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    Inverted 'M' Fr. 1297

    Fr. 1297 25c Third Issue Inverted "M" About New. We sold this note once before in our January 2002 Sale, where it was described, "At first glance, this appears to be a perfectly ordinary Fiber Paper Fessenden, but on closer inspection, the M in the M-2-6-5 surcharge is clearly inverted! We've examined this note extremely closely, and are unquestionably convinced that we are not looking at an alteration of any kind. Every year, our FUN sale has a few Fractional items that usurp the interest of the advanced collectors who always attend. We suspect that this year, this note will be the item that garners the most conversation among Fractional experts." At that sale, the note did indeed cause quite a stir and it realized more than $1,600. We expect that figure to be easily surpassed this evening.

    Auction Info

    Auction Dates
    May, 2005
    5th-7th Thursday-Saturday
    Bids + Registered Phone Bidders: 4
    Lot Tracking Activity: N/A
    Page Views: 225

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