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 58$125
1st Issue 1230 $0.05 fractionals

First Issue Postage Currency with straight edges and ABC monogram on reverse.

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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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1312$0.501st IssueAU$85
1st Issue 1312 $0.50 fractionals