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Fractional Currency

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5c Plain Paper Experimental Back Second Issue
Grade: PCGS Very Ch. New 64    

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Surprisingly, the plain paper variety of this second issue Experimental is much scarcer than its fiber paper counterpart. This deeply embossed and broadly margined example looks as if it could have easily achieved a Gem grade. Two half-moon cancels and purple stamped "SPECIMEN" seen as always. The only recent example we can find was a few months ago; a nice uncirculated example that sold for over $750. From the John J. Ford, Jr. Collection.

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