1988A UNIQUE WEB STAR ERROR

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P.M.G #40

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Description

FR-1917-F* 1988A Series One Dollar Federal Reserve note coming from the one and only Atlanta District.  Web note series started with the 1988A series, it continued with the 1993 Series and ended with the 1995 Series ALL on $1.00 FRNS. Between 1992 and 1996, the Bureau of Engraving and Printing experimented to see if a web press that used continuous rolls of paper was quicker and cheaper than intaglio printing, which uses flat sheets. The notes produced were dollar bills from Series 1988A, Series 1993, and Series 1995. As the press was in the Washington facility, no web notes were printed at the Fort Worth plant.

There are many types of errors on web notes for all such series. Inverted over-prints, over-prints on the back, inking errors, misalignments, fold-over errors even a $26,000.00 Mismatch prefix F-L F* that hit public auction. “Not a F STAR, a loose roller that made its way to the star suffix” These notes command a decent premium being web note errors over the regular $1 FRNS that are printed today.

The surprise occurred on the 1988A Series $1 FRNS from the Atlanta District to show up with replacement notes. The BEP had announced that they were not making replacement star notes for the entire Experimental Web series. This was a blunder by the BEP MISTAKENLY feeding a pallet of web notes through the BEP press that was set up for replacement notes. Making the OVER-PRINTS wrong for the web notes series. This wrong over-print on Atlanta Stars were shipped and not destroyed.

The run consisted of 640,000 STARS. Their serial numbers are the last 20,000 of each 100,000 numbers from F 064 00001 * to F 096 00000 *. That is, they bear serial numbers 064 80001 through 065 00000, 065 80001 through 066 00000, and so on to 095 80001 through 096 00000. These notes were actually produced by mistake; the BEP had not intended to use web press notes as replacements. Most of the web star notes were still in the BEP’s possession when the error was discovered, and so were destroyed before reaching circulation.

Since 1992, there has not been ONE error note to come forward on a 1988A Series $1 WEB-PRESS STAR. Hard to believe until now. As one decided to surface. As of today, UNIQUE for the experimental series. Think about it, A wrong over-print blunder by the BEP, and a cutting error on a replacement STAR gets out into circulation. Third party graded P.M.G #40 EXTRA FINE. PP#1 0F BP#2.  A conversational note….   that not I……………. like many would expect to see.

New Discovery for WEB- ERRORS.

 

Information:

The Rocky Manning Web-Press Error Book “picture”

PAGE #424-425 Stephen Sullivans Error Encyclopedia 2nd Edition.   Other info Serial number tables BEP PRODUCTION: pulled from USPaperMoney.Info: Web Notes

 

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