Q: Hi there. I have many bills and coins, U.S. and foreign, given to me by my grandmother. She worked at a bank long long ago and pulled them out of circulation, so most of them are in fair or poor shape. Some of the more notable ones include:

-Three $2-dollar bills (2 large notes from 1917 and a 1928)

-A 1921 Morgan dollar

-Many British coins from the 19th century

-Many foreign bills from the early 20th century, from Germany, Great Britain, and Asian countries.

-A set of uncirculated (but somewhat stained from handling) pennies from the mid-50s through the 80s, including all mint marks.

-A mint set from 1985

-A mistruck penny from the 1990s, with about half of each side blank, no date showing.

-and many many others I can't remember.

Does any of this sound like it's worth anything, either for earning a profit or just interesting and unique? Thanks.

-Dennis

p.s., I'm a Georger from Columbus, OH. 48 hits. :)

A: Dear Dennis-

Here goes - The estimated values are what I believe someone could expect from a dealer.

-1917 $2 large sized notes - Really interesting, can you imagine having a wallet full of notes this size? Even in low grades with lots of wrinkles, these notes do have some value. Assuming there are no tears, holes, or significant stains, the wholesale value is $35-$40.

-1928 $2 note - Common, little value above face. If it is the 1928B (small B under the 1928), it could be worth up to $20 in low grades .

-1921 Morgan $1 - Common $5-$7.

-Foreign Bills - Usually not worth much in worn condition. I don't have a book to identify these however.

-British Coins - ?? Need a list of dates and denominations. A scan would be helpful.

-Uncirculated pennies - Not worth much if stained.

-1985 Mint Set - About $5.

-Off center cent - Even though this is a really neat coin, they are not valuable. You can buy these for $1-$2 each from larger coin dealers.

Hope this helps,

-Professor Quarters

Q: Hi, great site! Lots of good info. I was wondering if you could tell me about this bill; maybe a little history of why it is like it is. I won it in a poker game over 30 years ago and forgot about it until I got involved in Wheresgeorge.

-Rusty Roese

A: Dear Rusty-

This note is a series 1929 $10 National Currency Note. The U.S. Treasury printed notes for individual banks up until the early 1930's. This particular note was issued for the Federal Reserve Bank of New York, which incidentally, was one of the largest banks to have notes printed. These notes were printed for hundreds of different banks in the US and Territories. They have signatures from bank officials as well as the Secretary of the Treasury and Treasurer of the U.S. Currently, these are very popular with collectors. From the scan, I would estimate that it grades Very Good to Fine, but it could be a little better if there is a significant amount of crispness left. Current wholesale value is only around $15-$20 because it is from a common bank, but it is a nice keeper. Remember to store it in a place where it won't get wrinkled and out of direct sunlight.

Hope this helps,

-Professor Quarters

Q: I have a question, if you don't mind. I obtained a Hawaii overprint and noticed the paper seemed darker than "standard" bills. I thought it might have "aged," but when I got my second one (CU) it was darker also. They have almost a brownish tint. I was curious if I just happened to get two dark ones or if they are all like that and if so, why? Different paper? Maybe designed to withstand the tropics. Thanks, and I enjoy your web site.

George Chiasson

Silverdale, WA

A: Dear George-

I checked my reference books and could find no mention of the 1935A Hawaii overprint Silver certificate being printed on non-standard paper. This note had a brown seal and serial numbers instead of the normal blue. The BEP did run a test on 1935A series $1 silver certificates using 2 different types of paper. These were marked with a red "R" or "S" below the treasury seal and above the signature of Morgenthau, "R" being regular paper and "S" being special. This experiment was not part of the Hawaii or North Africa WWII overprint series.

A possible explanation is that the paper was exposed to sunlight or other environmental factors, causing it to oxidize. I have seen a number of series 1928 and 1934 notes with bright green ink. I have read that BEP green ink from that will react with the atmosphere and sunlight, and brighten due to chemical reactions. If the correct chemicals are present in the air, the blue pigment can even be removed leaving a yellow color where green should be. Having said all of this, I find it most curious that 2 notes that potentially came from different sources showed the same coloration. Sorry I could not be of further assistance.

Hope this helps,

-Professor Quarters

Q: Hi; just wondering if you could tell me anything about a dollar bill that I have. The year is 1935E, and the top has silver certificate across it. One more question: today at work I found this penny, not really that old- 1958 wheat penny, but it is in very good shape. By looking at it, you would think it was a year 2000 penny. Any reason why this penny seems like a new one?

-Tammy

A: Dear Tammy-

I checked my reference books and could find no mention of the 1935A Hawaii overprint Silver certificate being printed on non-standard paper. This note had a brown seal and serial numbers instead of the normal blue. The BEP did run a test on 1935A series $1 silver certificates using 2 different types of paper. These were marked with a red "R" or "S" below the treasury seal and above the signature of Morgenthau, "R" being regular paper and "S" being special. This experiment was not part of the Hawaii or North Africa WWII overprint series.

You have a silver certificate. At one time, these could be redeemed for a silver dollar or $1 worth of silver, but the US Treasury Department ended this in 1968. Your note carries the signatures of Priest and Humphey, and was issued sometime between 1953 and 1957. A total of 5.13 BILLION 1935E $1 silver certificates were printed. Due to large number of notes printed, the note only carries a minimum premium above face value. The current Dealer Wholesale Price is $1.35 in average condition to $3.25 in crisp new condition.

Over 250 million 1958 cents were minted in Philadelphia with another 800 million minted in Denver (look for the "D" mintmark under the date). Although it is extremely unusual to find a nice uncirculated example in change after 42 years, it is only worth around fifteen cents. But that doesn't mean you should spend it! Possible explanations on why it is circulation in that condition range from sitting in a drawer for years, to robbery (sometimes robbers will spread coins that are not very valuable), to someone deciding it wasn't worth keeping since the value is relatively low.

Hope this helps,

-Professor Quarters

Q: I have recently acquired some very old bills. What can you tell me about
the following:
Thanks,

Bob

A: YOU DON'T LIST A CONDITION, SO I WILL ASSUME THAT THEY ARE VERY GOOD. A VG NOTE IS FAIRLY WORN, NO CRISPNESS LEFT, AND CAN HAVE HEAVY FOLDS. CAN HAVE 1 OR 2 VERY SMALL TEARS ALONG WITH SOME MINOR STAINS. A NOTE GRADING FIE WILL STILL HAVE NO CRISPNESS, BUT DOESN'T HAVE THE STAINS, RIPS, OR REALLY HEAVY FOLDING.

PRICES ARE FROM THE CURRENCY DEALER NEWSLETTER (AKA GREENSHEET), WHICH IS THE WHOLESALE PRICE DEALERS WILL USUALLY OFFER TO PAY FOR A NOTE. REMEMBER THAT THEY WILL CHARGE MORE WHEN THEY SELL THEM. MAYBE GEE CAN PROVIDE THE RETAIL PRICES FROM HIS GUIDEBOOK, AS MINE IS A FEW YEARS OLD.

 

$1 Silver certificate, Series 1923. I have 2 of these.

THIS LARGE SIZE NOTE COMES WITH 3 SIGNATURE COMBOS, SPEELMAN/WHITE, WOODS/WHITE AND WOODS/TATE, WHICH IS THE RAREST. THESE ARE CURRENTLY VERY COLLECTABLE. WHOLESALE DEALER PRICE IS $23-$25 IN VG AND $24-$26 IN FINE. I ESTIMATE THAT THE WOODS/TATE SIG. COMBO IS WORTH 1.5X-2X THESE PRICES

 

$5 National currency, Series 1902, Printed on it :The National Bank of
Commerce in St. Louis will pay to the bearer on Demand $5. It then has the
Date Dec. 11, 1909. The picture is Ben Harrison

ANOTHER HIGHLY COLLECTABLE NOTE. NATIONAL BANKS WERE CHARTERED BY CONGRESS DURING THE CIVIL WAR AND WERE ALLOWED TO ISSUE NOTES (PRINTED BY THE BEP)WITH THE NAME OF THE INDIVIDUAL BANK. A BANK COULD ISSUE UP TO 90% OF THE VALUE OF US GOVERNMENT BONDS IN WHICH THE BANK DEPOSITED WITH THE GOVERNMENT IN WASHINGTON.

THERE ARE 2 TYPES, 2ND CHARTER WITH THE DATES 1902 AND 1908 ON THE BACK, AND 3RD CHARTER WITH NO DATES ON THE BACK. THERE ARE NUMEROUS SIGNATURE COMBOS. WHOLESALE PRICES IN VG -F ARE GENERALLY IN THE $27-$40 RANGE. MISSOURI IS NOT LISTED AS BEING A RARE STATE. THERE ARE A FEW SIG COMBOS WHICH SHOULD COMMAND A PREMIUM; CHARTER 2 TEEHEE/BURKE ESTIMATE 2X PRICE INCREASE; NAPIER/THOMPSON EST. 1.25X-1.5X. CHARTER 3 NAPIER/THOMPSON 1.5X, JONES/WOODS EST. 10X (THIS IS RARE)

I BELIEVE THESE WHOLESALE PRICES ARE LOW AND ONE COULD GET SIGNIFICANTLY HIGHER OFFERS FROM SOME OF THE DEALERS SPECIALIZING IN NATIONAL BANK NOTES.

 

$20 Reserve note Series 1934 I have 3 of these.

EVEN THOUGH THEY ARE OLD, THEY ARE COMMON. GREENSHEET GIVES A PRICE OF ONLY $22 IN ALMOST UNCIRCULATED (MOSTLY CRISP). NO PRICES ARE GIVEN FOR LOWER GRADES

 

$20 Reserve note Series 1934 A (1)

SAME AS PREVIOUS

 

$10 Reserve Note, Series 1934, with Hawaii marked in large letters on the
back and twice vertically on the front. (1)

THIS IS A COLLECTABLE NOTE. THESE WERE ISSUED DURING WWII FOR USE IN THE PACIFIC THEATER. THE IDEA WAS THAT THEY COULD EASILY BE DEMONITERIZED SHOULD A LARGE QUANTITY FALL INTO ENEMY HANDS. 10,424,000 WERE PRINTED. GREENSHEET VG = $14 AND F = $15. ONCE AGAIN, I BELIEVE THAT THESE ARE UNDERPRICED, ESPECIALLY IF THE NOTE IS IN NICE SHAPE.

 

$5 United States Note, Series 1928 B (1)

$6 IN VG, $7.50 IN FINE.

Hope this helps,

-Professor Quarters