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    Description

    Unique "California Blackout" Note

    Fr. 1925-L* $1 1999 Federal Reserve Note. Extremely Fine-About Uncirculated.
    Certainly no note such as this has ever before been seen outside the BEP. Recently a story appeared in Coin World which stated that this note was never intended to have undergone any of the normal printing processes. Per the story a Treasury official confirmed the item as a test note which is produced to make sure the face plates are completely inked before starting a run. The four blank squares are portions of the plate that require no ink as no intaglio print is located in that area of the plate. The fact that this error occurs on a replacement note certainly adds to the mystique on how this was released into circulation given the fact that stringent quality control measures are in place within the BEP. First Fort Worth gave us the "Del Monte" note, now they have given us the "California Blackout" note. We certainly cannot place an exact value on a unique piece such as this, but we feel that our estimate should fall in the area of...


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    Auction Info

    Auction Dates
    September, 2006
    13th-15th Wednesday-Friday
    Bids + Registered Phone Bidders: 7
    Lot Tracking Activity: N/A
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