PMG Journals

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:
07/11/2020

 

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

 

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:
06/23/2020

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

Got my Bond Notes. :)

Got my Bond Notes. :)

I suppose I hinted at this in my previous post by posting pictures of both of them but I didn't bring this up because I didn't close / seal the deal on the 2nd one until this morning. Over the weekend, about a week after I lost the auction for that P-100 note the seller offered me a 2nd chance offer on it at my max bid price - which happened to be the initial / starting bid price. This offer, combined with some other things that happened towards the end of those auctions, increases my suspi

Revenant

Revenant

05/06/2020

Last Reply:
05/07/2020

 

New Competitive Sets for Nationals Needed! Demand one Today!

OK, I'm bored with 20 odd 'series of 1902 type' sets for my Nationals.  I've asked for some more sets, but the response was 'no sets for you...'  So, bored as I might be, I created my Series of 1902 Lowball Set.  Check it out:  See if you can get lower than my score of 1082 for 3 notes, or an average of 360.67 pts/note.  You know the sad thing is my Tennessee set beats my Lowball set with 3 notes, 763 pts and an ave. of 254.33 pts/note, but that's because of net grades receiving just half poi

ddr70

ddr70

05/03/2020

Last Reply:
05/07/2020

After 40 years, the Zimbabwe dollar has gone full circle.

After 40 years, the Zimbabwe dollar has gone full circle.

I read last year that Zimbabwe was going to have ANOTHER new currency coming to replace the RTGS dollar but then life and work got busy and I never really went back to look into the developments. I've been making updates to my set(s) lately though and looking into the getting the P-99 and P-100 Bond notes and this got me thinking about the fact that I haven't been seeing or hearing anything about new notes or a new currency even though it's been about 6 months now. It seems like they h

Revenant

Revenant

05/04/2020

Some big progress for my 1st dollar set

Some big progress for my 1st dollar set

About 2 weeks ago I decided to bid on a P-6 Zimbabwe note that was PMG graded 68 EPQ. I already had a P-6 in 66 EPQ and I don't normally buy "upgrades," but this was a CD prefix where what I had was a CA prefix so I decided that was justification enough to go for it. The seller took his time in shipping it out but it came in the mail today. We quarantine our mail because of the current situation but hopefully I'll get to snap some photos of my own soon. Seller's photos below: Then, ab

Revenant

Revenant

04/26/2020

Last Reply:
04/27/2020

 

Arkansas National Bank notes with low back plate numbers

I found an odd block letter combo on the treasury serial number when compared to the back plate number and Fr. number for my Paris, AR The First NB Ch. # (S)11592 PMG 20 $10 1902 PB Fr. 633 SN 2200/U55355 pp B/96 dated Jan. 20, 1920.  That BP # could be a 98, but definitely just two digits.  The back plate number and U- Block SN seemed way too low for a Fr. 633 plain back.  Of my other Eliott | Burke notes, the lowest BP was 651 with an RE Block combo.  So I checked my Kelly reference for Arkans

ddr70

ddr70

04/13/2020

 

A Keene National

I recently added this note, Keene, NH The Citizens NB Ch. # 2299 PMG 25 Net, $10 1875 Fr. 416 Allison | New SN 2690/K296099 pp A. dtd. Sept. 25th, 1875, from the Sept. 2019 Long Beach Expo.  It was Net grade for a repair and minor discoloration. It features a fancy title layout seen on few First Charter examples from all banks combined.  It's a great looking addition [however, not so great for points :-( ] to my type set of 1875 (see:  https://notes.www.collectors-society.com/registry/notes/SetG

ddr70

ddr70

09/22/2019

Last Reply:
04/12/2020

 

Where has all the action gone, gone to flowers everyone.

It's now the end of March, one of the wackiest months in my life and probably yours and perhaps in history of the modern world.  Plagues have been with us since the beginning and I suppose this isn't gonna be the last one unless we all go down with it.  But, not here to discuss our future, but the present.  Seems as though everything except the graders have gone home, and I bet their number of coins and paper money has dropped quite a bit as only electronic trading is happening. All the venues I

CaptBrian

CaptBrian

03/31/2020

Last Reply:
04/06/2020

 

ADDING - ONES IN APRIL 2020 - THE BEP NEW ISSUE OF 2017A SERIES OF NOTES IN LAST UPDATED PRODUCTION REPORT

The new BEP updated report cover the One Dollar thru Hundred Dollars for the new 2017A series of notes. It cover the December, January and February, also noted that the notes were printed at both Washington DC and Forth Worth location. The 2017A One Dollar notes are A/A, A/* star and B/B, B/* star block, printed at the Washington DC location and the One Dollar J/A, K/A, K/B and L/A also two run of L/* star notes printed at the Fort Worth location. I hope more information will be forthcoming

STEVE R

STEVE R

04/05/2020