Lot 488
Trio of $100 Choice CU missing Green Overprint. Four $5 FRN Small Head Offset Printing Errors worth salting away: 1988A J04124250B PMG 30 VF with 90% of back lightly printed onto front, $5 1974 E36535819D PMG 58 EPQ with 100% of front nicely printed onto back, $5 1977A L72157790B PMG 64EPQ with 8% of f. Estimated Value $1,000 - 2,000
One might think that with the quantity of $100 denominations printed, that errors should show up much more often than they do. The reason for this is that perhaps 80 to 85% of the total output of $100 notes gets shipped overseas to central foreign banks. There is an almost unquenchable thirst for "greenbacks" in many foreign countries and so, the vast majority of them get shipped to other territories. Errors found in those countries almost never get back into U.S. auctions, but rather trade hands in their own countries.
This trio should be worth $1500 but we will start bidding at a very low level to encourage collectors to snag a bargain.
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| Realized $600 |
