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    Description

    Finest Known Fr. 1365 No Loop Justice

    Fr. 1365 50¢ Third Issue Justice PMG Choice About Unc 58 EPQ.
    "Milton 3R50.10j. The finest known example of the very rare "no loop" 1365. When we sold the Milt Friedberg example in 1997, it was the sole known piece. This note, while it does have a single vertical fold, is infinitely nicer than the Friedberg example, and more importantly, it shows the imprint of the plate edge at its top and left. When we sold Milt's example, we described it as having "... come from one of the two strangely configured plates used by the Bureau. The information in the rest of this description comes from an article written by Tom Knebl in Paper Money Magazine #73, page 17. The article relied heavily on an earlier Paper Money article written and researched by Martin Gengerke. The two oddly configured face plates were plate #62, a 30-subject plate arranged in three columns of ten notes with the design letter 'a' on the ten notes in the left-hand column, and plate #5, an identically configured 30-subject plate with the design letter 'a' on the top three notes. Spinner's large engraved signature goes off the note on the right and intrudes slightly into the left edge design of its right-hand neighbor. On the normally configured plate, the two notes with the design letter 'a' would show this signature loop. Any 'a' Justice without the signature loop and having some left margin would have to have come from plate 62 or the upper-left corner of plate 5." This note is clearly an upper-left-corner piece, as indicated by the plate impression as well as margin size. It could have come from either of the two odd plates. Milt's XF realized $935 eight years ago, and this piece should more than double that." This was our description when we sold this same note, ex: O'Mara collection, for $1,840 back in our 2005 Central States sale. You can count the number of known examples on one hand, and this is easily the finest. A great piece that should realize a great price.


    Auction Info

    Auction Dates
    September, 2020
    17th-21st Thursday-Monday
    Bids + Registered Phone Bidders: 5
    Lot Tracking Activity: N/A
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