Description

    Rare Allison-New Fr. 1330

    Fr. 1330 50c Third Issue Spinner PCGS Choice About New 58PPQ. A few light corner folds at the upper right hold this rare Allison-New signed Spinner from the full Gem grade. It is broadly margined, with excellent color and ideal centering of both sides. 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 number of well circulated examples exists, which shows that these notes did indeed circulate as currency.
    From The Thomas M. Flynn Collection


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    Auction Dates
    April, 2008
    17th-19th Thursday-Saturday
    Bids + Registered Phone Bidders: 3
    Lot Tracking Activity: N/A
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