This is one of my favorite MAJOR Cutting Errors. What makes this 1974 $20 New York FRN so different from most all Major Cutting Errors is it actually has TWO Completely different serial numbers on it from two different notes. 98% of these types of cutting errors DO NOT show the second serial number. In addition most cutting errors are perfect on one side while the other side has the error. Rarely does the cutting error show on both sides. Think about it! I have only seen about three of these and they were on $1 bills, and I am a major Error collector. It is obvious the grading company did not know how to grade this error note because it has GEM margins on the sides with no rips tears or pinholes. Centering of the error itself is not a consideration because it is a cutting error! Go figure!
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