1985 $20 Missing 3rd Print error

Discussion in 'Paper Money' started by bigjpst, May 5, 2011.

  1. bigjpst

    bigjpst Well-Known Member

    My boss got this note in change several years ago. She knows I collect coins and brought this to show me. I found several similar bills on e-bay going for a few hundred dollars. So my question is do you guys/gals think it is an authentic error note.(I cannot for the life of me find anything to make me believe it's not authentic. And do you think it's worth getting it certified?
    Any feedback is appreciated.
    1985 20 front (Medium).JPG
    1985 20 reverse (Medium).JPG
    Sorry for the second pic being a bit blurry
     
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  3. Dr Kegg

    Dr Kegg Star Note Fanatic

    If you look at the back of the note, you can see the overprints are there and not on the front of the note. These could be either for that note, or one printed beofre/after yours. With that in mind, I believe that this note would be considered genuine, but getting it graded is the best advice I can give.
    Error notes such as these, in this condition, generally go for a couple hundred dollars, around $500 or so. Nice find!
     
  4. bigjpst

    bigjpst Well-Known Member

    Thank you I did see the print on the reverse, but wasn't sure what to call it. Misplaced third print error? I appreciate the info. She does want to get it certified, any suggestions on which company to use? And do the currency graders take direct submissions or do you have to go through a dealer or member like with most of the coin services?
    thanks again.
     
  5. SteveInTampa

    SteveInTampa Always Learning

    Nice error note Big. I agree with Matt (Dr Kegg), and would value the note between $400 and $600.
    The 2 most popular Third Party Graders would require membership (PCGS & PMG). The note looks to be uncirculated, with clean paper and GEM centering. Thanks for sharing.
     
  6. Dr Kegg

    Dr Kegg Star Note Fanatic

    PMG or PCGS require membership and would be the only two I would go with. Their reputation is very high within the paper note collecting community. Most coin shops and dealers of paper currency are members and may let you submit your note (with the fee) through them.
     
  7. bigjpst

    bigjpst Well-Known Member

    Thanks again. I will see if my local dealer will submit for me.
     
  8. Paul Fortier

    Paul Fortier New Member

    I've also have a similar bill a 1988 $20.00 in mint condition with no serial numbers also been looking for a connection to get it appraised.
     
  9. funkee

    funkee Tender, Legal

    This note would be extremely unlikely to be found in change! They're usually pulled from circulation right away. That's very lucky of your boss.

    The note appears to be genuine, but getting it certified and graded would increase it's resale value substantially - likely more than the cost of the service.

    Best of luck!
     
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