Milton 2E50F.2 50¢ Second Issue Essays Cut Pair Extremely Fine. These were lot 315 in Part XIX of the Ford Collection. They are uniface with the standard 50¢ face design minus the bronze oval. They have been rubber stamped "SPECIMEN" in purple ink and they have two half moon cancels. These two pieces were bronzed with the word "FIRST," with one note containing the "F" and the other note, "IRST." The condition is as-made with light surface wrinkling. During the same time span that Second Issue Fractional Notes were being developed, the BEP was also working on the development of National Bank Notes. At one point the bronze overprinting of the issuing bank was being considered as an anti-counterfeiting device. Sheets were prepared with eight lines of text, "First / Washington, D.C. / First / Washington, D.C. / Second / Baltimore, MD / Second / Baltimore, MD. Some of these sheets were used for a proposed $10 National and left over sheets that had been bronzed, but not printed, were used to print Fractional Currency plate proofs as an economy measure. Very few of these bronzed notes survive. This and the next lot put you well on your way of recreating one of these sheets.

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    Auction Dates
    September, 2009
    8th-13th Tuesday-Sunday
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