New Orleans Stunning Rare Coin Auction 43 Day 1
Da Key Date Coins
1.10.23
148 Route 73 Suite 3-184 Voorhees, NJ 08043 USA, Stati Uniti
L'asta è terminata

LOTTO 28:

1862 US Fractional Currency 10c First Issue fr-1242 Washington Grades vf, very fine. Scarcest Varity of all the ...

Venduto per: $30
Prezzo iniziale:
$ 5
Prezzo stimato :
$65 - $130
Commissione per la casa d'aste: 18%
1.10.23 in Key Date Coins
tag:

1862 US Fractional Currency 10c First Issue fr-1242 Washington Grades vf, very fine. Scarcest Varity of all the 10c first issue Fractional Currency. Fractional or postage currency has a rich history. At the beginning of the Civil War people starting hoarding coins for their precious metal content. Coins became difficult to find because of the hoarding. People started to try to use stamps instead of coins as a means of commerce. The government decided to help ease the hoarding issue by issuing “paper coins” also known as postage currency or fractional currency. Fractional currency was first issued on August 21, 1862 and they were last issued on February 15, 1876. Three cents, five cents, ten cents, twenty-five cents, and fifty cents notes were all issued. Fractional currency is physically smaller than other United States money. It also does not have a serial number.