LOT Old Heritage Auctions  /  2007 Sept Long Beach, CA Sig Currency #448  / 

12571

Fr. 1228(a?) 5¢ First Issue Perforated 16 PMG

Currency:USD Category:Coins & Paper Money Start Price:625.00 USD Estimated At:1,250.00 - 2,175.00 USD
Fr. 1228(a?) 5¢ First Issue Perforated 16 PMG
<B>Fr. 1228(a?) 5¢ First Issue Perforated 16 PMG Choice Uncirculated 64 EPQ.</B></I> This and the Ten Cent and Twenty Five Cent offered below are a three-note set that was first brought to the market by Lester Merkin in the 1970's. The notes had been separated at one point, but they were brought back together by Tom O'Mara. We sold the Five Cent and Ten Cent in our January 1994 auction of the Wayne Liechty Collection. These notes have perforations that are even closer together than the well-known and listed "perf. 14" Fifty Cent note. No records exist to prove or disprove that this is not a government product (the perfs, not the notes.) But it is not too much of a leap of faith to suppose that their origin is from the same source as the Fr. 1310a's (see LotXxXxXxXx.) These three notes were purchased by Mr. Mayer from our May 2005 sale of the O'Mara Collection. All were estimated at $750-up. Mr. Mayer paid $840 for this Five Cent, $1440 for the Ten Cent and $840 for the 25¢. <BR><I>From The Frederick Mayer Collection</B></I><BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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