U.S. Loan of 1848 $500 Bond Specimen - Unique in this Format Hessler Plate ExampleUnited States Loan of 1848 $500 18__ Hessler X119E PCGS Choice New 63.
An impeccably styled and desirable United States loan specimen certificate which is unique in this format. Only two are known of the type, with the other example a proof pairing combined onto one card. That was sold at Ford VI in 2004 and is very strongly held. The full bond Specimen here is the Hessler Plate example, ex:Middendorf-Vattemare Collection, and is Choice; superior to the other mentioned hybrid face and back proofs on one card. It is in its original lightly edge tipped card mounting and so noted by PCGS. Engraved by Toppan, Carpenter, & Co. on bond paper on both sides as intended for issue. Splendid seated America with eagle at top center, flanked by Franklin and Washington. Full red color 500 overprint and red back. A gorgeous example and rarely offered genre of United States Federal obligation with a few POC. The majority of unique specimen bonds from the 1982 Vattemare album sales are very closely held and rarely appear for public sale. At the Middendorf Sale in 1994 this realized $1,540.00. This Mexican War period loan Specimen combines history, great rarity and superb engraving craft in one lovely item.
Ex: Robson Lowe/Christie's Alexander Vattemare Presentation Album's Sale Part Two, September 17, 1982, Lot 1504, later Christie's Hon. J. W. Middendorf II Collection Sale, March 22, 1994, Lot 176.
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