| Author |
 Replies: 24 / Views: 7,458 |
|
New Member
United States
9 Posts |
Yesterday at work I got a funny cut $1 from a brand new band of singles that were banded by the federal reserve so its never been circulated either. I've looked around the web and haven't seen anything like it. There are two creases because it was folded inside the band. When folded it is the shape of a dollar bill. Anyone have an idea if it'd have value?  |
|
|
|
Valued Member
United States
239 Posts |
Im not sure, will have to wait and see if another person can comment on value.
Most of the errors like this do not show this much extra note(typically whatever extra of another note shown, an equal amount is missing from the main note). Yours has a full note plus some. Also the extra note portion is cut at a weird angle. Originally thought is was cut from a sheet, but the serial number is too low.
|
|
New Member
 United States
9 Posts |
It was the bottom bill in the band. All my other bills were normal.
|
|
Pillar of the Community
United States
1812 Posts |
Quote:
Yesterday at work I got a funny cut $1 from a brand new band of singles that were banded by the federal reserve so its never been circulated either. IMO this was done outside the BEP from a sheet of uncut currency, and NOT a genuine error. |
|
New Member
United States
9 Posts |
While I've been researching this several sites warned that bills with serial numbers starting "99" are fakes because uncut sheets start with numbers "99". My bill starts "90".
|
|
New Member
United States
9 Posts |
I'm on my way to the coin shop in town and see if the guy there can enlighten me at all. I'll update with what he has to say.
|
|
Pillar of the Community
United States
1812 Posts |
I forgot to  you... Giving it a little more thought, it may be possible for this sheet to have folded after receiving the 3rd printing and prior to cutting. With the serial number endind in 400, this would be the bottom note in a band of 100 notes. Let me check the serials to see if this is part of run 15 printed for circulation or serials for uncut sheets sold to collectors... (back shortly) |
|
Pillar of the Community
United States
1812 Posts |
Back again. In June 2013 the Fort Worth branch printed $1.00 FRN's Serial Numbers G64000001F to G96000000F (RUN 15) with no printing of uncut sheets. With that said, it looks like you have a GENUINE cutting error note.  As a side note, my interest is in error coins and currency. I have a few 3rd print on reverse error notes and have been putting off making a COPE chart to see what the other serial numbers are for other 31 notes from the same sheet. Spending the last 2 weeks with this, I now feel 99% confident I have found a way to chart the other serial numbers in the exact plate numbers where the serial number is assigned. |
|
Pillar of the Community
United States
1812 Posts |
One of my 3rd print on reverse errors is on a web-press note, and since web notes have no plate letter/location number on the face, I found a way to chart the exact plate location and giving me a way to locate the other 31 serial number errors from this sheet. I learned this when checking my series 2009 $1.00 FRN's printed at Fort Worth to see if the 3rd printing was done on the COPE or the new LEPE equipment.  |
|
Valued Member
United States
239 Posts |
I too fogot to you as well bluept Now that we know a little more and that it is a real error, I would expect a couple hundred up to a thousand. Not an easy one to identify value as this might be a unique error |
|
New Member
United States
9 Posts |
The guy at the coin shop said almost the exact same thing Broken Coin said in his second post about the sheet folding after the 3rd print but before cutting. He was surprised it passed quality control. He gave me a name and number of a guy who deals more with paper currency. He was nice enough to give me a plastic sleeve for it. I offered to pay and he said bringing in the note for him to see was payment enough.
|
|
New Member
United States
9 Posts |
Thanks for the welcomes everyone. I came across this group while I was researching what I have and figured if there was a group of people to ask about this it'd be this group. Thank you all.
|
|
Rest in Peace
United States
4078 Posts |
Quote:
I came across this group while I was researching what I have and figured if there was a group of people to ask about this it'd be this group. CCF |
|
Rest in Peace
United States
7075 Posts |
You might want to get this graded by a guarantee company so that you have proof that it is a genuine error -- just in case you decide to sell it some day. Perhaps a note collector can make a recommendation..... |
|
Pillar of the Community
United States
1812 Posts |
Quote:
You might want to get this graded by a guarantee company so that you have proof that it is a genuine error -- just in case you decide to sell it some day.  Should you have this note certified as a genuine error, I would recommend you contact PMG via eMail with the information above and ask if there would be a problem placing this in a holder due to the added width. I used them back in '06 when I had a 3rd print on reverse WEB Note and 20£ Bank of England error with 3 sets of serial numbers, and they were more then happy to help with the 20£ error also. I would also mention this is the 1st time I actually viewed a genuine error of this type as every other note I've seen was made from a sheet of uncut currency, and with that said, I would have this holdered without hesitation. This note was a joy checking out when I realized it was genuine. |
|
New Member
United States
9 Posts |
Thank you for all the advice. This will be an adventure for me as I'm a novice at this. Thank you everyone.
|
| |
Replies: 24 / Views: 7,458 |
Posted 10/25/2013 12:01 pm
