PMG Journals

Our community journals

  1. Will know for sure if i got a good deal by friday

    I am hoping that it gets the grade it should get. I am a newbie to collecting currency. when i recieved it in the mail last week, i took it out and felt it and it had that nice crispy feel. if that makes any sense. i did not see any folds. a couple of slightly rounded corners. barely noticeable though. well i can guess and hope all i want but it is out of my hands now. wish me good luck.

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    vivianingraham
    Latest Entry

    dolls for sale

    i have inhereated barbies and i am looking for a buyer

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  2. gunny39's Journal

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    gunny39
    Latest Entry

    gunny

    a>

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    I dont know what this is but I had to write something ;)

    After many years of not collecting coins ( my collection that I started when I was a young boy in the 1960's was stolen ) I have started to collect again. I began buying some us mint coins about 5 years ago, and now I have a nice collection again. This time around is a bit different, I no longer can get all the silver in my change, And I doubt that I will be able to buy a 1909 s vdb for $95.00 as I did in 1968, but never the less I am having fun again, and am enjoying sharing this hobby with my 9 year old daughter :) I just joined the NGC collectors club to organize my collection, and to put some value on the same. So a little at a time I will be sending in my coins to have them graded, and try gather some registry points and take it from there. I welcome any feedback from other members,and look foward to making some new "friends"......till next time, bye

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    Valid Submission?

    I was reading a journal entry earlier that said "when you submit your 25th Ann sets to NGC, each coin has to be entered on it's own line". There are only 20 lines and there 25 coins.

    Why is there a Quantity column if you have to list them all seperately? I hope their post was wrong...I sent mine in already and I listed the five different coins and just put a 5 in the quantity box. Is NGC going to kick these back to me or am I OK?

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  3. bonedoc's Journal

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    I finally found affordable high denomination 1928 gold certificate notes.

    As a new collector of paper money, I have been smitten with finding gold certificate notes. Although the large notes are beautiful, I am particularly fond of the small 1928 notes. One day a few weeks ago I decided to bid on both a $500 and then a $1000 1928 small gold certificate note. I miraculously won both auctions and now very proudly display them on my site.

    I now am looking to complete my star notes from the same series. I hope to add them to my collection soon.

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    It is time that we demand that our currency returns to a Gold and Silver Standard to finally stop our failing economy. Just as it was done at the founding of our National Currency which kept is strong until the coins and notes we collect lost their true meaning.

    Today I was looking at a recently purchased 1928 Gold Certificate PMG 40. I was thinking about how that note at was time a hedge against the incredible inflation that has our United States currency has suffered. It was a piece a paper that was truly converted; to a piece of paper worth much more than the cost of paper that the note was printed on. It was even more than that it was a guarantee that the government could not print that note unless it possessed the twenty dollars in gold that it represented. This is not news to numismatist, or at least I hope it is not news to numismatist. That paper money that was in the form of gold or silver certificates was not money that is faith based.

    I personally think faith when comes to my personal belief in God is a great thing. However, a U.S. Govement note that is based on faith to give value as money is a bad thing, and that is what we are exactly left with now. If you are person who thinks they do not know what it is like to have faith or know someone that claims that they do not know what faith is just produce a modern U.S. Federal Reserve Note if it's yourself or the person who claims to have no understanding of faith and ask them if the current Federal Reserve Note has any value. If they say it does then they are exercising faith, pure and simple.

    For when the Twenty Dollar Gold Certificate was printed it was done so with the backing of twenty dollars of gold in the U.S. Treasury. The government could not just print money if it did not have the precious metal in reserve to back-up the note. For the possessor of that note could demand twenty dollars or gold in exchange for the note from the government. This form of currency backed by or made or precious metal has survived for thousands of years and was a strong hedge of inflation. Inflation did not climb several percent each year as it does now. Under the Gold Standard it moved in hundredth of a percent if went up at all or even went in reverse.

    Our elected officials both and have done us a disservice by putting us on a faith based currency which in turn makes our entire economy based on faith. There have been several examples of faith based economies throughout history and everyone has or is in the process of fiscal oblivion and or failure. We are, whether you care to admit it or not in the very mists of a continuing failure of our current faith based economy. It is the reason why government bailouts and other attempts to stimulate our economy have failed. The citizenry and world have lost faith in the United States. For a while the Euro was doing well for a world that had lost faith in the U.S. economy and thought the European nations that backed up the Euro dollar were worthy of faith. It has come to the attention to the world and Europeans that they deceived each other and out right lied about the financial assets and liabilities of nations that joined and formed the Euro Bank. The truth has started to come out about the reality of financial status of the countries that back up the Euro is even more dismal than the situation in the U.S. and it will correct its self to the point that if the Euro ends up being worth 75% of the dollar would be unlikely; if the accusation of book cooking the countries using the Euro turn to, being allowed in played a type of pyramid scam and there is no one else left to kick in. I should not be surprising to see Euro either exchanged into a new weaker form or fail all together. Sad for Germans that have done so well and made the Deutsch Mark a very strong currency and makes the British look wise in not joining the club and keeping their own national currency.

    The point of this all is simply this. A faith based currency is good for governments; it allows them to print money as fast as they can because the reality is it has as much true financial backing as Monopoly money. We must demand that our government place us back on the gold and silver standards. That will turn our economy and currency around and we will see an end to our continuing inflating money. It would stop it and keep the U.S. as the number one market in the world and also turn us back in to an economy that is based on all types of commerce not just the service and consumer economy we live with now. Write your congressman and senator and demand that we be put back on a precious metal standard. This action will save the middle class instead of seeing it get smaller and smaller since the last precious metal backing of the dollar was done away with in the early seventies. For those of you old enough to remember think about what your dollar could buy in 1970. If you are old enough to remember what a dollar could buy in 1932 the last year of the gold standard.

    There is something horribly wrong that by leaving my money in a savings account and it will lose value due to small amount of interest paid will not outpace inflation. Moving us back to a currency backed by precious metal will certainly end that, stop the shrinking of the middle class and return those of us that do not get bail outs to a reasonable expectation of obtaining some wealth not just trying lose our wealth.

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    I logged on. just as I thought I normally did. There was suddenly no collection. I could envision all that work GONE!!!

    I started looking for software to manage the collection. That was quite an experience. I would advise against it. Ask someone if you feel you need it. That someone should have a LOT of experience !!! After a couple of hours of searching, and a note to NGC ( they cannot be reached after hours ) I decided to try one more time with a different email and password. Who would believe it? It worked. Wonders never cease....

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    ...

    recently sent an item to PMG for grading.

    While all the grades met my expectations, there is 1 which I thought to be EF but came back VF25 EPQ?

    To those I show the note to will also grade that note at EF.

    Would it be possible to ask for explanation from PMG?

  4. Jack DeAngelis talks about your MEMERORIES, your MONEY, yor LIFE.

    Listen to Jack on 1100kfnx and learn about why you should obtain silver and the American Eagle Silver Coin.

    Cynthia

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  5. Never enough information...

    I have the Haxby series on Obsolete Bank notes and am looking for a good current source on conditions and prices. There are a number of books out there. Can anyone tell me which would be most relevent, please.

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    I usually just buy coins at auction. This time was different I ran across a currency offering that got my attention. If I was reading it right it looked like each of the boxes in this offering had two bills a 20/50 with matching serials.

     

    The title and information they gave was sparse and misleading I figured others would pass this by.I have found in some auctions once the bidders on the internet have had their fill of bidding once an item is bid up bidding on the floor won't be to vigorous. I won the auction and these are the serials on the bills. I just got the package and It is everything I was expecting. These are the serials.RICHMOND 2263PHILADELPHIA 2263SAN FRANCISCO 2284NEW YORK 2290CHICAGO 2294MINNEAPOLIS 2300ST LOUIS 2300DALLAS 2304ATLANTA 2312CLEVELAND 2320BOSTON 2332KANSAS CITY 240314101.thumb.JPG.befc3a80bfefd10005bc2dba38f0a75c.JPGTo see old comments for this Journal entry, click here. New comments can be added below.

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    Brian McMillen
    Latest Entry

    My thoughts and understanding about putting together a complete Lincoln Memorial Cent set.

    I'm completely new to the hobby and unfortunately I don't have anyone close to rely on for solid information about specifics regarding mintage of the Lincoln Memorial Cent. Here's what I know:

    The Lincoln Memorial Cent was first minted in 1959. From 1959 to 1964 it was minted both at Philadelphia and Denver. There are 3 basic versions then from these years, 1) Philadelphia general circulation, 2) Philadelphia proof, and 3) Denver general circulation.

    From 1965 to 1967 the US Mint did not put mintmarks on any of the coins, even though coins were produced at more than one mint. In addition, even though proof and mint sets were not issued, the Special Mint Set was issued for each of the three years, making 2 basic versions of the coin for these three years, 1) general circulation and 2) SMS.

    From 1968 to present the US Mint in San Francisco has minted only proof coins while both Philadelphia and Denver have minted general circulation coins. In addition, from 1968 to 1974 the San Francisco mint also minted general circulation coins.

    Therefore, from 1968 to 1974 there are 4 versions of the coin, 1) Philadelphia general circulation, 2) Denver circulation, 3) San Francisco Proof, and 4) San Fransisco general circulation.

    In 1975 the San Francisco mint began producing proof only coins, so with the exception of the cent composition in 1982 changing from copper to zinc, there have been 3 basic verions of the coin since 1975.

    So from 1975 to 2005 there are the 3 versions of 1) Philadelphia general circulation, 2) Denver general circulation, and 3) San Francisco proof.

    In 2005 both the Philadelphia and Denver mints changed the US Mint sets to a satin finish, thereby changing the coin from 3 standard versions to technically 5. They are 1) Philadelphia general circulation, 2) Philadelphia satin uncirculated, 3) Denver general circulation, 4) Denver satin uncirulated, and 5) San Francisco proof.

    My definition of general circulation allows room for the fact that coins can be purchased in an uncirculated state, ie from busting a US Mint set up, but those coins are still technically the exact same as the general circulation coins, just untouched.

    Also, I'm aware that there are several versions over the decades from small date/large date, coin composition, close and wide AM, and everything else in between. I found a wonderful resource online at www.lincolncentresource.com that I would suggest for anyone, novice or expert.

    I guess my question is, am I missing anything "version" wise? I really want to be thorough in putting my sets together and I've been in the hobby for about 3 weeks now. Any feedback, guidance, or correction on my information is greatly appreciated. Thanks and happy collecting!

  6. Tierney's Journal

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    Yeah!!They only made a half a million of em!!Sure I'll pay you

    book value,but which book?I've recently began to see prices slowing and even lowering a bit on US currency. I personally think that if one is in a position to buy, now is a good time. As many Americans,I don't have alot of money to spend,but when I do,I'm extremely careful about it..Here we go again..Research from every source I can find! I quite often watch the EBAY auctions and every so often I come across a bill,and a price that's difficult to pass up.Quite frankly, I've seen some very good deals on "certified" high denomination bills simply fail to sell for there asking price...good deal or not...we must still be careful of where we spend our money! Also,it is extremely important that you are very careful about which price guides you use. They vary significantly!! Yes, it's true--Currency is hot, but If you can hold out a bit, that will change this year. I can hear all you Naysayers out there now....NO WAY-Everything will increase,I'm going to make millions!!! Well,I wish you the best of luck, let's say in June 2010, in finding all those "got plenty of money" buyers.

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    2011 collector
    Latest Entry

    What is paper?

    Greetings to PMG Society Members,

    This is a different path I have entered a month ago at the ANA show in Sacramento (2011). I saw a $1000 gold certificate and hand-shook the purchase. I saw something that I like and decided to mortgage my property by the time the deal concluded. A few days later (after the show), I went to the dealer place of business and purchased a $500 and a $100 gold certificates to go along with the $1000. Now you know what I meant (mortgaged the property). This will be a five year payment plan. And it is also a long term investment.

    That what the hobby is about...long term investment on rare collectible items. Thank you all the people that educated me on the investment of the hobby. Enjoy it cuz it is only money.

    (written 4/21/2011)

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  7. maslucu's Journal

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    Cheap Kitchen Cabinets Sale Manchester

    Cheap Kitchen Cabinets Sale Manchester. Thirty Ex Display Kitchens To Clear. £595 each with appliances http://www.exdisplaykitchens1.co.uk. Thirty kitchen ranges to choose from.

     

    _________________________________

    Cheap Kitchen Cabinets Sale Manchester

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    mt1missile-migration
    Latest Entry

    Who Knew?

    Talk about slow! I sent my notes to be graded and they arrived at PMG OCT 24th. They are on a 21 working day schedule and by my calculation they are at 24 as of this writing. So far, they have yet to make it out of received status. Just in case you didn't know either, if you submit notes to PMG and they have a show your notes are put on the back burner in favor of grading notes on-site for a healthy profit. Nobody stays behind to grade at PMG they all go to cater to the big spenders at the shows of which none are in the Northwest. PMG says I'm at 21 now due to the three days of shows they don't count and they are running behind at 28 days.

  8. Cayton

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    Dennis B-migration
    Latest Entry

    Why can't paper be as easy as coins?

    I am a coin collector but my son has opted for collecting currency. I am trying to help him find Friedberg numbers for his bills.

    In looking at the list of Friedberg numbers for the $1 Federal Reserve Notes 2003A series, there seems to be twice as many numbers as there are bills, not counting the * designation.

    Are there two different types of bills in the series? If there is a difference, what is it?

    Addendum: I just figured out about the bills printed in DC and Fort Worth but there are still more bills than Issuing Bank Letters. Any idea how the Friedberg numbers match up?

    In case you can't tell, I'm way out of my league on this one! lol

    Thanks for the help.

    Dennis

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    Working on an Unc set, lack only 1 coin.

    Lack only the 14-D in MS. My filler is an XF45 with Obv. cleaning. looking to upgrade it with a raw trouble-free coin.

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    Recently I started to look at what PCGS claimed are part of their standards to try to grade some of my circulated bills.

    Recently I started to look at what PCGS claimed are part of their standards to try to grade some of my circulated bills. So I tried to put them in an excel file to make more sense of them. I also added some of my own to help clarify some other gradings. Instead of just a PPQ or EPQ, I added a whole line of crispness that folled their grading system. I added the following; Limp, Heavy wear, Solid, About crisp, Strong crisp, Choice crisp, Very choice crisp, Gem crisp, Superb gem crisp, Perfect gem crisp. Do these sound good, or too many, or what? I tried to upload a copy, but it is too big.

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  9. Freshly-printed 30-country currency proofs plus a double whammy 2-set Rentenmarks - Face value 3trilliegoats$$$

    30 proof notes in extra-fine condition represnting 30 different countries. Available to all Central Banks whole=- sale only and payment exclusive via Paypal.

    Email contact: [email protected]gmail.com

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  10. Counterfeiting of paper money in North America dates back to the very first emissions.  The only Massachusetts 1690 bills that survive today are raised bills; genuine bills on which the denomination was altered, or raised, to a higher denomination.  Counterfeits were a problem in all of the 13 colonies from the beginning.  Free money was the motivation for the counterfeiters was, for the first 85 years.  That all changed in 1775 when the British placed counterfeit May 10, 1775 $30 Continental bills into circulation.   

    These very rare counterfeit bills represent the first tactical use of counterfeits.  The objective of the British was to undermine confidence in the paper money of the Continental Congress.  The first bills were not very convincing and were probably viewed as more of an irritation than a real threat.  The bills were printed from a relatively crudely engraved plate and are easily spotted.   As the American revolution progressed the British counterfeiting operations improved, and the counterfeit bills became a real threat to the colonial economy.  The rampant counterfeiting of the May 20, 1777 and the April 11, 1778 emissions forced the early recall of the bills, and significantly undermined confidence in the currency.  The British not only printed counterfeit bills, they encouraged the use of counterfeits by sympathizers and even issued propaganda heralding the quality and number of the counterfeits in circulation.

    The pictured bill is an example of the first shot fired by the British in the economic battlefield of the American Revolution.  These are very rare counterfeits with less than 10 examples known today.  They are easily identified becuase they were printed from engraved plates, rather than typeset.  This example has evidence of mounting and paper pulls on the face, but is collectable none the less.  

    Eric Newman wrote a detailed article about the British Counterfeiting Operations, the full article is available here:  https://www.britnumsoc.org/publications/Digital BNJ/pdfs/1958_BNJ_29_18.pdf

    CC-010-CT - CC2137 - Obv - May 10, 1775 - $30 - SN 12467 - Fine Net.jpg

    CC-010-CT - CC2137 - Rev - May 10, 1775 - $30 - SN 12467 - Fine Net.jpg

  11. mkmittal

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