Ghostly $1 Note

My youngest daughter brought this home last night from a high school football game. She said it was part of the change she got back from the concession stand.

That being said I'm wondering what happened here. This doesn't seem like something to go unnoticed and be found in circulation unless someone altered it, right?...

Maybe I'm wrong and my daughter has something special. It wouldn't be the first time I was wrong and I know nothing at all about the Note printing process so my guess is worthless.

What do you think guys?

 

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I'm no paper money guy, but I'm trying to imagine how someone would have altered only one side, and only one printing -- and I'm coming up blanker than that first image.

 

Your daughter latched onto a great FRN.
The ink was running low on that segment of the printing process. Each note goes through three different steps.

Definitely a keeper. Too bad for the tears in the upper left front.

 

It blows my mind that people don't notice something this dramatic and spend it for a dollar.

 

What does FRN stand for?

 

Federal Reserve Note

 

Federal Reserve Note

 

Interesting. Has to be an ink problem.

 

I would send it to PMG for authentication and slabbing. It has all of the indications of missing/low ink for the first printing.

Upon second viewing, enlarged, I see signs of "damage" to the seal and numbers for the other printings, indicating the note was subjected to a chemical treatment that mainly affected the ink of the first printing, but I could be wrong. Submitting it would ensure whether it is or isn't an error.

 

Cool find good deal can't believe how people can miss this also.

 

Interesting find, but I’m not convinced it’s legit. I would definitely want it authenticated.

 

Hard to tell from the picture, even after blowing it up. Looks like chemical treatment to me. I say this because the serial number the bank number and the seal all seem to have indications of low or under-inking, which is not typical for an under-inked note. Save it for the next coin show and if you get enough opinions that it is under-inked then send it in for certification. However it is hard to find dealers qualified to make a judgement.

 

Save it and take it to a coin/money show where they are offering grading. They can diagnose it without costing grading fees.

 

I noticed that too, but again couldn't think of a treatment that would completely spare the reverse. I wondered if maybe some foreign substance was on the plate for the first printing, and interfered with ink adhesion for the other printings...?

 

It’s a nice looking Halloween Note. At least your daughter notices things like that. Too bad about it being torn a little (upper left on the top). I’m not convinced it’s an inking problem but then I’m looking at a photo. It’s a keeper.

 

Sorry for the slow reply but I really fell down the rabbit hole with the whole paper currency error thing. I had no idea there were so many different errors with FRN's. I guess I should pay as much attention to paper as I do metal currency, lol

While on my perilous journey through the online world of Notaphily I noticed something that's not adding up. More specifically something called bleed through.

On the back of the note there appears to be bleed through from the ink on the front. Thing is 90% of the ink is missing from the front. So how would not having enough ink on the front to even bleed through make it darker on the back than it is on the front?



Or am I way off and it's just transferred ink from being banded in stacks? I'm keeping my fingers crossed here, lol.

 

Those marks on the back of the above note that @YankeeDime posted are somewhat common on new $1 FRNs. They’re from the portrait of Washington (specifically his coat) on the note below them in a pack and not bleed through.

 

That's good to know. I'm only about 36 hours into even knowing FRN errors are a thing, lol. I just noticed bleed through on several other notes online and it finally clicked and I was like "wait a sec..."

Just to clarify I'm so new I tore an extra tab of paper off the corner off a $20 note less than 2 weeks ago because it was annoying...

 

Hopefully this will help you with understanding errors on paper currency. This is what happens when the paper is missing from the presses. In this case, the front of the bill printed just right. The reverse on the other hand did not.

The reverse printed right as well but just before this sheet went through the press a sheet was not in the press. The ink from the front of the bill also printed on the reverse leaving what you see.

Many different errors can occur, a partial print, no print, a folded edge, etc. Do a little research into how paper money is printed and you’ll learn a lot more than you ever thought possible.

 

Looks like a printing error. Send it to CGA. Cheap currency authentication.
https://www.cganotes.com/