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PMG is the Official Grading Service of the Paper Money Forum
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BestestDad Show full post »
 
BestestDad
Nice note. One of the notes I look for when I go to shows. Man I really miss going to shows!!
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maxcrusha (aka Greg)
1934 Hawaii $20front.jpg 
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maxcrusha (aka Greg)
BTW, 204's are considered non mule 1934's... correct?  Are non mule 1934/non 204's more rare?  Or 204's are the most rare?
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BestestDad
That is a SWEET note radar flip!!!!
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BestestDad
The 1934 non-mules are way more rare than the 1934 mules. I believe back plates 317 and lower for the 1934 series are non-mules. @Scooter1 said there are only 3 known of the 1934 Lfb 204s
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Scooter1
BTW, 204's are considered non mule 1934's... correct?  Are non mule 1934/non 204's more rare?  Or 204's are the most rare?


1934 bp 317 or lower non mule … I assume 204’s would be non mule
PMG shows 26- 1934 non mules & 3- 204’s.  PCGS ? 0DF61CAB-C042-4B77-979E-187379DDD56D.jpeg
Edit … Bestest dad and I must have been typing at same time😀
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maxcrusha (aka Greg)
the small size Schwartz book (yes, outdated) showed me $1600 in VF for a non mule 1934...  but only $100 in VF for a 204.  That confused the heck out of me
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maxcrusha (aka Greg)
1934A radar as well...

hawaii $20 radar front.jpg 
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Scooter1
the small size Schwartz book (yes, outdated) showed me $1600 in VF for a non mule 1934...  but only $100 in VF for a 204.  That confused the heck out of me


Me too , that is confusing.
or should I say SOLD 😀

nice radar & flipper … very cool 👍
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BestestDad
My edition says PRICELESS😄
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kasper001
Here is my 1934A BP 204... ZZZ-US - Late Back Plate 204 - Fr.2305 (FRN) Hawaii - 1934A $020.00 - .jpg 
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BestestDad
Nice looking Hawaii 20 Bp 204 
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gnat
BTW, 204's are considered non mule 1934's... correct?  Are non mule 1934/non 204's more rare?  Or 204's are the most rare?


1934 ("plain") $20 204 backs are in fact Mules.  The 204 plate, while originally created in the "Micro" era (under 317), it was not completed and used for production until well into the "Macro" plate era. In fact, the "204" is a "Macro" sized back plate serial number paired with a "Micro" front plate. Thus it is a Mule. 

However, since very few 1934 $20 Hawaii face plates were still in production at this time, most of the limited number of 204 backs were paired with series 1934A front plates. This is true across the entire $20 Federal Reserve notes of that time. 204 back plates are found on series 1934, 1934A, 1934B and 1934C.  The 1934C notes are extremely rare as very few of these new plates had gone into production by the time the 204 back plates were retired and/or stocks of printed 204 backs depleted.  The 1934Bs are the next scarcest, followed by the 1934, and, as stated, the 1934A being the most common pairing.

The Hawaii $20s were overprinted on San Francisco District face plates, with the 3rd printing being in brown ink instead of green. And a 4th and 5th printing (the black "HAWAII" on the front and back), were added.

The 1934 $20 Hawaii Non-Mules are quite scarce, and as mentioned above, no CU examples are known. 

An Example of the 1934 204 lfp Mule.

1934 204 Back L87095917A.jpg 

A High Grade 1934 Non-Mule

1934 $20 Non Mule L30565941A.jpg 
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BestestDad
Have any of the 1934 $20 Lfbs ever been sold at auction? 
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gnat
BestestDad wrote:
Have any of the 1934 $20 Lfbs ever been sold at auction? 


Yes. Heritage has sold a couple.  The prices realized were way too low for this rarity, but with little good information on these, that is what happens. If one were to come on the market, I would not be surprised to see strong bidding.
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