Fake Canada 1973 1 Dollar Inverted Error

Fake error $1 1973 banknotes are being sold on Ebay.  This is the second such note with exactly the same error to be sold.  The back of the note is inverted and mis-registered.  This is an exceptional error if correct.

Accurate with the Note


Charlton BC- 46a - $1 MY prefix matches the 2 Letter Lawson-Bouey combination.  There were 9,999,999 printed.

 
 
 
 

Wrong with the Note

No such errors have ever been recorded.  There have been mis-registered, off center print and there have been inverted printing but there never have been both.

The paper is too thin.  It looks almost transparent.  It looks like these notes were printed using a printing press the paper is not correct.

The notes are missing planchets.  These are the small circular dots which are randomly placed on the paper before printing.  There are usually at least 2 per note.  They can be scratched off to check if the note is real.  These notes are clean and have none.

Back of Canada 1 Dollar 1973 with Planchets

Front of Canada 1 Dollar 1973 with Planchets

Fake Canada $1 Dollar 1973 Mismatched Error Notes

Recently sold on Ebay for $105.10 + $12 shipping was a set of 9 Bank of Canada Multicolour 1973 series 1 dollar mismatched error notes.

The seller had them listed as:

TOP CONDITION UNC MISS CUT MISS MATCHED ONE DOLLAR BANK OF CANADA NOTES.MOST LIKELY OF A SHEET OF FORTY.ALL 9 ARE IDENTICAL MISSMATCHED TYPES AND ARE ORIGINAL BANK OF CANADA NOTES.

These notes are mismatched because they were cut from a uncut bank note sheet 40 x $1 which were sold by the Bank of Canada on December 12th 1988 to collectors.  The left side of belonging to one note from the sheet and the right side belonging to a different note on the same sheet.

The value of these notes to any collector of Canadian Paper money would not be more than face value of $9.

Collectors should be aware that $1 banknotes from 1973 with any errors are fake.

Fake error notes from these sheets have appeared as cutting or fold over errors.  Since these sheet were sold as collector sheets they were check by the Bank of Canada and it is highly unlikely that any ink errors were sold.

A total of 114,516 sheets were sold between December 1988 and June 1989.

BABN sheets were sold in a 5 x 8 format.  88,009 BABN sheets were sold.  CBN sheets were sold in a 4 x 10 format. 26,507 CBN sheets were sold.  These include replacement banknote sheets of BAX, and EAX.

The prefixes of the sheets sold were as follows: BFD, BFK, BFL, BAX, ECP, ECR, ECV, ECW, EAX.  The 2011 collector prices for these sheets in AU condition are between $150 to $450.  The replacement note sheets range in collector price from $375 to $800.

The notes that were cut and sold on Ebay came from a BFK sheet.

100 Rupees East India Company Eagle Note

All East India Company 100 Rupee notes are counterfeit.  The East India Company never issues 100 Rupee banknotes.  These notes sell from $10 to $200.

100 Rupees East India Company Eagle Note

Item : East India 100 Rupees Note
Condition : Used as shown in the picture
Signed By : C D Deshmukh
Serial Number : B/11 624542

The note is historically inaccurate.  The British East India Company was dissolved 1 June 1874.  This note is signed by C D Deshmukh who was the governor of the Reserve Bank of India from 1943 to 1950, over 60 years after the dissolution of the British East India Company.

This note is also not listed in any auction or banknote catalogs.

There have been other listings on Ebay which state that the note is a fantasy note.  Careful examination of the higher grade note also shows that the paper is not watermarked.  The watermark of King George VI is actually a gray scale print.

Some of the serials numbers are U 42 442943, G 31 716240, K 22 541950.  However there is no need to verify the serial numbers since all notes are counterfeit. 

Fake Canadian Money

Here are some images of fake Canadian currency.  In Canada it is a criminal offence to make, use or possess a counterfeit bank note. You are not permitted to keep a counterfeit note even for the purposes of training or instruction. Any suspect note must be given to the police.

Canada P102 10 Dollars - The banknote on the bottom is the counterfeit.  The one is the top is genuine.  Notice that the font on the serial number of the fake is smaller than the real note.  Also the AAX prefix does not exist.  These notes are the pre-security upgraded issues.  Counterfeiters in Canada began counterfeiting smaller denomination notes because larger denomination notes were no longer being accepted by retailers.  Most retailers do not accept $100 notes.

 

Canada P102A 10 Dollars - The banknote on the top is the counterfeit.  The large holographic thread on the front does not colour shift.  The smaller security thread on the back is missing.  The font on the serial number is also different.

Canada P103 20 Dollars - Two counterfeit 20 dollar notes.  The $20 note is the mostly widely used banknote in Canada.  It is also the most counterfeited note.  Both counterfeit notes are of very good quality.  However the watermark is missing and as shown in the photographs the broken "20" should align when held up light.  This feature is very difficult to counterfeit and most counterfeit notes will fail this security check.

The pictures shown here are courtesy of the members of Canadian Paper Money Forum.