CPM Forum

Special => Error Notes => Topic started by: canada-banknotes on May 05, 2014, 10:59:43 pm

Title: 1973 $1 with Inverted Back Design Error
Post by: canada-banknotes on May 05, 2014, 10:59:43 pm
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.


{attach:5066}

{attach:5067}

{attach:5068}
Title: Re: 1973 $1 with Inverted Back Design Error
Post by: JB-2007 on May 06, 2014, 11:00:12 am
This type of error is listed at the end of the Charlton catalog. E27. They appear quite rare.
Title: Re: 1973 $1 with Inverted Back Design Error
Post by: Dean on May 06, 2014, 12:00:02 pm
Yikes...Get that paperclip off of the note!   ???
Title: Re: 1973 $1 with Inverted Back Design Error
Post by: alvin5454 on May 06, 2014, 02:38:43 pm
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.
Title: Re: 1973 $1 with Inverted Back Design Error
Post by: mmars on May 06, 2014, 03:10:44 pm
Quite a bargain.
Title: Re: 1973 $1 with Inverted Back Design Error
Post by: venga50 on May 07, 2014, 03:07:24 pm
Quote from: alvin5454 on May 06, 2014, 02:38:43 pm
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.
Title: Re: 1973 $1 with Inverted Back Design Error
Post by: mmars on May 07, 2014, 04:08:21 pm
It's a unique note, and all that is being discussed on the forum is the note's condition?  Hilarious.
Title: Re: 1973 $1 with Inverted Back Design Error
Post by: coinboy on May 08, 2014, 08:25:27 am
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.
Title: Re: 1973 $1 with Inverted Back Design Error
Post by: Seth on May 08, 2014, 11:55:45 pm
Quote from: canada-banknotes on May 05, 2014, 10:59:43 pm
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.  ^-^
Title: Re: 1973 $1 with Inverted Back Design Error
Post by: Wizard1 on May 09, 2014, 04:36:16 pm
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
Title: Re: 1973 $1 with Inverted Back Design Error
Post by: mmars on May 09, 2014, 05:16:19 pm
Quote from: Seth on May 08, 2014, 11:55:45 pm
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*.
Title: Re: 1973 $1 with Inverted Back Design Error
Post by: walktothewater on May 09, 2014, 07:45:31 pm
Quote
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.
Title: Re: 1973 $1 with Inverted Back Design Error
Post by: Hunter on May 30, 2014, 07:37:36 pm
http://www.ebay.ca/itm/121347154251?ssPageName=STRK:MEWAX:IT&_trksid=p3984.m1423.l2649#ht_2040wt_923
That makes two.
Title: Re: 1973 $1 with Inverted Back Design Error
Post by: Elwoodbluesca on June 02, 2014, 10:39:36 pm
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.
Title: Re: 1973 $1 with Inverted Back Design Error
Post by: canada-banknotes on June 02, 2014, 11:07:22 pm
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"   ::)
Title: Re: 1973 $1 with Inverted Back Design Error
Post by: canada-banknotes on June 02, 2014, 11:33:15 pm
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 (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.
Title: Re: 1973 $1 with Inverted Back Design Error
Post by: canada-banknotes on July 29, 2015, 01:25:26 pm
Quote from: Elwoodbluesca on June 02, 2014, 10:39:36 pm
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.

{attach:3533}    {attach:3534}    {attach:3535}
Title: Re: 1973 $1 with Inverted Back Design Error
Post by: canada-banknotes on July 29, 2015, 01:38:53 pm
Quote from: canada-banknotes on July 29, 2015, 01:25:26 pm
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 (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".
Title: Re: 1973 $1 with Inverted Back Design Error
Post by: mmars on July 29, 2015, 04:24:11 pm
The quality of these forgeries is simply astounding.  :o
Title: Re: 1973 $1 with Inverted Back Design Error
Post by: Rupiah on July 29, 2015, 07:55:54 pm
Quote from: mmars on July 29, 2015, 04:24:11 pm
The quality of these forgeries is simply astounding.  :o

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????

Title: Re: 1973 $1 with Inverted Back Design Error
Post by: Bob on July 29, 2015, 10:03:44 pm
Quote from: Rupiah on July 29, 2015, 07:55:54 pm
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.
Title: Re: 1973 $1 with Inverted Back Design Error
Post by: Manada on November 16, 2015, 09:16:35 pm
The same $1 error is back up again. Item # 121815150424
Title: Re: 1973 $1 with Inverted Back Design Error
Post by: canada-banknotes on November 18, 2015, 12:42:47 am
Quote from: Manada on November 16, 2015, 09:16:35 pm
The same $1 error is back up again. Item # 121815150424

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

Previous eBay Listing:

     {attach:3613}     {attach:3614}     {attach:3615}
Current eBay Listing:

     {attach:3616}     {attach:3617}     {attach:3618}
And we don't want to leave the world banknote error collector out so here is another Gem from the same seller.

     {attach:3619}
 
Title: Re: 1973 $1 with Inverted Back Design Error
Post by: Manada on November 18, 2015, 06:41:01 am
Quote from: canada-banknotes on November 18, 2015, 12:42:47 am
Same manufactured banknote error, same US seller but different serial number. 

Previous eBay Listing:

     {attach:3613}     {attach:3614}     {attach:3615}

Actually the one that is up for sale is the original one you mentioned at the beginning of this thread that sold for $2325.
Title: Re: 1973 $1 with Inverted Back Design Error
Post by: canada-banknotes on November 18, 2015, 08:48:18 am
Quote from: Manada on November 18, 2015, 06:41:01 am
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).   ???
Title: Re: 1973 $1 with Inverted Back Design Error
Post by: ogopogo on December 17, 2015, 05:08:02 pm
There is another one on ebay

262195727042