138
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US Currency
1284
1874, 25¢ Fractional Currency. Fifth Issue, with long,
thin key in Treasury seal. PCGS Gem New 65PPQ
.
Fr-
1308
.
KL-3351
. True Gem examples of this fractional type are
not especially rare, but locating one with exceptional margins,
ideal centering, and bold inks can be a time-consuming process.
This note has it all, and is worth a look by casual or advanced
collectors.
Estimated Value ....................................................$120 - 150
1285
1862, 50¢ Fractional Currency. First Issue, perforated
edges, with ABCO monogram. PCGS Choice About New
58
.
Fr-1310
.
KL-3221
. This lovely example of the perforated
first issue variety is limited in grade only by a light, hidden cor-
ner fold that is just into the design.
Estimated Value ....................................................$350 - 450
1286
1862, 50¢ Fractional Currency. First Issue, perforated
edges, with ABCO monogram. PCGS Choice New 63
.
Fr-
1310
.
KL-3221
. This perforated-edge 50¢ "postage note" dis-
plays vivid colors and ideal perforations. The centering is almost
perfect on the back, however the design is shifted slightly to the
left on the face.
Estimated Value ....................................................$300 - 350
1287
1862, 50¢ Fractional Currency. First Issue, perforated
edges, without monogram. PCGS Choice About New 58
.
Fr-1311
.
KL-3223
. This perforated-edge example without the
ABNco. monogram has excellent margins on both sides. The
colors and brightness of the paper are outstanding.
Estimated Value ....................................................$125 - 150
1288
1862, 50¢ Fractional Currency. First Issue, straight
edges, with ABCO monogram. PCGS Choice About New
58PPQ
.
Fr-1312
.
KL-3224
. A strictly original example with
terrific margins, this 50¢ fractional has but a single light bend
that prevents a much higher grade.
Estimated Value ......................................................$75 - 100
1289
1862, 50¢ Fractional Currency. First Issue, straight
edges, without monogram. PCGS Extremely Fine 40
.
Fr-
1313
.
KL-3225
. The scarcer "no monogram" variety is well
represented by this problem-free, lightly circulated example.
Estimated Value ....................................................$150 - 200
1290
1863, 50¢ Fractional Currency. Second Issue, with sur-
charge 18-63 and T-1. PCGS Extremely Fine 45 Appar-
ent
.
Fr-1322
.
KL-3250
. The only mentionable flaw on this
fiber paper 50¢ example is a small translucent stain in the bot-
tom right corner, which is mentioned by PCGS as the reason for
the "apparent" grade.
Estimated Value ......................................................$75 - 100
1291
1864, 50¢ Fractional Currency. Third Issue, red reverse
with A-2-6-5. PCGS Choice About New 58
.
Fr-1324
.
KL-
3275
. Broadly margined and fully framed, with a single light
hidden fold that defines the grade.
Estimated Value ....................................................$120 - 150
S
CARCE
S
PECIMEN
50¢
1292
Third Issue 50¢ Spinner Type II Back Specimen.
Narrow Margins. PCGS Choice About New 58PPQ
.
Fr-1339SP
. This is a very scarce back specimen, seldom
seen in all but the most advanced collections. It is fully
original with excellent eye appeal, and is lacking any of the
problems that are normally seen.
Estimated Value ........................................ $2,500 - 3,000
1293
1864, 50¢ Fractional Currency. Third Issue, green
reverse with autographed signatures. PCGS Choice
About New 58PPQ
.
Fr-1355
.
KL-3307
. This beautiful 50¢
Justice possesses bold pen signatures of Colby and Spinner. The
paper is fully original, and a trivial bit of light handling is the
only grade-limiting factor.
Estimated Value ................................................... $200 - 250
1294
1864, 50¢ Fractional Currency. Third Issue, green rev.
with/o surcharge, obv. w/o design figures. PCGS Choice
New 63PPQ
.
Fr-1358
.
KL-3310
. This lovely Justice note
possesses excellent bronzing and fantastic eye appeal. It is
completely original, and is limited in grade only by a slightly
tight left margin on the face.
Estimated Value ................................................... $500 - 700
1295
1864, 50¢ Fractional Currency. Third Issue, green
reverse with compact A-2-6-5, with "1". PCGS Choice
About New 55PPQ
.
Fr-1364
.
KL-3316
. A single center fold
defines the grade, however the originality, colors, and margins
would be impressive at any grade level.
Estimated Value ................................................... $150 - 200
1296
1869, 50¢ Fractional Currency. Fourth Issue, Lincoln
portrait. PCGS Choice About New 55 Apparent
.
Fr-1374
.
KL-3343
. This Lincoln 50¢ has a very small edge repair in the
top margin at the very center, otherwise there are no mention-
able flaws or other distractions.
Estimated Value ................................................... $100 - 125