I received this note several years ago as change. The note was recently submitted to CGA for grading but they could not encapsulate it in a CGA holder due to "Questionable Authenticity". No further explanation was provided by CGA. What does "Questionable Authenticity" mean, or does anyone here have an idea how the $20 imprint came about? My thoughts are CGA could not figure this out.
Somebody scanned a $20 bill and printed it onto a $1 bill. These are often sold on Ebay and people who don't know better pay lots of money for them, thinking they're BEP errors. It's worth $1.
Can't say I've seem any errors of this type on ebay before. Your theory explains the $20 imprint, how about the ink smears on the reverse side of the note that seem to bleed through to the front. Do you believe this to be a genuine error or further tampering of the note?
I agree.... I am pretty sure I can see the pixelation on the $20 from that picture... let alone a close up.
Isn't the giveaway that the seal is also on the "overprint"? I thought the seal was a different printing, and the odds are very long such a thing would ever get printed TWICE such a way. At least in my mind that proves it right there, but you guys are more expert at these than I.
Here's the test. Most inkjet color printers use ink that will run when exposed to water. BEP ink would not. Just put a drop of water on the questionable printing and see what happens.
While I agree that this is post BEP what you have suggested would leave a reverse image of the $20.00 note.
Exactly or something like the above explanation. A $20 on top of a $1 is an obvious fake error, jmho.
