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    Fr. 1286 25c Second Issue Inverted "S" Extremely Fine. A rare and underappreciated variety, with the "S" from the "S-18-63" surcharge inverted. This Error is more common on the 25c Experimental Issues with the same surcharge, but it is rarely seen on a regular-issue note. When Milt Friedberg's Fractional Encyclopedia was published in the late '70s, only two examples were known to exist. The count has subsequently risen to five, and with the discovery of this piece, there are now six known. The inversion can be clearly seen on this note, with the elaborate loop that should appear at the bottom left appearing instead at the upper right. The note is well margined and shows only the barest signs of circulation, plus a few light folds. An important note that should reach or exceed . . .

    Auction Info

    Auction Dates
    September, 2003
    26th-27th Friday-Saturday
    Bids + Registered Phone Bidders: 4
    Lot Tracking Activity: N/A
    Page Views: 194

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