Butterfly Cut Errors on Modern Federal Reserve Notes: When the Final Cut Bisects Two Notes and Creates a Joined Pair
Butterfly cut errors rank among the most visually dramatic production mistakes in modern Federal Reserve Note manufacturing, occurring when the guillotine trim fails to fully separate two finished notes. This guide breaks down exactly how these errors form, which series and denominations carry the most collector weight, and what you should expect to pay for a genuine specimen in today’s market.
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