1 OF 2 KNOWN: $5 1988 CANCELLED PLATE PRINT ULTRA RARE ERROR PMG 62

1 OF 2 KNOWN: Cancelled Plate Note When it comes to US Paper Money Errors, we're regarded as the industry experts with the first edition of "United States Paper Money Errors: A Comprehensive Catalog and Price Guide" by Dr. Frederick J. Bart released in 1994 and the fifth edition slated for release by early 2025. This is unlike anything we've seen before as this oversized note was printed from canceled plates with four large green “Xs” on the back and four large black “Xs” on the face. The note is devoid of the overprint. Although mere conjecture and speculation, the most educated assumption one can arrive at, barring additional input and/or correction from the BEP, is that another portion of the plate cylinder was severely damaged causing the press operator to cancel all plates with four “Xs” on each side prior printing the sheet and presumed subsequent destruction of the entire plate cylinder rendering it unusable for additional printings. Authenticated and graded by PMG.

Series Year	1988
Country	United States
Denomination	$5
Grade	62
Signature	Ortega and Brady.
Grading Agency	PMG
Category	Small Size $5 Federal Reserve Notes
Serial No	unknown
Status	Active
Seal	-