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1 Dollar Error Note

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New Member

United States
7 Posts
 Posted 12/21/2010  7:44 pm Show Profile   Bookmark this topic Add mkarimi to your friends list Get a Link to this Message Number of Subscribers
Hey Guys, I collected this note 3 years ago and I've searched everywhere trying to put a value on it but apparently it seems to be a very rare error because throughout my research conducted in the past few years ever since I acquired it and throughout auctions I have not been able to assess any worth on it. I'm including pictures, please feel free to give me a value on the other notes in the picture as well. If I'm not able to get success here I plan to take it to a local coin shop.



Its a one dollar note series 2003 a, serial number 01660774G.

The error is as stated, the federal bank seal, instead of being on the left side, is stamped on the right side touching the upper left corner of the green treasury seal. The sereal numbers on the upper left side are stamped over the seal, only the upper few beginning numbers of the serial number.

The note is circulated condition but still crisp.

Any help is much appreciated!

Thanks and Happy Collecting!


1-Dollar-Error-Note

1-Dollar-Error-Note

1-Dollar-Error-Note

1-Dollar-Error-Note

1-Dollar-Error-Note

1-Dollar-Error-Note

1-Dollar-Error-Note
Edited by mkarimi
12/21/2010 8:04 pm
Pillar of the Community
tumbleweedtrumpet's Avatar
United States
1418 Posts
 Posted 12/21/2010  7:47 pm  Show Profile   Bookmark this reply Add tumbleweedtrumpet to your friends list Get a Link to this Reply
Try using photobucket.
New Member
United States
7 Posts
 Posted 12/21/2010  7:48 pm  Show Profile   Bookmark this reply Add mkarimi to your friends list Get a Link to this Reply
thanks!
Edited by mkarimi
12/21/2010 8:09 pm
Pillar of the Community
tumbleweedtrumpet's Avatar
United States
1418 Posts
 Posted 12/21/2010  7:57 pm  Show Profile   Bookmark this reply Add tumbleweedtrumpet to your friends list Get a Link to this Reply
Edited by tumbleweedtrumpet
12/21/2010 7:59 pm
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ikandiggit's Avatar
Canada
1166 Posts
 Posted 12/21/2010  8:28 pm  Show Profile   Bookmark this reply Add ikandiggit to your friends list Get a Link to this Reply
Sorry to tell you.... it's a fake. The seal was removed from the left hand side and applied to the right. It is an impossibility for this error to happen since the seal and the four "2"s are printed at the same time. There is even a web page to tell you how to do this. These notes appear on auction sites at times and unfortunately the buyer gets taken for a ride every time.

http://wiki.answers.com/Q/How_do_yo..._dollar_bill

Here's another one:

http://forums.collectors.com/messag...eadid=798807
Edited by ikandiggit
12/21/2010 8:35 pm
New Member
United States
7 Posts
 Posted 12/21/2010  8:35 pm  Show Profile   Bookmark this reply Add mkarimi to your friends list Get a Link to this Reply
are you sure that couldnt have happened by the bill being folded. if you look, the federal seal is beneath the serial numbers. in the case of it being removed and reprinted it would appear over the numbers.
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ikandiggit's Avatar
Canada
1166 Posts
 Posted 12/21/2010  8:37 pm  Show Profile   Bookmark this reply Add ikandiggit to your friends list Get a Link to this Reply
Yep. Notice on the left hand side there is a smear where the seal was chemically removed. Some of the serial numbers below it are also affected. Definitely a home-made "error".
New Member
United States
7 Posts
 Posted 12/21/2010  8:43 pm  Show Profile   Bookmark this reply Add mkarimi to your friends list Get a Link to this Reply
the bill is real. I even see blue and red strands in it. *can you explain why the seal is under the serial numbers then?* if the method was done as I read in your link, the seal would appear over the stamped serial numbers.

upon examining it under a very bright desk light I see no evidence of erasure damage nor does it feel different from any other part of the bill. I do see the faded edges of some of the numbers, which you are referring to.

anyways I'm not looking for opinions on fake or real, thats kind of getting sidetracked. I'm looking for the approx value of it based on if it is real. I can gather an opinion of its authenticity at a local coin shop where they will inspect it in hand. I did not buy it at an auction or anything fyi nor acquire it from someone who is a bill collector. and keep in mind it is in circulated condition. an uncirculated bill would have been much easier to jump to conclusions with in my opinion.
Edited by mkarimi
12/21/2010 8:47 pm
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3660 Posts
 Posted 12/21/2010  8:53 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
Yes, the note is authentic, genuine, real, whatever you want to call it....it was printed at the BEP.

The note then came into the hands of someone who removed the black seal and stamped a new seal on the wrong side of the note, intentionally to cause someone to think that it is an error note.....(It isn't).....It is what is referred to as an altered note...(someone altered it)....Value = $1......We have seen this same exact thing here on many occasions....if you look closely, you can see the residue of where the seal once was....if you continue to look closely, you will notice that the new black seal is not underneath the serial number digits, it is on top of them.
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ikandiggit's Avatar
Canada
1166 Posts
 Posted 12/21/2010  8:58 pm  Show Profile   Bookmark this reply Add ikandiggit to your friends list Get a Link to this Reply
The note is authentic, the error is not.

It has no value as an error. Buying it from another collector doesn't ensure the note's credibility. It was made outside of the BEP and passed by an unscrupulous seller.

Edited by ikandiggit
12/21/2010 8:58 pm
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Adam_E's Avatar
United States
4846 Posts
 Posted 12/21/2010  9:05 pm  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply
i agree with ikanddigit and zee. this note can NOT be made no matter how much you try to think up a way. there is not collector value "if its real", because its not. the value is ONE DOLLAR.
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ikandiggit's Avatar
Canada
1166 Posts
 Posted 12/21/2010  9:07 pm  Show Profile   Bookmark this reply Add ikandiggit to your friends list Get a Link to this Reply
Here's one that was really over-worked:

1-Dollar-Error-Note
Valued Member
Money's Avatar
United States
160 Posts
 Posted 12/21/2010  9:07 pm  Show Profile   Bookmark this reply Add Money to your friends list Get a Link to this Reply
You asked how much this error would be if it was genuine but it cant be....im almost positive this type of error cant happen with how the BEP prints money.

Also if you look closely you can tell that the seal is over the serial number..... look at the little black "spikes" around the seal and you can tell they overlap parts of the serial number as well as the treasury seal
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ikandiggit's Avatar
Canada
1166 Posts
 Posted 12/21/2010  9:18 pm  Show Profile   Bookmark this reply Add ikandiggit to your friends list Get a Link to this Reply
done.
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3660 Posts
 Posted 12/21/2010  9:26 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply

Quote:
If I'm not able to get success here I plan to take it to a local coin shop.


By all means then....


Quote:
But if you cant converse with me, then please dont post here.


Likewise.
Edited by zeewool
12/21/2010 9:28 pm
New Member
United States
7 Posts
 Posted 12/21/2010  9:27 pm  Show Profile   Bookmark this reply Add mkarimi to your friends list Get a Link to this Reply
I think Ill just take it in to a local shop to consider its authenticity. I'm not disagreeing nor agreeing whether the fake of its fake or not. Just certain things in the bill make me think its real.

The smudge is suspicious. Yes. The error in itself is suspicious. Yes. But the fact that seal is printed underneath the serial number makes me to believe that its real. If it was rendered somehow using methods in the pictures shown, the seal would appear to be over the serial number. The spikes do over lap the treasury seal. As far as I know the treasury seal is printed before the federal seal.

I think its probably a better idea to take it into a local dealer and have them judge it, since some things are more apparent than others when one is holding it in hand. I will update the thread with news. But please feel free to add anything you feel that I should know.

All the opinions posted here are valued. So please dont think my demeanor is to dismiss any of your claims.
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