A Good Day~Thank You Circulation Find

Discussion in 'Paper Money' started by clembo, Jun 10, 2021.

  1. clembo

    clembo A closed mind is no mind

    Just thought I'd share a phone call I got from a friend.

    He said he had an offer on a note he put up for me on ebay. I told him to accept.
    The offer was $150. He had it listed at $184.99.
    I had a grand total of $1 invested into that $1 Federal Reserve Note.

    I pulled this particular note out of circulation in my truck stop days some 20+ years ago. I haven't listed on ebay in years. When they made Paypal mandatory I said enough. So he lists the occasional piece for me.

    At one point I had thousands of these particular notes. Seriously, a few thousand. An obscure error that was rather hot for a while.

    What was it? A 1995 295 engraving error. Paper enthusiasts may remember them. There were actually over 300 combinations of blocks, runs and face plates.
    The one just sold was an L-X block, run 3 347 face plate. Very scarce combination. Only 2 known.
    That was one of them. Average circulated. I pulled it out of my cash drawer for a buck back when I worked in a truck stop.

    He's had it listed for a while. I told him to take what he needed and I'll take the rest. Knowing him he'll just take the fees. I don't care - he can take half if he wants.

    Yes I still look at all of my change and all of my paper. Sometimes it can really pay off and I have found some very nice paper money errors over the years.

    Still have quite a few scarcer 295 errors that I'm doing nothing with. A few are on ebay as I type this.

    Like I said. A good day and I hope it only gets better.
    NOS, Bradley Trotter, tibor and 3 others like this.
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  3. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Not being a collector of paper money, I didn't understand a thing that you said.

    It's nice that you made a profit from this note, whatever it is.
  4. Matthew Kruse

    Matthew Kruse Young Numismatist

    Same here. Could we see a picture of the note (or a similar one) that shows what the error looks like?
    Kentucky and yakpoo like this.
  5. yakpoo

    yakpoo Member

    Like all investments, you only actually make money once you consummate the sale and subtract expenses. Nice profit! (be sure to declare it on you income tax :)).
  6. clembo

    clembo A closed mind is no mind

    Ebay sale and not by me. I told the guy that sold it take whatever he needs. I'm sure I'll be up at least $100.
    yakpoo likes this.
  7. clembo

    clembo A closed mind is no mind

    I'll just explain the error then you can scratch your head and say "someone actually paid $150 for that?".

    If you pull a $1 note (bill) out of your pocket you'll see a small number toward the bottom right. That is the back plate number.
    Some notes bearing the 1995 year were printed the wrong size. Always the number 295.

    The front bears a number as well. If printed in Fort Worth you will see FW a larger letter and another number. That is the face plate number.

    The run refers to the serial number. Runs go in 6,400.000 batches. Run one is 00000001-06400000 Run 2 is 06400001-12800000 etc.
    There are 15 run in each block.
    A block is the letter before and after the serial number.

    This particular note was a L-X block, run 3 347 face plate with the wrong size 295 back plate.

    A very scarce combination and someone obviously wanted it.

    A teeny little thing but I'm happy I know what they are.

    Here's a link with a few pictures.

    You'll rarely see any of these in circulation these days.

  8. yakpoo

    yakpoo Member

    I knew about the different size plate numbers, but I never knew there was an error. I wish I knew this before you cherry-picked them all!

    I've been keeping my eyes peeled for one of these...

  9. paddyman98

    paddyman98 Let me burst your bubble! Supporter

    This thread would of been of good interest over at the Paper Money forum ;)

    Not the General Discussion forum.
    Matthew Kruse likes this.
  10. clembo

    clembo A closed mind is no mind

    Yeah, I suppose I could start the same thread over there.:D
  11. SteveInTampa

    SteveInTampa Always Learning

    An example of the error.

    72B04BAC-0F51-4701-8C05-707B70972DED.jpeg 279BB01C-851A-4D53-B4A7-ED0A665C392B.jpeg
    Timewarp, Bradley Trotter and midas1 like this.
  12. Timewarp

    Timewarp Intrepid Traveler

    Here's another. Pulled from circulation.
    1995  H-E obv.jpg 1995  H-E rev.jpg
  13. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    to bad the condition isn't better :(
  14. clembo

    clembo A closed mind is no mind

    Sure but the combination of block, run and face plate mean a lot.

    The one I just sold was in about the same condition.
  15. Bambam8778

    Bambam8778 Well-Known Member

    That's pretty cool! I never knew about this error! Thanks for sharing this!
  16. clembo

    clembo A closed mind is no mind

    A quick update. My friend dropped the money off at the coin shop where I used to work.
    He took a whopping $25 so I'm up $124.:D
    NOS likes this.
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