Fractional Currency

Fractional Currency

Fractional bank notes were initiated during the Civil War due to a shortage of coins. Five series of notes were issued between 1862 and 1875. A total of 24 major types were issued, ranging from 3 cents to 50 cents. The first series of notes are called Postage Currency, since the designs were based on the concurrent postage stamps. In 1876, Congress passed an act allowing redemption of fractional notes for silver coins. Most notes are still obtainable, making them a very collectible series.

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22 Items
  • Straight edges, ABNC monogram.

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    Product ID: 21684

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  • Fractional Currency, specifically the 5 cents denomination from the Second Issue of 1863 (cataloged as FR#1232), holds a unique place in American numismatic history. This particular offering, an ... (more)

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    Product ID: 25276

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  • Fractional Currency, exemplified by this uncut sheet of four 10 cents notes from the Second Issue of 1863 (cataloged as FR#1244), stands as a remarkable testament to the innovative response of the ... (more)

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    Product ID: 25278

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  • Fractional Currency, in the form of a rare uncut sheet of four 10 cents notes from the Second Issue of 1863 (cataloged as FR#1244), represents a fascinating chapter in American numismatic history. ... (more)

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    Product ID: 25277

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  • Light background portrait.

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    Product ID: 21678

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  • Light background portrait.

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    Product ID: 21679

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  • Fractional Currency, represented by this pristine 10 cents note from the Third Issue of 1863 (cataloged as FR#1253), holds a significant place in American numismatic history. Graded as UNC ... (more)

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    Product ID: 49896

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  • Fractional Currency played a vital role in the history of American currency during a turbulent period. This pristine 50 cents note from the Third Issue of 1863 (cataloged as FR#1328) is a ... (more)

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    Product ID: 49897

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  • Fractional Currency, a unique and fascinating chapter in the history of American currency, provides us with valuable insights into a challenging period of the nation's past. The 5 cents note from ... (more)

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    Product ID: 50007

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  • Fractional Currency, particularly the 10 cents denomination from the Fourth Issue of 1863, represents a remarkable chapter in the annals of American monetary history. These pristine notes, ... (more)

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    Product ID: 21708

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  • Bust of Columbia. Unique denomination.

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    Product ID: 21714

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  • Bust of Columbia at left.

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    Product ID: 21715

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  • Fractional Currency, often referred to as "Postage Currency" due to its small denominations, played a significant role in the United States during the Civil War and its aftermath. This 15 cents ... (more)

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    Product ID: 49898

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  • Fractional Currency, with its small denominations and unique history, offers a captivating glimpse into a turbulent period of American financial innovation and necessity. The 15 cents note from ... (more)

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    Product ID: 49899

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  • Fractional Currency, especially the 10 cents denomination from the Fifth Issue of 1874, holds a special place in the history of American money. These distinctive notes, identified as FR#1265 and ... (more)

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    Product ID: 21712

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  • Fractional Currency notes, specifically the 10 cents denomination from the Fifth Issue of 1874, offer a fascinating glimpse into the intricate history of American money. These particular notes, ... (more)

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    Product ID: 21713

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  • Fractional Currency notes, particularly the 25 cents denomination from the Fifth Issue of 1874, hold a significant place in American numismatic history. These specific notes, cataloged as FR#1308 ... (more)

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    Product ID: 21728

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  • Fractional Currency notes from the Fifth Issue of 1874, specifically cataloged as FR#1308 and FR#1309, are fascinating relics of American monetary history. These 25 cents notes played a crucial ... (more)

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    Product ID: 21729

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  • Fractional Currency notes from the Fifth Issue of 1874, specifically cataloged as FR#1308 and FR#1309, represent a fascinating chapter in American numismatic history. These 25 cents notes played a ... (more)

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    Product ID: 21730

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  • Fractional Currency notes from the Fifth Issue of 1874, specifically cataloged as FR#1308 and FR#1309, are exceptional specimens that offer a captivating window into American monetary history. ... (more)

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    Product ID: 21731

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  • Fractional Currency notes, specifically the 50 cents denomination from the Fifth Issue of 1875 (cataloged as FR#1380 and FR#1381), offer a fascinating glimpse into a unique chapter of American ... (more)

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    Product ID: 21748

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  • Fractional Currency, a fascinating segment of numismatic history in the United States, tells a compelling tale of economic challenges and innovative solutions. The 50 cents note from the Fifth ... (more)

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    Product ID: 50009

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22 Items