2006 one dollar bill with federal reserve shield on wrong side

Discussion in 'Paper Money' started by Workingwoman, Jan 5, 2019.

  1. Workingwoman

    Workingwoman Active Member

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  3. LaCointessa

    LaCointessa Well-Known Member

    Fun! I see a hint of something round, dark and the same shape as the federal reserve seal on the left side of the bill. I like this one too. Gee whiz, you sure find a bunch of strange bills. I never look at the paper money that comes through my hands. It gets deposited in the bank so fast. I should start looking at it.
     
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  4. lettow

    lettow Senior Member

    This is altered after it left the BEP. There was a magic trick circulating on youtube that involved moving the seal on a note.
     
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  5. Michael K

    Michael K Well-Known Member

    Yes this doesn't look right.
     
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  6. Workingwoman

    Workingwoman Active Member

    You mean you can move that seal around? Is there a way to tell if that was done?
     
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  7. Collecting Nut

    Collecting Nut Borderline Hoarder

    You can see a faint mark where it used to be.
     
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  8. LaCointessa

    LaCointessa Well-Known Member

    i saw someone explaining that the original reserve seal is removed by sandpapering it and then another bill is destroyed or duplicated to get the reserve seal so that it can be cut out and somehow affixed to the sandpapered bill.
     
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  9. LaCointessa

    LaCointessa Well-Known Member

    Do you have this bill in your possession @Workingwoman ? You should be able to see it affixed somehow. You can search on you tube as @lettow suggested. I found several videos about those bills and there are comments that explain how it is accomplished.
     
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  10. LaCointessa

    LaCointessa Well-Known Member

    or maybe in this day and age, people could feed a bill into a printer and print a reserve seal wherever they want it to appear on a bill?
     
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  11. Workingwoman

    Workingwoman Active Member

    I just looked it up on utube. Many people doing it. It should be illegal. I really thought i had something special. I do now, though; knowledge.
     
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  12. LaCointessa

    LaCointessa Well-Known Member

    Depending on where you got it, you may have some recourse to get your real moolah back. Or you might keep it....just because. @Workingwoman
     
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  13. Workingwoman

    Workingwoman Active Member

    I will keep it for the memory. I am a packrat anyway.
     
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  14. Collecting Nut

    Collecting Nut Borderline Hoarder

    It is illegal. But how do you catch and prosecute them?
     
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  15. Collecting Nut

    Collecting Nut Borderline Hoarder

    It is real money and can be spent. It's a phoney error. The bill itself is federal paper and was printed by the BEP.
     
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  16. LaCointessa

    LaCointessa Well-Known Member

    Hiya @Collecting Nut. Something tells me @Workingwoman spent more than a buck for that one dollar bill. So, if that were me, I would just keep it rather than spending it as a buck. Also, the next recipient of it might get the bright idea of selling it as an 'error' to someone else.

    The issue of whether a bill which is 'defaced' in this manner was intended to make the bill unable to be circulated is an interesting one and goes to the heart of

    18 U.S. Code § 333 - Mutilation of national bank obligations
    Whoever mutilates, cuts, defaces, disfigures, or perforates, or unites or cements together, or does any other thing to any bank bill, draft, note, or other evidence of debt issued by any national banking association, or Federal Reserve bank, or the Federal Reserve System, with intent to render such bank bill, draft, note, or other evidence of debt unfit to be reissued, shall be fined under this title or imprisoned not more than six months, or both.


    (June 25, 1948, ch. 645, 62 Stat. 700; Pub. L. 103–322, title XXXIII, § 330016(1)(B), Sept. 13, 1994, 108 Stat. 2146.)


     
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  17. Hookman

    Hookman Well-Known Member

    I love it when you talk law to me!!
     
  18. Workingwoman

    Workingwoman Active Member

    Okay. Being a cashier, i pick out everything i want and just swap it out with my cash. Even exchange. Paper and coins. I havent posted much but i usually bring home about 5 star notes and 5 or more good serial numbered ones a week. But i work very hard for them.
     
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  19. Collecting Nut

    Collecting Nut Borderline Hoarder

    Personally I'd keep the bill even though it can be spent. Why? Because of its low face value and it clearly shows what one can do to alter a bill.
     
    LaCointessa likes this.
  20. SteveInTampa

    SteveInTampa Always Learning

  21. Workingwoman

    Workingwoman Active Member

    Memories. Conversation pieces.
     
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