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Milton 2E50F.2a 50¢ Second Issue Experimental Essay "WASH" Surcharge PMG Gem Uncirculated 65 EPQ, 2 POCs.. ...
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Sold on Oct 6, 2021 for:
$1,320.00
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Description
Milton 2E50F.2a 50¢ Second Issue Experimental Essay "WASH" Surcharge PMG Gem Uncirculated 65 EPQ, 2 POCs.This note is uniface with the standard 50¢ face design minus the bronze oval. It has been rubber stamped "SPECIMEN" in purple ink and also has two half moon cancels. This piece was bronzed with the top half of the letters for "WASH." During the same time span that Second Issue Fractionals were being developed, the BEP was also working on the development of National Bank Notes. At one point the bronze overprinting of the issuing bank was being considered as an anti-counterfeiting device. Sheets were prepared with eight lines of text, "First / Washington, D.C. / First / Washington, D.C. / Second / Baltimore, MD / Second / Baltimore, MD." Some of these sheets were used for a proposed $10 National. The left over sheets that had been bronzed, but not printed, were used to print Fractional Proofs as an economy measure. Very few of these bronzed notes survived. When we last sold this piece in our FUN 2010 auction, it realized $2,530.
From the Tabacco Family Collection
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Auction Info
2021 October 6 - 8 Long Beach Expo US Currency Signature® Auction #3585 (go to Auction Home page)
Auction Dates
October, 2021
6th-8th
Wednesday-Friday
Bids + Registered Phone Bidders: 6
Lot Tracking Activity: N/A
Page Views: 329
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20% of the successful bid per lot.
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