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U.S. National Bank Notes or U.S. Federal Reserve Bank Notes? The difference between 1929 series National Bank Notes and Federal Reserve Bank Notes is rather subtle, as each is called "National Currency" above the portrait and each bears a brown Treasury seal, but they can easily be distinguished by the bank name to the left of the portrait. If it is from a bank entitled "The Federal Reserve Bank of�" and is from one of the 12 District Federal Reserve Banks, it is a Federal Reserve Bank Note. National Bank Notes are from other banks with titles such as "The First National Bank of�" or the "National Bank of�" or the "National Trust and Savings Bank of�" or other such titles.
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Typically, collectors will use an adequate reference book to find the note they want. Then, they look through the many price lists they might have to find a dealer who offers the same note in an acceptable condition for an acceptable price. Lots of dealers put parts of their price lists in Bank Note Reporter ads. The collector then either calls or faxes the dealer with a credit card number or send a check in the mail.
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In 1955 U.S. Congress expanded the earlier law that stated that the motto "In God We Trust" could be placed on all U.S. coinage to one that required the motto to be placed on all coins and paper money. However, "In God We Trust" did not actually appear on U.S. paper money until after 1957. Since paper money is not dated yearly, but by series numbers that are based on changes in style and design, Series 1935G and 1935H Silver Certificates bear the motto because they were produced after 1957.
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Amazing Braided Hair Large Cent Error Discovered

Sun, 15 Jun 2008 12:14:57 +0000
An amazing Braided Hair large cent struck on a half cent planchet will be making its first public auction appearance at Heritage’s 2008 Baltimore ANA Signature® Auction. The coin has been consigned by a very private Northwest family whose members were unaware of its rarity or significance. The newly discovered rarity will be sold July ...]

Doug Winter Market Report - How’s Business?

Thu, 09 Oct 2008 08:31:40 +0000
Coin dealers are lousy economists so I don’t want to waste your time discussing the economic background of the last few days. What I would like to share with you is my take on how it’s impacted my business and what I see are the short term effects of the credit crunch, liquidity crisis, Dow ...]

Gold Declines Below $800 an Ounce as Rising Dollar Cuts Appeal

Thu, 11 Sep 2008 11:58:54 +0000
Gold fell below $800 an ounce and silver slumped to the lowest in more than a year as the U.S. government’s seizure of mortgage lenders Fannie Mae and Freddie Mac boosted the value of the dollar and reduced the appeal of bullion as an alternative asset.The U.S. currency traded near the highest level since October ...]


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Collectors And Coin Dealers Article Of The Week

Paper Money & Coin Collecting News

Once the national bank system was established, privately issued bank money was declared to be illegal. Ever since US government money was issued it has retained monetary value. However, it is not the same case with the obsolete old bills from closed banks and this is the prime reason why these banknotes are worth finding. Actually private banknotes from the 1800s have remained an interesting item for collectors throughout the centuries.
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Be especially careful not to push dirt around a coin's surface. Coins are generally made of soft metals, so anything harder than them (like small rocks) will leave scratches that can destroy the coin's value.
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Coin collecting today is still a hobby that many people enjoy. One of the most precious and most expensive collections that anyone can ever have are those of gold coins. The most expensive gold coin ever bought was worth around eight million dollars. This was the American 1933 Gold Eagle. This is why the collecting of gold coins deserves to be called the hobby of kings.
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Gold accounts can be started with major banks. Typically those speculating in gold usually resort to this sort of account with commodity brokers or private bankers.
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Old U.S. Federal Reserve Notes, 1928, 1934, 1950, 1963, etc. Most circulated Federal Reserve Notes from more modern series are worth no more than face value. Some of the early series notes (1928 and 1934) do carry a small premium, although for circulated notes this premium is small, usually 10% to 30%. Premiums are higher as a percentage of face value for lower denomination notes, such as $5 and $10 bills, as opposed to the higher denomination $20s, $50s, and $100s. Uncirculated notes and Star Notes of some of the earlier series do carry a large collector premium in some cases, and we highly recommend the standard reference book in this field, the Standard Guide to Small Size U.S. Paper Money (1928 to date), by Dean Oakes and John Schwartz, for more information.
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Your Latest 2008 silver dollars News

Stacks’ Star-Studded 73rd Anniversary Sale October 22nd

Fri, 03 Oct 2008 20:30:44 +0000
On October 22, 2008, Stack’s will proudly celebrate its 73rd anniversary in true Stack’s fashion-by offering an absolutely stunning array of U.S. coin rarities for public auction. From colonial coins to double eagles, the 73rd Anniversary sale presents unbeatable rarities at every twist and turn from start to finish.
Of particular note is an extraordinary museum-quality ...]

Search Ads: Chilly Economy's Silver Lining? - ECommerce-Guide

Fri, 10 Oct 2008 17:48:07 GMT

Search Ads: Chilly Economy's Silver Lining? ECommerce-Guide, United States - 2 hours ago "Our expectation is that we will have incremental dollars come into the channel over the quarter." Hershberg and Lagnado said that industries that have ...

Coin Trivia for 22 Jul 2008

1. Which direction is the eagle flying on a Standing Liberty Quarter?

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