Decoding Our Bill part2 

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 […]

How To Grade Paper Money part2 

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 […]

How To Grade Paper Money part1 

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 part1 

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 […]