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RARE 1934D $5/10 Double Denomination Federal Reserve Note ERROR PMG Gem Unc. 66E

Currency:USD Category:Coins & Paper Money / Paper Money - United States Start Price:1.00 USD Estimated At:35,000.00 - 40,000.00 USD
RARE 1934D $5/10 Double Denomination Federal Reserve Note ERROR PMG Gem Unc. 66E
SOLD
30,500.00USD+ (4,575.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Sep 30 @ 12:29UTC-7 : PDT/MST
RARE 1934D $5/10 Double Denomination Federal Reserve Note ERROR PMG Graded Gem Unc. 66EPQ. Double denominations are known as the "King of Errors" with this Kansas City 1934D $5/$10 combination often fulfilling the needs of collectors who desire an example of this great error type. The backs are printed first and then they are set aside to dry. Later, the backs are sent to the presses in order to receive their correct face printing, which did not happen in this case. The sheets of twelve would be next overprinted and then cut into individual notes and banded. All of the inspections along the entire production path missed these double denomination errors. This nicely preserved error was noticed before it actually entered circulation, therefore it has been able to retain its paper originality that includes embossing of both of its serial numbers and the Treasury Seal. PMG Certified.