Please help me to understand.

Discussion in 'Paper Money' started by Lather, Mar 3, 2010.

  1. Lather

    Lather Time traver Numismatist

    OK.. So I thought I understood how some errors in currency happen but on this error note.. Well the two different SN I would expect to be consecutive..
    Please help me to understand how this can be real..
    Am I right that the SN go on the note with the 3rd run through?

    http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=250586798966&ssPageName=STRK:MEWAX:IT


    Also this note.. Counterfeit? Look at the Pinstripe around the reverse..
    Paper looks like ... ???
    http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=220561180120&ssPageName=STRK:MEWAX:IT
     
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  3. cman

    cman Junior Member

    Wow... The person in the second auction thinks that note are two pieces glued together... What has this world come to...
    Might just be a wash job on the 2 silver certificates. Not an expert though
     
  4. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Go figure!!
     
  5. vrt

    vrt Junior Member

    What's to figure? Look at the serial# - it was sold as part of uncut sheet and somebody cut it like this.
     
  6. De Orc

    De Orc Well-Known Member

    With the 1st it is also possible that it was cut like that at source
     
  7. vrt

    vrt Junior Member

    I'm pretty sure the source doesn't cut sheets with numbers higher than 96000000.
     
  8. Numbers

    Numbers Senior Member

    Yep, that's from an uncut-sheet run. The circulation printing of 2003A $2's for district I only ran up to I06400000A anyway. You can also tell by the serials being only 6000 numbers apart; in regular production these days the skip is 200,000, at least for non-star small-denomination notes.

    As for the other auction, they're probably actually the front and back of a single note, carefully peeled apart. With a nice soft worn-out note and plenty of patience, it's not too difficult to produce these....

    As a rule of thumb, a very large fraction of all "errors" on Ebay are not, in fact, errors. Very few are outright counterfeits, but there are a lot of altered genuine notes.... :headbang:
     
  9. conpewter

    conpewter Junior Member

    the $2 is pretty cool, how do you get uncut sheets of bills? And would the bill in the picture be legal currency?
     
  10. Numbers

    Numbers Senior Member

    You can buy 'em straight from the BEP here. They do cost more than face value. Note that the full sheets have lesser price premiums than the partial sheets--so if you're thinking about getting a small size, you might find it cheaper on Ebay, from a seller who bought a full sheet and cut it up into partial sheets himself.

    The notes from the sheets are legal tender just like other currency. So the Ebay $2 "error" would still be redeemable for $2, since it contains clearly more than 50% of one $2 bill....
     
  11. lettow

    lettow Senior Member

    Serial numbers on the same sheet will not be consecutive on modern notes. This is because of the way they are printed and cut. Notes in the same plate position on successive sheets will have consecutive serial numbers.

    When the BEP prints a run, they figure how many will be printed, count up and start with the sheet that will have the highest number which will be in the lower right corner of the sheet (H4). The next sheet numbered will contain the numbers immediately before the preceding one. The sheets are stacked on top of each other so the numbers are in sequence going down through the stack. The stacks are cut and the notes separated and banded.
     
  12. Lather

    Lather Time traver Numismatist

    \

    Thanks.. I understand now.. They would have to collate after the cut if they ran them the way I thought.. Thanks
     
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