I was given these dollars (with original bank paper roll) after going through some of my family old things. They have never been circulated and were kept in a plastic sleeve. As seen in the pictures the first dollar (374) was cut wrong and ripped. The second dollar (373) is cut right but has the back side of the dollar on the front and is printed over. After looking at different dollar errors on the internet I have not seen anything similar. I was kind of wondering what something like this might be worth. Thanks!
He man , Welcome aboard . Let me start with the second one . That's called a Wet Ink Transfer Error . I have one I paid around $80 for . It's in better shape also . The first, I don't know what to say . I will wait also .
Wet ink transfers happen when, in error, a sheet of currency paper does not enter the press, the inked printing plate will contact the impression cylinder. When the next and subsequent sheets enter the press, they receive both the intended printing on the correct side and an impression on the opposite side from the ink left on the cylinder.
IMO, this could happen if the bottom corner of the sheet got ripped off. When the sheet was printed, there was no paper for the reverse to print on so that part of the note has the obv and rev design.
That is quite an exceptional pair. As others have said how this happened I will not repeat. However, to have this pair of notes is exceptional! This is more than just bookends (notes above and below a note with an error) you have a note that caused the error and the error. I would guess that error note collectors would pay a hefty premium for this pair.
Very interesting pair. The first thing I'd say to you @CSANDS is to get those notes into protective sleeves of archival quality. I like your notes.
Somehow the one not was ripped at the BEP which caused the ink to be printed on the second note. A nice error to have so get 2 currency sleeves to protect them. Welcome to CT.
It would be nice if PMG certifies them together. They tell a story. I think it's amazing they slipped past QA.
Great pair. Send the photos to Bianca at Executive Currency and she’ll ask her dad, Fred Bart, and expert in error notes. I’ll pm you her email address @CSANDS.
@CSANDS, I hope you'll keep this thread posted on what you find out -- that's a really cool pair! Welcome to CoinTalk!
Only in the internet is this known as a wet ink transfer. In the hobby it is known as an offset transfer. If you know what offset printing is, you will understand the name.