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

12931

HB-204 EP-127 Scott-148 Reed-PE10 10¢ Pearce,

Currency:USD Category:Coins & Paper Money Start Price:5,000.00 USD Estimated At:10,000.00 - 17,400.00 USD
HB-204 EP-127 Scott-148 Reed-PE10 10¢ Pearce,
<B>HB-204 EP-127 Scott-148 Reed-PE10 10¢ Pearce, Tolle & Holton Choice About New.<BR>Numerical grade: 85case.90stamp.75mica. = 250</B></I> An incredible piece for both rarity and condition. It was previously Lot 586 from the Stack's June 2004 sale, where Mr. Mayer obtained it for $6900. In our opinion, this was one of the very best buys from that sale. Fred Reed calls the piece R-9 and comments, "Two Known." The Stack's cataloger said, "Extremely Rare: we have not seen one sold publicly in years and suspect that only two of three are known." Fred Reed's 104-year auction survey shows only five appearances, a number generally indicative of a single piece, or possibly two. This one is the only example we have seen. The condition is outstanding, with the case a solid Choice AU. It's olive-gold, with brighter original highlights behind some of the letters. The stamp is beautifully fresh and perfectly centered, and the mica is crystal clear, with just a few minor surface marks and light lamination visible when turned in the light source. One of the highlight pieces, and one of this cataloger's favorites in Mr. Mayer's collection.<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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