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 Replies: 8 / Views: 3,144 |
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New Member
United Kingdom
6 Posts |
Just wondered if I could get a valuation of some notes.
Three $5 notes, consecutive numbers.
The middle note, has an error on the back. (Its missing 90% of the back).
This is a huge error, and stands out remarkably.
All notes are in brand new condition, never used etc. My parents took the notes straight out of a machine brand new, and put them in plastic wallets and kept them for me before I was born.
A rough date on the notes is 1984-1985.
cheers :)
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Valued Member
Cyprus
349 Posts |
Hi and welcome.
If you put up some photos of the $5 notes showing both sides that would be helpful.
Regards,
Ozzie
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New Member
 United Kingdom
6 Posts |
   Have more on request, didnt want to make the post too image heavy. - J ASE |
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Moderator
 Australia
16816 Posts |
It looks legitimate to me, and I would say that that indeed is quite a treasure. While valuing error notes is a bit "hit and miss", the 2009 Renniks catalogue puts this class of error at several hundred dollars, at least, up to a couple of thousand for high-grade examples. I find it curious that despite missing all the other black ink stages, it was, nevertheless, numbered. The black ink is applied on these notes in three stages: first the main design, then the signatures, then finally the serial numbers. presumably two sheets stuck together through most of the printing process, only to separate at the last minute when the numbers were printed.
In theory, it should have a counterpart, a note with no black ink printed on the back, since the error was caused by two banknote sheets sticking together through the printing process. Perhaps that defective sheet was spotted and removed, leaving this one behind for numbering.
Given that it has a serial number on it, and that you also have the two numbers on either side of the error, I'd say this would indeed be a prize that error note collectors would pay top dollar for. If you plan on selling them, DO NOT split them up - I'm sure they're much more interesting and valuable as a triple.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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New Member
United Kingdom
6 Posts |
These are indeed legitimate, and have been in my family since my mother took them out an ATM in Australia. She kept them, and gave them to me. Unsure of the quality assement on notes though, and what these would class as. They are in very good condition, however. (As the pictures I have show.
I was also wondering why the serial numbers printed, and nothing else. Maybe the other notes I possess have a double print? I have no idea :)
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New Member
United Kingdom
6 Posts |
Any rough valuation on these? And does anyone want to buy know or know anyone who is interested? - J ASE |
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Pillar of the Community
Australia
1040 Posts |
You can't sell here until you get to a certain post count, 250 I think it is. What you have is am impressive error and will be in high demand from the error collectors. You might want to do a completed listing search of ebay Australia to see if there are any comparable examples to gauge value. If you were in Australia you could take them to a few dealers and get an idea of value, or even put them up at an in room auction. I would expect them to fetch a few hundred dollars. Condition is the all important factor as to how many hundreds they could make. I am not sure who would be best to take them to in the UK. Maybe you could post in the UK section of the forum asking for recommendations. |
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Moderator
Australia
16816 Posts |
Error notes are typically more valuable in the country of issue. I'm not sure who to take it to in the UK for valuation or sale. You might try contacting your nearest chapter of the International Banknote Society (there are three in Britain); they would likely have better local knowledge of banknote dealers that might pay a fair price for it. Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Valued Member
Australia
363 Posts |
Recently a very similar two dollar error (missing print) sold on ebay for $450. These notes are very sought after. What makes this note even more special is that "PKF" is the first prefix of the OCR-B lettering with the Johnston-Fraser signatures. Of course it could also be a general prefix from 1983 Johnston-Stone as the prefix letters seemed to overlap. Cheers |
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Replies: 8 / Views: 3,144 |
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Posted 09/21/2010 05:19 am
