Fractional Bills Available from Fractional Currency.Net

   Below View Description and Pricing for Each Offering, Including Photos of Obverses and Reverses. Shipping and Handling Is Added at a Flat Rate of $3.50 per item--no increase for multiple items, i.e., $3.50. Each Shipment Will Require Additional Insurance at the Rate of $1.30 per $50 Worth of Merchandise.
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First Issue: Printed 08/21/1862—05/27/1863

Though hastily enacted and signed into law by President Lincoln on July 17th, 1862, the first issue of "Postage Currency" was no less artful than the stamps which their designs were based. In haste to get some change of sorts back into the marketplace, the government assigned the obverse and reverse engravings to two different companies, the American and the National Bank Note Companies. The earliest issues maintained the "perforated" edges of regular stamps. They were short-lived and therefore more rare—and today more dear—than the "clean edge variety. They came in 5, 10, 25, and 50-cent denominations, the 25 and 50-cent examples created by simply repeating the portrait pattern across the notes. All these issues were stampted inscribed "Postage Currency" and all following issues "Fractional Currency"

First Issue Five Cent Note

Jefferson on Obverse

Monogramed reverse indicating that the obverse and
reverse were done by different companies, The
American Bank Note Company, and the National
Bank Note Company.

Very slight orangish stain can be seen on on reverse.

Problem Free Beauty.

FR 1230

$100.00

Ist Issue 5cent      

First Issue Five Cent Note

Jefferson on Obverse

Monogramed reverse indicating that the obverse and
reverse were done by different companies, The
American Bank Note Company, and the National
Bank Note Company.

Crisp AU/UNC. Very Sharp Note, Even Margins..

FR 1230

 

$125.00
      

First Issue Five Cent Note

Jefferson on Obverse

Monogramed reverse indicating that the obverse and
reverse were done by different companies, The
American Bank Note Company, and the National
Bank Note Company.

Barely cirulated, the even perforations on this note
declare it to be one of the earliest premium examples
of this type. This partiulcar note—if it remains during
shipping —will also include one of the earliest instances of a now-famous "chad" in history.

FR 1228

$450.00


      


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