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Miscut New $100 Bills

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New Member

United States
3 Posts
 Posted 11/19/2013  7:23 pm Show Profile   Bookmark this topic Add djvalentine732 to your friends list Get a Link to this Message Number of Subscribers
i work at a place where a lot of money comes through and I came across two sequential bills that are off center and the top blank border is missing on both of them and extended on the bottom. was wondering if there was value to them. any help would be awesome!

Miscut-New-$100-Bills
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oih82w8's Avatar
United States
7840 Posts
 Posted 11/19/2013  7:29 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
Defiantly out of the ordinary, I would have them certified. You would need to find the right person who specializes in error-notes, auction may be the best option.
Edited by oih82w8
11/19/2013 7:31 pm
Valued Member
Voshus007's Avatar
United States
442 Posts
 Posted 11/19/2013  7:32 pm  Show Profile   Bookmark this reply Add Voshus007 to your friends list Get a Link to this Reply
Yes I would agree to get them certified because you could probably sell them for a pretty penny while the hype is still up on the new hundreds.
New Member
United States
3 Posts
 Posted 11/19/2013  7:45 pm  Show Profile   Bookmark this reply Add djvalentine732 to your friends list Get a Link to this Reply
thanks for the help guys I will keep you posted.
Rest in Peace
Buddy's Avatar
United States
7075 Posts
 Posted 11/19/2013  7:47 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply


If you're not a collector and therefor not inclined to find out about certification etc. -- you could just check the interweb for the next nearest coin and/or currency show.

Just keep them safe and flat, then shop them around and get some offers.
New Member
United States
3 Posts
 Posted 11/19/2013  7:50 pm  Show Profile   Bookmark this reply Add djvalentine732 to your friends list Get a Link to this Reply
I am not a collector but I do work at a check cashing location and large amounts of money are always passing through so I try to keep my eyes open for things out of the ordinary. They came right from a new crisp stack of 10,000 which came from a shipment of 100,000 all in sequential order. Would a local coin shop be able to certify or should I stay away from such a place.
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Buddy's Avatar
United States
7075 Posts
 Posted 11/19/2013  8:20 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
A coin shop cannot certify the coin. It must be sent in to a company like PCGS. It can cost a lot to get it certified.

I think their cheapest rate is around $24 but that is with a slow turn-around (that is, you'll get it back after all the people who paid more get theirs back) and you can only submit if you're a member ($49).

Dealers tend to send in a bunch of things and get better rates -- so they could get it certified and sell it for a lot more, just as you could. But it will cost you more and you will have to do some work.

So you have to decide how much you want to invest in it -- time and money. If you sell on ebay, having it certified will put buyers at ease that they aren't fakes. If you sold it in person to a dealer at a currency show, you wouldn't have to worry about that because they can tell.


If you do live near a coin shop, you could stop in and buy some bill sleeves -- they are plastic holders that protect the bills and they cost about Twenty Cents.

Check the net for local clubs and local shows. You'll find some interested people and whoever buys it will sell it for more on another day.

Just don't make yourself crazy over it. If you sell it to a dealer he will sell it to someone else for more -- and you're not in a position to reach those customers unless you want to get it certified and sell it online.
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Collector-Corner's Avatar
872 Posts
 Posted 11/19/2013  9:33 pm  Show Profile   Bookmark this reply Add Collector-Corner to your friends list Get a Link to this Reply
Check out the http://www.ngccoin.com website. Down at the bottom there is a PMG (paper money guarantee). I don't know exactly what the fees are for paper money, but I am sure you can call them, and get an email address. Get everything in writing to protect yourself, as phone conversations are just hearsay. Have them break the price down if you send in both bills. Many TPG services sometimes have a hard time accepting submissions that they are unfamiliar with, and if its a first, they may not take the submission, or it may take a long time to process. So be careful which grading tier you use, because they aren't going to get it back to you in a few days - more than likely - if your in no hurry, then maybe you can do one of the lower tiers and save money.

IF you go to other dealers, I am sure internally they may be drooling and want your merchandise for a cheap price. Look/ask to see similar bills and see what they have them for sale. Look on google and see if you can find any. Typically the better condition the bill is in - especially the newer ones - the better.
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XavierOfGreen's Avatar
United States
2589 Posts
 Posted 11/20/2013  01:11 am  Show Profile   Bookmark this reply Add XavierOfGreen to your friends list Get a Link to this Reply
To submit to most grading companies you need to be part of their collectors club or an authorized dealer. For your purposes (since your only submitting two notes and I assume don't plan on doing so regularly), the cheapest way would be to submit through an authorized dealer. PMG mentioned above is probably your best bet, I would contact them and see where the nearest authorized dealer you can submit through is in relation to your vicinity.
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Broken-Coin's Avatar
United States
1812 Posts
 Posted 11/21/2013  4:30 pm  Show Profile   Bookmark this reply Add Broken-Coin to your friends list Get a Link to this Reply
To determine if this note is a miscut error or a Mis-aligned error, we would need a photo of the reverse side.

A mis-aligned error would show a centered printing (higher value) on one side and the mis-cut would show wide borders on both sides.
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schris252's Avatar
United States
368 Posts
 Posted 11/22/2013  3:55 pm  Show Profile   Bookmark this reply Add schris252 to your friends list Get a Link to this Reply
i would sell these as soon as possible while people are still interested in the "new" hundreds. $200 is alot to have tied up in bills that "may" or "may not" have a premium.
if you get $20 premium for them , SELL
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