LOT #686 |
Sold on Jan 10, 2002 for:
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Fr. 1322 50¢ Second Issue Inverted Back Very Choice New. Th...
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Description
Fr. 1322 50¢ Second Issue Inverted Back Very Choice New. This is a near-Gem example of one of the most significant Fractional Currency Inverts in existence. Even the Milt Friedberg Collection did not contain a 50¢ Second Issue Fiber Paper Invert of any number in any grade. This note would be a perfect Gem with just a hair more top margin. It's bright, sharply printed, and most importantly for an Invert of this type, its deep, original paper embossing can be clearly seen. The embossing is particularly significant, as Fiber Paper Second Issue notes were printed on two separate sheets of paper that were joined together before printing. The pieces can be soaked apart and Inverts artificially created by rejoining the two pieces with the back upside-down. These fake Inverts have a very unnatural stiff feeling, but they can still prove deceptive to the unwary. An example such as this, where the original embossing from the pressure of the plate clearly shows some face-design embossing on the back and back-design embossing on the face, is 100% impossible to fraudulently duplicate. We have handled only one other 50¢ Fiber Paper Invert, a low-grade piece in September of 1997, which realized just under $1500. This high-grade perfect example should certainly more than double that figure five years later.Auction Info
2002 Orlando, FL (CAA) Signature Sale #282 (go to Auction Home page)
Auction Dates
January, 2002
10th-12th
Thursday-Saturday
Bids + Registered Phone Bidders: 8
Lot Tracking Activity: N/A
Page Views: 196
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