Expert: PAPAJACK - 11/16/2008

Question
My mother found a couple of 20 and 10 dollar bills. One of the $20 bills says series 1950 A and G43685122B do you know the value? Also do you have suggestions of where to go in chicago illinois to find a dealer? Thank you very much!

Answer
 
Hello Eva,         

Your 1950-A $20 Federal Reserve Note signed by Ivy Baker Priest and George M. Humphrey were printed from 1953 to 1957.

The note is not uncommon but did have some replacement notes made in the issue having a STAR “*” in the serial number. Depending on things like stains and folds its price will change drastically.

Federal Reserve Notes for this series date are valued about the same and are listed at retail from $40 to $70 in Crisp Uncirculated grade.

For $20 Federal Reserve Notes in grades below very fine trade at face value. If they grade Very fine =$22 and if they grade Extra Fine=$25
and Crisp Uncirculated lists retail for about $65.

Only after the grade is determined can you use a price guide, or can it be properly appraised.

Here are a couple of professionals in your area.


Bart's Coins & Collectibles
3939 N Pulaski Rd
Chicago, IL 60641-2932
Phone: (773) 539-8907


Chicago Coin Company Inc
6455 W Archer Ave
Chicago, IL 60638-2536
Phone: (800) 895-2246


Chicago Numismatic Foundation
PO Box 14277
Chicago, IL 60614-0277
Phone: (800) 448-5095


Double Eagle Coins
3600 N Lake Shore Dr
Chicago, IL 60613-4684
Phone: (312) 248-0830


Gold Dust Coin Co Inc
3115 S Halsted St
Chicago, IL 60608-6601
Phone: (312) 842-4240

Harlan J Berk Ltd
31 N Clark St
Chicago, IL 60602-2898
Phone: (312) 609-0016


Jakes Marketplace Inc
2955 N Central Ave
Chicago, IL 60634-5309
Phone: (888) 487-5253

John F Hoffman
5037 N Neva Ave
Chicago, IL 60656-3620
Phone: (773) 792-0613

Majestic Rarities
501 N Clinton St 2503
Chicago, IL 60610-6593
Phone: (312) 914-5314

Numisco Rare Coins Ltd
Chicago Board Of Trade
311 S Wacker Dr #1100
Chicago, IL 60606-6627

Subak Inc.
79 W Monroe St #1008
Chicago, IL 60603-4953
Phone: (312) 346-0609

Good question, hope to hear back from you soon on another question.

PapaJack