Menu
Welcome Sign-In | Join Now
Sold for Sign-in or Join (free & quick) includes Buyer's Premium (BP) 

Description

The Finer of Only Two Known Fr. 1255a's

Fr. 1255a Milton 3R10.5 10¢ Third Issue Choice New. The finer by far of only two examples known to exist. The other piece was the Milt Friedberg example which we sold in January of 1997 for $39,600. That piece resides in a West Coast collection, and it likely will remain there for many years to come. This note was the Gengerke example, which was sold publicly for the first time in January of 1995 as Lot 121. At that time, it realized $21,450 on an estimate of $20,000-up. The note was acquired by Martin from pioneering paper money dealer Ted Kemm in 1972. Fr. 1255a is the "stopper" note for a complete Regular Issue Fractional Currency set. Only two complete sets can exist, as that is all of the 1255a's that exist. When we sold this note in 1995, it was described, "By far the better of the two pieces known to exist, this lovely note is hand signed by Colby and Spinner. But unlike all other hand-signed notes, it has the back printed in the green ink used for notes with engraved signatures. Although one might expect that at least a full sheet of these had been produced, only this and one other have ever surfaced. This is the only note that F.C.C. Boyd was never able to acquire. It is bright and attractive, with a few ink smears about the margins and one larger smear running the length of the top margin. No Fractional Collection can ever be complete without this variety. The current record price for a piece of Fractional Currency is held by the Fr. 1352 (three known) that was sold by Stack's last year for $126,500. While it is unlikely that this note will pass that record, it is certain to take a run at it."



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

Sales Tax information  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Glossary of Terms

Auction Info

Auction Dates
May, 2005
5th-7th
Internet/Mail/Phone Bidders: 5
Members Tracking: N/A
Page Views: 2,091

Buyer's Premium per Lot:
15% of the successful bid (minimum $9) per lot.

Heritage membership

945,434
bidder-members
$891,701,465
sold in the last year

Join Now - It's Free

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 2015 December 10 - 11 World Currency Signature Auction - Hong Kong.

Learn about consigning with us

What I most appreciated was how thorough you were when we initially met, how you were conservative in your estimates, not trying to get me to consign by giving false expectations, and then for delivering above and beyond on your commitment to me of a wonderful marketing campaign and a first rate catalog and photos, all of which resulted in a final total price realized that was nicely higher than what you had told me to expect.
Adam Mervis,
Decatur, IL
View More Testimonials

HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com

Video tutorial

Getting the most out of search

Recent auctions

2015 August 13 ANA Currency Platinum Night Auction - Chicago
2015 August 13 ANA Currency Platinum Night Auction - Chicago
REALIZED $1,870,380

© 2015 Heritage Auctions | All Rights Reserved