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    Milton 2E50F.2a 50¢ Second Issue Experimental Essay "WASH" Surcharge PMG Gem Uncirculated 65 EPQ, 2 POCs.
    This note is uniface with the standard 50¢ face design minus the bronze oval. It has been rubber stamped "SPECIMEN" in purple ink and also has two half moon cancels. This piece was bronzed with the top half of the letters for "WASH." 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. When we last sold this piece in our FUN 2010 auction, it realized $2530.
    From the Tabacco Family Collection

    View all of [The Tabacco Family Collection ]

    Auction Info

    Auction Dates
    April, 2021
    21st-23rd Wednesday-Friday
    Bids + Registered Phone Bidders: 0
    Lot Tracking Activity: N/A
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