Hello everyone. I am new to this board and collecting of error FRN. All and any help would be appreciated on the type of transfer and value of the 1969 D one dollar bill. The front looks normal but the back has a dark full transfer of the front so much so that the back could be the front and visa versa and the serials are on the wrong side. There is no marking that it was tagged for destruction. Thank You
The note appears to be a transfer of a face onto the over laying sheet - this one is a full transfer and was not spotted in the inspection stages - I have several in my collection and the ones that get the most attention are the Choice Uncirculated ones. The serial numbers are an additional operation along with the Federal Reserve seal.
I would value it at around $30 - $40 in this condition. The offset error actually occurs when a sheet doesn't make it all the way into the press. The printing plate comes into contact with the impression cylinder and the ink is transferred to the cylinder. When the next sheet(s) come in, they receive the impression from the other side. It is also not the first transfer, because the offset is not as dark as the ink on the obverse. It's probably the second or third sheet to enter the press. What it does have going for it is that it is a full transfer. Unfortunately, face to back offsets are more common than back to face. This is because the face of the note is more scrutinized by QA, because of the greater number of things that could go wrong with the 2nd and 3rd printing. Therefore fewer back to face offsets make it into circulation.
I had a 1977A $1 Front to Back complete offset in CU that brought about $120 on the bay. Agree with Funkee on the $30-40 value.