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Fr.1272 SP, 1863 15 Cent Grant-Sherman Wide-Margin Specimen, vChAU, PMG-58

# 5701
Scarce & Desirable Wide-Margin Grant-Sherman Fractional Specimen

Grant-Sherman 15 Cent Fractional Wide-Margin Specimen Note, Very Choice AU, PMG-58

The extremely popular front image fractional specimen note featuring the portraits of Civil War Union Generals W.T. Sherman and U.S. Grant is offered here in the scarcer Wide Margin variety. But for a light corner fold at the lower right, it is a Gem.

Besides the superior condition, this Grant-Sherman is distinguished by still having the full margin width, as issued. Evidence exists that supports the broadly held belief that a relatively large proportion of original wide margin fractionals have been trimmed over the years to improve the appearance of weaker notes and to create "Gem" narrow-margin specimens; an activity certainly not curtailed since the advent of third party grading certification. This practice has resulted in a forever diminished supply of  the more attractive variety.

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