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Fr.1923-A, 1995 $1 Web ERROR-Stuck Digit, PMG55-EPQ

# 1545
Very Rare Web Note Error!

1995 Web Stuck Digit Error Note

Because of the Web-Press printing method, many types of errors are not possible and do not exist. All types that do are much more scarce than those of the sheet-fed method. The Kvederas reference (which does not list this type among known web errors) points out, in part, the following: "Web note errors are genuine rare finds due to the fact that [the] web press had computerized scanners looking for errors during the printing run. There were five different devices on the press to detect errors. After the web press machinery cut the printed web into 32-note sheets, they went through an additional mechanical inspection device for errors. The sheets were then also processed through the COPE-PAK (overprinting and packaging) machinery and its associated inspection devices."

In his "Paper Money Errors, A Comprehensive Catalog & Price Guide, 3rd Ed., Frederick Bart lists the regular sheet-fed FRN Turned-Digit Error as an R-4, and states "There have been no recent releases of significant quantities of stuck digits -- nor is there ever a surplus of them on the market at any given time. As such, the error seems underpriced relative to the availability...". The catalog does not even list this error on a web note. Our note is the only turned-digit we have seen on a Web. It presents itself quite well, with gorgeous margins on the front and strong embossing. Technically a Choice AU-55, the note looks much better with only a light center fold and slight partial bend on the right.

Since the Web printing process experiment has long since been discontinued with no likelihood of its ever resuming, the error population will forever remain low and current market value is probably as low as it will ever be.

Price: $795.00
Quantity: