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TheSerialFlorist's Last 20 Posts
| Missing/Out Of Place Plate Info On 1988-A $1
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TheSerialFlorist
Valued Member
United States
113 Posts |
 Posted 02/17/2025 10:36 pm
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I found a bill today and looking for some feedback from the brain trust.
The top bill is for reference, what looks like a normal 1988-A Boston note. The bottom note is my find.
On the bottom bill:
--It looks like the plate position letter is completely missing from the bottom right. there's a number 5 but no letter. I've never seen that before.
--The upper left is missing completely versus a normal bill.
--On the back, normally the plate number is in the lower right of the white field, but in my bill it's in the upper right and seemingly out of position both horizontally and vertically.
I know the condition is bad and I doubt it's worth anything, I'm more interested in the what and how than how much :). I tried researching some posts but I don't see this exact thing. Comments welcomed!
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| | Forum: US Paper Money and Banknotes |
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| Scramble Ladder Note
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TheSerialFlorist
Valued Member
United States
113 Posts |
Posted 09/03/2024 10:21 pm
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| Collector-worthy bills like radars and repeaters occur about 1 time in 10,000. Eight different digits in whatever order is fun to find the first time, but they occur about 1 in 55 bills, so they're actually pretty common relatively speaking. |
| | Forum: US Paper Money and Banknotes |
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| Analysis Of 18,000 Random Bills In Circulation
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TheSerialFlorist
Valued Member
United States
113 Posts |
Posted 08/23/2024 02:22 am
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I've always wondered what I would find if I did a large-scale analysis of dollar bills in circulation. So...Here's what I found! Questions and comments welcomed!
This is the scope of my study:
Analysis of Series:
--Comparing SJ23 and SJ24 shows the reduction of 2009 and 2013 by about 30%, and reduction in 2017 of about 24% as the new 2017As and 2021s made their way into circulation. 2003 and earlier were 1.2% of the total.
--Just looking at the 2023 samples in SJ23 and NJ, 2021 had not made their way into circulation yet. There's a remarkably even distribution of 2017A, 2017 and 2013. 1.4% of the bills were 2003 or earlier.
--A few months later, 2021 represented 3.5% in BOS and 8.5% in ATL. BOS is not on my chart because I only had limited time there, enough only to count 2021, not other series.
--I noted a significant number of crisp 2017A in both SJ23 and ATL, not perfectly sequential but looked like they had just been put into circulation although they were printed October 2022.
Production:
--Washington DC production is about one fourth of total BEP production going back to 2009.
--Just under 50% of the bills I found in NJ and BOS were DC production, so about twice the national average.
Only 12% of what I found in SJ was printed in DC, or about half the national average. That 12%, I'd assume, migrated to SJ rather than being distributed there from the BEP.
Federal Reserve Letters:
--The green boxes are the 'home' FRD for my sample locations
--There's a strong correlation between FRD letter and Location for both ATL, SJ23 And SJ24, all about about 2x the national average for their own letter.
--For BOS, I was wondering if I'd see like 50% FRD-A but only found 9.2%, still 1.7x the national average but I wonder why not more. They're not in neighboring New York, nor are there many FRD-B found in Boston.
Late block letters and star notes:
--On average, I found 33.5 late-block bills per 1000-bill brick. Other than S, there was a steady decline in the count of each letter as I got deeper into the alphabet. I found a single Y-block, that was a big "I wonder" for me.
--I found significantly more late blocks in SJ. Late blocks are strongly correlated to FRD-L, so the fact I found 2x the national average FRD-L in SJ23 and SJ24 explains why I got so many in late blocks.
--Note the decline in almost every letter between SJ23 and SJ24 The majority of late blocks I found were SR 2009, and as 2009s are taken out of circulation so too go the late blocks. The 30% percent decline in late blocks in SJ matches almost exactly the overall drop in 2009 bills.
--Star notes in my sample were pretty evenly distributed across locations but way less frequent than the production rate of 1.28%, or 1 in 78. I only found one in 140. That's a big difference for a large sample.
Interesting finds:
--1,2: the lowest and highest serial numbers I found.
--3,4: a repeater and four pairs (both ~1/10,000). I found zero radars.
--5: FRD-I star note out of a production run only 250K
--6: The one and only Y-block I found.
--7-10: Overinking on the 3d digit of the 2013s has been discussed on here before, that's #7. But #8 is 2017A, totally different series! And note the suggestion of overinking on #9 and #10 from 2021. I noticed far more 2013 overinking in my 2023 sample, maybe 1 or 2 per strap, but hardly any in 2024.
--11 I was wrong when I said bill #2 was the highest, but I had assumed 96M was the highest serial number. I found this and it's legit for this series, as pointed out by SteveinTampa, thank you, that's actually cool.
-12. this >96M bill was cut from a sheet (badly, may I add) and then circulated.
--I saw no errors and nothing earlier than 1963, no silver certificates.
--I was desperately hoping to find 5 consecutive 9's (odds: 1 in about 38,000) because I have five consecutive of everything else. Gotta keep trying I guess!
I'll be adding to this with an analysis of production timing and distribution, which is a little more complex...until then questions and comments welcomed! |
| | Forum: US Paper Money and Banknotes |
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| Old Bills Found In Circulation! Post Yours!
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TheSerialFlorist
Valued Member
United States
113 Posts |
Posted 11/28/2023 11:51 am
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I was going through a strap the other day and I found these eleven crisp 1993s dispersed throughout. Not only are they from seven different production blocks including a star note, but they are from both the Fort Worth and DC facilities. Maybe someone raided Dad's sock drawer... and here they are 30 years later. I'm sure they're spenders, but interesting to find these together in such good shape.
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| | Forum: US Paper Money and Banknotes |
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| How Yellen/Malerba Notes Are Printed Vs. How They Are Distributed?
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TheSerialFlorist
Valued Member
United States
113 Posts |
Posted 10/23/2023 2:43 pm
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I now have seen 41 Malerba/Yellen notes (out of 1500 total). 15 from New York and 26 from Cleveland, all very new looking. I have zero bills from Boston, Richmond or Philly even though those districts were printed around the same time or earlier than the Cleveland bills.
@BStrauss3, I assume people in Philly and Boston and Richmond have the same access to cars and airplanes as they do in Cleveland, no aliens involved. Given how many bills I have from Cleveland, then I'd expect to see at least some bills arriving in San Jose via car and plane from all those other districts.
To me the original premise makes more sense. Printed in FW, issued to Cleveland per @ynnad, and distributed to cost-optimal San Jose per @SteveinTampa. Seems that my getting so many new Clevelands in San Jose, not from the same brick, mere months after printing, is because multiple new bricks were shipped directly from FW to San Jose, then lightly circulated around here, and I then get them near-new intermingled in straps. And that's why I have zero from the others...none were shipped here. Seems to me, at least...
Related, @ynnad, below shows the relationship between population distribution in each district and what's been printed. I have seen no way to track what's taken out of circulation by district so it's impossible to know what remains in circulation, but in this snapshot you can see the close match, 96% correlation. I tried different production serieses and population snapshots, the results are all pretty much the same as the picture below.
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| | Forum: US Paper Money and Banknotes |
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| How Yellen/Malerba Notes Are Printed Vs. How They Are Distributed?
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TheSerialFlorist
Valued Member
United States
113 Posts |
Posted 10/18/2023 01:01 am
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So I can see in the BEP reports for May and June that Fort Worth printed $1 bills for Philadelphia Cleveland and San Francisco districts (C,D and L respectively), and the Washington, DC facility printed $1 bills for the Saint Louis (H). Fort Worth even printed $1 for Boston and NY (A and B) in Feb, and it even printed $5 bills (E) for Richmond even though Richmond is only a 2-hour drive from the Washington, DC BEP!
That would suggest that even though a bill is printed to represent the population of one district, that's not necessarily related to where it's printed or distributed, at least so far this year. From the production record seems likely that, by design, Fort Worth printed the Cleveland bills with the intent of distributing them to the locations served by the Fort Worth facility. That'd explain how I got a crisp uncirculated Cleveland way out here in San Jose!
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| | Forum: US Paper Money and Banknotes |
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| 2017 US Ten Dollar Bill Nb55500888A
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TheSerialFlorist
Valued Member
United States
113 Posts |
Posted 10/17/2023 01:25 am
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Condition aside, this is actually pretty infrequent. I'm not sure it has a name but I call it a triple tuple, where there are three consecutive sets with every digit being at least paired. 2-3-3, 3-2-3 (yours), 3-3-2, 2-2-4, 2-4-2 , 4-2-2 are all triple tuple configurations, and they occur only once every 21, 948 bills...much less common than a radar or a repeater at 1/10,000. To me it's a nice find.
Related frequencies:
Quad tuple (Four consecutive pairs): 1 / 14,632
Triple tuple: 1 / 21,948
Double tuple (like 33366666) 1 / 237,037
Radar or repeater: 1 / 10,000
Any tuple above: 1 / 8,466
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| | Forum: US Paper Money and Banknotes |
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| How Yellen/Malerba Notes Are Printed Vs. How They Are Distributed?
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TheSerialFlorist
Valued Member
United States
113 Posts |
Posted 10/16/2023 2:28 pm
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Last month I got my first four Yellen/Malerba notes out of a 1000-note brick. I live in San Jose. Of the four bills, three were FR district B/New York, circulated, and one was a crisp Cleveland, still with the new money smell, and that confused me. It looks CU except.well I got it in circulation
I know that number of notes they print for each Federal Reserve district is directly proportional to the population of that district. But what is the relationship between what's printed and how are they distributed?
For the bills printed representing the population of the Cleveland district, how much of those actually go to the Cleveland district? Are Cleveland notes ever (or routinely) sent directly from BEP to districts other than Cleveland? Are they sent directly from BEP to Cleveland and then Cleveland distributes them to other districts? Or did I somehow just get a crisp new Cleveland note that got here unscathed via ordinary circulation?
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| | Forum: US Paper Money and Banknotes |
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