1874 U.S. 5th Issue 10¢, 25¢ & 50¢, FRACTIONAL CURRENCY

This is a trio of United States Fractional Currency Notes. There are Three Bills, one denominated Ten Cents, one Twenty-Five Cents and the other Fifty Cents. They are from the Fifth and last Issue of “Shinplasters”. These were released between February 26, 1874 and February 15, 1876.

During the Civil War people began to hoard hard currency, and coins, even pennies, disappeared. Merchants resorted to Postage Stamps and Tokens for change. The Government began printing “Postage” and then “Fractional” Currency to fill the need. By the 1870’s coins were circulating again and as the need was no longer present this was the last issue of Federal Currency printed under a buck.

Face

Secretary of the Treasury, 1849-1850, William M. Meredith.

Back

Ten Cents: Length: 85 Millimeter, Width: 53 Millimeter.

Paper Money of the United States by Robert Friedberg #1265

Note: This note has been torn in half, it is now held together with three small pieces of tape which can be seen in the pictures.

Face

Secretary of the Treasury, 1845-1849, Robert J. Walker.

Back

Twenty-Five Cents: Length: Millimeter 89 Width: 51 Millimeter.

Paper Money of the United States by Robert Friedberg #1309

Face

Secretary of both the Treasury and War Department, 1815-1825, William H. Crawford.

Back

Fifty Cents: Length: Millimeter 110 Width: 52 Millimeter.

Paper Money of the United States by Robert Friedberg #1380.

The Notes: Decent examples, all well circulated, the 10¢ has been torn in half and taped together, they all have tears, edge roughness and holes. As grading is subjective please see the pictures and judge for yourself.

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