$5 Error note from 1992 - Missing one of the 5's from the top right.

Discussion in 'Banknotes' started by chances, Oct 31, 2012.

  1. chances

    chances Member

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    Hey all, was just looking through some old stuff today and come across some bank notes which were stashed away.
    One of the notes is a $5 note which is missing the 5. It was originally found in 1992 and together with the note there is a newspaper clipping from when it was on the front page of the local newspaper.
    Would anyone have a clue what this might be worth to a collector?

    [​IMG]
     
    chances, Oct 31, 2012
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  2. phynixbullion

    phynixbullion Member

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    You could be sitting on something of value there
     
    phynixbullion, Oct 31, 2012
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  3. Austacker

    Austacker Active Member

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    Yes it has some value, I will see what I can find. I recall seeing something similar.
     
    Austacker, Oct 31, 2012
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  4. Au-mageddon

    Au-mageddon Active Member

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    I'll give you 5 bucks for it .... :rolleyes:
     
    Au-mageddon, Oct 31, 2012
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  5. chances

    chances Member

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    Thanks that would be great
    I also have a $20 paper note which is missing the serial on both sides, I had a quick look around some websites and it seems like its fairly common.

    Back to the $5 - you can kind of see the bottom of the 5 as a black dot, as if it started printing but then stopped... odd

    DEAL! :D
     
    chances, Oct 31, 2012
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  6. chances

    chances Member

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    Closeup of the corner.

    [​IMG]
     
    chances, Oct 31, 2012
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  7. Austacker

    Austacker Active Member

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    Ok got a little bit of info for you.

    Firstly, it is a general prefix 1992 issue Fraser / Cole are the signatures.

    It is a general prefix, AA00 being First release. This series has two variations a Med - Dark Green Serial numbers and Pale Serial numbers. Pale is the slightly more expensive option.

    In UNC cond a general prefix is worth around, $45 - $110 you need to add the error in now.

    I referenced a $5 from 1983 with all of the missing intaglio again a general prefix, so a bigger error than yours. It's For Sale price was $1,600 and UNC, so huge premium for a large error. If we took this as 50% error as it is all on one side. Yours is a missing Value or approximately 1% - 5% error. Working on similar markups.

    I would think the value of yours is somewhere near $500 - $700 for this type of error. Condition of the note is paramount, any creases snicks or tears will drop this value significantly.

    Would be keen to hear others and if I am way out. I have not looked at error notes for some time.

    For your reference here are a few other listings with different errors, notice how the condition effects the price big time.

    http://www.ebay.com.au/itm/22113887...ksid=p4340.l2557&orig_cvip=true#ht_500wt_1414

    http://www.ebay.com.au/itm/32099250...ksid=p4340.l2557&orig_cvip=true#ht_500wt_1414

    http://www.ebay.com.au/itm/30078656...ksid=p4340.l2557&orig_cvip=true#ht_657wt_1395

    http://www.ebay.com.au/itm/26109804...ksid=p4340.l2557&orig_cvip=true#ht_500wt_1414

    http://www.ebay.com.au/itm/31042544...ksid=p4340.l2557&orig_cvip=true#ht_771wt_1395
     
    Austacker, Oct 31, 2012
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  8. TheBullionBoss

    TheBullionBoss Member

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    TheBullionBoss, Oct 31, 2012
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  9. Austacker

    Austacker Active Member

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    Austacker, Oct 31, 2012
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  10. Au-mageddon

    Au-mageddon Active Member

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    Even if you get $300 after auction fees ... pretty good price for an old $5 note
     
    Au-mageddon, Oct 31, 2012
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  11. chances

    chances Member

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    Nice find
     
    chances, Oct 31, 2012
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