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
1229$0.051st IssuePMG 55EPQ$275
1st Issue 1229 $0.05 fractionals

Exceptional Paper Quality is duly noted on this lovely AU ERROR note with perforations all around.  Bright paper and bold […]

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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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1242$0.101st IssueCH VF$125
1st Issue 1242 $0.10 fractionals

A very bright First Issue with pleasing margins on front and back.  ABC monogram on reverse.

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1281$0.251st IssueCH VF$85
1st Issue 1281 $0.25 fractionals

Vivid inks on front and back of the First Issue with monogram.  Three pleasing margins, left side tapers into engraving […]

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1281$0.251st IssuePCGS 25$68
1st Issue 1281 $0.25 fractionals
1310$0.501st IssuePMG 58EPQ$485
1st Issue 1310 $0.50 fractionals

Perforated edge all around on this scarce First Issue 50 cent example. A well inked and bright Choice AU with […]

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1312$0.501st IssueVF$65
1st Issue 1312 $0.50 fractionals

A well centered and evenly circulated example of the popular First Issue “Postage Currency”

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1312$0.501st IssueAU$85
1st Issue 1312 $0.50 fractionals
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
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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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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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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1238$0.053rd IssuePMG 65EPQ$325
3rd Issue 1238 $0.05 fractionals

This Gem five cent Green Back is beautifully margined with bright paper and bold inks.  Exceptional Paper Quality is noted […]

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1252$0.103rd IssuePMG 64$285
3rd Issue 1252 $0.10 fractionals

A lovely Choice CU Third Issue Red Back with position indicator “1” on front.  Balanced margins all around, pleasing bronzing […]

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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 55EPQ$135
3rd Issue 1255 $0.10 fractionals

A nicely centered fractional with bold, bronze overlays on front and back. Exceptional Paper Quality noted on this bright, original […]

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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
1255$0.103rd IssuePMG 55EPQ$125
3rd Issue 1255 $0.10 fractionals
1256$0.103rd IssueCH AU $135
3rd Issue 1256 $0.10 fractionals
1256$0.103rd IssuePMG 64EPQ$235
3rd Issue 1256 $0.10 fractionals

A very bright example with pleasing margins all around, bold overprints and position “1” on front.  Exceptional paper quality is […]

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1294$0.253rd IssuePCGS 25$495
3rd Issue 1294 $0.25 fractionals

A Very Fine example of a desirable 25 cent Third Issue note with an Inverted Surcharge on the Reverse.  Well […]

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1267$0.154th IssuePMG 64$375
4th Issue 1267 $0.15 fractionals

A nicely centered note on watermarked paper with pleasing colors on both the front and back.

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1267$0.154th IssuePMG 64 $375
4th Issue 1267 $0.15 fractionals

A lovely Choice CU note on watermarked paper with pink silk fibers.  Pleasing margins all around, as well as vivid […]

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1267$0.154th IssuePCGS 64$375
4th Issue 1267 $0.15 fractionals
1269$0.154th IssuePMG 64EPQ$365
4th Issue 1269 $0.15 fractionals

A lovely example with broad, balanced margins all around. Large red seal with vivid blue right end paper and Exceptional […]

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