I found this note. I am not really into error notes but this one got me a bit curious. I don't know much about how much "error" actually makes it worth keeping. I am pretty sure this doesn't count since the whole print is there. So do you guys have any suggestions as far as sources on that topic go?
Off center cuts are fairly common and the cut would have to affect the printed area to gain any real value. The more off center, the better. This is the result of the machinery being slightly off registration. You might find some info on the BEP site. (Bureau Of Engraving and Printing).
Or this could be a cutting error. This happens when a sheet obtains a fold along an edge, then shifts to one side or another. Check to see if the reverse is also shifted. That would indicated the sheet - fold.
I forgot to mention to check and see if both the back and face are in the correct front to back relationship. If not, then this "Out-of-the-Box" condition would indicate a second printing error.
I collect error notes and this one is my favorite. It is a 1969B that at quick glance looks like a cutting error. But upon closer examination is a multiple folds error. It's really impressive in person. Take a look.