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Does Anyone Else Have One Of These 1988 FRN's

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The Bill Collector's Avatar
United States
486 Posts
 Posted 10/15/2012  11:29 am Show Profile   Bookmark this topic Add The Bill Collector to your friends list Get a Link to this Message Number of Subscribers
Does anyone else have one of these FRN's
Bill Collector

Does-Anyone-Else-Have-One-Of-These-1988-FRN's
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GR58's Avatar
United States
11951 Posts
 Posted 10/15/2012  12:38 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
I have to say I don't have one like that ...but I think it is pretty interesting

Does the paper feel right?
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oih82w8's Avatar
United States
7840 Posts
 Posted 10/15/2012  1:13 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
Are you referring to the small green stamps above the signatures?
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GR58's Avatar
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11951 Posts
 Posted 10/15/2012  1:25 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
Maybe I should have asked .. Is it counterfeit or just stamped that
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fioti's Avatar
United States
4212 Posts
 Posted 10/15/2012  1:34 pm  Show Profile   Bookmark this reply Add fioti to your friends list Get a Link to this Reply
My guess it's a genuine note that someone fooled with. I believe it would have been destroyed. Certain collectors would pay a premium for such a piece. Let's hope this isn't a fad.
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The Bill Collector's Avatar
United States
486 Posts
 Posted 10/15/2012  1:45 pm  Show Profile   Bookmark this reply Add The Bill Collector to your friends list Get a Link to this Reply
Yes,
The paper feels right and looks right, but I cant see any fibers in it with a 5 X eye loop. I'm not sure if it's a counterfeit or not, if it's a counterfeit it's a very good one, but why would anyone make a counterfeit $ 1.00 ?.

If I could find another one and it had the same serial number then we would know for sure.

I've had it a long time and have never seen another one.
I'm going to put the Photo on a few other currency sites hoping that someone has seen one before.
Bill Collector
Valued Member
United States
141 Posts
 Posted 10/15/2012  1:45 pm  Show Profile   Bookmark this reply Add WVUcoins to your friends list Get a Link to this Reply
I have to agree. The note looks real. I think some one with too much time on there hands stamped this note.
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Broken-Coin's Avatar
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1812 Posts
 Posted 10/15/2012  2:58 pm  Show Profile   Bookmark this reply Add Broken-Coin to your friends list Get a Link to this Reply
@The Bill Collector,

Under 5x magnification my focal point would be on the sharp clean engraving lines on the entire note, and not the red and blue fibers that seem to be less in recent years (IMO)...
All the engraving should be uniform with even lines, etc., and do a side-by-side examination with what you know is a genuine note for line comparison...

I set my zoom level to 500% to check your note and found the photo too fuzzy to examine, but my gut feeling is that this is a genuine note do to no rips or tears on the numerous existing creases, and besides, who is going to have a stamp "made in japan"...
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oih82w8's Avatar
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7840 Posts
 Posted 10/15/2012  3:07 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
If someone wanted to have fun with "stamps" they should make a "backed by China" stamp, since they owe them so much in "loans".
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biokemist6's Avatar
United States
12437 Posts
 Posted 10/15/2012  3:23 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
I am sure your FRN is perfectly legitimate, it is the equivalent of a WheresGeorge.com stamp. Back in the 1980s, Japan was purchasing large amounts of Treasury debt and also on a real estate buying spree. I would imagine that this stamp is a bit of a protest in regards to those actions by Japan.
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Nickelman's Avatar
United States
1397 Posts
 Posted 10/15/2012  5:54 pm  Show Profile   Bookmark this reply Add Nickelman to your friends list Get a Link to this Reply
I remembered someone posting one of those a couple of years back so I did a search. Turns out it was you!

https://goccf.com/t/77135&SearchTerms=japan
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The Bill Collector's Avatar
United States
486 Posts
 Posted 10/15/2012  6:07 pm  Show Profile   Bookmark this reply Add The Bill Collector to your friends list Get a Link to this Reply

Yes Nickelman,
It's the same bill that I posted a few years ago, thought that maybe there were a bunch of new members that may have seen one, I still have not seen or heard of another one. I'm still not sure it's a real bill but it sure looks like one, just don't know why it's stamped the way it is.
Bill Collector
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Nickelman's Avatar
United States
1397 Posts
 Posted 10/15/2012  6:25 pm  Show Profile   Bookmark this reply Add Nickelman to your friends list Get a Link to this Reply
10 to 1 it is just a joke.
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The Bill Collector's Avatar
United States
486 Posts
 Posted 10/15/2012  6:31 pm  Show Profile   Bookmark this reply Add The Bill Collector to your friends list Get a Link to this Reply
Your probably right Nickelman, I just thought maybe a bunch of them were stamped and someone else had seen one.
Bill Collector
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wquinn's Avatar
United States
2295 Posts
 Posted 10/17/2012  10:23 am  Show Profile   Bookmark this reply Add wquinn to your friends list Get a Link to this Reply
Pretty strange. I've never seen nor heard of one. Good luck in finding the answer.

Is it worth posting on where's george?
http://www.wheresgeorge.com/

I did a search on it and nothing came up on that serial #.
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biokemist6's Avatar
United States
12437 Posts
 Posted 10/17/2012  10:44 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
You have to remember that this is a 1988 note that was most likely stamped in the late 1980s-early 1990s. Coupled with the fact that the average lifespan of a $1 FRN is about 2 years, the survival rate of circulated stamped bills is bound to be pretty low 20+ years later.
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