Scarce T-45 Gutter Fold ErrorT45 "Gutter Fold Error" $1 1862.
We have only sold a single T-45 error and that was part of the Honorable William H. Kelly Collection back in 2012. That note graded Fine and sold for $276. This colorful piece has above average margins for the type and has some minor mounting remnants on the back corners. A very pronounced gutter fold error is seen at the upper right. PCGS Apparent Fine 15.
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