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    Description

    Fr. 1231SP 5¢ First Issue No Frameline Wide Margin Back PMG Choice Uncirculated 64 EPQ.
    This note is one of the very rare no-frameline First Issue Wide Margin Backs. All normal Wide Margin First Issue Specimen Backs have a thin but bold black frame line that surrounds the engraving at about the distance where the edges of a Regular Issue note would be. Examples are known of the Five Cent, Ten Cent and Fifty Cent denominations, with no Twenty-Five Cent yet discovered. An unproven but generally accepted theory is that these were produced for Treasury Specimen books but were not used. The 25¢ note that appears in those books also lacks the frameline but has the "ABNCo" monogram, which these notes lack. The 5¢ offered here is the most common, with four or five examples known. Milt Friedberg had only a 5¢, Tom O'Mara had a 5¢ and 10¢, and Wayne Liechty had a 5¢, 10¢ and 50¢. Our most recent sale of this very note was in April of 2009 when it realized $1,725 at our Central States auction.
    From the Tabacco Family Collection


    Estimate: $1,500 - up.

    View all of [The Tabacco Family Collection ]

    Auction Info

    Proxy Bidding Ends
    April
    21st Wednesday 5:50 pm CT
    Auction Dates
    April
    21st-23rd Wednesday-Friday
    Proxy Bidding Time Remaining
    3 Days 8h 3m 34s
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: 6
    Page Views: 23

    Buyer's Premium per Lot:
    20% of the successful bid (minimum $19) per lot.

    This lot is in: 1 - Heritage Signature® Auctions Floor Session (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live):
    (Lots 20001-20493) - 6:00 PM Central Time, Wednesday, April 21, 2021.
    (Proxy bidding ends ten minutes prior to the session start time. Live Proxy bidding on Heritage Live starts 7 days before the live session begins and continues through the session.)

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



    Current Bid:
    $750
    Bid Protection
    w/ Buyer's Premium (BP) : $900.00 Minimum Next Bid: $775 ($930.00 w/ BP)
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