CPM Forum

General => What's It Worth? => Topic started by: EyeTradeMoney on February 10, 2009, 11:59:27 pm

Title: 1986 $2 Major Cutting Error
Post by: EyeTradeMoney on February 10, 2009, 11:59:27 pm: PM to let me know if you have an idea what this could be worth.

(http://img201.imageshack.us/img201/7205/19862cut.th.jpg) (http://img201.imageshack.us/my.php?image=19862cut.jpg) (http://img201.imageshack.us/img201/9735/19862cutrev.th.jpg) (http://img201.imageshack.us/my.php?image=19862cutrev.jpg)

[edit]Removed offer for sale of fabricated error. --BWJM[/edit]
Title: Re: 1986 $2 Major Cutting Error
Post by: BWJM on February 11, 2009, 12:23:36 am: $5 if C.Unc.

EBA was a prefix that was used for uncut sheets, so this is very likely to be a hand-done cutting "error".

Give me $200 and I'll give you one just like that but for the $1s... BFD prefix.
Title: Re: 1986 $2 Major Cutting Error
Post by: coinsplus on February 11, 2009, 12:34:39 am: Yes, BWJM is correct. These sometimes go for about $5 to $10, and if you're lucky, perhaps $20 on eBay. Hopfeully, you didn't pay too much for this human, hand-cut error from a sheet of $2 notes.

The Bird Series $2 sheets of notes (8 notes x 5 notes or 10 notes x 4 notes) were issued and made to the public by the Bank of Canada in 1996. They retail for about $100 to $175 at some coin shops, or about $300 on The Shopping Channel.
Title: Re: 1986 $2 Major Cutting Error
Post by: EyeTradeMoney on February 11, 2009, 03:11:03 am: Haha it's still a fun piece to show your friends.

UNC is worth $6 and I knew it when I bought it... am I a sucker? It's not easy to perfectly "hand cut" such a large sheet of bills while assuring it remains in 'UNC' condition.

I paid $20 for it. I figured I'll show it around a bit and sell it back for $20 whenever I get tired of it.

I have the $1 too.
Title: Re: 1986 $2 Major Cutting Error
Post by: sosso on March 04, 2009, 09:29:09 am: major fraud! don't buy these ridiculous notes. Who is creating these anyway? Shame shame shame!!!!
Title: Re: 1986 $2 Major Cutting Error
Post by: friedsquid on March 04, 2009, 10:06:10 am: Quote
PM to let me know if you have an idea what this could be worth.

Feel free to make an offer

If you know what it's worth....and know its not a real error ...why ask?
Title: Re: 1986 $2 Major Cutting Error
Post by: nova7415 on March 04, 2009, 04:42:07 pm: DITTO
Title: Re: 1986 $2 Major Cutting Error
Post by: KrispyNote on March 04, 2009, 09:25:54 pm: It's nothing less than fraud, Even though YOU know its a rube, I'm sure some unsuspecting soul could be suckered into paying thick for it!
A really bad joke, But that's just my opinion!!!!
Title: Re: 1986 $2 Major Cutting Error
Post by: friedsquid on March 05, 2009, 07:55:09 am: Quote from: KrispyNote on March 04, 2009, 09:25:54 pm
It's nothing less than fraud, Even though YOU know its a rube, I'm sure some unsuspecting soul could be suckered into paying thick for it!
A really bad joke, But that's just my opinion!!!!
I agree with you on this one....A bad way for someone to get into the hobby and hate it before they really get started...especially if the other note they just bought was the 1967 Centennial Gold Flag note.
Title: Re: 1986 $2 Major Cutting Error
Post by: BWJM on March 05, 2009, 05:26:24 pm: Another example of the same sort of thing as gold flag centennial notes, polar bear $2 notes, etc. It pains me to think about how many people get suckered into this crap.

(http://img205.imageshack.us/img205/944/9a681.th.jpg) (http://img205.imageshack.us/my.php?image=9a681.jpg)

Quote
CANADA 5 DOLLARS 2004 CHINESE LUNAR : DOG

Condition: UNCIRCULATED

Bank note is coming from Bank of Canada and the Chinese Lunar logo was added by a private company

First on 12 notes series
Title: Re: 1986 $2 Major Cutting Error
Post by: friedsquid on March 05, 2009, 05:54:48 pm: Quote
It pains me to think about how many people get suckered into this crap.

Ah Man....and I just started selling these rarities like hotcakes :'(
Title: Re: 1986 $2 Major Cutting Error
Post by: friedsquid on March 05, 2009, 06:15:22 pm: no matter how much crap is out there you carefully have to weed out the fakes from the TRUE Genuine collectable items....

[attachment deleted by admin]
Title: Re: 1986 $2 Major Cutting Error
Post by: Gary_T on March 05, 2009, 06:19:03 pm: Quote
First on 12 notes series

Oh man 11 more to go :'(

I think someone should have an auction with something scribbled on it and have a pen in the pic or a cutting error with scissors in the picture.

I hope that the Bank of Canada is able to stop this type defacing of currency.

Is counterstamping of coins not illigal ? Like the JOP $1 coins?
Title: Re: 1986 $2 Major Cutting Error
Post by: friedsquid on March 05, 2009, 06:22:28 pm: Quote
I hope that the Bank of Canada is able to stop this type defacing of currency.
In this case washable make up was used...so I was told :)
Title: Re: 1986 $2 Major Cutting Error
Post by: rocken on March 05, 2009, 07:04:11 pm: Quote
Is counterstamping of coins not illigal ? Like the JOP $1 coins?
The JOP example I feel is a unique exception for collectors. It has become a collectors item and commands a substantial premium. Except for the centennial gold flags ;D , defaced paper money will never be worth more than face.
Title: Re: 1986 $2 Major Cutting Error
Post by: friedsquid on March 05, 2009, 07:28:20 pm: I can't believe that with less than 15 minutes to go the $2 miscut bill is already at $55.00 CDN and the $1.00 miscut is at $63.00 CDN
The guy even says is a round about way that they are probably from sheets (I assume to cover himself so that it can be said that "I TOLD YOU SO")
Title: Re: 1986 $2 Major Cutting Error
Post by: KrispyNote on March 05, 2009, 09:02:53 pm: it's sad really,The original post in this thread should have been edited, Yes now we have exposed the sham, but it still would be bad if someone who didnt know pm'd him and made a huge offer thinking it was legit!!!
to me its a poor post, I have purchased from some on this board and now I know one I will steer completley away from!
Trust in this hobby is everything!!!
Title: Re: 1986 $2 Major Cutting Error
Post by: friedsquid on March 05, 2009, 09:25:24 pm: What is even more sad is that this seller has now just updated his site and is now selling the 1967 gold flag note, the LOON note and the Polar Bear note.
Title: Re: 1986 $2 Major Cutting Error
Post by: BWJM on March 05, 2009, 11:09:18 pm: Talking negatively about another individual is considered libel and is against the rules. Posts of this nature will be edited. Please keep this in mind.
Title: Re: 1986 $2 Major Cutting Error
Post by: EyeTradeMoney on March 10, 2009, 05:05:24 am: "Fraud" is such a strong word. Nobody is trying to sell that note for a fortune. I bought it for $20 for the fun of it. I think cutting these notes like that directly from the sheet is quite a bit of work. Most aren't cut parallel. And so I think it should be worth more than the $6 indicated in the book.

If I ever sell it, I'll sell it for the $20 I bought it for.

If the seller mentions that it's from a sheet and a buyer is whilling to pay $60 for it, there is nothing of "sad" in it. He can display the note in a showcase and have it as a conversation piece with his guests. It's not like the seller is lying about it and trying to make thousands with it.

Meanwhile, can someone tell me what's with the "Gold Flag", "loon note", "polar bear" note? Did I miss something?