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    Fr. 1228 5¢ First Issue Misperforated PMG Choice Uncirculated 64 EPQ. We had the privilege of selling this most unusual note once before. It was Lot 24 from CAA's January 2000 sale of the Mike Marchioni Collection. We described it there, "This pristine First Issue Five Cent is centered and perforated massively off-center. There is a full quarter inch between the frame line of the note and the perforations at the top. The appearance of the note is enhanced by an additional strip of margin outside the top perforations. Mildly misperf'ed First Issue notes command less money than their perfectly centered counterparts, but a note this massively misperforated is truly an Error, and as such should command a considerable premium." We've not seen another like this in the intervening seven years. A truly neat item for the First Issue collector. (1500-up)
    CAA January 2000 Marchioni Collection Lot 24.
    From The Frederick Mayer Collection


    View all of [The Frederick R. Mayer Collection ]

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    Auction Dates
    September, 2007
    26th-28th Wednesday-Friday
    Bids + Registered Phone Bidders: 5
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