Ask Experts Questions for FREE Help !
Ask
    carriebearrie's Avatar
    carriebearrie Posts: 7, Reputation: 2
    New Member
     
    #1

    Oct 6, 2008, 07:42 PM
    2 1935g $1 silver notes
    I just received 2 1935g $1 silver notes. I have not been able to really find any info on them except what the definition is of a $1 silver note. The one thing that I did see is if it was a star note were it ended in a star. Both are not in very good condition and are signed by Elizabeth Rudel Smith and C. Douglas Dillon. One of the serial #'s *15954792G and the second one is # B97823724J. I am trying to find out if they are worth anything. I did find out that if it ends in a star then it can be worth more. But my one starts with a star. So I am not sure how to go about find out this information. Thank you for you help.
    Neilcathy67's Avatar
    Neilcathy67 Posts: 47, Reputation: 3
    Junior Member
     
    #2

    Oct 9, 2008, 07:30 PM

    Try PMCS, Paper Money Collectors Society, I believe they are online.
    Neilcathy67's Avatar
    Neilcathy67 Posts: 47, Reputation: 3
    Junior Member
     
    #3

    Oct 9, 2008, 07:32 PM

    Got it SPMC, Society of Paper Money collectors
    Clough's Avatar
    Clough Posts: 26,677, Reputation: 1649
    Uber Member
     
    #4

    Oct 10, 2008, 01:13 AM

    Hi, carriebearrie!

    Flying Blue Eagle is a person on this site who has the current documentation concerning the possible monetary value of such things. As such, I'm sure that he will be along eventually to address your post.

    In the meantime, and as per Flying Blue Eagle's request, it would be helpful if you would post the following information concerning the currency that you have. I know that you have already provided some of the information that is asked for in the quote that is below.

    Thanks!

    #1 - Series date, Example 1935, 1935A ,1935B, etc.
    #2 - Signatures - Example - Priest -Anderson
    #3 - Color of seal,- color of serial numbers, Is there a star before or after the serial numbers, what color?
    #4 - What is written above on the very top, Example - SILVER CERTIFICATE<Federal reserve notes, treasury or coin notes. Legal tender notes, etc. etc.
    Clough's Avatar
    Clough Posts: 26,677, Reputation: 1649
    Uber Member
     
    #5

    Oct 10, 2008, 01:16 AM
    What they are worth monetarily will also greatly depend on the graded condition of them. Do you know what the graded condition of them 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 them is.

    What is posted below is quoted from the following site. 1.9) How do you grade the condition of paper money?

    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.
    Flying Blue Eagle's Avatar
    Flying Blue Eagle Posts: 2,056, Reputation: 225
    Ultra Member
     
    #6

    Oct 10, 2008, 10:01 PM

    Carriebearrie - Here is the info. You asked for and it is out of the 2008 RED BOOK ON USA PAPER CURRENCY ; The values are as printed
    #1616. VF-20 UNC>-63
    $ 3.00 $ 12.50
    # 1616*- $5.00 $ 40.00
    #1617. - $ 7.50 $ 30.00
    #1617* - $30.00 $ 200.00
    Yes the star notes are more vaulable, There are collectors that only collect that type of currency.
    Now the reason of the star note::
    The star is placed in front of or after the serial number, the prefix letter is left off. This is done when there is a new note being printed and siomething is done wrong on it or the note is tore( DAmaged),then that note is destroyed and a new one printed in it's place .
    Also as money is turned into the banks and they are damaged ( tore ,corners tore off , in really bad shape ) they are destrooied and a new bill is printed and they will leave off the prefix letter and put a star in its place, This is how a star note becomes a real note: now tghen back in the early 1800's it was used as a decoration around the edges of some bills.
    The 1935 searies bills printed foe ( 28 years , before being changed in 1963, The only changes that were made during this time span was the changes in one or both signtures, except for the notes that were printed for WW! For AFRICA AND EUROPE AND THE ones printed for HAWAII< The 1`935 searies went through 1935H
    I hope that I have helped you out some ,If I can help any more just get on this same post and ask your questionUnless it's of a different nature. NOTE - The second one is a star note, Good luck and GOD BLESS ::F.B.E.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

2 one dollar bills 1935g and 1957a series are rare? [ 4 Answers ]

I have a 1937G blue note silver certificate and a 1957 A green one dollar silver cert. What are they worth?

Discounted notes vs Interest Bearing Notes [ 2 Answers ]

Sometimes a discounted note is issued rather than an interest-bearing note. Why would a someone do this rather than the standard interest bearing note? What are the pros and cons of doing so? Who would issue a discounted note?

1928 Silver Certificate Notes - Where can I get valuation? [ 7 Answers ]

Hi All you US Note Guru's... I just received some old 1928 & 1935 US Silver Certificates and would like to sell them... maybe on Ebay? Or? What is the criteria that I should list so that bidders will know exactly what is being offered? Any FREE advice available on-line for starting values? Here...


View more questions Search