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.
Fractionals
| FR No. | Denom | Type | Grade | Price |
|---|---|---|---|---|
| 1355 | $0.50 | 3rd Issue | PMG 63 | $565 |
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A scarce red back Justice with autographed signatures. Lovely inks and margins all around. View Note | |||
| 1267 | $0.15 | 4th Issue | PMG 64 | $375 |
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A nicely centered note on watermarked paper with pleasing colors on both the front and back. View Note | |||
| 1302 | $0.25 | 4th Issue | CH CU | $275 |
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A lovely example with margins all around and bold inks on front and back. View Note | |||
| 1265 | $0.10 | 5th Issue | CH CU | $135 |
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A pleasing Meredith with red seal and long, think key. Three pleasing margins, bottom is tight but not into the […] View Note | |||
| 1266 | $0.10 | 5th Issue | PCGS 40PPQ | $75 |
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This XF Meredith note has pleasing inks on front and back, as well as lovely blue end paper on reverse. […] View Note | |||