Nelson-12 variety, considered to be Rarity-3.

A bold, well-centered, golden brown example of this popular Redbook type with the mysterious block letter ‘P’ in the obverse field.

Ex Bowers October 1980 sale of the Garrett Collection, Part 3, lot #1280; earlier the collection of Colonel James Ellsworth; earlier Chapman’s June 1914 sale of the George Parsons Collection, lot #91.

HOLD

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