LOT #20231 |
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Milton 1E5F.2 (Similar) 5¢ First Issue PCGS Choice New 63PPQ.. ...
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Sold on Apr 21, 2021 for:
$1,320.00
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Description
Intriguing Five Cent Face Proof
Milton 1E5F.2 (Similar) 5¢ First Issue PCGS Choice New
63PPQ.This note was die sunk directly onto a soft cardstock much like the Bristol Board proofs. It was printed from the finished plates and has an exceptionally sharp image. It was printed on bright, yellow-white cardstock giving the brown face a lighter brown look than normal notes which were printed on a more yellow paper. It is canceled with two perfectly round holes, one in the upper left corner and one in the lower right corner. This style of cancelation has only been seen on a few other notes.
This note and the 10¢, 25¢ and 50¢ examples that appear later are possible approval proofs. They are similar to other cardstock First Issue Experimentals, except that these are printed directly on the cardstock without the intervening India paper. They are similar to lot 877 in the Friedberg sale which was then in the O'Mara sale and could very possibly be part of a four-note set, which we believe are now together for the first time since early in the previous century. The 10¢, Milton 1E10F.2, which also appears in this sale as Lot 20241, was likewise printed directly on cardstock with a perfectly round hole in the upper left corner. The only other notes printed directly on cardstock with the same type of cancels that this cataloger has seen is a set of color plate proofs, lots 226-229 of the Ford XI sale. Those notes only had a frame line and these current notes also have cutting guides in close proximity to the frame lines. This is an intriguing note that warrants more discussion and research. When we last sold this 5¢ note in April of 2013, it realized over $3500. The 25 cent example is Lot 20247 and the fifty cent example to round out the set is Lot 20254.
From the Tabacco Family Collection
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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: 210
Buyer's Premium per Lot:
20% of the successful bid per lot.
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