12/27/24 12:05 PM
Gold: $2,616.95
Silver: $29.41
Platinum: $919.84
Palladium: $912.75
G/S: 88.99
Pt/G: 0.35
Contact
Register
Cart
Login
map11005 Olive Boulevard
St. Louis, MO 63141
phone 314-692-2646 email Email
hoursMon - Fri: 8am to 5pm (CT)
Sat: 8am - 4pm (CT)
Lot #: Go
Lot Title: Error Currency - 1934-D $5/$10 Kansas City FRN Fr# 1960-J Dual Denomination - PMG ChCU-64 EPQ
Lot Number: 110
Description: Morals And Liberty Collection. For paper money collectors who especially enjoy error notes, any double denomination example lies within the ranks of "The King of Errors". Many type of errors are very valuable within the realm, of course, and by far, most are caught during quality control and destroyed. But some manage to escape detection, and the notes that have some of the lowest odds of evading detection include those with mismatched denominations. Printing of the back of notes takes place first, and as sheets are printed, they must be temporarily taken out of the production line and set aside to dry. After proper curing, the dried sheets, which are of course generic at this point except as to denomination, are placed back in the production line for the second printing, which is the front of the note and includes repetition of the denomination. Somehow, a first-print sheet of ten-dollar notes was erroneously fed into the five-dollar presses for the second printing and escaped quality control at that point. Then the third printing of serial numbers and seals took place, and once again, QC missed the mistake. Then the final QC control, after the sheets are cut into individual notes and banded, still missed the situation seen here with a five-dollar front and ten-dollar back and permitted the notes to enter the banking system.

A sensational example, the present $5/$10 Kansas City must have been noticed very early on perhaps by an astute bank employee or customer, and extracted from circulation, after which it winded its way into the possession of our consignor who has had it off the market for decades. A few other notes from the same erroneous sheet exist and have been sold as recently as within the last year and the cataloger has noticed a simple trend in their values: UP.
Certification: 2358637-001
Estimate: $15,000-$25,000
Lot Status: Bidding has been closed for this lot.
  Login To Bid!
Hammered Price: $25,000
Price Realized: $29,500

Please Note: An 18% Buyers' Premium is added to the hammer price of all lots in this sale.

Error Currency - 1934-D $5/$10 Kansas City FRN Fr# 1960-J Dual Denomination - PMG ChCU-64 EPQ
Error Currency - 1934-D $5/$10 Kansas City FRN Fr# 1960-J Dual Denomination - PMG ChCU-64 EPQ
Close