12575

Fr. 1229 Milton 1R5.2 5¢ Horizontal Block of 8

Currency:USD Category:Coins & Paper Money Start Price:3,125.00 USD Estimated At:12,500.00 - 21,750.00 USD
Fr. 1229 Milton 1R5.2 5¢ Horizontal Block of 8
<B>Fr. 1229 Milton 1R5.2 5¢ First Issue Horizontal Block of Eight PMG Gem Uncirculated 65 EPQ.</B></I> Mr. Mayer acquired this extraordinary rarity from our sale of the Friedberg Collection in 1997. It was described there, "An incredible block of perforated no-monogram notes. This block was lot 912 of the Chapman Bros. June 3, 1903 sale of the Friedman Collection. After that sale, its whereabouts were unknown for about 85 years. Each of the eight notes would individually grade Gem New, as each is well centered, fully perforated and simply flawless. As a block of perforated notes, this magnificent piece is unequalled." It realized $2530 at that decade-ago sale. On the current market, the individual notes could easily realize a total of $10,000 or more. The block is a one-of-a-kind item that should bring... (12,500-up)<BR><I>From the Currency Auctions of America January 10, 1997 Milt Friedberg Sale Lot 480. Acquired by Milt from Tom Denly at the 1988 Memphis show. Previously Lot 912 from the Chapman Bros. sale of the Friedman Collection, June 3, 1903.</B></I><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>)