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    jpjohn2's Avatar
    jpjohn2 Posts: 9, Reputation: 1
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    #1

    Sep 21, 2009, 08:52 PM
    1928 dollar bill
    I have a series 1928 dollar bill. The front of bill has the letter K. The signatures on the bill are Tate and Mellon. It has a blue seal. The plate number is K835. Can you tell me the value please
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    #2

    Sep 23, 2009, 09:08 AM

    I have a series 1928 dollar bill. The front of bill has the letter K. The signatures on the bill are Tate and Mellon. It has a blue seal. The plate number is K835. Can you tell me the value please
    Clough's Avatar
    Clough Posts: 26,677, Reputation: 1649
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    #3

    Sep 23, 2009, 12:12 PM
    Hi, jpjohn2!

    What you have is a silver certificate. Do you know what the graded condition of it is, please?

    Thanks!
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    jpjohn2 Posts: 9, Reputation: 1
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    #4

    Sep 24, 2009, 09:38 AM
    Quote Originally Posted by Clough View Post
    Hi, jpjohn2!

    What you have is a silver certificate. Do you know what the graded condition of it is, please?

    Thanks!
    I would estimate the grade to be "AU"
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    #5

    Sep 24, 2009, 09:41 AM
    Quote Originally Posted by jpjohn2 View Post
    I would estimate the grade to be "AU"
    About Uncirculated
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    Clough Posts: 26,677, Reputation: 1649
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    #6

    Sep 24, 2009, 01:10 PM
    Hi again, jpjohn2!

    Did you arrive at that graded condition using something like what is below?

    Thanks!

    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?

    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!
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    jpjohn2 Posts: 9, Reputation: 1
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    #7

    Sep 24, 2009, 03:20 PM
    Quote Originally Posted by Clough View Post
    Hi again, jpjohn2!

    Did you arrive at that graded condition using something like what is below?

    Thanks!

    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?

    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!

    Yes Clough that is exactly how I graded the bill.
    B]Almost Uncirculated (or About Uncirculated), AU:[/B] 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. jpjohn2
    Clough's Avatar
    Clough Posts: 26,677, Reputation: 1649
    Uber Member
     
    #8

    Sep 24, 2009, 03:26 PM
    Then, according to the 2010 Blackbook Price Guide to United States Paper Money that I just purchased a couple of weeks ago, your bill in very fine to uncirculated condition could be worth $25.00 to $125.00.

    Are you looking to sell the note?

    Thanks!
    jpjohn2's Avatar
    jpjohn2 Posts: 9, Reputation: 1
    New Member
     
    #9

    Sep 25, 2009, 06:59 AM
    Quote Originally Posted by Clough View Post
    Then, according to the 2010 Blackbook Price Guide to United States Paper Money that I just purchased a couple of weeks ago, your bill in very fine to uncirculated condition could be worth $25.00 to $125.00.

    Are you looking to sell the note?

    Thanks!
    Yes I am looking to sell the bill at the right price. jpjohn2
    jpjohn2's Avatar
    jpjohn2 Posts: 9, Reputation: 1
    New Member
     
    #10

    Sep 25, 2009, 07:02 AM
    Quote Originally Posted by Clough View Post
    Then, according to the 2010 Blackbook Price Guide to United States Paper Money that I just purchased a couple of weeks ago, your bill in very fine to uncirculated condition could be worth $25.00 to $125.00.

    Are you looking to sell the note?

    Thanks!
    Hi Clough, yes I am looking to sell my bill at the right price. Are you interested in purchasing it? Otherwise, how would I go about selling it? jpjohn2
    Clough's Avatar
    Clough Posts: 26,677, Reputation: 1649
    Uber Member
     
    #11

    Sep 25, 2009, 12:37 PM
    Hi again, jpjohn2!

    I'm not interested in purchasing it. Just looking to see what you might want to do with it since you're asking about the possible monetary value of it.

    How about posting some ads on the Internet? I know of lots of sites where you can do that for free!

    Thanks!
    jpjohn2's Avatar
    jpjohn2 Posts: 9, Reputation: 1
    New Member
     
    #12

    Sep 25, 2009, 03:52 PM

    Hi Clough, yes I am looking to sell my bill at the right price. Are you interested in purchasing it? Otherwise, how would I go about selling it? jpjohn2
    jpjohn2's Avatar
    jpjohn2 Posts: 9, Reputation: 1
    New Member
     
    #13

    Sep 25, 2009, 03:57 PM
    Hi Clough,
    Okay so you are not interested in purchasing my bill. Can you tell me some of the sites where I can post it for free so I am able to sell it. By the way thanks very much for all your Help. jpjohn2

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