I'm new to coin and paper money collecting. I have a 20.00 bill, 1950A series. From what I understand there are 2 errors...? One is a margin cut error and the other is an overset print error. I'll attempt to upload a photo...
Welcome to Coin Talk @jarrett622 . The third print is off by maybe 1/8 " and it is a poorly centered note which is why the left side margin is wider than the right. Because of the poor condition of the note in general and the minimal alignment variance, I see very little premium above face value. Cool find.
Thanks, Steveln. This note has been sitting in an envelope in a drawer for years. Is it two separate errors or two errors due to a single occurrence?
I see one error, a minor faulty alignment error. An excerpt from page 52 of Fred Bart's fourth edition of United States Paper Money Errors, describing minor alignment errors; "Minor faulty alignments continue to be shunned by dealers and collectors alike. In the current marketplace, one magnificent example, at twenty times the cost, remains preferable to ten lesser pieces at one-half the price. Eye appeal means everything." Personally, I interpret this to mean, that most error collectors prefer errors that are self explanatory to the viewer, and do not need an explanation to describe the imperfection. In other words, the in-your-face errors that jump out at you and are obvious to the non collector. My faulty alignment error;
1950 series notes were printed in sheets of eighteen, with expensive, proprietary, well-built presses, using cutting edge wet sheet intaglio printing methods. While the results were, from an aesthetic or design perspective, uninspired, they served their purpose. Like money should.
