Hello people of coin talk I have this $1 bill that is stamped on the back was wondering if anyone knows what this error is called and might it worth anything. Thank you for the help.
I don't know much about this type of error so someone else will chime in. What I can say is 'FINALLY' an error to assess!
It is ink transferred from the sheet of notes below it when the sheets are stacked. Notice how writing is mirrored /backwards. Very cool looking note and a keeper in my book.
Normally when you get an ink transfer it is from the inking bed. I had read that ink transfer from "wet" notes is misunderstood and it doesn't happen that way. The fact that this is a mirror image could be a clue if this is the real deal or not. Wait for an expert to explain if this is actually possible.
OP’s note turned and cropped for your viewing pleasure. I vote FAKE. You see these on eBay occasionally.
What is called the third printing is actually two printing. The first part is printing the treasury seal and the serial numbers while the second part is printing the bank seal and corresponding numbers. It is unusual for the serial numbers to be missing if this were a wet ink transfer, also, there is a serious inking problem on the "C" in the bank seal (smudge or some sort of over inking?). I can't be sure without having the note in hand, but this could be fake. Electronic copying and printing equipment are capable of this type of fake. On the other hand (from the photos) the seals and numbers look sharp, so who knows. If it did not have the fold I would send it in to PMG to be certified.
I only thought it was fake because it is reversed. The notes are not really that wet when they are stacked to make such a bold transfer such as this, and, if it really was that wet, the entire note would be seen.
Perhaps not, if it was just the 3rd printing that was wet and the other printings were already dried. But it is my understanding the ink transfer does not happen from wet notes.
Right. It's not transferred from another sheet. Rather, the press cycled without a sheet present at all, and the ink intended for that sheet ended up on the pressbed. Then when then next sheet came along, that ink ended up on its back side. This information is out of date. On the new LEPE lines (certainly used here since the note is from a 50-subject sheet), there are *three* separate parts to the overprint. One drum prints the left serial, one prints the right serial, and one prints the seals and district numbers (yes, the third drum has two ink colors). LEPE uses computer-controlled numbering heads that are so large that they can't be packed close enough together to print both serials on the same note in the same pass. So this note looks exactly like we'd expect if it's an offset transfer caused by a paper misfeed at that third drum. That doesn't guarantee it's genuine, but at least it's not an *obvious* fake.
So I am reading that you believe this note to be created, and not an error. Even if there was this misfeed on the 3rd drum, would the seals be mirror image?
Thanks for the update on the new LEPE lines. I did not know that information when I posted. Where can I read up on this process?
Reading everything since my original post, I recommend the note be inspected by an expert or submitted to PMG for authentication.
Late to this but likely real - can be faked but these absolutely exist, offset transfers of the third printing.