"Fraud" is such a strong word. Nobody is trying to sell that note for a fortune. I bought it for $20 for the fun of it. I think cutting these notes like that directly from the sheet is quite a bit of work. Most aren't cut parallel. And so I think it should be worth more than the $6 indicated in the book.
If I ever sell it, I'll sell it for the $20 I bought it for.
If the seller mentions that it's from a sheet and a buyer is whilling to pay $60 for it, there is nothing of "sad" in it. He can display the note in a showcase and have it as a conversation piece with his guests. It's not like the seller is lying about it and trying to make thousands with it.
Meanwhile, can someone tell me what's with the "Gold Flag", "loon note", "polar bear" note? Did I miss something?