Well I am not sure if this guy deserves to be tarred and feathered but he sure needed to be more clear in his listing for sure, I will go back and try and find the listing as it ended about an hour ago, but the discretion basically states that the note was fresh back from PCGS and looked MS and I dont have a problem with that until you look on the back of the note which there is a comment listed on it "Made to wrinkle" in all my years of collecting certified notes I have never heard that term but as we all know a comment listed on the back is never a good thing at least 25% less as no one wants a note with a problem that it has to be listed on the back but this little oversite by the seller not to mention that in his description is almost criminal...LOL and yes I know I would have to problem returning it but its just the hassle and I have enough of those in my life. but I did go back and do a double take before increasing my bid just wanted to make Sur this is what I wanted and when I found the comment on the back immediately cancelled my bid, so the hunt continues...
Remember, Slow and steady wins the race or something like that.... It's a good thing you caught it though.
It looks to me like the glare cut off the word before MADE. Notes from the TPG on the back are not always bad. I have several TPG notes that are worded on the back that are very positive and I’m glad they are there.
“As Made Paper Wrinkle” means that the blank security paper used to make this note had a factory wrinkle or blemish.
your guess is as good as mine it would be helpful if they put more of an explanation on there this is actually a real nice note and if it didn't have that comment on there it would be on its way to me no, I think the final max bid was$5,038 which is far below other similar 55,s
@SteveInTampa reply nails it for me. Wrinkles (& other flaws) are sometimes mentioned on the back of the holder. Nothing unusual about that. Here's an enlightening thread on the subject of paper wrinkles on the PMF. For me it is entirely dependent on the note in question (whether I would purchase/bid on a wrinkled note or not). So context is most relevant. If it has been a tough note I've been tracking/looking for (& the wrinkle isn't too distracting) I may go for it. If its not a note I've been searching for I would likely pass. For me, production issues aren't as bad as issues caused in circulation, but to each his own. One thing that is always true: "buy the note: not the holder."
OK, these are what to stock up on before you go back in the time machine. Buy yourself a few dozen beat-up series-1928 $1000 notes at 5-10 times face value, go back to 1929 (sometime before October to avoid all the fuss), swap them all for double eagles, and bury the double eagles somewhere secure. Actually, if it doesn't blow your space or mass budget, I guess you'd be further ahead using $100 notes instead. Culls from series 1928 can apparently still be had for less than double face value. I'd be happy to shell out even two hundred dollars per five double eagles...
$500 and $1,000 bills are notorious for wrinkling but why mention in the comments ? its not like it was done after the fact such as pinhole are graffiti.
The TPG is noting the bill’s condition. Wrinkling is common and acceptable but not everyone knows this.
Rather, the paper wrinkled while drying out after the intaglio printing. Remember that before Series 1957 the notes were printed on damp paper. Paper wave, and occasional wrinkles, were normal results of that production process, and don't lower the grade of a note as circulation bends and folds would do.
there's one thing it does do is lower the value significantly, many people on the bay have problem notes and they keep showing up why? because no body wants them even at a huge discount, that comment on the back is real deal killer !
