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Del Monte note

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The Del Monte Note is a misprinted U.S. twenty-dollar bill on which a multicolored Del Monte sticker appears next to Andrew Jackson's portrait. The sticker became affixed during the printing process, prior to the application of the overprint but after the face print had been made. The result is a note with part of the seal and serial numbers printed on top of the sticker. In the paper money hobby, this error type is called a "retained obstruction." The vast majority of such errors do not retain the source of the obstruction but those that do sell for a substantial premium. The note is very famous among currency collectors and has appeared on the covers of industry magazines such as Bank Note Reporter and Numismatic News.[1][2]

The Del Monte Note originated at the Fort Worth U.S. Treasury Department print facility. It was discovered by a college student in Ohio who received it from an ATM. The note had been preserved in uncirculated condition and was auctioned off on eBay for $10,100(US) in 2003. On January 6, 2006, the note was auctioned for $25,300(US) by Heritage Auctions of Dallas, Texas.[3][4]

References

  1. ^ "When is a Del Monte Banana Sticker Worth $20,000?". ha.com. ha.com. Retrieved 2015-08-05.
  2. ^ "Fr. 2084-H $20 1996 Federal Reserve Note. PCGS Choice New 63PPQ". ha.com. ha.com. Retrieved 2015-08-05.
  3. ^ "When is a Del Monte Banana Sticker Worth $20,000?". ha.com. ha.com. Retrieved 2015-08-05.
  4. ^ "Fr. 2084-H $20 1996 Federal Reserve Note. PCGS Choice New 63PPQ". ha.com. ha.com. Retrieved 2015-08-05.