$1 1988A EI BLOCK WEB NOTE PCGS 20PPQ

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Win friends and influence people with this tasty scrumptious ultra rarity. We offer an irresistable key rarity that could be the centerpiece of an advanced collection. Additionally, the winning bidder will recieve good luck and generations of success, while failed underbidders only will have tears and fish stories about the one that got away. Web notes are a type of United States currency named after the "web-printing" or printing on continuous rolls of paper similar to a newspaper press but exponentially more complicated than a newspaper press. Because of a need for greater quantities of $1 FRN's, the BEP sent out a REQUEST FOR PROPOSALS (RFP) (year 1985) NO. BEP-85-73 to procure a web-fed intaglio printing press to drastically increase the production of currency notes within the confines of their current (1985) 14th & C street facility. T The Bureau of Engraving and Printing installed the Web Currency Press was supposed to be much more efficient than current sheet-fed intaglio printing equipment which used flat sheets somewhat similar to your everyday computer printer. The affected notes are dollar bills from Series 1988A to Series 1995 . They are legal tender and are not considered error notes , although they are valuable due to their rarity. Intaglio - Web Currency Press In May 1991, the Bureau of Engraving and Printing (BEP) installed an intaglio web press at the Washington, DC printing facilities to produce FRN $1 bills. BEP officials hoped that the press would replace the conventional sheet-fed intaglio presses by switching to a substantially more efficient and less expensive method of intaglio printing notes and the plan was the begin with the $1 note and move up to the $5, $10 etc.. T are several differences between the two types of presses: Intaglio (standard) sheet-fed press (Giori) Sheet-fed press uses precut to size. (32 bills, 4 by 8, approx. 21.25" by 26" ) Intaglio prints twice, once on each side for front and back in separate runs. COPE (Currency Over Processing Equipment) then stamps the serial numbers, and plate numbers. 32 notes printed, in three stages Delivered over 8,000 notes for the Giori I8 sheet-fed currency press. Newer $5,10, 20, 50 100 are now printed initially by the "Similton" perfecting offset press, both front and back at once, in perfect registration, then off to the intaglio process front and back. Web Press (Web Currency Press) Built by Hamilton-Stevems, Hamilton Oh. Fed by a continuous paper roll Printed both sides of a note simultaneously Created 96 notes per revolution of the plates Printed both sides of the notes and sheeted them into piles of up to 5000 sheets for further processing (COPE) Delivered 10,000 sheets in 35 minutes according to final specs from manufacturer when tuned and running perfectly. The "Sweet spot" of the machine was around 7500 sheets in 35 minutes and t was still substantial error notes. The continuous-roll printing process (Web printing) is somewhat similar to the printing of newspaper presses , was intaglio visually resembles stamping (metalworking)|metal stamping or what is called a "high-pressure printing process". The Web Currency Press was it's official name and was a true intaglio (Water wipe) press which printed the back of the note first in Intaglio then was dried and the front was printed intaglio then dried and sheeted into 32 note sheets. Problems arose with the Web Currency Press. The main drawback was its inability to sustain long continuous runs compared to conventional (Giori) sheet-fed presses, resulting in a high rates of rejected notes. Many insiders believe the project was sabotaged because it had such a high rate of throughput (production), nobody including press maker Giori wanted the machine to work. Besides if successful it would displace a substantial part of the Bureau of Engraving & Printing's workforce. T were stories of operators literally throwing wrenches into the machine. It is true that the quality of the prints w... read more

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