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PMG is the Official Grading Service of the Paper Money Forum
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jordon
I've been interested in courtesy autographs for years, and one thing that's always puzzled me is how many notes autographed by Ivy Baker Priest are less than UNC. Most seem to be VF; I even had a hard time finding one in AU.

Typically, for autograph purposes the Treasurer and Secretary give out (or are given) brand new notes. I still have the presentation folders for some. Not so for Ms. Priest, apparently. Was she fond of signing notes she came across in circulation? Did more people keep her autographed notes as pocket pieces?

I'm not sure, but the current Heritage weekly auction has a clue: a courtesy autograph on a hoard note!

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Assuming the hoard was legit (I'm not familiar with the Hotel Buyers Hoard), does this mean autographed notes ever circulated in significant amounts?
Florida and Washington state Nationals; engraving errors and varieties; courtesy autographs
SPMC LM449
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Cody71086
Hotel Buyers Hoard was just the name given to a group of notes purchased by roaming "dealers" that set up in hotels, notify the media about their presence, and the public shows up to sell to them. Typically they...for lack of better words...rip people off. We're talking paying $5 over face for rare stars and $50 for $20 Gold Pieces kind of rip offs. A former big dealer supposedly bought a bunch of notes from these hotel buyers and slabbed them.

Take these pedigrees with a grain of salt. Because as long as you paid the $5 per note pedigree fee you could have them say whatever the hell you want. Several were made up for marketing purposes. I would laugh at the absurd ones as I entered them.
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Steve in Tampa
The note highlighted above appears to be a wallet piece. Folded in half and folded again, living in someone’s wallet waiting for the perfect opportunity to be taken out, unfolded and shown off. Ivy Baker Priest and Mary Ellen Withrow were prolific autograph signers for their era. I have both a 1935E and a 1957 $1 Silver Certificate autographed by Priest. Both appear UNC.
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Numbersman
I have this one hanging on the wall in my office.I love it because of the serial number as much as the courtesy sig.

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mikelaw

Nice courtesy autographs. Interesting way to collect. 

 

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Mike
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jordon
Cody71086 wrote:
Hotel Buyers Hoard was just the name given to a group of notes purchased by roaming "dealers" that set up in hotels, notify the media about their presence, and the public shows up to sell to them.


Thanks, Cody, that explains the part about the "hoard." It's nice to have so many knowledgeable people here.
Florida and Washington state Nationals; engraving errors and varieties; courtesy autographs
SPMC LM449
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BigBillFan
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