1954 $1 NFP notes vs FP notes
Posted: Tue Jul 26, 2022 1:50 pm
Hi everyone
I have 2 consecutive 1954 $1 notes, Certified PMG 66 EPQ. Serial numbers *BM 0171407 / 408.
These are BABN printed notes
#407 FP is #24, BP #30
#408 FP #29 is VERY weak ( I needed a magnifying glass ) , BP #29 matches.
Is it common for FP to match BP ? Is this something special ?
I found this article on BWJM.CA, credit for research goes to Brent J. Mackie, GREAT research Brent !!
Since the Beattie/Rasminsky signature pair began in 1961, the desired notes were likely right in the middle of the above ranges (1964 being in the middle of 1961-1967). That logic seems plausible for the regular-issue notes, since they were ordered on a fairly constant and regular basis between 1961 and 1967, but the asterisk notes are a little different.
According to Esler's article, BABN only started printing *B/M notes in January of 1963. This means our desired notes would be closer to the start of the run. Furthermore, the article continues to mention that while *A/A notes were ordered from CBN regularly, the final order2 of delivered notes was placed in early 1965. This order began with *A/A 0404001, meaning that any missing plate number notes would precede this order, but they would not be too much earlier. Asterisk notes would see potential missing plate numbers somewhere in between the following points:
BABN: *B/M 0000001 - *B/M 11600003 (likely closer to the beginning)
CBN: *A/A 0091201 - *A/A 0404000 (likely closer to the end)
Armed with this information, we set off for coin shows, dealers' shops and friends' collections nationwide. Covertly examining every note we saw, we checked the plate numbers, front and back. For each of us, the first few days were fruitful and rewarding. Within a week, we had determined rough ranges for where these missing plate numbers would be found. Nevertheless, the top secret treasure hunt continued. At one point, another close friend and collector had almost caught on to what we were doing, so we had to run a little interference and get this person off the scent, lest our cover be blown.
So far, we have yet to find any notes missing a back plate number (BPN), as Esler's article suggests that we might. However, we did find a variety of notes missing a front plate number (FPN), from both BABN and CBN, regular-issue and asterisk notes. It quickly became obvious that "no-FPN" regular-issue notes are much harder to come by than their asterisk note counterparts, despite the theoretical range being more than an order of magnitude larger. This simply serves to illustrate the preservation ratio of asterisk notes compared to regular-issue notes.
The table below summarizes our results:
BABN Regular Notes Highest observed with FPN T/M 8560186 2 observed notes w/o FPN
Theoretical maximum range:
4,209,716 notes
Lowest observed without FPN U/M 0391953
Highest observed without FPN U/M 0908843
Lowest observed with FPN U/M 2769901
BABN Asterisk Notes Highest observed with FPN *B/M 0317703 13 observed notes w/o FPN
Theoretical maximum range:
172,900 notes
Lowest observed without FPN *B/M 0320855 .....my 2 consecutive NFP notes fall into this range.
Highest observed without FPN *B/M 0476595
Lowest observed with FPN *B/M 0490603..........NOTE MY SERIAL NUMBERS ARE WILL BELOW THIS NUMBER
............................
Do I have something special here ?
CBN Regular Notes Highest observed with FPN W/N 5762180 2 observed notes w/o FPN
Theoretical maximum range:
4,653,519 notes
Lowest observed without FPN W/N 6167127
Highest observed without FPN W/N 9584154
Lowest observed with FPN X/N 0415699
CBN Asterisk Notes All observed notes (*A/A) featured both front and back plate numbers.
I also have 4 consecutive NFP CBN printed WN 8961940 - 940 where the BP number alternate 103/ 104/ 103/ 104.
Is that normal ?
Thanks in advance for any comments !!
Dan
I have 2 consecutive 1954 $1 notes, Certified PMG 66 EPQ. Serial numbers *BM 0171407 / 408.
These are BABN printed notes
#407 FP is #24, BP #30
#408 FP #29 is VERY weak ( I needed a magnifying glass ) , BP #29 matches.
Is it common for FP to match BP ? Is this something special ?
I found this article on BWJM.CA, credit for research goes to Brent J. Mackie, GREAT research Brent !!
Since the Beattie/Rasminsky signature pair began in 1961, the desired notes were likely right in the middle of the above ranges (1964 being in the middle of 1961-1967). That logic seems plausible for the regular-issue notes, since they were ordered on a fairly constant and regular basis between 1961 and 1967, but the asterisk notes are a little different.
According to Esler's article, BABN only started printing *B/M notes in January of 1963. This means our desired notes would be closer to the start of the run. Furthermore, the article continues to mention that while *A/A notes were ordered from CBN regularly, the final order2 of delivered notes was placed in early 1965. This order began with *A/A 0404001, meaning that any missing plate number notes would precede this order, but they would not be too much earlier. Asterisk notes would see potential missing plate numbers somewhere in between the following points:
BABN: *B/M 0000001 - *B/M 11600003 (likely closer to the beginning)
CBN: *A/A 0091201 - *A/A 0404000 (likely closer to the end)
Armed with this information, we set off for coin shows, dealers' shops and friends' collections nationwide. Covertly examining every note we saw, we checked the plate numbers, front and back. For each of us, the first few days were fruitful and rewarding. Within a week, we had determined rough ranges for where these missing plate numbers would be found. Nevertheless, the top secret treasure hunt continued. At one point, another close friend and collector had almost caught on to what we were doing, so we had to run a little interference and get this person off the scent, lest our cover be blown.
So far, we have yet to find any notes missing a back plate number (BPN), as Esler's article suggests that we might. However, we did find a variety of notes missing a front plate number (FPN), from both BABN and CBN, regular-issue and asterisk notes. It quickly became obvious that "no-FPN" regular-issue notes are much harder to come by than their asterisk note counterparts, despite the theoretical range being more than an order of magnitude larger. This simply serves to illustrate the preservation ratio of asterisk notes compared to regular-issue notes.
The table below summarizes our results:
BABN Regular Notes Highest observed with FPN T/M 8560186 2 observed notes w/o FPN
Theoretical maximum range:
4,209,716 notes
Lowest observed without FPN U/M 0391953
Highest observed without FPN U/M 0908843
Lowest observed with FPN U/M 2769901
BABN Asterisk Notes Highest observed with FPN *B/M 0317703 13 observed notes w/o FPN
Theoretical maximum range:
172,900 notes
Lowest observed without FPN *B/M 0320855 .....my 2 consecutive NFP notes fall into this range.
Highest observed without FPN *B/M 0476595
Lowest observed with FPN *B/M 0490603..........NOTE MY SERIAL NUMBERS ARE WILL BELOW THIS NUMBER
............................
Do I have something special here ?
CBN Regular Notes Highest observed with FPN W/N 5762180 2 observed notes w/o FPN
Theoretical maximum range:
4,653,519 notes
Lowest observed without FPN W/N 6167127
Highest observed without FPN W/N 9584154
Lowest observed with FPN X/N 0415699
CBN Asterisk Notes All observed notes (*A/A) featured both front and back plate numbers.
I also have 4 consecutive NFP CBN printed WN 8961940 - 940 where the BP number alternate 103/ 104/ 103/ 104.
Is that normal ?
Thanks in advance for any comments !!
Dan