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Posted on April 8, 2018

Idaho National Bank Notes… Written by Jeff Smith

If Notes Could Talk

On the Treasuredstocks.com web site, we have the following Idaho-based National Bank Notes (alphabetical order):

Ashton; Blackfoot; Boise; Caldwell; Idaho Falls; Lewiston; Malad City; Nampa; Parma; Preston; Saint Anthony; Salmon; Shoshone; Twin Falls; Wallace; and Weiser.

Though none listed are for cities in Bannock County (our business location), one Idaho City stands out above the rest. These National Bank Notes are from Salmon, Idaho.

Between 1863 and 1929 (the National Banking Period) Idaho had 86 National Banks that issued currency. The Citizens National Bank of Salmon, Idaho (chartered in 1909) and the First National Bank of Salmon Idaho (chartered in 1906) were two of these historic banking institutions.

Salmon is the county seat for Lemhi County, Idaho. About 30 miles southwest of Salmon lies Lemhi Pass, the area through which the Lewis and Clark expedition (1904-1806) traveled while crossing the continental divide. Their interpreter and guide from North Dakota to the Pacific Ocean (and very importantly the only woman) was the famous Sacajawea – a member of the Lemhi Shoshone Nation. Sacajawea was born near Salmon. To my knowledge, there are no US currency items with a Sacajawea picture. However, in the year 2000, our US Mint issued the famous Sacajawea coin – one dollar – to honor her. The image on the coin is not the real image of Sacajawea. It is, actually, based on another Shoshone woman who posed for the artist. Unfortunately, we really do not have a true likeness of this amazing woman. In addition to the one dollar coin, the USS Sacajawea was named after her.

Lemhi County has almost 8,000 residents with 4564 square miles of land; 3,112 of these persons live in Salmon. Salmon, a small rural community, is nestled in the mountains of central Idaho, along the Salmon River, its namesake. Mining, ranching, and lumbering are three main industries here. In addition to technical innovations and light manufacturing, Salmon boasts some of the world’s best whitewater rafting and outfitting. It is, in fact, the whitewater capitol of the world and serves as a passageway, just as it did for Lewis and Clark in 1805, to mountain streams, lakes, rivers, and forests.

Come take a look at our Treasuredstocks.com Salmon Idaho currency.

Here is a 1902 note — $5 Plain Back– from The Citizens National Bank of Salmon.

Imagine what this note would say if it could talk? In the early 1900s when mining and railroading were peaking in Lemhi County, these notes were produced as a quick and easy way to “barter” goods and services..

If anyone out there is from or has visited Salmon (Lemhi County), Idaho, please post a comment.

Posted on April 8, 2018

For more Disney Dollar Discussion and Dialogue, Read on …. Written by Jeff Smith

Those who have traveled this exciting journey, know that Disney Dollar Collecting is truly a fascinating adventure.

The Disney Dollar idea sparked during a visit to a 1987 Disney Collectors Merchandise Convention by Mr. Harry Brice. Brice was a Senior Artist at the Silhouette Shop on Main Street in Disneyland. He told his associates that he couldn’t believe the amount of money people were paying for Disney merchandise and suggested that Disney could make and print souvenir “money” for currency collectors as well as Disney patrons.

First released in May of 1987, Disney Dollars were recognized for very high quality printing (EPI of Battle Creek, MI) along with intaglio steel engraving and expensive 100% cotton paper, giving Disney Dollars the feel and appearance of beautifully crafted currency. They have anti-counterfeiting features such as reflective ink and imprinting, unique serial numbers and letters, tiny specks of glitter (we call pixie dust), and expensive micro-printing. Disney Dollars were produced and printed from 1987 to 2009 and now again in 2013, with the exception of 1992, 2004 (the 2005 series was also used in 2006), 2006, 2010, and 2012.

Disney Dollars were first released in one and five dollar denominations. The ten dollar (denomination) bill became available in 1990 and in 2005, the fifty dollar bill was added as well as the T series (“T”denotes The Disney Stores, the beginning letter of the serial number). This year (2013), saw the new Disney Dollar release of The Villains and Heroes Series as well as an extremely rare and much sought after “Cruella” error note.

Important characters on each bill include Mickey Mouse, Minnie Mouse, Goofy, Pluto, and many others. Each side of the bill incorporates its denomination and each currency item has a serial number series year. These numbers/letters denote when they were printed and where they originated. Some bills were printed in small amounts such as the limited edition $50 and some were printed in large quantities. Bills are (mostly) signed by Scrooge McDuck as treasurer – he is considered the CFO, bank administrator. Disney Currency designs changed yearly, often reflecting the general theme for that year. Bills also include letter designations, located at the beginning of the serial number. For example, an A series relates to a note initially sold at Disneyland in Anaheim, CA (A is for Anaheim), D denotes Walt Disney World in Florida, and T (available starting in 2005) designates Disney stores. There are also a few very rare B (for Designer Charles Boyer) and F series.

Disney Dollars can be used for face value at Disney theme parks, cruise ships, and Disney Stores. They do not expire. One important way to purchase Disney Dollars is through collectors like Treasuredstocks.com. Rationale: The Walt Disney Corporation is moving more and more toward Disney refillable gift cards as they are convenient, efficient, and provide better control, tracking, and profit.
Because of their appearance, features, and unique characteristics, currency plus Disney collectors place great value on Disney Dollars; thus, Disney Dollar collectors, as well as Disney memorabilia fans, are found world-wide!

Very importantly, both PCGS and PMG now grade the Disney Dollars.

Hence, competition for these unique and often quite rare Disney Dollar notes is rising, dramatically increasing values on these prized historical items. As of this year (2013), you will need 166 Disney notes to complete a Disney Dollar Registry Set.

So please, enjoy the Disney Dollar Adventure. Let us help you and your family build your own collection of Disney currency.

https://treasuredstocks.com/currency/disney-dollars.html

If you have any questions call Jeff @ 870-670-4255

Posted on April 8, 2018

We have a rich history of different type of currency…

For more than 300 years, American paper currency has undergone many changes in design, size, denomination, security features, and more. This printed legacy is an important yet little known part of American history; let’s review the main events that have defined it.

1690-Colonial Bills

The first paper currency is issued by the Massachusetts Bay colony to fund military expedition expenses. Other colonies soon followed in this practice.

1775-Continental Congress Currency

The Continental Congress currency finances the Revolutionary War with paper money, called Spanish milled dollars. However, since it was easy to counterfeit, the Continental currency lost value quickly giving rise to a popular term “not worth a Continental.”

1781-First National Bank

The Bank of North America, chartered by Congress, becomes the first national bank.

1785-The U.S. Dollar

The U.S. dollar becomes the monetary unit of the United States of America.

1791-First U.S. Central Bank

Congress charters the Bank of the United States for a period of 20 years to function as the fiscal agent of the U.S. Treasury department. This bank was the first to function as a central bank for the U.S. government.

1792-Federal Monetary System

The Coinage Act of 1792 creates the U.S. Mint that places coin values and denominations as a federal monetary system. The bimetallic standard is created by this act, which sets fixed exchange rates for gold and silver.

1816-Second U.S. Central Bank

The second U.S. Central bank is licensed by the Congress for twenty years, up to 1836.

1836-Free Banking Era

Without a formal U.S. Central bank, private banks make their own paper currency. Counterfeit bills or bank notes were easily made in this period.

1861-Civil War “Greenbacks”

U.S. Congress enables the U.S. Treasury to issue “Demand Notes,” as the paper currency to finance the Civil War. Demand Notes were also called “greenbacks.” All U.S. paper currency made since 1861 is valid with a redeemable full face value.

1862-First $2, $50, and $100 Bills made as Legal Tender Notes.

U.S Notes or Legal Tender Notes replaces Demand Notes with the first $2, $50, and $100 bills.

$2 Note. The first ones were made on 1862 and had a portrait of Alexander Hamilton, the first Secretary of the Treasury. The $2 United States and Federal Reserve Notes have shown Thomas Jefferson’s portrait since 1869.

$50 Note. $50 Notes portray Ulysses Grant and the Capitol on the back.

$100 Note. The first $100 notes were made in 1862 with a portrait of an American eagle. Benjamin Franklin first appeared on a $100 note in 1914.

1865-Establishment of U.S. Secret Service

The U.S. Secret Service is established under the bureau of the Treasury to control counterfeiting practices, safeguarding the national currency.

1877-Bureau of Engraving and Printing

The BEP (Bureau of Engraving and Printing) starts printing all U.S. currency.

1878-First Silver Certificates

Silver certificates were made from 1878 to 1964 to replace silver dollars.

1882-First Gold Certificates

The first gold certificates were used in the 1882-1933 period, which gave holders a pre-set value of gold coins.

1913-Federal Reserve Act of 1913

The Federal Reserve Act of 1913 creates the Federal Reserve to work as the U.S’s central bank. It provides a better response to the ever changing financial needs of the country. The Federal Reserve Board makes a new currency called Federal Reserve Notes.

1914-Large Size Federal Reserve Notes

Larger than bills today, $5, $10, $20, $50, and $100 notes were issued.

1918-Large Size High Denominations Federal Reserve Notes

Big denomination bills are issued as $500, $1,000, $5,000, and $10,000 Federal Reserve Notes. These bills were withdrawn from the market in 1969 due to poor demand.

$500 Notes. Two versions were made, in 1918 with blue seals and 1928 with green seals. The 1918 portrayed John Marshall with Desoto finding the Mississippi on its back. The 1928 version had William McKinley in its front.

$1,000 Notes. There are two versions of $1,000 notes, which were made in 1918 with a blue seal and in 1928 with a green seal. The 1918 version has Alexander Hamilton’s portrait on the front with an eagle on its back. The 1928 version has the image of Grover Cleveland on its front with the words “The United States of America-One Thousand Dollars” on its back.

$5,000 Note. Issue in 1928 with James Madison’s image on the front and a portrait of Washington Resigning his Commission on the back.

$10,000 Notes. The 1918 Notes had Salmon P. Chase on its front with an image of the Embarkation of the Pilgrims on its back. On the other hand, series from 1928’s only difference was with the reverse image that displays “The United States of America-Ten Thousand Dollars.”

1929-Standarized Designs

Bill sizes were reduced by 25% to reduce production costs, creating a standardized design for all denominations.

1934-$100,000 Gold Certificates

The $100,000 gold certificates were made in 1934 with Woodrow Wilson shown on the front and the words “The United States of America-100,000-One Hundred Thousand Dollars” on the back. This Gold Certificate was only used for transactions amongst Federal Reserve Banks. It was not put to public circulation.

1957-“In God We Trust”

The motto “In God We Trust” has been used in all U.S. paper currency since the first $1 silver certificates were issued in 1957.

1990-New Counterfeit Deterrent Methods

To fight against advanced printers and other counterfeiting techniques, micro printing and security threads are developed.

1996-2000-Redesign of Paper Money

U.S. paper currency is redesigned with advanced anti-counterfeiting techniques that were first introduced on the $100 bill.

2003-2006-Updated Security Features

Federal Reserve Notes are made with advanced security features and special colors, first implemented on the $20 bill.

2007-New $5 Bill with an All Digital Design

The all-digital design was first introduced on the $5 bill.

2010-New $100 Bill Design

With advanced anti-counterfeiting technology, the new $100 bill is unveiled with a traditional American money design.

The Federal Reserve Bank is in charge of the U.S. central banking system, which places all currency into the hands of consumers and businesses alike. As technology advances, the look of the American paper money will also change to meet new security standards, as experienced throughout its rich history.

Posted on February 28, 2018 February 28, 2018

America’s Original Currency, a tribute to all Americans past & present!

If notes could talk, what would the highly collectible Colonial notes say about the significant role they played in achieving independence for all Americans? ….
For some fascinating information about these rare and beautiful notes, read on …..

WWI ended on November 11th, 1918; In tribute and honor of another GREAT war, the Revolutionary War, all Americans cherish America’s Original Currency.
Our early American history — from a political, social, and certainly economical perspective — is fascinating. Fortunately, for all currency enthusiasts, this history is exemplified in the first American currency, lovingly referred to as Colonial Currency.

Colonial currency provided financial incentives and means to build America and win the Revolutionary War. Certainly, colonial currency helped supply our Continental Army and feed and clothe early colonists.

Colonial Currency notes are unique works of art and demonstrate incredible sophistication in counterfeit prevention, multi-color production techniques, engravings, woodcuts, logos, and political insignias and slogans. From Maryland to Georgia, these diverse currency items were expertly crafted by local artisans, engravers, and printers. Looking at each note, you will touch this history, feel the strength and determination of these early patriots, and wonder at the skill and splendor each note demonstrates.

Colonial notes are rare, sought-after, desirable but, surprisingly, well within reach of most collectors. Market values placed on these notes are based on condition, demand, and rarity; the original value of the notes is far less significant. For example, regardless of denomination, notes produced by Benjamin Franklin and Paul Revere will have greater value due to greater interest and demand. Additionally, notes produced during the Revolutionary War have seen greater interest, with the idea that those notes display powerful patriotic symbolism and may have been placed in the pockets of patriot soldiers as they took arms against the British.

Colonial currency collectors build collection sets in a number of ways. One common method is to collect a note from each of the original 13 colonies. Similarly, many collectors choose a “favorite” colony and collect samples of each of the emissions and/or denominations.

Fortunately, internationally recognized grading services such as PCGS and PMG are now verifying and grading Colonial money. Thus, graded notes carry greater value and notes with higher grades command exceptional prices.

Though the perception is that these notes are of a premium price, collectors are still able to find and purchase notes from all 13 colonies for a relatively fair price. Collections with all 13 colonies are then passed down from generation-to-generation, as family heirlooms, pride in our country, and outstanding investments.

Therefore, now is the time to invest in colonial currency; affordable prices will NOT last! Large numbers of new currency collectors are reaching retirement age and are “in droves” contributing to higher demand and higher prices.

Proudly, Treasuredstocks.com has excellent examples of Colonial Currency notes from each of the 13 colonies as well as the Continental Congress issues.
Call us at (870) 670-4255 or email jeff@treasuredstocks.com for help and support, as you venture into Colonial Note Set collection.

To see this note, click on this link:
https://treasuredstocks.com/currency/colonial-notes/new-jersey/item/5120-new-jersey-1776-18-pence-colonial-currency-note-pcgs-66-ppq-gem-new-fr-nj-93.html

To see these notes on our site, click on this link:
https://treasuredstocks.com/currency/colonial-notes.html

Yours for a truly wonderful Veteran’s Day,

Jeff Smith, President
Email us at:
jeff@treasuredstocks.com

Posted on February 28, 2018 February 28, 2018

Question: Are Federal Reserve Bank Notes (FRBNs) and Federal Reserve Notes (FRNs) the same?

No, they are very different notes and it is important to make the distinction when buying, selling, or trading these notes. Here is some history and information.

Federal Reserve Bank Notes, also known as FRBNs, were issued in the US between 1915 and 1934. As legal US tender, they were regarded, just as other kinds of notes, according to their face value. There are 12 Federal Reserve Banks. It is important to note that Federal Reserve Bank Notes are backed up by just ONE of the 12 Federal Reserve Banks, not all of these banks as a unified group.

And size does matter. Two size designations exist for FRBNs – large size and small size. Large size FRBNs were initially issued in 1915 with the five, ten, and twenty dollar denominations. The one, two, and fifty dollar denominations surfaced in 1918.

Small size FRBNs were emergency printed in 1933 (during the depths of the American Depression), using paper stock from the printing of National Bank Notes and in denominations ranging from five through 100 dollars. During the depression, Americans lost faith and trust in their banks, so wide-spread currency hoarding created extreme shortages. Of great interest to collectors is that, just as is seen in our current one dollar bills, the letter A through L appears, denoting one of the 12 Federal Reserve Districts. Since 1934, these small size FRBNs were not printed and banks stopped making them publicly available in 1945. They have serial numbers and brown seals and have the “National Currency” printed across the top of the obverse side.

FRBNs were issued by each individual member bank, as mentioned, and were phased out in the mid-1930s. FRBNs are considered by numismatists to be very different bills, when compared with Federal Reserve Notes.

Federal Reserve Notes (FRNs) are still in production. Notably, the term Federal Reserve Notes (FRNs) is considered to be the best term to use when describing circulating US paper currency. The only U.S. banknotes still in production since 1971 are the FRNs.

FRNs were backed in a similar way to National Bank Notes, using U.S. bonds, but issued by Federal Reserve banks instead of by chartered National banks. Before 1971, FRNs (in theory) were supported by an equal amount of US Treasury gold. Under President Nixon, however, the gold standard was replaced by a government declaration that the paper money had value and was legal tender in the US.

But how was this possible? In December of 1913, during his first year in office, Democratic President Woodrow Wilson aggressively influenced and subsequently signed into law the Federal Reserve Act. This Act of Congress established the Federal Reserve System and the US Central Banking System (a major reform for US banking and currency).
Importantly, this Act provided the US central banking system official authority to issue Federal Reserve Notes and Federal Reserve Bank Notes as legally authorized US currency. Notably, the bill’s co-sponsor was the Chairmen of the House Banking and Currency Committee, Virginia Congressional Democratic Representative Carter Glass.
If there is an FRN or FRBN that you are looking for and it is not listed on our web site at treasuredstocks.com, please give us a call at 870-670-4255 or email Jeff: jeff@treasuredstocks.com

If there is an FRN or FRBN that you are looking for and it is not listed on our web site attreasuredstocks.com, please give us a call at870-670-4255or email Jeff: jeff@treasuredstocks.com

To see this note on our site click this link:
https://treasuredstocks.com/currency/large-size-notes/federal-reserve-bank-notes/item/8224-1918-5-federal-reserve-bank-note-cleveland-teehee-burke-pcgs-66-gem-new-fr-785.html

To see all FRBNs & FRNs on our site, click this link:
https://treasuredstocks.com/currency/large-size-notes.html

Yours for a truly amazing Thanksgiving Holiday,

Jeff Smith, President

Posted on February 28, 2018 February 28, 2018

A few ‘notes’ about Military Payment Certificates (MPCs)

Exciting and historical MPC information follows: No two notes are identical; each is unique

As a military veteran of the United State Navy, I recall receiving my pay with Military Payment Certificates, fondly known by us GIs as MPCs, and spending these MPCs at the base PX. I am an MPC Collector and I think that these beautifully engraved Military Payment Certificates are some of most artistic pieces of currency ever made.

The United States military devised the MPC program immediately following World War II. In post war Europe, US dollars became very valuable due to the high inflation rates of local currencies. Hence, US servicemen stationed overseas could purchase very high value items for relatively small numbers of US dollars.

To overcome this problem and help stabilize foreign economies, MPCs were developed and used from the time immediately following World War II until about the end of the Vietnam War (1946-1973). In the opinion of many military veterans and collectors like me, MPCs include some of the most beautiful currency notes the US has ever printed. I look at these currency notes and see not only the financial impact they made for me but the military, political and social environments surrounding them.

MPCs are paper money in cent denominations of 5, 10, 25 and 50 and dollar denominations of 1, 5, 10, and 20. The MPC Program was at its peak during the Vietnam War.

For a look at some rare and collectible currency, including MPC notes, visit us at: https://treasuredstocks.com/currency/military-payment-certificates.html

We are official members of multiple numismatic-related organizations. Thus, Treasuredstocks.com welcomes any and all questions regarding our coin and currency postings and our passion for collecting coins and currency of all types.

Posted on February 28, 2018 February 28, 2018

Creating a World Currency Collection

Most world money collections began with international travel. During foreign travel, fun and attention-grabbing examples of transcontinental money are often preserved as souvenirs.

Terms such as World Currency, World Banknotes, World Paper Money, are used interchangeably to describe the exciting and information-rich pursuit of collecting non-coin world money.

Collecting paper money from all over the world is a perfect way to learn, teach, and share the history (political, economic, social, and cultural), science, and geography of nations that make up the great and glorious world we live in.

Three types of world paper money are collected: Money from banks, money from governments, and money produced during emergencies, such as during and after wars and conflicts. One collector we’ve met has a currency collection with examples from all nations known to exist, dated during World War II. What a legacy he will leave for his family and future generations!

To help avoid counterfeiting, many world money examples display complicated, beautifully engraved drawings, patterns, figures, and motifs which contribute to the diversity and rich historical value to this artwork.

Additional diversity includes the changing political and geographical formation of our world powers and populations.

Where was Bohemia? What is the Isle of Man? What did Syrian money look like in 1967? Who is engraved on the 1912 (just prior to the Revolution) Russian Ruble Note? Why are the Bernhard Notes located in the “Great Britain” category instead of Austria where they were engraved and printed? Answers lead to more questions; therefore, finding, holding, and collecting world paper money has become an increasingly popular, thrilling, profitable, and very exciting pursuit.

Condition (and authentication) is a significant factor for collectors; condition is represented as the “grade” of the note. Un-circulated notes with high grades are the most sought-after and valuable. The note’s appearance is also a factor. For us (and for many collectors), these notes are some of the most beautiful and fascinating ever created.

As international travel and service increases, the popularity and demand for these exquisite world currency notes increases. Thus, now is a great time to create and enhance your world money collection – value will never be better!

For a look at some rare and collectible World Paper Money, visit us at: https://treasuredstocks.com/currency/world-paper-money.html

Posted on February 28, 2018 February 28, 2018

Disney Dollar Demise: The end of an era 1987 – 2016 RIP 29 years old

Digital Currency and Disney Gift Cards are reasons cited for yesterday’s official discontinuation of Disney Dollars. Of course, because Disney Dollars never expire, Disney will continue to accept them as currency, at face value. But this is small comfort to Treasuredstocks.com and other Disney Dollar collectors who, since 1987, have anxiously awaited each new Disney Dollar issue and theme.

This sad announcement was made on Thursday with the final discontinuation date of 14 May 2016. That is, all official Disney production and sales of Disney Dollar Notes ended yesterday!
You may wish to access official news media items located at these web sites. WDW News Today (reports on Disney park information and news), broke the story late last week were later confirmed by the Orange County Register.

http://wdwnt.com/blog/2016/05/breaking-disney-dollars-to-be-discontinued-may-14th-2016/
http://www.dailynews.com/business/20160513/disney-dollars-to-be-discontinued-at-disneyland-walt-disney-world:
http://www.ocregister.com/articles/disney-715755-dollars-disneyland.html

Disney Dollars have been extremely popular with collectors since their birth in May 1987. Functioning as both currency and souvenir, these beautifully engraved existing “Dollars” will now be far more difficult to locate and more expensive to purchase.

“This news is devastating,” said Jeff Smith, Treasuredstocks.com President. “Collectors from all over the world love and cherish these amazingly beautiful notes. Disney Dollars have been a really fun way to introduce currency collecting to children of all ages! Disney Dollars have always made great Christmas and birthday gifts!”

First released in 1987, Disney Dollars were recognized for very high quality printing with intaglio steel engraving and expensive 100% cotton paper, giving Disney Dollars the feel and appearance of beautifully crafted currency. Just like any “real” money, they have anti-counterfeiting features such as reflective ink and imprinting, unique serial numbers and letters, tiny specks of glitter (we call pixie dust), and expensive micro-printing.

Disney Currency designs changed yearly, often reflecting the general theme for that year. Bills also include letter designations, located after the serial number. For example, an A series relates to a note initially sold at Disneyland in Anaheim, CA (A is for Anaheim), D denotes Walt Disney World in Florida, and T (available starting in 2005) designates Disney stores. There are also a few very rare B (for Designer Charles Boyer). Now, at age 29, official production and sales of Disney Dollars has ended.

Importantly, though Disney Dollars never expire, once “spent” at Disney Parks and Stores, notes are cancelled and destroyed.
So the only way to purchase Disney Dollars now is through collectors like Treasuredstocks.com. Please let us help you build your own collection of these ever-more-valuable/rare world famous Disney currency notes.

https://treasuredstocks.com/currency.html

If you have any questions call Jeff @ (870) 670-4255