Description
FR-1229 5 CENT FIRST ISSUE FRACTIONAL CURRENCY Perforated edges “Without Monogram”
Description is from the 2012 Auction.
From CAA’s January 1997 sale of the Milt Friedberg Collection. It was described there as, ‘A fresh, original, pristine strip that is perforated horizontally only. Both sides of each of the four notes are perfectly straight edged. It appears from the width of the side margins that the vertical perforations never did exist, although this cannot be proven. It’s possible, though unlikely, that the notes were straight-cut just inside the perforations. For this to have happened, the perforations on each side would have had to be a bit farther out than normal. In any event, this is a spectacular and very rare perforated multiple.'” We graded this foursome Gem New in 1997 and PMG agrees with our assessment. Also, we have not offered any other different multiples on this Friedberg number since at least 1997. Third-party graded P.M.G #65EPQ Gem Uncirculated with Exceptional paper quality.
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