Greensheet: ACTIVITY ACROSS THE MARKET
This issue of the Greensheet marks the next evolution of the Currency Dealer Newsletter. We have expanded
from twelve to sixteen pages, and with that we have added dozens of new price listings to both large size
and small size currency.
NEARLY 100 NEW PRICE LISTINGS ADDED
The most extensive set of new listings are found right away, with what was previously pricing page 2, and have now been expanded to two full pages of prices. In Demand Notes, three lines of pricing are now thirteen. We have added pricing for each location that these notes were payable in, and also added the rare “for the” signed notes made before the engraved plates were changed for efficiency. Legal Tenders see the widest expansion. We started by separating the 1862 and 1863 issues where applicable because in some cases there are significant price differences. The series 1875 $2 and $5 notes are next to given detailed treatment. The Treasury did not make it easy for today’s collectors with the series of 1880 notes, with a range of seal, serial number, and signature combinations. We bring some clarity to this series by breaking out many of the individual Friedberg numbers to price.
In the more-common later issues, we have added pricing for two popular varieties: the series 1907 $5 PCBLIC error and the series 1917 $1 reversed signatures. In Silver Certificates, we added the rare series 1878 $20’s which have never been priced before in these pages. In addition to individually pricing a range of the scarcer FR numbers throughout this type, we expanded upon the listings of the series 1899 $1 Black Eagle note to include some of the better signature combinations, and the same holds true for the 1899 $5 Indian Chief. Pricing was added for Fr.-239, a somewhat overlooked note. In Treasury/Coin Notes, we added pricing for the $50 and $100 denominations for the first time. Like the previous two note types, we broke out better individual numbers as necessary. The final large-size type to receive expanded coverage are Gold Certificates. The series 1882 notes have been expanded to better detail the differences between the various FR numbers in the $20 and $50 denominations. In total 87 new lines of pricing have been added for large-size currency.
In the category of small-size notes, we had added coverage of star replacement notes for all $1 Silver Certificates. As space and time permits in the future, we will be adding select additional replacement notes. This will include the other silver certificate denominations along with small-size legal tenders and possibly the World War 2 emergency notes. We are also considering the addition of some of the better FR numbers in the Fractional currency series.
This expansion is very much a work in progress, and we rely on feedback from the dealer community. If you have any commentary on the new listings and pricing, please email email@example.com.
KAGIN TO HOST AUCTION AT MARCH ANA
The main market activity in March is the American Numismatic Association National Money Show in Orlando. This show is marked by the return of Kagin’s, Inc. to the U.S. auction scene. A firm with a long history in dealing the United States paper money, they offer over 250 lots of paper money in the third session of their ANA auction.
The highlights start with an impressive collection of more than 100 Florida national bank notes. Virtually every area of the state is covered and provides an interesting look at the notes of the Sunshine state. Large size notes have multiple impressive pieces. Chief among these is an 1880 $10 legal tender, Fr.-107, which has been certified CU69EPQ by PMG. A grade virtually always reserved for small-size notes, this is one of two large size notes of all types to achieve this grade. This is also the first time this note has traded at public auction.
Two groups of items lead the silver certificates. First, a set of face-essay proofs of the three Educational note designs provide a rare chance to obtain archival material of the Treasury followed by a rarely-offered, complete set of series 1899 $5 Indian notes, which consists of all 11 signature varieties. Amazingly, all 11 notes are graded PMG CU66EPQ. The small-size notes are rounded out by a ever-popular series 1934 $10,000 Federal Reserve note from the Binion Hoard.
BY PATRICK IAN PEREZ, EDITOR