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MPC Gram
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Vol 1 Number 69 July 21, 2000
News and Views
Ladder notes are very similar to solids with respect to the number printed. Ladders are notes with serial number 12345678. Serial number 01234567 is also a ladder, but generally not quite as desirable as the other type although there is no real good reason for this distinction. Partial ladders as 00012345 are also interesting and popular, but much less so than full ladders.
One of the most interesting aspects to me is that the full ladders lend themselves to analysis. In order to have a 12345678 ladder, a note must have had a printing of at approximately 12.5 million pieces had to be printed. For the "traditional" 90/94 piece set of MPC, that means that 32 ladders were printed.
However, for 01234567 ladders, only 1.24 million pieces (approximately) were needed for the creation of a ladder. This means that all issues had 012… ladders!
Just as with solids, retention is one of the most important considerations. Ladders were less noticeable to users and in my opinion somewhat less likely to have been saved and retained.
Here is an interesting additional twist. At least a few 0123… ladders were printed in replacement form! It is not certain how many of these were printed, but there were at least a few. For examples, position 71 of sheet 1567 of the second unit (of 8000 sheets) would be serial number 01234567. Study/analysis of the replacement survey data should make it possible to estimate how many of these "short" replacement ladders were printed. However, no such replacements have been reported in collections.
Be sure to check the trading post below.
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Letters
Your letters needed.
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Calendar
In this section we will highlight MPC chat, MPC Fest, and MPC gram events. Other events will be mentioned as they get close. For planning purposes see the papermoneyworld.com calendar of events.
The next major show is the American Numismatic Association Convention (August 9-13). This year the convention will be in Philadelphia. 25 years ago the ANA convention was one of the major events for paper money. Now with the development of so many successful paper money shows (and of course the MPC Fest), its importance has diminished, but it is still an important show. Because it is such a big and important show, you cannot help but find some good paper there. Marv Mericle's great MPC collection will NOT be on display as promissed because of family and administration problems. We are certainly sorry to hear about that, but hope that all goes well with Marv and that we will see the exhibit again soon.
I will be there the entire time and will be pleased to chat MPC with you!
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Trading post
Your classified advertisement for items for sale will be run here for free. Send your ads to the gram.
Very nice Australian War bond as listed in WWII Remembered. You can have a pair of one pound bonds (one each large and small size) for only $50 (for the pair!). These are particularly nice examples and will make a great addition to your collection. For particulars and to reserve your bonds, contact MPCKid at HARBONS@aol.com.
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please respond to this address or to fred@papermoneyworld.com
---------------------------------
Do You Yahoo!?
Get Yahoo! Mail - Free email you can access from anywhere!
--0-1649760492-964222114=:17055
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=======================================================
MPC Gram
======================================================
Vol 1 Number 69 July 21, 2000
News and Views
Ladder notes are very similar to solids with respect to the number printed. Ladders are notes with serial number 12345678. Serial number 01234567 is also a ladder, but generally not quite as desirable as the other type although there is no real good reason for this distinction. Partial ladders as 00012345 are also interesting and popular, but much less so than full ladders.
One of the most interesting aspects to me is that the full ladders lend themselves to analysis. In order to have a 12345678 ladder, a note must have had a printing of at approximately 12.5 million pieces had to be printed. For the "traditional" 90/94 piece set of MPC, that means that 32 ladders were printed.
However, for 01234567 ladders, only 1.24 million pieces (approximately) were needed for the creation of a ladder. This means that all issues had 012… ladders!
Just as with solids, retention is one of the most important considerations. Ladders were less noticeable to users and in my opinion somewhat less likely to have been saved and retained.
Here is an interesting additional twist. At least a few 0123… ladders were printed in replacement form! It is not certain how many of these were printed, but there were at least a few. For examples, position 71 of sheet 1567 of the second unit (of 8000 sheets) would be serial number 01234567. Study/analysis of the replacement survey data should make it possible to estimate how many of these "short" replacement ladders were printed. However, no such replacements have been reported in collections.
Be sure to check the trading post below.
========================================================
Letters
Your letters needed.
========================================================
Calendar
In this section we will highlight MPC chat, MPC Fest, and MPC gram events. Other events will be mentioned as they get close. For planning purposes see the papermoneyworld.com calendar of events.
The next major show is the American Numismatic Association Convention (August 9-13). This year the convention will be in Philadelphia. 25 years ago the ANA convention was one of the major events for paper money. Now with the development of so many successful paper money shows (and of course the MPC Fest), its importance has diminished, but it is still an important show. Because it is such a big and important show, you cannot help but find some good paper there. Marv Mericle's great MPC collection will NOT be on display as promissed because of family and administration problems. We are certainly sorry to hear about that, but hope that all goes well with Marv and that we will see the exhibit again soon.
I will be there the entire time and will be pleased to chat MPC with you!
====================================================
Trading post
Your classified advertisement for items for sale will be run here for free. Send your ads to the gram.
Very nice Australian War bond as listed in WWII Remembered. You can have a pair of one pound bonds (one each large and small size) for only $50 (for the pair!). These are particularly nice examples and will make a great addition to your collection. For particulars and to reserve your bonds, contact MPCKid at HARBONS@aol.com.
please respond to this address or to fred@papermoneyworld.com
Do You Yahoo!?
Get Yahoo! Mail - Free email you can access from anywhere!
--0-1649760492-964222114=:17055--