LOT #20250 |
Sold on Apr 21, 2021 for: Sign-in
or Join (free & quick)
Fr. 1310a Milton 1R50.3d 50¢ First Issue Vertical Strip of Four PCGS Banknote Choice AU 58.. ...
Click the image to load the highest resolution version.
Sold on Apr 21, 2021 for:
$7,500.00
Bid Source: Internet bidder
Get one of these:
Explore Available Items
Description
Likely Unique Strip of Four "Perf. 14" Fr. 1310a Notes
Fr. 1310a Milton 1R50.3d 50¢ First Issue Vertical Strip of Four
PCGS Banknote Choice AU 58.To our best knowledge, this is the only 1310a Multiple larger than a two-note Pair. These Small Perforation notes have a very interesting history. Here is the explanation from our January 2021 Laub sale, where we sold a single piece: "'14 Perforations' refers to the number of perforations per 20 millimeters of edge length. The normal perforations, on all other First Issue Fractional notes, are slightly larger: perf. 12, or 12 perforations per 20 millimeters of edge length. The generally accepted history of these smaller perforated notes is that they were produced from two sheets by dealer Harlan P. Smith circa 1890. Although there is no documentary evidence, there is considerable circumstantial evidence that Smith perforated these sheets himself. As this variety was listed by Blake, Valentine, Limpert and Rothert as genuine, it remains highly desirable and collectable in spite of its possible private perforation. We have handled over fifteen (some duplication) of these in our sales, including an About New vertical pair in the Milton Friedberg sale." This currently offered strip of four originally surfaced in a 2005 sale, when Bruce Hagen described it as Crisp Uncirculated, with some claims to Choice. The strip has some half folds in the selvage area but nothing approaches the notes and there some minor adhesive residue present. Both interpretations of the grade hold some validity. This strip has face-plate number 23 in its left selvage, indicating that it was likely the left-hand column of this sheet that was once owned by Chapman. Only 32 notes (two sheets) were ever produced, both from face plate 23 and back plate 14. Enough singles and pairs are known of the 32 made to just about preclude the existence of another full strip of four. This is quite arguably the single most important First Issue multiple.
From the Tabacco Family Collection
View all of [The Tabacco Family Collection ]
Auction Info
2021 April 21 - 23 Central States Currency Signature Auction - Dallas #3582 (go to Auction Home page)
Auction Dates
April, 2021
21st-23rd
Wednesday-Friday
Bids + Registered Phone Bidders: 2
Lot Tracking Activity: N/A
Page Views: 184
Buyer's Premium per Lot:
20% of the successful bid per lot.
Shipping, Taxes, Terms and Bidding
Terms and Conditions | Bidding Guidelines and Bid Increments | Glossary of Terms | Currency Grading Tutorial
Important information concerning Sales Tax and Resale Certificates. Learn More
Terms and Conditions | Bidding Guidelines and Bid Increments | Glossary of Terms | Currency Grading Tutorial