Noe-8, W-740, Salmon 7-E, Monogrammed NE variety, Large Planchet type. Considered to be Rarity-4.

A neat and distinctive variety with the ligatured NE in NEW in the reverse legend.

And this is an original, sharply detailed, well pedigreed, choice mint state example of this large and impressive type.

Ex Stack’s January 2002 sale of the Hain Collection, lot #115; earlier Stack’s September 1988 sale of the Oechsner Collection, lot #943; earlier Mayflower Auctions’ December 1966 sale of the Stearns Collection, lot #84.

$37,500

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