Fr. 1228. 5 Cents. First Issue. PCGS Currency Gem New 65 PPQ.Perforated Edges. With Monogram. Deep perforations and ample margins on all sides justify the assigned Gem New 65PPQ grade. Rich yellow inks add further validation. Recent auction results shows that gems have become four-figure notes. The only other gem that we have sold was a decade ago, and that piece brought over $800 in a significantly weaker market.
