I can't find this error, but I don't know exactly where to look. Found in 1978, kept in a book. Bill was from a strap of fives. Anyone know what this error is called?
If it's real, I'd say it's an amazing error! My guess would be if it was real, anyone who owned it previous to you would have surely sold it but who knows?!!
It looks to be missing the 2nd printing. Very rare to escape into circulation. The 1st printing is the reverse, and the 3rd printing are the seals and serial numbers.
I tried to scan an example from Bart's catalog but my scanner refused the operation. He calls it a missing face print. His example from a 1993 $20.00 FRN is going for $895.00 Gem 65 EPQ. (Winter 2019 catalog)
Unfortunately it's not mine. A friend collected it and I saw it today. She worked the office at a grocery store and would be on the lookout for any error bills after they were delivered by Brinks.
This one (thanks for the note about Fred Bart) http://www.executivecurrency.com/collections/ProductDetails.php?item=11372 is quite similar, missing 2nd printing.
Cool error, and a great example. It’s missing the 2nd print. I copied a picture in Fred Bart’s error guide with estimates on value.
That's a great error! You don't see many like that. It's missing the second printing and with that much ink missing it's a wonder it made it out of the BEP. Get it out of the book and protect it properly. Depending on condition it should be worth $700 to $1000.
She says she now wants to sell the bill. In your humble opinions should she get it graded? I know little about currency grading companies.
I would think grading would only help the bill sell, not to mention ensure authenticity. But it of course certification has a cost, but if the bill has considerable value, the cost of certification would only help.
We have the for sale forum on CT. Having the bill graded first would be a big plus. It assures authenticity and protects the bill.
You are never going to find another error like that for the rest of your life. (You could buy one, but for me the fun is in finding it. Circulation or w/e.) I would never sell it. It will only increase in value over time, and should be passed down through the family. In a short while the money will be spent, and there will be seller's remorse forever.
