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    Inverted "M" Fessenden Variety

    Fr. 1297 25¢ Third Issue PCGS Banknote About Unc 55 Details.
    The "Details" has been correctly assigned for a minor corner rebuild. We originally offered this note in our January 2002 sale, where it was described, "At first glance, this appears to be a perfectly ordinary Fiber Paper Fessenden, but on closer inspection, the M in the M-2-6-5 surcharge is clearly inverted! We've examined this note extremely closely, and are unquestionably convinced that we are not looking at an alteration of any kind. Every year, our FUN sale has a few Fractional items that usurp the interest of the advanced collectors who always attend. We suspect that this year, this note will be the item that garners the most conversation among Fractional experts." At that sale, the note did indeed cause quite a stir and realized more than $1,600.
    From the Tabacco Family Collection

    View all of [The Tabacco Family Collection ]

    Auction Info

    Auction Dates
    April, 2021
    21st-23rd Wednesday-Friday
    Bids + Registered Phone Bidders: 0
    Lot Tracking Activity: N/A
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