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 Replies: 20 / Views: 16,725 |
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Pillar of the Community
United States
1358 Posts |
You sure hit the jackpot there!
Plate position is C1. Looks like the sheet got folded and shifted after printing and prior to cutting, as others have said. Did you get the notes from circulation? (ATM/teller, etc.) And if so, was its left edge still folded over?
Edited by coinsearcher83
06/27/2016 11:29 pm
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New Member
 United States
5 Posts |
Wow! The wealth of information is amazing here. The story I got from The Collector is his friend was filling an ATM machine when he noticed the bill. He replaced the three twenty dollar bills with his own money and took those three bills. Take it for what it's worth.
I'm really on the fence about getting it graded by PCGS. Will I be able to get my money back out of these bills if I put them up for auction?
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Pillar of the Community
United States
1812 Posts |
I would recommend you have all 3 notes certified in a 3 Note Holder, and as for recovering fund's spent, any serious error collector will have no problem paying a premium for bookend serials..
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Pillar of the Community
United States
1812 Posts |
I had to jump from my Tablet to Laptop to post my vertical & horizontal errors (direction of paper fold in sheet), along with what a 3-note holder would look like.. The notes in the 3-note holder are the only three examples that can be classified as "experimental overprint error" notes since the series 1963 introduction of $1.00 Federal Reserve Notes .. The top note is a Natick Test Paper note printed in August 1981, followed by both Web-Press overprint error notes (printed in December 1992 & July 1993).. Web-Press notes were printed from 1992 to 1996 (4 1/2 years) and PMG refuses to acknowledge them as Experimental Test Notes (then again, PMG is NOT as good as they were in 2006/2007).. I did get to use my 30+ year old steel ruler with 1/10" increments to measure the percentages of the cutting error.. If your 3 notes were mine, I would have them in a 3-note holder ASAP.. The total certification fees shouldn't exceed $150.00 ..      |
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Pillar of the Community
United States
1812 Posts |
Quote:
The story I got from The Collector is his friend was filling an ATM machine when he noticed the bill. He replaced the three twenty dollar bills with his own money and took those three bills. His friend was smart enough to pull all three notes.. From the angle of the cut, there may be 7 more cutting errors from this sheet.. If this were a poll question, I would Vote they be Certified as a set..  |
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New Member
United States
5 Posts |
Thanks for all the advice. I was so set on getting them graded and slabbed. I received an offer from a dealer for 250 bucks. Should I take the offer or still get them graded and slabbed? I don't collect paper money so my intent is to sell it. I am not a greedy person I just want a fair offer and I have no idea on the value
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Rest in Peace
United States
7075 Posts |
If you're happy with the offer -- go ahead and take it but I think you can get 3 times that much. Maybe more.
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Pillar of the Community
United States
3516 Posts |
 you could get a lot more than 250 for this. |
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Pillar of the Community
United States
1812 Posts |
None of us are allowed to make you any type of offer at this time, and to sell to a Dealer will net you a small amount of what the 3 note set if worth..
I say this as a past Dealer..
My PMG certified cutting error has a retail value around $750 in Extra Fine..
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New Member
United States
5 Posts |
Thanks everyone! I am going to send it off to be graded and slabbed!
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Rest in Peace
United States
7075 Posts |
Please post again when you get them back. I'm curious about what grade they will get.
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Pillar of the Community
United States
1358 Posts |
Outta curiosity, is there any chance the middle note gets an uncirculated grade even though it has a fold? (since the fold occurred during printing and all)
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Pillar of the Community
United States
1812 Posts |
Quote:
Outta curiosity, is there any chance the middle note gets an uncirculated grade even though it has a fold? (since the fold occurred during printing and all) A note with a fold receives a AU Grade, if this is holdered with the fold intact (as released from the BEP) it should receive a UNC grade, but lose eye appeal in the width of the note (IMO). Edited by Broken-Coin
07/01/2016 3:38 pm
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Pillar of the Community
United States
1812 Posts |
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Pillar of the Community
United States
1812 Posts |
Quote:
A note with a fold receives a AU Grade, if this is holdered with the fold intact (as released from the BEP) it should receive a UNC grade, but lose eye appeal in the width of the note (IMO). Looks like I am WRONG  .. When I first started collecting Currency many years ago, Grading was simple, a note with a Fold/Crease in the design could grade no higher then AU.. To my surprise, PMG gives a GEM-66 Grade on a Fold Over Error, showing a strong Fold/Crease.. Does anyone know when this change had come about!! Now I'm curious how the Posters Note, with a light fold & extended width is going to grade..  |
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Replies: 20 / Views: 16,725 |
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Posted 06/28/2016 06:52 am
