My girlfriend received a $100 from one bank in texas and tried to deposit into a credit union only to be told that the bill was counterfeit. later received a call from the FBI and that the bill was not counterfeit but misprinted and worth at least 10 times the amount, but the agent could not give us an exact amount. For example the hidden face when held up to the light is on the left side and upside down. We were wondering about how much money is it worth and where could we go get it appraised and sold. We are college students and need the money. And another thing the teller wrote her initials on it in pen when she took it, I guess it's mandatory for bank tellers to do that on counterfeit bills. Thanks.
Upside-down watermark on the other side of the bill must be a previously reported error. (Blank Sheets fed sheets reversed before 1st printing). Topside bottom. I am suprised that offset, or misplaced watermarks are not more common.
Thanks for replying, I have searched the internet for a local dealer here around houston but found only coin collecting shows and dates when they will be happening.Also the watermark face is upside down on the leftside top corner. Bzcollektor are you saying that you believe that this bill is not rare? I can't really understand what your trying to say. sorry im a newbie in all this.
A few points. First, I heard about some of these a few years ago, so there have been one or more batches of this. Second, the initials definitely hurt the value. If it were me, I would politely ask (beg) the FBI agent to provide a letter declaring that the note is real, not fake, as the bank had thought. This letter/story will add to the curiosity and will add some value to the note, at least on eBay. Third, I would sit down with the manager of the bank and ask them what is up with their staff. This note should have been questioned, but not necessarily handled as a fake. It had all the proper features, just an inverted watermark. I would demand some sort of compensation from the bank for damaging your collectors item. (Maybe they won't give you any $$, but they might give you first crack at some interesting stuff that comes into the bank. For example, I know a guy who worked in a bank, and he got a few dollar bills from a new stack that had no serial #s).
Not to dismantle the truths in what JBK has advised, but remember to temper them with the following sage advise: "He who flings mud, loses ground" - Fat Albert Cool find!
Awesome find! I should think $100 error notes are rarer than $5 error notes for two reasons: 1) Fewer are made, so there are fewer to mess up, and 2) Fewer are preserved because their face value prevents it. So it's a doubly awesome fine. It is worth noting that the FBI (part of the Justice Department) doesn't authenticate notes. That's the bailiwick of the Secret Service (part of the Treasury Department). And that FBI agent, speaking as a Federal official, had no business giving you a ballpark value. To the government, the note, even though misprinted, is worth $100, no more, no less.
Yah never know...the agent could have been a note collector like anyone here But your right...."officially" no value beyond $100 should have been mentioned
The bank could counter that with them saying that if the teller had not questioned the bill they would only have a $100 bill
Yeah, that it true. Of course, ideally, the teller would have been on the ball and said it ws real and worth hundreds, but that is too much to expect. Next best scenario is that the bank accepted it, then it made its way to me.
What year/issue if your $100 bill? Its very important to know its issuing year and its grade........ So?
