5c Fractional, Fr. 1228 Perforated Edges; With Monogram PCGS-B Ch Unc 63

5c Fractional Currency, Fr. 1228 Perforated Edges; With Monogram First design of postage currency with perforated edges. These edges later proved to be difficult in commerce as they would tear and easily get damaged. They also were much harder to produce in the American Banknote Company than the straight edge design that they later transitioned to. Please note there's a comment of 'minor adhesive residue' which exists at the top center on the back. PCGS-B Ch Unc 63

Series Year	First Issue
Country	United States
Denomination	5
Grade	63
Signature	-
Grading Agency	PCGS
Category	Fractional Currency
Serial No
Status	Active
Seal	-