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City of Detroit Specimen Sheets - $1, $5, $10, $20 - April 16, 1934

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$3,500.00

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Specifications

Specimen
sheets

Rare Specimen sheet of Depression Currency  - Four sheets - $1, $15, $10, $20 dated april 16, 1934 - Specimen stamped over signatures.   the $10 and $20 sheets are nice uncirculated sheets.   The $1 and $5 sheets display some handling typical of these oversize items.   They show some splits in the margins.    The $1 shows a rip on lower right side and a missing corner on the lower right side. The $5 note show a rips on the top center note.  Very rare to find any depression era scrip sheets - one sold on Heritage in 2004 for $3200. 

Like coin grading, currency is valued by its date and mintage, rarity, and condition. The currency grading system assigns grades (Poor 1- Perfect New 70), based on the note’s condition. Some factors are easily determined (e.g. number of folds, centering of the images and broadness of margins). Others require years of experience in assignment of the grade: corner bends, pinholes, handling marks, smudges, ink marks, stains, tears and splits. Is the banknote truly in its original condition? If so, paper waves and a slight raise in the ink due to embossing should be evident.

To get a grip on the history of US currency, check out these two sites: https://uscurrency.gov (US Currency Education Program) and http://www.moneyfactory.gov/uscurrency/history.html.

PCGS NGC Michigan State Numismatic Society 

 PMG Authorized DealerWest Michigan Coin Club