U.S. Large Size Notes We Recommend For All Price Points.
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- Опубліковано 18 лют 2024
- The fifth Roundtable answers this question: What large size notes would you recommend to a new paper money collector? There’s not an easy answer because price always comes into play. To account for multiple budgets we all of the notes can be purchased in a low, medium and high range. Low $100-$300, Medium $300-$700 and High over $700. These are notes that we all feel that every collector should have in their collection no matter the price or condition. They are all classic large size notes that come with a story.
Currency Roundtable Panelist: Dustin Witty, Ontario 100, Stuplubak Currency & Polar Currency.
/ @stuplubakcurrency
/ @dustinwitty
/ @ontario100
Is it called Paper Currency or Paper Money? Because it’s not paper at all. But I am a Paper Money Collector and like Paper Money Collecting as a Hobby. The Hobby is called Numismatics and if you collect you are a Numismatist. I also love History and work for a historical society and love collecting a Dollar or Dollars specifically the U.S. Dollar or is it the US Dollar? I have recently started collecting Obsolete Bank Notes or Obsolete Banknotes? Is Banknote one or two words. Today’s currency is made by the Bureau of Engraving and Printing (BEP) and issued by the Federal Reserve Bank which issues Federal Reserve Notes that have a green seal and green serial numbers. At one point in time they issued large size banknotes called Federal Reserve Bank Notes. The Treasury Department used to issue Treasury Notes, Gold Certificates, Silver Certificates, and Legal Tender Notes, United States Notes and National Bank Notes. There were two sizes of U.S. currency. They were the Small Size Banknote, Small Size Bank note and the Large Size Banknote, Large Size Banknote. Before 1996 they were called Small Head Banknotes, Small Head Bank Note and after that they were called Monochrome Bank Note, Monochrome Banknotes. - Розваги
When non currency collectors walk up to my table at a show and want to buy a large size example the most common note they choose is a "Black Eagle", I try and keep a nice selection of VG-F Black Eagles at a price point of $100 to $150, I sell maybe 2 or 3 a show to non currency collectors.
It is a spectacular note in almost any condition, however, the better condition really pops. I sometimes bring items of my collection to work, and the Black Eagle really got the most appreciation so far.
I can certainly understand from the Banknote to the price of the Black Eagle - it is a classic! Good inside information Doug - would love to hear more from your point of view. Thanks for the comment and support.
Love this series and each one you bring something different to the roundtable. Love the bantering and great currency information. Keep it up guys!!!
Thanks Scott - as long as you folks want the punishment!
To answer your question I would like to see this type of video again either large note or small note or BOTH! Great video Dan, Stu, Dustin and Ontario! Thank you 😎🤙🏼
Thanks for the feedback Dean - there's probably about 14 more of these types of videos!
Great talk, as always!! Love this series of your 4!!! Best regards!!!
Thank YOU! Appreciate your support.
Woohoo! I’ve been waiting 😎🤙🏼
Very patiently I might add. Thanks Dean!
Thanks guys, enjoy this platform
Thanks for watching and the comment - appreciate that!
You guys make me smile! Love the content!
That makes me smile. It's fun to do and I'm very lucky to be a part of it.
We enjoy making these and I think it shows. Thanks!!
Love the round table! More please!!
OK! Only because you said please! Thanks for the comment!
Great video! Yes! Definitely do this again! I loved it! Blessings always gentlemen! ❤️✝️😊
Thank you Betty - looks like the votes have it! Thanks so much for your support!
@@PolarCurrency You’re welcome! I’m a fan of this channel and a big fan & subscriber of Steve’s! ❤️✝️😊
This was flawless. Fun, expert insights. Enjoyed every second.
Thanks for the kind words - I'm no expert just a collector here! Glad you enjoyed.
I only have 9 large size currency banknotes in my collection
1922 $10 and $20 gold certificate
1917 $1.00 legal tender note ( saw horse )
1907 wood chopper Note
1899 $5.00 chief silver certificate
(4) National banknotes from different little towns in the state of Pennsylvania.
$100.00 dated back note, 1902 - 1908 from Butler, PA ( my home town ). Sidebar : my hometown note cost me way more than $100.00 dollars. Close to $1,000 dollars ( locally ).Thank goodness for layaway.
$20.00 - Pottsville
$20.00 - Du Bois
$10.00 - Grove City
I just enjoyed seeing all of these large size banknotes that all of you fine gentlemen have in your currency collections..
Fantastic group of notes! Thanks for watching and commenting !
That is the greatest "only" nine notes - those are massive and those Nationals are the best! Go Butler, PA!
Sweet! Watching it as it airs!
Timothy! You rock - watching along right with you!
That’s Champion Stu by the way!
100% correct! I mean how many people know someone - even via the internet - that have won a Las Vegas Poker Tournament? Champion STU!
Thanks guys. I have been a poker player LONG before I ever bought a note. Very proud of my wins!
Honestly don't really feel like there would have been a preference for any type of note at the time, as both gold and silver were both circulating, and the notes could be traded in for the metals, although the silver certificate would be indirectly as one could only trade the note for silver, but then the silver could be traded for the equivalent value in gold.
Agree - You could still get gold with a FRN or a LTN. They traded on par. But - if you had your choice?
@@PolarCurrency If I was around at the time, I would have gone for the ones that looked the best, and that would either be the Silver Certificates, or the FRNs.
You guys Definitely mentioned some of the notes that are on my next 2 years list of purchases. Yes, definitely absolutely want more.
Appreciate the feedback and a great list to work on and there are about 5-6 notes we still have to go over!
Loved this video. Thank you!
Thank you and appreciate you 'stopping by'
Really fun and informative. Thank you
Thank you - it really is fun. I almost feel guilty!
Dan I agree. I love finding NBN from my hometown
RNR - that video of yours is one of my favorite "currency" videos. So cool that you have that note!
This was really fun! Great job Dan!
Thanks to you Stu! And congrats again on the big win. That is impressive!
Such a great episode this week! I shamelessly listened to it twice already lol I do think you guys should continue with the rest of the notes on your guys list for the next episode! The amount of detail and knowledge you all give on the notes is impressive. Would enjoy to hear the rest of the list! Good job on this episode fellas
Thanks Yuckles! Great feedback that's what we need to know good or bad. Appreciate the support and for your own good don't watch a third time!
1899 $1 silver is an iconic note that meets all the criteria. It’s an excellent entry level note for anyone. Great stuff guys as always. Hoping to join the next one!
Thanks Surfer! And yes the 1899 is a perfect recommendation. And yes to next time! Will touch base we have some dates.
Woohoo! Catching up on my videos after a week away and am glad another of these table talks came out.
Hope you had a good time and glad to be waiting here for you. Thanks Emanuel!
Woodchopper note is the one everyone must have! So many to choose from. Great panel and great picks! Well done. 👍
It is a classic - along with the Public Error. Thanks 4Kollector!
Got one. 1907 FR 91 PMG 53 EPQ. Absolutely beautiful. Well centered with six digit serial Number. Go get yourself one today!
Awesome talk!
Thanks!
Great Educational learning video for beginners wanting to collect notes. The information given by you guys are on point. Im a collector myself , been doing it for many years. Keep up the great work. looking forward to see more videos.
Thanks for the kind words - great to hear from a long time collector.
The black eagle was my first large note. To your question yes another video on this subject would be great
GREAT first note! And thanks for the answer will continue on with some more of these.
These roundtables are awesome. Keep up the good work!
Appreciate that crypto guy! And your support!
Great job again guys,I enjoy these and I hope you continue this format.Obviously you just scratched the surface and its hard to get everything in an hour.Aside from rare higher end notes,such as gold nationals,interest bearing notes,higher denom notes,etc,this is perfect for the average collector.As far as the $2 bill,the first was in 1862, first Kentucky Derby wasn't 1875.Inintially people were given $2 bills for their votes,and deuce was a name given for the devil.I think the most affordable note is the 1923 $1 silver cert.Hope to see more.BTW,I have rags and coins😄Have a great day
One more thing to add, Samuel Chase was a founding father, signed the Declaration of Independence,associate Chief Justice and was impeached by the HOR in 1804.Salmon Chase sought Republican nomination in 1860 against Lincoln,served as Sec of Treasury during the Civil War,and Gov of Ohio
Thanks for the additional history! You know I like that! Thanks for the feedback on the format of this video - throw out some notes and talk about them! Fun.
@@PolarCurrency 👍 Did you ever check out some people's conspiracy with Stanton and the Lincoln assassination,and his association with southern Freemasons? interesting stuff
🤯 phenomenal video Dan!
From a fabulous Pastor!
Loved this video! Please make more!
Thanks and I’m trying! Appreciate the support!
We recorded one yesterday. Probably coming out one day next week.
Ontario is correct!
Starting at 30:55, I was waiting what seemed ages for a correction on *Salmon* P. Chase's name! Well done, Dan (though it ought not to have been misspoken at all - since all four of you talk often of the wonderful history to be learned from collecting).
My bad there.
Yeah! I know! I even stepped into the Samuel thing! REALLY appreciate that you paid attention and were watching. Thanks!
I absolutely loved this format. You showed a good variety of large notes. I only have one large note in my collection. I mostly collect small notes, so it was good to see what other kinds of notes I can add to my collection.
As always, I can't wait to see the next episode of this series.
Thanks Gina for the support and comment. You only have to have one!
yes please , please continue. I love to to go to the big shows like Long Beach show
Alright great feedback. Thanks for the support and the big shows are fun.
This is probably the boring answer, but I love the 1923 $1 "horseblanket" silver certificate. The horseblanket looks shockingly like the modern $1 except for the size. They're pretty affordable even in high grades. I think they're a great introduction to the hobby.
No way! That was the first large size I ever purchased. In my opinion it is a classic because it was the predecessor to the modern $1. I still have that note! I'm pretty sure we all had it on our list we just didn't get to it because of time. Thanks for the comment.
At 21:29 Dan suggests putting your hometown National on the bucket list. Oh yeah people, that is absolutely what I did starting years ago. My home town is Orange, California. The First National Bank of Orange CA is Charter number 8181. I own a small size 5 and a large size ten. The bank building still exists today as a Wells Fargo branch at the corner of Chapman and Glassell. I walked those two notes into the bank and asked for the bank manager. I showed them to him. I told him ninety and a hundred years ago these very notes emitted from this building. He had heard of the Frist National Bank of Orange but had never seen one of these notes. Suffice to say I blew his mind. But wait, there's more. I actually lived near the site of the First National Bank of Olive CA Charter 10891. The building is no longer there but the site (now an apartment complex) was a five minute walk from my elementary school in Olive. According to track and price, there are only 9 smalls and five larges. I got me one of those, too. So yeah, get your hometown note for sure.
That is fantastic - and why collecting currency and Nationals is so cool. The history that still lives today - even by walking by an apartment building. I am jealous of folks that do have a 'hometown' National Bank. Mine did but it never issued currency. Rumor is that it was going to and then went under! Special thanks to this comment. Thank you.
@@PolarCurrency Actually, to tell the absolute truth, I have FIVE of the small size 5 dollar bills and FIVE of the large size bills (tens and twenties) from Orange 8181! Sorry, but I am OCD about this bank! Perhaps even a bit greedy! And that note from Olive 10891, it is the only known $20 Large from that bank. It's an ex Charlie Clover Collection note from the 1999 sale of his collection. I couldn't resist cause I grew up next to the site. Bought it at a Heritage Auction back in 2018. It is the only note I own that is one of one, as far as what is known on the census. That is my trophy note and I will never sell it. You can find a hundred year old photo of the bank by Google it. Nationals rule!
Fantastic Story! Thanks for sharing.
Another great video. I'd be happy with more videos, whatever the style you put them in.
I wonder about that large percentage of viewers that didn't buy from. EBay, and they may be collectors, but at a lower level, perhaps just checking some notes from circulation, perhaps strap searching from a bank, etc.
I'm almost ashamed to say, but I don't have all the notes you showed. I still need some of those earlier issued notes. I blame my world-wide banknote appetite!
Thanks again for the time and effort you guys put I to these videos.
Thanks - coming form you that means a lot. Interesting with the eBay angle - just can't figure it out. Never be ashamed! And world bank notes are a great place to feed the appetite - seriously. We're doing our best to once a month right now - hard to herd us cats together. We all enjoy it and I'm pretty sure we still would if nobody watched! But certainly appreciate the views, comments and support. I may be stealing a few ideas from your website...banknoteden.com - but will ask before I get too deep.
Yes, please do more videos like this. This was very interesting and full of great information. Thank you for doing this.
OK - we're on it. I liked it just to talk about different notes - you don't get to do that too often with other collectors.
The 1922 $10 Gold & the 1899 $2 SC are my favorite notes.
They are just stunning and what's great is they both are affordable and still look really good in lower grades!
Beautiful choices!
I hope you keep doing this. I enjoy watching this.
We are planning to keep them going! Thanks for the comment and support.
Have you all read Lucious Chittenden's New Money of Lincoln's Administration? It is awesome, his own words descibing fractional currency, Green Backs, and the struggles of the time.
Very cool read the first few pages and downloaded .pdf. Here is link if anyone cares to read the 1890 Harper's Ferry article.
archive.harpers.org/1890/10/pdf/HarpersMagazine-1890-10-0036347.pdf?Expires=1720757414&Signature=EsCAFfPBlH~ptBX7iC3q0ptQ7MbWMZ-Fefs1pM6hdeqGxK-pg2D2lZE9RAWyABbrcvRK2G3T61e64a8d5Afa1MZ3ym7J0xigaENTkHxxF5xy9jn4CTsViKsejoG4fzpKbImpieuCn-oau~j37hWgTgOq3e8ZYvXHDfYz4Dn7z~Gh8V8AJz85MelNNwwS2O3r9~maWc~kVE3JHSpCdXI9oKTEDvSwuH4q9~oYR2wnCWQE9GmiEdNBF0BHYRMt03HPbR3E5zaK3zxBN0cW~bz2yOuiMZZTPJZ1-Lr-ws8fVt80cKiGJiOzGx4wy6zN1Sxmg9aL1ybNQcHEajjq5j3FKg__&Key-Pair-Id=APKAIQD6QYTWPWWYIORQ
Hello Gentlemen,
Great round table # 5. Thanks Dan for putting it all together with all your fine guests. Always learning something new about currency from the group.
All the notes you mentioned were awesome. I do have several of the ones you mentioned. And looking for more in the near future. Thanks again for sharing your knowledge. All take care, Stay well, and be safe my friends.
Till next time.
Bill😎👍
Thanks Bill - kind words and we appreciate that as a panel.
@@PolarCurrency you’re most welcome Dan. You guys are the best.👏👍😎
Good job again
Thanks Mark - Anything you would like to see?
all cerrency I think use 'cerrency plates' , and there were a lot of them in the1800's. And they were hand made and had to be made as a mirror-image.(I have a couple). Like to see that talked about some in one of the viteos.
As a civil war guy…Stanton is on my list…
YES! He is the man - and the greatest beard on currency.
New subscriber here. Love the content, please keep them coming 🫡
Thank you and welcome to the Roundtable! We plan to - #6 coming very soon!
Thank you for watching!
Do another video!
OK! Will do it! Thanks for the feedback.
Great video! Just out of curiosity, do you know how many avid currency collectors there are in the US? I’ve always wondered if it’s 50k, 100k, 1 million, etc 🤷♂️
Daniel - that is one hell of a good question that not even the Numismatic News could give an answer for COIN collectors...(here is that link www.numismaticnews.net/collecting-101/precise-number-of-coin-collectors-unknown) But I have heard a guesstimate of 3 million COIN collectors. Why I am giving you coin collector information - because there is zero on paper currency. Which is treated like the red headed step child of Numismatics, specifically the ANA - which is pure horseshit when it comes to supporting paper currency collectors. Anecdotally - there is a massive gap between coin and currency collectors and my guess is at least 50 to 1 - a t best. If you look at eBay the one category of "Coins: US" has over 1.6 million listings. (That does not include Bullion) Under Paper Money: US - at total of 255,000 for all types of US currency listings. That's 85% less currency than coins. The UA-cam currency channels that I communicate with all scratch our heads wondering where are the currency collectors. Based on what the coin channels have for views and subscribers add up all the 'good' currency UA-cam channels subscribers and we don't even get to 20% of CoinHelpU. Not complaining just explaining. I do what I do because I love paper currency. But at the end of the day nobody really knows. Sorry for the very, very long answer - but you got me on a rant. Thanks for the comment, question and support.
Thank you very much for all the detail! I’ve been to some major coin shows and always gravitate towards the paper money. It sounds like we’re a rare breed, but I love all the history/depictions associated with paper money.
@@danielwallace6602 Just to echo what Dan said, I also consider how really rare notes can still be had for reasonable prices. A lot of currency is rare, yet prices are relatively low. For example, A large 1923 $1 Silver Certificate is a very common note. Most currency and even many coin collectors own at least one. There are less than 30,000 of those notes believed to exist today. Now, think of any coin with less than 30,000 in existence that also has high demand and compare the prices. The coin would be in the high hundreds if not in the thousands of dollars each, but this note can still be had for under $100. So, that tells me there is not the level of demand in currency as it is in coins. No where near the same level. Currency collecting is just not as popular as coin collecting. Can't put this into a number, but you see my point.
That is pretty crazy! The relative rarity is why I think currency is not only a great hobby but a great investment as well.
If you want more people to appreciate paper notes, then you might want to think twice about INSULTING people that aren't already in the hobby. Especially when you're trying to get people to warm up to the wild notion of paying an exponential (almost infinite) premium on items with ZERO tangible value. The more people interested in notes, the more valuable they all become. So it's incredibly short sighted of y'all to try to push people away who might be interested.
Can you be more specific to the insult and your words "paying an exponential (almost infinite) premium on items with ZERO tangible value"? Because, in my opinion, pushing people away from currency collecting is the exact opposite of what we are trying to do.
@ontario100 sent me 🤘😎🤘 great stuff fellas!
Great stuff yourself!
@@PolarCurrency thank you kindly!
Glad you made it! Welcome.