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Topic: 1973 $1 with Inverted Back Design Error  (Read 40111 times)
canada-banknotes
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« 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.







Arthur Richards
Contributor, Charlton Catalogue of Canadian Government Paper Money, 19th, 20th, 21st, 22nd and 29th Edition
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JB-2007
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« Reply #1 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.
Dean
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« Reply #2 on: May 06, 2014, 12:00:02 pm »

Yikes...Get that paperclip off of the note!   ???

alvin5454
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« Reply #3 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.
mmars
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« Reply #4 on: May 06, 2014, 03:10:44 pm »

Quite a bargain.

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venga50
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« Reply #5 on: May 07, 2014, 03:07:24 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.

mmars
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« Reply #6 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.

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coinboy
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« Reply #7 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.

Seth
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« Reply #8 on: May 08, 2014, 11:55:45 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.  ^-^

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Wizard1
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« Reply #9 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

mmars
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« Reply #10 on: May 09, 2014, 05:16:19 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*.

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walktothewater
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« Reply #11 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.

Hunter
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« Reply #12 on: May 30, 2014, 07:37:36 pm »


Is it just a harmless prefix-kix or do I live for that next prefix-fix?
Elwoodbluesca
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« Reply #13 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.

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canada-banknotes
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« Reply #14 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"   ::)

Arthur Richards
Contributor, Charlton Catalogue of Canadian Government Paper Money, 19th, 20th, 21st, 22nd and 29th Edition
Pricing Panel Member, Charlton Catalogue of Canadian Government Paper Money, 21st Edition 2009
 

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