Escaped from the BEP - 1969A $1 A00000000A

Discussion in 'Paper Money' started by funkee, Jun 10, 2014.

  1. funkee

    funkee Tender, Legal

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  3. jlogan

    jlogan Well-Known Member

    i thought serial numbers started with A00000002A
    how is there an all 0s?
     
  4. Bayern1900

    Bayern1900 Member

    "00000000" And "00000001" are usually destroyed before leaving thr facility.
     
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  5. jlogan

    jlogan Well-Known Member

    oh ok. the FRB of Kansas City has 1928 $1000,$5000 and $10,000 bills with the serial number J00000001A, i thought they were NIFC specimens or something.
     
  6. Bayern1900

    Bayern1900 Member

    Yes sometimes they are for display and others destroyed. But no matter what they end up being, they are all NIFC
     
  7. funkee

    funkee Tender, Legal

    A lot of serial number 1 notes surfaced beyond the BEP during the mid 20th century. Sometimes they were sold or gifted in sheet form, often to various political celebrities. Ocasionally they did make it into circulation as well, especially among series that had hundreds of blocks printed.

    It seems this 0 note was supposed to be pulled and replaced with a star note. Perhaps someone screwed up. They replaced the 99999999 note instead.
     
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  8. Numbers

    Numbers Senior Member

    Exactly. Serial number 00000000 doesn't come before 00000001; it comes at the end of the block, after 99999999. Really it should be 100000000 (nine digits), but the numbering head hasn't got that many number wheels.

    In the very old days (ending roughly in the 1930s) the BEP would actually manually number a note with the nine-digit serial 100000000 at the end of each block. More recently, they just allowed the numbering to roll over from 99999999 to 00000000, and then replaced 00000000 with a star note. Since 1977, they don't issue serial numbers all the way up to 99999999 for circulation anyway, so the problem never comes up.

    This 1969A $1 note is the only known case where somebody slipped up and forgot to replace the 00000000 note by a star, so it actually got out into circulation. Sometimes these things happen....

    In some older series, the BEP printed specimen notes with all-zero serial numbers. By the '60s, though, specimens generally have serial number 12345678 or 23456789. So the 1969A $1 note in this thread wouldn't be numbered 00000000 if it were a specimen.
     
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  9. rickmp

    rickmp Frequently flatulent.

    It sold at Heritage for $58,750.00.
     
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