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    Milton 2E25FR.2 25¢ Second Issue Experimental PCGS Choice About New 58.
    This rare Negative Essay Experimental is not punched cancelled and displays the full face engraving lacking only the bronze oval. Another trait is that it lacks the purple rubber stamping of "SPECIMEN." The back is a beautiful purple color, negative matrix reverse, with the "D-5-18-63" surcharge. The term "Negative Essay" came from the appearance of these notes, which look at a glance like a photo negative, where the dark areas appear light and the light areas appear dark. However, this is not consistent throughout the entire design, as the denomination, parts of the shield, and the lettered ribbons are not reversed. This back design was simply an unadopted proposal where someone decided that certain design elements would look better reversed. It is a spectacular piece, missing from the 1890s until it appeared in Superior's Fraser Collection Sale in 1982. It then went to Doug Hales, and eventually Tom O'Mara when he purchased Doug's collection. Only three different examples are currently known.

    Auction Info

    Auction Dates
    September, 2020
    17th-21st Thursday-Monday
    Bids + Registered Phone Bidders: 3
    Lot Tracking Activity: N/A
    Page Views: 138

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