Thanks brother. I'm super excited I was able to add it to the collection. It's pretty astonishing that the Treasury Department took as long as they did printing it as a Federal Reserve Note. As I'm relooking ar the video. The quality of that note is exquisite...
@legaltender1980 in regards as to why not sooner; during the overlap years between the Treasury and The Fed, they had a basic understanding that the Treasury would handle the small stuff alone with $1s and $2s, both would handle $5s and $10s, and the Fed would handle $20+.
Unfortunately no real particular article to direct you to. This is just based on what was actually produced for circulation by type of denominations and currency type. Although, I have forgotten about Gold Certificates which were issued by the Treasury, and those were also $5 to $10,000 like FRNs, and a non circulation $100,000. Ultimately, during the overlap years (when both the Federal Reserve and Treasury Department issued currency, all printed by the BEP), they did have to work more with each other and not against, to put out what was needed for each type. This is a rabbit hole that I started going into, and I am looking for as many sources as possible about how they could coexist while they did. Just letting you know that I am not just making it up, but do know that neither entity was allowed to issue any currency without following some guidelines, i.e., Legal Tender Notes has to fulfill the law that was on the books about having a certain amount in circulation until they got it changed after the 1966 $100.
@collectingonthecheap56353 copy all. If you think about what you stated. It actually makes sense from a rational and interagency standpoint. Kinda like a joint venture. One Department has to be aligned with the other to avoid fraction points in distribution or just overall execution. Thanks for the insight and your input brother...
Nice first year, $1 FRN! The greater the condition, the better they look. I just had to purchase a 1963* when I saw one in that shape mixed in with some silver certificates.
I called it a transition note because if you look at the signatures, they are the same signatures on the last silver certificate series 1957 B before the went to the first FED Note. How you been sir, do you have any IKE Dollars?
Hey Oxtails1 thank you for your continued support of the channel. I never thought to examine the signatures from the different currency types. I can see why you would title this note (transitional) that. I'm going to look at my signatures a lot closer now. Naw. No Ike Dollars. I was checking out some quotes, but nothing as of yet...
Nice one.I got a crisp 63' Barr note in change once.It's rarer because Barr was Secretary of the Treasury for a very short time.your's is high grade.I have a 76' $2 star note like that.
Beautiful note. Hard to believe it's 60 years old
Thank you for supporting the channel. Yeah this note is in immaculate condition. I'm super happy that I have it in the collection...
Oh yeah that would grade very high. EPQ for sure. Nice addition to your collection.
Thanks brother. I'm super excited I was able to add it to the collection.
It's pretty astonishing that the Treasury Department took as long as they did printing it as a Federal Reserve Note.
As I'm relooking ar the video. The quality of that note is exquisite...
@legaltender1980 in regards as to why not sooner; during the overlap years between the Treasury and The Fed, they had a basic understanding that the Treasury would handle the small stuff alone with $1s and $2s, both would handle $5s and $10s, and the Fed would handle $20+.
@collectingonthecheap56353 that's interesting. I would love to read up on this subject a bit. Can you recommend a reference source...
Unfortunately no real particular article to direct you to. This is just based on what was actually produced for circulation by type of denominations and currency type. Although, I have forgotten about Gold Certificates which were issued by the Treasury, and those were also $5 to $10,000 like FRNs, and a non circulation $100,000. Ultimately, during the overlap years (when both the Federal Reserve and Treasury Department issued currency, all printed by the BEP), they did have to work more with each other and not against, to put out what was needed for each type. This is a rabbit hole that I started going into, and I am looking for as many sources as possible about how they could coexist while they did. Just letting you know that I am not just making it up, but do know that neither entity was allowed to issue any currency without following some guidelines, i.e., Legal Tender Notes has to fulfill the law that was on the books about having a certain amount in circulation until they got it changed after the 1966 $100.
@collectingonthecheap56353 copy all. If you think about what you stated. It actually makes sense from a rational and interagency standpoint. Kinda like a joint venture. One Department has to be aligned with the other to avoid fraction points in distribution or just overall execution. Thanks for the insight and your input brother...
Nice first year, $1 FRN! The greater the condition, the better they look. I just had to purchase a 1963* when I saw one in that shape mixed in with some silver certificates.
Sounds like a great purchase.
Thanks for your continued support of the channel...
I called it a transition note because if you look at the signatures, they are the same signatures on the last silver certificate series 1957 B before the went to the first FED Note. How you been sir, do you have any IKE Dollars?
Hey Oxtails1 thank you for your continued support of the channel.
I never thought to examine the signatures from the different currency types. I can see why you would title this note (transitional) that. I'm going to look at my signatures a lot closer now.
Naw. No Ike Dollars. I was checking out some quotes, but nothing as of yet...
Nice one.I got a crisp 63' Barr note in change once.It's rarer because Barr was Secretary of the Treasury for a very short time.your's is high grade.I have a 76' $2 star note like that.
@jaymartell2967 both great notes to have.
Thank you for watching and supporting the channel. Keep it Legal. Keep it Tender...