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Description

Better Than Average Gray Fractional Shield

Fr. 1382 Fractional Currency Shield With Gray Background Not Graded.
Shields were made available to banks and other institutions for counterfeit detection at a price of $4.50 that included shipping. They were prepared between June 1866 and May 1869 and are composed of 39 First, Second, and Third Issue notes. There are 20 faces and 19 backs, all uniface and closely trimmed. The 25¢ Second Issue back has faded to the usual blue-gray color. There are three hand-signed Jeffries-Spinner notes, while a Third Issue 10¢ has the signatures of Colby-Spinner. We are unable to see any ink erosion in these four hand-signed notes. There is some foxing seen as is usually the case for these grandiose Fractional Currency Shields, with the strongest being near the left edge. Our examination also does not find any visible water spots which are frequently seen due to inadequate government storage many years ago due to lack of demand. It is housed in an older frame under glass.


Auction Info

Auction Dates
January, 2022
12th-14th Wednesday-Friday
Bids + Registered Phone Bidders: 15
Lot Tracking Activity: N/A
Page Views: 552

Buyer's Premium per Lot:
20% of the successful bid per lot.

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Sold on Jan 12, 2022 for: $7,800.00
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