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Topic: 1954 $2 No Serial Numbers  (Read 3282 times)
johnny99
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« on: March 21, 2009, 01:26:41 pm »

The attached note is advertised for sale on a well known online service.  Does this note appear to have a valid error or a manufactured error?  The asking price seems too low and we all know the old saying!  Thoughts?  Comments?

Thanks

Ken



 
1971HemiCuda
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« Reply #1 on: March 21, 2009, 01:31:34 pm »

This error looks real, because usually fake errors like this look white around where the serial numbers used to be.

Just my opinion
« Last Edit: March 21, 2009, 02:07:44 pm by 1971HemiCuda »


Gary_T
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« Reply #2 on: March 21, 2009, 02:38:31 pm »

I would not buy this as an error until I saw a better scan. It is too well worn and looks like it could have been washed.


Gary_T
1971HemiCuda
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« Reply #3 on: March 21, 2009, 02:44:32 pm »

I dont think I would every buy on of these notes, because of how many I see that are fakes.
But compared to the other ones that I know are fake, this one looks real.

The seller is asking $200 Canadian


Bob
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« Reply #4 on: March 21, 2009, 05:39:16 pm »

I would be reluctant to pay over face for a well circulated 1954 note which is apparently missing the serial numbers.  Logically, is it possible for a note to remain in circulation, passing from hand to hand until it is well worn, if it has such a prominent error?  I don't think so.  Somebody would have put it away before it had received much circulation. 
Every well circulated note with no serial number that I have examined has had the serial number removed after it entered circulation.  For the reason explained above, you would probably be safer buying a very high grade note; besides, a high grade note would be more likely to show the effects of the treatment it took to get the numbers off if it was a fake error.

Collecting Canadian since 1955
1971HemiCuda
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« Reply #5 on: March 21, 2009, 05:48:28 pm »

I would be reluctant to pay over face for a well circulated 1954 note which is apparently missing the serial numbers.  Logically, is it possible for a note to remain in circulation, passing from hand to hand until it is well worn, if it has such a prominent error?  I don't think so.  Somebody would have put it away before it had received much circulation. 
Every well circulated note with no serial number that I have examined has had the serial number removed after it entered circulation.  For the reason explained above, you would probably be safer buying a very high grade note; besides, a high grade note would be more likely to show the effects of the treatment it took to get the numbers off if it was a fake error.
You make a very good point!


johnny99
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« Reply #6 on: March 21, 2009, 06:20:53 pm »

Indeed.

Thanks all for the input.
BWJM
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« Reply #7 on: March 21, 2009, 07:57:43 pm »

I would be reluctant to pay over face for a well circulated 1954 note which is apparently missing the serial numbers.  Logically, is it possible for a note to remain in circulation, passing from hand to hand until it is well worn, if it has such a prominent error?  I don't think so.  Somebody would have put it away before it had received much circulation. 
Every well circulated note with no serial number that I have examined has had the serial number removed after it entered circulation.  For the reason explained above, you would probably be safer buying a very high grade note; besides, a high grade note would be more likely to show the effects of the treatment it took to get the numbers off if it was a fake error.

I concur with these comments completely. I too have personally observed several such notes and I remain convinced that each of them was a note that originally had serial numbers present.

BWJM
Member of CPMS, RCNA, ONA, ANA, IBNS, WCS.
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