Rare Double Denomination $11 Bill

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Error Notes > Federal Reserve Notes

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$10/$1 1950-A B New York/Silver Certificate
Grade: Ch. AU    

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The rarest of the small size double denominations and undoubtedly the most sought after. Who would ever think of an $11 bill! The combination of a $10 FRN face and a $1 silver certificate back surely makes for the most unusual combination recorded on a single issue. The error note expert, Harry Jones, estimates that only six of these have survived. As amazing as that seems, three pieces were available at the 1976 ANA. "In the spring of 1955, a charming young woman was surprised to note, after a few counts, that there were two different totals in her pay envelope - $120 at times and $111 when the bills were turned over. Close examination ferreted out the culprit, a bill with $10 on the face and $1 on the reverse. Mrs. O'Connor, the heroine of our tale, did a bit of checking, and subsequently received many offers of purchase for the misprinted bill. The bookkeeper who issued the pay envelope offered to take the bill back to the Manufacturer's Trust Co. branch at 221 Fourth Ave. in New York City to exchange it for a "good" bill. This Mrs. O'Connor refused, preferring to hold it as a souvenir" (from the Hans Schulman auction description).

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