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Fr. 1299 25¢ Third Issue PMG Choice Uncirculated 64 EPQ.. ...
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Lovely Solid Surcharge Fessenden - The Second Finest Graded at Both Services Combined
Fr. 1299 25¢ Third Issue PMG Choice Uncirculated 64 EPQ.This solid-surcharge Fessenden is a rare and perennially popular type. Most examples on this heavy fiber paper are aged, poorly printed, or damaged. The paper itself split very easily, and its rough surface was less than ideal for receiving the ink or bronzing. This particular example is a conspicuous exception, with absolutely none of the problems that are normally encountered. It is bright, well printed and beautifully bronzed. The face has three huge margins and one normal size margin, and the back is perfectly centered. This is the second-finest example at both services combined. PCGS tops out at 63, and PMG has this lone 64E with a single 65 above it. In January 2008, we sold a PMG 64 no E for $4887.
From The St. Louis Fractional Currency Collection
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