$1 with offset mint seal

So I stumbled across this in circulation a long time ago hence the creases. Anyone have an idea how rare/common this type of misprint is? Any idea if it's worth anything more than $1? Also, what's the best way to store paper currency? I've had it in this picture frame for the past 10 years (cardboard backing and glass front). Thanks for you input!

 

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In that condition, id expect at least $100 and a high of $350.

 

That's a nice find.

 

Nice...maybe I'll hang on to this then Thanks!

 

Fake! The FRB seal, treasury seal and serial number are all printed at the same time (third print).

 

While these elements are all part of the third printing, they are not printed by the same process. If the sheet had slipped between the printing of the Treasury seal and serial number and the printing of the Fed seal and Fed numbers, this is possible.

I have seen about a half dozen of these in the last few months at least one of which was TPG certified.

It is possible that this was faked but the reason given here is not a definitive diagnostic. You would look for abrasion o the paper where the Fed seal and numbers should have been.

 

Like from a pencil eraser? I'll take a look see when I get home later and maybe take a better photo. I won't give up hope quite yet

 

So, you're telling me there is a fourth printing?

Wouldn't the whole sheet have shifted? Should the two 5's from the bottom of the next note appear at the top of this note?

 

I wouldnt say its definitly a fake. Could also be a bad engraving job which led to hundreds of these being printed with some getting out. BUT Rick does made a point. Run your finger where the seal should be. if theres bumps = bad sign! or hold it to the light and if you see a black circle where the seal should be thats also a bad sign! Hope its real! Theres nothing better than finding a great error in circulation!

 

Well I can't comment on on whether it's real or not, but I store my currency in either of these:
http://www.jpscorner.com/vinyl-currency-pocket-pages.htm
http://www.jpscorner.com/currency-sleeves-and-storage-boxes.htm

They seem to protect it well. I've ordered off of jpscorner, and I like them, but you can get sleeves and binder pages just about everywhere.
Of course, they do make hard plastic sleeves/cases or whatever, if this is truly a fairly valuable note, you may want to go that route. Here's an example of those: http://www.jpscorner.com/acrylic-currency-holders.htm

 

If you really want to preserve it (providing it's authentic), you want to get it under some UV blocking glass with archival, acid-free backing/matting. Both of these can be obtained at a framing shop.

EDIT: Or, you can go with what Lon says.

 

Being fairly new to this and not knowing much how these are printed...but...what if this was in the top row of the sheet? Do they print them in sheets or rolls?

edit: since this was mentioned I never noticed before that the two 5's that should be there at the top aren't there.

 

Look in the upper left corner for the plate position. It looks to me like the plate position is D-4. If it is, your note is from the third column and last (bottom) row of the sheet, and it would have the district numbers (5) from the note above it at the top of your note.

I've also enlarged your photo and it looks as though it is smudged where the seal is supposed to be.

Sorry, but I still believe you have an altered note. It did not come from the BEP like that.

 

rick, a little off topic, but those coney dogs/chili dogs in your avatar look great. Where are they from? We have some decent coneys around here in the detroit area. Yummers.

 

Thank you for asking, Lon.
They are called "New York System Hot Wieners". Hot dogs made from veal, with yellow mustard, spicy beef sauce, diced onion and a sprinkle of celery salt. The photo in my avatar is from Olneyville New York System in Providence, RI. Some would argue that these are the best anywhere, and I agree. "Weenees" are little known outside RI. They are also referred to as "belly busters" and gaggers (pronounced "gaggahs"). Usually eaten with a small order of fries and a glass of coffee milk (another delicacy largely unknown outside RI).

http://www.olneyvillenewyorksystem.com/

 

I'll take a closer look tonight and put up a better/closer picture (one not taken with my phone )
If it's fake, oh well, maybe at least I can finally spend it

Although this one that I googled seems obvious that it was hacked together. The ink on the seal is much darker than the other blacks and you can definitely tell that the real seal was erased.


If mine's fake they did a better job than this guy!

 

Nice. I'll have to check 'em out if I'm ever in the area.

 

I'm glad you got it at face value. It's still worth what you paid for it.
It's nice to be able to dream. Not too nice, though to have your dreams dashed.

Still, run it by your neighborhood coin dealer, see what s/he says about it.

 

Okay so I looked at it much closer and I think it's real and here's why. I think the sheet shifted during pressing of this particular row. See the photos below.

There doesn't appear to be any rough spots on the bill where the seal should be or where the top left "5" should be. There are, however, three small ink dots where the top three points of the seal should be and then a faint smear downwards towards where the seal ended up. The top three points of the printed seal appear slightly fainter than the surrounding points which makes sense if those points had already started to be pressed when the sheet shifted. The second photo focuses on the right portion of the bill where the other two "5"s should be. I believe in this photo you can clearly see that the top "5" started to print and then a faint smear down to where the "5" ended up.

My question, these bills are printed by a rolling press right? So, if the sheet shifted when the roller arrived at the last row as I believe is evident from the smearing then you wouldn't see the previous rows "5" on the upper portion of this bill as they would have printed in their correct location. Anyone agree?

 

Did I change anyone's mind? anyone? anyone? Or am I still holding on to false hope