LOT Old Heritage Auctions  /  2008 Jan. FUN Signature Currency Auction #456  / 

12371

Second Issue 10¢ Experimental Back Negative

Currency:USD Category:Coins & Paper Money Start Price:1,200.00 USD Estimated At:2,000.00 - 3,000.00 USD
Second Issue 10¢ Experimental Back Negative
<B>Second Issue 10¢ Negative Essay Experimental Back PCGS Choice New 63PPQ.</B></I> The so-called "Negative Essay," "Reverse Matrix," or "Negative Matrix" reverse is in reality none of these three things. Early catalogs erroneously called these "Matrix Reverses," mistakenly believing that they were printed from matrix dyes (transfer rolls) rather than plates. Some also felt, as the Chapmans did, that the notes were printed from plates that had been made from <I>other</B></I> plates rather than from matrix dyes or transfer rolls. The term "Negative Reverses," or "Negative Essays," came from the appearance of the notes, which looks at a glance like a photo negative, that is, the dark areas appear light and the light areas appear dark. However, this is not consistent throughout the entire design, as the denomination, parts of the shield and the lettered ribbons are not reversed. This back design was simply an unadopted proposal where someone decided that certain design elements would look better reversed. Debate still continues today as to whether these Negative Essays or the adopted positive designs are the more handsome. The term "Negative Essay," while it would not be technically correct in the realm of professional photography, has been universally accepted by Fractional collectors, dealers and researchers, and it will be used throughout this catalog to describe this category of note. This example is a relatively Wide Margin 10¢ on an extremely coarse fiber paper. Neither the Friedberg nor O'Mara collections had anything that exactly matched this likely unique piece. The 63PPQ grade is also quite unusual for a Negative Essay note as most were taped, glued, or mishandled over the years.<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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