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    Blue Negative Essay Set - ex Friedberg and O'Mara

    Negative Essay Denomination Set in Blue Milton 2E5R.2c, 2E10R.5c, 2E25R.1b, 2E50R.1e PMG 64, 62, 64 and 65 EPQ.
    This is the blue negative essay set that was lot 916 of our Milt Friedberg sale in 1997 and lot 16339 of our 2005 Tom O'Mara sale. The set was featured on the covers of both catalogs. Negative essays are the most exciting items to collectors of Fractional Currency developmental pieces. The so-called "Negative Essay," "Reverse Matrix," or "Negative Matrix" reverse is in reality none of these three things. Early catalogs erroneously called these "Matrix Reverses," mistakenly believing that they were printed from matrix dyes (transfer rolls) rather than plates. Some also felt, as the Chapmans did, that the notes were printed from plates that had been made from other plates rather than from matrix dyes or transfer rolls. The term "Negative Reverses," or "Negative Essays," came from the appearance of the notes, which looks at a glance like a photo negative, that is, 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. Debate still continues today as to whether these Negative Essays or the adopted positive designs are the more handsome. The term "Negative Essay," while it would not be technically correct in the realm of professional photography, has been universally accepted by Fractional collectors, dealers and researchers, and it will be used throughout this catalog to describe this category of note. This set of matching blue negative essays has been one of the most coveted items in the entire field. We are very pleased to be able to offer it for the third time. When it was last sold (May 2005) it realized $10,925, a figure we expect to be easily surpassed tonight.
    From the Cocoa Beach Collection (Total: 4 notes)


    View all of [The Cocoa Beach Collection ]

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    Auction Dates
    January, 2010
    7th-11th Thursday-Monday
    Bids + Registered Phone Bidders: 1
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