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SSFRN – THEY ARE ONE DOLLARS 2013 D AND J STAR NOTES
The last two one dollar star notes to be added to the $1 Federal Reserve Note – District Set with Stars and Varieties, master set are the 2013 D star block with two runs totaling 3,450,000 as a normal run and the 2013 J star block with only 250,000 notes printed making this a rare note. All the information is on uspapermoney.com and in BEP mouthy production data. The note were added to the MASTER ONE DOLLAR SET.
BEP NEW RUNS - ONE thru HUNDRED DOLLARS NOTES with STARS – NO WOMAN ON THE TWENTY DOLLARS BILL
The closing out of the 2013 series notes, the first printing were in November 2013, could be change out within the next two years with the changing of the existing Treasurer of the United States or the Secretary of the Treasury, the year could be as soon as 2017 or 2020 with the printing delay with the new series notes. The 2013 notes came in under the presidency of Barack Obama’s under his second term, the newly elected president will have a change of appointing a new Secretary of the Treasury and a Treasurer of the United States, after January of 2017 with him being sworn in as the 45 President of the United State of America. Only after the printing on new notes will see if the change made to 2013 will remain or if some changes are made. The first notes were the 2017 $1 dollar currency printed in 50-subject sheet format, but the other were printed on 32-subject sheet.
Also during the same time the new resign twenty dollars notes was to be printed with Harriet Tubman the first African-American woman on United State currency and would replace President Andrew Jackson on the twenty dollars notes. This would be the first woman in more than a century that will appear on US currency. The new designs was to be unveiled in 2018 and go into circulation shortly after the unveiling of the new twenty small size Federal Reserve note.
The currently announced delay could be a precursor to outright cancelation of the Tubman portrait. With Trump in the Whitehouse we will not see a new twenty in the near future with a women’s right to vote. For more information see David C. Harper in May issue Numismatic News.
I sent out my first submission to PMG in March and they just came back. Of the 7 notes I had graded, 3 had been graded by lesser respected grading companies. I have no issue with 6 of the grades I received. One of the regraded notes, however, I feel was significantly under-graded. I was curious as to your opinions, or that of anyone from PMG that may read this.
The grading process as described on the PMG website states that 2 industry professionals grade each note in a submission separately, without knowing what grades the other has assigned each note. A third professional will be used in the case that the first two do not agree. After encapsulation, the notes are then reviewed again by an industry professional to make sure the grade assigned is correct for the note, in addition to verifying that the label information is correct and that the holder is free of any issues.
I have included front and back images of the 1914 $10 that I feel is under-graded. I have also included front and back images of an 1899 $2 that was in the same submission and received the same grade from PMG. At the end I have added front and back photos of my 1914 $20 that is graded 30 by PMG to avoid any cross series misrepresentations. Note the visible fold lines and rounded corners that are absent from the $10.
What do you think?
Edit: PMG's response was, "Based on our grading scale, a note that has graded a 30 would be a note that is lightly circulated and may have light soiling. There will typically be seven to ten folds. It can sometimes be difficult to see the folds once the note is inside our holder. Also, if a note has been pressed at all, then the folds may be more difficult to spot as well." Just by looking at these 3 notes, all graded VF 30 by the same grading company, it is my personal opinion that one of them is clearly not like the others. And if it were the opinion of the grader's that this note had been pressed, why would they omit any notation to that effect? That is because PMG's opinion instead is that I should pay shipping, insurance, and grading fees again for them to fix their own obvious mistake.
Why won't this company just look at the photos, admit a mistake was made, and offer to rectify the situation? Why do they despise creating goodwill with their customers? What do they expect my opinion to others about their services to be in light of this situation, especially when I can show any potential customer these notes and the egregious disparity? I just don't understand what happened to customer service, nor will I tolerate this extortion attempt.
UPDATING THE SCORING SYSTEM and CORRECTING THE SETS FOR MULES AND BACK PLATE ERROR NOTES
I am very happy to see the Registry adding and updating the scoring system and also being proactive in adding the new series of 2017 notes as the information is issue by BEP and other website for the notes that have been printed. In this way a collector can see what notes that have been printed an issue by BEP and can picked up a new note as a bank note fine. They also have update the sets with mules (m) and back plate error (bpe) notes for the one dollar sets with stars and varieties and checking with the notes that are existing in the population report. Over the last year they have corrected and changes the scoring for more than hundreds notes and sets. Also at this time you can see the changes made to the scoring over the past six months. They have also added new 2017 sets for the one and twenty dollars notes along with star notes for that series.
The next is for the Registry to correct and update the existing remaining scoring system that stall have some of notes with duel or two difference scores or points for the same note, this was part of the old scoring system stall exist within the system today. This may take some time for the Registry to correct and remove all of the dual scoring.
THE BUREAU OF ENGRAVING AND PRINTING – ADD MORE THE NEW 2013 FIVE DOLLARS STAR NOTES.
SSFRN – THIS UPDATE THE FIVE DOLLARS 2013 series B, F AND H STAR NOTES
The last update on uspapermoney.info show the adding of the following new Five Dollars star notes MB/star, MF/star and MH/star all form Eastern Facility (DC) and one MK/star from the Western Facility (FW). The star note complete the DC taking the series to 17 notes and one note from FW facility.
Below are the photo of new B and F stars notes, the notes are schedule for grading by PMG.
THE BUREAU OF ENGRAVING AND PRINTING – NEW SERIES OF 2017 SHEET NOTES LISTED IN BEP STORE
SSFRN – ONE DOLLAR 2017 F/A BLOCK SHEET NOTE
The notes were printed and is not part of standard runs for this 2017 issue by the eastern currency facility or Washington D/C an the same serial number block F/A of notes with serial F35315001A thru F35400000A, the photo below is one of the note cut from a sheet of five notes. The note below will be sent in to PMG for grading within week, along with the other nine. Updated on March 24, 2018, the first four notes came back graded from PMG-64 thru PMG-67 EPQ.
I have added a Signature Sets to cover the one dollar sheet notes, as the notes are added a photo and description will be added, at this time I have 20 sheet notes set for grading. The 2017 note photo below is one in for grading at this time. New update for both the BEP and USpapermoney.info in March 2018. They also listed the new addition of B/A, F/A, F/B, F/C, block from the Washington D/C and the first Fort Worth series G/A, G/* and the first L/A and L/B blocks one dollar block.
The sheet note were part of a normal run, the first one of the F/A block starting with F35315001A thru F35400000A and are listed in the 2017 notes.
SSFRN – THE FIRST TWENTY DOLLARS 2017 B-STAR NOTE ISSUE
In checking the monthly production report, BEP in December 2017 show the first printing for the 2017S series of notes and is listed for fiscal year 2018 and fiscal month December 2017. A small run of 320,000 notes from 10,000 sheets. The notes are listed as New York $20.00 2017S NB/* star and issue by the eastern currency facility or Washington D/C. This will make this run of twenty dollars notes a “RARE” issue with this low printing an also the first one printed. I also check the BEP store to see if the show up as sale item, the BEP store was not updated. The serial number for this twenty dollars note starting with NB00000001* thru NB00320000*.
Also in checking uspapermoney.info new notes are listed, with the last update 2/2/18. I will update this journal as more information is released. Both the Washington DC and Forth Worth have been update, that also added $5 five dollars notes.
THE BUREAU OF ENGRAVING AND PRINTING – NEW SERIES OF 2017 NOTES WERE LISTED IN OCTOBER CURRENCY REPORT
SSFRN – THE FIRST IS A ONE DOLLARS 2017 F-STAR NOTE
In checking the monthly production report that BEP for October 2017 show the first printing for the 2017S series of notes and is listed for fiscal year 2018 and fiscal month October 2017. A small run of 250,000 notes from 5000 sheet with the serial F00000001* thru F00250000*. The note is listed as a Atlanta $1.00 2017S F* star issue by the eastern currency facility or Washington D/C. This will make this note a “RARE” issue with this low printing an also the first one printed. I also check the BEP store to see if they showed up as sale item, the BEP store was not updated. Also not reported is the new F/A block that were also printed but not listed in the October 2017 production report.
Also in checking uspapermoney.info/serials/f2017 new notes are listed, with the last update 10/16/17. I will update and edit this journal as more information is released. On 12/18/17 the BEP production data was added. To see the new 2017 series F/A block go to www "Steven Mnuchin's wife strikes a pose with a sheet of money", the notes with the following serial number "F33922301A" is one of note on this sheet is a part of the BEP sheet note issue.
Update on March 10th - The new series of 2017 notes, BEP updated the production report and added November 2017 notes, the second run of F star with 3,200,000 notes, with serial F03200001* thru F06400000*. Also the first run F/A block of notes with serial starting at F57600000A thru F96000000A and the second run printing starting at F00000001B thru F19200000B. The sheet notes were the first to be printed starting with F353150001A thru F35400000A. Also the information is also on uspapermoney.info with the last update also dated 3/24/17. The note slot were added to PMG sets for new 2017 series of one dollars series of notes.
Also the BEP have not updated the mouthy population report for the last two mouth for JAN 2017 and FEB 2017 for fiscal year 2018 and uspapermoney.info is also have not been updated, the last update was on 2/2/18 thru December 2017.
BEP Store just issue the new 2017 Uncut Currency Sheet notes on January 30, 2018, all the notes are Fr #3003-F with same series serial number. I have order the notes and will add serial numbers amount and photo at a later update.
The 2017 series sheet notes came in today, February 8, 2018 with the same serial number as the standard run. I could not remove the photo below, so I have add a new journal entry to add the picture of the 2017 new note with Serial number F35397184A.
I am a collector of all Baltimore MD small town notes. With the exception of Charter 1413, I am buying all Charter Baltimore notes. They should grade VF35 or better. My only missing note in my collection is Charter 1432 which has 7 total in the inventory and last was in a public aucthion dated 2009.
I did business with the purveyor of these notes. Note the tape as the holder fell apart. Fortunately I don't see many of these holders anymore but it was not a good way to begin collecting, doing business with a person that doesn't care about long term customer relations as opposed to making a quick buck. If you do see these holders, treat them as CGA or ungraded notes as the owner was grading and selling notes at the same time. I still find it hard to believe that ungraded note sellers on Ebay fetch top retail dollar . People just don't understand that large size old notes are not graded for a reason. The note has certainly been inspected by professionals, probably dozens of times. They are not graded because there is some small flaw that translates into hundreds or even thousands of dollars for high dollar large notes. And folks bid these notes up to full retail based on the sellers description "Strong XF, Choice Unc., check out my 100% feedback"...etc.
I am trying to complete a set from one national bank set. I chose the First National Bank of Pittsburgh (Ch #252) because I originally bought an ungraded 1902 $5 Plain Back. It graded 35 EPQ and the signature of the bank president Lawrence Saunders is a wonderful signature. Also, this is a common bank with many notes so I thought the chances of getting most of the denominations would be better. It's not as easy as I thought. I rarely see the large denomination notes for sale. If anyone can help, I am BUYING CH #252's. Notice the the cashier was C.C. Taylor on the large notes and is also the same cashier on the small Type 1 notes! C.C must have worked at the bank as a cashier for many years. Anyone else trying to do a collection like this??
I finally had it graded. I picked the note up for a very nice price ungraded. There are several notes that were preserved with about the same serial number range so the lack of extreme rarity makes these notes of less value. I have seen several of the CH# 1555 in $10 and $20 denominations sold at auction. They are always graded and always seem to be AU or Unc with the EPQ designation. So, as I have posted before, these type of notes are not graded for a reason and here is it this time. When I received the note, it was clearly AU or Unc so I thought it had probably been flattened. This time it did not grade NET but it was commented as "Previously Mounted" I always thought that meant it was in another holder and cut out and sent without the previous holder to another grading service. Matarcat showed a CGA $50 note mounted in a CGA 62....he cut it out sent it to PMG and was delighted it came back as a PMG 63. I wondered why they didn't put "Previously Mounted" on his note. So I called PMG. Maybe I am educating some of you. "Previously Mounted" was detected as remnant of adhesive on the corners which was probably because the note was in a frame or something like that with adhesive tape or something to hang it. I checked the corners before I sent it and I could not see any problems but PMG did. I asked them not to place it but they said they had to. Can anyone see the presence of adhesive on the corners? Anyway it graded out as 62, not EPQ. A mixed blessing. I don't think I lost money but I don't thin it is super valuable like I had hoped for. Moral of story...buy an ungraded note, and you may get lucky and get a fantastic grade making the note worth far more than you paid, but if you buy a relatively rare, expensive, especially old note ungraded, it is probably for a reason. How many experts looked at this note under magnification, saw the remnants of adhesive and balked on purchasing or sending it for grading because they know it was worth more ungraded? On another note, I am so disappointed in this Journal board. I hoped it would be active and teach us all a lot. Instead, I post more than anyone, rarely get a response and when writing, feel like this hobby is so obscure, it's all a waste of time. Anyway, here are the images.
This is being offered at auction by Heritage in their Long Beach, 2017 September auction. I have heard "retouched" used in the context of "this note is to be avoided at all costs" to "I don't pay attention because the note appearance is all that matters." I lean more and more to the latter looking for bargains on notes that are not "NET" but some negative comment is on the back. I believe you can snatch some good bargains on notes with comments that are not "NET" A tear that you can't see on a scan, an inclusion, pinholes...etc, is not given the "NET designation and is a wonderful note. Especially, "closed pinholes" is another potential bargain generator. Look at my Fr-1184, it says "closed pinholes" on the back, their is no "NET" designation and the reverse is one of the most gorgeous I have seen for a $20 Large Gold. I have seen 40's and 45's of the Fr-1184 and their reverse doesn't have half the eye appeal of mine. Sure, we all want GEM-EPQ notes but if you are serious about building collections and you're not incredibly wealthy, then I am really trying to use my eyes! I have seen so many 35's that look better that much higher grades. SO I was really piqued by Heritage's definition of "Retouched" on this Lincoln $5 portal. I have copied Heritage's advertisement for this note verbatim below. Look at the note your buying and if it is not "NET" but has comments, don't walk away from a beauty because PMG didn't precisely define what was retouched!!!!
282 $5 1923 Silver Certificate PMG Choice Very Fine 35. Very beautiful, lightly circulated porthole that PMG has anointed with their cryptic comment, "Retouched," which over the years we have found can mean almost anything or often nothing at all. The note could have a minor repair, a little artwork, or be entirely problem free. The comment reminds us of the old, unfunny joke about Tarzan swinging from vine to vine, wearing his new glasses, then jumping to a nonexistent vine, which was a crack in his glasses, and slamming to the ground. Poor Tarzan...Poor PMG...Poor consignor. There is a lot of value in this "Retouched" note.
Over the last six month I have been collecting some of the small size one dollar notes, I have added one dollar notes to Master Set and the overflow sets. Over one hundred notes are in PMG for grading, of that sixty were added to the sets. All the sets were updated with the addition of notes. The remaining will be added at a later date. The notes cover from added in 1963 thru 2013 series notes, and the first sixties were added in June and July of 2017. The master set was rework to add higher graded notes of 67 EPQ and taking 67E to 125 within the set. At the same time the one dollar notes were also updated the other sets. Also the 1988A F star Web notes was also added to the set to complete 1988A Web series. Also some new two dollars notes cut from BEP sheet were also added to the sets. With the addition of new notes it's move the collection into ninth place.
This Thomas Flynn Fr. 774 "battleship" note was sold for $6,037.50 in April of 2008.
The same note sold for $4,312 in 2014.
I just picked it up at auction for $3231.75. This is 46% reduction in 9 years. I wish there would be a really good article on how much the currency market has softened quite a bit. One vendor says the premium for low serial number specimens has dropped out the bottom. Interesting since there are Bison notes and other low serial number notes still going for several hundred thousand dollars up to over a million. It seems one needs to be really careful with the premium on low serial number notes. I never thought it was worth it anyway. I thought it was an interesting and nice feature to have but never bought notes for any serial number feature (low #, ladders, radars etc....) Happy collecting.
In the last updated of www.uspapermoney.info on May 10th its shows the new runs of Two Dollars Notes from the Fort Worth Facility an listed as Fr #1940, to complete the set of notes for all 12 Federal Reserve Districts, the runs cover the first A/A, C/A, D/A, G/A, H/A, I/A, J/A with one runs each of 6,400,000 in each run. The order notes with two runs were the E/A with a total run of 12,800,000 and L/A with a run of 5,120,000 and the B/A with a large run of 57,600,000 the other run were the F/A with a run of 3,200,000 and K/A with four runs of 38,400,000 in this run, this complete this runs of twos. The New York B star with a run of 3,200,000 to complete this series of notes, the F and L stars with a run of 3,200,000 to complete this series of notes, the F and L stars are printed and in the set. This complete this set of block runs, to see if BEP will run the stars notes to match all the runs. All the runs were completed in July of 2016, the notes were held and were sent out over the last six month of 2016 and first half of 2017. The stars notes that were issue are B star New York with one run of 3,200,000 the next were the F star Atlanta with one run of 640,000 notes an should be listed as RARE and the last are the L star with two runs of 4,400,000. At this time in May of 2017 it's look like all the notes have been printed, the only note listed in the set is the I/A but no note have been found or listed fore sale by the currency dealer.
I have the following notes in PMG for grading Fr #1940-A, C and D. I have not found or located any Fr #1940-I at this time.
You can see the updated set listed as - STEVE R COLLECTION - $2 DOLLARS 2013 SERIES with STARS
In checking the BEP printing and annual monthly production report, shows new production for the month of January and February 2017, for one dollar thru hundreds dollar notes on their website - www.moneyfactory.gov
All of the 2013 forth Worth District series (Fr #3001) for the one dollar notes have been printed from A thru L along with six stars notes. The following 2013 Washington DC series (Fr #3002) one dollar notes that have been printed A, B, C, E, F and four stars. The following DC notes that were not printed as of March of 2017 they are the D, G, H, I, J, K and L series.
With 660 notes within this set, that cover the first fifty years of the Small Size Federal Reserve notes stars and varieties one dollars sets, may be starting in early 2017 with two run in January and February of 2017 with four runs of DC series A/D, A/E, E/I and F/J block for DC Fr #3002 and four runs of FW series G/G, G/H M, K/F, and K/G blocks for FW Fr #3001 runs. The next runs may in 2018 or 2019 for the next fifty years with the change of the Secretary of the Treasury Steve Mushin