The Misprinted Security Feature $10 Canadian Banknote

News: Welcome to the Canadian Paper Money Forum.

I obtained a misprinted banknote from my aunt as a cash gift in March7/2009 .
My aunt has obtained this misprinted banknote from a money dispenser at Fallsview Casino in Niagara Falls since March 5/2009.

The features are listed as below:
1.The holographic stripe is :20.
2.The watermark is:Queen Elizabeth II with 20.
3.The security thread is :CAN20.
4.The see through number is:10.
5.The raised ink is:Violet color.
6.The UV mark is:Colorful 10 with letters of Bank of Canada in English and French.
7.I found BTU 2190161 and BTU 2190162 (FPN61/BPN72)

{http://img10.imageshack.us/my.php?image=b10hix.jpg:http://img10.imageshack.us/img10/6608/b10hix.th.jpg} {http://img14.imageshack.us/my.php?image=c10b.jpg:http://img14.imageshack.us/img14/6775/c10b.th.jpg}

News  information on these links:
http://www.mingpaotor.com/htm/News/20090320/tad1.htm
http://news.singtao.ca/toronto/2009-03-13/headline1236932926d1653202.html

[edit]Original post deleted by author and restored by Admin.  --BWJM[/edit]

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What we know about these notes,

Confirmed finds:

BTT 9708306
BTU 2190162

What does this led us to believe from this right now?

There is a immense possibility of there being 2,481,854 misprinted notes available just from the two finds

A rare note? Maybe, but it is not looking that way.

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Yes there are at least 45 notes per sheet, and with two confirmed, that would make now 90 notes available.

Also with the two notes being from different ranges, it is also possible that there are over 2,000,000 misprinted notes available. More finds will need to be reported, within these ranges to determine and narrow down the ranges and numbers involved with this mishap.

Yes it is a nice note, but not worth $100,000

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Hello Highbetter,

Yes I am well aware of the printing process of notes, but thank you for sharing your insight with me and the rest of the forum, it is always good to re-examine the design and production processes to better understand what the different parties do.

I would now assume that you have more than one of these note, as you have pointed out “them” in your last post. I am not sure how many you have, but it would be great if you shared the info with us, as this is an exciting find. The more info we can obtain on the notes within the BTT & BTU ranges will help determine the extent of this anomaly.

What I have posted are just assumptions based on the information that is presently available, as I do not have all the info of the printing processes from the Bank of Canada for these notes. The more info obtained will help turn assumptions in to facts.

As you mentioned in your assumption of there being 45 consecutive notes.
If there were 45 consecutive numbered misprinted (yes that would be amazing), then

 45 consecutive x 45 sheets = would make 2025 notes. That's alot of notes.

Side note: (Notes from the same sheet are note consecutive; they fall into a numbering matrix which is talked about somewhere on the forum.)

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In the long run, this note may fall into a category of a variety, rather than an error, even though it is an error.
Similar error/varieties in coins have become valuable over the years, such as the 1872 inverted A over V 50 cent piece.
If it's established (or an educated estimate) how many of this note were produced and/or issued — even if it's in the thousands — it still could carry a premium.
For those of you who are fortunate enough to be in possession of one, or a bunch, hang on to them until a value is established.
However, it may take years.

What we know about these notes,

Confirmed finds:

BTT 9708306
BTU 2190162

Just for the record , I had BTU 1304209 and the security was the correct one for the $10 note

You are absolutly right, 100 Notes per bundle.

This is really cool that you found 20 consecutive, and I am sure they are in very good condition. Very nice find indeed.

So now we can update the info a little more:
Known 21 error notes @ 45 notes a sheet = 945 in circulation.

But there is the possibility there are more, but will they be found is another story.

In the long run, this note may fall into a category of a variety, rather than an error,

I assume that this is what happened with the so called white circle "variety" on the $10 notes?

I assume that this is what happened with the so called white circle "variety" on the $10 notes?

Oh I won't even get into that one again, but yes, lol

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It's an unknown answer that how many notes I have.

Congratulations on your find...but I'm getting bored of the repetition