HEy Everyone...I'm brand new to coin talk. I figured i'd make this one of my first post. A couple years ago i worked retail and I was given the duty to count out money every night. Not being big into paper currency (i collect mostly bullion and morgan dollars) i came across this! I did some quick research and came up with "faulty alignment" but i also notice some bleed through on the top and back (serial numbers). Is there anything else wrong with this bill? Also would it be worth it, to send it in, to get graded? I realize there is a pretty hard crease going down the center so, I'm assuming this degrades the value significantly. What do you all think?
Welcome to CT! Very nice note you have there. I've never had a note graded but that may be one to send in. Maybe someone else can chime in on this.
Welcome to Ct! Sorry we miss your post the other day. I agree with the previous thoughts to consider having the error noted authenticated, although with this sort of error, the time and cost of grading this one it may eat up much of the numismatic premium the note could fetch. I say this despite the fact that having the TPGs grade/slab may help off-set any buyer fears that it's not an authentic error note should you try to sell it raw. I cannot grade from the pics posted, feel it is likely authentic (not faked) and I'd *guess* this note to be worth 10x or 20x face as is. Just a wild guess on my part, but the error looks dramatic enough to be outside of slight quality control tolerances that the BEP might have in place to remove such notes before they leave the printing facility. You can check out PMG and PCGS Currency services for grading and authenticating. I also like to share this error dealer's site: USRARECURRENCY.com to give folks an idea of the type of note errors and the sort of dealer ask prices that are out there. The dealer does also list on eBay with a significant mark up so be aware of that when regarding prices here. Let us know if you have it graded or if you have other questions about grading and notes in general.
nice note roko786! not something you see alot :thumb: As krispy mentioned, the cost of grading 'may' offset a premium, but it would also help keep the note healthy for the long term if you intend to keep it.
