1862 First U.S Dollar bill with a Very Rare Error ?!

Hello , I have this rare 1862 first U.S Official dollar bill with something that appears a one of a kind error. All 1862 one dollar bills have a red treasury seal( no exception ) , mine has no seal in a way that a white impression of the seal can be seen in the light ( you can almost see the the whole seal in a whitish seal impression ) , but the actual red seal is none existential ... my assumption is it's the obstruction error which prevented the seal color to transfer but left an impression by applying the pressure or maybe a no color ( white )seal !!! , regardless never seen or read anything like this on a 1862 first U.S bill , please let me know what this is and how much the value would be ? Maybe soaring to the skies ?? Your opinions please

 

Log in or Sign up to hide this ad.

Maybe the red seal faded over time?
The red seal was very faint to begin with
155 years.. anything could occur

 

I think that's not the possibility as even the 1862 One dollar bills on ebay with far worst signs of wear still have this red seal , treasury seal color is as enduring as the serial number color , so if that was the result of fading the serial should have been faded too. You cannot see even a tiny bit of red color around the seal , and the bill has kept its integrity ( no sign of tampering etc , except the wear )

 

Just look at both red Serial Numbers on your bill. They look faded a bit also.
Compare to this sample -
Not my item -

 

IMHO.. your assumption makes no sense. Maybe someone else will help.
Peace out

 

Don't know ... I don't rule out this possibility, that's what I'm trying to figure out , thought the one you posted seems the sign of a little low inking of the seal , not fading I guess , of course fading can appear to a 150 yrs old bill , but to this degree is a bit questionable, I think it's an error , but not sure

 

Just being out in the air with humidity and other factors is going to fade it.
The sun will fade it. Age will fade it.
It would only be an error if it was very crisp and new and didn't have the red seal.
It's a great note in your collection, but I doubt it's an error.
In your first two photos you can see where the seal was, and that it was redder back in the day. The ink just faded over time.

 

Possible , the only thing is why the serial numbers which use the same ink still there and only the seal which uses much more ink and surface is gone !

 

Is that an actual true fact or an assumption. I don't want to upset you but maybe they are not the same type of ink. The serial numbers seem darker red than the seal.

 

I'd say its faded. It may have been washed/cleaned at some
point or stored in a PVC sleeve causing damage. Its been 140+ years and its not in great condition.

 

http://oit.cs.ndsu.nodak.edu/~mooadmin/restauranter/nuc345ak/class_web/spotting.html

Item 9 "Along with the seals on each bill there is a serial number printed in the same color ink as the seal and the numbers and letters are evenly spaced."

 

So.... something made in "error" (and I'm certainly not saying not suggesting this was) is only an "error" when new or high grade, but ceases to be an "error" once worn? Perhaps I've simply misunderstood, but as written this doesn't seem to make a great deal of sense (to me).

 

Because you can see a ghost of an image I believe it is more likely it faded after it was printed. Still a nice note.

 

Hope your dreams come true.
Good Luck.

 

Um...that's talking about currency printed in 1996, not 1862. Unlikely to be applicable here.

Does anybody actually know whether the seals and serials were applied at the same time on these 1862 notes? I know that for quite a few years the Treasury seals were a separate operation--for security reasons, the seal was applied at the Treasury itself, after the otherwise-complete notes had been delivered. But I don't remember whether that was already the case in 1862, or whether it came later....

 

If the note was still crisp and in excellent condition, with bright ink and the seal was missing, that would be an error. Since the note is 150 years old, it is the ink that has faded.
I don't think that is too complicated.

 

I think the condition of the note makes it hard to prove it's an error verses fading. A crisp high grade note with good color would not have that issue.

Personally I think it's faded.

 

I wouldn't put down a faded seal possibility. I don't have any good pics of this, so seller's pics from a long time ago.

The 1917 $1 has only the barest hint of a red seal or serial numbers.

 

I believe the note has been washed, maybe several times, and the seal has faded from that and age. You can clearly see where the seal used to be.

 

Yep, I agree. That note is too beat up to be so clean otherwise.