1935B Wet Ink Transfer Error Silver Certificate 1 Dollar Banknote - Cool Transfer Error - 1935 Ink Error Silver Blue Seal Note - Fr.1609

This listing is for the photographed 1935-B Silver Certificate 1 Dollar Wet Ink Transfer Error Note. This note is known as a wet ink transfer error because of the slight outline of additional ink as seen on the obverse of this note, which happens when a banknote with wet ink is accidentally placed on top of the note, causing the wet ink to be transferred onto the other note. The ink matches the details printed in the second round of printing for these banknotes, which includes the "One Dollar" printed above the blue seal and the text printed on top of the "1" above the left end serial number; both of these prints are clearly seen inverted on the other side of the note. Typically, wet ink transfer errors are seen when banknotes are stacked on top of each other, causing ink from the obverse of a note to be printed on the reverse of another, but since the transfer on this note is only seen on the obverse, this note is a rarer type for this error! Choice Very Fine (VF+) grade/condition, some visible folds and signs of circulation. A great novelty note for any collection! FR#1609 (Friedburg Number 1609). 

Silver certificates are a type of representative money issued between 1878 and 1964 in the United States as part of its circulation of paper currency. They were produced in response to silver agitation by citizens who were angered by the Fourth Coinage Act, which had effectively placed the United States on a gold standard.

The certificates were initially redeemable for their face value of silver dollar coins and later (for one year – June 24, 1967 to June 24, 1968) in raw silver bullion. Since 1968 they have been redeemable only in Federal Reserve Notes and are thus obsolete, but still valid legal tender at their face value and thus are still an accepted form of currency.

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1935B Wet Ink Transfer Error Silver Certificate 1 Dollar Banknote - Cool Transfer Error - 1935 Ink Error Silver Blue Seal Note - Fr.1609