Skip to main content
Go to accessibility notice


    Scarce "0" and "63" Surcharge Fractional

    Fr. 1248 10¢ Second Issue PCGS Apparent Extremely Fine 45.
    Only about two dozen or so examples of this Friedberg number are known. They always attract considerable attention when one appears at auction. The surcharges are in the normal, plain font. Milt Friedberg traced the earliest appearance of an "O-63" note back to the Harlan P. Smith sale of the R.C. Davis Collection on January 20, 1890. Smith has long been suspected of "manufacturing" the Fr. 1310a notes. Consequently, some suspicion must fall on him for the possibility of also having created these Fr. 1248 examples. All but one of the known Fr. 1248 notes have this very plain "O-63" surcharge. The one exception has more ornate surcharges, and is likely the only Bureau-produced Fr. 1248. In any event, these notes have always been considered part of a fractional set. PCGS notes small rust stains on the back. These are truly small and confined to the back upper right corner. After a long hiatus, this same note returns to us after we sold it for $948.75 in our 2003 Central States sale. That figure should easily be eclipsed in today's robust market.

    Auction Info

    Auction Dates
    September, 2020
    17th-21st Thursday-Monday
    Bids + Registered Phone Bidders: 1
    Lot Tracking Activity: N/A
    Page Views: 142

    Buyer's Premium per Lot:
    20% of the successful bid (minimum $19) per lot.

    Sold on Sep 21, 2020 for: Sign-in or Join (free & quick)
    Track Item

    Heritage membership

    Join Now - It's Free

    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Consign to the 2021 June 23 - 25 HKINF World Paper Money Signature Auction - Hong Kong.

    Learn about consigning with us

    Thank you for your quick response. I am a member of Heritage Auctions and I am happy to say that it is truly a great platform.
    Mohammed J.,
    Durban, KZ
    View More Testimonials receives more traffic than any other auction house website. (Source:

    Video tutorial

    Getting the most out of search