Narrative:

Passing through FL180, the altimeter to be set was 29.71. Pilot at the controls (captain) set 30.71. After leveling off at 4000 ft on the captain's altimeter, approach asked our altitude. My initial response was our assigned '5000 ft.' that's what my altimeter showed along with what the altitude window showed. I quickly looked at the captain's altimeter and was shocked to see the 1000 ft disparity. I immediately realized that the captain had set the wrong altimeter setting. However, I had also realized that I must have missed his mistake when completing the descent/approach checklist. After advising approach control, we made an uneventful climb back up to 5000 ft and was told that there was no traffic conflict. Lessons learned: because of the 1000 ft split on the altimeter, I assumed the altitude was correct -- it looked correct! Both needles were at the 12 O'clock position in level flight. In the future. I will ensure that I check the numerical setting of the altimeter, along with the 1000 ft prior aural altitude alert -- like I'm supposed to do! I learned a lot from this one!

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Original NASA ASRS Text

Title: B737 FLC MISSET ALTIMETER PASSING FL180 AND OVERSHOT ASSIGNED ALT OF 5000 FT WHILE ON RADAR VECTOR TO PVD.

Narrative: PASSING THROUGH FL180, THE ALTIMETER TO BE SET WAS 29.71. PLT AT THE CTLS (CAPT) SET 30.71. AFTER LEVELING OFF AT 4000 FT ON THE CAPT'S ALTIMETER, APCH ASKED OUR ALT. MY INITIAL RESPONSE WAS OUR ASSIGNED '5000 FT.' THAT'S WHAT MY ALTIMETER SHOWED ALONG WITH WHAT THE ALT WINDOW SHOWED. I QUICKLY LOOKED AT THE CAPT'S ALTIMETER AND WAS SHOCKED TO SEE THE 1000 FT DISPARITY. I IMMEDIATELY REALIZED THAT THE CAPT HAD SET THE WRONG ALTIMETER SETTING. HOWEVER, I HAD ALSO REALIZED THAT I MUST HAVE MISSED HIS MISTAKE WHEN COMPLETING THE DSCNT/APCH CHKLIST. AFTER ADVISING APCH CTL, WE MADE AN UNEVENTFUL CLB BACK UP TO 5000 FT AND WAS TOLD THAT THERE WAS NO TFC CONFLICT. LESSONS LEARNED: BECAUSE OF THE 1000 FT SPLIT ON THE ALTIMETER, I ASSUMED THE ALT WAS CORRECT -- IT LOOKED CORRECT! BOTH NEEDLES WERE AT THE 12 O'CLOCK POS IN LEVEL FLT. IN THE FUTURE. I WILL ENSURE THAT I CHK THE NUMERICAL SETTING OF THE ALTIMETER, ALONG WITH THE 1000 FT PRIOR AURAL ALT ALERT -- LIKE I'M SUPPOSED TO DO! I LEARNED A LOT FROM THIS ONE!

Data retrieved from NASA's ASRS site as of July 2007 and automatically converted to unabbreviated mixed upper/lowercase text. This report is for informational purposes with no guarantee of accuracy. See NASA's ASRS site for official report.