I was just curious how much a 1928E $5 Error Note like the one in the picture would be worth. The one at the local shop is in about the same condition maybe a little bit better (no crease down the center) the real difference is that its a 1928E (dont know if that matters.) thanks
I see some red tint in the photo, maybe something happened to that note? Maybe some solvent that affected the red ink printing, but did not affect the original printing? It will be interesting to see what the cognoscenti say about this one.
ok the picture is just a sample of one i might purchase, my dealer wants 300 for it........he is horrible at pricing error coins so I think this one might be a steal and my first note in my collection..........the one in the picture is on ebay for 500 but that doesnt mean its worth 500 so i need help LOL thanks
In Dr. Barts Paper money Errors the cheapest missing 3rd printing I could find was $200 in EF. The examples listed were 1977 $1 & 1985 $5.
Be aware that it is not at all difficult to bleach the red ink off of a red-seal note, and there are many such altered notes floating around the market--especially on Ebay, but elsewhere too. If your dealer isn't an expert on errors, and you aren't either, and the note isn't certified, then you might want to be wary about purchasing such a piece. It's quite likely to be worth $5.
I agree with this statement 100%.. I have looked at that note a few times..I am no error expert by any means. I only buy errors that are certified, that lessens my risk or at least in my mind lessens the risk. The Book that THENoost mentions, Dr. Bart is such an expert and there are several other books available as well on this subject. Just as you would in coins, research the note and then make your decision. Good luck.. RB
