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    Description

    Fr. 1283 25¢ Second Issue Complete Treasury Rectangle Extremely Fine.
    There are two versions about why the stamp, "Treas Dpt." was designed and implemented. The first is the rectangle was stamped on the corner of the sheet to indicate that it had been counted. The other argument is that Congress mandated new paper to circumvent counterfeiting, but this requirement was presumably met by denoting each sheet with the stamp. Most Treasury Rectangles do not show anywhere near this large an amount. This note has bright paper, bright bronzing, and wide face margins. The back of the note shows a complete Treasury Rectangle at left. Very few exist as such and, when they are offered, always seem to approach the thousand dollar plateau. If you are looking for a single example for your Fractional set, this lovely piece is exactly what collectors hope to obtain.


    Auction Info

    Auction Dates
    January, 2020
    8th-14th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 14
    Lot Tracking Activity: N/A
    Page Views: 153

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    Sold on Jan 14, 2020 for: Sign-in or Join (free & quick)
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