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Topic: inverted $20  (Read 973 times)
Archey80
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« on: January 11, 2021, 07:20:22 pm »

Wondering if I paid to much for this one, curious what you think its worth? It does have a small tear in the bottom boarder of the note otherwise its uncirculated.

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walktothewater
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« Reply #1 on: January 13, 2021, 11:06:20 am »

That is a dramatic error & one I've never seen before.  I tried to find one in Charlton & the best I can come up with is E8-iii (missing holographic strip) but E8-i (misplaced OSD) is likely a more apt category.  For E8-iii the BV is $250  while the BV for E8-i is $500 so I would think it would be closer to the 2nd figure. These are just ballpark figures for UNC examples which help collectors negotiate a price.  I cannot see how extensive the tear is - so you would have to factor that in (& a lot of error collectors are like insert/radar collectors preferring UNC over impaired notes).  A tear is an obvious deduction from its FMV (Fair Market Value) but it can also be like graffiti (a dealbreaker) for some collectors.  IMO: with this misplaced-upside down holographic strip being an unobserved error (up till now), I think many would want to acquire it (rather than reject it). 

Dean
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« Reply #2 on: January 13, 2021, 04:52:36 pm »

Wow...Imperfections or not, I would still buy that error note!

canada-banknotes
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« Reply #3 on: January 13, 2021, 10:06:36 pm »

Here is an article from 2007 describing the first discovery of this Journey $20 inverted sheet error.



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canada-banknotes
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« Reply #4 on: January 13, 2021, 10:15:39 pm »

Several other notes from this same sheet (EZM7427230 and EZM7475230) have surfaced over the years including one in GUnc condition.



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canada-banknotes
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« Reply #5 on: January 13, 2021, 10:32:26 pm »

A lapse in quality control also caused a rotated sheet of 2008 $5 Journey notes to be released into circulation.



Contributor, Charlton Catalogue of Canadian Government Paper Money, 19th, 20th, 21st, 22nd and 29th Edition
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Archey80
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« Reply #6 on: January 14, 2021, 09:54:26 am »

Wow thanks for all the info, never seen it on a $5 before, now I'll have to find one for sale to match the $20

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walktothewater
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« Reply #7 on: January 14, 2021, 03:53:20 pm »

Several other notes from this same sheet (EZM7427230 and EZM7475230) have surfaced over the years including one in GUnc condition.
A lapse in quality control also caused a rotated sheet of 2008 $5 Journey notes to be released into circulation.

-Great info "canada-banknotes."  I thought the error looked somewhat familiar but just couldn't place it. I believe you posted this before, correct?  Anyway, thanks for sharing...

Bob
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« Reply #8 on: January 14, 2021, 08:45:06 pm »

The rotated sheet $5 and $20 errors are in Charlton on the last page, E27-vi

Collecting Canadian since 1955
 

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