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Eclectic Treasures
1862 1st Issue 10 Cents Postage Fractional Currency Civil War Note Fr. 1240
1862 1st Issue 10 Cents Postage Fractional Currency Civil War Note Fr. 1240
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- 1862 1st Issue 10 Cents Postage Fractional Currency Civil War Note Fr. 1240
- 1st Issue: August 21, 1862 to May 27, 1863
- Friedberg number: F-1240
- Signature: Spinner
- Obverse vignette: Bust of George Washington
- Reverse: Black and White
- Fractional currency was created by necessity after the chaos of the Civil War. Businesses and Banks needed smaller denomination notes to facilitate the continuation of commerce. Originally known as postage currency, acquiring fractional currency notes has become a favorite pastime for many collectors.
- Condition: As pictured. Multiple pinholes. (ZZZP225BR)
- N96
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