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 Replies: 18 / Views: 7,837 |
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Pillar of the Community
United States
1796 Posts |
Good to see you informed! :-) That means you're ahead of the game.
As for a price, I'm going to have to defer to the paper currency collectors here who will probably be in soon to voice their opinions.
All I can say is that it's certainly desirable and will command a nice premium as it's a rare star note from that printing.
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New Member
 United States
4 Posts |
Thanks I appreciate the feedback. First time visiting this site but there are some cool things and I will definitely be coming back and possibly start collecting. ( If I can prove to my wife this wash't a bust ) Lol
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Rest in Peace
United States
7075 Posts |
 There is a $2 star note with a similar error on the bay right now. There are four days left in that auction and it already has bids. So see how that one does and you should have some idea. Good luck! |
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Valued Member
United States
447 Posts |
My suggestion is to keep this note VERY well protected from damage and to get it graded ASAP.
That will cost you, but it will give the note more credibility and therefore boost the price.
Very nice find.
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New Member
United States
36 Posts |
Awesome find! I wish I had something more interested to add other than just "congrats" and good eye!
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Pillar of the Community
United States
1812 Posts |
This is one sweet note...
This error happened in the COPE-PAK operation (Currency Overprinting and Processing Equipment, Packaging), and judging from the serial numbers being in the correct possition, either a 32 subject or 16 subject (1/2) Sheet was rotated 180 degrees after receiving the 3rd printing (Seals and Serial Numbers), then entered the cutting operation rotated 180 degrees (wide boarder on back, partial second note on the front) and the result is what you have in hand.
At first glance one would think that it would be a mis-aligned second printing error, but the serial number location and extra wide border on the back eliminates that theory as a mis-aligned second printing would have the Serial Numbers off set and the borders on the back would be more centered...
It could be possible that the BEP inspector placed more then one sheet rotated when returning this back into production, but I doubt it..
The great thing about this note is that it is a replacement star note, and this would make a excellent birthday note for someone born in Dallas, Texas on July 4,2013 (07/04/13 and the Dallas Federal Reserve Bank)...
I would recommend either PMG or PCGS holder this error as it would bring more when you sell it...
It is hard to give a retail value on this note as if more than one person wants it, there is no telling how high the bids would go, but I would place a minimum price at $500 Certified...
I love errors and would bid on it if I had the funds to do so...
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New Member
United States
4 Posts |
Thank you for your reply. I can finally admit that I paid $275 for it. Seemed pricey at first but after research and sitting and admiring it I am completely happy with the purchase. I am going to a PMG retailer first thing in the morning to see about getting it certified and an appraisal. Once again thanks for your input!
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Pillar of the Community
United States
1812 Posts |
I think you will atleast double or triple your investment...
If I owned this note and was selling it, I would focus on the birthdate error note, I know I would like to have a error note with the serial number 07201953 (my birthdate).
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Moderator
 United States
56855 Posts |
to CCF. I don't want to rain on your parade but how can you tell if it's a real error or if someone just bought a sheet and cut it them self that way?That's the first thing that came to my mind when I say it. John1  |
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Pillar of the Community
United States
5864 Posts |
Quote:
how can you tell if it's a real error or if someone just bought a sheet and cut it them self that way? I could be wrong, but I think it's because the obverse shows part of another note on the top but the reverse doesn't, indicating some sort of misalignment. But, yeah -- I had the same question when I first saw it... |
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Pillar of the Community
United States
1796 Posts |
I didn't think they sold star note sheets. Do they?
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Moderator
United States
56855 Posts |
I don't know. John1 |
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Pillar of the Community
United States
1397 Posts |
Edited by Nickelman
09/05/2012 10:56 am
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Pillar of the Community
United States
1812 Posts |
The last time I purchased uncut sheets from the BEP was 15 - 20 years ago... This was when the BEP sold only One & Two Dollar Sheets (nothing above the Two Dollar denomination was available) and back then all sheets serial numbers started with 99------ so one would know if a "fake" error was made and offered for sale... To me this was important as I had a one dollar note that looked like this note, but the serial number was a lower production run number for circulation, and after sending photos to Coin World, was advised that it was a genuine error that was rotated in the COPE-PAK operation... HOWEVER, as pointed out in this thread, the BEP did sell low serial number sheets of Twenty Dollar Notes... I was totally unaware of this and had the numbers started with 99------ I would have known for certain that it was a fake... This changes everything as yes, it is possible to duplicate this type of error on a uncut sheet (and that stinks) - [don't want the bad word filter to kick in]... Knowing what I know now, if I were still purchasing error notes of this type, I would see if the BEP has a chart listing serial numbers for uncut currency they sell to the public so-as not to be victimized with fraud... I don't understand why the BEP would stray from their high serial number sheets for sale that prevented this sort of thing from happening... It looks like I am now retracting my original comment above as I'm thinking "this is not good" and I don't want to give out any type of false information, and if this is indeed from a uncut sheet, I wouldn't pay face value for it... I personally apologize to the poster of this thread as I was commenting on a genuine known error type and not some post BEP manufactured error... [59 and still learning] |
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Pillar of the Community
United States
2295 Posts |
This site doesn't list any 2004 EK $20 star notes that were sold as uncut sheets, but he also states the list isn't complete either, so it isn't 100% conclusive about that note not coming from an uncut sheet. http://www.uspapermoney.info/general/uncut.htmlNo expert currency collectors around? |
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Posted 09/04/2012 9:25 pm
