The Shiek

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About this journal

Gold Certificates!!!

Entries in this journal

 

New Note for Collection

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

Sheik Sheck

Sheik Sheck

06/24/2017

Last Reply:
09/29/2017

Collage from Los Angeles Ch # 2491

Collage from Los Angeles Ch # 2491

I can't find the $5 note!?!? Other than that, this is an awesome collection I put together. They are all graded but finding notes with the same signatures for all the denominations was not easy. I really enjoy putting sets like this together. Comments would be nice!!

Sheik Sheck

Sheik Sheck

08/14/2018

Last Reply:
04/24/2019

 

Same bank Prez at different banks

Happy New Year! I stumbled upon Lawrence and his exquisite signature he was not only representing the bank I collect (Ch#252), but also apparently lived in the neighboring state. I assume bank presidents were equally mobile in the early 20th century, looking for the best job. Looks like he lived in both Pennsylvania and West Virginia.   

Sheik Sheck

Sheik Sheck

12/30/2019

Last Reply:
01/14/2020

 

Ch # 6301

Friday art time. The Mellon signatures continue to intrigue. 

Sheik Sheck

Sheik Sheck

04/06/2019

Last Reply:
12/18/2019

 

Latest Acquisition

After shopping for the vaunted Bison for several years, I finally made the plunge. I am trying to pick up only EPQ when at all possible since observing sales, the slightest comment can cause the price to be extremely volatile. The most minor of comments, NET or not, seems to reduce the price by quite a bit. I'd like to hear your opinions. Bank Note Reporter noted that recent auctions seem to ding notes with "closed pinholes" or "minor repairs." PMG tends to obscure the topic by assigning NET in

Sheik Sheck

Sheik Sheck

05/12/2019

Last Reply:
06/13/2019

 

Ch #6301

My beautiful Ch #6301's. Just tell me I have a reason to be in love with this Charter.     

Sheik Sheck

Sheik Sheck

11/16/2018

Last Reply:
01/26/2019

 

Found at Coin Shop

This little old lady always seems to have some nice stuff. I love being able to locate good stuff that is ungraded and has potential. I was looking through her rotation case and found this Dallas FRBN. We started talking and she pulled out of her special drawer 100 star notes and a local Type 2 NBN, I was thrilled. When I bought the 100 consecutive star notes ($800) she gave me a good deal on the FRBN ($32) and the LaGrange note ($250). I sent them in promptly for grading. 

Sheik Sheck

Sheik Sheck

10/07/2019

Last Reply:
10/15/2019

 

Must See

If you want to really feel like your collection is small and futile, check out the Bebee collection at the ANA museum website. You can see just about any rarity you could hope for. DDR70... you will salivate at the high denomination, territorial NBN's. It's just an astounding collection! http://www.ana-museum.org

Sheik Sheck

Sheik Sheck

06/25/2019

Last Reply:
07/01/2019

 

Regrade

Would you regrade this note to get the PMG score or leave it in a PCGS holder. Anyone see any NET problems? Thanks.

Sheik Sheck

Sheik Sheck

03/27/2017

Last Reply:
05/05/2017

 

CH #252

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,

Sheik Sheck

Sheik Sheck

11/20/2017

Last Reply:
11/15/2018

Even at Heritage the Scans are ALTERED - Part 1

Even at Heritage the Scans are ALTERED - Part 1

Heritage Auctions posts scans that are not realistic either!! Heritage says, "The margins are outstandingly large for this type, and the gold inks are as deeply colorful as we have ever seen them. PMG likely saw some very minor flaw with the note out of the holder, but in the holder its obvious original embossing along with its other attributes makes it look like a 65 EPQ to us. From The Yuri Solovey Collection" Now look at their scan compared to mine once I received the note. When will th

Sheik Sheck

Sheik Sheck

01/25/2017

Last Reply:
01/31/2019

Ch # 252 Multiple Signatures for $5 Note

Ch # 252 Multiple Signatures for $5 Note

How about FOUR different signature pairs for a single bank. Two of the notes show the cashier presumably promoted to the President. And C.C. Taylor, the cashier quite common on the Ch # 252 notes is President on the 1929 small versions from this Charter. I wish someone could explain this bank's storied signatute lines. Obviously the "FirstSecond NB" merged to become the First NB but the multiple signatures requires some research of which I haven't done yet. 

Sheik Sheck

Sheik Sheck

08/25/2018

Last Reply:
11/10/2018

 

One beautiful French note

I honestly believe the color scheme on this note is as fine as you can find for a vintage note. The colors are manifique!

Sheik Sheck

Sheik Sheck

08/30/2017

Last Reply:
09/30/2017

 

1875 NBN Paris, IL Graded

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 re

Sheik Sheck

Sheik Sheck

10/21/2017

Last Reply:
11/05/2017

 

Woods-Tate Signature on Nationals

Hey ddr70, I was checking out your nice Large Nationals and noticed your Newton, Mass note. It has the rare Woods-Tate signature combo. Attached is New York Dunbar of the same ilk. You ay be aware but Peter Huntoon wrote a nice article in the April 2019 Bank Note Reporter about the rarity of the combo. Attached is also a .jpg of the article and the banks that issued such notes. 

Sheik Sheck

Sheik Sheck

10/14/2019

Last Reply:
10/14/2019

 

Example of Bad

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

Sheik Sheck

Sheik Sheck

11/22/2017

Last Reply:
10/28/2018

Another Grading Company Comparison

Another Grading Company Comparison

Educating all on the difference between CGA and PMG As the esteemed Matarcat says, treat CGA as ungraded when purchasing.Note, the even though PMG did not assign it "NET" another surprise was the note had been "Retouched", impossible for most to realize before sending in for grading. To see old comments for this Journal entry, click here. New comments can be added below.

Sheik Sheck

Sheik Sheck

11/10/2016

Last Reply:
07/29/2019

 

Stupid Collectors Buy Ungraded Notes

I am stupid This is the last time, I promise!! I will never be STUPID again. Several Ebay dealers that continuously get 5 star feedback for selling ungraded notes. Probably because the buyer never gets the note graded. I have learned my lesson over and over again that ungraded notes that are rare or valuable are UNGRADED FOR A REASON. These rare or highly desirable notes have probably been looked at and looked at again and again by professionals that know why they should not grade them. THEY A

Sheik Sheck

Sheik Sheck

06/02/2016

 

Ungraded notes in my crosshairs

Ungraded notes are sucking your wallet Ungraded notes steal from your pocket. Why would a rare gold certificate from 1882 be ungraded? They are so rare, just about every dealer has seen every one of these notes. I see it all the time, dealers saying, "oh I sold this same note five years ago" The notes are ungraded because experts know they will grade NET. They are able to spot the tiniest flaw that even if an average collector had the note in his hand, he would not be able to tell it was "reto

Sheik Sheck

Sheik Sheck

06/03/2016

Ungraded to Graded - Part 1

Ungraded to Graded - Part 1

Lesson on what is advertised versus what the truth is.... This is Picture 1 from the seller, a picture of the obverse of the note. Notice how the note look beautiful and white. Here is the description by the seller... "On the want lists of many collectors, but rarely ever offered. Most seen are very low grade and ugly. Examples in mega high grade like this one here tonight, are very few and far between. Incredible design with a portrait of Lincoln, and nicknamed the "Porthole Note". This spe

Sheik Sheck

Sheik Sheck

06/08/2016

Ungraded to Graded - Part 2

Ungraded to Graded - Part 2

The reverse of the note from the sellers advertisement. To refresh your memory, here is the note description. "On the want lists of many collectors, but rarely ever offered. Most seen are very low grade and ugly. Examples in mega high grade like this one here tonight, are very few and far between. Incredible design with a portrait of Lincoln, and nicknamed the "Porthole Note". This specimen is near uncirculated with just very minor handling(see enlarged scans). Premium paper quality is crisp a

Sheik Sheck

Sheik Sheck

06/08/2016

Ungraded to Graded - Part 3

Ungraded to Graded - Part 3

Now the truth... Sent to PMG and graded. The new PMG holders are absolutely wonderful. Like the note is mounted in a crystal glass container. Even so, the note is scanned with my scanner with no color manipulation. Notice a difference between my scan and the advertised scan? Also, notice the grade isn't quite consistent with the description. Hmmmmm.... PS I blocked my name lest I am victimized. I thought this "premium paper" super version of the wonderful Fr-282 would be the jewel of my coll

Sheik Sheck

Sheik Sheck

06/08/2016

Art Project of Large Note $20 Gold Certificate

Art Project of Large Note $20 Gold Certificate

Paint and crop is quite entertaining with scanned notes I couldn't help myself. My $20 Gold Large Note collection is nearing completion. I only need an Fr-1181, 1182 and 1183. I have the technicolor Fr-1180. I need the Fr-1179, the other technicolor note to truly complete the collection but that probably won't happen for a long, long time. I hopefully have a trade in the works to get the 1181, 82 and 83. I thought I would choose 6 of the reverses and do another collage. I will do another with

Sheik Sheck

Sheik Sheck

08/07/2016