Fractional
Currency
A selection of common, scarce and rare Fractional Currency notes (1862-1876); other numismatic items may be included. If you don't see what you're looking for, please submit your want list. Thank you.
[Due to a severe shortage of coins in the U.S., Fractional Currency notes were issued from 21 August 1862 through 15 February 1876.] The Second Issue of a fractional currency, authorized by Congress on March 3, 1863, all but discarded the concept of postage stamp money. Notes continued to be receivable for all United States postage stamps, but the identity of the notes was changed from Postage Currency to Fractional Currency, and the notes of the Second Issue did not bear a reproduction of a postage stamp, although the portrait of George Washington on all notes of this issue is the same as that appearing on the 24-cent stamp of the Series of 1861. The Second Issue was made necessary by the ease with which notes of the First Issue had been counterfeited . . . -- Standard Catalog of United States Paper Money (2001), by Chester L. Krause and Robert F. Lemke
NOTE: BELOW: CLICKABLE TITLE ABOVE CLICKABLE PRODUCT IMAGE
