Submitted by Benny Bolin on Sun, 02/16/2014 - 6:05pm
The final issue of fractional currency was the fifth one. It was actually an unneeded issue as the U.S. Mint had been issuing more and more coins since the end of the Civil War. Almost $63,000,000 was printed between February 26, 1874 and February 15, 1876, with an estimated $15,276,443 outstanding as of 1884. The issue was comprised of only three denominations, 10ɇ, 25ɇ and 50ɇ.
Submitted by Benny Bolin on Fri, 12/06/2013 - 10:36pm
With the widespread counterfeiting of the second issue of fractional currency, the third issue came into being. It is by far the largest issue with the most varieties and includes the smallest note every printed, both in size and denomination by the United States, the three-cent notes. It is also the issue that has five of the six most expensive notes ever sold, the Fr. 1351-1354 and the Fr. 1373A. The first third issue fifty-cent notes had the depiction of Justice holding scales and a sword. They were first released on December 5, 1864. The first were Fr.
Submitted by Benny Bolin on Tue, 11/19/2013 - 11:32pm
Fred Reed has hit another homerun with his new book on Civil War Stamp Envelopes. The topic is one that has a limited collector base due to the relatively small number that still exist today (128 merchants issued 514 different varieties). But Fred has once again, as with his Encased Postage Stamp (EPS) and Lincoln books, gone above the normal item catalog and has completed a historical masterpiece. As a collector and researcher, I have been concerned that we are losing the history of the notes and other items as the hobby is seemingly becoming more focused on the financial aspect.
Submitted by Shawn Hewitt on Fri, 11/15/2013 - 7:00am
I've always thought that the area of U.S. obsolete notes remains the wild west of paper money; there is much in the field that has yet to be discovered and mapped. But there are a great many references that have been created over the last century that collectors of state notes can use to help build their collections. Many works have been sponsored by the SPMC over the last 50 years. Here is a partial list of titles -- I am sure there are others still missing in my library: