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Executive Currency - Offering Rare Paper Money for the Connoisseur

 
$20 1891 SILVER CERTIFICATE=GUTTER FOLD==LARGE SIZE ERROR=PMG VERY FINE 20
 
$20 1891 SILVER CERTIFICATE=GUTTER FOLD==LARGE SIZE ERROR=PMG VERY FINE 20
Larger Image
$2,395.00
$2,195.00
 
 
Description:

 

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

 

GUTTER OR INTERIOR FOLDS

 

Gutter or interior folds demonstrate a blank, unprinted, white channel interrupting the back, face, or over-printing. Gutter folds develop when a  double wrinkle occurs in the currency paper as it receives a printed image. The pleated area remains protected and continues devoid of an impression. With the pleat or fold intact and undisturbed from its position at the time of printing, no error is apparent. The design appears complete and the note seems to conform to appropriate dimensions. However, when the crease is opened, the characteristic white gutter disturbing the design becomes exposed.

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

 

this is a

 

Gutter Fold

Note Grades PMG VERY FINE 20

 
         
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