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Error Note

Ken1796Ken1796 Posts: 145 ✭✭
edited March 21, 2024 9:50AM in U.S. & World Currency Forum

Hello To All ... Any idea what type of error on the 5 dollars note?
Specifically, what are the numbers (front/42382 and back/7418) on the extended paper.
Any assistance is appreciated. Thanks!!

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    Steve_in_TampaSteve_in_Tampa Posts: 1,851 ✭✭✭✭✭
    edited July 12, 2022 9:23PM

    Cool error note. I would describe it as a moderate cutting error. The note received all of the different stages of printing correctly, and then the corner folded during the final trimming/cutting process. The plate position of A1 tells us it was the top-left note on the sheet. I’m not certain what the 4 digit numbers are that are printed on the selvage, but would guess they’re used for reference by the BEP during the manufacturing process. Here are some other examples with prices from Fred Bart’s Error Guide.

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    Ken1796Ken1796 Posts: 145 ✭✭

    Thanks for the response. Within my elementary knowledge and some research, it seems the numbers (front/42382 and back/7418) could be sheet numbers. Any thoughts and once again thanks.

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    johnny9434johnny9434 Posts: 27,648 ✭✭✭✭✭

    cool error :)

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    Serial_no_8Serial_no_8 Posts: 431 ✭✭✭

    Within my elementary knowledge and some research, it seems the numbers (front/42382 and back/7418) could be sheet numbers. Any thoughts and once again thanks.

    I think the # on the selvage could mean just about anything (including the paper quality control # or just for BEP reference as Steve mentioned). Typically the BEP (& other printing companies) don't divulge what sheet numbers like these mean as its on a "need to know" bases strictly intended for the printers/production staff. The numbers won't affect the value of your note (in fact some error collectors prefer to see adjacent note designs) but all errors like this are pretty rare/very collectible.

    Very dramatic error (great keeper IMO)! Hope you've got it stored in a large mylar currency sleeve.

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    Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    Very nice score !!! 👍

    Timbuk3
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    Mike59Mike59 Posts: 307 ✭✭✭

    Love that $5 ! I have few of of those. I used to collect error notes and still have them. Work kinda got crazy busy and I haven’t had time to focus on it. Enjoy the note and thanks for posting.
    Mike

    MIKE B.

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    sellitstoresellitstore Posts: 2,580 ✭✭✭✭✭

    I'm willing to bet those are plate numbers and VERY significant as such. These would be extremely rare on this error. I'd certainly get it certified. It's worth much more than a note with just the cutting error.

    Collector and dealer in obsolete currency. Always buying all obsolete bank notes and scrip.
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    Ken1796Ken1796 Posts: 145 ✭✭

    I did locate some info from the U.S. Currency Education Program (see below URL) but it doesn't seem to help.
    I would really like to know what those numbers are. My concern is, if the note is graded, it will come back simply as a cutting error and nothing in regards to those numbers. Once again, thanks for the responses.
    https://www.uscurrency.gov/denominations/bank-note-identifiers

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    Ken1796Ken1796 Posts: 145 ✭✭

    I also found this on the BEP website within the topic "The Buck Starts Here: How Money is Made."
    Not sure what all the letters and numbers mean, right side of image:
    https://www.bep.gov/

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    Ken1796Ken1796 Posts: 145 ✭✭

    For Mike59:
    Can you post an image of the one you have?
    Thanks ... Ken

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    Mike59Mike59 Posts: 307 ✭✭✭

    @Ken1796 said:
    For Mike59:
    Can you post an image of the one you have?
    Thanks ... Ken

    I know l have another one but it’s a small fold over I can put my hands on it right now. Here’s a few fold overs but they do not have the plate # like yours.








    MIKE B.

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    Steve_in_TampaSteve_in_Tampa Posts: 1,851 ✭✭✭✭✭

    Wonderful examples Mike. Thanks for sharing.

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    Ken1796Ken1796 Posts: 145 ✭✭

    Thanks for the responses.
    For clarification, I was trying to locate one of those Notes that has the "butterfly/cutting" error but specifically showing such numbers as shown on the first image of this post. ... Thanks

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    Ken1796Ken1796 Posts: 145 ✭✭
    edited July 24, 2022 6:52PM

    Hello To All ... This has been fun, the researching portion for this note but VERY time consuming!
    I located the below image and it appears to have a trickle of 6 numbers on both sides (on the edges), no butterfly cut though. If in fact they are numbers, that brings more confusion (for me at least) as my note has on one side **four **numbers and the other side **five **numbers. After extensive elementary research, I cannot find a similar image of my above 1969 $5 note and specifically what the numbers represent. Any thoughts?

    Note: Please advise if the forum rules do not allow posting of a PMG graded item that I do not own. If so, I will delete the below image immediately.

    Please see the following and thanks for all the comments:

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    Ken1796Ken1796 Posts: 145 ✭✭

    Last Post ... Just found this on Ebay (below) for sale. It appears that PMG does not identify what the numbers represent. Good night to all and thanks again.

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    Steve_in_TampaSteve_in_Tampa Posts: 1,851 ✭✭✭✭✭

    You could probably file a FOIA request and find out what the numbers mean and their significance.

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    Ken1796Ken1796 Posts: 145 ✭✭
    edited July 25, 2022 6:13PM

    Thanks for the helpful information which put me on a wild research path. Also, please see the below image/text from the 2008 Standard Catalog of United States Paper Money.

    Note: Additionally located during the research, PMG did place the Sheet number for a Fractional Currency Note.

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    sellitstoresellitstore Posts: 2,580 ✭✭✭✭✭

    https://currency.ha.com/itm/error-notes/fr-1908-e-1-1974-federal-reserve-note-very-fine-extremely-fine/a/141412-32175.s?ic4=ListView-Thumbnail-071515
    Heritage sold a $1 with plate numbers eight years ago for $152.75, which seems cheap considering that about 1% or less of these cutting error notes show plate numbers. Most show unprinted paper, some show parts of adjacent notes, fewer show parallel alignment lines and fewer still plate numbers.

    Collector and dealer in obsolete currency. Always buying all obsolete bank notes and scrip.
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    JBKJBK Posts: 14,923 ✭✭✭✭✭

    That's a great error.

    I'm not sure what all the handwringing is about. They're obviously plate numbers used for quality or security purposes.

    Get it graded for protection and enjoy it or sell it. :)

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    Steve_in_TampaSteve_in_Tampa Posts: 1,851 ✭✭✭✭✭

    It’s rare, but every once in a while an uncut sheet will have some selvage visible.

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    jfriedm56jfriedm56 Posts: 891 ✭✭✭✭✭

    A little help on understanding how these errors occurred would be helpful

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    Steve_in_TampaSteve_in_Tampa Posts: 1,851 ✭✭✭✭✭

    It’s a “Third Print” shift error. The sheet was slightly angled when receiving the overprint. It’s kinda cool that you have the notes bookending the error.

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    jfriedm56jfriedm56 Posts: 891 ✭✭✭✭✭

    So then Steve, do you think the missing serial number in the middle note was caused by an obstruction and what accounts for the missing black ink in the district seals? Thanks for your response.z

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    Steve_in_TampaSteve_in_Tampa Posts: 1,851 ✭✭✭✭✭

    The missing black ink is minor under inking and obstruction would be my guess on the missing right-side serial number.

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