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- Fractional currency 25 cents notes were paper money issued by the United States of America during the Civil War12. They were used to replace the coinage that had stopped circulating due to hoarding1. They were also called “shinplasters” and were issued until 18761. One of the 25 cents notes issued in 1863 featured a portrait of President George Washington beside a large red seal2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Issued during the Civil War, these 25 Cent Fractional Currency Notes stood in for the circulation coinage that had stopped circulating. Folks were too afraid of losing their wealth, and instead hoarded their coins! Known as “shinplasters,” these notes continued to be issued until 1876!www.govmint.com/1874-1876-25-cent-fractional-cu…In order to make up for this shortage, the United States of America, under the leadership of President Lincoln, began issuing fractional currency notes, like this 25 Cents Note issued in 1863 – the same year as the pivotal Battle of Gettysburg. It features a portrait of President George Washington beside a large red seal.www.govmint.com/1863-25-cents-washington-fracti…
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Allison-Spinner signatures. March 3 1863 (4th issue) treasurer and designated. Script: Latin. Lettering: ACT APPROVED. MARCH 3ᴰ 1863. United States. FRACTIONAL CURRENCY. Twenty five.
Collecting U.S. Fractional Currency - Collecting Paper …
Jan 21, 2024 · Fractional currency was issued during and after the U.S. Civil War due to the hoarding and shortage of gold, silver, and copper coins. The notes were printed from August 21, 1862, until February 15, 1876, in denominations …
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Feb 20, 2022 · Fractional currency was issued during and after the U.S. Civil War due to the hoarding and shortage of gold, silver, and copper coins. It was printed in five issues in denominations of 3, 5, 10, 15, 25 and 50 cents.
Fractional Currency Third Issue Values & Prices By …
The Greysheet Catalog (GSID) of the Third Issue series of Fractional Currency in the U.S. Currency contains 72 distinct entries with CPG ® values between $22.95 and $120,000.00.
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Sep 26, 2024 · Although not legal tender, fractional currency could be accumulated in amounts of not less than three dollars and exchanged for the equal value in U.S. notes. According to the bills' instructions, the currency …
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Aug 6, 2017 · Signatures, design, markings and note condition will determine the offer price. Notes in Uncirculated or better condition receive the best offers. Appraisals can be estimated for wholesale and retail prices. Wholesale is what …
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