WASHINGTON, D.C. –
A misprinted set of currency, being dubbed “pinkbacks” by collectors, in response to their tinted color, has made its way into everyday trade and banks, and collectors are picking them up for top dollar.
“I got a pink $100 bill when I cashed my check at the bank,” said Craig Fisher of Baltimore. “I thought it was kind of odd. At first I thought it was fake, but then I looked into it, and found out it was a very rare misprint. I ended up selling it to a collector for $15,000.”
The U.S. mint is trying, and seemingly failing, to get their hands on all of the misprinted bills. They are not saying how much currency is currently out there with the pink tint, but collectors are estimating that it is probably a small amount.
“Based on what I know about the influx of currency into the general marketplace, I’d venture to guess that there is maybe 1,000 of each of the pink $100s, $50s, and $20s, and probably only a couple hundred of the pink $10s,” said currency collector and expert, Mark Ditka. “I’ve only seen one $10 pinkback for sale so far, and I know it fetched well over $75,000.”
Ditka says that it’s “unlikely” that anyone will find one of these bills in the “real world,” as most of them have gone “underground” in the collector’s market, so that the U.S. treasury does not get their hands on them.
“But if you do find one, definitely give me a call,” said Ditka. “I’ll pay you a fortune for one.”