Note Collector Journal - SPHansen

Member Journal Entry:

Course Laid In, Captain

Posted: 7/14/2012 10:10:48 AM | Views:311

... or I think I know what I'm going to do!
Journal for the week of 07/08/2012 through 07/15/2012

One week into my currency adventure, and I have added two more notes to my collection, both $1 FRNs. I also have some raw notes on the way, which I will have graded... speaking of which...

I looked at the grading costs, and was amazed that they are much higher than for coins. My certificate arrived in the mail, and I value it even more now that I know it costs $40 for a single note. Wow! I appreciate the NGC Modern Tier ($14) much more. Can't imagine that more work goes into a note than a coin, so why the huge difference? I had hoped to get several notes done, but I'd rather spend the money on already graded notes. I know I have the the $25 Economy option, but 73 day turn around? I'm too impatient to wait, and too broke to pay for the faster options. Unless I want to add a specific note to my collection, I'll most likely not be using self-grading. I feel much better with my first note purchase ($10 67EPQ) for only $30.

Anyway, I decided to start with a few sets. I'll be putting together a general set, with $1 notes from any district, as well as a set with only New York, and another exclusively Dallas. These are the two places I have called home, so have some meaning to me. I'll also see what bargains I can dig up here and there. There is a coin and currency show next week here in Dallas, and there are usually bargains to be had.

I've also noticed that this registry is much less active than the coin registry... any particular reason for that?

This week's image is the $1 FRN Dallas note.. my second acquisition.

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