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TheRock

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Posts posted by TheRock

  1. The more info' the better, I'm still confused (or dumb) though......If they were offered at shows in 4 and 16 subject sheets why is it that only №s 5 and 100 are ever mentioned? surely they have to be (or were) attached to other notes, therefore other low numbers would exist wouldn't they....??

     

    Banker, you are correct. The #5 & #100 notes are still a part of a UNCUT sheet from what I'm told. I do not know if the (2) sheets are 4-Subject or 16-Subject sheets though. So, yes there would be both lower & higher numbers if in fact the sheets are NOT cut.

     

     

     

     

  2. I'm still a bit confused though, they were printed in sheets of 32 I guess as are all US notes, is that correct? So what format did they leave the BEP? Single notes? sheets of 4? 8? 16? or all of the above?

     

    You are correct, all the current BEP produced notes are originally printed in 32-Subject sheets. The 2004A $10 FRN's were brought to shows and sold as 4-Subject and 16-Subject sheets (Cut at the BEP). No 8's or 32's were sold.

     

    And why do you think the BEP would simply want to destroy 1-4 and 6-99 ? what would be the reasoning behind that d'ya think? They must have known they were sitting on collectables......

     

    The BEP does not really care about the issue of collectables, they are there to make money. The reason for the destruction was they were NOT suppose to make it out of the BEP.

     

    Another thing I was wondering was how many do you think have been 'chopped' into singles by dealers who managed to get sheets....Or like I said, did a quantity come out of the BEP as singles?

     

    It is speculated that no more than 20 or so 16-Subject sheets remain in tact. No one really knows on the 4-Subject sheets since so many were cut up and sold as singles from people trying to make a buck. I still have my original 16-Subject sheet and (3) 4-Subject sheets that were purchased at the Atlanta show. They are also for my (4) boys.

     

    Hope this helps.

  3. Banker, Jamie is correct that the "Accepted" reason for the 9600 was human error. The BEP will not confirm this of course since it would in fact make them look bad. I really don't think we will ever know the reason for "WHY".

     

    However, as for the destruction. Not all of the first 1500 were destroyed.

     

    #1 thru #100 were held by the BEP until after the distribution in Atlanta, Denver, and Long Beach. When BEP inventoried, at that time, they discovered that #5 and #100 were, in fact, sold (not destroyed, but rather had been taken to one of the shows mentioned and sold...)...

     

    After the credit card problems on the Texas Coin and Currency promotion, the BEP decided to destroy the remaining 98 notes of that series.

     

    #5, #100, and #101-9600 are all out in collectors hands

     

    I know a dealer that has seen the #5 note, and has also viewed most of the notes of that series, including #9600 (still in sheet).

     

    Hope this helps answers your question.