I just purchased a beautiful, crisp 10 cent fractional currency note. The back is perfectly centered but the front image is located to the left so the very edge is trimmed off, maybe by 1/32 of an inch. Given this was done at the Bureau of Engraving and is "as issued" how much, if any, does this reduce it's value to collectors? Thanks for any help.
Understand. So my question is does the fact that a high quality note is misaligned front to back and that results in a small portion of the front design to be trimmed along the edge reduce the value to a collector significantly?
Unfortunately yes. It's like buying a damaged coin. If you are going to invest a fair amount in the purchase, why buy something with a defect? Now if the price is adjusted because of the defect, your odds of finding a buyer are increased.
Since most are like that, in my opinion the value would be only slightly less as Your chances of finding one with perfect margins next to impossible if at All.
The face of this note is perfectly aligned but it's an obsolete and the condition prompted me to pick it up anyways. Sometimes it doesn't matter to the collector if the note fits the need. More the exception than the rule though. Best Regards ~ Darryl
I don't think he is asking about the margins being off. I have 21 different fractional's and the margins all have variances. However, he is stating a piece of the printing on the note is missing. That's a big and major difference. You just can't keep taking away the notes detail and say it has very little consequence, or it doesn't matter. Plus 10C fractional's are not rarities and it doesn't take much looking to find a good solid specimen. When he goes to sell it, those same sellers will be his competition and price will be his biggest/only allie.
You hit the nail on the head. I have about 20 different fractional notes (boy, is this addictive?) and as you said the borders are all over the place but there is no part of the printed features missing. Although this note is crisp I was very disappointed that the front feature was misaligned enough to have some of it trimmed off at the end. The back as I said is perfectly centered which means that it might have been used to align the cut. I was just trying to a get a % estimate of how much value is lost due to this.
