Fr. 1243SP Milton 1P10R.1c 10¢ First Issue No Frame Line Wide Margin Back Proof PMG Uncirculated 62. ...
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Fr. 1243SP Milton 1P10R.1c 10¢ First Issue No Frame Line Wide Margin Back Proof PMG Uncirculated 62. This is a very rare example of the no-frameline First Issue Back. All normal Wide Margin First Issue Specimen Backs have a thin but bold black frame line that surrounds the engraving at about the distance where the edges of a Regular Issue note would be. This example lacks the frame line, but it is identical in all other respects to a normal Wide Margin Proof. An unproven but generally accepted theory is that these were produced for Treasury Specimen books but were not used. PMG mentions a tear and a penciled "18" annotation at back upper left. From The William S. George Collection HID08101242017 www.HA.com/TexasAuctioneerLicenseNotice
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