LOT #20256 |
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Milton 2E5F.2a 5¢ Second Issue PCGS Banknote Choice Unc 64.. ...
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Sold on Apr 21, 2021 for:
$2,640.00
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Description
Milton 2E5F.2a 5¢ Second Issue PCGS Banknote Choice Unc 64.This note made its first public appearance as Lot 163 in Ford 19. It is an unfinished Essay Proof. No denomination is present, and in the unprinted open oval where George Washington's portrait goes is a paste-up used to show what the appearance would be like. The paper is an odd sandy yellow. The enabling act is the earlier one of July 17, 1862 that does not appear on any issued Second Issue notes. The "Engraved and Printed at the Treasury Department" block is not attached to the design but floating below it in the broad margin area. These Second Issue unfinished Essays are among the most significant of all Fractional developmental pieces. Virtually all are unique, and Milton numbers are a challenge to assign. The assigned Milton number of 2E5F.2a is accurate or extremely close. This whole category of notes are virtually all punch canceled. The lack of cancels in this instance adds strongly to its eye appeal, which in turn enhances its value.
From the Tabacco Family Collection
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Auction Info
2021 April 21 - 23 Central States Currency Signature Auction - Dallas #3582 (go to Auction Home page)
Auction Dates
April, 2021
21st-23rd
Wednesday-Friday
Bids + Registered Phone Bidders: 2
Lot Tracking Activity: N/A
Page Views: 203
Buyer's Premium per Lot:
20% of the successful bid per lot.
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