AboutRonald Fern Expertise I can answer most all questions relating to US coins, tokens, and currency. I'm not strong on world coins or ancients. Primary field of expertise is errors and varieties. Over 55 years experience in coin collecting. Part time dealer since 1976. Employed by McDonnell Douglas/Boeing for over 34 years as an Industrial Engineer/Technical Specialist before retiring in 2002.
Experience Worked weekends for "Lonesome" John in the late 1960's to mid 1970's processing error coins, packaging, and preparing orders. Worked with John Devine and Fred Weinberg on several California Error A Rama's in the early 1970's. Served as display judge at annual Error-A-Rama coin shows. Opened and operated mail order coin business DBA "CAL ERRORS" in 1976. Contributer to Alan Herbert's "Official Price Guide To Mint Errors" and Fivaz/Stanton "Cherrypickers' Guide". Worked Saturdays at Huntington Beach Coin Exchange 1980-1999. Had table and sold coins at a number of coin and gun shows in So CA, AZ and NV. Sell coins, tokens and currency currently st my space in the Pomona Antique Center. Past "Errorscope" Editor. Presently CONECA Examiner.
Organizations ANA, CONECA, CWTS, NLG
Publications Errorscope, Numismatic News, Civil War Token Journal, Error and Variety News
Education/Credentials AA Degree LBCC pre Engineering, 1964
BS Degree CSULB Ind Technology, 1968
Awards and Honors 1st Place EAR Trophy for Civil War Token Errors, NLG Author of Year Award for best monthly coin column "Error News and Views" in small Numismatic paper, owned and published by Ray Anthony.
Question I have 1 $100 1936 B and 1 1936 C $100 Federal Reserve Notes.
Are they of value enough to hang on to for my grandchildren?
Answer Hi Dee:
A lot depends on your notes condition as well as the federal reserve branch the notes were issued for, but I suggest you go back and look at the dates. There is no listing for 1936 $100 notes. There are 1934B and 1934C, so I'll assume that's what you have.
Federal Reserve Branches - Prior to Series 1996, each Federal Reserve Note bears a regional seal at the left of the portrait. This seal, printed in black, bears the name of the issuing Federal Reserve Bank and the letter (A through L) designating the Federal Reserve district in which that bank is located. On notes of the 1950 series and later, the black Federal Reserve regional seal is smaller than earlier designs and is surrounded by sharp points. Starting with the 1996 series Federal Reserve notes, a new universal seal represents the entire Federal Reserve system. A letter and number below the upper left serial number identifies the issuing Federal Reserve Bank.
A recent issue of "Paper Money Values" shows your 1934B note in very fine condition to have a retail value of $150 for all districts other than E*, H*, and K*. Those star notes have a value of $800 each. The (*) becomes a part of the serial number as a replacement note with the same serial numbers that was damaged or did not meet quality specifications when first printed. An extra fine note has a value of $185, with the three districts star notes (E*, H*, and K*) going to $1500 each.
Your 1934C note in very fine condition has a retail value of $150 for all districts other than D* through L*. Those star notes have a value of $950 each. An extra fine note has a value of $175 to $200, with the D* through L* districts notes going to $1750 each.
Remember, should you decide to sell your notes to get at least two estimates from established currency dealers. You can find then listed at link: http://www.rarecurrency.net/ Dealers will normally pay 50% to 60% of retail for notes they are interested in.
