BC-56dA

[miclac]

Anyone knows why 1986 $5 BC-56dA so special?

[Nota_phil]

Picture?

[miclac]

from Charlton

IMG_5920.JPG (1.14 MiB) Viewed 46529 times

[Nota_phil]

That's a great picture of the catalogue's pricing panel! It should help explain the premium for the
1986 $5 BC-56dA Knight-Thiessen ANH (between 3.560M and 3.960M) perfectly.

The first reason is that the ANH prefix is a signature change-over (which started with Bonin-Thiessen up to 3,519,999) which you can see above on the pricing table picture. So the ANH prefix is short (tough) to begin with.

Secondly, I am pretty certain that the "Knight-Thiessen ANH (between 3.560M and 3.960M)" were reserved for insert function & not all 400,000 were released. This would mean that even fewer collectors caught this particular insert since this was the early days of insert replacements & most collectors would have been searching for Bonin-Thiesssen (BC-56cA) ANX (easily identifiable) replacement notes. When I started collecting the BIRDS were in the dying days & the Journey series was just starting. I remember a lot of collectors looking for high range serial number replacements. The low serial number range replacements (like the ANH) were the scarce ones & few collectors were getting their hands on these (just to bring in some collector context & what I can remember).

NOTE: how 200,000 ANX were issued (1/2 the number of ANH) but the BV for VF is only $8.00 compared to $20.00 for the ANH insert.

Now having said all that, keep in mind also that these figures are from the pricing panel's collective opinions (on what is tough & what is in demand).

Hope that helps!

[miclac]

thanks for your information

[TBH]

In the Charlton catalog numbering system the suffix upper case A, always indicates replacement notes.

[Nota_phil]

In the Charlton catalog numbering system the suffix upper case A, always indicates replacement notes.

That's correct @TBH! Thanks for pointing that out.
Getting back to the snapshot of Charlton's pricing table, one can see that there are upper case A (identified replacements) prefixes with the last letter X, such as BC-56cA Bonin-Thiessen FNX or BC-56cA-i Bonin-Thiessen ANX. Both notes would be considered obvious replacements due to the X.

After the FNX replacement, we can also see BC-56cA Bonin-Thiessen GPH (Between 9.820M and 9.840M). This is an insert replacement b/c a 20,000 # range was found inserted in other bricks of notes at the time while the printers were phasing out X replacements. This was a very small range & it has a high BV of $45.00. The ANH insert replacement (400,000) is 20X more common but must have been elusive just the same. The last insert replacement is the GPZ replacement (within 9.0M-9.8M) for the Knight-Dodge signature & with a range of 800,000 was pretty common.