PMG Journals

 

A P-23 and the 15-year labels in the context of the Zimbabwe sets

A couple of weeks ago a pair of P-23 notes came up for sale - a P-23e and a P-23c, ending in that order, a couple of days apart from each other. I have not seen a lot of P-23s come up for sale over the last few years. One of the few I’ve seen offered is one that has a “Pick-Unlisted” label that was graded years ago, so you don’t know from the label what variety you’re getting and the seller wanted $200 for it - which has always and still seems insane for that note. This probably explains wh

Revenant

Revenant

08/04/2020

Last Reply:
08/14/2020

 

Rec'd at PMG, the wait begins.

I just sent a good chunk of my NBNs to PMG to grade.  The post office sure took it's time, but got my package there in 8 days instead of 4.  PMG listed as received about a week after it arrived in Sarasota.   Here's one of the notes awaiting scrutiny.  I can't wait to add it to one of my series of 1882 collections here.  Connellsville, PA The First NB (E)2329 Radar Treasury SN on a $10 1882 VB Fr. 576 Tillman | Morgan SN 9076/T493394 pp F/118.  Love that SN especially on an early value back

ddr70

ddr70

08/14/2020

Last Reply:
08/14/2020

I said you talk (type) too much. Homeboy you never SHUT UP!

I said you talk (type) too much. Homeboy you never SHUT UP!

I've been toying with some of the note descriptions for my Ukrainian registry sets and I'm having trouble staying under the 5,000 word limit. My friends and family would be somewhat surprised by this revelation, as they often have difficulty extracting a coherent sentence out of me at times. I tend to be more of an observer/listener rather than an active participant in conversations, pouncing in with wise cracking comments and/or definitive statements, after which (if my commentary had the desir

Fenntucky Mike

Fenntucky Mike

08/09/2020

Last Reply:
08/10/2020

"long hair freaky people" Only!

"long hair freaky people" Only!

**WARNING:READING THIS JOURNAL ENTRY MAY CAUSE SEVERE BRAIN PAIN, DO NOT READ THIS ENTRY IF YOU WANT TO LEARN ANYTHING WORTH RETAINING.** I was looking at my Ukrainian banknotes yesterday and after inspecting the reverse of the 1992 5 Hryven note I couldn't help but say to myself "Damn, that's one crazy stash! What's with all the hair on these notes?". Yep, that thought was all the encouragement my brain needed to leap from the structure of reality and plunge frontal lobe first into the "de

Fenntucky Mike

Fenntucky Mike

07/19/2020

Last Reply:
08/09/2020

 

The only $10 VB recorded

This note was recently returned from grading. I am growing fond of the new holders. They seem to have solved the problem of crooked notes and bulging ridges between the note and label compartments. Track and Price lists only 13 large notes and one Value Back. The VB listed is a $20 so this is new to then census. When I received the note from the seller, I could smell the strong tint of tobacco! If only this note could speak. I am sure the yellow color is a result of cohabiting with a smoker for

Sheik Sheck

Sheik Sheck

07/18/2020

Last Reply:
08/04/2020

 

Time To Focus On Banknotes & A New Direction?

With gold continuing its ascent towards $1,800 I had pumped the breaks on any new gold purchases about six months ago, and came to a dead stop in late March. Having just sent in, what will likely be my last submission of gold coins for awhile I was thinking I should take this opportunity to focus more on my banknote collection/collecting goals. Now appears to be an opportune time for me, with an influx of modern Ukrainian banknotes (my current focus) hitting the market at relatively low prices,

Fenntucky Mike

Fenntucky Mike

06/22/2020

Last Reply:
07/23/2020

Right now! Catch that magic moment, do it right here and now?

Right now! Catch that magic moment, do it right here and now?

Prior to me starting a Ukrainian banknote registry set, I was well aware of two "stopper" notes in it, Pick# 50 (2 Karbowanez) and Pick #125 (50 Hryvnia). The 2 Karbowanez note I may never own or even get the opportunity to (this note has an interesting story behind it, which I will write about in a future journal), but the 50 Hryvnia I will have an opportunity to acquire at some point and that time could be very soon. The 50 Hryvnia is a manufactured rarity (I hate that), a commemorative bankno

Fenntucky Mike

Fenntucky Mike

07/23/2020

Rise up GATHER round / .............. / Burn it up, let's go for BROKE!

Rise up GATHER round / .............. / Burn it up, let's go for BROKE!

Recently, I've been burning up some spare funds I acquired through sales of some duplicates in my coin collections. I've been busy using some of these newly rediscovered monies to focus on gathering up several Ukrainian banknotes for my sets. I have been hitting the banknotes really hard the last two weeks due to several factors eluded to in a previous journal entry (over $1,800 an ounce on 7/8/2020).  It just so happened that several notes popped up for sale that were either perfect matches for

Fenntucky Mike

Fenntucky Mike

07/09/2020

Last Reply:
07/13/2020

 

These were on inventory a while I think...

I got the bulk lot of six Venezuelan notes in the mail on Thursday, and, after letting them wait / sit a while I opened them today. This is such a funny group of notes because, the Bolivar Fuertes series has 6 designs where 6 portraits and 6 animals & nature scenes are paired and this same sequence of 6 note designs is repeated twice in the series in the same order. This group of 6 that I bought together has an odd-ball 2 Bolivar notes and not the 500 Bolivar note that would match

Revenant

Revenant

07/12/2020

Last Reply:
07/13/2020

Sire I have stolen, stolen many times (Maybe?)

Sire I have stolen, stolen many times (Maybe?)

I was taking a scroll through the NBU's website this morning and stubbed my index finger on the headline "OFFICIAL DENIAL: The 1,000 Hryvnia Banknote Does Not Depict an Unlicensed Font", well now you have my attention! It appears that the NBU Had a minor controversy in regards to the font used on the new 1,000 UAH banknote released in October of last year. There were questions raised as to origin and use of the font on the reverse of the banknote, specifically the phrase "One Thousand hryvnia"  

Fenntucky Mike

Fenntucky Mike

07/11/2020

Last Reply:
07/12/2020

 

Branching out to to Bolivares Fuertes

The Venezuelan hyperinflation and the Bolivar / Bolivar Fuerte (“Strong Bolivar”) / Boliver Soberano (“Sovereign Bolivar”) Series got my attention last year while I was heavy into building and shopping my Zimbabwe set. I think they are cool looking notes, I love the animals on the back, and I love the fact that some of them have turtles on them, in addition to being hyperinflation notes / series. I didn’t start collecting them though because I was neck-deep in Zimbabwe, I didn’t have the budget

Revenant

Revenant

07/06/2020

Last Reply:
07/10/2020

The First Paper Money Used As A Weapon!

The First Paper Money Used As A Weapon!

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 bi
 

ADDING - ONES IN JULY 2020 - THE ADDITION OF NEW 2017A SERIES OF $1 FEDERAL NOTES - FOR DISTRICT SET TYPE WITH STARS AND VARIETIES

Over the last three months the BEP has added the new 2017A Series of One Dollars notes for the Western or Fort Worth and the Washington DC location. The Collectors Society is also working at this time to updating the Friedberg Numbers for all the existing 2017 and new 2017A series of notes. The first to be corrected were the new 2017A Hundred Dollars notes starting with Fr #2189 and Fr #2190. The next were the new One Dollar notes 2017A series Fr #3005 for the Fort Worth location and Fr #3006 fo

STEVE R

STEVE R

07/01/2020

Big (Dirty) Money Goes Around The World

Big (Dirty) Money Goes Around The World

I was reading through the National Bank of Ukraine's press releases and came across their response on "Preventing the spread of coronavirus infection COVID-19 during cash transactions" dated Mar, 18 2020, link here. https://bank.gov.ua/en/news/all/pro-profilaktiku-poshirennya-koronavirusnoyi-infektsiyi-covid-19-pid-chas-operatsiy-iz-gotivkoyu  On a side note, the NBU actually has a decent website with English translations and good info on all banknotes and coins produced by the Banknote Printing

Fenntucky Mike

Fenntucky Mike

06/28/2020

Last Reply:
06/28/2020

The P-2e (and the P-1d)

The P-2e (and the P-1d)

The P-2e is an interesting note (one of a few 1994 issues, along with the P-1d). It is a somewhat rarer variety than the P-2d, but when you look at the two, on the surface, they look pretty much the same. The difference between the P-2d and the P-2e (and the difference between the P-1c and the P-1d) is that the earlier issue uses the first version of the Zimbabwe bird watermark while the later issue uses the newer, second version of the Zimbabwe bird watermark that was used in later issues, incl

Revenant

Revenant

06/27/2020

New 2020 $20 too!

New 2020 $20 too!

I did a bit of reading last night and found out that the new $20 notes were announced at the same time as the $10 notes, but, where the $10 notes went into circulation in late May, the $20 notes weren't supposed to go into circulation until June. This time delay is probably why the $10 notes are starting to hit eBay but the $20s aren't - yet. I figure, assuming they aren't delayed, we'll see the $20s for sale to US collectors by early July. I said in my post about the new $10 notes tha

Revenant

Revenant

06/22/2020

New 2020 $10 notes for Zimbabwe

New 2020 $10 notes for Zimbabwe

Over the weekend I just started seeing these pop up for sale in eBay auctions and new sales / offerings popping up that offer these as part of a 3 note set with the 2 2019 issues, so I'm guessing these are freshly released and they're just now making it out to the dealers. So I guess I might get to see all the designs that were supposed to be released as part of the bond note series afterall. I was really expecting them to tack an extra 0 onto these if they released them and have $100 and $200 n

Revenant

Revenant

06/15/2020

Buy the (Free) Book Before You Buy the Bill

Buy the (Free) Book Before You Buy the Bill

If you have every considered collecting colonial paper money you need to have at least one copy (I have 7) of The Early Paper Money of America by Eric P. Newman.  It is the best reference available today on the topic of collecting colonial paper money.  The good news is that the book is available for free!  You can access a .pdf version of the book here: https://archive.org/details/earlypapermoneyo2008eric Now go out and start collecting!  

ColonialMoneyMan

ColonialMoneyMan

06/05/2020

Last Reply:
06/10/2020

A P-11a!

A P-11a!

Somewhat to my surprise a PMG-graded P-11a popped up for sale in an eBay auction the other day and I decided to go for it. I say "somewhat" to my surprise because the P-11a, like many / most of these, isn't especially rare but you don't see every variety pop up having already been graded as a high uncirc grade every day. I think this is actually the first PMG-graded 11a I've seen and it's only recently been graded based on the holder. The auction ended at 10:15 PM Sunday night so I sta

Revenant

Revenant

05/18/2020

Last Reply:
05/20/2020

 

Back plate numbers shouldn't be reused and t's should be crossed

Marietta, OH The Central NB Ch. # 5212 VF+ $10 1902 PB Fr. 632 SN 27286 pp D/992 May 29, 1919. A number of Second Charter notes survive bearing the bank's original German NB title. The title was changed due to World War I with the second title "The Central NB" found on Third Charter notes and those notes are somewhat tough to find with prices reflecting this fact. This pristine Very Fine example has wide margins and nice embossing. Philadelphia, PA The Quaker City NB Ch. # 4050 Fine $10 190

ddr70

ddr70

04/21/2019

Last Reply:
05/17/2020

Well, that’s … Not a bond note…

Well, that’s … Not a bond note…

The notes I ordered about a week or so ago have arrived and they’re starting to clear our quarantine period so I’m finally getting to take a closer look at what I bought… and the are not 2016 bond notes. The bond notes actually say “Bond Note” and that’s the one modification / omission these 2019 issues make (other than the date) that separates them from the Bond notes. I’m laughing to myself because this is 100% my bad for not noticing. The seller’s listing listed the

Revenant

Revenant

05/17/2020

 

When 91% finally, barely, beats 8%...

Somewhat inspired by ddr70's recent post about lowball sets, I thought I'd share this today, just for a laugh. My new P-5b, P-7 and P-9 notes finally came out of quarantine today and I finally got the certification numbers to add to my set(s). With the addition of these notes, my 91-92% complete set now finally beats Muzzer42's 8% complete set... by a whopping 3 points.   Muzzer has a P-1d note in MS66 EPQ. The P-1d is the rarest and most valuable variety of the P-1 note. It'

Revenant

Revenant

05/07/2020