Fr. 1908-E. 1974 $1 Federal Reserve Note. Richmond. PMG Gem Uncirculated 65 EPQ. Splicing Error.Here is a stunning example of a seldom seen splicing error which roughly 50 percent of the overlap is on the back and 25 percent on the front PMG Comments BEP Rejection Mark on the holder which is a black stray mark created by the press operated so the inspector could flag and remove the note to avoid circulation. Thankfully, he failed! If the note is back lighted, it is easy to see the thickness of the paper and the blue glue that was used to adhere the two sheets together. One of the more dramatic errors we have offered. A real prize!
