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New Zealand 1985 100 Dollars perforated SPECIMEN OF NO VALUE with no punch holes, S.T. Russell signature, serial YAC000000, top population PMG 67 EPQ Superb Gem Uncirculated, Pick 175bs.

New Zealand 1985 - 100 Dollars S.T. Russell Signature Perforated SPECIMEN OF NO VALUE Serial YAC000000 (Pick 175bs)

Graded PMG 67 EPQ Superb Gem Uncirculated, this example stands alone at the highest certified level for this issue, with a population of one and no examples recorded in higher grades. This top population status places it at the absolute pinnacle of known survivals, combining elite preservation with a rare and technically distinct specimen format. Read more →

New ZealandPerforated SPECIMEN OF NO VALUE1985100 DollarsPMG 67 EPQ Superb Gem Uncirculated SpecimenPerforated SpecimenSPECIMEN OF NO VALUE perforationPerforated cancellationNo Punch HoleNo OverprintNo Oval Stamp100 DollarsQueen Elizabeth II portrait revisedCaptain James Cook watermarkBradbury WilkinsonBWCRussell SignatureS.T. RussellPerforation control formatDecimal SeriesReserve Bank of New ZealandFinal paper issueNew Zealand currency evolutionHistoryNew Zealand198519891985-1989YAC000000Pick 175bsPick 175bPMG 67 EPQSuperb Gem UncirculatedTop PopMuseum Grade
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New Zealand 1992 100 Dollars Rutherford specimen with vertical red SPECIMEN overprint, dual De La Rue oval stamps, punch hole cancellation, extensive handwritten printer annotations, serial AA000000 003, Pick 181s, PMG 58.

New Zealand 1992 - 100 Dollars Rutherford Design Vertical Red SPECIMEN Overprint Printer-Annotated TDLR Specimen (Pick 181s)

This example represents a complex internal printer specimen, combining multiple control and approval features rarely encountered together on a single note. The most visually striking element is the red 'SPECIMEN' overprint applied vertically from top to bottom across the portrait and central design. This orientation differs fundamentally from the standard diagonal format used on earlier De La Rue specimens, indicating a distinct production or presentation method within the 1992 issue. Read more →

New ZealandSpecimen with Red Overprint, Oval Stamps and Printer Annotations1992100 DollarsPMG 58 Choice About Uncirculated SpecimenRed SPECIMEN overprintVertical SPECIMEN overprintUnusual overprint orientationDual oval control stampsSPECIMEN NO VALUE stampSingle Punch HolePunch CancelledPrinter AnnotationsHandwritten approval markingsArchival working specimen100 DollarsRutherford designLord Rutherford of NelsonAtomic model imageryNobel Prize referenceThomas De La RueTDLRDon Brash signatureGovernor signatureSpecimen control processDecimal SeriesReserve Bank of New ZealandFinal paper seriesTransition to polymerHistoryNew Zealand1992AA000000Specimen 3Pick 181sPMG 58Museum GradeAnnotationsHandwritten Annotations
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United States 1929 Type 1 - 10 Dollars National Bank Note The Farmers National Bank of Sussex New Jersey Fr 1801-1 CH 1221 PMG 30 EPQ

United States 1929 Type 1 - 10 Dollars National Bank Note - The Farmers National Bank of Sussex, New Jersey Charter 1221 (Fr. 1801-1)

Certified PMG 30 EPQ Very Fine, this survivor retains full color and originality-a rare trait for notes that circulated heavily in rural trade. With fewer than fifty small-size notes known for this charter, it is a tangible link to Sussex County’s 19th-century banking heritage and a surviving witness to the closing generation of the National Banking system. Read more →

United StatesNational Bank Note192910 DollarsPMG 30 EPQ Very Fine 10 DollarsNational Bank NoteIssued NoteType 1SussexNew JerseyCharter 1221Hamilton1929PMG 30 EPQLocal Banking History
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United States 1995 10 Dollars Federal Reserve Note Minneapolis District Fr 2032-I Printed Tear Error PMG 66 EPQ Gem Uncirculated

United States 1995 – 10 Dollars Federal Reserve Note – Minneapolis District Printed Tear Error (Fr.2032-I)

The error noted by PMG as 'Printed Tear Error' occurred when the sheet suffered a slight tear or snag during the intaglio impression stage. Instead of discarding the damaged substrate, the BEP press cycle continued, causing a distortion or ink void along the affected margin before the paper was repaired or trimmed. Such anomalies provide a glimpse into the precision-and occasional fallibility-of modern currency production, where speed and volume can produce rare, visually distinctive results. Read more →

United StatesError Note199510 DollarsPMG 66 EPQ Gem Uncirculated 10 DollarsFederal Reserve NoteIssued NoteError NotePrinted Tear ErrorMinneapolis1995HamiltonBureau of Engraving and PrintingPMG 66 EPQ
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United States 1970s COPE Experimental Test Note serial A82432955A blank format PCGS 65 PPQ Gem New

United States ca. 1970s – C.O.P.E. Experimental Test Note Serial A82432955A

Few examples survived outside official archives, as almost all were destroyed after use. This specimen, preserved in pristine form, provides a direct glimpse into the mechanical evolution of U.S. paper currency manufacturing. Certified PCGS Currency Gem New 65 PPQ, it exhibits bright paper, razor-sharp serial impressions, and full margins-an exceptionally rare survivor from the development phase of America’s first automated currency-processing era. Read more →

United StatesTest Note1970Test NotePCGS 65 PPQ Gem New United StatesCOPE Test NoteExperimental1970Serial Number CalibrationBureau of Engraving and PrintingPCGS 65 PPQCurrency Overprinting and Processing Equipment
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United States 1902 20 Dollars National Bank Note First National Bank of Taylorville Illinois CH 3579 large size plain back blue seal serial 21634

United States 1902 – 20 Dollars Large Size Plain Back National Bank Note – The First National Bank of Taylorville, Illinois Charter 3579 (Fr.650-652)

Serial 21634 documents a late Plain Back print. Paper shows honest circulation folds, edge wear, and scattered foxing, but retains strong ink in the blue overprints and clear device detail on both sides. As a raw Very Good survivor from a bank with almost no public sales history, this piece anchors the scarce large-size side of the Taylorville story and pairs historically with the ultra-rare 1929 Type 1 ghost note from the same charter. Read more →

United StatesNational Bank Note190220 DollarsRaw Very Good (estimated) 20 DollarsNational Bank NoteIssued NotePlain BackTaylorvilleIllinoisCharter 3579Hugh McCullochLarge Size1902Banking History
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United States 1929 Type 2 uncut pair of 5 Dollars National Bank Notes from The Thomas County National Bank of Colby Kansas Charter 13076 with original 1944 W.D. Ferguson signed bank letter

United States 1929 - Uncut Pair of $5 Type 2 National Bank Notes with 1944 Bank Letter – The Thomas County National Bank of Colby, Kansas Charter 13076 W.D. Ferguson Provenance (Friedberg 1800-1)

The enclosed letter, dated February 24 1944, is printed on official Thomas County National Bank stationery and signed in ink by W. D. Ferguson. Addressed to Franklin Moore in Harrisburg, Pennsylvania, it explains that Ferguson is enclosing 'a couple of our bank’s notes for $5.00 each, which bear my signature,' to express appreciation for assistance received at a wedding. This direct reference to the enclosed notes establishes verified provenance linking these specific examples to the issuing bank’s executive-a form of authenticity documentation almost never encountered with National Currency. Read more →

United StatesNational Bank Note19295 Dollars (Uncut Pair)Uncirculated (Estimated Choice–Gem) 5 DollarsNational Bank NoteIssued NoteNational Bank Note Provenance SetType 2Uncut PairColbyKansasCharter 13076W.D. FergusonProvenance Letter1944 Correspondence1922Small Size NationalBank HistoryPick UnlistedMuseum GradeR9 Extremely RareUnique
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United States 1996 100 Dollars Federal Reserve Note from the Chicago District with Insufficient Inking Error on the reverse, PMG 66 EPQ Gem Uncirculated, showing faint Independence Hall design

United States 1996 - 100 Dollars Federal Reserve Note Chicago District Insufficient Inking Error (Friedberg 2175-G)

Insufficient inking errors of this magnitude are extremely uncommon on 100 Dollar notes. High-denomination sheets were printed under the Bureau of Engraving and Printing’s most rigorous quality-control protocols, and nearly all examples showing such severe defects were intercepted and destroyed. This survivor is therefore not only visually dramatic but also a rare testament to the limits of quality assurance at a time when the BEP was modernizing production with computer-assisted presses and updated ink formulations. Read more →

United StatesError Note1996100 DollarsPMG 66 EPQ Gem Uncirculated United StatesFederal Reserve NoteIssued NoteError NotePrinting ErrorInsufficient Inking ErrorModern Printing ErrorBureau of Engraving and PrintingChicago DistrictFriedberg 2175-G1996Gem UncirculatedPMG 66 EPQCurrency ProductionModern RarityUnited States Currency100 Dollars
Held
United States 1996 50 Dollars Federal Reserve Note from the Chicago District with Insufficient Inking Error affecting the left side of the obverse, PMG 65 EPQ Gem Uncirculated, portrait of Ulysses S. Grant visible with pale printing

United States 1996 - 50 Dollars Federal Reserve Note Chicago District Insufficient Inking Error (Friedberg 2126-G)

Errors of this severity are highly uncommon on mid- to high-denomination issues. The Bureau of Engraving and Printing’s late 1990s modernization program introduced automated inspection and improved quality monitoring, but rare lapses still occurred, particularly when print runs were transitioning between older and newer press systems. Inconsistent ink application or uneven plate pressure could yield localized under-inking, creating the ghosted design seen here. Read more →

United StatesError Note199650 DollarsPMG 65 EPQ Gem Uncirculated United StatesFederal Reserve NoteIssued NoteIssued NoteError NotePrinting ErrorInsufficient Inking ErrorModern Printing ErrorBureau of Engraving and PrintingChicago DistrictFriedberg 2126-G1996Gem UncirculatedPMG 65 EPQCurrency ProductionModern RarityUnited States Currency50 Dollars
Held
United States 1993 20 Dollars Federal Reserve Note from the New York District with Insufficient Inking Error on the reverse, PMG 67 EPQ Superb Gem Uncirculated, showing faint White House vignette and missing ink coverage

United States 1993 - 20 Dollars Federal Reserve Note New York District Insufficient Inking Error (Friedberg 2079-B)

Among 1990s Federal Reserve issues, Insufficient Inking Errors are disproportionately rarer on 20 Dollar notes than on lower denominations. Its immaculate condition, full embossing, and strong paper originality combine with the dramatic fade of the back printing to make this one of the finest survivors of its type recorded by PMG. Read more →

United StatesError Note199320 DollarsPMG 67 EPQ Superb Gem Uncirculated United StatesFederal Reserve NoteIssued NoteError NotePrinting ErrorInsufficient Inking ErrorBureau of Engraving and PrintingNew York DistrictFriedberg 2079-B1993Superb Gem UncirculatedPMG 67 EPQModern RarityUnited States Currency20 DollarsProduction Anomaly
Held
United States 1950A 10 Dollars Federal Reserve Note from the Chicago District with Butterfly Fold Error extending from the lower right corner, PMG 64 EPQ Choice Uncirculated, showing misprinted triangular fold pattern

United States 1950A - 10 Dollars Federal Reserve Note Chicago District Butterfly Fold Error (Friedberg 2011-G)

Butterfly fold errors occur during the high-speed sheet-fed printing stage, typically in the first or second pass of the intaglio press. Because the paper web is both damp and under tension, even a small curl or mechanical misfeed can cause a single corner to tuck over before impression. Such errors were usually caught and destroyed during BEP inspection, making fully released examples-especially those on higher denominations-extraordinarily rare. Read more →

United StatesError Note195010 DollarsPMG 64 EPQ Choice Uncirculated United StatesFederal Reserve NoteIssued NoteError NoteButterfly Fold ErrorFolding ErrorPrinting ErrorBureau of Engraving and PrintingChicago DistrictFriedberg 2011-G1950A Series1950PMG 64 EPQChoice UncirculatedModern Error NoteProduction AnomalyUnited States Currency10 Dollars
Held
United States 1988A 1 Dollar Federal Reserve Note from the Chicago District with Insufficient Inking Error on the obverse, PMG 64 EPQ Choice Uncirculated, showing faint upper printing and clear portrait of George Washington

United States 1988A - 1 Dollar Federal Reserve Note Chicago District Insufficient Inking Error (Friedberg 1915-G)

While minor under-inking is occasionally seen on low-denomination issues, examples this pronounced are rare in the modern era-especially when preserved in high grade. The note’s pale upper register provides an instructive look into the Bureau of Engraving and Printing’s mechanical process during the late 1980s. At the time, the BEP was operating high-speed presses that printed both faces in successive passes; a deviation in ink viscosity, plate temperature, or wiping pressure could yield the kind of ghosted areas evident here. Read more →

United StatesError Note19881 DollarPMG 64 EPQ Choice Uncirculated United StatesFederal Reserve NoteIssued NoteError NotePrinting ErrorInsufficient Inking ErrorModern Printing ErrorBureau of Engraving and PrintingChicago DistrictFriedberg 1915-G1988A Series1988Choice UncirculatedPMG 64 EPQUnited States CurrencyModern Rarity1 Dollar
Held
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