50-CENT FRACTIONAL SPECIMEN
Fr. 1314-SP (wm)
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
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.
Specimens are printed only on
one side and are printed on very thin paper. These notes bear the word specimen
on one side and the currency image on the other.
CHOICE ABOUT UNCIRCULATED 58
No Surcharges on the corners;
Ink / heat spot in the center.
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,
then use your own
impression to decide the amount to bid
based upon dealers' price lists, eBay, and other auctions,
this note has a RETAIL VALUE
in this exact grade to:
we encourage you to verify this for yourself
the note illustrated is the exact one you will receive
Although we believe our starting price is very fair and aligns with the
demands of the current market, please do not hesitate to make a sensible
counteroffer if you believe a discount will land this
item into your collection.