Having decided to branch out into paper currency, has open up a whole new world for me. There is a lot of studying and research to do before buying anything. Lucky I love research and the knowledge it brings. It also is giving me a new look at history. This is the second note I took a chance on my new found knowledge and bid on and won a raw note! So far I have done pretty well on both. This is a Large Size,. Series of 1899 One Dollar Silver Certificate. Commonly called a horse blanket due to it's size. This particular design is called the Black Eagle Note. Official name of vignette is Eagle of the Capitol. A vignette is an ornamental element of a bank note. This particular note is a Fr#233. The Fr stands for Arthur L. and Ira S. Friedberg. He is the Breen of paper money. Each type of currency has a different number due to changes on it. In this case the number 233 denotes the two signatures on it. They are, here, Tehee and Burke. The Friedberg number can make a huge difference in price on the same style note. This note came back from PMG, the paper money arm of NGC, as a 30 Very Fine EPQ. The EPQ stands for Exceptional Paper Quality. The 30 means the note will be lightly circulated and may have light soiling. There will typically be seven to ten folds. I won this note at auction and paid a modest price for it. Even taking in the cost of grading, I did alright. I'm having a ton of fun with this new interest in Numismatics. I recommend that you take a look at it. Most people collect either coins or paper money, not both. I say try it all! Thanks for looking and I look forward to your comments!
The ANA Bebee Collection comprises 904 pieces and is widely ranked among the most comprehensive and important collections of US paper money. It was donated to the ANA Edward C. Rochette Money Museum in 1987 by Aubrey and Adeline Bebee, two prominent collectors and ANA benefactors. In addition to their extraordinary paper money collection, the Bebees also donated a 1913 Liberty Head Nickel and an 1804 Dollar to the ANA.
Paper Money Guaranty (PMG) has graded 1 million notes, an industry milestone, the company said Friday, Jan. 30:http://www.coinnews.net/2015/02/02/paper-money-guaranty-grades-1-million-notes/
Paper Money GuarantyÂ® (PMGÂ®) will begin to designate notes that exhibit exceptional eye appeal with a Star at the June 12-15 Memphis International Paper Money Show. PMG graders will conduct on-site grading at the show and all notes submitted will be eligible for the PMG Star Designation.The popular Star Designation was pioneered by Numismatic Guaranty Corporation (NGC), an affiliate of PMG, in 2000 to recognize superior eye appeal on coins. It has since become the industry's most widely accepted indicator of exceptional eye appeal.
Written by: Janell Armstrong
PMG to Grade and Encapsulate ANA Bebee Collection of Paper Money Project Enables ANA to Showcase Collection at Boston Convention