Digital Point Ads

Friday, January 06, 2006

Flawed $20 Bill

An ordinary fruit sticker that mysteriously ended up on a $20 bill could spur currency collectors to bid up to 1,000 times the bill's face value at an auction Friday.

The flawed bill bears a red, green and yellow Del Monte sticker next to Andrew Jackson's portrait. The bill originated at a U.S. Treasury Department printing facility in Fort Worth, but how the fruit tag found its way onto the greenback is unknown.

"I've collected for probably seven years now and nothing comes close to the way people react to it -- their eyes pop out," said Daniel Wishnatsky, a Phoenix currency collector who bought the bill in 2003 on the eBay auction Web site for $10,100.

Heritage Galleries and Auctioneers was auctioning the bill for Wishnatsky in Orlando, Florida. The auction company and Wishnatsky, a member of the Society of Paper Money Collectors, think the bill could fetch two to three times his investment.

Jason Bradford, president of PCGS Currency in Newport Beach, California, authenticated the error was genuine and not faked outside the printing plant.

Bradford said currency goes through three printing stages: first the back is printed, next the face and then the bill receives serial number and treasury seal stamps.

In the case of the Del Monte note, the seal and serial number are both printed on top of the sticker, meaning the fruit tag must have found its way onto the bill midway through the process, he said.

There's no way of knowing whether a mischievous printer intentionally placed the sticker on the bill, he said.

The Treasury's Bureau of Engraving and Printing, which produces all U.S. paper money at facilities in Washington and Fort Worth, inspects and destroys flawed currency before it escapes the plants.

It investigated the note's history after the misprint surfaced but couldn't pinpoint a cause, spokeswoman Dawn Haley said.

The note, which is in nearly perfect condition, has achieved celebrity status among currency collectors, appearing on the covers of the Bank Note Reporter and Numismatic News.

As of Thursday, the auctioneers had already received an online bid of $14,000.

3 comments:

Anonymous said...

gay

Yellow Blade said...

Chúng tôi xin giới thiệu các dịch vụ vận chuyển, nhận vận chuyển hàng hóa, ship hàng giá rẻ để phục vụ nhu cầu Tết của quý khách hàng. Cụ thể chúng tôi sẽ cung cấp dịch vụ giao quà tết. Chúng tôi sẽ giúp bạn với dịch vụ vận chuyển hàng hóa trong nước giá rẻ sẽ chuyển hàng đến tay người thân, bạn bè ở xa một cách nhanh chóng nhất. Đảm bảo giá cả hợp lý chất lượng dịch vụ tuyệt vời. Ngoài ra chúng tôi còn cung cấp nhiều dịch vụ khác như ship hàng cod, giao hàng cho shop, dịch vụ chuyển phát nhanh hàng hóa trong nước,... Nếu cần chuyển hàng hãy nhớ liên hệ với chúng tôi nhé.

Duong Qua said...

Cùng đồng môn với nhau rồi, bên bạn có xe chuyển hàng đi Hà Tĩnh, van chuyen hang ra Nha Trang, chuyển hàng từ tphcm ra Khánh Hoà không. Bên mình có lap dat thang may Mitsubishi 600kg, lắp đặt thang máy bệnh viện, thang may cho hang 500kg cần giá chuyển hàng từ tp hcm đi Vinh để cung cấp cho dự án may giu xe, vậy bên bạn có gia cuoc van chuyen hang hoa bac nam rẻ không?