macnme
Jan 29, 2009, 05:41 PM
I would like to know if my two dollar bill is worth anything. Any help would be appreciated.
Year: 1953C
Serial #: A79444934A
Seal Color: Red
Words on top: United States Note
Condition: It is rather wrinkled, but it is still very easy to read all of the words. There is a tear in the middle on the bottom about 1/4 inch long. It has a 1/8 inch red line, pen ink I think, on the top white border about 1/2 inch on the right side of the middle
Other: It has an M in the upper left and a M9 in the lower right.
Clough
Jan 30, 2009, 03:20 AM
Hi, macnme!
It looks like you've provided quite a bit of information as to what you have. Flying Blue Eagle is an Expert on this site who has the current documentation as to the possible monetary value of paper currency and coins. As such, I'm sure that he'll eventually be along to address your post.
What are the signatures on the currency, please?
What the paper money is worth monetarily will also greatly depend on the graded condition of it. Do you know what the graded condition of it is?
If you might not, then what is below should be helpful to you. Flying Blue Eagle will also need to know what the possible graded condition of it is.
What is posted below is quoted from the following site and is for paper currency. 1.9) How do you grade the condition of paper money? (http://www.faqs.org/faqs/coin-collecting/paper-money-faq/section-15.html)
1.9) How do you grade the condition of paper money?
The condition of a note is critical to its value. Lowering the
grade of a note one notch can decrease its value by 1/3 or even
1/2. An expensive note which falls between two categories might
be worth a thousand dollars more in the higher category than the
lower one. Thus, it's often important to be more precise than
using a limited number of categories.
But here's a general guideline. Note that many dealers have
slightly different grading systems, especially with various
sub-grades of uncirculated. There's no official system of grading,
unfortunately. But these are pretty much universally accepted.
I've received a lot of input and tried to hammer out the best
descriptions for each category.
Crisp Uncirculated, UNC or CU: This means absolutely not the
slightest sign of any handling or wear or folding or *anything*.
Some people use additional grades to distinguish qualities such
as perfect centering or other printing characteristics. Certainly
a note which has centering problems which are visible from a
distance of 1 meter (3 feet) should have this mentioned in the
condition description.
Almost Uncirculated (or About Uncirculated), AU: This means there
is a slightly detectable imperfection such as a counting fold on one
corner or slightest fold in the center (nothing which breaks the
surface of the paper) or a pinhole. At first glance it looks like
an UNC note.
Extremely Fine, EF or XF: Generally three light folds or one strong
fold which breaks the surface. There may be slight rounding at the
corners.
Very Fine, VF: May have several folds although the note is still
crisp and has a minimum of dirt. There may be minor tears or very
small holes but nothing which distracts from the overall appearance
of the note. Take an uncirculated note and crumple it once in your
hand, then flatten it out: this is a Very Fine note. Repeat the
crumpling and it's still pretty much a VF note.
Fine, F: A circulated note where individual folds and creases may
no longer be visible. To distinguish this from a VF note, when
inspecting a Fine note, it clearly does not look like a note which
has merely been crumpled a few times: It doesn't have the crispness
and brightness of a VF note. No tears may extend into the printing.
This is your average in-the-wallet note.
Very Good, VG: Tears and small holes can be present. The note is
not crisp at all. The is your lower quality in-the-wallet note.
Lots of people on the 'net don't realize that a note in "very good"
condition is really pretty lousy.
Good, G: Small pieces missing, graffiti. A worn out note.
Fair: Major tears, etc. A badly worn out note.
Poor: Even worse.
To grade a note precisely, it can help to hold the note about
20 cm (7 inches) under a strong light source (use the same source
for comparing notes) and on top of a white piece of paper and
use a 3x or 4x power magnifying glass. Make sure your hands are
clean before handling a note. This method will show a lot of
minor imperfections which are not normally visible.
Note that note from many countries have standard features which
exist for even Uncirculated notes. Some notes from Bangladesh,
Bhutan, Burma/Myanmar, India, Nepal, and Pakistan are only found
with staple holes where staples are always used to hold packs of
notes together. Most dealers list Uncirculated notes of this type
as having the usual staple holes (often abbreviated as uSH-UNC).
Also, some notes printed in France (for about 15 different
countries) have a slight crinkle effect.
Thanks!
macnme
Jan 30, 2009, 06:05 PM
Treasurer of the United States Signature is Kathryn O'Day Granahan
Secretary of the Treasury is C. Douglas Dillon.
Based on the Gradeing instructions posted by Clough I would say the bill is VG, because although it is still pretty crisp it does have that tear that extends through the 'O' in DOLLARS at the bottom.
Flying Blue Eagle
Jan 30, 2009, 08:08 PM
MACNME - Thank you for giving me what you have ,IT sure does help out ,What clough ,posts for me all the time sure does help to Most of the time people will post like ( I have a $2.00 dollar bill ,how much is it worth ;; OK <I HATE TO SAY BUT THE TEAR THAT COMES UP INTO THE "O" IN DOLLER DOES KNOCK THE VALUE DOWN TO ( 4 or 8);
I would loo at the 4; Until you said how far the tear was ,I was thinking ( F-FINE ) NOW IF YOU WERE TO SELL IT TO A COLLECTOR< AND HE NEEDED THAT ONE TO COMPLETE A SERIES< THEN YOU COULD Probably GET MORE THEN BOOK VALUE:: OK THE RED BOOK VALUES FOR THIS NOTE IS AS FGOLLOWS:: FIRST THE SIGNATURES ON IT IS GRANAHAN & DILLON::
VG-8 UNC-63
#1512. - $6.50 $ 12.00
# 1512 * - $12.00 $ 65.00
I don't have the value in my book for ( G) ;;
but IM pretty sure that it will go as VG; ;
I INCLUDDED IN THIS QUOTE FREEBERG SYSTEM OF Giving ALL CURRENCY A NUMBE
R< ALSO THE 1512 ( *) MEANS FOR A STAR NOTE :: I HOPE THAT I HAVE HELPED YOU OUT< AND IF YOU HAVE ANY MORE QUESTIONS <JUST COME BACK TO THIS POST AND HOLLER> HAVE A GOOD DAY AND GOD BLESS:: F.B.E.