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 Replies: 11 / Views: 5,417 |
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Pillar of the Community
United States
781 Posts |
Hi all Firstly, I am not a currency/coin collector. I have some items in a tiny "collection", but I don't actively collect. Having said that, I am here from the stamp forum to ask you all about this $20 I have. My graphics program won't allow me to use/save a scan or photo of the full bill. Below is all I can show you:  The seal is all messed up. Nothing else printed in black looks messy like this. The bill has the watermark, strip, etc. Is this an error, or just a sloppy bill that got past quality control? JD |
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Pillar of the Community
United States
9792 Posts |
Looks like a printing error of too much ink or blob of ink, doubt it has much value beyond face.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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Pillar of the Community
 United States
781 Posts |
That is what I was thinking. I just have never seen such a smudge on paper money before. Thought it was odd. When you feel the seal, it has a "thickness" to it. I might keep in anyway... we shall see...
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Pillar of the Community
United States
1397 Posts |
Generally the first note in a bundle has the serial number look like that, I haven't ever seen the seal look that way, but I suspect there is a connection. I think it has something to do with COPE-PAK processing the bundle and smearing the top note's overprint. And before you ask COPE-PAK IS Currency Overprinting, Processing Equipment and Packaging. Machines employed by the Bureau of Engraving and Printing to first overprint currency, examine it for quality control, and then cut, band, and shrink-wrap the newly printed notes. The finished product looks like the picture below. By the first note I mean it was at the top of one of these due to the serial number ending in 001:  |
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Pillar of the Community
United States
781 Posts |
Hmmmm... interesting... so my note was the top bill in such a pack?
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Pillar of the Community
United States
1397 Posts |
Yes those bundles have a thousand notes in them so the first number is either going to be 001 or a star note. The last serial will either be 000 or a star and if the first note is 9001 then the last two notes will automatically be star notes since serials ending in 9999 and 0000 are not intentionally circulated on modern notes.
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Pillar of the Community
Mexico
1304 Posts |
Wow, I just learned something...and I have never seen a pack of bills like that. Then again, I haven't seen much American money or an American bank in quite a while.
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New Member
United States
19 Posts |
"9999 and 0000 are not intentionally circulated on modern notes."
Why is this? You've got me really interested.
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Pillar of the Community
United States
1397 Posts |
Those two sheets are pulled and inspected to make sure everything is printing properly (and that the digits on the serial number rolled over correctly) and then burned. The two sheets are replaced at the time they are pulled with star note sheets to keep everything running.
Also be aware that when one note on a sheet ends with a certain number like 0000 then ALL notes on that sheet end in the same numbers since notes on a sheet are not consecutive.
Once in a while those two sheets will slip by and be circulated so when you find a 9999 or 0000 note in circulation save it as it is a collectors item. So far I have found one, but it is from the 60's before those sheets were regularly pulled for inspection.
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Pillar of the Community
979 Posts |
i have seen a strap where somebody got the last bills in it. the one that end 9999 and 0000 and the series was 2009.
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Pillar of the Community
United States
511 Posts |
As a fan of the denomination, I could go for a brick of $2s. A brick of $50s or $100s would be fantasyland on my budget.
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Pillar of the Community
United States
1397 Posts |
Quote:
As a fan of the denomination, I could go for a brick of $2s. A brick of $2's is 4 bundles, so 4 x 1000 x $2 = $8000 |
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Replies: 11 / Views: 5,417 |
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Posted 11/02/2011 7:13 pm
