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

12846

HB-141 EP-186 Scott-101 90¢ J. Gault Extremely

Currency:USD Category:Coins & Paper Money Start Price:7,500.00 USD Estimated At:15,000.00 - 26,100.00 USD
HB-141 EP-186 Scott-101 90¢ J. Gault Extremely
<B>HB-141 EP-186 Scott-101 Reed-JG90 90¢ J. Gault Extremely Fine.<BR>Numerical grade: 75case.70stamp.75mica = 220</B></I> This 90¢ J. Gault is considered an R-8 by Reed, indicating five to ten examples known. We know of six, and suspect the full census is eight to ten. As rare as this piece is, it is still the most common 90¢. This piece was previously Lot 1084 from the Stack's December 1969 sale of the Lilly Collection. Their description read, "Mica in remarkable condition. Probably one of the finest known. Surely one of the highlights of the Perl collection. Considering that a 90¢ piece of this company realized $1350.00 in the Lilly auction, this great rarity should now exceed $1500." It certainly did, realizing an enormous $2900, even more than Mr. Perl's 2¢ Black Jack ($2100.) The case has a minor dent on the front right tab, and a manufacturing defect on the center portion of the back, both of which are only worth mentioning as photo identifiers tying this piece as the Perl lot. The stamp is not fully fresh, but it retains excellent color and clarity. The mica has no meaningful flaws, but it shows minor between-layer separation when the piece is rotated in the light. Not a lot of 1969 numismatic auction items will sell for less than ten times their 1969 price. This historic and highly important piece almost certainly will.<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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