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    Fr. 1381 50¢ Fifth Issue PCGS Fine 12.
    At first glance, this appears to be a common circulated Crawford Fifth Issue 50¢ note. However, on closer examination, it is actually a "K-20" engraving error note. True engraving errors on fractional notes are very rare with only two other types known, the "no pearls" 3¢ note and the alternate placed "a" Fessenden note. This new error was first described in an article in the March/April issue of Paper Money, and this is the first appearance at public auction of this variety. Researcher Melamed postulates that the error occurred when the engraver of the plate initially etched an "H" and then realized that the plate position of the note called for a letter "K." Instead of destroying the plate and starting over, it appears he just engraved an extra vertical line. This variety was not discovered for over 140 years which is not surprising as only 1 of a possible 432 plate number/letter combinations can be engraved "K-20."

    Auction Info

    Auction Dates
    Apr-May, 2017
    26th-2nd Wednesday-Tuesday
    Bids + Registered Phone Bidders: 0
    Lot Tracking Activity: N/A
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