I posted this on another site and want to try this one to get other opinions I've been collecting for a long time. I collect coins and currency. Furthermore I metal detect and have some of my better finds attributed to that hobby. This is a note I found when I was in HS and have often wondered about it. I've shown it to a few local dealers although they don't seem honest about it. I have seen other notes similar to it sell for thousands although I believe mine to be unique. The offset (I'm not sure if that is what it is) is on the front and back. Furthermore it is inverted for both offsets. To me it would appear to be at least 4 errors on one note. Offset from front to back (and inverted). Offset from back to front (and inverted) Please correct me if I am wrong and is this note worth a $1 million dollars (I could only wish). Thanks! Todd S.
Sorry to agree with your dealers, but I don't think that this is an error note. I would only be guessing as to what caused it, but the images were transferred from another note. That is why the images are mirrored.
This is the site where I started wondering about my FRN. Just for reference. http://www.executivecurrency.com/collections/ProductDetails.php?item=2494
I have some notes in my wallet that are in alternating directions rite now. The notes may not have been new when it happened. I am no note error expert by any means. I was hoping that someone else would chime in.
Four errors? — There's more than four. There's the first printing with an misaligned inverse offset from the second printing Then, there's a folded partial inverse offset to the second printing from the first printing How did the first printing partially appear on the second printing? It looks like a fold because I can see the crease, but no overprint is seen on the back of the note. Where did the rest of the first print on the front go? The angle of registration between the second and first printing seems consistent. I have no idea what to tell you besides send the note to a grader and have them figure it out...
I noticed the fold too although I had no idea it even pertained to the note itself. I guess I can see how it might have been folded prior to printing the reverse. I'm not exactly versed in the process of how money is printed in the aspect of what is done first and what is done last. I have to say this site is getting me more responses than any other so far. I am really enjoying reading the other forums and expertise in the other sections. You guys are great!
I will give you the same advice here that I gave in the last forum you posted this in: Post this on the PCGS Currency discussion board. There are more error experts on that board than anywhere else. http://forums.collectors.com/categories.cfm?catid=23&zb=9760939
Here's the issue with this note - the front transfer. The ink tone doesn't look right. And it calls into question all the other transfers. Did this happen due to a reaction with other notes that got wet or came into contact with more than water, i.e. sweat or another chemical? Additionally, the sheer number of transfers is an issue, because you have to create a way for this error to occur - and I can't do it. Not saying it's impossible, just improbable...
Sorry for the misunderstanding....what I was refering to I was mistaken about. I was looking at the certification side of the PGCS. I did not relize that the forum was part of a bigger host that I could register with without paying for. Easy on the new guy! I will go there and post once I am approved..however long that takes.
Yes but when you post it on the forum there, do you get offical answers from official graders that can be used to appraise the note or are the answers from similar people on this forum?
Similar but I've found the smartest currency folks are there. I mean know stuff you have no idea how they know it smart.
Graders will not give an opinion based on a scan. Quite frankly, the PCGS currency discussion members have more expertise, knowledge and experience than any other paper money discussion board including this one. There you will find any number of experts who who have more than 20 years of experience dealing with paper money. They have written books, presented seminars and forgotten more about the subject than most people will ever know.
Looks to me like it was in a wallet that got wet, or some such thing. Actual offset transfer errors aren't blotchy like that; they're much more clear and even....
Well to fill you in a little further about this piece here are some other things I have noticed about it. Also a little about myself. For one I used to run a 4 color Solna press for 4 years. On a four color press on some of the last transfer cylinders is an offset blanket. This blanket could leave offset marks on the paper that would show the design we were printing but with the pattern of the blanket acting as the transfer agent. This is how the image appears on the front of the note. The partial eagle symbol (I looked at it through a mag-glass) it appears to me as true offset in that manner. With that new observation today my question now is...are there transfer blankets in the presses at the BEP? The reverse of the note under magnification does not appear that way. Although I have recently noticed that on the left side of the note on the reverse is another overlaping offset. Furthermore the amount of ink on the front of the note (the green ink) is substantial. It is almost raised off the paper in a manner that would suggest it wasn't done by a home printer or copier or transfer from another note. I have to say the more I look at this note the more interesting it is. Furthermore I will try to get a more substantial image of the front to try and show this transfer pattern so everyone can see it. Its really hard to see in my scans. The other question I have is...has anyone ever submitted notes for authentication through a dealer? It seems the only choices I have for submission are to join the PCGS or to go through a dealer. I did find one here in my hometown so I guess that is the route to go. NOTE: I must say this forum has been very informative and helpful. Thanks to everyone who has taken their time to respond with suggestions and insight. NEW INFO: Viewing PCGS (Front offset exhibits the tell tale signs of what they consider "Matte Offset")
You can submit via dealers but you should inquire when the dealer anticipates sending out their next batch of submission then compare that to any know or published submission turn around 'estimates' for how long it will take. The amont of time may or may not be of concern to you. Some folks get very impatient while others don't mind. Since you've had this note for 25 years, maybe you are the patient type. Alternatively, you could opt to join the ANA and register with PMG (and NGC, NCS) as an associate member and submit your notes without being a full paid member of PMG or NGC or NCS. Additionally you gain all the membership benefits from the ANA. Base ANA membership is $25. You can also look into CGA if you don't like PMG or PCGS for some reason, though they are not usually the first TPG most collectors opt for.
