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

12589

Fr. 1241 Milton 1R10.2c 10¢ First Issue Inverted

Currency:USD Category:Coins & Paper Money Start Price:875.00 USD Estimated At:3,500.00 - 6,090.00 USD
Fr. 1241 Milton 1R10.2c 10¢ First Issue Inverted
<B>Fr. 1241 Milton 1R10.2c 10¢ First Issue Inverted Back PMG About Uncirculated 53.</B></I> Frederick Mayer acquired this unique note as Lot 16155 of Heritage-CAA's May 2005 sale of the Tom O'Mara Collection. It was described there, "Listed as unique in the Encyclopedia <I>The Encyclopedia of United States Fractional & Postal Currency by Milton R. Friedberg</B></I>, 1978 where it appears as the plate note on page 35. It's a clean, well-perforated note that holds its light circulation quite nicely. All perforated Inverts are rare, with only nine examples in total, four of which are 25¢ notes. This Fr. 1241 remains unique per Tom O'Mara's 2002 article, and it is the only Invert for either Friedberg number of Ten Cent perforated notes. In 2005, we estimated this piece at $1500, and Mr. Mayer paid $1920 for it. We would expect a 2007 realization of about... (3500-up)<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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