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Description

No-Frameline Five Cent Back Proof - PMG 64 EPQ

Fr. 1231SP 5c First Issue Back Proof 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¢. The most recent 5¢ to reach the market was the Fred Mayer piece in September of 2007, which realized $1,955. This note should do just about as well.

Auction Info

Auction Dates
September, 2008
17th-21st Wednesday-Sunday
Bids + Registered Phone Bidders: 1
Lot Tracking Activity: N/A
Page Views: 391

Buyer's Premium per Lot:
15% of the successful bid per lot.

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Sold on Sep 17, 2008 for: Sign-in or Join (free & quick)
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