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

12772

HB-99 EP-109 Scott-69 10¢ Dougan Choice

Currency:USD Category:Coins & Paper Money Start Price:2,500.00 USD Estimated At:5,000.00 - 8,700.00 USD
HB-99 EP-109 Scott-69 10¢ Dougan Choice
<B>HB-99 EP-109 Scott-69 Reed-DO10 10¢ Dougan Choice Extremely Fine.<BR>Numerical grade: 80case.75stamp.85mica. = 240</B></I> The Ten Cent Dougan is acknowledged by all references and experts as being the toughest known denomination for this rare merchant. The Dunham Collection had only a Three Cent; Perl had a One Cent, Three Cent and Five Cent; and Lilly had all four denominations, commenting on the Ten Cent, "Stated to be unique." Reed's 104-year auction survey shows eleven Ten Cent Dougan appearances, and he considers the piece to be an R-9 (two-three known.) The Hodder-Bowers book conjectures "Fewer than five." We personally know of four: the Stack's 6/2004 piece, the two here in the Mayer Collection and one other. This piece was acquired as Lot 1390 in Kagin's February 1988 Long Beach sale. It's a beautiful piece, with a problem-free medium brown case that has lighter highlights behind the hat and letters. The stamp is reasonably fresh, and the mica is about as good as they get. It's clear, with traces of minor separations visible only under angled light.<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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