Grading The Federal Reserve Seal and the Federal Reserve District Number — There are twelve different Federal Reserve Banks responsible for printing paper money in the United States. On the one dollar bill, the bank can be quickly identified by a letter code in the Federal Reserve Seal to the left of the [...]
Archive for the ‘US Paper Money’ Category
Decoding Our Bill part2
November 7th, 2011 
Rigo 
Posted in U.S. Banknotes, US Paper Money 
Tags: back plate, currency, federal reserve, grading, motto, notes, obverse, paper money, plate number, reverse, seal, serialnumber, treasury 
No Comments »How To Grade Paper Money part2
November 7th, 2011 Rigo Grades Perfect New 70 The “70″ grade is essentially a perfect note. The note will be entirely original, with broad, perfectly even margins on all four sides, sharp corners, bright colors, outstanding eye appeal, and literally perfect paper quality with no trace of even the smallest fault. Perhaps only the most modern notes will attain [...]
Posted in U.S. Banknotes, US Paper Money Tags: Grade, grading, grading paper money, how to grade, paper money No Comments »How To Grade Paper Money part1
November 6th, 2011 Rigo Grading paper money is a subjective art — It is mix of technical and asthetics, and the final assessment is an individual’s own opinion. Some of the many grades commonly seen are presented below. Professional third-party grading services use a slightly modified version of the Seldon Scale developed by Dr. William Sheldon in 1949 — [...]
The Mystery Of The Error Dollar part2
November 5th, 2011 Rigo HA! I found it kids. It is a FAKE error. After looking at the bill zoomed in, I noticed a light fold line and the dots connected perfectly. As my “suspicions” indicated, the bill was (somehow) bled and folded to acquire the fake, extra federal reserve seal. Whom ever did this did a pretty good [...]
Posted in Error Notes, US Paper Money Tags: bill, counterfeit, Error, error note, fake, part 1, part 2 No Comments »The Mystery Of The Error Dollar part1
November 5th, 2011 Rigo I have had this 2003 federal reserve note since the day I got it from a Bank back in 2008. So there are a lot of questions that come to mind when researching and trying to study this specific bill. First of, let me say that I have (to this date) mixed feelings towards it’s [...]
Posted in Error Notes, US Paper Money Tags: double seal, Error, error note, error seal, ink smear, paper money, unique No Comments »