LOT Heritage Rare Coin Galleries  /  2007 Jan (FUN) Heritage Sig. Currency #424  / 

12295

Fr. 1330 50c Third Issue Spinner PMG Gem Uncirculated 6

Currency:USD Category:Coins & Paper Money Start Price:4,500.00 USD Estimated At:6,000.00 - 9,000.00 USD
Fr. 1330 50c Third Issue Spinner PMG Gem Uncirculated 6
<B>Fr. 1330 50¢ Third Issue Spinner PMG Gem Uncirculated 66.</B></I> PMG has given this major Fractional rarity its coveted "Exceptional Paper Quality" comment. This note is signed by John Allison as Register and John New as Treasurer. Allison and New were in office together from June 30, 1875 until January 7, 1876, long after Third Issue notes had ceased to be issued. These notes were clearly not intended as regular issue, but were signed to be given to friends or as some form of a patronage act. In any event, they became Legal Tender once signed, as Allison and New were legal signers. A number of well circulated examples exist, which shows that these notes did indeed circulate as currency. This number does come in high grade, but it's unlikely that many others of the twenty or so that are traced will make this 66 level.<BR><BR><b>Shipping:</b> Coin/Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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