$5 1988-A FRN Solvent Smear Error PCGS Vy Ch New 64

$5 1988-A FRN Solvent Smear Error The designation solvent smear is a misnomer. It belies the true cause, as the error actually represents heavily diluted ink-not solvent-which smears. The mistake occurs when an excessive amount of the solvent solution reaches the printing plate. Unless the reciprocal wipers extract the excess, the residual solvent dilutes the consistency of the fresh layer of ink. The watery ink produces a blurry, hazy, and indistinct image on the printed design. PCGS Very Choice New 64
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