Fractional Currency 15 cents 1868 Fourth Issue FR#1267 UNC

  • Inventory:
    1 In Stock
  • Product ID: 49898
As low as: $195.00
Qty Wire/Check Bitcoin CC/PayPal
Any $195.00 $196.95 $202.80
  • Description:

    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 note from the Fourth Issue of 1868 (cataloged as FR#1267) is a remarkable representation of this unique period in American monetary history.

    The issuance of Fractional Currency was necessitated by the shortage of small-denomination coins during the Civil War. With hoarding, distrust of paper money, and banks suspending specie payments, the U.S. government needed a solution to facilitate everyday commerce. The introduction of Fractional Currency notes in denominations of 3, 5, 10, 15, 25, and 50 cents provided a practical remedy to this issue.

    The design of this 15 cents Fractional Currency note is both elegant and practical. The obverse features a detailed and intricate geometric pattern framing the central numeral "15," signifying its denomination in cents. The aesthetic appeal of the note is complemented by a well-executed design, showcasing the artistic sensibilities of the era.

    One notable feature of Fractional Currency notes is the specialized paper used in their production. This paper contained tiny silk threads, serving as a security measure to deter counterfeiting. Furthermore, the engraving work on the printing plates was exceptionally precise, resulting in intricate and finely detailed notes.

    Each Fractional Currency note is signed by two key officials. In this case, the note bears the engraved signatures of Colby as the Register of the Treasury and Spinner as the Treasurer of the United States. These signatures added an element of authenticity and authority to the notes.

    One of the defining attributes of this specific Fractional Currency note is its condition. It has been graded as UNC, which stands for Uncirculated. In the realm of currency grading, "Uncirculated" indicates that the note has never been in circulation and shows no signs of wear or handling. This pristine condition makes it a highly desirable collectible.

    Examining the note closely, you'll find that it retains its original crispness. The corners and edges are sharp and free from any signs of wear or damage. The colors on the note remain vibrant and unfaded, contributing to its overall visual appeal.

    Fractional Currency notes hold a unique place in numismatic history. They represent a tangible connection to a period when the United States faced distinctive financial challenges and devised innovative solutions to address them. These notes are a testament to the resilience and resourcefulness of the nation during a time of significant adversity.

    In summary, this 15 cents Fractional Currency note from the Fourth Issue of 1868, graded as UNC (Uncirculated), is not merely a piece of currency; it is a piece of American history. Its design, craftsmanship, and exceptional condition make it a highly sought-after collectible. Beyond its aesthetic appeal, it serves as a tangible reminder of the ingenuity and determination displayed by the United States during a pivotal era, making it a cherished numismatic treasure for collectors and enthusiasts alike.

  • Details:
    • Denomination: N/A
    • Year: 1868
    • Diameter: N/A
    • Mint Mark: N/A
    • Thickness: N/A
    • Grade: N/A

Customer reviews