Product Details
CVC & Collectibles is thrilled to present the 25 Cents Fractional Currency | Narrow Margins Specimen PMG About UNC 55. This unique piece of history encapsulates the essence of a bygone era, where fractional currency played a vital role in the everyday transactions of the United States.
PMG has graded this fractional currency About UNC 55, infusing it with historical significance and visual appeal. During the Civil War, the government responded to a shortage of metal coins by issuing fractional currency. These small-denomination notes became integral to American commerce, facilitating everyday purchases.
The “Narrow Margins” specimen is particularly intriguing, showcasing the precision and attention to detail that characterized the creation of these intricate pieces. The notes were works of art in their own right, featuring elaborate designs and meticulous engravings.
Owning this fractional currency establishes a tangible connection to a pivotal moment in American history. As you hold this 25 Cents note, you can imagine the transactions it facilitated and the stories it bore witness to during a time of war and reconstruction.
The PMG About UNC 55 grade indicates that this note retains its originality and crispness, despite the passage of time. Its delicate details remain preserved, allowing you to appreciate the artistry and craftsmanship that went into its creation.
Add the 25 Cents Fractional Currency | Narrow Margins Specimen PMG About UNC 55 to your collection and immerse yourself in the captivating narrative of American currency evolution. This piece is more than just a collectible; it’s a tangible link to a defining era in our nation’s past.
During the early years of Civil War, the banks suspended specie payments, an act the effect or putting premium on all coins. Under such conditions, coins of all denominations were jealousy guarded and hoarded and soon all but disappeared from circulation. Congress passed the Act of July 17, 1862 which authorized an issue of 5, 10, 25, and 50 Cent notes. These became known as Postage Currency since they had similarities of the then current 5 and 10 cent postage stamp. The later issues were known as Fractional Currency.
Currency Highlights:
- Sealed in an inert mylar currency holder certified by PMG.
- Graded About UNC 55
- Narrow Margins Specimen. Friedberg #1282spnmb.
- Front: “Exchangeable for United States Notes by any Assistant Treasurer or designated U.S. Depository in sums not less than five dollars. Receivable in payments of all dues to the U. States less than five Dollars.”
Delve into the historical intrigue of obsolete and Confederate currency from the United States at CVC & Collectables. Unearth a unique collection of currency that sheds light on the nation’s past and the diverse forms of money once used. Experience the legacy of the United States through this link: CVC & Collectables – Obsolete & Confederate Currency
