extremely significant... I think you've figured out the meaning of existence! uh but really, it would bring a premium, except that it has writing and a big fold in it... so I dont know.
Thanks. I expected it to be minor, but, well ... I don't actively collect currency. I just put away anything that seems interesting. So I don't know how to grade it. But I do know that this isn't CU
you are correct about the grade lol it is far from CU. However, it is pretty cool smear. Not a huge one, but cool none the less! keep it safe
Yep, but so long ago I don't remember the circumstances. Must have spotted it by accident because I've never intentionally collected currency. Only exception is that my wife got me a HAWAII note about 10 years ago. Stuff is out there. You just have to keep your eyes open.
General Questions... A) Why is "smear" worth extra? B) How much "smear" should there be to consider it rare? Who/wants them? Thank you in advance for your response.
Collecting error notes is a hobby that has only come into fruition in the last 30 years or so. when I was a kid, dealers would have some fantastics errors for pretty cheap because they weren't in UNC condition. I remember picking up a $20 bill that was torn/mutilated through the printing process, and then printed on top of the folded mutilations for only $40 because it had been circulated. Lately, there have been huge numbers of error collectors which has driven the prices up significantly. People collect them because they have a coolness factor, each item is original in it's own right, which also makes it very difficult to give accurate pricing advice. The obvious axiom is the more dramatic the error, the more it's worth. Each error also provides an insight into how the BEP produces banknotes. Unfortunately with OP's error, there would be a small audience lined up to buy it, but it is worth a premium and it would sell for more than face on something like eBay.
