Does "1976 $2 notes" comes in a bundle or sheet.

Does "1976 $2 notes" comes in a bundle or sheet.

Post by Toto » Sun, 29 Mar 1998 04:00:00



I am very interested in collecting coins and notes.
I happened to have a friend who show me $2 notes which came in a bundle
of 25 pieces . US$2 notes. I am wondering if it is a fake money or real
. It has a number series beginning with E.
Can anyone help me with this .
Thanks TOTO

 
 
 

Does "1976 $2 notes" comes in a bundle or sheet.

Post by Crutc » Tue, 31 Mar 1998 04:00:00


Quote:

> I am very interested in collecting coins and notes.
> I happened to have a friend who show me $2 notes which came in a bundle
> of 25 pieces . US$2 notes. I am wondering if it is a fake money or real
> . It has a number series beginning with E.
> Can anyone help me with this .
> Thanks TOTO

TOTO

These bundles, what's on them.  I would bet that there are some
adverti***ts for a Bank or Savings and Loan.  I had many bundles
of these not long ago.  Some were CU notes in sequence, some were
mixed up and some were lightly circulated notes.  Banks used to
have a personal touch.  Go in, ask for $50 or $20 in cash, and they
would give you a pack of 25 $2 notes, or 10 $2's or 20 $1 Silver
Certificates in a booklet.  It would have a hard bottom and top,
with one side having advertising for the institution.  The notes
would have a *** like glue on one edge and as you spent the
notes, you tore them off the pad like paper.  [Some were called
Texas Note Pads down here]

Crutch Williams
SPMC LM 0025
ANA LM 1543

 
 
 

Does "1976 $2 notes" comes in a bundle or sheet.

Post by Scott McClur » Tue, 31 Mar 1998 04:00:00


The answer is that currency comes in BOTH sheets and bundles!
The printing process starts when the notes are first printed in sheets of
32 notes and then 100 of the sheets are stacked together.  The stacked
sheets are then cut into 32 bundles of 100 sequential notes.
You can see evidence of this if you ever get to examine a sheet of 32 notes
- The sheet does NOT have any sequential notes on it.  The notes are only
sequential across sheets that are stacked on top of each other!  The US BEP
sells sheets of currency as a novelty.
Furthermore, the highest numbers are printed first.

Scott
---------.

Quote:

> I am very interested in collecting coins and notes.
> I happened to have a friend who show me $2 notes which came in a bundle
> of 25 pieces . US$2 notes. I am wondering if it is a fake money or real
> . It has a number series beginning with E.
> Can anyone help me with this .
> Thanks TOTO

 
 
 

Does "1976 $2 notes" comes in a bundle or sheet.

Post by Norman Diamo » Thu, 02 Apr 1998 04:00:00


Quote:

>I am very interested in collecting coins and notes.

Then you know why I've directed followups to rec.collecting.paper-money :-)

Quote:
>I happened to have a friend who show me $2 notes which came in a bundle
>of 25 pieces . US$2 notes. I am wondering if it is a fake money or real.

The US has a collection of 12 regional Federal Reserve banks.  Together,
they are equivalent to Bank Indonesia.

An ordinary bank, in some district, can order a bundle of 1,000 notes from
the Federal Reserve branch in their district.

A customer of an ordinary bank might ask for a bundle of 100 notes.  If
the bank has some, then usually they agree.  If the bank doesn't have them
at the moment, then they might decide to order 1,000 so that they can let
the customer have 100, or they might refuse.  Their decision might depend
on whether they think the person is a good customer.

If a person has 25 consecutive notes, then maybe someone just saved them
from a bundle of 100.  I don't think banks bundle 25 of them though.

The US treasury sells uncut sheets to collectors.  One sheet has 32 notes.
The treasury charges a premium price for it, a little bit more than $64.
If someone asks for a big premium, they're just trying to make a profit.
In some countries it isn't common to bargain in daily transactions, but
it's always possible to bargain on collectors' items like this :-)

--
 <<  If this were the company's opinion, I would not be allowed to post it.  >>
"I paid money for this car, I pay taxes for vehicle registration and a driver's
license, so I can drive in any lane I want, and no innocent victim gets to call
the cops just 'cause the lane's not goin' the same direction as me" - J Spammer