Do you
own a WEB Currency Note? If so, you are one of a lucky few. Here’s why ...
But first, “What in the world is a WEB note?” you ask.
Web notes (also known as Web Press Notes or “Webs”), are NOT error notes; Webs are a form of official U.S. currency (legal tender, one dollar Federal Reserve Series) designated by the way they were printed and produced.
This printing process is called the "web printing production" method of printing which involves printing on continuous rolls of paper. Offset, gravure (intaglio), and flexography are three types or methods of web printing production. However high-pressure web intaglio printing, front and back of the intaglio process, was a totally new idea.
Between 1992 and 1996, the BEP (Bureau of Engraving and Printing) wanted to see if a web press that used continuous rolls of paper was easier, faster, and less costly when compared with traditional flat sheet printing techniques. The dollar bill notes they produced with this method are from Series 1988A, Series 1993, and Series 1995.
Bottom
line for currency collectors is that this BEP experiment was a Total Disaster! This
unstable press process created huge numbers of error notes. Most of these
errors were destroyed but a few have “escaped” and are now deemed extremely rare
and highly collectible.
Why are
WEB Notes scarce, exceptional,
and highly collectible?
Instead of being printed
on one side at a time such as what happens with the standard sheet-fed
operations, Web notes were printed on both sides, simultaneously (similar to
how newspapers are printed), with continuous paper rolls. Because of the
instability of this costly and wasteful process, BEP gave up on the experiment
in 1996.
US
taxpayers paid the price for this mistake – totaling millions of dollars. Rare
currency collectors world-wide are taking advantage of this huge BEP mistake!
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For more information
about these and other collectable coins and currency items, please visit our
web site at http://www.treasuredstocks.com
Treasuredstocks.com is very proud to be able to list some of
the most precious and valuable currency items in the world. We have over 4,000
items to choose from with huge variety and selections.
We are Official Dealers for PCGS and PMG grading institutes.
We are also members of numerous Numismatist organizations including
Professional Currency Dealers Association (PCDA) and American Numismatic
Association (ANA).
Treasured stocks.com was founded in
1987 to provide currency enthusiasts and investors with a wide choice of
currency items. The site offers a range of national and international coins and
currency for the value conscious currency collector and investor. We are here to assist you! Please
give us a call at 870-670-4255 or email us at jeff@treasuredstocks.com
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