Paper Money: New Acquisitions

1977 $10 FRN K/11 minor Misalignment Print Error PCGS 65PPQ.
Man these are fun to collect! For some reason these $10 errors have been coming home over any other denomination? Don't have any problems with that, just interesting. Now I'm going to need to save up so I can pop on a error star note. Hows that for a oxymoron!
No error note collection should be complete without a star note error!
I doing good fellows! I'm fighting that overwhelming urge to buy raw errors cause of cost! I even picked up some Light House graded currency pages. I wish someone would of told me I needed to trim these so they would fit in a standard 3" D-ring binder. I even had to break out my food saver to seal the bottoms - DANG! Don't worry, I didn't do a hack job. We're talking slide rulers & razor blades. In hind-site I should of just bought the Light House graded currency binder setup? On the positive side, I really don't want any more binders to manage!
BTW: I'm seeing a fare amount of these James Wilson Collection error notes on eBay! He must of sold them off recently?


Here's the other error note that I don't believe I posted in the New Acquisitions thread.
1985 $10 FRN E/5 Bold Full Back-to-Front Offset Error PCGS 35

 

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Now, that's an offset error!

 

Clay,

Generally this error happens when the ink is running low on a particular part of the third printing process. In your case, it was on the single digit of a serial number. During the printing process sometimes more ink is wiped from the surface of the printing plate than it should be or the ink has become deficient in a certain area, hence the underinked error. Generally when this happens, both the top and bottom serial numbers are affected, although not always as dramatically as your example. Most times if you see an underinked digit, look at the corresponding one of the other serial and you'll notice that it is lighter than the other digits.

 

I still don't grasp why underinking affects the same digit in both serial numbers. It seems that underinking would be a random problem, but for some reason the same digit in the serial number seems to have some type of relationship in the inking process. A turned or stuck digit, for example, only affects a digit on one serial number.

 

One of these days I will have one of these notes! Great looking note!!!! Congrats

 

Here is his cousin from across town . . .

 

I had to go to the post office this morning to pick this note up.

 

WOW! All these notes are off the hook! I was going to post a VF '29 FRBN that I received today, but it's not worthy.
Now if it were a Dallas, replacement, quad repeater that was pure white in Gem Choice Awesome-Tacular 68PPQ (CEC-98) - maybe?

 

My new notes.

 

Killer notes!

 

Clay, Thank you sir. My first two!

 

I love that 1917 LT! I have been looking for one for my collection in the last couple months but getting outbid each time. It's on my list of notes to obtain for this year's resolution. So, how do you feel about the note's grade in that CGA holder? Do you feel it's accurate, over/under graded? Would you keep it as it or reholder with another TPG? Do you feel you got a bargain due to it being in a CGA holder? I am always curious about notes in CGA holders. I haven't any notes in their holders but I hear a lot about impressions when we see examples of them, so I'd love to hear your impressions as well on this note. Thanks.

 

I am very happy with this note. You will note it has the * (Star) designation which means it was graded under the new ownership. The note appears to me to be graded fine, but I am still learning and am no expert in grading notes. The holder is excellent. They have great holders. Based upon my one example, I would purchase more note graded by CGA as long as I see the * Star.

 

I did indeed note the star as mentioned. I am glad to hear your positive feeling towards the note and it's grade as well as keeping the note in the holder as is. Thanks.

 

All the CGA holders I have are made from a light-weight material. I prefer the thicker material of PCGA or PMG holders. Is CGA holder from the new ownership still made from the light-weight material, or does it have more subsistence to it?

 

It seams to be pretty thick to me. About the same as my other note. The label is also inside the holder which I like. I am not sure if they changed from the light material or not. I assume they must have, but someone with more knowledge should be able to answer for us.

 

Yes, i agree that it doen't make much sense either, but that was what I was told when I started collecting errors. After the explanation I looked at under-inked digit examples and noticed it myself. The only difference is the amount of underinking that the corresponding number has to the other. Sometimes it's dramatic like your example and sometimes it's so faint that it can only be seen under magnification.

 

wow very nice

 

This nice BEP Premium Federal Reserve Set arrived the other day. It is number 686 of 2,000 and it features a Series 1999 $20 FRN for all 12 Federal Reserve Districts, each note with the same low serial number, but different district prefixes.