2006 $1 Mismatched serial number

Discussion in 'Paper Money' started by Night Hawk, Nov 5, 2013.

  1. Rick Stachowski

    Rick Stachowski Motor City Car Capital

    thats not true, I had some in 2010 graded, that came back red, now, if they change it since then, I'm not sure, I also think the company was sold in 2009, and moved to Ill.
     
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  3. funkee

    funkee Tender, Legal

    Odd. I'm pretty sure it was 2007. But perhaps not. Your note seems to be evidence to the contrary. Nowadays they're all green Apparent.
     
  4. Night Hawk

    Night Hawk Junior Member

  5. Night Hawk

    Night Hawk Junior Member

  6. Night Hawk

    Night Hawk Junior Member

    If I do get it certified I'll probably go with PMG, it's a lot cheaper and there's an authorized dealer here in town.
     
  7. funkee

    funkee Tender, Legal

    Don't let that note breathe. Suffocate that b!tch. o_O
     
  8. bonniview

    bonniview Active Member

  9. AWORDCREATED

    AWORDCREATED Hardly Noticeable

    Thank you for going through the effort of these additional photos for merely the sake of my curiosity. It still seems that the left side is 'better' than the right. Is this the way it appears in person? Not that it matters.
     
  10. bonniview

    bonniview Active Member

    I found 3 within 6 weeks apart between February and March of 2012. I contacted every dealer i knew and inquired about them. At that time there was less then 40 known to have been found.

    I spoke with Fred Bart (Executive Currency)and his insight led me to selling them. It was his belief in his experience that every time something like this comes out there is eventually a pack of them found or comes to be discovered. Again this was then more and more of them were being found so it was advised if i was going to sell... sell now.

    After sitting on them for a few months trying to decide what to do with them. I sold 1 by it self and 2 together. After it was all said and done i was left with $2700 including a grin that last til this day.

    I've seen several others at shows and more at auctions. I believe there are now around 200 or so recorded give or take. Your note is in very nice condition compared to what i found. That tear into the design is a big killer which i am guessing will cause the value somewhere to decrease several hundred bucks.
     
  11. bonniview

    bonniview Active Member

    Scan_Pic0003-1.jpg Scan_Pic0001-1.jpg
     

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  12. Numbers

    Numbers Senior Member

    Really? I've got 31 recorded serials, and while I'm sure Bart et al. have more information than I do, it's difficult to believe that there've been 150+ of these recorded but never sold publicly.... Do you have any more information on these?
     
  13. bonniview

    bonniview Active Member

    No i do not sorry. That number is speculation on my part. I was told there was about 120-130 back in May of this year from dealer. But even that number is from word of mouth going from dealer to dealer so that may or may not be accurate.

    When i found the one's i sold Robert from First City told me in March of 2012 there was about 37 known. So from that date till now you'd think at least 100 would be known.

    What does not make sense to me is given the time that these have been in circulation a far assumption would be a lot more should have been found by now. By trying to pin point the exact mismatched serial numbers that got printed and the known serial numbers found there should be many more by now.

    Additionally how is it possible that there are full straps known if observed notes represent only 10,000 sheets? Have they ever used both printed sheets as a 320k run and also used them for notes? I wonder if the BEP caught the error in time before all 10,000 mismatched notes made it into circulation. That seems the only logical answer as to why so very few have been found?

    These are the closest serial numbers i've found that come closest to the mismatch but still need to get much closer to the low beginning and high end of the mismatches. Image.jpg
     
  14. Numbers

    Numbers Senior Member

    These B..* mismatches began turning up in circulation in late 2010, which means that by now they've been circulating so long that not many are still being found--the one that started this thread is the first new one I've heard of in quite a few months. If Azpiazu knew of 37 of the things a year and a half ago, I doubt there are anything like 100 known now, since the rate of discoveries has slowed down so much over time....

    The 31 serials I've observed range from 06710926 (the note at the top of this thread) to 06719949. Position H2 of this print run covers serials 06700001 to 06720000, so we'd expect the error to affect those 20,000 notes. But nobody's ever seen a note from the lower half of that range, so it seems likely that only half of them got out before the BEP caught the error.

    The BEP reported that this run was printed as replacement sheets, so that it ought not to exist in the form of full straps. These notes would have entered circulation one or two at a time, sprinkled through straps of regular notes. So it's not too surprising that no large quantities have been found (that I know of).

    On the other hand, despite the BEP reports, people *have* found full straps of stars from this run (but not with the error). It's very odd to see part of a run used as straps and part as sheets; they don't generally do that these days. Oddly, all the straps so far have been from the right-hand half-sheets (positions A3 through H4), with none from the left halves (where these errors from position H2 would be). Dunno if this has anything to do with the error (they caught the error eventually and re-purposed the other half of the run?) or what.

    I've seen 06731754 without the error. There don't seem to be any 0672xxxx notes--all 32 positions of the run are missing the lower 10,000 serials, not just the error position.
     
  15. bonniview

    bonniview Active Member

    That gives it much more clarity now and understanding of it all. It still seems odd after all this time being circulated that only the few have come up. Even if its the 10,000 serials that got released where are the other 9500 or so? It may remain a mystery forever.

    If there are only less then 100 found in 10 years time i wonder what affect that will have on the current value of them compared to now?? I don't know the population of the mismatch '88A but i'd think prices may reflect in line with those.

    Of the 3 mismatch serials i posted did you have all 3 as being already reported/observed? I don't remember which serial it was but i saw one in a Heritage Auction about 6 months after i sold it.
     
  16. Grayson

    Grayson New Member

    I have the same bill and I am also looking to sell
    Ill see if I can upload a picture
     
  17. ClarkCoins

    ClarkCoins Member

    Nice find! I haven't seen a mismatch in person yet, ever since I first learned about them I've looked at every single $1 I get a hold of lol
     
  18. Grayson

    Grayson New Member

    That's what you have to do sometimes. Like that bill, it was the first one I pulled out of my wallet!
     
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  19. bobbeth87

    bobbeth87 Coin Collector

    GREAT find. What a shame about the tear.
     
  20. wacky1980

    wacky1980 Active Member

    nice find! i pulled one from circulation myself a little while back. haven't sold it or had it graded yet, but maybe one of these days...

    [​IMG]
     
  21. Mybadga

    Mybadga Member

    Nice find maybe I should start looking through bills I get hundreds of ones daily at work!


    Sent from my iPhone using Tapatalk
     
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