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.
2nd Issue
| FR No. | Denom | Type | Grade | Price | ||
|---|---|---|---|---|---|---|
| 1232 | $0.05 | 2nd Issue | PMG 58 | $100 | ||
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| 1233 | $0.05 | 2nd Issue | PMG 40NET | $55 | ||
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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 | ||
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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 | ||
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| 1247 | $0.10 | 2nd Issue | PMG 50EPQ | $145 | ||
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A very scarce issue with beautiful bronzing and surcharge “18-63” and “I” on reverse. Right side margin cut very slightly […] View Note | |||||