Derek Higgins already appears to have made what will be the U.S. small-size variety discovery of 2022. He reeled in the first reported $1 Series of 1935A late-finished back plate 470 from the JC serial number block; namely, J97077064C-J4115-470. The note arrived on Feb.19, his 32nd birthday—quite the memorable present!
Late-finished 470 $1s rank as the rarest of the late-finished small size varieties with only a handful reported. All the other reported specimens are from the KC block.
Notes bearing back plate serial number 470 were first recognized as odd by Leon Goodman who owned Elgee Coins in New York City and was the Goodman of the Goodman-Schwartz-O’Donnell Standard Handbook of Modern U.S. Paper Money published in 1968. What stood out to Goodman was the peculiar intermediate size of the 470s on the notes,
