1907 Woodchopper $5 and 1923 Large $1 Note

[rbrown4]

Can anyone provide any information on these two notes. A 1907 $5 Woodchopper and a 1923 Large $1 Note.

 

Thanks

 

Rey

[jtryka]

What specifically would you like to know?

[EastCoastCurrency]

Whatcha wanna know?

[rbrown4]

What is it exactly and why do they call it a woodchopper. Do they have any value and if so in what condition. I am attending an auction tomorrow and they have one of each of these. There are also four $5 Notes that say Farmer's Bank Buck's County.

 

Thanks,

 

Rey

[jtryka]

The $5 woodchopper is a series 1907 $5 United States Note, and in VF range it's usually around $100-150 give or take. The four Farmers Bank notes are likely either broken bank notes (privately issued notes prior to the National Currency Act) in which case they may have value but I wouldn't know it, or they could be small or large size national bank notes (currency that is still legal tender and backed by treasury bonds). If large size national bank notes they are likely series 1902, and would be worth in the hundreds, if small size, they would look like a more modern $5 bill and the value would depend on the bank of issue and serial number.

 

The series 1923 $1 note is likely a $1 silver certificate (blue seal) or it could be a $1 United States Note (red seal). The silver certs are worth maybe $100 in unc, but considerably less circulated. The US notes are worth more. Hope this helps!

[rbrown4]

Great, thank you very much. I can not tell from the pictures the condition, but at least now I have something to go by when looking at them.

 

Rey

[rbrown4]

FYI - The Woodchopper mentioned above sold for $175.00 today at the auction. I chose not to bid on it at all.

 

Rey

[jtryka]

Depending on the condition that was probably a fair price...though if it was a problem note it was too high.

[Conder101]

It is called a Woodchopper because the central vignette figure is holding an axe.

[Houston Investor]

The Woodchopper is a beautiful note in Gem.

[cfisch-migration]

It's called a woodchopper because of the central vignette, here's an example from my collection.