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Fake Error Note?

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New Member

United States
10 Posts
 Posted 11/07/2008  02:55 am Show Profile   Bookmark this topic Add mkeane911 to your friends list Get a Link to this Message Number of Subscribers
I had a question about a note that I just purchased on ebay, I have been collecting error notes for quite some time and have been pretty good at spotting the fakes, I noticed that the note I purchased could be fake but it was to late to do anything about it, I reported the item to ebay and they are having it reviewed by the American Numismatic Association.The purpose of this question is to see in your opinion about the authenticity of the error in this note, I know that you have no obligation to help me but I thought your expertise would be some assistance.

The note is an offset note, the seller states that the note is bleeding through from the back to the front, if the back was bleeding through the word "one" would be written backwards and this is not the case, is there anyway possible an error like this could occur or is this most likely a fake.

the listing and item info is
http://cgi.ebay.com/ws/eBayISAPI.dl...180304139512

I have also attached a picture of the note. Any feedback that you have would be greatly appreciated and I thank you very much for your time.

Fake-Error-Note?
Fake-Error-Note?
Edited by mkeane911
11/07/2008 12:05 pm
Valued Member
clembo's Avatar
United States
442 Posts
 Posted 11/07/2008  09:12 am  Show Profile   Bookmark this reply Add clembo to your friends list Get a Link to this Reply
I'd be wary of it for sure. Here's a back to front transfer that I have and WAS found in circulation.
Fake-Error-Note?

Notice the back is a mirror image of the normal back. This is due to the way the sheets are stacked.

I also notice the other items he's selling. Silk screened items? Wonder if that note didn't take a bit of silk screening.
New Member
United States
10 Posts
 Posted 11/07/2008  11:59 am  Show Profile   Bookmark this reply Add mkeane911 to your friends list Get a Link to this Reply
Thank you for the reply, I did notice that he is also selling silk screened posters. I did email a few coin dealers that are really familiar with error notes and this is one response that I got.

While reviewing this it seems that the reverse ink plate struck the obverse ink plate with no paper between and the next piece of paper that went through got struck with the plate that has ink from both sides. It seems to be authentic but it is hard to tell from a picture. It is not a bleed through they incorrectly labeled it. The other option is to submit it to PMG (Paper Money Guarantee) in Sarasota, FL which is part of NGC, for authentication. Thank you
Rest in Peace
pyrbob's Avatar
United States
1943 Posts
 Posted 11/07/2008  7:17 pm  Show Profile   Bookmark this reply Add pyrbob to your friends list Get a Link to this Reply
Interesting. It is also a star note. Thanks for sharing this.
Valued Member
clembo's Avatar
United States
442 Posts
 Posted 11/07/2008  8:39 pm  Show Profile   Bookmark this reply Add clembo to your friends list Get a Link to this Reply
Have you questioned the seller on this?

He seems to know what star notes are so why not? I'd be polite but ask him.

Feedback is 0 man. I am VERY leery of this one. Let me ask a friend who would REALLY know.

clembo
New Member
United States
10 Posts
 Posted 11/07/2008  9:19 pm  Show Profile   Bookmark this reply Add mkeane911 to your friends list Get a Link to this Reply
clembo

i was going to ask the seller about it, but in his description he claims that his wife got it as a tip so he will just pleed ignroance about the authenticity of the note, its going to be reviewd by the American Numsimatic Association, so if it is fake then I wont have to proceed with the purchase.

The one dealer that has gotten back to me so far did provide an explanation about how an error note like this could occur. I will def keep you posted with any new info that I get.
Valued Member
clembo's Avatar
United States
442 Posts
 Posted 11/07/2008  11:11 pm  Show Profile   Bookmark this reply Add clembo to your friends list Get a Link to this Reply
mkeane911

Good to hear that you're doing your homework as I lost the information to get in touch with my buddy (at least till I find it).

I read the "explanation" from the dealer and honestly it doesn't seem all that possible to me. If I'm not mistaken overprints are generally caused by sheets being placed on one another BEFORE the ink is dried from a previous printing.

I could be wrong but man I'm really not confident in that particular note. Keep me posted.

clembo
New Member
United States
10 Posts
 Posted 11/08/2008  01:36 am  Show Profile   Bookmark this reply Add mkeane911 to your friends list Get a Link to this Reply
Clembo

I did like the response that I did get from one coin dealer who did look at the note, because he at least described a situation where this type of error could happen he said:

While reviewing this it seems that the reverse ink plate struck the obverse ink plate with no paper between and the next piece of paper that went through got struck with the plate that has ink from both sides. It seems to be authentic but it is hard to tell from a picture. It is not a bleed through they incorrectly labeled it. The other option is to submit it to PMG (Paper Money Guarantee) in Sarasota, FL which is part of NGC, for authentication. Thank you
Pillar of the Community
wd1040's Avatar
United States
3098 Posts
 Posted 11/08/2008  02:00 am  Show Profile   Bookmark this reply Add wd1040 to your friends list Get a Link to this Reply
I think that we can rule out the fact that the error is a bleed, because it's pretty hard for any type of ink to bleed through any kind of banknote paper, especially the rag that the US uses. Also if it IS a bleed through, shouldn't it be a mirror image?

The two plates striking each other could be possible, but wouldn't the image also be on the reverse?

Also just to add, all the notes I have seen with this mistake has been a reverse image, so either this is a one in a million error or a fake. I think you should consult with more people or agencies first to be sure.
New Member
United States
10 Posts
 Posted 11/08/2008  02:05 am  Show Profile   Bookmark this reply Add mkeane911 to your friends list Get a Link to this Reply
wd1040

Thanks for the reply the listing is being reviewed by the ANA to try and verify if this note is authentic, like you said this is probably a one and a million chance and its also a star note which probably makes this one in a billion, I won the auction for a little over $50 so not much money lost if it ends up being fake, and a HUGE amount gained if it ends up being real, I am waiting to see what the American Numismatic Association has to say about the note before any payment is paid to the seller. if I end up buying the note I will probably send it PMG to be authenticated.
Edited by mkeane911
11/08/2008 02:08 am
New Member
United States
10 Posts
 Posted 11/08/2008  5:17 pm  Show Profile   Bookmark this reply Add mkeane911 to your friends list Get a Link to this Reply
Here is another response I received from an error collector that has knowledge in errors.

I looked at note and it seems like a genuine back to front overprint due to either a plate wiping error or back printed first then overprinted with second printing. It seems real but can be verified with a hipowered microscope to make sure it was not overprinted by scanning over it. If scanned it will portray a series of small dots to make up printing. If real it would all look perfectly printed with no breaks in any lines. Try scanning the back if a $1 note to see what I mean. This would also be a nicer error if real as it is a STAR NOTE
Valued Member
clembo's Avatar
United States
442 Posts
 Posted 11/09/2008  12:52 am  Show Profile   Bookmark this reply Add clembo to your friends list Get a Link to this Reply
mkeane911

I know I keep raising my doubts but I can't help it. Just seems to me an error of this magnitude, especially a star note, would have garnered a lot more attention.

I sold a mismatched block note years ago for a friend (CE/CI) and it went for $800. The big dog error dealers were watching and it ended up in one of those guys' hands.

I hope for your sake it's legit but methinks it isn't the more I look at it.
New Member
United States
10 Posts
 Posted 11/09/2008  01:12 am  Show Profile   Bookmark this reply Add mkeane911 to your friends list Get a Link to this Reply
Clembo

Trust me that did cross my mind too, but it did end with 19 bidders,the thing is that it also wasnt listed under the category errors and I only found it when I did an ebay search under "rare" so maybe that drew less attention. I think I am going to wait to see what the American Numismatic Association has to say and if I end up buying the note then sending it to be authenticated
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