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Executive Currency - Offering Rare Paper Money for the Connoisseur

 
25 Cent & 50 Cent FRACTIONALS=4th ISSUE & 5 ISSUE=WASHINGTON=GREAT LOOK= CH CU
 
25 Cent & 50 Cent FRACTIONALS=4th ISSUE & 5 ISSUE=WASHINGTON=GREAT LOOK= CH CU
Larger Image
$275.00
$200.00
 
 
Description:

25-CENT FRACTIONAL 

4th ISSUE

and

50-CENT FRACTIONAL 

4th ISSUE

Fractional currency was introduced during the Civil War and were issued from Augtust 21, 1862 to 15 February 1876.  These notes were issued in denominations of 3 cent, 5 cent, 10 cent, 15 cent, 25 cent and 50 cents. 

The U.S. government hoarded coins for their bullion value and stopped exchanging paper money for silver and gold coins.  U.S. Treasurer Francis E. Spinner helped create a solution to the coin shortage with the creation of postage currency, which later led into Fractional Currency.  The introduction of these notes played a key role in economy during the Civil War.

  

note grades:

Choice Crisp Uncirculated

please study the hi-resolution image yourself

REFER to the SCAN to EVALUATE the CENTERING, EMBOSSING, INKS, ALIGNMENT,

to formulate an independent opinion as to the quality and suitability of the piece

 

 

 

 
         
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