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 | PCGS 64 | $175 | ||
|
A broadly margined Very Choice New note with well centered and bright bronze oval around portrait of Washington. View Note | |||||
| 1232 | $0.05 | 2nd Issue | PMG 58 | $100 | ||
| ||||||
| 1233 | $0.05 | 2nd Issue | PMG 64EPQ | $370 | ||
|
A striking example of this second issue note with surcharges “18-63” on a vivid orange reverse. Pleasing margins all around, […] View Note | |||||
| 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 | |||||
| 1245 | $0.10 | 2nd Issue | PMG 58EPQ | $165 | ||
| ||||||
| 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 | |||||
| 1286 | $0.25 | 2nd Issue | PMG 58EPQ | $295 | ||
|
A beautiful Second Issue “Washington” with bold inks, bright paper and Exceptional Paper Quality noted by PMG. A lovely purple […] View Note | |||||
| 1286A | $0.25 | 2nd Issue | PMG 20 | $250 | ||
|
A scarce and very desirable Slate Back 25 cent second issue fractional. Margins all around on this Very Fine example […] View Note | |||||
| 1289 | $0.25 | 2nd Issue | PMG 30 | $75 | ||
|
Minor Separations noted by PMG on this scarcer issue 25 Cent fiber paper note with surcharge “18-63” and “T-1” on […] View Note | |||||