy serial #'s, error notes, and so on. One of them, I especially like (the blue book shows it at $700+-, and it is with 3 other notes. What happens is, the third printing, (the serial # & seal) are submitting to gravity, then fighting it. The 1st note is where it should be (the serial #) then the 2nd note has it dropping down a bit. and the 4th, it begins to defy gravity and starts self correcting back up to where it belongs. I have never seen a set like this, and I have talked with others who have seen similar, but it is quite rare from what I can get from the paper money community. Anyway, I will try to post the pictures.
I always have incredible trouble posting pictures on these journals, but I'll give 'er a spin.
No luck with picture. I'm gonna publish this then try to add in pictures.
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Latest Entry
1929 Baltimore Small Town Notes
I am a collector of all Baltimore MD small town notes. With the exception of Charter 1413, I am buying all Charter Baltimore notes. They should grade VF35 or better. My only missing note in my collection is Charter 1432 which has 7 total in the inventory and last was in a public aucthion dated 2009.
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Latest Entry
Population list
SpoilerCould some one please show how to get to the population list. Since that change, I can not fine any thing, I know it hear but ware to fine it. Thanks for your help. Don
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Figured out how to make sets and upload images
Create Sets and Upload Images
Finally figured out how to create images on the registry site. Now I am able to start searching for bills to match sets.
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PICKED THESE UP TODAY
PICKED UP 4 $1 SILVER CERTIFICATES I AM NEW TO THIS AND IM HOPING I DIDNT GET RIPPED OFF HAHA
GOT 3 1935 F SERIES BILLS SERIAL NUMBERS: U 040006581 I, Z 55232228 I, Z 76129511 I, AND A 1928 A SERIES, SER: F 52406831 B. NOW WHAT SHOULD I DO
PLEASE IF ANYONE CAN GIVE ME A LITTLE INSIGHT ID BE FOREVER GRATEFUL.....SORRY ABOUT THE ALL CAPS MY KEYBOARD GOT WET. SEMPER FI!
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adding one .
what grade will it be.in process now.
glad to see it back.
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NEW Holders
BEST Before Now Light Years ahead...
By Far The Best 3rd party graded holders out there!
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The 2013 Star notes had a run of 80,000 For the 2013 L star note. I came across these this week..... two packs of A, Boston FRB ..
came across these this week, Will be placing one of them on ebay to test the waters... I have not seen any others yet.. but who knows how many are in the run as there is no Production numbers that I can find from the Federal Reserve (BEP).
There was an 80,000 run of 2013 L star notes, of course I want this First run of A stars to match that production number....
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WHITES HOUSE COLLECTION of NOTES U.S.A. / C.S.A.
C S A $20.00 COUNTRFEIT NOTE's BY SAM UPHAM
THIS IS PART OF MY C S A COUNTERFEIT NOTES MOSTLY $20.00. THESE NOTES HAVE A STORY BEHIND THEM AND THE MAN THE SOUTH PUT A BOUNTY ON . HE IS REPORTED TO HAVE PUT INTO CIRCULATION OVER 1 MILLION INTO THE SOUTHS ECONOMEY.HE HAD A DRUG STORE / stationary STORE.GOT PICTURE OF $5.00 NOTE IN NEWS PAPER AND STATED PRINTING THEM UP.SELLING THEM FOR 5CENTS SOLD OUT QUICK so he started buying bills and reproducing them sold to fast to keep up.people were going down south buying loads of cotton paying with counterfeit notes. the U S gov. went to sam stationary store but but to his surprise they were not there to arrest him. No they resupplied him with ink and paper. [true]before that he had printed his name and address on the bottom of notes. that his buyers would just trim it off. I have them with and with out name ,address. start of war c s a doll. was @ about .88 cents on dol. not bad. till sam's funny money brought it down. will try to upload photos ASP
happy trails
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Hyperinflation of Arts
Old Navy created the T-shirts "Young Aspiring Artist", but with the word "artist" crossed out, and substituted with other words such as "astronaut" and "president". The T-shirts triggered controversy and social media outcry.
Old Navy created the T-shirts "Young Aspiring Artist", but with the word "artist" crossed out, and substituted with other words such as "astronaut" and "president". The T-shirts triggered controversy and social media outcry. People were complaining about the shirt shamming artists as a legitimate career choice. Old Navy apologized for the T-shirts and pulled them from its stores and issued a statement that it did not try to offend anyone on purpose. In my opinion the Old Navy did not offend anybody. The T-shirt merely reflected the current affairs of the art and the place of an artist in our contemporary times. I call the current situation "Hyperinflation of Arts".
Hyperinflation in economy often occurs when there is a large increase in the money supply not supported by the product growth, resulting in an imbalance in the supply and demand for the money. Left unchecked this causes currency to lose its value. Rapid devaluation of the currency, and with it, hyperinflation, is devastating for the economy and it is very painful for the society.
"Hyperinflation of Arts" started with Conceptual Art movement in the mid-1960. The movement completely rejected standard ideas and aesthetics of art. Many works of conceptual art, often called installations could be created by anyone. In the article "Paragraphs on Conceptual Art" Sol LeWill explains: "In conceptual art the idea or concept is the most important aspect of the work. When an artist uses a conceptual form of art, it means that all of the planning and decisions are made beforehand and the execution is a perfunctory affair. The idea becomes a machine that makes the art."
In music around the same time, the avant-garde movement developed. That movement in music challenged and critiqued existing aesthetic conventions, rejected existing status quo, and introduce new and unique elements to provoke or annoy the audience. Music, however, recovered from the influence of avant-garde movement, and moved on. Maybe because you can reject existing status quo all you want, but at the end of the day, you won't be able to play any music without music elements such as rhythm, harmony, dynamics, etc., or music theory. Yes, you will be able to go on stage and cut the piano in half to shock and annoy your audience, and you can declare that it was a music performance. Next time however, your audience is not going to show up to see it again, because it was interesting once (maybe).
Music moved on, and avant-garde movement is just a movement in music history, however art never recovered from the conceptual art. Art is still under strong influence even now in the twenty first-century. We are still suffering from the belief that idea suffices as a work of art, and that concerns such as aesthetics, expression, skills are nothing, but the limitation to the boundaries of art. The boundaries were pushed very hard and are still being pushed. Institution such as museums and art galleries, and educational institutions are still forcing conceptual art as a main stream art, and any other styles of art suffered devaluation.
The idea that you don't need any skills, or education, or talent, or anything else to become an artist was pretty much accepted. This notion opened the door for anybody who wanted to enter the art scene and declare themselves the artists. I personally witnessed ridiculous situation when someone without any degree was teaching in a major university. The university hired someone without any degree to teach the students who were actually pursuing the art degrees.
I'm sure everybody is familiar with a tale by Hans Christian Andersen "The Emperor's New Clothes", about tailors who promise an emperor a new clothes that is invisible to those who are unqualified for their positions, stupid, or incompetent. When the Emperor paraded before his subjects in his "new clothes", no one dared to say that they don't see any clothes and the emperor is parading naked, until a child cried out, "But he is naked!"
I cannot help but think of the Andersen's tale when I think about the art affairs in our contemporary times. The mainstream institutions still strongly insist that "Emperor" is wearing expensive and sophisticated clothes and those who are unable to see, are unqualified stupid and incompetent. I personally see that "Emperor" is naked, Old Navy sees it, so does everybody else. Conceptual art like avant-garde music was shocking, and appeared fresh in sixties, seventies, eighties... , but in our contemporary time it cannot pass as fresh, but quite opposite. It stinks...
Because there are no boundaries to entry, the art scene is flooded with endless number of people who aspire to be the artists, but don't want to spend a lot of effort, time or money to produce the quality artwork. The product they produce is the product of no skill, and represents rejection of standard ideas and aesthetics of art by the conceptual art movement. Such products presents very little value, therefore the value of art has been deluded, and in return the place of an artist in the modern society slowly disappears. Like in economy, rapid devaluation of the currency, and with it, hyperinflation, is devastating for the economy and it is very painful for the society. Rapid devaluation of contemporary art is devastating for art, and painful for the society.
more at:https://www.google.co.uk/
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Brasil
The first note of Brasil.
Banco Central Do Brasil
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$2 8888 Lucky Money Sheet
http://www.moneyfactorystore.gov/28888luckymoneysheet.aspx
(First day of sale: November 18, 2015 -- 8:00 a.m. Eastern Time) In celebration of the upcoming Chinese Lunar New Year, the Bureau of Engraving and Printing (BEP) is pleased to announce the newest addition to its Lucky Money Collection: the $2 "8888" Lucky Money Sheet.
The $2 "8888" Lucky Money Sheet features an uncirculated Series 2009 $2 8-subject, uncut currency sheet with the serial numbers of all eight notes beginning with "8888." Each sheet is displayed in a decorative holder, capturing the significance of numerology and Chinese symbolism, and is protected by an acid-free, clear, polymer sleeve. This product is sold for $58.88 and only 16,888 will be available for sale.
Bulk pricing is available for the $2 "8888" Lucky Money Sheet.
Household quantity purchase limit restrictions of 250 units for the $2 "8888" Lucky Money Sheet will be imposed for the first week of release, November 18 -- 24, 2015. On November 25, 2015, household purchase restrictions will be waived.
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