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 Replies: 51 / Views: 6,322 |
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Moderator
 United States
14463 Posts |
collectable coins and bills have been finding their way into circulation these days. Either people spending some of their collection, or collections going to heirs that don't know their value.
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Pillar of the Community
United States
1285 Posts |
That's a nice "printed fold over"
You should contact reputable dealers for a good price as this could be worth some serious money $300 to $700 or more depending on how it grades.
IF it is considered a "major printed fold over" then you are looking at the higher end prices.
Good luck....DO NOT fold it....and store it in a currency sleeve.
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Pillar of the Community
United States
1812 Posts |
If you could post a high resolution photo, those of us that know currency can tell you exactly what you have...
Yours looks like a fold over in the 3rd printing (COPE-PAK process), and currency is printed in 3 stages;
1) Reverse Side
2) Front Side
3) Seals & Numbers (COPE-PAK = 3rd printing, cutting, counting & packing)
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Pillar of the Community
United States
1397 Posts |
OK I would like someone to explain something to me because I don't get it. This note was on the B1 sheet position which means there was one note above it and it was on the left edge. It is my understanding that once a 16 note sheet goes into COPE-PAK it is over-printed, cut and packaged all in one process. If that is correct then why is the note cut correctly? Shouldn't it have the lower portion cut off (see photo) and have the section of the A1 note attached to it (indicated by the dotted line)?  In order for this to happen wouldn't it have to have been over-printed then the folded sheet opened up and then continue on through the process of cutting and packaging? |
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New Member
 United States
18 Posts |
Sorry, I can't figure out how to upload a high res image to this discussion page.
Chris
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Pillar of the Community
United States
1285 Posts |
Nick,
I looked at this closely and had a feeling you would manipulate the pic etc... anyway.....good question
My thought is that the notes in A1 positions were errors as well.....
Pm if you have any questions.
Edit below
There WERE other errors in this batch of notes sheets etc.
Edited by Ceylon62
09/24/2012 7:51 pm
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New Member
United States
18 Posts |
Hi Nickleman,
If the printers had noticed the folding error and then run the sheet again, wouldn't they be aware of the error, inspect the new sheets, and then pulp the faulty notes involved?
Seems odd that once the folding mistake happened that they would just continue to try and print them anyway.
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New Member
United States
18 Posts |
P.S. Nickelman
Thanks for your excellent visual analysis of how the error obviously occurred! Now I understand the process behind the error. And also thanks for raising the interesting question of why a corner of the note wasn't cut off in the cutting machine. Interesting! Still hoping this might be a bit more than just a common error :-).
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Pillar of the Community
United States
1397 Posts |
Quote:
My thought is that the notes in A1 positions were errors as well. Yes A1 would also be an error because the K is missing from the right serial number meaning that note was attached when printed. That isn't the issue I was referring to. The sheet would have to have been over-printed then removed and unfolded before the cutting process in order for the note NOT to be miscut with the lower corner missing and the rest of A1 still attached. Quote:
Seems odd that once the folding mistake happened that they would just continue to try and print them anyway. It's more than odd, it's against policy. Damaged or misprinted notes are supposed to be burned and the sheet replaced with a star note sheet. |
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New Member
United States
18 Posts |
A big note of thanks to the 'Coin Community Family". I just wanted to thank all of you that have weighed in on my 'weird dollar note'. I collected coins as a child and am still an active stamp collector. For sure, it was my knowledge of stamps that caused me to jump on this note (and pay $10 on the spot for it from the confused customer at the food shop) since I am knowledgeable about the potential value of errors like this at least so far as the stamp world is concerned (even though I know nothing about paper currency errors or values). This forum is just fantastic and I am so happy I discovered this site! Edited by Bryan1315 to upload pictures, this is the exact size that was sent to me, click on the picture to enlarge it  |
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Moderator
United States
15469 Posts |
Indeed ccburt ... pleased to have you here with us for the discussion on what appears to be a fabulous error bill. Not sure where this thread will end up relative to definitive conclusions on authenticity or value ... but I have enjoyed the discussion so far. Hoping you have a true winner here.  David |
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Bedrock of the Community
United States
14454 Posts |
I have emailed the op telling him if he wanted he could attach an unedited photo to a reply to my email and I would upload the photograph for him for all of you
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Pillar of the Community
United States
2295 Posts |
Pretty interesting error note.
And Nickelman, that is great on how you edited the photo to show how it got printed like that.
I can't wait to see the new photos of it.
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Bedrock of the Community
United States
14454 Posts |
I have edited the OP's last post and added the photographs to his post. The photographs are the exact same size as he sent to me so you can click on the images and they will open up in a new window. The images were only 500+KB (under 600KB) in size so they aren't huge but thats what he sent me so thats all I had to work with
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Pillar of the Community
United States
7840 Posts |
I am fairly certain that an unknowing individual acquired this note from a collection and spent as a Dollar.
I would have it sent in (PCGS or PMG) and certifed.
Edited by oih82w8
09/27/2012 4:12 pm
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Replies: 51 / Views: 6,322 |
First Page
Posted 09/24/2012 05:05 am
