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 IssueCH CU $435
1st Issue 1228 $0.05 fractionals

A scarcer issue with ABCO monogram on the reverse and perforations all around.  Very bright.

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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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1240$0.101st IssueAU (tear)$115
1st Issue 1240 $0.10 fractionals

A vividly inked 10 cent note, scarcer issue with perforations all around.  Small closed tear at top margin.

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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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1279$0.251st IssueVF$115
1st Issue 1279 $0.25 fractionals

An evenly circulated  Very Fine example with ABCO monogram and even perforations all around.

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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
1281$0.251st IssueFine$30
1st Issue 1281 $0.25 fractionals

A problem free Fine with straight edges and ABCO monogram on reverse.

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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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1310$0.501st IssueVF$115
1st Issue 1310 $0.50 fractionals

A scarcer first issue with perforated edges and ABCO monogram on reverse.  Top is cut on  the engraving line with […]

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1313$0.501st IssueCH VF$135
1st Issue 1313 $0.50 fractionals

This 50 cent first issue is described as a “very scarce sleeper” in the Kravitz book on Postage & Fractional […]

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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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1232$0.052nd IssuePMG 55 $85
2nd Issue 1232 $0.05 fractionals

A lovely AU Washington Postage Currency with vivid bronze oval around portrait, pleasing margins and bright reverse.

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1232$0.052nd IssueAU$72
2nd Issue 1232 $0.05 fractionals

A lovely AU with a dark bronze oval around Washington’s portrait.

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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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1244$0.102nd IssueAU$58
2nd Issue 1244 $0.10 fractionals

A second issue example with pleasing bronze on front and back.  Margins all around.

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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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1284$0.252nd IssuePMG 45EPQ$115
2nd Issue 1284 $0.25 fractionals

A scarcer 25 cent postage currency issue with surcharges “18-63” on reverse.  Nicely centered with lovely bronze oval around portrait […]

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1285$0.252nd IssueXF$88
2nd Issue 1285 $0.25 fractionals

A broadly margined second issue with pleasing bronze on front and back and with surcharges “A-18-63” on corners on back […]

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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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