CPM Forum

Special => Error Notes => Topic started by: johnny99 on March 21, 2009, 01:26:41 pm

Title: 1954 $2 No Serial Numbers
Post by: johnny99 on March 21, 2009, 01:26:41 pm

The attached note is advertised for sale on a well known online service.  Does this note appear to have a valid error or a manufactured error?  The asking price seems too low and we all know the old saying!  Thoughts?  Comments?

Thanks

Ken

(http://img18.imageshack.us/img18/3391/1954can2dollarmissingse.th.jpg) (http://img18.imageshack.us/my.php?image=1954can2dollarmissingse.jpg)

(http://img6.imageshack.us/img6/3391/1954can2dollarmissingse.th.jpg) (http://img6.imageshack.us/my.php?image=1954can2dollarmissingse.jpg)  

Title: Re: 1954 $2 No Serial Numbers
Post by: 1971HemiCuda on March 21, 2009, 01:31:34 pm

This error looks real, because usually fake errors like this look white around where the serial numbers used to be.

Just my opinion

Title: Re: 1954 $2 No Serial Numbers
Post by: Gary_T on March 21, 2009, 02:38:31 pm

I would not buy this as an error until I saw a better scan. It is too well worn and looks like it could have been washed.

Title: Re: 1954 $2 No Serial Numbers
Post by: 1971HemiCuda on March 21, 2009, 02:44:32 pm

I dont think I would every buy on of these notes, because of how many I see that are fakes.
But compared to the other ones that I know are fake, this one looks real.

The seller is asking $200 Canadian

Title: Re: 1954 $2 No Serial Numbers
Post by: Bob on March 21, 2009, 05:39:16 pm

I would be reluctant to pay over face for a well circulated 1954 note which is apparently missing the serial numbers.  Logically, is it possible for a note to remain in circulation, passing from hand to hand until it is well worn, if it has such a prominent error?  I don't think so.  Somebody would have put it away before it had received much circulation. 
Every well circulated note with no serial number that I have examined has had the serial number removed after it entered circulation.  For the reason explained above, you would probably be safer buying a very high grade note; besides, a high grade note would be more likely to show the effects of the treatment it took to get the numbers off if it was a fake error.

Title: Re: 1954 $2 No Serial Numbers
Post by: 1971HemiCuda on March 21, 2009, 05:48:28 pm

Quote from: Bob on March 21, 2009, 05:39:16 pm

I would be reluctant to pay over face for a well circulated 1954 note which is apparently missing the serial numbers.  Logically, is it possible for a note to remain in circulation, passing from hand to hand until it is well worn, if it has such a prominent error?  I don't think so.  Somebody would have put it away before it had received much circulation. 
Every well circulated note with no serial number that I have examined has had the serial number removed after it entered circulation.  For the reason explained above, you would probably be safer buying a very high grade note; besides, a high grade note would be more likely to show the effects of the treatment it took to get the numbers off if it was a fake error.

You make a very good point!

Title: Re: 1954 $2 No Serial Numbers
Post by: johnny99 on March 21, 2009, 06:20:53 pm

Indeed.

Thanks all for the input.

Title: Re: 1954 $2 No Serial Numbers
Post by: BWJM on March 21, 2009, 07:57:43 pm

Quote from: Bob on March 21, 2009, 05:39:16 pm

I would be reluctant to pay over face for a well circulated 1954 note which is apparently missing the serial numbers.  Logically, is it possible for a note to remain in circulation, passing from hand to hand until it is well worn, if it has such a prominent error?  I don't think so.  Somebody would have put it away before it had received much circulation. 
Every well circulated note with no serial number that I have examined has had the serial number removed after it entered circulation.  For the reason explained above, you would probably be safer buying a very high grade note; besides, a high grade note would be more likely to show the effects of the treatment it took to get the numbers off if it was a fake error.

I concur with these comments completely. I too have personally observed several such notes and I remain convinced that each of them was a note that originally had serial numbers present.