1862-3 Fractional 5 Cents Postage Currency

1862-3 Fractional 5 Cents Postage Currency
When the American Civil War first broke out in 1861, circulating coinage virtually disappeared. People fearful of the war’s outcome were hoarding their coins, keeping the precious silver and gold hidden away from a potential invading army. 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 the 5 Cents Notes available here that were released between 1862–1863. The first-ever five-cent U.S. fractional currency note, it features a portrait of President Thomas Jefferson on the front and an ornate design on the back.

Notes: Please see pictures for condition

Coins & Stamps, Other

18%

Yassir Bakr | (413) 883-2383 | yaba1971@aol.com

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