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5¢ First Issue Cardstock Proof PCGS Choice New 63PPQ.. ...
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5¢ First Issue Cardstock Proof PCGS Choice New 63PPQ.This note was die sunk directly onto a soft cardstock much like the Bristol Board proofs. It was printed from the finished plates and has an exceptionally sharp image. It was printed on bright, white cardstock giving the brown face a lighter brown look than normal notes which were printed on a more yellow paper. It is cancelled with two perfectly round holes, one in the upper left corner and one in the lower right corner. This style of cancellation has only been seen on a few other notes.
This note and the 25¢ and 50¢ that follow in later lots are possible approval proofs. They are similar to other cardstock First Issue experimentals, except that these are printed directly on the cardstock without the intervening India paper. They are similar to lot 877 in the Friedberg sale which was then lot 13363 of the O'Mara sale and could very possibly be part of a four-note set. The 10¢, Milton 1E10F.2, was likewise printed directly on cardstock with a perfectly round hole in the upper left corner. This 5¢ note "1" and the 25¢ has a "3" in pencil on the back. The O'Mara 10¢ note has a "2" in pencil also on the back and in the same style, lending further credence of this being a set of four. The only other notes printed directly on cardstock with the same type of cancels that this cataloger has seen is a set of color plate proofs, lots 226-229 of the Ford XI sale. Those notes only had a frame line and these current notes also have a cutting guides in close proximity to the frame lines. This is an intriguing set that warrants more discussion and research.
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