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About Ronald Fern
Expertise
I can answer most all questions relating to US coins, tokens, and currency. I'm not strong on world coins or ancients. Primary field of expertise is errors and varieties. Over 55 years experience in coin collecting. Part time dealer since 1976. Employed by McDonnell Douglas/Boeing for over 34 years as an Industrial Engineer/Technical Specialist before retiring in 2002.
Experience
Worked weekends for "Lonesome" John in the late 1960's to mid 1970's processing error coins, packaging, and preparing orders. Worked with John Devine and Fred Weinberg on several California Error A Rama's in the early 1970's. Served as display judge at annual Error-A-Rama coin shows. Opened and operated mail order coin business DBA "CAL ERRORS" in 1976. Contributer to Alan Herbert's "Official Price Guide To Mint Errors" and Fivaz/Stanton "Cherrypickers' Guide". Worked Saturdays at Huntington Beach Coin Exchange 1980-1999. Had table and sold coins at a number of coin and gun shows in So CA, AZ and NV. Sell coins, tokens and currency currently st my space in the Pomona Antique Center. Past "Errorscope" Editor. Presently CONECA Examiner.
Organizations
ANA, CONECA, CWTS, NLG
Publications
Errorscope, Numismatic News, Civil War Token Journal, Error and Variety News
Education/Credentials
AA Degree LBCC pre Engineering, 1964
BS Degree CSULB Ind Technology, 1968
Awards and Honors
1st Place EAR Trophy for Civil War Token Errors, NLG Author of Year Award for best monthly coin column "Error News and Views" in small Numismatic paper, owned and published by Ray Anthony.
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You are here: Experts > Shopping > Coin Collecting > Coin Collecting > Misprinted $5 bill
Expert: Ronald Fern - 11/9/2009
Question
This $5 bill is a 1985 series. The front (Abe) is fine, but the back side has distinct ink overload on the left side causing you not to be able to see some of the letters. Apparently, this is one that got through the inspection. Just wondering if it is worth anything because it is rare. Thank you so much for your time. Mary
Answer
Hi Maryann:
Actually, it sounds like you may have one of the more common paper errors, an ink smear. Condition would be a factor in determining the value of your piece. The ink smear should be black on the reverse side, and is a result of an over inked plate. There are likely others in your group that may have been printed with a similar error.
Your note would be approximately worth $10 to $25 to an interested collector, depending on the notes condition and the size of the ink smear. If you have a star note (replacement for original note damaged or not up to quality standards) or an unusual serial number, it could be worth more.
Here's link for you to view different types of error currency and their values.
Link: http://www.coinsite.com/html/uscurrencyerrors.asp
You may want to check US currency listings under errors on eBay from time to time to see what this type of error brings.
Please remember to go to the experts site to rate this answer. And check the nomination box on the rating page below any comments you may have.
Thank You and Good Luck in your collecting.
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