I am still inclined to think real, though I'd want to check the paper under magnification. If you look at the seal, you can see where the tips of the seal are actually what is printed above, and you can see a streak where it drags ink from the extant tips to the rest of the seal. The corresponding tips on the seal are clearly missing/underinked. If this is a fake, its done with remarkable panache.
i have ispected under magnification the paper looks normal in the aria where the seal would/should be whats it cost to ge
I think it's fake but it'll be interesting so see what will happen. Take it to a local coin shop and/or send a photo to heritage auctions and ask what their opinion is. Just an email with a scanned photo and they will help you.
The 7s are also in the wrong place, they're misaligned, both on the vertical plane and the horizontal plane, and it's missing two of them, it should have four 7s. I don't know, everything else looks OK. If this isn't an error, it's a masterful fake error.
I looked at the 7 alignments (they are all there), that was odd but with the way the seal was drug, I think we're just looking at a paper alignment that was part of the original problem. There's an obstructed printing example at HA that shows a similar digit misalignment. I still offer face on the note...
MEC2, I'm seeing the 7 on the left as shifted to the right; also, it's lower than the 7 on the right, out of line.
Eddie - don't know how much we can read into the shifts - I mean the whole reason we are looking at this note is because of the dramatic shift. The relations of the numbers appears correct from top to bottom but hard to say using just the screen. Note, the district numbers do not align on this note below, a completely legit two: I do know that if I acquire this note for face I will happily divulge any measurements desired...
Right. And genuine shift errors do sometimes have the upper tips of the seals and district numbers showing in their correct locations like this; apparently the paper shifted just as the black overprint was reaching this note. And the lower left district number, printed over the intaglio border, shows the kind of weak impression that you'd expect in that situation.... Nobody can authenticate a note from images alone, but I don't see any of the usual (rather obvious) signs of a fake. If this isn't a genuine error, it's certainly a far better fake than one usually runs into. I'm inclined to think it's probably legitimate.
I am confident it is a genuine. Seeing remnants from the original position is quite common. Usually fake errors are heavily circulated to disguise the process. I'd be willing to place a wager that this is an authentic error. The error is called a third overprint shift - single color. And for those who don't see the lower 7s, they are in the bottom border design.
To me the sealer is the remnant seal tips with notable ink smear to the new location - who thinks to forge that? If you are going to scrub it, you remove it all, not leave just the tip, just to see if we like it...
I agree that it is more likely that it is real than not. Here is another example where the third printing shift with similar marks where the seal and district numbers should have been. http://www.ebay.com/itm/1977-20-FED...161?pt=LH_DefaultDomain_0&hash=item3a8fd522e9 There are plenty of example certified that look similar to this note. Note certified would be worth $125 to $150 in my opinion. Uncertified - less especially if it cannot be viewed in hand prior to sale.
I had not read beyond MEC2's 1st message before I responded. I am glad to see a few other well known paper money collectors chimed in to support the opinion. After the 1st few responses I was shocked no one had even mentioned the 7s shifted. Thanks for sharing the note, you will have to let us know what you decide to do with it. Best Regards Darryl
Am I the only one who is amused by the pattern we often see on CT where posters are told their error is fake by multiple people and then when more knowledgeable people show up it turns out that what they have is real? seems to go like this: 1. Chorus of Fake! Fake! 2. OP: Aww really? That stinks. 3. Someone shows up and says "I'm not so sure it's fake." 4. Bunch of folks: I think it's real. Yeah it's real. Yup, it's real. 5. No response or comments from the people yelling fake in the first place.
I agree with MEC. I think there is a misalignment of black overprint. Look at a normal note: On the note in question, the Federal Reserve Seal and the "7" on each upper side are shifted down. The lower "7" are not visible. The "7" visible on the lower part of the note is clearly not in the right position, but it is in the right position relative to the Federal Reserve Seal. I think it is an error note.
As I had mentioned in the my post, the lower 7s are there in the OP's note. They are in the bottom border design. Get your glasses people.
The only thing that really matters is that people that understand and are experienced on the topic way-in and give an educated opinion based on information others can use to learn from. Even the knowledgeable collectors get it wrong sometimes so always do your own research based on what is said. In this case, there is nothing I see that says fake as others that collect error notes have pointed out.