I have a 1985 $20 FRN that is missing the third printing. It's not albino, it's just not there. It is from position H2, meaning it was in the last row of the second column. The left and top margins were cut with scissors, the right and bottom margins were machine cut. I conclude that this note was hand cut from a flawed half sheet of partially printed $20's that was meant to destroyed, but was instead stolen from the BEP. As it didn't receive a third printing, it was a lower security item than a fully printed, flawed sheet, so it was easier to steal. Has anybody else seen a note like this, or has advice as to how to document it?
Very cool note! I do not believe you would be able to prove your theory. I would think the BEP would have some record of what was rejected but I would also assume that they would not be able to prove it came from a rejected sheet. Someone could have cut down a normal size note for some bizarre reason. Is the widest and longest parts of the note bigger than a standard note? Thanks for sharing
I've seen a lot of error notes from the 70's and 80's. I've also seen other error notes missing the third print run. I believe the scissor cuts are post-BEP. Series 1981A $1 missing third print. http://currency.ha.com/itm/error-no...-missing-the-entire-third-print/a/362-16069.s
The widest parts, horizontal and vertical, are slightly larger than the stated sizes, but not enough to be statistically significant. I agree that my hypothesis cannot be proven, and so cannot be factored into the value of the note. I do think it's correct, though.