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The E-Sylum:  Volume 9, Number 2, January 8, 2006, Article 5

DEL MONTE BANANA LABEL ERROR NOTE SELLS FOR $25,300

The Orlando Sentinel covered the story of a famous error
note sold at the FUN show: "Collectors covet flaws, and
one of the most dramatic defects in recent years fetched
$25,300 at an Orlando auction Friday. The drab $20 note
sports a colorful Del Monte banana sticker next to the
solemn portrait of Andrew Jackson, one that was undoubtedly
affixed before the bill left the printer.

"You'll never find another item like this one," said
Michael Moczalla, consignment director with Heritage
Galleries & Auctioneers, the agency that conducted the
sale. "We had pretty heated bidding. The room was packed."

An unidentified Texan placed the winning bid, becoming
the bill's third owner since an Ohio college student
scooped it from a cash machine in 2003 and auctioned it
for $10,100 on eBay."

"The red, green and yellow sticker -- the kind stuck on
Del Monte bananas -- covers part of the background design
but is itself stamped with a serial number. The 1996 series
bill most likely was printed in the late '90s but didn't
surface until years later.

Just how the sticker ended up on the bill is a mystery.
Bradford said a printer might have accidentally dropped it.

"It is possible that it was done intentionally, but if
that happened, it would seem somebody might have tried
to profit from it," Bradford said. "These things just
happen occasionally."

To read the full story and view an image of the note, see: Full Story

  Wayne Homren, Editor

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