LOT #20350 |
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Fr. 1253 10¢ Third Issue Narrow Margin Specimen Face PCGS Banknote Choice About Uncirculated 58.. ...
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$2,640.00
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Description
Likely Unique Napier-Spinner Specimen Note
Fr. 1253 10¢ Third Issue Narrow Margin Specimen Face PCGS
Banknote Choice About Uncirculated 58.This note first came to light in the Part 19 sale of a Western dealer's inventory held in October of 2007. Bruce Hagen, in writing the description, considers this a Courtesy Autograph note. "This is actually a Napier Courtesy Autograph on this single signature Specimen note." He does point out that, while in the Boyd Collection, notes of this nature were not kept in with the Courtesy Autographs. The word "Register" is properly written below where Napier has signed. In our opinion, the note is impossible to accurately categorize. The Fr. 1330 has always been considered a Regular Issue note, even though the calendar demonstrates that the signatures were applied in the mid 1870s or later. The argument could be made that the 1330 is a Double Courtesy Autograph note, using the same logic that this note is a Courtesy Autograph. It seems to us that the definitive answer is forever unknowable, as only Napier knows what his purpose was in signing this note. In any event, it is an extremely significant rarity, almost certainly unique and worthy of strong pursuit by today's serious Fractional collectors. The correct Milton number, which was not in the original encyclopedia, is Milton 3S10F.7. The PCGS Banknote holder has the incorrect Milton number, and also the incorrect signature combination. PCGS Banknote has correctly mentioned "Minor Pencil, Small Edge Tear."
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: 5
Lot Tracking Activity: N/A
Page Views: 174
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20% of the successful bid per lot.
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