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    Description

    Milton 1P5R.1d 5¢ First Issue Wide Margin Back Proof PMG Gem Uncirculated 66 EPQ.
    Formerly part of the Frederick Mayer Collection, this rare and interesting Back Proof was described in part, "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. This and the next lot lack that frame line, but they are identical in all other respects to normal Wide Margin specimens. 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 frame line but has the 'ABNCo.' monogram, which these notes lack. The Liechty Collection, which we sold in January of 1994, contained an example of all three known denominations (no 25¢ is known.) Milt had only a 5¢ in his collection. Tom O'Mara had both this 5¢ and the 10¢ that follows. We believe that there are two 5¢ pieces known, two 10¢, no 25¢ and a single 50¢."


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    Auction Dates
    January, 2011
    6th-10th Thursday-Monday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
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