US CURRENCY 1869 10 CENT FRACTIONAL Old Paper Money CU

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  • Item Category: Coins & Currency
  • Source: eBay
  • Sold Date: Apr 16, 2010
  • Channel: Auction House

US CURRENCY 1869 10 CENT FRACTIONAL Old Paper Money CU

1869 10 CENT FRACTIONAL NOTE

FOURTH ISSUE

This is a distinctively different note from most US Currency. It is one of the HARDEST TO FIND-- Extra SMALL SIZE FRACTIONAL NOTES , the 1869 $.10 US NOTE , in Choice UNCIRCULATED condition in my opinion, but you can judge for yourself to make the final decision in these photos. You can enlarge the photos . It has the small portrait of LIBERTY. It is green on the reverse and was printed in 1869 just after the US Civil War under President Andrew Johnston.

In the years of the US Civil War starting in 1862 t was a critical shortage of coins. It became such a problem that for 14 years the government issued small size notes called FRACTIONAL CURRENCY. This was from the fourth issue of fractional paper money ever issued by the USA. It has a large red seal.

The note is fully intact, crisp and perfectly clean despite its age, with 4 full corners, good color contrast with no writing, ink, stains, tears, holes or missing pieces. T are signs of NO handling. T his is nice looking example of old paper money especially for a small size fractional note which are often very worn out when they are found. This is about as old as US money gets.

The art work is simple and the note is less than one quarter the size of the modern notes. It has straigh
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