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1st Issue Fractional Currency 10 Cents VG (Fr#1242)

1st Issue Fractional Currency 10 Cents VG (Fr#1242)

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This is scarce first issue fractional currency. This is also known as postage currency since the design utilizes the same portrait that was on a then-current 10 cent postage stamp featuring a likeness of George Washington.

Currency Highlights:
  • First issue fractional currency.
  • Housed in an archival quality currency sleeve.
  • Very Good condition.
  • Face: An engraving of one of the contemporary issue of 10 cent postage stamps featuring a bust of George Washington.
  • Back: Black printing of the obligation at center surrounding a large numeral “10” with an intricate engraving.
  • This is the straight edge type with the ABC monogram on back—Friedberg #1242.

Handle your currency with care by adding these cotton gloves to your order.

These were issued starting in 1862 to help alleviate the shortage of coins due to public hoarding caused by the Civil War. Add this first issue fractional (postage) currency of 10 cents to your cart today!

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