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Description

PMG Gem Uncirculated 66 EPQ Allison-New Fr. 1330

Fr. 1330 50¢ Third Issue Spinner PMG Gem Uncirculated 66 EPQ. This note is signed by John Allison as Register and John New as Treasurer. 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. These notes were clearly not intended as regular issue, but were signed to be given to friends or as some form of a patronage act. In any event, they became Legal Tender once signed, as Allison and New were legal signers. A number of well circulated examples exist, which shows that these notes did indeed circulate as currency. We've sold several Gem examples of Fr. 1330, including the Gengerke note and the Milt Friedberg note. The former brought $5885 in 1995, and the latter $5500 in 1997. This piece, with its broad, even margins, ideal centering, bright colors and deep, original embossing, will certainly do far better in this much stronger Fractional market.

Auction Info

Auction Dates
January, 2010
7th-11th Thursday-Monday
Bids + Registered Phone Bidders: 1
Lot Tracking Activity: N/A
Page Views: 306

Buyer's Premium per Lot:
15% of the successful bid per lot.

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Sold on Jan 8, 2010 for: Not Sold
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