Skip to main content
Go to accessibility notice


    Fr. 1280 25¢ First Issue PMG Gem Uncirculated 66 EPQ.
    From our January 2001 auction of the Dr. Scheuermann Collection. It is a fully perforated, beautifully bright note that is printed on the light lemon-yellow paper associated with this no-monogram number. Fr. 1280's are quite rare in high grade, and this is one of the very nicest examples we have had the pleasure of handling. Dr. Scheuermann paid a four-figure price for this note in 1993, which was massively ahead of the market. That number should be easily surpassed tonight, as the market is beginning to realize the value of extremely high-grade rare Fractionals. PMG has graded this note and two others at the 66 EPQ level with nothing higher.
    From The Paragon Collection

    View all of [The Paragon Collection ]

    Auction Info

    Auction Dates
    January, 2013
    9th-14th Wednesday-Monday
    Bids + Registered Phone Bidders: 8
    Lot Tracking Activity: N/A
    Page Views: 354

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

    Sold on Jan 9, 2013 for: Sign-in or Join (free & quick)
    Track Item

    Heritage membership

    Join Now - It's Free

    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
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 2 days left to consign to the 2021 August 10 - 16 ANA WFOM World Paper Money Signature Auction - Chicago!

    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 receives more traffic than any other auction house website. (Source:

    Video tutorial

    Getting the most out of search