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1954 1 Dollar Note Error - Please Help

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robmck1967's Avatar
Canada
870 Posts
 Posted 02/14/2014  5:19 pm Show Profile   Bookmark this topic Add robmck1967 to your friends list Get a Link to this Message Number of Subscribers
Hey everyone.

I need your help on this $1 note. terrible pictures but I took them hastily at the LCS. they just got it in and I would like some opinions on value and what you would call this error and how did it happen.

the obverse is normal but the reverse has a mirror image of the obverse in the black ink across part of the reverse. you can see how it lines up perfectly with the obverse and then what looks to be a fold where it ends.

I would liketo make a fair offer to them for it so any help on a value would be appreciated too!




1954-1-Dollar-Note-Error---Please-Help

1954-1-Dollar-Note-Error---Please-Help
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SHAFTA9a's Avatar
Canada
10743 Posts
 Posted 02/14/2014  5:48 pm  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list Get a Link to this Reply
I don't know what to tell you to offer but, go and buy it quick!!


Now!
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yingyang's Avatar
Canada
1823 Posts
 Posted 02/14/2014  6:14 pm  Show Profile   Bookmark this reply Add yingyang to your friends list Get a Link to this Reply
Looke like 1\2 Wrong Side Printing

IWould buy it.


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Domain555's Avatar
United States
1804 Posts
 Posted 02/14/2014  6:16 pm  Show Profile   Bookmark this reply Add Domain555 to your friends list Get a Link to this Reply
IMO


Go Go Go Go

Just pay up.

I Think
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robmck1967's Avatar
Canada
870 Posts
 Posted 02/14/2014  6:28 pm  Show Profile   Bookmark this reply Add robmck1967 to your friends list Get a Link to this Reply
they wouldn't sell it on the spot because they wanted to do a little more research on it. I said I would come back saturday with a fair offer and some info on the note.
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Canada
5324 Posts
 Posted 02/14/2014  6:28 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
You have about a 1\3 offset printing error, maybe 200.00 if it was full offset 500.00
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yingyang's Avatar
Canada
1823 Posts
 Posted 02/14/2014  6:36 pm  Show Profile   Bookmark this reply Add yingyang to your friends list Get a Link to this Reply
offer them $100 tops
Edited by yingyang
02/14/2014 8:29 pm
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Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 02/14/2014  10:00 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply

Quote:
they just got it in and I would like some opinions on value and what you would call this error and how did it happen.


Offset printing error (30-40% offset).

Book value in Unc. is $225.

This usually happens when a wet sheet of freshly printed notes is placed on top of another sheet.

Edited by Canadian-Banknotes
02/14/2014 10:05 pm
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robmck1967's Avatar
Canada
870 Posts
 Posted 02/14/2014  11:14 pm  Show Profile   Bookmark this reply Add robmck1967 to your friends list Get a Link to this Reply
thanks for all your valuable opinions. I hope I can make an offer to them that they will accept. I'll post here if I get it.
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robmck1967's Avatar
Canada
870 Posts
 Posted 02/15/2014  4:17 pm  Show Profile   Bookmark this reply Add robmck1967 to your friends list Get a Link to this Reply
just curious...is there supposed to be a sheet of paper (or something?) that goes between the sheets of banknotes? is that why there is such a sharp end to the transfer of ink?

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Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 02/15/2014  4:43 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply
Not that I'm aware of. Usually the sheets are dry when they are stacked though.
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o-train's Avatar
Canada
519 Posts
 Posted 02/15/2014  5:35 pm  Show Profile   Bookmark this reply Add o-train to your friends list Get a Link to this Reply
I like it. Reminds me of a brockage except on a note instead of a coin. For the banknote experts: This is ink transfer from another note right? I can see the serial number from the other side of this note (2280629). Is there a reason the serial number from the other note wasn't transferred onto this note?
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robmck1967's Avatar
Canada
870 Posts
 Posted 02/15/2014  6:58 pm  Show Profile   Bookmark this reply Add robmck1967 to your friends list Get a Link to this Reply
the notes are printed on the sheets first and then the sheets are fed into the one that prints the serial numbers.

I would still like to know how the transfered ink stops at that perfect angled line and the mirrored ink is perfectly in line with the obverse.
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robmck1967's Avatar
Canada
870 Posts
 Posted 02/22/2014  11:12 am  Show Profile   Bookmark this reply Add robmck1967 to your friends list Get a Link to this Reply
http://www.ebay.com/itm/331131867910?nav=SEARCH

for those that are interested...this is now on ebay. they didn't accept my offer of $100 :(



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robmck1967's Avatar
Canada
870 Posts
 Posted 02/24/2014  5:36 pm  Show Profile   Bookmark this reply Add robmck1967 to your friends list Get a Link to this Reply
interesting...this didn't sell on ebay. maybe they will take my offer of $100 , make that $90, now. LOL

Pillar of the Community
Canada
5324 Posts
 Posted 02/24/2014  8:26 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
Save your 100.00 and buy a full offset for 600 to 1000.00 they are really cool notes.
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