$50 error - any thoughts would be appreciated

Discussion in 'Paper Money' started by bborg, Mar 6, 2012.

  1. bborg

    bborg New Member

    I took this into two shops here in Salt Lake. Both confirmed it is real but both shops would not give me a value. One of the shops said that he could find a buyer for $500, someone here in SLC collects nothing but $50.

    50a.jpg 50b.jpg
     
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  3. batt

    batt New Member

    Cool reverse overprint. Can't see the series but here are two similar (one Series 1985, one 1988) on eBay (not my auctions). Obviously listing price may not mean much but I can't find any completed ones to compare to:

    http://www.ebay.com/itm/1988-50-3RD-PRINT-MISSING-ON-FRONT-PRINTED-ON-BACK-/130472737817?pt=LH_DefaultDomain_0&hash=item1e60c7fc19#ht_3749wt_1258

    http://www.ebay.com/itm/50-3rd-PRINT-OMITTED-PRINTED-ON-REVERSE-ERROR-/140454604384?pt=LH_DefaultDomain_0&hash=item20b3bf2e60#ht_3737wt_1258

     
  4. rickmp

    rickmp Frequently flatulent.

    I'd give my third born for that! Never liked him anyway.
     
  5. rickmp

    rickmp Frequently flatulent.

    Check Heritage and Teletrade, see if they have a history of sales. Could be worth upper 3 digits or more.

    You could also put it on ebay with a ridiculously high reserve to see what it's worth.
     
  6. vdbpenny1995

    vdbpenny1995 Well-Known Member

    Whats the series? I can't read that.
     
  7. bborg

    bborg New Member

  8. Timewarp

    Timewarp Intrepid Traveler

    My US Error Note Encyclopedia has a Fifty with an Overprint on Back listed at $250.00 for Fine and $500.00 for XF. $1000.00 for CU. Yours looks to be Fine at least.
     
  9. vdbpenny1995

    vdbpenny1995 Well-Known Member

    I would grade that note as VF30
     
  10. ronterry

    ronterry New Member

    I swear more errors came from the series 77, and 81! Wud up wit dat?

    I would say It's a little better than Fine. Judging from the pictures it would fall in the mid and maybe high VF range, assuming the brown color is caused by your camera's white balance being off a little. Dang indoor lighting does that every time.
    Hey, how about some grading contest! Been a while, and those are fun!
     
  11. SteveInTampa

    SteveInTampa Always Learning

    Cool error. Thank you for including me in this generous giveaway.
     
  12. tbudwiser

    tbudwiser Active Member

    It's Series 1981A and I base that off of the signatures...
     
  13. tbudwiser

    tbudwiser Active Member

    But how do we find out who win's the prize giveaway?:p

     
  14. bborg

    bborg New Member

    cool, no one told me I get a generous give away gift for posting. Thats just too cool..... I am gonna go spam post every thread now
     
  15. Dr Kegg

    Dr Kegg Star Note Fanatic

    Cool error. Did you get this in circulation or was it handed down? I would check Heritage for completed listings for current value, but it looks to be in Fine condition and worth around $300-$400 based on my resources.
     
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