LOT #20270 |
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Milton 2E5R.1k 5¢ Second Issue Experimental 1 and 1/2 Notes PCGS Banknote Choice Uncirculated 63 Details.. ...
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Sold on Apr 21, 2021 for:
$750.00
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Description
Milton 2E5R.1k 5¢ Second Issue Experimental 1 and 1/2 Notes PCGS Banknote Choice Uncirculated 63 Details.This note was Lot 16384 in our 2005 O'Mara sale, and previously was part of Lot 908 of our 1997 Friedberg sale. In this instance, we will present both write-ups to make this more understandable. The O'Mara description was: "This note-and-a-half was cut from a block of ten perfect notes and five half-notes that were part of Milt Friedberg's collection (lot 908). That block contained the only known examples of unstamped, unpunched Fiber Paper 5¢ backs. The purchaser of that block divided the pieces among the active collectors, and this note-and-a-half was Tom O'Mara's share. The top note has a dot of sealing wax, as did each of the half-notes from the original block." The Friedberg auction, where this was a horizontal strip of ten whole backs and five half backs, description read in part: "This sheet of fiber-paper Experimental Backs has been cut horizontally, leaving a perfect block of ten as well as halves of five additional reverses. Milton 2E5R.1 is identical to the notes in this block. But it is known only with punch cancels and the "SPECIMEN" stamp. There is sealing wax (and other fancy stuff) at the top of this block, and our guess is that the wax originally held the two halves of the sheet together." Photo matching of the fibers indicates that this note-and-a-half was at the top right of the original strip. PCGS Banknote has assigned the "Details" grade and has commented, "Foreign Material," but we are quite sure that the sealing wax was of domestic origin.
From the Tabacco Family Collection
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Auction Info
2021 April 21 - 23 Central States Currency Signature Auction - Dallas #3582 (go to Auction Home page)
Auction Dates
April, 2021
21st-23rd
Wednesday-Friday
Bids + Registered Phone Bidders: 1
Lot Tracking Activity: N/A
Page Views: 225
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