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

12712

HB-54 EP-65 Scott-28a 5¢ Joseph L. Bates Fancy

Currency:USD Category:Coins & Paper Money Start Price:1,250.00 USD Estimated At:2,500.00 - 4,350.00 USD
HB-54 EP-65 Scott-28a 5¢ Joseph L. Bates Fancy
<B>HB-54 EP-65 Scott-28a Reed-BA05F/G 5¢ Joseph L. Bates Fancy Goods Extremely Fine.<BR>Numerical grade: 75case.80stamp.80mica. = 235</B></I> Five Cent Bates encasements are extremely rare, yet they remain unrecognized as such in most listings and catalogs. Of the three varieties that exist, all are R-9 in Reed, indicating two to four known. This plain-frame "FANCY GOODS" in two words variety is likely the most common of the Five Cents, based on Reed's 104-year auction survey. In this case, "common" indicates three or four in existence, as opposed to the two known for each of the other varieties. The Western Collection had an example with a torn stamp and cracked mica. The owner of that collection was unable to acquire a better piece in five decades. This example is a beauty. The high-grade case has some silvering remaining behind the letters, an it's flawless save for a stain at its right edge. The mica and stamp are both exceptional. This is quite likely the finest known example of its number.<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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