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Large Size U. S. Type Notes
Large Size U.S. Type Notes are the most popular area of collecting currency today. The reason is simple: The design and artwork of these pieces of history is simply breathtaking. When one compares these engravings to the more mundane designs on today's paper money, it is easy to understand the appeal of these wonderful collectibles.
Reference is made throughout this section of the catalog to "Fr-xxx numbers". These numbers are called "Friedberg #s", and universally used throughout the world of paper money. This copyrighted system developed by Arthur L. and Ira S. Friedberg, authors of "Paper Money of the United States", published by the Coin & Currency Institute, Inc., P. O. Box 1057, Clifton, N.J. 07014, is the industry standard for identifying each different type of Large Size U.S. Type Note printed from series1862 to series1923. (The first Small Size U.S. Type note printed was the $1 1928 Legal Tender Note.) This Fr numbering systems starts with #1 and ends at #1225 for large size notes. It is strongly recommended that those who pursue these beautiful pieces of American history, purchase this guidebook. The book is available from Executive Currency for $35 postage paid.
Prices for Choice and Gem Uncirculated Large Size U.S. Type Notes have increased steadily throughout the last five decades and have accelerated significantly over the past five years. Listed below are prices taken from the Friedberg guidebook through 1998 and with today's prices taken from auctions as recently as September 2000, for Gem Uncirculated Notes. (Prices for Superb Gem Uncirculated pieces have always commanded significant premiums over prices illustrated below.)
Throughout the past two years, public auctions of high grade U. S. Large Size Type Notes, continue to realize new price records for exceptionally nice pieces. Collectors are realizing that "waiting for the next opportunity" often results in either significantly higher prices or not finding the desired note at any price for many months. There is a very limited supply of the highest grades for most Fr 's and with new collectors (with significant buying power) entering the field of paper money monthly, upward pressure on prices has continued unabated for several years. It is important to note however, that Executive Currency does NOT offer any guaranty that prices will continue to increase or that you will be able to sell your currency at a profit. All collectibles can and do move up and down in price over a period of years.