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Executive Currency - Offering Rare Paper Money for the Connoisseur

 
50 Cent Fractional==4th ISSUE==Fr. 1374==RARE LINCOLN==RETAIL $550==Ch. CU
 
50 Cent Fractional==4th ISSUE==Fr. 1374==RARE LINCOLN==RETAIL $550==Ch. CU
Larger Image
$425.00
$375.00
 
 
Description:

50-CENT FRACTIONAL

 

4th ISSUE

 

Fr. 1374

 

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.

  RARE ISSUE featuring a bust of ABRAHAM LINCOLN on the right end of the note. 


note grades:

 

CHOICE CU; 

with nice embossing...tightly trimmed. 


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:

$550

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.

 

 
         
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