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May 18th, 2011

Battle of the Bank Notes 6: Florida Calls $1 1917 Legal Tender vs. Sergio Sanchez’s $1 1917 Legal Tender

One of the more ubiquitous large size notes to collect is the $1 Legal Tender Note. Unlike its $1 Federal Reserve Note cousin, however, the $1 Legal Tender Note comes in a number of different varieties, signature combinations, and seal colors. In fact, assembling a complete collection of $1 Legal Tender notes ranging from their initial issue in 1869 to 1923 in uncirculated or better condition would be both fairly challenging and expensive.

If you’re not as picky about rarity or condition, this note is affordable in Very Fine to Extremely Fine condition, if you’re willing to be patient and hunt around for a good deal.

The first issue of $1 Legal Tenders in 1869 is known as the “Rainbow Note”, for its multiple colors: black, red, green, and blue tint on the upper portion of the note to discourage counterfeiters. The notes we’re featuring today are both Friedberg 36, $1 1917 Legal Tenders with small red seals and Teehee-Burke signatures. This is one of the more common notes among the collecting community. It’s important to remember that as the condition of the note improves, so does its price. Consider the following notes.

Check out these samples, the first from Florida Calls Currency:

Good Looking PMG 65 Gem Uncirculated with EPQ Designation.
Asking price: $745 USD

Here’s Sergio Sanchez’s $1 1917 Legal Tender Note:

Nice looking PCGS 65 Gem New with the PPQ designation.

Asking price: $650

More about Florida Calls – www.floridacalls.net: Florida Calls offers collectors a wide array of outstanding bank notes, with a healthy selection of large size type notes. In addition, lovers of Florida Obsolete bank notes with not be disappointed with this dealer’s impressive selection of notes available for purchase. Member PCDA, ANA, SPMC, PMG, FUN, and CSNS.

More about Sergio Sanchez – www.sanchezcurrency.com: Sergio Sanzhez offers collectors a stunning assortment of both rare and highly desirable notes. Sanchez specializes in Large Size type notes, offering legal tenders, silver certificates, demand notes, gold certificates, treasury notes, federal reserve bank notes, and federal reserve notes. Small size high denomination notes are also occasionally available. Member PCDA, PCGS, SPMC, ANA, and PMG.

Comments are open…Who win’s this “Battle of the Bank Notes”?

Showcase your note in our “Battle of the Bank Notes” column: simply email us: support@papermoneyauction.com with subject “Battle of the Bank Notes” and we’ll happily make a post for you!

by Brendan Meehan | Posted in Uncategorized | No Comments » |
"Friedberg Numbers" from Paper Money of the United States (19th ed.) by Arthur L. and Ira S. Friedberg are used with permission of the Coin & Currency Institute
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