Another $1 FRN error?

Discussion in 'Paper Money' started by YankeeDime, Nov 22, 2021.

  1. YankeeDime

    YankeeDime non-conformant

    Ok so I don't know what to call this. I saw some that appeared similar online and they were listed as a printing misalignment but they only affected one side of the note.

    This note is in very rough condition and at first I thought it had been cut but it's the same length as any other $1 note (see last image).

    Does anyone know what this is called? I'm still trying to figure all this FRN error stuff out, lol.

    IMG_20211122_091143435~2.jpg IMG_20211122_094134850_HDR~2.jpg IMG_20211122_093327632_HDR~2.jpg
     
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  3. SteveInTampa

    SteveInTampa Always Learning

    It’s a poorly centered note. It’s not considered an error until a portion of an adjoining note is visible in one or more of the margins. Here’s an example of a minor error with a sliver of the adjoining note visible on the lower margin.
    1BFD3F2F-F2BE-4C19-B3AE-01A5AE66440A.jpeg
     
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  4. YankeeDime

    YankeeDime non-conformant

    On a star note no less, lol.

    So is this a printing issue or a cutting issue?
     
  5. SteveInTampa

    SteveInTampa Always Learning

    Seeing that the overprint is oriented correctly, I’d say it’s a cutting error and not misalignment.
     
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  6. Mountain Man

    Mountain Man Well-Known Member

    And . . . it's been through the washing machine more than once. LOL
    NAV in my opinion.
     
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  7. YankeeDime

    YankeeDime non-conformant

    So I'm revisiting this thread after thinking of ordering some uncut sheets to frame in the man cave.

    It got me thinking. A lot of the miscut errors I've seen are asking for more than the cost of an uncut sheet.

    Surely there is a way to verify the serials on uncut sheets to keep people from cutting their own and selling them as legitimate errors right?

    Seems like they should keep a public record anyone can use to verify a true error so people can't get scammed.

    I guess this is mostly why I don't buy errors, there's some I'd like to own but I don't know enough to buy something that hasn't been slabbed and proven for me....
     
    Last edited: Dec 5, 2021
  8. YankeeDime

    YankeeDime non-conformant

    I've looked everywhere for a serial number lookup that tells you if a note was part of an uncut sheet or not.

    Found absolutely nothing... :confused:

    How do you tell if it's legit?
     
  9. lettow

    lettow Senior Member

    Uspapermoney.info has data on uncut sheets.
     
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  10. SteveInTampa

    SteveInTampa Always Learning

    From the uspapermoney website.
    4C40AD88-EE0E-435B-B5E2-37A8AED7A84F.jpeg

    Link to website- http://www.uspapermoney.info/general/uncut.html
     
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  11. YankeeDime

    YankeeDime non-conformant

  12. Collecting Nut

    Collecting Nut Borderline Hoarder

    Looks like a miscut note and not a printing error.
     
  13. Hommer

    Hommer Curator of Semi Precious Coinage

    If I'm not mistaken, @SteveInTampa please correct me, sheets of notes were not sold to the public until 1981 series. There are many notes being sold as errors on Ebay that are actually dealer/seller made from uncut sheets. I have called many of them out on it. The experienced deceiving sellers call them a "Possible" or "Likely" major error or claim it was discovered and don't know much about them but they have several for sale.
     
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  14. SteveInTampa

    SteveInTampa Always Learning

    You’re correct @Hommer. The BEP sold sheets back in the 1930s but discontinued it until series the 1976 $2 FRNs and then series 1981 $1 FRNs.
     
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  15. YankeeDime

    YankeeDime non-conformant

    That seems about par for the course... :sour:

    Maybe I was raised wrong but to me allowing someone to believe something you know is a lie is still a lie even if you didn't say the lie directly.
     
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  16. YankeeDime

    YankeeDime non-conformant

    Still waiting on the text to notify me the 50 note uncut sheets are available again.

    Once I get them I'll make sure to send the info to the website @SteveInTampa provided and post pics and serial ranges here.

    I won't try to cut them up but I can't promise I'll always have them so I'll do what I can to prevent anyone from getting scammed.
     
  17. Hommer

    Hommer Curator of Semi Precious Coinage

    I have a few miscut/misprinted notes in my collection as well, but only one sheet. Never wanted to make my own errors. $_1.jpeg s-l400 (4).jpg s-l400 (5).jpg s-l400 (6).jpg s-l400 (7).jpg s-l400 (8).jpg s-l400 (2).jpg
     
    Last edited: Dec 17, 2021
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  18. YankeeDime

    YankeeDime non-conformant

    Until recently I never really paid attention to FRN errors. I kinda thought of them like other paper collectables where the challenge was to find pristine and perfect examples so you could get a higher grading. I always saw errors as an unfortunate accident that was fairly common with any printed paper product. If only I knew then lol. :hilarious:
     
  19. Hommer

    Hommer Curator of Semi Precious Coinage

    I like the standing proud and obvious error note collecting. Not a lot of explanatory description needed.
     
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  20. YankeeDime

    YankeeDime non-conformant

    I've had to rewire my brain to see the uniqueness in FRN errors. I spent 20 years collecting vintage books, comics, posters and other types of memorabilia where printing errors are common.

    Things like extra paper tabs from incomplete cuts, smudged ink, to much or not enough ink, transfer from other pages, bad printing or cutting alignments, improper centering, inverted images, etc, were all bad things you tried to stay away from. They all would lead to a lower grading meaning lower value.

    So all the things I looked for back then to stay away from are the exact things to look for to collect with currency. With FRN the standard of quality is so high the errors are the unicorns riding white whales in Atlantis, lol
     
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