Hi all, This is a dollar bill that I got back when I had a paper route- It was roughly 1993 and I got this as payment for my papers.. I thought it looked interesting so I tossed it in my pocket in exchange for one of my 'tip' dollars. It's been in my possession ever since. I haven't been able to find *any* info on this on the web. I searched here and found one light ink dollar bill post that was informative but I wanted to see if you guys would have a look at this one. It's a 1988 A series dollar that appears to have all the green ink faded but everything else nice n dark. The back of the dollar appears to be 100% normal. Sorry they're digicam pics but I don't have a scanner at home. If you need better pics I can scan it tomorrow at work. Thanks for ANY info you can provide from these pics. :smile
most likely under-inked - see this thread. http://www.cointalk.com/t87808/ Nice find ~ Darryl Mine and yours is less rare (R4) then what Rick had posted and is classified as inadaquet ink. Value is probably somewhere between $90 and $150 based on some recent HA auctions.
The face is underinked. Could be an authentic error worth many times face but should really be sent to PMG or PCGS Currency for authentification to be sure as there are notes out there that are faked errors. Here is something similar on a $5 on Heritage Auctions that sold for $299 last October. You can sign up for a free Heritage account to see better pics and search other error notes in current and past auctions archives. You could also seek a currency dealer like USA Rare Currency who deals in Error notes and may be able to help you or even make an offer to you if you are looking to sell the note. However, I urge caution in unloading too fast. Learn about it all you can before you let it go too easily or for too little. Would be great if you can make some scans and post those images for us too.
OK, thanks to you both. I will scan it tomorrow and get them posted. That's pretty significant. I'm looking to start getting into silver a bit so this may be a great way to sell off one asset and get into another.. hmm.... Anyone have any Morgan or Peace dollars they want to trade for this? haha
even if it was allowed to offer a trade, which it's not (sorry) - no one should touch that without as Krispy mentioned ~ the note getting authenticated. There are many fakes where ink is tampered with chemically. Not saying yours is but a potential collector would/should want it to be verified by a third party grading company.
No, no I understand. I was kidding. I'm a newbie to the forum- I understand the deal. I assure you I am just trying to research this and find out what it's worth. If it was tampered with it was tampered with between '88 and when I got it in about '93. after that it's been in my parents' attic until I got married, then my attic until this year. So you guys recommend I send it into a third party company? I will have to look into that. I've never done anything like that before.. I've never had any currency that was WORTH doing that before. Ok- I've sent an email to USA Rare Currency as suggested by Krispy. I will look into getting this thing graded by one of the other two companies. I'll scan it tomorrow and will post the pics then (HOPEFULLY). Any other input is greatly appreciated. Thanks!
Thank you. Much better to view scans of this note. I should have suggested since the notes have such a light printing it would help to define the borders by placing a black (or dark) sheet of paper behind the note when scanning. I place tags around your image urls to get them to embed in the thread. Let us know what if anything you hear back from any dealers you consult about this note.
For your reference, your Series 1988A $1 note was printed in Washington DC on sheet-fed presses. For your note, the Boston district, there were 582,400,000 notes reported printed. No stars were printed for this district in this Series. Signatures on your note are: Villalpando | Brady. There is another Series 1988A printed on 'web-fed presses' which command a fair premium themselves even without errors and across grades, as there are significantly less of them that were printed this way. Unfortunately your note is not a web note.
I agree. You should have this verified by one of the grading services before going any further with possible selling. If it is authentic, you could have a decent premium attached. Most seriosu collectors won't buy a note like this for that kind of premium without authentication.
What is the reputation of the United States Grading Company? Their rates are pretty reasonable to have this graded..
USGC -- I had to look them up as I'd never heard of them. That might tell you a bit about them... Unless you are an ANA member which allows you to submit notes to PMG yourself without actually being a paid member of PMG, your best and cheapest option, would be to find a coin and currency dealer who will let you piggy-back onto their next submission to PMG or PCGS Currency. The dealer will submit the note on your behalf and you can get an authenticated (or confirmed counterfeit) returned via the dealer. Stick with the top grading companies like PMG and PCGS Currency, especially with this note. You really want experts looking at this note, not just the cheapest and less well known grading company handling this piece. Equally important is to consider that the reputation amongst collectors in regards to PMG and PCGS is much greater and since you mentioned potentially reselling this note once authenticated, you would want to have your note in a holder more widely respected by the potential buyers. This may even earn you more return on your investment of selecting one of the top two grading companies since you wish to turn that money around into silver coins and whatnot, netting you more silver coins. That's my take on how to handle selection of grading companies.
Darryl: do you know if USGC is related in any way to CGA? The holders looked very similar to me on that site. For the OP: both companies I would steer clear of for submitting notes, but if you know how to grade a note yourself that is in one of those holders and you know how much to spend on the notes found within the holders, there is nothing wrong with purchasing notes holdered by either of those two companies. It is just important to understand the differences in grading standards from PMG and PCGS Currency to these lesser known grading companies. Some collectors are successful at finding bargains in lesser known companies holders and resubmitting to the bigger names for more accurate grades, authenticity and respectability.
