Fractionals

Fractional currency came into existence during the time of the Civil War as many people began to hoard their coinage. The Government’s response was to issue paper money for denominations under $1, or fractionals. These notes vary from 3 cents to 50 cents and were issued from 1862 through 1876. They remained in circulation for many years thereafter.

  • Type



FR No.DenomTypeGradePrice
1228$0.051st IssuePMG 63EPQ$285
1st Issue 1228 $0.05 fractionals

Lovely 5-Cent First Issue with perforated edges and Monogram.  Perforations are all around on this original note with Exceptional Paper […]

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1230$0.051st IssuePMG 50EPQ$75
1st Issue 1230 $0.05 fractionals

Margins all around on the straight edge example, with monogram.  Bright inked with Exceptional Paper Quality noted by PMG.

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1230$0.051st IssuePMG 55EPQ$285
1st Issue 1230 $0.05 fractionals

A desirable uncut sheet of three notes from the first issue of fractionals,  Nicely margined with Exceptional Paper Quality noted […]

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1242$0.101st IssuePCGS 35$75
1st Issue 1242 $0.10 fractionals
1242$0.101st IssuePMG 64EPQ$235
1st Issue 1242 $0.10 fractionals

A straight edge example with ABCo monogram on reverse.  Lovely, vividly inked note with margins all around and Exceptional Paper […]

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1281$0.251st IssuePMG 55NET$85
1st Issue 1281 $0.25 fractionals

A well centered straight edge example with ABC monogram. Net grade due to previous mounting.

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1281$0.251st IssuePCGS 25$68
1st Issue 1281 $0.25 fractionals
1281$0.251st IssueVF$42
1st Issue 1281 $0.25 fractionals
1282$0.251st IssuePMG 50NET$350
1st Issue 1282 $0.25 fractionals

A very scarce issue with straight edged margins all around and no monogram on reverse. Net grade “repaired” on reverse.

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1311$0.501st IssuePMG 63$465
1st Issue 1311 $0.50 fractionals

A scarce issue with perforated edges, and without monogram.  This Choice CU example has lovely colors with pleasing perforations.  Bottom […]

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1232$0.052nd IssuePCGS 64$175
2nd Issue 1232 $0.05 fractionals

A broadly margined Very Choice New note with well centered and bright bronze oval around portrait of Washington.

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1232$0.052nd IssuePMG 58$100
2nd Issue 1232 $0.05 fractionals
1232$0.052nd IssuePMG 64EPQ$145
2nd Issue 1232 $0.05 fractionals

Pleasing margins all around, bold bronzing and vivid inks.  Exceptional paper quality is noted by PMG on this second issue […]

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1233$0.052nd IssuePMG 40NET$55
2nd Issue 1233 $0.05 fractionals

An XF example with surcharges “18-63” on reverse.  Net grade due to tear in top margin.

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1244$0.102nd IssuePMG 58$95
2nd Issue 1244 $0.10 fractionals

A very bright Choice AU note with three broad margins, left side is cut on the engraving line. Still pleasing […]

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1244$$0.102nd IssueCU$145
2nd Issue 1244 $$0.10 fractionals

Very bright with bold bronze oval on front.  Off center on both the front and back.  Error note?

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1245$0.102nd IssuePMG 58EPQ$165
2nd Issue 1245 $0.10 fractionals
1245$0.102nd IssuePMG 40EPQ$68
2nd Issue 1245 $0.10 fractionals

A pleasing note with margins all around and surcharges “18-63” on reverse.  Exceptional Paper Quality is noted by PMG.

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1246$0.102nd IssuePMG 55EPQ$160
2nd Issue 1246 $0.10 fractionals
1247$0.102nd IssuePMG 50EPQ$145
2nd Issue 1247 $0.10 fractionals

A very scarce issue with beautiful bronzing and surcharge “18-63” and “I” on reverse. Right side margin cut very slightly […]

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1289$0.252nd IssueCH AU $195
2nd Issue 1289 $0.25 fractionals

A very scarce example with surcharges “T-1-18-63” on  violet inked back and printed on fiber paper.  Nicely centered note with […]

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1226$0.033rd IssuePMG 55$100
3rd Issue 1226 $0.03 fractionals

A lovely example of Washington Postage Currency with light background to portrait. Broad margins on front and back.

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1226$0.033rd IssuePMG 58$150
3rd Issue 1226 $0.03 fractionals
1226$0.033rd IssuePCGS 58PPQ$195
3rd Issue 1226 $0.03 fractionals
1226$0.033rd IssuePMG 55$65
3rd Issue 1226 $0.03 fractionals

An AU example of the Washington fractional with light background.  Margins all around and a vividly inked green reverse.

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1226$0.033rd IssuePMG 62$85
3rd Issue 1226 $0.03 fractionals

An affordable, uncirculated Washington fractional.  Front has rather wide margins. the overall paper is slightly toned.

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1253$0.103rd IssuePMG 64EPQ$350
3rd Issue 1253 $0.10 fractionals
1253spwmf$0.103rd IssuePMG 63NET$275
3rd Issue 1253spwmf $0.10 fractionals

This Choice CU Wide Margin Specimen bears the autographed signatures of Colby and Spinner.  Great color and bold overprints  — […]

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1255$0.103rd IssuePMG 45EPQ$85
3rd Issue 1255 $0.10 fractionals

A Choice XF Washington with three broad margins and top being tight but not into note. Bottom margin on reverse […]

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1255$0.103rd IssuePMG 55$90
3rd Issue 1255 $0.10 fractionals