CPM Forum

Special => Error Notes => Topic started by: Archey80 on December 11, 2006, 08:22:08 pm

Title: mismatched serial number with a black spot on a$10
Post by: Archey80 on December 11, 2006, 08:22:08 pm
Nice mismatched serial number with a black spot on a $10 the note is on ebay wants a little much $700 Canadain for the grade as its "VF30"

[attachment deleted by admin]
Title: Re: mismatched serial number with a black spot on
Post by: walktothewater on December 12, 2006, 01:25:51 pm
Quote
$700 Canadain for the grade as its "VF30"

I'm not an exclusive error collector but I do appreciate a good one when I see one.  Yes this one's exceptional (4 digits mismatched) so I can't understand why the seller wouldn't let the market decide the price.  It shows either a lack of confidence in the market, or lack of confidence in the uniqueness of the note.  Since there's usually not a lot of precedents to compare with, the third reason for a $700 starting price is speculation.

Either way.. it turns off a lot of potential buyers.  
Title: Re: mismatched serial number with a black spot on
Post by: sudzee on December 13, 2006, 11:09:12 pm
This one is quite similar but it has 5 mismatched numbers plus the block.

[attachment deleted by admin]
Title: Re: mismatched serial number with a black spot on
Post by: copperpete on December 13, 2006, 11:32:58 pm
These notes are taken from the very same brick as that one put on BWJM's Online Canadian Paper Money Museum:
http://www.moneymuseum.ca/errors_mismatchserials.asp

The number at right have all the same 4 digits:  FTD8798***.

Something has gone really wrong with the left mechanical numberer (maybe the wheels have become completely loose and was stopping on any number between two prints...).  If someone has caught only one of these bundles...
Title: Re: mismatched serial number with a black spot on
Post by: Seth on December 14, 2006, 07:31:42 pm
Maybe a stupid question, but...

Why do banknotes from around the world have a pair of identical serial numbers instead of just one?  With just one there would be no mismatches.  
Title: Re: mismatched serial number with a black spot on
Post by: BWJM on December 14, 2006, 08:11:11 pm
This may not be correct, but I believe it has something to do with identifying notes torn in half.
Title: Re: mismatched serial number with a black spot on
Post by: Kelly b. on January 03, 2007, 07:30:14 pm
I believe you are correct Brent.

If you have a note torn exactly in half, each piece is worth nothing individually.  If the note is torn in such a way that part of the second serial number is legible, then that piece is still legal tender and the remaining piece would be worth nothing.

Basically stops people from tearing a 5 in half to turn it into 10.

I BELIEVE this to be true; I have no idea where I heard this though.