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    King of Errors Double Denomination $20/$10

    Fr. 2071-K $20/$10 1974 Double Denomination Federal Reserve Note. PMG Extremely Fine 40 EPQ.
    Examples surfaced in Houston, TX back in 1978 and quick intervention by the Dallas Federal Reserve Bank resulted in many notes being retrieved prior to entering circulation and subsequently being destroyed. Simply known as the "King of Errors", Double Denomination notes hold a lore as trophy pieces. While the errors likely occurred on a much more regular occasion than is known to collectors today, quality control measures at the BEP and then issuing banks stopped most from ever being released into circulation. This example shows some light bends, perhaps someone that snatched it from circulation carried it as a memento to show friends before finally realizing its real value.

    Auction Info

    Auction Dates
    January, 2017
    4th-10th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 5
    Lot Tracking Activity: N/A
    Page Views: 742

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