United  States  Error Notes

are among the

HOTTEST SEGMENTS of the CURRENCY MARKET

as recent auctions have proven!

this is an

INCREDIBLE EXAMPLE

at an

AFFORDABLE PRICE

MISSING PRINTING ERROR

“To properly qualify as a missing printing error the note must have completely failed to receive any portion of the intended design at the skipped printing stage.  Notes which demonstrate even the tiniest portion of the design originate from an alternate etiology and are not classified as missing printings.  There are three distinct causes for a missing printing error.  Most commonly, two uncut sheets of currency stock enter the printing press simultaneously with one atop the other.  The uppermost sheet accepts the imprint normally while the lower sheet-because it is protected by the top layer-passes through blank.  Less frequently, an entire stack of sheets is advanced to subsequent printing and/or cutting operations after skipping a printing stage. Alternate causes of the error are the press operator shutting down the presses in the middle of a run or the printing plates contracting the currency paper and retracting prematurely.”

*excerpt taken from United States Paper Money Errors by Dr. Frederick J. Bart

Mistake as explained on pages 24-26 of United States Paper Money

Errors by Dr. Frederick J. Bart, 4th Edition, Coin & Currency Institute; this book is available on eBay:

http://www.ebay.com/itm/FOURTH-EDITION-U-S-PAPER-MONEY-ERRORS-current-edition-NEW-FRED-BART-/111777902378?ssPageName=STRK:MESE:IT

This note is completely missing its first (back) printing. Perhaps this sheet missed the first printing phase altogether, but more than likely, it stuck to the above sheet when the rollers pulled into the printing press. As such, the top sheet received all the ink, and this miraculous mistake managed to escape. Gentle handling allows a collector to score this note below its typical retail threshold.

Note grades:

Choice Uncirculated