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V27 2024 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 27, Number 24, June 16, 2024, Article 25

MORE CARELESS CASH STASHES

An article published this week by Stacks Bowers Currency Specialist Michael Moczalla highlights the problem discussed in the previous articles in this issue. Cash laying around the house (hidden or not) is at risk of being lost, stolen or carelessly given away. -Editor

  1928B $5 replacement notes

Almost 30 years ago, I received a call from a dealer friend of mine who worked in a small coin shop in northern Illinois. He mentioned a woman came in with seven uncirculated early $5 Legal Tender notes. Five turned out to be scarce 1928B $5 replacement notes in Gem Uncirculated condition. These notes were found in a book purchased at a local book fair. Her $1 purchase turned out to be valued in the thousands of dollars. It happens all too often; sometimes very rare notes are placed within the pages of a random book to be dealt with later. Often the notes are forgotten, creating a windfall for others.

Fr. 1527*. 1928B $5 Legal Tender Star Note. PMG Gem Uncirculated 66 EPQ. | Stacks Bowers

Just this past week I received another lead from a woman who recently lost her husband. He was an avid book collector, concentrating on First Editions. While perusing one of the books a crisp, she found a brand new $1000 Federal Reserve Note neatly tucked between its pages. I look forward to seeing what other treasures may be nestled within the pages of other books, but that is a story for another day.

As collectors we certainly enjoy showing our treasures to others, teaching about our hobby, and sharing all that comes with collecting. It is always best to place collectible notes into holders or currency albums where they will be easily found rather than, say, after page 133 of a first edition of Gone with the Wind. If that happens the note could be gone for good.

To read the complete article, see:
WHERE DO YOU STORE YOUR CURRENCY? (https://stacksbowers.com/where-do-you-store-your-currency/)



Wayne Homren, Editor

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The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org.

To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@gmail.com

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