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

12717

HB-58 EP-101 Scott-29b 10¢ Joseph L. Bates

Currency:USD Category:Coins & Paper Money Start Price:2,500.00 USD Estimated At:5,000.00 - 8,700.00 USD
HB-58 EP-101 Scott-29b 10¢ Joseph L. Bates
<B>HB-58 EP-101 Scott-29b Reed-BA10FG 10¢ Joseph L. Bates Fancygoods Ribbed Frame Extremely Fine.<BR>Numerical grade: 80case.75stamp.70mica. = 225</B></I> Mr. Mayer acquire this piece as Lot 407 from Stack's June 2004 sale of the Western Collection. Strangely, no mention of its extremely rarity was made in that auction description. Fred Reed shows this piece as an R-10 an comments, "Unique.” This cataloger is in total agreement. Only three auction appearances are in Reed’s 104-year survey, all of which are without a doubt re-appearances of this piece. The case is a solid XF or a bit better. There are very minor traces of silver behind the letters, and considerably more original mint (factory?) color. The stamp is quite fresh, but it is centered a hair low, and the mica is completely clear, but it has a few cracks and crazes at its outer edge both top and bottom. In spite of no mention of its rarity in its 2004 Western Collection sale appearance, the piece cost Mr. Mayer well over $3000.<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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