The wrong security thread

Started by chrisild, September 23, 2011, 12:16:04 PM

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chrisild

Maybe I should inspect my euro notes a little more closely from now on. :) Here is somebody who found (and just sold) a €50 note with a €100 security thread. Auction is now over by the way. http://www.ebay.com/itm/ws/eBayISAPI.dll?ViewItem&item=110742731545

See the attached image, and the two here:
(note) http://img199.imageshack.us/img199/9744/50eur.jpg
(detail) http://img195.imageshack.us/img195/7405/50eur2.jpg

Christian

izotz

Sometimes I wonder who and how spots such a difference. Have any of you (euro citizens) tried to check something like this? Would you note one error / variety like this at first sight? I'm sure I would not.

So in some cases I think about the merit of this "casual" error chasers (he got a nice profit) but in some other cases I wonder where the trick is (before or after you print the banknote / strike the coin).  ???

Figleaf

Good point, but there's no way to check. In ten years, this error will be in all the catalogues and unquestioned.

The best defense is asking yourself why you'd want an error in your collection. I see elements of Say's law (supply will create its own demand) here: collectors must want it because it exists.

Peter
An unidentified coin is a piece of metal. An identified coin is a piece of history.

Coinsforever

Quote from: Figleaf on September 23, 2011, 10:34:49 PM
I see elements of Say's law (supply will create its own demand) here: collectors must want it because it exists.


Amazing error in modern bank note &  interesting Say's law.

Thanks for posting.

Cheers ;D
Every experience, good or bad, is a priceless collector's item.



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