LOT Old Heritage Auctions  /  2008 APR Rosemont (CSNS) Currency #3500  / 

14564

$1 Federal Reserve Note Label Sets. 137

Currency:USD Category:Coins & Paper Money / Paper Money - United States Start Price:490.00 USD Estimated At:1,000.00 - 1,500.00 USD
$1 Federal Reserve Note Label Sets. 137
<B>$1 Federal Reserve Note Label Sets. 137 Examples. Crisp Uncirculated.</B></I><BR> Label set collecting began to acquire a toehold in many collections in the 1960s. A label set consisted of the first and last note in a "brick" of 4000 notes, plus one or more labels listing the serial number range of the "brick." The "brick" was shipped from the BEP enclosed in kraft paper with the label attached. Eventually, the trailing label for a "brick" would be eliminated and starting with the Series 1974 labels, the serial number for the final note in the "brick" would be eliminated from the label. The late 1980s saw the labels redesigned with bar codes added. Also, a "brick" of 4000 notes now consisted of four groupings of 1000 notes and each grouping was individually shrink-wrapped with a label attached that listed the first note in the grouping of 1000 notes. So, presently a label set consists of the label and the first and last note for that particular grouping of 1000 notes. Label sets in this lot are from Series 1963A to 2003A. Since these are the first and last notes of a "brick," edge handling is common. Interestingly, a Boston Series 1981 label is printed in black ink, not the traditional blue ink that is reserved for the $1 denomination. Black ink is reserved for $10 labels.<BR><I>From The Thomas M. Flynn Collection</B></I><BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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