Julian Morgenthau

Last year (2025) two PMG Ch Unc 64EPQs were sold by Heritage Auctions. In November 2025, one sold for $720. In May 2025, a different example sold for $780. 

There's no doubt collectors pay a premium for the EPQ designation; however, this is a spectacular opportunity to save significant money and secure problem-free and stunning example of this S Experimental that clocks in one point shy of Gem. The paper is bright, the inks are bold, and the red S looks as fresh as the day it was printed! Congratulations to the collector that secures this beautiful note!