Bc-37a $1 note cut severely out of register

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Hi all. I just picked this note up at my local club meeting. It is quite an attractive looking note, in what appears to be AU condition. What I liked about it is the fact it is cut rather out of register on the back. Note is a 1954 modified $1, Be-Co signature. Any help would be greatly appreciated.

Regards,

Fenian

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This looks very similar to the E7 example on page 374.  Without the adjoining note the value appears to be well below $100.  Not sure what current trends for these errors are though.