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Fr. 1280 25¢ First Issue PCGS Choice New 63.. ...
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Fr. 1280 25¢ First Issue PCGS Choice New 63.This perforated edge, no monogram note is one of the scarcer First Issue numbers. The 63 grade is almost certainly due to the perforations at the right touching the design as the note appears to be a Gem in all other respects. PCGS has graded 44 of these with only four above the level of this note.
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