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

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

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Product Details
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.

Certificate Highlights:
  • Housed in an archival quality currency sleeve.
  • This note is in Almost Uncirculated condition.
  • This is the straight edge type with the ABC monogram on back—Friedberg #1242.
  • Face: An engraving of one of the contemporary issue of Ten 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.

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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