Reject $5 32 note uncut sheet.

Looking for info/price on an uncut sheet of 2006 $5 bills that have a Reject stamp on the reverse of one of the bills. There are 32 bills in this sheet that my bank is selling for $275 which is the price that the fed sells these promo sheets at. I can not determine if there are any defects in the sheet or if the stamp was a Fed mistake. The stamp is in red and has square blocks and asterisks on either side of the word reject. Do you expect the sheet will be worth more than the $275 it's being sold for?

 

Log in or Sign up to hide this ad.

I am not quite sure on how to answer that one! What I can say is that it sounds like an after (post) BEP Stamp... the BEP does not stamp notes as rejects to my knowledge..they shred them and issue Star Notes in the event of a "reject/error"....

So my advice is to investigate before you leap....


RickieB

 

the way i know the BEP marks notes is with a big red crayon or marker. As the sheets pass by them, if they see a defect they slash across the face or back with their writing instrument. This is then pulled at some point on the line for destruction as RickieB mentioned. I guess its possible for a sheet liek that to escape... but to my knowledge they do not use a rubber stamp as you describe

 

Picture of sheet with stamp

Hopefully this will help. Thank you both for the info so far.

 

I have added a pic of the bill and stamp. Maybe this will help.

 

I've added pics of the sheet and stamp for you to take a look at. Thank you for your help so far.

 

pics are way to small...
post them using a host like photobucket or tinyimage so we can see better...



RickieB

 

http://s924.photobucket.com/albums/ad85/dominicperkins_photos/?action=view&current=1027091612.jpg

Thank you RickieB. I realized too late that my original post in the coin section should have been placed here in paper. I will discontinue the coin side of things and keep it here.

 

From the photobucket images it appears to be an after market stamp.
As mentioned before...the BEP does not stamp items like this (that I am aware of) and let them go into circulation. The reverse of the note looks normal from what I can see of it....I would not buy this sheet of notes.. if you want a sheet go here...

Do you have images of the face of the notes?? Post them if you have them...

http://www.moneyfactory.gov/store/index.cfm/9

Run run run...


RickieB

 

Thank you. Suprisingly this is where the bank bought these 32 subject sheets. I now see from that site, that the bank rolled the $60 frame into the cost. So really I can get this sheet w/out the frame for just over $200 if I wanted it. Thank you for the help.

I've sent an e-mail to the BEP store to have them confirm the stamp is theirs and not from the printers. Thank you for your assistance!!

 

I agree, looks like a stamp I have sitting right in front of me. I'll try to post a picture from my BB. Should be interesting to see if the BEP store responds. I wouldn't buy it because I doubt it could be authenicated without an obvious error.

Good luck ~ Darryl

 

Have you bothered asking the bank about the stamp or where they got the sheet from. That would be the obvious place to start.

 

Upon closer inspection, it appears that it is not a stamp at all but sprayed on by an ink or laser jet printing process. If you look closly you can tell the sheet moved passed a spray head. I have not yet heard back from the BEP.

As an employee of the bank, I was possibly the third person to lay my hands on this sheet after it came out of the shipping tube from the BEP so the possibility of this happening at the bank are impossible.

I will get more pics to post of the face of the bill and a closer image of the "stamp".

 

Wonder if an automated inspection machine picked something up? You said something about framing, did it come framed from the BEP?

Like I said, will be interesting to see what the BEP says if anything. I would inspect the back of the sheet looking for anything unusual if you are certain it came from them this way.

GL ~ Darryl

 

Sounds like funny money lol...

 

Mind if I ask you what makes you think this?

Just curious...you may find out something we do not know..but I still feel it is post BEP...I could be wrong..ya just never know what they may do these days.

RickieB

 

i am just curious what bank would order something from the BEP. i work for a bank and have never heard of this before. unless it was sent by the BEP as a training tool to teach about the security features of the new 5's. hence the reject stamp.(if it actually came that way from the BEP). like someone had mentioned before the BEP reject notes usually have a red pencil mark on them, not a stamp. if that is the case that the notes were sent from the BEP the fact they framed it and are now selling it is very unusual and seems kind of unethical. the only notes i have seen that have gone for a lot of money are the "specimen" notes that the BEP had made to send to other countries to teach what to look for on real US notes.









and one RickeB might like

 

Nice Specimens, Question, Whats the extra value over a regular one
Just curious

 

right now these are all up on ebay for thousands of dollars. all except one are from the same seller. i think $100 note is going for $9995 BIN or best offer. :bigeyes: i know the prices are inflated but from what i hear they are quite rare. you notice they are all ladder notes also. i would love to get my hands on one

 

The BEP didn't provide much depth in their response: "It appears that you may have received a misprint. Please contact the Customer Service Representative at 1-800-456-3408 extension 7689 for instructions on how to return the merchandise and exchange it. Thanks."

I have also added a few more pics from my phone to the album: http://s924.photobucket.com/albums/ad85/dominicperkins_photos/?action=view&current=1027091612.jpg