2nd Issue

The term “fractional currency” wasn’t actually used until the second issue (1863-1867). Because counterfeiting was such a problem with the first issue, the second featured a bronze oval on the front. Visit our main page to learn more about United States fractional currency.

  • Type



FR No.DenomTypeGradePrice
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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