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    Description

    Fr. 1231 5c First Issue Gem New. Previously Lot 67 from our January 1995 sale of the Gengerke Collection, where it was described, "An impeccable, pristine beauty printed in brick red ink on lemon yellow paper. Better-than-ample margins all around, and the razor-sharp print quality that Martin sought out when acquiring Fractional Currency. Fr. 1231 is by far the rarest of the four 5c First Issues in Gem grade." At that time, it realized $363 on an estimate of $300-up, and it should do better than that today. A lovely piece.

    Auction Info

    Auction Dates
    May, 2003
    1st-3rd Thursday-Saturday
    Bids + Registered Phone Bidders: 16
    Lot Tracking Activity: N/A
    Page Views: 148

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