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    Description

    Fr. 1282 25¢ First Issue PMG Gem Uncirculated 65 EPQ.
    This Fractional was once part of the Frederick Mayer Collection that we offered in January, 2013. We described it then as, "Mr. Mayer acquired this note at our sale of the Tom O'Mara Collection in May of 2005 for $1,440. It was described there, 'Strict paper originality and deep embossing combine with perfect back centering, ideal color and needle-sharp printing on this rare 25¢ number. As with all four postage-currency denominations, the straight-edge, no monogram variety is the scarcest. Neither the Friedberg (About New) nor Gengerke (Choice New) Collection, which we sold in 1997 and 1995 respectively, contained a Gem of this number.' " This is the only Fr. 1282 that PMG has graded at this level. They have also graded a single example higher and that by one grade point. The last time this note crossed the auction block, it brought $1,527. Seven years later with high grade Fractionals bringing even more at auction, we expect it to reach even higher.
    From the Mansfield Collection


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    Auction Info

    Auction Dates
    September, 2020
    17th-21st Thursday-Monday
    Bids + Registered Phone Bidders: 4
    Lot Tracking Activity: N/A
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