Description

    PMG 66 EPQ Fr. 1330 - Tied for Finest Graded

    Fr. 1330 50¢ Third Issue Spinner PMG Gem Uncirculated 66 EPQ.
    Unlike most any other note, the population of 1330's is concentrated at the high end. PMG has graded five, four of which are 66 EPQ's. This is a product of the out-of-pocket production of these notes. The note is signed by John Allison as Register and John New as Treasurer. Allison and New were in office together from June 30, 1875 until January 7, 1876, long after Third Issue notes had ceased to be issued. These notes were clearly not intended as regular issue, but were signed to be given to friends or as some form of a patronage act. In any event, they became Legal Tender once signed, as Allison and New were legal signers. A few circulated examples are known, but most survive as Very Choice or Gem examples. We sold one of the other PMG 66 EPQ's in January 2007 for $11,500. This note should realize just about the same figure.
    From The Paragon Collection


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    Auction Dates
    January, 2013
    9th-14th Wednesday-Monday
    Bids + Registered Phone Bidders: 1
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