There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.
Opening Bid :
Current Bid:
Reserve Amount:

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) Buyer's Premium).


Notice: You are the current high bidder on this lot, but the next highest bid is within one increment. That means that any additional bids on this lot will outbid you. To increase your chances of winning, enter your highest maximum bid.

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) Buyer's Premium).

You are the current high bidder on this lot.
(Sign-In to see your maximum bid)

Your secret maximum bid of %bidPretty% has been outbid.

Your secret maximum bid of %bidPretty% does not meet the reserve.

(Sign-In to see your maximum bid)

Your secret maximum bid does not meet the reserve.
(Sign-In to see your maximum bid)

Lot
15776

Fr. 1235/1322 Milton 2E5FR.2 5¢/50¢ Second Issue Double Denomination Very Choice New. While not the same piece as our Friedb...

2005 (CAA) St. Louis, MO (CSNS) Signature Sale #374

Sold for: Sign-in or Join (free & quick)
Auction Ended On: May 6, 2005
Item Activity: 4 Internet/mail/phone bidders Number of Bidders
595 page views
Description:
Fr. 1235/1322 Milton 2E5FR.2 5¢/50¢ Second Issue Double Denomination Very Choice New. While not the same piece as our Friedberg example, it is clearly from the same sheet as the positioning of the bronze in relation to the design on both sides of the note is identical. Milt's example, which was unique when it was sold in 1997, was described, "This great note was first offered to the public in the HIM Auction at the 1983 Memphis show. Martin Gengerke cataloged the note for that sale, and we quote, 'An excessively rare fractional error: far rarer than double denominations of either large or small size notes. It has the full normal face of the 5¢, and the full normal back of the 50¢ T-1-18-63 variety (although due to poor centering, little shows of the T). Undoubtedly genuine, although we must, in all truthfulness, observe that this is a fiber paper note, and second issue fiber paper notes of all denominations are notoriously easy to split. We have no doubt of the authenticity of this piece for several reasons: (1) The four margins. Split and repaired notes would be difficult to aline (sic) and would require at least a bit of margin trimming. (2) The presence of a bit of margin ink writing identical to notations made at the Treasury on numerous experimental notes of known authenticity. (3) Third and most importantly, the presence on both sides of the embossing effect made by the plate of the other side. The light paper indentations made in the paper (by the great pressure of the plate when printing the other side) line up perfectly with the engraving on the printed side. To perfectly line up a face and back from two separate notes would be a million-to-one shot at best.'" In that description, Martin went on to say that the final judgement must be made by the bidder and HIM did not totally guarantee the item. We concurred with that write up and took it one step further: embossing cannot be "matched up" from one note to another. It is not simply a matter of the incredible odds of finding two matching pieces with sufficient margin. It is also, in our opinion, impossible to separate and remount the pieces without changing the surface texture of the note and destroying whatever embossing survived the initial separation. At that 1997 sale, all the bidders agreed on the note's genuineness and it realized $9,625 on an estimate of $7,500-up. The surfacing of this piece, with its identical bronzing positioning establishes the authenticity of both notes beyond any conceivable question. Although there are now two known, this newer market eight years later should see this incredible piece far surpass that realization.

View large image(s) of this item

Service and Handling Description: Coin/Currency (view shipping information)

Sales Tax information  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Guides and Pricing Information:

Previous Prices from Heritage Auctions
Sign-in or Join (free & quick)
Price Guide
Sign-in or Join (free & quick)
Population Guide
Sign-in or Join (free & quick)
Find Auction Prices for Comparable Items:

Photographs:
Sign-in or Join (free & quick) to see the full image


FLOOR AUCTIONS View All
Open For Bidding
Coming Soon
HERITAGE MEMBERSHIP
866,952
bidder-members
$925,490,597
sold in the last year
VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 
CONSIGNMENTS WANTED
Consign to the 2014 August 6 - 11 Currency Signature Auction -.
Learn About Consigning With Us
I would rate your performance excellent.
D.H. ,
Greeley, CO
HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com
HERITAGE VIDEO TUTORIAL
GETTING THE MOST OUT OF SEARCH
RECENT AUCTIONS
2014 January 9 & 13 FUN World Currency Signature Auction - Orlando
2014 January 9 & 13 FUN World Currency Signature Auction - Orlando
REALIZED $305,199
CURRENCY SURVEY
You could win!
Take the Survey