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  Forum: Banknotes - Evaluation of Banknotes
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  Evaluation of Banknotes     Mon 13th Nov 2006 20:26:17

Jdemers





Hi!, my name is Jean and i need to have an evaluation of a banknote:

The United States Of America
One Million Dollars

Silver Coin Certificate Of 1923

Serial A 00000301 B 00000400 B

Face Value : One Million

Can you direct me to the proper chanel.
Thank You,
J Demers
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  Evaluation of Banknotes (USA Million dollars).     Tue 14th Nov 2006 01:57:14

Plantagetnoble

[99% (173x)]
(Closed accountClub+ member: Bronze 

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In response to Jdemers :
Hi!, my name is Jean and i need to have an evaluation of a banknote:

The United States Of America
One Million Dollars

Silver Coin Certificate Of 1923

Serial A 00000301 B 00000400 B

Face Value : One Million

Can you direct me to the proper chanel.
Thank You,
J Demers

The "proper channel" would be the Standard Catalog of World Paper Money, volume 2, published by Krause. I can't find this note in it.

The nearest thing is the silver certificates, which only go up as high as $10 . There were none as early as 1923. The 1933 $10 is indeed indicated as "Payable in silver coin", and it is worth between two thousand dollars and ten thousand dollars depending on condition. However, this is a $10 note, and the 1934 one is only worth between $10 and $45.

The next nearest thing is the gold certificates, which in 1934 only went up to 100, 000 dollars, and that is only a hundred thousand dollars, not a million dollars, and the word on them is GOLD. No value is given by the catalogue. It says: "Issued for internal use within the Federal Reserve System. None were issued for circulation." So you wouldn't get one of those very easily.

Where did you get it? Can we see a scan ? Does it have a picture of Mickey Mouse on it ?

IMPORTANT: I wouldn't advise you to throw it away until you have consulted an expert. It may be genuine and included in a more specialised catalogue, but I doubt it. Sorry.

You might sell it for a dollar or two if someone finds it attractive. Again, this would require a scan.

Plantag
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#0000110929
 
  Evaluation of Banknotes (USA Million dollars).     Sat 18th Nov 2006 03:21:22

Cajunsr1

[99% (517x)]
 Club+ member: Silver 

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In response to Plantagetnoble [99% (173x)] (Closed accountClub+ member: Bronze  :
The "proper channel" would be the Standard Catalog of World Paper Money, volume 2, published by Krause. I can't find this note in it.

The nearest thing is the silver certificates, which only go up as high as $10 . There were none as early as 1923. The 1933 $10 is indeed indicated as "Payable in silver coin", and it is worth between two thousand dollars and ten thousand dollars depending on condition. However, this is a $10 note, and the 1934 one is only worth between $10 and $45.

The next nearest thing is the gold certificates, which in 1934 only went up to 100, 000 dollars, and that is only a hundred thousand dollars, not a million dollars, and the word on them is GOLD. No value is given by the catalogue. It says: "Issued for internal use within the Federal Reserve System. None were issued for circulation." So you wouldn't get one of those very easily.

Where did you get it? Can we see a scan ? Does it have a picture of Mickey Mouse on it ?

IMPORTANT: I wouldn't advise you to throw it away until you have consulted an expert. It may be genuine and included in a more specialised catalogue, but I doubt it. Sorry.

You might sell it for a dollar or two if someone finds it attractive. Again, this would require a scan.

Plantag


hi PN,
sounds like a piece of funny money made up as a joke. i'm sure if an image is provided, it will prove me right. i have seen such items offered as novelties.
a bientot,
cajunsr.