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Description

PCGS Choice 64 Allison-New 50 Cent Spinner

Fr. 1330 50¢ Third Issue Spinner PCGS Banknote Choice Unc 64.
A beautifully margined, Gem-appearing example of this rare note. Unlike most any other notes, the population of 1330s is concentrated at the high end as these were clearly not intended to be issued for circulation. They are signed by John Allison as Register and John New as Treasurer. However, Allison and New were in office together from June 30, 1875 until January 7, 1876, long after Third Issue notes had ceased to be issued. Apparently, they were signed to be given to friends or as some act of patronage. In any event, they became Legal Tender once signed, as Allison and New were legal signers. This example has excellent color and strong signatures, and a bright red back. Bob Laub's example, which was an AU 55, realized $2760 this January. This PCGS Banknote Choice Unc should very nearly double that.
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: 6
Lot Tracking Activity: N/A
Page Views: 224

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

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Sold on Apr 21, 2021 for: $5,040.00
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