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Obstructed Printing Error with Retained Obstruction Fr. 2175-B $100 1996 Federal Reserve Note. PMG About Uncirculated 55.. ...
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$5,760.00
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Description
New York $100 with Retained Obstruction
Obstructed Printing Error with Retained Obstruction Fr. 2175-B
$100 1996 Federal Reserve Note. PMG About Uncirculated 55.A large retained obstruction error is observed on this $100 that is from the first series of this denomination to employ the "Big Head" design. The obstruction is part of a white sizing sheet that covered up approximately 85% of the face of this $100. The green overprint of the Treasury seal, the complete right serial number, along with the final three digits and suffix letter J of the left serial number were printed on the sizing paper. Penned initials are located to the immediate left of Franklin's portrait in the area of the missing three digits and J suffix letter. Teller's are instructed to write their name/initials on paper money that is counterfeit and/or suspicious. Also, both the note and the retained obstruction have two pairs of staple holes that line up. Again, we believe the teller was only doing what they had been instructed to do. Therefore, both the $100 note and the obstruction in this lot were stapled to a teller's report until the bank figured out whether or not they had a counterfeit note. Eventually, the bank learned that what they had was a printing error note. Luckily for paper money collectors, the teller and bank kept the note and the obstruction together. Today, both reside in the same PMG oversize holder for the paper money community to enjoy.
From The Cache Creek Collection
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Auction Info
2024 January 10 - 12 FUN Currency Signature® Auction #3594 (go to Auction Home page)
Auction Dates
January, 2024
10th-12th
Wednesday-Friday
Bids + Registered Phone Bidders: 5
Lot Tracking Activity: N/A
Page Views: 367
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