M#5E25R.1. 25 Cents. Fifth Issue. PCGS Banknote Choice About Uncirculated 58 Details. Small Repair, Mounting Remnants, Minor Pencil. Back Proof. Milton 5E25R.1. Uniface back proof on India paper. Columbian Banknote Company of Washington, D.C. PCGS Banknote cites "Small repair, mounting remnants, minor pencil." Despite these flaws this is a very presentable piece of esoteric fractional currency. Traceable to a fourteen subject sheet that appeared in November 1985. These are quite scarce, not rare, but it is usually a lengthy period of time between auction appearances. We have not sold one since 2013, when an AU with problems realized $587.50.
