Really Really odd Misprints!

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I had it looked over by one of the guys from Olmstead Currency and he said that it was definitely an authentic misprint (it would be very very very hard to remove only the black ink while leaving the entire thread background underneth the ink intact). Another thing was I got this note out of circulation so if someone really had the intention of altering it and then trying to pass it off, it wouldn't have been found in circulation.

He said that most likely that particular part of the plate got damaged somehow resulting in the small gap.

Any guesses on the value of this note?

I had it looked over by one of the guys from Olmstead Currency and he said that it was definitely an authentic misprint (it would be very very very hard to remove only the black ink while leaving the entire thread background underneth the ink intact). Another thing was I got this note out of circulation so if someone really had the intention of altering it and then trying to pass it off, it wouldn't have been found in circulation.

He said that most likely that particular part of the plate got damaged somehow resulting in the small gap.

Any guesses on the value of this note?

Re: the missing part of the serial number:
Just to clarify:
From what we know, lithography is the form of printing notes, since somewhere in the multicolour series.

So, it is not a plate break, although the logic would hold if it were part of the design of a note prior to this time.

Okay dealing with the $50:
Numbers are put on after the rest of the printing is complete. Numbers on a tumbler stamp the notes.  Seeing as how this is an islated case, one could reasonably determine that some foreign object (wing of a housefly) got under there at the precise moment of stamping.  Sometimes this happens with coise, where a piece of die cleaning cloth gets stuck - and the result is a coin that appears incomplete in stamping.


Now the $20:
Break of plate, if they used plates. This would make sense as a possibility. However in dealing with the drum printing process (please correct me if I am wrong), this is likely impossible (but they have fooled us before).
Secondly, in seeing the recent artisty of restoring notes... one must wonder if it was manufactured by someone attempting to test restoration techniques (or some other purpose).  Perhaps it is an example of a very well done restoration "test note"   

I think it's pretty cool no matter how you slice it.

There you have it, you had a long time collector/dealer look at note and have the confirmation of his option. For a note like this, it is very difficult to really understand the error and see the condition of the note through a posted picture making it very hard for members on the forum to confirm the error.


“Another thing was I got this note out of circulation so if someone really had the intention of altering it and then trying to pass it off, it wouldn't have been found in circulation”

I would have to question your statement. I have played around with notes to see how they are printed, put together, etc., and I do not have any of these notes any more, that’s right they are back in circulation. Why would I want to keep a fabricated error, the note is only worth face value, thus it can happen that you find a fabricated error in circulation. (A side note, I do try and correct or make it very obvious that the note has been played with before it goes back into circulation.)

As for value, this would be considered a minor error, and I am sure that Don gave you a price for the note, and it was not much over face. Due to the condition of the note, I would have to say the value would be a few bones over face.