1977 $20 Notes - Coin Community Forum

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Author	Replies: 7 / Views: 1,574
scurry64 Pillar of the Community United States 900 Posts	Posted 02/15/2012 09:14 am Someone came to me with these 2 1977 $20 notes. They both have a very odd reverse. It appears as though the image bled through the paper because the obverse image is backwards on the reverse. What are your thoughts on this? Report this Post to the Staff

amida17 Pillar of the Community United States 4897 Posts	Posted 02/15/2012 09:19 am I believe they are called a wet transfer? But I am not really a currency collector....really cool either way! Report this Post to the Staff
John1 Moderator United States 56855 Posts	Posted 02/15/2012 10:28 am It is called a wet ink transfer and they are both nice ones. Here is a comparison to give you an idea of value http://www.ebay.com/itm/10-FRN-1974...em5890c2720d John1 Report this Post to the Staff
scurry64 Pillar of the Community United States 900 Posts	Posted 02/15/2012 10:36 am Here are some additional pictures. Report this Post to the Staff
Broken-Coin Pillar of the Community United States 1812 Posts	Posted 02/15/2012 1:24 pm I used to own a few of these notes some years back... Should you want to sell them, I would recommend that they be certified by either PCGS or PMG (part of NGC) as I have seen many fake errors on ebay... I believe you have genuine error notes, and certification fees will be recovered when you sell them as the buyer will know they purchased a genuine error and not a fake... Report this Post to the Staff
wquinn Pillar of the Community United States 2295 Posts	Posted 02/23/2012 3:28 pm Pretty amazing notes. So you bought them for face value? Do you work in a bank? You are lucky to find such incredible notes. Report this Post to the Staff
lettow Pillar of the Community United States 742 Posts	Posted 02/23/2012 3:44 pm This is known as an offset transfer. It happens like this. When the sheet is contacted by the plate below the sheet is a piece of cloth. If a sheet is not fed into the press the image on the plate is transferred to the cloth. The image is then picked up on the back side of the next sheet in reverse image. This will continue until all the ink is off the cloth. The image will get lighter and lighter as sheets are fed through the press. These are full transfers and are the best kind to have. It is possible to fake this, however, and fakes have appeared in the market. I am not suggesting these are fakes. I am just putting out a word of caution when you see these on ebay and other venues. One way to tell a fake is if the image is too clear. The image should have a textured look due to the weave of the cloth. Report this Post to the Staff
scurry64 Pillar of the Community United States 900 Posts	Posted 02/23/2012 3:56 pm Quote: So you bought them for face value? Do you work in a bank? You are lucky to find such incredible notes. These notes were found in the safe deposit box of a deceased relative of my co-worker. They were stored in a #10 envelope for who-knows-how-long. The notes appear to be CU, but I am a LMC collector, not a note collector. I suspect the decedent knew he had something valuable considering where he chose to store them, along with the fact that he had a small coin collection as well. My co-worker knew I was a coin collector and though I might be able to tell her about the notes. Which brings me to this: Thank you all for the insight and information you provided here. Report this Post to the Staff
	Replies: 7 / Views: 1,574

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