Skip to main content
Go to accessibility notice

    Description

    Fr. 1228(a?) Milton ? 5¢ First Issue Perforated 16 Choice New. This and the 10¢ and 25¢ below are a three-note set that was first brought to the market by Lester Merkin in the 1970's. The notes had been separated at one point, but they have been brought back together by Tom O'Mara. We sold the 5¢ and 10¢ in our January 1994 auction of the Liechty sale with the following description: "Purchased from Lester Merkin in the 1970's, this note has perforations that are even closer together than the well-known and listed 'perf. 14' 50¢ note. Originally bought as a set of three (5¢, 10¢ and 25¢), the 25¢ note has been sold privately, leaving this and the following lot. This note grades Choice New, with its original paper surfaces evident. 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 (see previous lot.)" In that sale, we offered the Five Cent and Ten Cent. Tom acquired both of those, along with the 25¢, and they are all being offered in this sale.

    Auction Info

    Auction Dates
    May, 2005
    5th-7th Thursday-Saturday
    Bids + Registered Phone Bidders: 4
    Lot Tracking Activity: N/A
    Page Views: 158

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $9) per lot.

    Sold on May 6, 2005 for: Sign-in or Join (free & quick)
    Track Item
    Coming soon:

    Jewelry & Timepieces
    Opens about 10/22/2021

    Fine Art
    Opens about 10/19/2021

    Photography
    Opens about 10/20/2021

    Decorative Art
    Opens about 10/21/2021

    Space
    Opens about 10/25/2021

    Silver
    Opens about 10/26/2021

    Fine Art
    Opens about 10/26/2021

    Fine Art
    Opens about 10/27/2021

    Fine Art
    Opens about 10/27/2021

    Sports Collectibles
    Opens about 10/28/2021

    Comics & Comic Art
    Opens about 10/29/2021

    Movie Posters
    Opens about 10/29/2021

    World & Ancient Coins
    Opens about 10/24/2021

    Currency
    Opens about 10/25/2021

    US Coins
    Opens about 10/22/2021

    Fine Art
    Opens about 11/10/2021

    US Coins
    Opens about 11/01/2021

    Ethnographic Art
    Opens about 11/11/2021

    Fine Art
    Opens about 11/12/2021

    Decorative Art
    Opens about 11/12/2021

    Historical
    Opens about 11/15/2021

    Luxury Accessories
    Opens about 11/16/2021

    Entertainment
    Opens about 11/16/2021

    World & Ancient Coins
    Opens about 11/07/2021

    Jewelry & Timepieces
    Opens about 11/05/2021

    Fine Art
    Opens about 11/16/2021

    Nature & Science
    Opens about 11/17/2021

    Photography
    Opens about 11/17/2021

    US Coins
    Opens about 11/08/2021

    Rare Books
    Opens about 11/19/2021

    Decorative Art
    Opens about 11/18/2021

    Comics & Comic Art
    Opens about 11/11/2021

    Comics & Comic Art
    Opens about 11/22/2021

    Jewelry & Timepieces
    Opens about 11/24/2021

    World & Ancient Coins
    Opens about 11/16/2021

    Currency
    Opens about 11/22/2021

    Arms & Armor
    Opens about 11/23/2021

    Decorative Art
    Opens about 11/23/2021

    Fine Art
    Opens about 11/24/2021

    US Coins
    Opens about 11/15/2021

    US Coins
    Opens about 11/15/2021

    Currency
    Opens about 11/18/2021

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 3 days left to consign to the 2021 December 11 - 13 HKINF World Paper Money Signature® Auction - Hong Kong!

    Learn about consigning with us

    I think heritage is the best auction house and has the best service - that’s why I use you. 
    Sara B.,
    Dubai, UAE
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search