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    Description

    Fr. 1248 10¢ Second Issue PMG About Uncirculated 55 Net.
    Only about two dozen or so examples of this Friedberg number are known and they always attract considerable attention when one appears at auction. This one, unlike almost all others, is decently centered both face and back. PMG has assigned a Net grade for "Previously Mounted" and they are accurate, some minor mounting damage is visible at the top center of the back. The problem is minor and well clear of the all important surcharges. 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's, and some suspicion must fall on him for the possibility of his also having created these Fr. 1248's. All but one of the known Fr. 1248's 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.


    Auction Info

    Auction Dates
    January, 2015
    7th-12th Wednesday-Monday
    Bids + Registered Phone Bidders: 1
    Lot Tracking Activity: N/A
    Page Views: 413

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