1st Issue

The first design of fractional currency was issued for 5, 10, 25, and 50 cent denominations and printed between 1862 and 1863. Also known as postage currency, each note featured pictures of a five or ten cent stamp — or a combination of both since no 25 or 50 cent stamps existed at the time. We also have second, third, fourth, and fifth issue fractional currency for sale.

  • Type



FR No.DenomTypeGradePrice
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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1240$0.101st IssuePMG 63 $395
1st Issue 1240 $0.10 fractionals

Pleasing colors and perforated edges all around on this Choice CU note with “ABC” monogram on reverse.

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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 IssuePCGS 25$68
1st Issue 1281 $0.25 fractionals
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