1973 $1 with Inverted Back Design Error

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A 1973 $1 bank note S/N GG0942958 with an inverted back design was sold on eBay tonight (item # 181396920225).

This is the first example of an inverted back design error discovered on a 1973 $1 Bank of Canada issue.

It sold for USD $ 2,325.00.

This type of error is listed at the end of the Charlton catalog. E27. They appear quite rare.

Yikes...Get that paperclip off of the note!   

Looks a bit late for the paper clip.
I see a bit of residue (rust) just below the end of the clip and who knows what lurks under the clip. Hopefully not much.
And be very gentle in removing it so the (usually) sharp of jagged ends of the clip don't rip or scratch the note, especially if there's rust under it.

Quite a bargain.

Looks a bit late for the paper clip.
I see a bit of residue (rust) just below the end of the clip and who knows what lurks under the clip. Hopefully not much.
And be very gentle in removing it so the (usually) sharp of jagged ends of the clip don't rip or scratch the note, especially if there's rust under it.

Judging from the scan of the back, there is a minor stain that was under the end of the paperclip, and other minimal staining elsewhere on the back of the note.

It's a unique note, and all that is being discussed on the forum is the note's condition?  Hilarious.

It is truly a unique note, at the very most at one time there were 40 others but after 40 years and not a mention of this error on any denomination of this series I think this is probably a lifer. To me it's more in the range of an *MD for value.

A 1973 $1 bank note S/N GG0942958 with an inverted back design was sold on eBay tonight (item # 181396920225).

I'm not so sure...it kind of looks like an inverted face design to me. 

I saw this when  it first came out and did bid  on it, however the sellers choice of making the bidding private and lack of a history of selling numismatic items gave me slight reason  for hesitation. I stopped watching after it passed $1000, and instead put the money towards an abnormally thick error quarter and a 6 digit mismatched serial note instead

I'm not so sure...it kind of looks like an inverted face design to me. 

You know, you could be right about that.  Correct me if I am wrong, but I think the back is printed first, then the front.  It would be very hard to believe that the background of the front design is printed first as that would mean the sheet on which this note was printed had to be inverted *twice*.

It sold for USD $ 2,325.00.

Call me conservative (only small c conservative please!) but I think this new owner is going to have to hold on to this note for some time (like a decade) to recoup his investment unless there's a new rush on collecting errors pretty soon.

http://www.ebay.ca/itm/121347154251?ssPageName=STRK:MEWAX:IT&_trksid=p3984.m1423.l2649#ht_2040wt_923
That makes two.

I have seen two of these note this past weekend at the Toronto Coin Expo. Both note examined were forged error notes. The notes have been split apart, the back turned around to give the appearance of being inverted and then glued back together. Splitting notes id nothing new, and has been seen before. Beware of these notes.

Why am I not surprised.

I guess the next thing we will see is a 1986 $2 Bird note with inverted back design and "a polar bear emblem"   

And for those among us who are collectors of world bank note errors we now have the very rare inverted back design note from Spain.

http://www.ebay.ca/itm/MAJOR-ERROR-INVERTED-BACK-Spain-Banco-De-Espana-1928-Fifty-Pesetas-Banknote-AU-/121296796171?pt=Paper_Money&hash=item1c3dda3a0b&_uhb=1

Coincidentally it is from the same seller that offered us the Canadian $1 inverted back design error.

I have seen two of these note this past weekend at the Toronto Coin Expo. Both note examined were forged error notes. The notes have been split apart, the back turned around to give the appearance of being inverted and then glued back together. Splitting notes id nothing new, and has been seen before. Beware of these notes.

Another example currently on eBay but this time its an inverted back with a cut out of register error (eBay item # 181816074571).

Makes me wonder if the recently discovered $2 Bird EGU cut out of register "good-over" is another creative forgery.

Another example currently on eBay but this time its an inverted back with a cut out of register error (eBay item # 181816074571).

Makes me wonder if the recently discovered $2 Bird EGU cut out of register "good-over" is another creative forgery.

Now I am convinced that the 1986 Bird $2 EGU cut out of register "good-over" is a forgery.   

I just discovered it was sold on eBay by the same seller who is selling the 1973 $1 inverted back design error (see eBay item # 181776541539)

http://www.ebay.ca/itm/1986-Canada-Cutting-Error-Paper-money-UNUSED-/181776541539?pt=LH_DefaultDomain_0&hash=item2a52b9e763

Coincidence ?  I doubt it.   Another example of "if its too good to be true, then it probably isn't".

The quality of these forgeries is simply astounding. 

The quality of these forgeries is simply astounding. 

Is it just in the images that these notes look astounding or is it also when in hand. I simply cannot wrap my head around the fact that a note can be split, then put back together and leave no physical evidence etc.

It would seem that this may be easier done with notes that were in sheets. Perhaps a whole sheet was split and then put together again and then the notes were cut with sharp corners to give it a appearance of a pristine note?

I simply cannot wrap my head around the fact that a note can be split, then put back together and leave no physical evidence etc.

There is physical evidence.  For example, embossing would give the game away, but the fakers are sharp enough to realize this and press all the embossing out before putting their wares on the market.  There are other ways to detect the fraud but I'm a bit reluctant to explain on a public forum lest the bad guys see it and try to figure out some means to hide the evidence, though I do not imagine it could be easily accomplished.
Congratulations to Canada-banknotes who made the connection with the EGU "discovery" - excellent work!
Whole or part sheets have nothing to do with the case, other than to facilitate out of register concoctions.

The same $1 error is back up again. Item # 121815150424

The same $1 error is back up again. Item # 121815150424

Same manufactured banknote error, same US seller but different serial number. 

Previous eBay Listing:

Current eBay Listing:

And we don't want to leave the world banknote error collector out so here is another Gem from the same seller.

     

 

Same manufactured banknote error, same US seller but different serial number. 

Previous eBay Listing:

Actually the one that is up for sale is the original one you mentioned at the beginning of this thread that sold for $2325.

Actually the one that is up for sale is the original one you mentioned at the beginning of this thread that sold for $2325.

So its actually a 1973 Duplicate Serial Number Inverted Back Design error (BC-46a-E19-E27).   

There is another one on ebay

262195727042