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

12640

hb-8

Currency:USD Category:Coins & Paper Money Start Price:1,250.00 USD Estimated At:2,500.00 - 4,350.00 USD
hb-8
<B>HB-8 EP-60a Scott-4 Reed-AC05LA 5¢ Ayer's Cathartic Pills Long Arrows Extremely Fine.<BR>Numerical grade: 80case.85stamp.75mica. = 240</B></I><BR> An important rarity rated as an R-8+ by Reed, indicating he feels four or five are known. Bowers & Hodder simply indicate it as rare. This cataloger is aware of this piece and two others, one of which we have not examined. Fred Reed's auction census shows 19 appearances for this long-arrow Five Cent, likely the same few pieces re-appearing over the 104-year census period. This example was Lot 341 from Stack's massive June 2004 sale, and prior to that it was Lot 324 from the Siegel sale of the J K Lilly collection on September 13, 1967. It realized $60 forty years ago, and over $1600 three years ago. The piece is beautiful, with a glossy medium-brown case that has touches of silver behind the letters. The mica is perfect save for very minor crazes at its outer edge, and the stamp is well centered and fresh. An important sleeper rarity.<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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