Hello Everyone,

The gram below was intended to be sent on Saturday,
but I could not get it out from the hotel. I was very
frustrated about that! Sorry.

First, I must say that I had it wrong. The BNR is not
published until THIS week. Sorry about that. However,
I can report that the editor said that we will
probably have a color 691/701 on the front page. Still
no guarantee, but probably.

Marcus did ask the editor for permission to distribute
the 691/701 article here, but David Harper asked us
not to do that. I guess that we should be flattered
that the BNR could consider the MPC Gram to be
competition!! Thanks for trying Marcus. 

Delayed gram starts below.

This is also remote gram #1. It is being sent while I
am in Chicago. Actually, I guess we did this once
before where Marcus and/or Doug sent out a gram for me
while I was on the road somewhere. Anyway, hopefully,
you receive this gram on Saturday.

Chat on Thursday included an interesting concept.
Someone was talking about boarder notes. Sorry, I do
not remember who brought it up and used that term.
Someone help me on that.

Anyway, the concept being discussed there was to find
the last note of a prinitng and the first note of the
next printing. This would apply only to series with
multiple printings. Boy, I can go on about this for a
long time!!

I don't think that we have discussed this in the gram,
but I have discussed with many of you the possiblity
of finding the last note of a given issue. This is
actually more rare (in collections) than serial number
1 notes. At the time of manufacturing of course they
are equally rare (and both unique for each issue).
However, the number ones got saved (in at least some
cases) whereas any last numbers that survive are
probably by simple chance. Rare, rare, rare and a
treasure hunting goldmine.

Fiding the border notes would be simply an extension
of the above. Well, I have yet another twist.

I would like to find ANY two consecutive serial
numbers from different positions! A very good example
applying to any denomiation would be SN 00008000
(position 1) and 00008001 (position 2). Any such pair
would be wonderful in demonstrating the sheet
numbering concept that is so important and causes so
much difficulty.

The above example may be the most desirable because of
the low numbers, but a great pair (for any fractional
MPC) would be 00672000 and 00672001. Do you need to
ask profski what the position numbers would be? Think
for a moment. They would be 84 and 1 repectively. They
would be the last note from unit one and the first
from the second unit. The word unit is a little
confusin, profski (and Ray Toy too) insists on using
the word run, but I do not like that. I prefer the
word unit which is the word used in BEP documents.
However, profski, I must admit that the documents to
not use it in exaclty the same sense that we
collectors use it.

Someone can and will find some pairs like this. Phil
is a good candidate because of the way that he digs!
We sure need some pairs like these to illustrate in
the MPC book to help people understand the concept!

Thanks for bringing this up in chat and let's go find
some pairs!

I received the Lyn Knight Currency [sic] Auctions
catalog for the Memphis sale. Wow, what a catalog,
color throughout. It is surprising that it does not
include any MPC, but it does include some exciting
military notes. Most notably a Series 1934 North
Africa $10 (CU). This is a very rare note indeed.
Knight says and I agree that it is probably the rarest
non-star small size note. Of course the star version
of the same note is unique. We will certainly examine
these notes, watch the sale, and report on the
results.

I expect that the Smythe auction will include some
MPC, but I do not have any advance word on that.
Have a great day.

Fred







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please respond to this address or to fred@papermoneyworld.com

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