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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