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.
Fractionals
| FR No. | Denom | Type | Grade | Price |
|---|---|---|---|---|
| 1230 | $0.05 | 1st Issue | PMG 50EPQ | $75 |
|
Margins all around on the straight edge example, with monogram. Bright inked with Exceptional Paper Quality noted by PMG. View Note | |||
| 1242 | $0.10 | 1st Issue | CH VF | $125 |
|
A very bright First Issue with pleasing margins on front and back. ABC monogram on reverse. View Note | |||
| 1281 | $0.25 | 1st Issue | CH VF | $85 |
|
Vivid inks on front and back of the First Issue with monogram. Three pleasing margins, left side tapers into engraving […] View Note | |||
| 1281 | $0.25 | 1st Issue | PCGS 25 | $68 |
| ||||
| 1312 | $0.50 | 1st Issue | VF | $65 |
|
A well centered and evenly circulated example of the popular First Issue “Postage Currency” View Note | |||
| 1312 | $0.50 | 1st Issue | AU | $85 |
| ||||
| 1232 | $0.05 | 2nd Issue | PMG 58 | $100 |
| ||||
| 1233 | $0.05 | 2nd Issue | PMG 40NET | $55 |
|
An XF example with surcharges “18-63” on reverse. Net grade due to tear in top margin. View Note | |||
| 1244 | $0.10 | 2nd Issue | PMG 58 | $95 |
|
A very bright Choice AU note with three broad margins, left side is cut on the engraving line. Still pleasing […] View Note | |||
| 1246 | $0.10 | 2nd Issue | PMG 55EPQ | $160 |
| ||||
| 1247 | $0.10 | 2nd Issue | PMG 50EPQ | $145 |
|
A very scarce issue with beautiful bronzing and surcharge “18-63” and “I” on reverse. Right side margin cut very slightly […] View Note | |||
| 1226 | $0.03 | 3rd Issue | PMG 55 | $65 |
|
An AU example of the Washington fractional with light background. Margins all around and a vividly inked green reverse. View Note | |||
| 1252 | $0.10 | 3rd Issue | PMG 64 | $285 |
|
A lovely Choice CU Third Issue Red Back with position indicator “1” on front. Balanced margins all around, pleasing bronzing […] View Note | |||
| 1253spwmf | $0.10 | 3rd Issue | PMG 63NET | $275 |
|
This Choice CU Wide Margin Specimen bears the autographed signatures of Colby and Spinner. Great color and bold overprints — […] View Note | |||
| 1255 | $0.10 | 3rd Issue | PMG 55EPQ | $135 |
|
A nicely centered fractional with bold, bronze overlays on front and back. Exceptional Paper Quality noted on this bright, original […] View Note | |||
| 1255 | $0.10 | 3rd Issue | PMG 45EPQ | $85 |
|
A Choice XF Washington with three broad margins and top being tight but not into note. Bottom margin on reverse […] View Note | |||
| 1255 | $0.10 | 3rd Issue | PMG 55 | $90 |
| ||||
| 1255 | $0.10 | 3rd Issue | PMG 55EPQ | $125 |
| ||||
| 1256 | $0.10 | 3rd Issue | CH AU | $135 |
| ||||
| 1256 | $0.10 | 3rd Issue | PMG 64EPQ | $235 |
|
A very bright example with pleasing margins all around, bold overprints and position “1” on front. Exceptional paper quality is […] View Note | |||
| 1292 | $0.25 | 3rd Issue | CH CU | $265 |
|
A very scarce red back with margins all around and small “a” position indicator on front. Vivid bronzing on front […] View Note | |||
| 1294 | $0.25 | 3rd Issue | PCGS 25 | $495 |
|
A Very Fine example of a desirable 25 cent Third Issue note with an Inverted Surcharge on the Reverse. Well […] View Note | |||
| 1267 | $0.15 | 4th Issue | PMG 64 | $375 |
|
A nicely centered note on watermarked paper with pleasing colors on both the front and back. View Note | |||
| 1267 | $0.15 | 4th Issue | PMG 64 | $375 |
|
A lovely Choice CU note on watermarked paper with pink silk fibers. Pleasing margins all around, as well as vivid […] View Note | |||
| 1267 | $0.15 | 4th Issue | PCGS 64 | $375 |
| ||||
| 1376 | $0.50 | 4th Issue | PMG 55 | $185 |
|
A very bright and nicely centered Stanton fractional note with blue end paper and small red seal. Pleasing colors on […] View Note | |||
| 1264 | $0.10 | 5th Issue | CH CU | $265 |
|
This lovely Meredith has balanced margins all around, vivid green seal with long, thin key and bold blue end paper. View Note | |||
| 1265 | $0.10 | 5th Issue | PMG 63 | $115 |
|
This Choice CU Meredith is nicely centered with vivid blue end paper on the reverse. View Note | |||
| 1381 | $0.50 | 5th Issue | CH CU | $145 |
|
A pleasing, uncirculated “Bob Hope” Fifth Issue fractional note with margins all around and blue end paper. View Note | |||
| 1381 | $0.50 | 5th Issue | AU | $95 |
|
A nicely centered “Bob Hope” fractional with vivid blue end paper and balanced margins all around. View Note | |||