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Topic: inverted $20  (Read 2115 times)
Archey80
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inverted $20
« 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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Re: inverted $20
« 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). 
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Dean
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Re: inverted $20
« Reply #2 on: January 13, 2021, 04:52:36 pm »
Wow...Imperfections or not, I would still buy that error note!
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canada-banknotes
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Re: inverted $20
« 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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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
canada-banknotes
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Re: inverted $20
« 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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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
canada-banknotes
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Re: inverted $20
« 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.
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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
Archey80
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Re: inverted $20
« 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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Re: inverted $20
« Reply #7 on: January 14, 2021, 03:53:20 pm »
Quote from: canada-banknotes 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.
Quote from: canada-banknotes 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.

-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...
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Bob
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Re: inverted $20
« 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
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Collecting Canadian since 1955
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