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*discovery Of The Decade Overprint Error*

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Broken-Coin's Avatar
United States
1812 Posts
 Posted 06/01/2019  5:03 pm Show Profile   Bookmark this topic Add Broken-Coin to your friends list Get a Link to this Message Number of Subscribers
This is not your normal misaligned / shifted black overprint error one would expect to find on a $1 Federal Reserve Note.

When I posted this on my facebook wall, Fred Bart replied;

Quote:

Discovery of the decade!
I have never seen this combination and, admittedly,
until now hadn't remotely considered the possibility.


Excerpts from "US Error Note Encyclopedia (2nd Edition)" by Stephen M. Sullivan on Page 79 (Misaligned Black Portion of Overprint) on $1 FRN's and Page 81 (1 Color in Overprint Misaligned on Silver Certificate) is included and notes a 4th printing operation for printing signatures.

This seems to have a combination of both, on the Federal Reserve Note the Date & Signatures are part of the 2nd printing, on Silver Certificates, the date and signatures required a 4th printing operation.

This is also a Mule back plate #445 originally used on the series 1957B Silver Certificates.

This note was in my "Watch" folder while deciding if I should purchase it or not since the BIN price was over double that for a normal shifted black overprint error.

The seller didn't describe the note as it is (I don't think they knew what it was either), and their bottom price was still double that of a normal error when I decided to go for it.

After receiving this, I went back on ebay and picked up some series 1957B Silver Certificates with the same back plate numbers to include with the better series 1963 Mules.

With Bart's comment, I'm now happy I went for it and can't complain about the price paid.





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Edited by Broken-Coin
06/01/2019 5:06 pm
Pillar of the Community
QuarterHoarder72's Avatar
United States
2156 Posts
 Posted 06/01/2019  5:22 pm  Show Profile   Bookmark this reply Add QuarterHoarder72 to your friends list Get a Link to this Reply
Nice bills! Love seeing these.
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SteveInTampa's Avatar
United States
4637 Posts
 Posted 06/01/2019  5:25 pm  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
Thanks Vernon. Some of favorite errors are the obvious but seldom seen errors.
Edited by SteveInTampa
06/01/2019 5:26 pm
Bedrock of the Community
Coinfrog's Avatar
United States
94367 Posts
 Posted 06/01/2019  7:50 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Zowie! Way above my pay grade.
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jbuck's Avatar
United States
188213 Posts
Valued Member
United States
93 Posts
 Posted 06/02/2019  01:58 am  Show Profile   Bookmark this reply Add sullysullinburg to your friends list Get a Link to this Reply
Very cool note you have there. How did you come across it?
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Broken-Coin's Avatar
United States
1812 Posts
 Posted 06/02/2019  10:19 pm  Show Profile   Bookmark this reply Add Broken-Coin to your friends list Get a Link to this Reply
I tried posting screenshots of the item & description here and learned you can't post screenshot photos here.

It was listed on the Bay as
Quote:
$1 Federal Reserve Note Major Print Shift Over
and with a BIN price $170.

I offered $125 , still over the listed FRN value & was rejected immediately.

I then offered $135 and we agreed on $150.

I graded this a Fine to VF Moderate Black Overprint Shift with a estimated value of $75 as listed for a FRN.

The Silver Certificate chart for the same type error is more generous & I could triple my price paid.

This turned out to be a combination of both, & since the note was overprinted on COPE, I can chart the other 15 serial number's from this sheet that should match this error if requested.


*discovery-Of-The-Decade-Overprint-Error*
*discovery-Of-The-Decade-Overprint-Error*
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