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Replies: 51 / Views: 7,538 |
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Bedrock of the Community
Canada
10743 Posts |
Quote: How could this possibly happen and there not be a bunch more out there with a similar serial number error. Maybe there is TNG. 
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Rest in Peace
1988 Posts |
TheNickelGuy, I took printing in high school for 4 years and we printed with number tumblers to place numbers on various printed material.
YES, we did have them stick and the numbers were different, but we got rid on them and started from where we left off.
The only hole in this idea is if this happened and they caught it at the higher number (BFC2670003) and then fixed it...That would mean there is 4010 bills with different serial numbers floating around in circulation.
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Bedrock of the Community
United States
10284 Posts |
Quote: That would mean there is 4010 bills with different serial numbers floating around in circulation. You would think they caught on with that many then. Perhaps they did but some maybe still escaped.
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Rest in Peace
1988 Posts |
Maybe they did TheNickelGuy, but one stuck to the pack, but then again they are printed in big sheets, so if one survived then you would think the whole sheet survived...?
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Pillar of the Community
Canada
1166 Posts |
The way it was explained to me was that the digits are set initially by hand. During use, the numbers can get gummed up and they stick. This produces stuck digit notes, missing digit notes and if they begin to rotate again, then you get mismatched serial number notes and they will continue to produce the error until it is caught.
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Rest in Peace
1988 Posts |
Sounds good to me ikandiggit.
When I was in the printing game it was done a little different I guess.
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Bedrock of the Community
United States
10047 Posts |
I do a lot of photo alteration for publication. After years of this you get used to seeing inconsistencies in manipulated images. Conversely you also get an eye for inconsistencies in legit pics. I am not saying this image is manipulated. I am saying that from the pictures posted, the bill, to me, looks genuine. Some have shown where the design goes across the crease - this was the first clue of legitimacy I saw when I started reading this thread. Also the intricacies of the design matching on both sides of the crease is just too perfect looking to be an altered bill.
Nowadays there is a lot of high tech out there that I am not aware of, but there is no obvious (or not so) residue from adhesive (unless they had nanobots weave the threads back together from two bills!). From the pics I say it is legit. So I am looking forward to either learning a good lesson or, better yet, being able to congratulate Baanos on his good find.
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Pillar of the Community
Canada
1700 Posts |
Due to my experience in days in China, this could be fake, even if there's a watermark. Please keep this in mind.
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Bedrock of the Community
United States
10284 Posts |
So how is this situation progressing?
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Valued Member
 Canada
290 Posts |
Hello all, as it was requested, I am providing you with a little update on the situation. I sent my note to PMG and they have confirmed that they have received it. I chose WORLD ECONOMY SPECIAL, and they received it I believe on the 15th of May, the ESTIMATED TURNAROUND is 28 working days and their CURRENT TURNAROUND is 62 working days, so I'm guessing I should receive this back approximately on around the 20th of June. Also, I contacted the RCNA and inquired about their auctions, I may be able to put this up for auction in October, Forex it's called if I remember correctly. Bad news, to me at least, is that they told me I won't get too much for my note, not more than 2 or 3 hundred dollars, because of its condition, which is VF. I was expecting a little more than that and I've already spent over 100$ to get this graded, this is why I'm a little disappointed right now.
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Moderator
 Canada
10463 Posts |
I am curious, why did you send it to PMG? Obviously, it was not of a gem uncirculated grade, and the costs are so much to use PMG... usually PMG is where you send really rare or valuable notes.
I notice in your profile that you are from Montreal, so why didn't you have Louis Chevier at CCCS examine it and certify it? I would assume authentication is more important than someone telling you the grade for this note (since it was circulated). Louis Chevier probably knows paper money better than he knows how to grade coins. It would have cost you less than $25. Or, you could have brought it to the next Nuphilex show in Montreal, in November, and any number of higher end paper money dealers, including Louis (CCCS is present at that coins show) could have told you if it was authentic...
I guess my point is, everyone was so quick to tell you to get it certified, but you are really only paying a lot of money for an opinion. There were plenty of other options to get a professional opinion, without spending $100....
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Bedrock of the Community
United States
10284 Posts |
Hey thanks for the update! Best of luck to you on it and the value is not set in stone. You never know. 
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Valued Member
 Canada
290 Posts |
The reason I sent it to PMG and not to any certifier in Canada is because of what I heard about their international reputation, seemed to me like the best bet and I did believe my note was rare and valuable. And I did not know any better.
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Moderator
 Canada
10463 Posts |
Fair enough. I have not been in those same shoes with paper money, but I guess I would treat it like an error coin. I am glad you are sharing this, because there is a lesson here. I think the message would be to take the note to a coin show (raw) first, and see what the dealers offer you, to get a sense of market value (bearing in mind that dealers usually profit 25-45% from their 'buy' prices). Then decide if, and where, to certify the note.
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
Edited by SPP-Ottawa 05/23/2012 11:36 pm
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Valued Member
 Canada
290 Posts |
Alright guys, finally it has been graded. It is indeed genuine and was graded a 40 with a small tear. I'm quite happy :) I will post pictures as soon as I receive it.
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Replies: 51 / Views: 7,538 |