Skip to main content
Go to accessibility options
Important Buyer’s Premium Change Notice: Please note that for all Currency auctions closing after January 1st, 2026, the Buyer's Premium is 22% (minimum $29). Please direct any inquiries to 214-409-1150 or Bid@HA.com.

Description

Milton 1R5.2e First Issue Vertical Strip of Four

Fr. 1229 5¢ Milton 1R5.2e First Issue Vertical Strip of Four PMG Gem Uncirculated 65 EPQ.
Previously Lot 12576 from our September 2007 auction of the Fred Mayer Collection, where it was described, "From CAA's January 1997 auction of The Milt Friedberg Collection. It was described there as, 'A fresh, original, pristine strip that is perforated horizontally only. Both sides of each of the four notes are perfectly straight edged. It appears from the width of the side margins that the vertical perforations never did exist, although this cannot be proven. It's possible, though unlikely, that the notes were straight-cut just inside the perforations. For this to have happened, the perforations on each side would have had to be a bit farther out than normal. In any event, this is a spectacular and very rare perforated multiple.'" We graded this foursome Gem New in 1997 and PMG agrees with our assessment. A great Fractional piece that can have your provenance added to it.


Estimate: $2,000 - up.

View Certification Details from PMG

Auction Info

Proxy Bidding Ends 
January
18th Sunday 5:50 pm CT
Auction Dates
January
18th Sunday
Proxy Bidding Time Remaining 
6 Days 9h 29m 10s
Internet/Mail Bids: 0
Lot Tracking Activity: 12
Page Views: 153

Buyer's Premium per Lot:
22% of the successful bid (minimum $29) per lot.

This lot is in: 1 - Currency Session
(Lots 95001-95352) - 6:00 PM Central Time, Sunday, January 18, 2026.
[Proxy bidding ends ten minutes prior to the session start time. Live Proxy bidding on Heritage Live now starts within 2 hours of when the auction opens for proxy bidding and continues through the live session.]

Show All Session Information

Show Auction Type Info

Additional Location Info:
Heritage Auctions - Dallas
2801 W. Airport Freeway
Dallas, TX 75261

Shipping, Taxes, Terms and Bidding
Sales Tax information

Important information concerning Sales Tax and Resale Certificates. Learn More

Terms and Conditions  |  Bidding Guidelines and Bid Increments |  Glossary of Terms  | Currency Grading Tutorial

** Lots bearing estimates and without Consignor Reserve shall open at Heritage Auctions' discretion (usually 25% to 60% of the low estimate).

Starting Bid:
$1,000
Track Item