Friday, 6 January 2006

Auction object lesson in making money ... out of money


When is a $20 bill worth $10,000 plus? When it's found to be overprinted with a bright red, yellow and gree Del Monte fruit sticker apparently.

The so-called "banana note" snuck out of Treasury Department printing facility in Fort Worth, Texas, when checking precedures failed to spot the error. Daniel Wishnatsky of Phoenix paid just over $10,000 for the bill in a 2003 auction on e-Bay and now Heritage Galleries and Auctioneers of Dallas is auctioning the bill in Orlando, Florida.

The Heritage Galleries website has a comprehensive catalogue description.

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