Sheik Sheck

There is life on these boards! I am curious what the buying and selling trends are in the currency world so I try and keep up with Heritage, Ebay, Stacks, Lyn Knight, Great Collections..etc  I want to know if I am going to break even or not if I ever liquidate my collection. Unlike collecting nickels or quarters in a cardboard holders, paying significant money for a lot of currency begs the question of investment potential. Of course one must by the note, not the holder, but if the note is common, any comments or NET has risk. For rare or hot notes, comments are less important but it seems NET's and comments can result in incredible discounts to the actual value. Definitely a hobby one must do their homework. Thanks for the comments. 

The meaning of complete set in our world is subjective to say the least. I go on PMG's definitions for the Type sets that I mainly pursue but when you start talking about National Banknotes...Wow...is it both large and small Fr's? Large notes that go back to the Originals? Large NBN notes of a given denomination? Individual Ch#'s in large and small? Or just large? I guess you get my drift. And I am still working on the custom "signature"sets which is a really poorly written code. You agree? Anyway, no answers from me. Just rambling.

As always, you are a fountain of information. Thanks for educating me regarding the K4 plate. I assume this subscript essentially means the bank had a lot of currency printed. I assume updating later plates with the new charter date and Treasury signatures was a matter of cost. It would have made life a lot easier for the likes of you and me had the plates changed in a more consistent manner. 

Yes Indeed! That's correct. I love this note and of course my name is on front. Thanks for the suggestion. 

Indeed that is a K4 plate. The red seals are all C plates and I don't know why the 2 blue seals are coincidentally K plates. I am real confused because I saw a date back, blue seal $10 note but the signatures were that of the red seal notes. And all have the same date on them. Why are blue seals from 1902 have two different signature combo's? This bank always surprises me.

Good idea!

If you get sick of them let me know. I know they get boring. But I enjoy Paint. Here is a Speelman-White signature collage. Those two signatures are very common on many many notes. Here are a few notes you can find the famous duo. 

I promised myself I would not get carried away with NBN. Stick to Federal currency. Ha! Just didn't happen. Putting sets together is a great hobby for me. How about those Arizona notes? The territorial notes seem to be off the charts with prices reaching that of decent automobiles for the red seal territorial from Nogales. Unbelievable how fickle that part of this hobby can be. Folks pay exorbitant money for utter rarity. I thought I would post an example of my other hobby. Finding interesting internationals at reasonable prices. 

You are truly amazing. I just don't have the eye you do. In that regard I am a simplistic collector, however from your observations I've learned how to scrutinize notes more carefully. How about some eye candy from the last Heritage auction. I couldn't resist this note. It's just so gorgeous. 

Ooops, here is my scan compared to the Heritage scan above. 

Do you have a list of the 132 Charters that printed on the Napier-Thompson plates? Is there a count of the number of notes with this combo? Do they command a premium? I would be interested as I only have one. Thanks!

On 11/17/2018 at 5:21 AM, ddr70 said:

Sheik,  Nice notes (of course). You have about 50 charters to choose from with Pittsburgh, PA (so far I've only seen 252 and 6301 :-).  For Charter 6301, I have a nice Ty 1 $5 in PCGS 63 and then Fines for a 1902 DB and a PB (also $5s and in PCGS holders).  That is one of the most crooked treasury serial numbers I've seen on your $10 Red Seal.  Did you see PMG's email on replacement notes?  In 1903 BEP introduced new machinery to apply the serial numbers more efficiently and the fonts changed compared to the old machinery.  The new ones were hard to set up so any replacement notes would use the old machinery (I'm not describing it nearly as well as you might find over on SPMC's web site).  Both red seals shown have the old style fonts which are correct based on their relatively low serial numbers.  But you can tell based on the serial number and the font that these were produced prior to the changeover in 1903.  Compare the 2 on the $10 Red Seal with the 2 on your Plain Back.  So that's really an old crooked treasury serial number.  Charter 6301 is fun because you get an autograph from a Mellon; maybe not Carnegie, but still a Mellon.

I have no connection to Pittsburgh. Can't stand the Steelers. Just like Ch 252 because I thought I could build a complete set. But found out that might be more doable with Ch 2491. And Ch 6301 I started collecting  only because of the Mellon signature. You looking for these?

Beautiful note with a ladder serial number. Let's see the value on the reverse!

I am like you. I know it's a long, long wait so I just predict what the grade will be. I am usually pretty close. However, the note posted below I purchased ungraded. It was crisp, perfect corners, clearly never had any folds...I mean the note is just spectacular. I thought it was going to grade 63 EPQ. And hoping it might even go higher  When I received it, I was in shock. I have seen 40's that weren't even close to this note. This is the first note I have ever resubmitted. I will probably get the same grade, but this time I will press them as to what the flaws were. This not is so obviously never been circulated! I'll let you know when it returns from regrading purgatory!

D. Dr. You're eye is far superior to mine. I would have never noticed the serial number type set you discovered. However, I did read the completely new news for me, from the article that before star notes, the replacement notes could be detected in the serial number. However, the article was not clear on exactly how to identify a replacement note before stars. Are you saying my $10 red seal is a replacement note because of the crooked treasury serial number? I recently sent this in for grading and just sent it back because I am sure 40 EPQ is not correct. This note was clearly uncirculated. Any help from your fountain of knowledge would be much appreciated. Yes, I am hooked on 6301, 252 and 2941. Common charters but easy to find notes to complete collections (or should I say...easier). Thanks, Sheik

PS I added the reverse of the $20 PB because it was given the "good embossing" comment. Purchased ungraded for $336 

Thank you very much my friend. Now I can cease my tireless search for the $5 PB from Ch #2491. Amazon sells Don Kelly's NBN book but it was written in the 90's...like edition 3. I think there are like 6 editions now?? Do you know what edition is the most current? Do you know where I can get the latest version. Amazon had a few old versions that were used. I want the latest version that is not used. In the meantime I thought I would share my BB Ch #2491. In addition to my $10, $20, $50 & $100 1902 PB and my $50 small Type 1 1929. 

I couldn't tell you about back plates, but that is a seriously excellent score. What are the odds of finding consecutive notes graded the same at different shops? That is awesome. Keep them together forever!

I would be interested to know if a collector has all denominations in the 1902 series and the 1929 series both Type 1 and Type 2. It would be really awesome to see a complete red and blue seal 1902 complete denomination set with the complete Type 1 & 2. I imagine there are only a few banks that have all of those notes available. It would be nice to see your Ch #13044 collage? 

I also have the $50 Type 1 from this bank so I am working on a complete 1902 and 1929 series from Ch# 2941. I picked up this $50 note in the picture ungraded for $275. 

And so on, the same two signatures on a large note with a date of 1918 now on the small version for the 1929 series. C.C. Taylor and G.G. Brooks seemed to have a long relationship.

The file was too large to load so I cut the reverse photos and here are the obverse for my Ch #2491. And yes,there are multiple signature combinations for a single bank. I'll post that next. Thanks!

I picked up some more Warren's Type 1. I hoe I am not stomping on your territory. I like the way Hertzel's signature has 3 dots below the signature line on the large and small types. Very easy to recognize. 

Very nice!! I bought my Warren simply because I couldn't believe I found an NBN in 25EPQ!!

Very nice. Looks every bit of a 66. Did you notice the serial number on mine. It looks like a ladder. I generally don't pay attention to serial numbers and I bought this and didn't notice it until later..