Rare Multiple Dollar Bill , is the District Ink smear part Genuine ?

You should see some of the bad things I have done to some of my old circulated silver would make most of these guys cry. LOL It's a very nice error and one any note collector would want to own!

 

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Most fold over errors include printing on parts of the note where it is not intended....just the nature of the error. And, condition is also a factor, the OP's note is far from uncirculated so I would guess the note would sell for a WHOLE LOT LESS than 2K, much less, much much less.




Edited to add; For display, I personally would put it back in the folded position it was in when it was printed.....just my opinion

 

I agree with Steve and Paddy, I would guess that you are looking at hundreds, maybe in the 3-5 range depending on how it grades at a TPG.

 

Thank you all for the Response

 

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Can I submit the note myself to PCGS or MPG for grading ? and if so how much does it cost ?

 

Both these TPG's require a paid annual membership, and grading fees are determined by time and value. If I had one note to submit I might look to a local Coin/Currency shop for help.

 

If it's only a CUTTING error, why couldn't I just buy an uncut sheet and make my own errors? TY.

 

It's more than that, the sheet was folded during the printing process and elements were printed on the wrong side of the note.

 

Sheet currency available from the BEP has identifiable serial numbers known by most serious collectors. Unscrupulous sellers are always trying this on eBay....manufacturing fake, or post-BEP errors and selling them to unsuspecting, unknowing, and usually newbie collectors.

 

The error is really cool. And your error is damaging the note with that pen.

 

It was the smallest tiniest dot you could ever place on a note just to be sure on the white section on it. Not really something that can be seen unless you wanna be so meticulous ... I don't think it's something that would even change the grading for the bill , and it's really gone . I'm excited , but I thought I had note worth more than 2 K or so ... since the noted with just a folded error and having extra piece of paper as well being sold on Ebay are all 1K up ... , this one has an extra ink smear ... so I though the value should be much more ... anyways I'm going to hold on to this note and not sell ATM.

 

Since the note is circulated and the smeared seal cannot be definitely identified as a BEP error, it detracts from the value of the note.

 

Anyway to be sure if the smear was from BEP or not ? I know fold over error can do that due to the extra paper and possibly sheets rubbed against the new ink on seal and causing it , but anyway to verify it ?

 

If the note were UNC it would be more likely that the smear could be from the BEP. This note has seen circulation and anything could have caused the smear.

 

There is no reason to think the smeared seal is a printing error. It is far more likely to have been done by the person who had it before you, trying to see if it was real by smearing their greasy fried-chicken eating thumb across the seal not once but twice and deciding that it shouldn't do that if it was real, so they spent it.

Their loss is your gain.

 

OK that was funny.

 

Haha that was funny , so he also in your theory added an extra peace with glue to the top corner , erased the seal and serial with an eraser , cut the lower corner and drew the seal and serial on the back with crayons. Honestly the fold and smear you saw seems really from BEP as the note doesn't seem muc circulation, the way I pictured it was right after I simulated the fold over error myself by folding it and the fold over crease and see if exactly matchs the place where seal should have been ( wanted to show the worst of the bill ) , and I. verified it to be genuine. I then put it under a heavy book and it really looks like an uncirculated or close to it , such as almost New Choice. Take a look now , it's now my belief that smear is genuine too , bo indication of grease ... it's really the ink from edge of the district seal which smeared after examination with my magnifier

 

It's the back , almost looks as Near New now after the heavybook.

 

Quite a humorous chain of events, but what I said was the person before you saw the REAL error in cutting, printing on back, etc., then tried to check on the authenticity of the note by smearing his thumb across the black seal. When it smeared, as it WILL do if you have any oils on your hand, he panicked, thought it was fake, and quickly spent it. Then YOU found it, pre smeared. Nobody has a valuable lightly smeared FED seal collection for a reason. They are impossible to prove as original and frankly not attractive. The REST of the note is great, though.