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    Description

    Fr. 1268 15¢ Fourth Issue PMG Gem Uncirculated 65. Lacking an EPQ, as it was an early graded note. At this 65 level, PMG will add the EPQ on request. Fr. 1268 is quite a rare Friedberg number, although its price is held back and its rarity is suspect due to the large number of incorrect attributions. The watermark can be difficult to locate on many Fr. 1267's, and the lack of a watermark is what makes a 1268 a 1268. As the result of a dangerous combination of partial knowledge and a desire to have the scarcer variety, many, many Fr. 1267's wind up being labeled as 1268's. To carefully identify an actual 1268, the note needs to be high-grade and to have some margin area; the often-difficult-to-see watermark is less of a hassle to spot in a place on the note where there is no ink of any kind. The presently offered note has broad, even margins and excellent color, and it is without any doubt a genuine Fr. 1268. PMG has agreed, and this is tied for the highest-grade note, one of only four uncirculated Fr. 1268's that they have graded.

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    Auction Info

    Auction Dates
    January, 2010
    7th-11th Thursday-Monday
    Bids + Registered Phone Bidders: 6
    Lot Tracking Activity: N/A
    Page Views: 601

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