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    Description

    Fr. 1228(a?) 5c First Issue PMG Choice Uncirculated 64 EPQ. From our September 2007 auction of the Frederick Mayer Collection where this and similar smaller perforated notes were sold. This note has perforations that are even closer together than the well-known and listed "perf. 14" Fifty Cent note. No records exist to prove or disprove that this is not a government product (the perfs, not the notes.) But it is not too much of a leap of faith to suppose that their origin is from the same source as the Fr. 1310a's. This note was purchased by Mr. Mayer from our May 2005 sale of the O'Mara Collection at a cost of $840. In September 2007 this note realized almost $1050. In a market where rarities still shine, our estimate may prove conservative.

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    Auction Info

    Auction Dates
    January, 2009
    8th-11th Thursday-Sunday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
    Page Views: 345

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