‘Paper Money of the United States’ now in its 22nd edition



The 22nd edition of United States Paper Money, Widely regarded as the standard reference work on American paper money, has been published by the Coin & Currency Institute.

In 1953, the late Robert Friedberg (1912-1963) broke new ground when the Treasury Department first authorized the printing of photographs of American paper money. The 328 pages of the current edition feature notes from the greatest collections of American currency, as well as most of the greatest rarities, all reproduced in color. Over the past three decades, it has been fully developed, revised, and edited by Arthur L. Friedberg and Ira S. Friedberg, Robert’s sons.

The 22nd edition of United States Paper Money, like any price book, is a snapshot in time – and when the new edition debuts it reflects a stable market for paper money, with high scarcity or higher quality banknotes often setting price records at every time they are sold. All valuations are adjusted to reflect market conditions, which are mostly upward. Prizes are given up to seven states of preservation, from Very Good (VG-8) to Gem Uncirculated (Gem 65).

Along with a new format which the publisher says is easier to read, the 22nd Edition also features several other important additions and revisions, including notes that were not previously known to exist.

From the first year of federal paper money, 1861, to the present day, the faces and backs of all classes and types of currency, in denominations of 3 cents to $ 10,000, are shown. These are accompanied by a list of texts, describing and pricing each variety of paper money ever issued – over 10,000 prices in total.

With nearly 1,000 color photographs, the result is a comprehensive pictorial, descriptive and numismatic history of United States mint, according to the publisher.

There are additional sections on continental and colonial currency (banknotes issued from 1680 to 1788), Treasury notes from the War of 1812, considered by some to be the first national paper currency, a complete list by type of state issues Confederates of America, and sections devoted to paper money errors, postal envelopes, a new section on postal tickets and locked postage stamps. The last three forms of money, along with fractional money, were created to address the lack of money needed for trade during and after the Civil War.

The annexed list of the 14,348 national banks which operated from 1863 to 1929 also indicates the number of banknotes known for each bank issuing banknotes. The appendix also includes information on uncut sheets of small notes, including modern issues sold by the Bureau of Engraving and Printing.

Collectors of paper money depend on the Friedberg Numbering System, a uniform method of cataloging banknotes that is the international standard for US currency. This numbering shortcut, along with the hundreds of photographs, is designed to allow anyone to locate a specific banknote, and allows a dealer to advertise a banknote without needing a detailed description.

A panel of recognized paper money experts assisted the authors, enabling them to establish accurate and up-to-date ratings for all issues.

The book is printed in the United States and is available in three formats. A low-cost, easy-to-carry softcover version costs $ 45.95. A long-lasting hardcover copy with stitched binding is priced at $ 69.95. E-book editions are priced at $ 29.95 on a USB stick (for PC only) or as a digital download (suitable for multiple formats), where it’s also available for day-long rental. Books are available or can be ordered from bookstores, coin and paper money dealers, and bookstores on the Internet.

Copies can also be obtained from the Coin & Currency Institute, PO Box 399, Williston, Vermont 05495. Shipping is free within the United States. Call toll free 800-421-1866. Contact the publisher by email at [email protected]

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