I got this little honey in an auction a couple of weeks ago. It was in a bundle of well worn silver certifs. She's crisp and pretty darn nice. I have a couple of questions about it though. What is the purple stripe on the right side for ? Also... Does the error with the ink in GW's portrait add any value ? Thank you all in advance.
the ink stripe could be from a bank counting machine or a bank stamp, not really sure .. one of the others might know for sure. As for the missingi nk, i wouldnt call that an error, just insufficiant ink is my guess. if anythign i doubt it would be a qualifier for extra value.
The BEP has used so many methods to flag notes that are to be destroyed (red pen, crayon, marker, flags, etc...) My gut feeling is that the sheet this note came from was marked for destruction, but this note was missed. Especially before the dawn of computers, auditor's had a daunting task to account for each and every note. At that time, I believe inspectors were required to mark defective sheets, but not remove them. I believe the notes were required to be removed at a single point in order to help the auditors ensure none "disappeared". I've never seen a red mark like this one before, but that would be my guess. If it is (maybe the overprint was shifted too far up for an inspector), and given that this is a star note, this would be an awesome find.
I believe what the closeup of Washington's portrait shows is the result of the ink sticking to the printing plate instead of the paper. If there is not enough pressure, the ink won't sufficiently stick to the paper and will remain with the plate. I believe when they first redesigned the $5 in 1996, they had a major issue with this in Lincoln's portrait. They had used lines that were too "fine" for the pressures that they used during printing. I never saved any of them, but I believe they released millions of dollars worth due to time constraints. Your closeup is what they looked like where the ink stayed with the printing plate. Maybe other notes on the same sheet had the same problem to a greater degree (aka much more obvious) and that would be another possibility that an inspector would flag the sheet.
Cool ! Thanks Gatzdon ! Those sound like very plausable scenarios. I surely hope this is an escapee. I truely love coins and currency with a story.
I wish someone else would chime in. As I said, I personally have never seen one like that, but it would be nice to find someone else who has.
Rotobeast... Nice find and a great note! The points already presented to you are valid and have significant potential to hold true! I have never seen a note marked that way before, one of my former In-Laws was a Bank President before he died and I wish he were here to say if that is a Bank induced mark or not! None the less..fantastic note! RickieB
I believe they currently use a green stripe, but did they ever use a red stripe to indicate the end of the paper roll?
Good question, but if you look at the stripe..it stops at the upper portion of the note and the bottom is all the way down. Dont end of roll marks usually cover the entire portion top to bottom?? The mark is irregular as well and does not appear to be machine induced. RickieB
The green marks are somewhat irregular too and the mark has to start somewhere. With the current method, I believe the mark starts gradually. I'm guessing that this is so if someone misses the "exact" starting point, the paper that does get used doesn't have much of mark on the note. But I have no idea how they did it in the 50's. By the way, OP, your star falls in an unreported range on this site. http://www.uspapermoney.info/survey/1957stars.txt You should e-mail him a link to this thread and get credit for reporting it. Enjoy.
I sent him an e-mail. Thanks for directing me towards that. Thanks for all the input, guys. This is turning out to be quite the interesting note. Clembo pointed out to me that the serial number is elevated and nearly touching "America". I hadn't noticed that. Dan's a sharp feller !
Well, I never got a response from the guy at the site that Gatzdon recommended. Anyone know the guy ?
He is a one man crew. He recently joined cointalk and started a thread here somewhere. I think his username was Numbers.
Yes, indeed it was. do a member search for the nick Numbers, and you will be able to find the threads with his posts. From there you able to find his explanation (sorry, but i just cant think of it at the moment)
I can see the Ebay auction now ----->> "MONSTER TONED 1957 $1 SILVER CERTIFICATE" (You have to imagine the huge font and fancy colors yourself...)
This note was owned by Barney. Note the purple and green combo toning that was caused by contact with the freaky dinosaur. If you listen close, you can hear the note sing his song.
